BC Council of Forest Industries Latest Study
April 7, 2021 — the BC Council of Forest Industries was pleased to release of our new study ‘Contributing to a Better B.C.’ – 2019 Forest Industry Economic Impact Study.
The study confirms that B.C.’s forest industry continues to generate significant economic activity and contributes to a good quality of life for British Columbians in every region of the province.
The study found that in 2019, the provincial forest industry contributed:
- $13 billion to B.C.’s GDP
- 100,000 good jobs for British Columbians
- $8 billion in wages, salaries & benefits
- $4 billion in government revenue to support health, education & more
Importantly, Indigenous communities are vital to B.C.’s forest products industry – as owners, business and stewardship partners and employees.
Over 5,300 Indigenous people are directly employed in the forest sector, more than any other resource sector in B.C. And as a previous supply chain study showed – 120 Indigenous Nations and affiliated organizations were active participants in B.C.’s forest industry in 2019, with close to $250 million flowing to Indigenous communities.
Of interest to you, your colleagues and members, a regional breakdown is provided in the report for the Cariboo, Thompson/Okanagan, Kootenay, Lower Mainland/Southwest, Vancouver Island/Coast, North Coast, Nechako and Northeast Regions.
For More Information
Vice President, Government and Public Affairs