B.C.’s export troubles began well before the recent U.S. tariffs

By Jock Finlayson and Ken Peacock
Business in Vancouver
September 25, 2026
Category: Finance & Economics
Region: Canada, Canada West

Much of the current discussion about BC exports understandably focuses on tariffs and the evolving trade relationship with the US. …A complete picture of what the province sells to earn its way in the world must include services. They generate roughly 40% of the province’s international export earnings. …The shift toward services has been underway for decades, supported by steady growth in gateway transportation and the rapid expansion in technology and professional services. …BC’s export mix has become more diversified partly because services have performed well, but also because merchandise exports have struggled. …The largest contributor to the decline in BC’s real merchandise exports is softwood lumber and other forestry-related exports, which have plunged since 2017. That decline reflects a shrinking timber harvest mainly attributable to provincial policy changes, a dwindling fibre supply, rising costs and other pressures that have reduced the competitiveness of the B.C. forest sector.

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