Carbon Capture, Utilization, and Storage (CCUS) is considered as a very important technology for reducing greenhouse gas emissions. While reducing the emissions, it enables the existing industries to continue their operations. Most of the previous studies on this topic focus only on the microeconomic analysis of CCUS and its macroeconomic aspects, in particular its construction phase has not been covered. The objective of this paper is to address this gap by evaluating the macroeconomic impact of constructing a CO₂ capture system in Saskatchewan, Canada. This study uses a provincial Input-Output (IO) table for Saskatchewan and the Leontief model to analyze how investment in the construction phase of the capture system, focusing on direct equipment costs, affects industry output, GDP, and employment. The results from this analysis show that an investment of CAD 217.8 million can result in an output increase of approximately $1.83 billion, a GDP impact of $900 million and the creation of about 5,588 jobs. These findings show that the construction of carbon capture projects in a specific region can generate significant benefits across the supply chain and can lead to economic growth in that region. This paper also highlights the steps that should be taken and limitations of such analysis and proposes future directions for addressing these limitations.