ENMI25
Module 25: Coal Economics (Optional)
Outcome
Examine the marketing and economic value of coal in Saskatchewan.
Indicators
(a) Explore how the political stability of Canada attracts investors to the coal industry.
(b) Identify the top coal importing countries based on total tonnage.
(c) Analyze the factors which influence coal prices such as product supply and demand, importing and exporting countries, economic conditions, government policies and societal changes.
(d) Investigate Canada’s trade agreements with respect to the purchase and sale of coal, the impact on coal corporations and supply management.
(e) Summarize the connection of the coal industry to support industries.
(f) Research how the coal industry has a significant impact on local communities and provincial and federal governments through resource and personal taxes, labour force and royalties.
(g) Explore the economics of coal marketing, including the systems governing price setting and government incentives.
(h) Explore the history of successful and unsuccessful alliances between coal companies and Indigenous companies and communities.
(i) Debate how successful and unsuccessful alliances affect the treaty relationship between the parties involved.
(j) Explore the role of government incentives in the economic development of a coal project in a booming and down turning market.
(k) Compare the cost of production of coal in Saskatchewan to the cost in other parts of Canada and the world.
(l) Analyse the impact of world events (e.g., war, major disaster and economic recession) on the coal market and local economy.
Loading...