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In: Economics

The Kinder Morgan pipe line is a benefit for the economy. 10 marks , Make as...

The Kinder Morgan pipe line is a benefit for the economy.


10 marks ,

Make as per Canadian Standards. Thanks. No Plagiarism.

Solutions

Expert Solution

Kinder Morgan,the Texas-based company,Canada owns and operates the pipeline,as it provides great benefit to Canada through providing job opportunities,investments,taxes,economic benefits,community benefit etc.

1.Job opportunities-This project will lead to new jobs opportunity in the short and long term,job-related training opportunities ,increase in levels of taxes,that are collected by the government.

2.Investments- Investment opportunity will also increase as it is a capital projects.Canada economy through project spending it will directly help in export of resources,through markets around the world.

3.Taxes-This project will also help in increasing the taxes,which is collected through all three levels of government .It would be a great benefit to Canada through taxes.

4.Economic benefits-The kinder Morgan pipeline will increase the value of Canadian oil by accessing the markets.It has expanded pipeline operations.The public services such as health care and education has a great benefit.

5.Community-The kinder Morgan benefits by investing in communities that has resulted by construction of the pipeline.Education,Infrastructure community programs are of priority areas of investment.

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Thanks

Rahul Sunny answered 2 years ago
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