Alberta Forest Products Association Economic Impact Report 2024

Alberta Forest Products Association
November 19, 2024
Category: Business & Politics
Region: Canada, Canada West

Forestry and forest products provide a serious economic impact for our province. In addition to that, there’s the positive environmental impacts of proper forest management, the good jobs created for Alberta families, and the investment into the communities supported by the forestry and forest products industries. A recent study by PricewaterhouseCoopers (PwC) highlights that, over the course of one year, Alberta’s forestry industry generated over $14.1 billion in economic activity as well as $2.8 billion in labour income in the province. The total impact figures found in this summary include the sum of direct, indirect and induced economic impacts on Alberta’s economic regions, as well as Alberta and Canada as a whole. Some 30,500 Albertans rely on the forestry industry for their livelihoods. These include workers in small- and mediumsized businesses, repair shops, restaurants, local hardware suppliers, environmental consultants, service providers, and more. 

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