To the casual observer, the recent blockade of the Swartz Bay ferry terminal by anti-pipeline protesters gives the impression that most British Columbians are dead set against resource development projects. But is that really the case?
While the majority of British Columbians think the resource sector has a bright future, residents believe progress is hampered by well-publicized protest campaigns, excessive government regulations, concerns about climate change, high labour costs and insufficient government incentives to attract investment.
B.C.’s forest industry, which has long been the economic cornerstone of the province, is undergoing severe economic challenges. One of the major issues facing forestry is the under-harvest of the Allowable Annual Cut in coastal regions of B.C. due to the high cost and difficulty of timber extraction in the area.
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Source: globeandmail - 🏆 5. / 92 Read more »