Innovators in Rural Community Economic Development

Passamaquoddy Bay Economic and Fiscal Impact Analysis

Tags: Community Economic Development, Economic and Fiscal Impact Analysis, Research

Client Name: Save Passamaquoddy Bay

Client Type: Citizen Group

Year: 2005, 2006

Location: Maine, Canada, Passamaquoddy

Yellow Wood Associates was hired by Save Passamaquoddy Bay to study the economic and fiscal impacts of potential LNG import terminal development on the Passamaquoddy Bay. Economic impacts on real estate and employment were studied, as were fiscal impacts on local government, housing, transportation, public safety, public investment, and community infrastructure.