The forest industry has long been the cornerstone of the provincial economy and one of the largest employers in B.C. The industry is adapting, evolving and innovating, and continues to be one of the most significant economic drivers in the province.
140,000 jobs are tied to the forest industry, which is equivalent to one in every 17 B.C. jobs
The global forest industry is very capital-intensive, and B.C.’s industry is no different. B.C.’s forest industry invested $650 million in new capital expenditures in 2016, not including maintenance capital, and is expected to continue that level of investment annually over the next five to ten years. Over the past ten years, the industry invested on average $1.5 billion annually in both strategic capital and maintenance.
B.C.’s forest industry contributes $12.9 billion to the provincial GDP every year
As a major exporter, the forest industry is an important consumer of B.C. transportation infrastructure services such as ports, warehousing, railways, trucking, towing, barging and associated support services, with forest products representing over 21% of all traffic through the Port of Vancouver, 46% of the container traffic through the Port of Prince Rupert, and nearly 11% of total rail traffic across Western Canada.
Useful Links & Resources
Forestry for Our Province
Stay current. Sign up for regular email updates from the team at COFI.
1220 - 595 Howe St.
Vancouver, British Columbia
Canada V6C 2T5