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B.C. 2019 budget reserves dollars for “revitalizing the forest industry”

February 25, 2019  By  Ellen Cools

Photo: Annex Business Media

The B.C. government recently released its 2019 budget, which reserved dollars for “revitalizing the forest industry,” according to The Star Vancouver.

The Star reports that from 2004 to 2009, the province lost nearly half of its direct and indirect forestry jobs, which may be due to a shift in production, as fewer trees harvest in B.C. are processed in the province. Instead, raw logs are exported to different countries, particularly the U.S., China and Hong Kong, where production costs are cheaper.

In 2017, B.C. shipped 5,877,945 cubic metres of raw timber, compared to 1,752,442 in 1999, according to The Star. The 2019 budget suggests that the provincial government will help prevent logs and jobs from being shipped out of the province.

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