TD report predicts 'meaningful' GDP boost from West Coast pipeline - bnnbloomberg.ca

CALGARY — A report from TD Economics says a new oil pipeline to the West Coast would lift Canada and Alberta’s gross domestic product, but perhaps not to the degree the provincial and federal governments are forecasting. The government analysis predicts a 0.6 per cent boost to the national economy by the 2040s and 3.5 per cent for Alberta’s. The TD report says those numbers “may lean optimistic” as the governments look to advance the project’s early-stage development. Using more conservative assumptions, TD says the increase could be more like three per cent nationally and two per cent prov…