Vol. 38, No. 1, Spring 2003
The 20th edition of APEC’s Major Projects Inventory identifies 245 projects in various stages of development across Atlantic Canada, ranked according to their likelihood of being developed. These projects are valued at $45.5 billion, up 2% over last year’s Inventory. Current year project activity is quite buoyant. The estimated value of investment spending in 2003 for projects identified as “high” or “medium-high” probability is up 13% over last year, with substantial increases in Newfoundland and Labrador and New Brunswick. Oil and gas projects account for about 40% of the value of all projects.