Measure of our

economic impact

→ Collective prosperity → Community relations

We conducted an analysis of the economic benef its of our

pan-Canadian activities based on an input-output model

1

. We

evaluated and consolidated the procurement expenditures

of our activities with Statistics Canada’s equivalents. The

f indings released in this report include the direct, indirect and

induced impact of our activities.

2

What we learned from this assessment is that our activities

contributed up to $5.2 billion to Canada’s gross domestic

product (GDP), generating some $1.44 in economic activity

for every dollar spent (in the form of GDP), while creating

46,808 jobs

3

in Canada.

In Quebec, where our story began nearly 60 years ago, our

activities have contributed up to $3.2 billion in GDP and

created 29,940 jobs.

These results demonstrate that we are

a major contributor to the growth of the

Canadian economy. We will continue to

build infrastructure that has a strong

economic and social impact within our

communities.

1. The input-output model is a structural model that focusses primarily on the allocation of resources in the economy corresponding to exogenous

demand. It does not provide an exact measure of the shock impact on the level of resource use in the economy. The evaluation of shock impact

on the level of resource use must be carried out by an external assessment, that is, an assessment by an expert on behalf of users, based on an

understanding of the main macroeconomic relationships in Canada’s economy and solid factual knowledge of the business cycle phase in which

an economy is evolving.

2.Direct impact involves changes in economic activities resulting from our direct investments; for example, employee salaries, local purchases, etc.

Indirect impact pertains to our suppliers and would have not come into play without our activities; for example, the hiring of additional employees

by suppliers. Induced impact is created by households that spend the revenue generated by the spinoffs from direct and indirect impact.

3.The jobs created represent the total number of jobs, including full-time, part-time and temporary jobs as well as jobs held by self-employed workers,

within our company, in the value chain and in the community.

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Canada

Quebec

billion

$5.2

in economic

activity

$1.44

jobs

46,808

years

60

billion

$3.2

jobs

29,940

Our perspective

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Circular economy

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Community relations

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Indigenous relations

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Diversity, equity and inclusion

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