Download Coal Association of Canada

2012 NORTHEAST BRITISH COLOMBIA
COMMUNITY COAL AND ENERGY FORUM
Ann Marie Hann
President, Coal Association of Canada
OCTOBER 11, 2012
COAL ASSOCIATION OF CANADA (CAC)
• 80 members
• Full spectrum of the Canadian coal industry:
• mining companies (exploration, development, production)
• transportation (rail, terminal and port)
• suppliers, consultants
• industrial consumers
• municipalities
• This diversity gives CAC unique perspective on coal issues
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COAL ASSOCIATION OF CANADA
• support members ensuring coal is developed in a manner
that is safe, and socially and economically responsible.
• help Canadians to understand and recognize the
importance of coal
• ensure the industry has an effective voice on coal issues
• enhance the image and reputation of coal by providing
facts about the coal industry
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PwC ECONOMIC REPORT
Purpose:
Quantify the economic contributions of the coal industry to
the national economy.
Focus:
Look at direct impacts of coal mining including, GDP,
employment, wages, salaries and government tax revenues.
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PwC ECONOMIC REPORT
Industry Overview
• 23 producing coal mines in Canada
• 10 produce metallurgical coal
• 13 produce thermal coal
• 67 million tonnes of coal produced in 2012
• 38 million tonnes (56%) is thermal coal – produced
mainly in the Prairies
• 29 million tonnes (44%) is metallurgical (steel-making)
coal – produced in western Alberta and B.C.
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PwC ECONOMIC REPORT
Industry Economic Performance
The coal mining industry gives delivers more economic and social
benefits than previously expected or known!
•
$5.2 billion to Canada’s GDP.
•
Strong increase in coal prices 2009-2011
• depressed again in 2012.
• Strong revenue growth and investment capital predicted
in medium and longer term.
PwC ECONOMIC REPORT
Employment
Coal industry benefits Canadians through significant levels of
employment.
• 42,000 people directly and indirectly employed.
• Employment in the sector steadily increasing and
accounts for 14% of total mining employment.
• Coal industry employees are highly skilled.
• Average coal salaries double national average and
among highest in the mining sector.
• Salaries have increased by 37% over the last decade.
PwC ECONOMIC REPORT
Government Tax Revenues
The coal industry provides sizable benefits to governments.
• More than $300 million in annual royalties in 2011.
• Additional economic impacts from government revenues
estimated at almost $700 million.
• Funds help support public infrastructure such as roads,
schools, hospitals and government programs.
PwC ECONOMIC REPORT
Supporting Communities
• Mining companies make direct contributions to the communities
in which they operate.
• Support local sports teams, clubs and events.
PwC ECONOMIC REPORT
A Promising Future For Canadian Coal
•The coal industry is important to Canada from its economic,
social and local community impacts.
• Coal must be a part of our domestic energy mix and contribute
globally to our international trade balance through exports.
• 6.5 billion tonnes of recoverable coal reserves enough to
support 100 years of production
• another 190 billion tonnes potentially exists
THANK YOU!
ANN MARIE HANN
President
Coal Association of Canada
[email protected]
www.coal.ca
(403) 262-1544
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