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coal-investing

Coal Industry Contributes $5.2 billion to the GDP

Investing News Network
Nov. 09, 2012 07:11AM PST
Industrial Metals Investing

Mining Weekly reported that, according to a new PWC report, Canada’s coal industry contributed $5.2 billion to the GDP in 2011.

Mining Weekly reported that, according to a new PWC report, Canada’s coal industry contributed  $5.2-billion to the GDP in 2011.

As quoted in the market report:

The report, commissioned by the Coal Association of Canada, revealed that coal delivered more economic and social benefits than expected, and included $3.2-billion in direct impacts and $2-billion of indirect impacts. The industry was also a positive contributor to Canada’s trade balance and benefited employment and communities.

To view the whole Mining Weekly report, click here.

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