Provincially (including the timber supply area), a total of 5 530 person-years of employment are generated by wood harvested from the Strathcona Timber Supply Area. This includes direct employment in areas such as harvesting, transportation and processing (2 212 person-years), as well as additional employment created by the provision of goods and services to the forest sector and by the spending of its employees (3 318 person-years). This estimate is based on the assumption that each direct person-year of employment creates 1.5 person-years of spin-off employment both within and outside the area. (SEA Section 7)
It is estimated that approximately $52.1 million in provincial government revenues are generated annually by timber harvesting in the Strathcona Timber Supply Area. This figure is based on fees of $23.4 million for harvesting public timber in the area, estimated personal income taxes of $18.9 million, plus other tax revenues of $9.8 million. These estimates were developed before the new Forest Renewal Plan was announced and do not include the increased stumpage revenues that are being generated through this plan. While stumpage revenues 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.
