The Surrey Board of Trade is pleased the National Energy Board has recommended the federal government approve the Trans Mountain Expansion Project, and believes the expansion will have a significant economic impact to Surrey, BC and Canada.
“Surrey residents will see substantial benefits as a result of the expansion. The City will collect over a million dollars in taxes annually, which will help pay for the services we all enjoy,” says Anita Huberman, CEO of the Surrey Board of Trade (SBOT). “The Project will result in over a billion dollars of construction spending in the region, which create will a significant number of jobs focused on manufacturing goods, supplies, and vendors that will be needed during construction.”
Huberman says the Project will generate much needed revenues at the federal, provincial and municipal levels, which will boost the economy over the short and long terms. By contributing to taxes, investing in our infrastructure and exporting product to global markets, Trans Mountain will help solidify Surrey as a city where economic opportunities exist.
“As proponents of responsible resource development, the Surrey Board of Trade supports the Project and welcomes the good paying jobs it will create. The expansion has a national scope and we live in a competitive global economy. By unlocking access to world markets, communities across our country – including Surrey – will be provided new and lasting economic and community benefits.”
Huberman adds workers are expected to spend close to $160 million in the region during construction, on items such as accommodation, meals and clothing.
