Forestry Industry in good health according to report
An economic study released by the B.C. forest industry is confirming the sector continues to be a cornerstone of the provincial economy and one of the largest employers across the province.
In 2016, the forest industry was responsible for one out of every 17 jobs in the province, or over 140,000 total jobs, generating a total of 8 point 6 billion dollars in wages to workers.
Of the total jobs, the industry employs 60,000 people directly with an additional 81,000 indirect jobs generated from forest sector activity.
The forest sector contributed 4 point one billion dollars in payments to municipal, provincial and federal governments from forest industry operations.
B.C.’s forest industry exported 13 point 7 billion dollars worth of forest products in 2016, accounting for 34 per cent of all provincial exports.