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P.E.I. releases first forest sector report to guide policy decisions

Prince Edward Island has published its inaugural Forest Industry Capacity Report, gathering insights from 61 individuals in the forestry sector. The report highlights the economic significance of the island’s forests, which are primarily managed by 16,000 private woodlot owners. The sector employs 250 workers, mostly in rural areas, and generates over $36 million annually from harvested products and services.

Environment Minister Steven Myers emphasized the importance of the report in shaping future policies, particularly around the Forest Enhancement Program, which is seen as a key contributor to the sector’s success.

“Most P.E.I .forests are owned and managed by 16,000 private woodlot owners, so the forest sector on Prince Edward Island is essential to sustainable forest management. Annual revenue from harvested forest products and services is estimated to exceed $36 million, making it clear that this sector has a big economic impact as well,” Myers said.

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