Forestry Key To BC Economy

In October 2, 2017

This is National Forestry Week and there’s is no better place to celebrate it than in BC. According to a survey done by PriceWaterhouseCoopers, the forest industry generated one in every 17 jobs last year. That is 60,000 direct jobs and 81,000 indirect jobs, generating $8.6 million in wages.

The report goes on to say “forestry continues to be foundational to the BC economy, generating $33 billion in output and $12.9 in GDP. Additionally, the sector contributed $4.1 billion in payments to municipal, provincial and federal governments from forestry industry operations.” That figures includes $200 million in taxes to local government.

But there are challenges facing the industry. Some communities are still reeling from the effects of the Mountain Pine Beetle epidemic and,most recently, the province lost 53 million cubic metres in timber to wildfires.

 


Forestry Key To BC Economy Prince George, BC, Canada / CKPG News.  Available from <http://www.ckpg.com/2017/09/26/forestry-key-to-bc-economy/> [September 26, 2017 11:59 am].  Photo:  Article Source

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