Port is major economic driver in Prince Rupert: study

By Nelson Bennett
Business in Vancouver
December 12, 2017
Category: Business & Politics
Region: Canada, Canada West

Compared with the Port of Vancouver, the Port of Prince Rupert is small in terms of cargo volume. But for the Prince Rupert region, it is a disproportionately large economic engine, generating one out of every four jobs in the region. According to a new InterVistas Consulting economic impact study, $35 billion worth of goods flowed in and out of the port’s terminals in 2016, generating $1 billion in economic activity, about one-quarter of which was wages. In 2016, the port and related activities in trucking, rail and logistics directly employed 3,100 people – more than double the 1,300 in 2009.. …Container traffic accounts for about 39% of the value of all goods moving through the five terminals. About 33% of the container traffic is for lumber and other wood products, 31% is for grain, 13% for pulp and paper and 5% for agricultural products.

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