TransCanada Corp.: TransCanada

TransCanada: The report by Deloitte Touche LLP, released Tuesday by TransCanada, predicts some 10,071 direct full-time equivalent jobs across the country will be needed to develop and build Energy East until 2018. Of that, Quebec represents 36 per cent and Ontario represents 23 per cent, according to CTV. The study also found the project will add about $35 billion to Canada's gross domestic product during the development and construction phase and over the 40-year life of the project. As well, it's expected to add $10 billion in tax revenues at the municipal, provincial and federal levels the over that time and CALGARY -- A study commissioned by TransCanada Corp. shows Ontario and Quebec to be among the biggest economic winners from construction of its proposed Energy East pipeline, though company CEO Russ Girling admits it will take more than rosy numbers to win public support for the $12-billion project. Once the pipeline is up and running, Deloitte sees the creation of some 1,081 direct jobs, at which point Alberta will start to see a bigger share of direct employment. (www.immigrantscanada.com). As reported in the news.