Absolutely. On the first issue, since this is an entirely indigenous-led project, we focused on the environment. Indigenous people and leaders laid down several rules about where they were prepared to go and where they were not prepared to go, and so the environmental model would be controlled by indigenous people. It would result in a hugely negative zero carbon footprint. It would result in a shorter land and ocean route, and we wouldn't be shipping dilbit, which is a mixture of diluent, so there'd be no wasted energy.
Currently, what's happening is we're shipping our oil and gas by rail or pipeline down to the gulf coast through the Panama Canal, through this huge ocean route to Asia, when we could be shipping it to the west coast of Canada and reducing the CO2 footprint markedly.
In capital investments, our project, according to the team, would result in about $525 billion in capital investment. In government revenue that would result in $6.5 billion per year in personal and corporate income tax and about $17.5 billion a year in royalties and other taxes.
In terms of construction jobs, there would be 50,000 direct and 80,000 indirect, permanent. On the energy corridor there would be 4,500 direct jobs and 29,000 indirect. The increased production would result in, we estimate, about 171,000 permanent jobs in all of western Canada.
This is a huge project. We've been forced to secure a port in Alaska. We're working with the Alaskan government, and they are actually prepared to give us grants to come into their area and have welcomed us. It's kind of unbelievable when we're Canadians and we're trying to help out our own people as indigenous people and trying to help out Canadians, because we have the highest regulatory standard in the world and we have the greatest situation, basically, as far as environmental standards go. It mystifies everybody in western Canada how we can be selling offshore drilling rigs to the Chinese to drill in the ocean off of Newfoundland and the east coast and they are shipping oil from all of these jurisdictions that have terrible human rights and environmental records.
We are basically a resource economy. If anybody has any doubts about that, I would encourage them to look at a Statistics Canada chart that basically shows the various product categories from consumer goods to transport services that contribute to Canada's net trade balance. The biggest contributors to a positive trade balance are natural resources. Energy by far is the biggest. Metals, agriculture and forestry are the next biggest contributors. Everything else, consumer and electronic goods, etc., contributes to a negative net trade balance.
This is critical for Canada. We have to understand why almost no other resource economy in the world is doing what we are doing: because doing it would kill their economy.