The 19th edition of APEC’s Major Projects Inventory identifies 241 projects in various stages of development across Atlantic Canada valued at $44.4 billion, up 19% over last year’s Inventory. Energy and mining investments continue to dominate the list, accounting for about 78% of all Inventory projects. While the overall Inventory is up over last year, activity in 2002 is more muted. Construction is scheduled to begin on three major energy developments in 2003-04, which should make the Atlantic provinces among the economic growth leaders in the country once again. This edition also addresses the issue of maximizing benefits for the long-term contribution the industry can make towards improving competitiveness and productivity throughout the economy.
Additional Article: How Do We Create the Best Environment for Maximizing the Benefits of Offshore Oil and Gas Developments