GDP from Mining in Canada and A New Mega Project

This article discusses the size and composition of Canadian mining-related GDP, then compares them with the mine plan for a proposed new mega mine. The article introduces methods for estimating the direct and indirect impacts on GDP from new mineral revenue from the new mega mine. It shows how to compare the planned mine revenue with national GDP levels using several methods that are more or less apples-to-apples comparisons. The article finds that a single project can have a massive impact on national statistics. For example, it estimates that the total combined direct and indirect GDP impacts from the project are larger than the forecast value for the entire GDP from copper mining in some years.