Locke - Appraisal Institute of Canada

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Employment Expectations – Medium Term16,0008%14,00012,00010,0008,0006,0004,0002,0002008 Q12008 Q32009 Q12009 Q32010 Q12010 Q32011 Q12011 Q32012 Q12012 Q32013 Q12013 Q32014 Q12014 Q32015 Q12015 Q32016 Q12016 Q32017 Q12017 Q32018 Q12018 Q3Increase in Employment% Increase over Current Levels7%6%5%4%3%2%1%00%Increase over current Levels of Employment (220,000) Employment
Oil and Gas and the Future• Huge revenues coming to NL, even at oil prices muchless that current price levels• Will need to import labour• Sufficient revenue to pay off debt by 2020, but notdesirable to do so• NL about to be transformed, fiscally and economically• Will be a “have” project until after 2020• Need to plan for prosperity to enhance the positives andminimize the negatives– Drugs, prostitution, crime, growing rural/urban divide anddisenfranchisement• NL will be a province of opportunity, but we have to worktogether
Page 1 and 2: The Role of Oil and Gas inTransform
Page 3 and 4: 7006005004003002001000NL Population
Page 5 and 6: DEMOGRAPHICS• Population declinin
Page 7 and 8: $14$12$10$8$6$4$2$0NL Provincial De
Page 9 and 10: Debt Expenses as a Percent of Reven
Page 11 and 12: NL Equalization Entitlements -1957-
Page 13 and 14: Fiscal Circumstances• Should have
Page 15 and 16: GDP Per Capita NL and Canada$70,000
Page 17 and 18: Personal Income Per Capita NLRelati
Page 19 and 20: Unemployment Rate Canada and NL2520
Page 21 and 22: 2,5002,0001,5001,0005000Housing Sta
Page 23 and 24: 20016012080400New Housing Price Ind
Page 25 and 26: Vacancy Rates for Class A (Downtown
Page 27 and 28: Other economic indicators• All of
Page 29 and 30: Vic Young Royal CommissionOil and G
Page 31 and 32: Comparison of Government Revenue$10
Page 33: NL Equalization Entitlements:1957-2

Locke - Appraisal Institute of Canada

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