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Indirect Economic Impacts | |||
Public Benefits from OperationsPotashCorp's capital contribution to local economies extends beyond the direct impact of its investments in its own operations and local purchasing. Often the dominant employer in an area, it can affect the local economy through its impact on educational and medical facilities, social and sports centers, utilities and other important elements of community life. Indirect Economic ImpactsIndirect impacts describe the effect of a company's operations and investments on the economic activities and performance of others. For example, salaries and supplier income spent locally or paid as tax multiply through the community and induce more economic activity, job creation and wealth creation. PotashCorp is not yet able to present information on its indirect impacts beyond noting that, as a major contributor to world food production, such impacts are considerable. |
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