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white rose oilfield development application - Husky Energy

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6 SOCIO-ECONOMIC IMPACT STATEMENTThe SEIS (Comprehensive Study Part Two) presents the results of the socio-economic assessmentconducted for the White Rose <strong>oilfield</strong> <strong>development</strong>. The assessment reflects the primary comments andissues raised by stakeholders, the scoping document issued by the regulatory agencies, CEAA and C-NOPB guidelines (1988). This section provides an overview of the existing socio-economic conditionsin the various study areas, results of the effects analysis (including cumulative effects analysis), andproposed mitigation measures and monitoring programs.The geographic scope of the assessment is primarily provincial, with more detailed studies of areas mostlikely to experience direct effects from the White Rose <strong>oilfield</strong> <strong>development</strong>. These areas include the St.John’s Census Metropolitan Area, Isthmus of Avalon area (an approximate 50-km zone centered on BullArm) and Marystown area (50-km commuting zone from Marystown). The analysis of the fisheries alsoincludes North Atlantic Fisheries Organization (NAO) Unit Area 3Lt.The assessment approach involved:• issues scoping and consultation;• identifying VECs (business and employment, community social and physical infrastructure andservices, and fisheries);• describing the major characteristics of the existing environment for each VEC;• identifying socio-economic environment-project interactions;• analyzing the nature and extent of the potential environmental effects, including cumulativeenvironmental effects;• identifying effects management measures to address potential effects;• evaluating the nature and extent of the residual environmental effects after design and consideringeffects management strategies; and• identifying monitoring and follow-up initiatives.6.1 Existing Social and Economic SettingThe 1990s were something of a “roller coaster” for the provincial economy and this is reflected in anumber of performance indicators. Positive <strong>development</strong>s in the offshore oil industry (Hibernia) wereoffset by the declaration of moratoria on fishing for northern cod and other groundfish species. A majorconsequence of the fishery closure has been a declining population since 1991-1992, particularly in ruralNewfoundland and Labrador. During the same period, the value of mineral, newsprint andmanufacturing shipments increased and, by 1995, there were indications that the economy was startingto rebound. However, through 1996 and 1997, gross domestic product (GDP) declined as a result of thewind-down of the Hibernia construction project, declining value of newsprint shipments and decliningWhite Rose DA Project Summary • January 2001 Page 84

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