Teck Resources: Unleashing Economic Power Across Canada, US, Chile, and Peru
Teck Resources Limited proudly presents its highly anticipated annual Economic Contribution Report, delivering astounding figures that epitomize its extraordinary global influence. Revealed today, these remarkable statistics underscore Teck's unmatched dedication to shaping economies worldwide.
In the year 2021, Teck Resources Limited spearheaded an impressive $20.1 billion in total economic contribution, fortifying the bedrock of the global GDP. Such an astonishing feat was made possible through the creation and preservation of over 214,000 jobs, ensuring stability and prosperity for countless individuals and communities.
Not stopping there, Teck further solidified its legacy by dispensing a staggering $10.4 billion in payments to suppliers, fostering strong partnerships and stimulating economic growth across various sectors. Additionally, through diligent adherence to its civic duties, Teck proudly contributed an awe-inspiring $5.1 billion in taxes and government revenues, bolstering governments worldwide at every level – direct, indirect, and induced.
Today, Teck Resources Limited emerges as a true titan, revolutionizing industries, propelling economies forward, and leaving an indelible mark on the world. Witness the unparalleled influence of Teck as it continues to shape a brighter future for all.
“Our people are proud to contribute to the communities and jurisdictions where we operate through creation of family-supporting jobs, economic activity, and revenue to governments to support essential services like education and healthcare,” said Jonathan Price, Teck’s CEO.
“These economic contributions are directly linked with our work to responsibly provide critical minerals essential to modern society and for the global transition to a low-carbon economy.”
Teck Resources Limited proudly presents a comprehensive snapshot of its economic prowess, showcasing the remarkable highlights from its operations in various countries. Each nation where Teck operates has witnessed an awe-inspiring economic transformation, setting the stage for prosperity and growth.
In the Great North, Canada, Teck's operations served as a catalyst, infusing an astounding $10.9 billion into the nation's GDP. This monumental achievement included a resounding $3.7 billion in labor income, a testament to Teck's commitment to fostering thriving communities. Furthermore, payments of $4.7 billion to Canadian suppliers propelled a flourishing ecosystem, while an impressive 65,360 jobs were created or sustained, offering a lifeline to countless individuals.
Across the vast expanse of the United States, Teck's impact reverberated, contributing a formidable $2.2 billion to the nation's GDP. This injection of economic vitality was fueled by $840 million in labor income, fueling the American dream. Notably, payments of $1.8 billion to U.S. suppliers fortified domestic commerce, while approximately 11,620 jobs flourished under Teck's stewardship, providing stability and growth.
In Chile, Teck's unwavering commitment to progress translated into a staggering $3.0 billion surge in the nation's GDP. With $1.3 billion allocated to labor income, Teck cemented its role as a driving force behind economic prosperity. The infusion of $2.2 billion to Chilean suppliers invigorated local businesses, and an impressive 82,360 jobs flourished, solidifying Teck's legacy as a job creator and sustainer.
Across the Andes Mountains, in Peru, Teck's operations played a pivotal role in propelling the nation's GDP forward by an astonishing $1.4 billion. With $240 million devoted to labor income, Teck elevated the livelihoods of countless Peruvians. Payments of $430 million to Peruvian suppliers invigorated the local economy, while approximately 15,510 jobs were created or sustained, underscoring Teck's commitment to empowering communities.
Authored by the renowned Deloitte, Teck's annual Economic Contribution Report meticulously unveils the tangible benefits engendered in the regions where Teck operates. This comprehensive report encapsulates not only Teck's direct economic impacts but also the indirect and induced impacts that ripple throughout the economic ecosystem. By magnifying demand for goods and services from suppliers and fueling salaries and wages, Teck reshapes communities, transforms lives, and powers progress on a grand scale.
Witness the captivating journey of Teck Resources Limited, where economic triumphs pave the way for a future brimming with prosperity and boundless possibilities.
For more information on Teck’s 2021 Economic Contribution Report, click here.
In the year 2021, Teck Resources Limited spearheaded an impressive $20.1 billion in total economic contribution, fortifying the bedrock of the global GDP. Such an astonishing feat was made possible through the creation and preservation of over 214,000 jobs, ensuring stability and prosperity for countless individuals and communities.
Not stopping there, Teck further solidified its legacy by dispensing a staggering $10.4 billion in payments to suppliers, fostering strong partnerships and stimulating economic growth across various sectors. Additionally, through diligent adherence to its civic duties, Teck proudly contributed an awe-inspiring $5.1 billion in taxes and government revenues, bolstering governments worldwide at every level – direct, indirect, and induced.
Today, Teck Resources Limited emerges as a true titan, revolutionizing industries, propelling economies forward, and leaving an indelible mark on the world. Witness the unparalleled influence of Teck as it continues to shape a brighter future for all.
“Our people are proud to contribute to the communities and jurisdictions where we operate through creation of family-supporting jobs, economic activity, and revenue to governments to support essential services like education and healthcare,” said Jonathan Price, Teck’s CEO.
“These economic contributions are directly linked with our work to responsibly provide critical minerals essential to modern society and for the global transition to a low-carbon economy.”
Teck Resources Limited proudly presents a comprehensive snapshot of its economic prowess, showcasing the remarkable highlights from its operations in various countries. Each nation where Teck operates has witnessed an awe-inspiring economic transformation, setting the stage for prosperity and growth.
In the Great North, Canada, Teck's operations served as a catalyst, infusing an astounding $10.9 billion into the nation's GDP. This monumental achievement included a resounding $3.7 billion in labor income, a testament to Teck's commitment to fostering thriving communities. Furthermore, payments of $4.7 billion to Canadian suppliers propelled a flourishing ecosystem, while an impressive 65,360 jobs were created or sustained, offering a lifeline to countless individuals.
Across the vast expanse of the United States, Teck's impact reverberated, contributing a formidable $2.2 billion to the nation's GDP. This injection of economic vitality was fueled by $840 million in labor income, fueling the American dream. Notably, payments of $1.8 billion to U.S. suppliers fortified domestic commerce, while approximately 11,620 jobs flourished under Teck's stewardship, providing stability and growth.
In Chile, Teck's unwavering commitment to progress translated into a staggering $3.0 billion surge in the nation's GDP. With $1.3 billion allocated to labor income, Teck cemented its role as a driving force behind economic prosperity. The infusion of $2.2 billion to Chilean suppliers invigorated local businesses, and an impressive 82,360 jobs flourished, solidifying Teck's legacy as a job creator and sustainer.
Across the Andes Mountains, in Peru, Teck's operations played a pivotal role in propelling the nation's GDP forward by an astonishing $1.4 billion. With $240 million devoted to labor income, Teck elevated the livelihoods of countless Peruvians. Payments of $430 million to Peruvian suppliers invigorated the local economy, while approximately 15,510 jobs were created or sustained, underscoring Teck's commitment to empowering communities.
Authored by the renowned Deloitte, Teck's annual Economic Contribution Report meticulously unveils the tangible benefits engendered in the regions where Teck operates. This comprehensive report encapsulates not only Teck's direct economic impacts but also the indirect and induced impacts that ripple throughout the economic ecosystem. By magnifying demand for goods and services from suppliers and fueling salaries and wages, Teck reshapes communities, transforms lives, and powers progress on a grand scale.
Witness the captivating journey of Teck Resources Limited, where economic triumphs pave the way for a future brimming with prosperity and boundless possibilities.
For more information on Teck’s 2021 Economic Contribution Report, click here.
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