On the provincial level, the direct and indirect employment loss resulting from the base case timber supply forecast is projected to be 234 person-years in the first decade. Over the long term, as the timber supply further declines to the projected long-term level, a total of 865 person-years of direct and indirect employment may be lost. (SEA page 63)
The majority of the lost employment from timber supply reductions would be experienced off the Islands as many of the employees engaged in harvesting activities commute from south coast communities. As well, the majority of the timber processing occurs in the lower mainland and Vancouver Island.
Provincial government revenues, including stumpage and taxes, attributable to the harvest within this timber supply area are currently estimated to be $16.8 million. These revenues are projected to decline by $2 million per decade for the first two decades, reaching $8.1 million annually when the long-term timber supply is reached 180 years from now. As discussed earlier, these estimates do not include expected increases in stumpage revenues from the recently announced Forest Renewal Plan.
