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2012 Northeast British Colombia Community Coal and ENERGY FORUM

Ann Marie Hann President, Coal Association of Canada OCTOBER 11, 2012. 2012 Northeast British Colombia Community Coal and ENERGY FORUM. Coal Association of Canada (CAC) . • 80 members • Full spectrum of the Canadian coal industry: mining companies (exploration, development, production )

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2012 Northeast British Colombia Community Coal and ENERGY FORUM

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  1. Ann Marie HannPresident, Coal Association of Canada OCTOBER 11, 2012 2012 Northeast British Colombia Community Coal and ENERGY FORUM

  2. Coal Association of Canada (CAC) • • 80 members • • Full spectrum of the Canadian coal industry: • mining companies (exploration, development, production) • transportation (rail, terminal and port) • suppliers, consultants • industrial consumers • municipalities • • This diversity gives CAC unique perspective on coal issues 2

  3. COAL ASSOCIATION OF CANADA • support members ensuring coal is developed in a manner that is safe, and socially and economically responsible. • help Canadians to understand and recognize the importance of coal • ensure the industry has an effective voice on coal issues • enhance the image and reputation of coal by providing facts about the coal industry 3

  4. PwC Economic report Purpose: Quantify the economic contributions of the coal industry to the national economy. Focus: Look at direct impacts of coal mining including, GDP, employment, wages, salaries and government tax revenues. 4

  5. PwC Economic report • Industry Overview • 23 producing coal mines in Canada • 10 produce metallurgical coal • 13 produce thermal coal • 67 million tonnes of coal produced in 2012 • 38 million tonnes (56%) is thermal coal – produced mainly in the Prairies • 29 million tonnes (44%) is metallurgical (steel-making) coal – produced in western Alberta and B.C. 5

  6. PwC Economic report • Industry Economic Performance • The coal mining industry gives delivers more economic and social benefits than previously expected or known! • $5.2 billion to Canada’s GDP. • Strong increase in coal prices 2009-2011 • depressed again in 2012. • Strong revenue growth and investment capital predicted in medium and longer term.

  7. PwC Economic report • Employment • Coal industry benefits Canadians through significant levels of employment. • 42,000 people directly and indirectly employed. • Employment in the sector steadily increasing and accounts for 14% of total mining employment. • Coal industry employees are highly skilled. • Average coal salaries double national average and • among highest in the mining sector. • Salaries have increased by 37% over the last decade.

  8. PwC Economic report • Government Tax Revenues • The coal industry provides sizable benefits to governments. • More than $300 million in annual royalties in 2011. • Additional economic impacts from government revenues estimated at almost $700 million. • Funds help support public infrastructure such as roads, schools, hospitals and government programs.

  9. PwC Economic report • Supporting Communities • Mining companies make direct contributions to the communities • in which they operate. • Support local sports teams, clubs and events.

  10. PwC Economic report • A Promising Future For Canadian Coal • The coal industry is important to Canada from its economic, social and local community impacts. • Coal must be a part of our domestic energy mix and contribute globally to our international trade balance through exports. • 6.5 billion tonnes of recoverable coal reserves enough to support 100 years of production • another 190 billion tonnes potentially exists

  11. THANK YOU! ANN MARIE HANN President Coal Association of Canada hann@coal.ca www.coal.ca (403) 262-1544 15

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