Reference no: EM133319323

Analyse the economic impact of the Keystone XL Pipeline on the Canadian economy, individual Canadians, and the relationship between Canada and the US.

1. Describe at the Keystone XL Pipeline project with respect to what it is and the agreement between Canada and the US.
2. Describe in general the economic impact of the project and then the environmental concerns. Do not include the impact from its shut down in this section.
3. Using your knowledge of microeconomics learned from this course describe the following from Canada's perspective:
4. What industries specifically would benefit from this project?
5. What would the project do for the livelihood of the people employed by the project?
6. How has the shut down of the pipeline impacted the industry and people that were employed by the project?
7. Using your knowledge of macroeconomics learned from this course, describe the following:
8. What benefits would the XL Pipeline have provided for the federal government of Canada and Canadians? (Hint: Consider tax revenues and jobs)
9. What concerns would the XL Pipeline have created for the federal government of Canada and Canadians? (Hint: Consider the environmental effects)
10. What has been the impact of the shutdown on the economic relations between Canada and the US?
11. If you were the Prime Minister of Canada,
12. How would you use the shutting down of the XL Pipeline to negotiate with the US President for better trade relations for Canada?
13. What would you do to help the individuals negatively impacted by the shutdown of the Pipeline?

Your assignment is to be submitted in MS WORD format. It should be submitted with the following guidelines:

1. Provide your answer in a report for with length 2,000 - 2,500 words for questions 1 to 5. Use 12 point Arial or Calibri font. Single Spaced. This is equivalent to approximately 500 words per page.
2. Include a cover page with the course code and course name, the assignment number, the title of your assignment, your student ID, your name, the instructor's name, and the date the assignment is created.
3. Ensure the first page of your assignment has the title at the top of the page and the sections of your report have headings and subheadings to chunk your paper into sections for each of the topics you are writing about. Label your sections to match the section you are responding to. For example - 3a, 4c, etc.
4. Any graphs, charts, or diagrams that you wish to include must be referenced in the report and placed in an appendix to your report.
5. You must cite all your sources of information using APA formatting.
6. Create a separate reference page that lists all of your sources that you have cited in your text. Sources include software used. Also, personal communications from a professional in the field count as a reference source.