Jan 9, 2020
Canada’s Building Trades Unions (CBTU) has sent a formal request to the Minister of Environment and Climate Change, the Honourable Jonathan Wilkinson, encouraging the approval of Teck Resources Ltd. Frontier Project in Northern Alberta.
“The construction of Frontier is expected to put 7,000 skilled tradespeople to work, with 2,500 employed in its operation,” said Robert Kucheran, Chairman of Canada’s Building Trades Unions.
Sean McGarvey, President of North America’s Building Trades Unions said the project is expected to produce 260,000 barrels per day and generate billions in revenue for both the federal and Alberta governments. “Federal approval will signal Canada wants to continue producing safe, secure and reliable energy and help get Canada’s economy back on track, ensuring good, family-sustaining jobs for thousands of Canadians.”
Approximately $70-billion in government revenues are expected, with roughly $55-billion in royalties and taxes for Alberta, and $12-billion in federal income and capital taxes.
“Teck has demonstrated their commitment to the environment and local community of Fort McKay where the project is set to take place,” continued Kucheran. “Through more than 10 years of consultations, it has ensured the strictest of protections will be implemented to ensure both environment and wildlife are protected, and communities are involved. We recently saw the benefits of these consultations come to play with agreements reached between Teck and 14 Indigenous communities in the project area; a strong indicator of support in the Fort McKay community.”
A final decision on the project is expected by February 28, 2020.