Revitalizing Cape Breton’s economy for generations to come

ENERGY PAGE - Energy Loop

Construction jobs

The construction of the Novaporte and Novazone infrastructure will bring thousands of jobs and billions of dollars of economic development to Cape Breton.

Employment (full time equivalent) - 38,480
Wages (in millions) - 2,090
GDP (in millions) - 3,110
Economic Output (in millions) - 6,840

Long-term job creation

Novaporte and Novazone annual operations will bring long-term economic development to Cape Breton for generations to come.

Employment (jobs per year) - 7,950
Wages (in millions) - 410
GDP (in millions) - 630
Economic Output (in millions) - 1,290
Local Taxes (in millions) - 69

ENERGY PAGE - Energy Loop
ENERGY PAGE - Energy Loop

Far reaching economic impact

Driving economic development across all sectors:

  • GDP
  • Per capita income
  • Tax revenue
  • Land value
  • Construction
  • Maritime industries
  • Fisheries & Food
  • Energy
  • Retail at all levels
  • Housing
  • Equipment and autos
  • Mining and forestry
  • Tourism
  • Education