It is estimated that an additional 151 person-years of direct employment could be created provincially in the first decade if an allowable annual cut adjustment were made consistent with the base case. However, a total of 242 person-years of direct employment are projected to be lost provincially as the harvest rate declines to the projected long-term harvest level.
Under the base case forecast, provincial government revenues from forestry in the Kootenay Lake Timber Supply Area are projected to increase from $10.8 million to $15.3 million in the first decade, declining to $9.8 million after 60 years based on average stumpage values for 1992. As discussed earlier, these estimates do not include expected increased stumpage revenues from the recently announced Forest Renewal Plan.
