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Infrastructure builds 2015

February 01, 2015

Private sector infrastructure plans have been affected by the precipitous drop in oil prices and weak base metal prices.

In the area ‘north of 56’ government capital spending forms the stable base while private sector capital spending can vary to a much greater degree due to commodity prices. In 2015 every jurisdiction faces challenges.

 

Commentary

For the most part the northern regions face curtailment in infrastructure building plans in 2015.  Nunavut and NWT have significant private sector infrastructure activity from large mines going into production. Yukon has robust public sector infrastructure investment but a weak private sector investment outlook. Alaska faces curtailments with its slowing oil and gas sector.

Sources

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Source: Institute of Social and Economic Research- University of Alaska Anchorage