On a provincial level, the timber supply area is estimated to generate a total of 1,672 person-years of employment both within and outside the timber supply area. Of this total, 669 person-years are direct forest sector jobs, while 1,003 person-years are generated by activities that supply goods and services to forest companies and their employees.
Approximately $16.8 million in provincial revenues is generated annually by timber harvesting in the Queen Charlotte Timber Supply Area. This figure is based on fees of $7.4 million for harvesting public timber in the area, estimated personal income taxes of $4.8 million, corporate taxes of $3.1 million, plus other tax revenues of $1.5 million. These estimates were developed before the new Forest Renewal Plan was announced and do not include the increased stumpage revenues that will be generated through this plan. While stumpage rates are expected to increase by as much as 80 per cent, it will not be possible to accurately estimate the impact of this change until the new policy has been in place for a period of time. (SEA page 67???)
