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Saskatchewan forest industry hit record $1.8B in sales in 2021

According to a press release from the government of Saskatchewan, the province’s forest sector hit an all-time high of $1.8 billion in forestry product sales in 2021, up 60 per cent from 2020.

“These record numbers are more great news for Saskatchewan’s economy and show we’re fully on track to achieve our goals of doubling forestry sector growth by 2030 and substantially increasing the value of our exports,” Saskatchewan’s Energy and Resources Minister Bronwyn Eyre said in a statement. “Forestry is currently the largest sector in our province’s north, supports nearly 8,000 jobs and relies heavily on Indigenous workers and businesses.”

The forest industry has been rapidly expanding in the province. In 2021, the government of Saskatchewan announced timber allocations worth nearly $1 billion in capital investments that will see over 2,600 new jobs created. The projects include construction of an OSB mill in Prince Albert, the expansion of Dunkley Lumber’s Carrot River sawmill, upgrades at the Big River sawmill and the reopening of the Prince Albert pulp mill.