JANUARY 2018 ECONOMIC REPORT ON NORTHERN B.C. HIGHLIGHTING REGIONAL AND INDUSTRY TRENDS NORTHERNDEVELOPMENT.BC.CA/STATE-OF-THE-NORTH

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1 State North REPORT JANUARY 218 ECONOMIC REPORT ON NORTHERN B.C. HIGHLIGHTING REGIONAL AND INDUSTRY TRENDS NORTHERNDEVELOPMENT.BC.CA/STATE-OF-THE-NORTH

2 Unemployment Rate by Region 216 Lower Minland - Southwest Vancouver Island and Coast North Central Cariboo North Coast and Nechako Thompson - Okanagan Kootenay 7.7% 9.7% 6.5% 7.4% 7.8% Northern B.C. Avg: 7.8% Southern B.C. Avg: 6.8% 7.7% 8.% Northeast 5.8% 5.5% Source: Statistics Canada, Labour Force Survey CANSIM Table and Table

3 Northern B.C. Building Permit Values - by Type ($ thousands) $4, $35, $3, $25, $2, $15, $1, $5, $ Residential Industrial Commercial Institutional and Government Five year average ( ) (Source: Statistics Canada, Produced by BC Stats (

4 Housing Starts By Region Northeast North Central Cariboo-Chilcotin/Lillooet Northwest (Source: Canada Mortgage and Housing Corporation)

5 Number of Farms by Region (216) Northeast consolidation of operations. Livestock Crops Total ,359 Northwest North Central Cariboo-Chilcotin/Lillooet Total ,899 1, ,633 (Source: Statistics Canada, CANSIM Table 4-2) Northern B.C. produces more than 8 percent of the total grain and oilseed in the province.

6 Average Area 2 Southern Haida Gwaii 7 Northern BC Total Finfish Licenses 8 Shellfish Licenses 15 Area 4 Chatham Sound, Porcher island 4 Gwaii Haanas National Marine Conservation Area Source: Department of Fisheries and Oceans, February 2, 217) Area 6 Princess Royal Island 2 Area 1 Cranstown Point, Table Island 3 Area 7 Prince Island, Hunter Island 6 Note: all other Fisheries Management Areas in northern B.C. have zero finfish and shellfish licenses Area 11 Cape Caution, Westcott Point 1 3% 7% Finfish Farm-gate value of the province s licences Shellfish Farm-gate value of the province s licences

7 Forestry Harvest Volumes by Region (cubic metres) 2,, 18,, 16,, 14,, 12,, 1,, 8,, 6,, 4,, 2,, Central Coast and Haida Gwaii Omenica Natural Resource Region Northeast Natural Resource Region Skeena Natural Resource Region Cariboo Natural Resource Region (Source: Ministry of Forests, Lands and Natural Resources Harvest Billing System) Log and Wood Pellet Cargo Volumes Through Port of Prince Rupert (metric tonnes)

8 Central Coast and Haida Gwaii Omenica Natural Resource Region Northeast Natural Resource Region Skeena Natural Resource Region Cariboo Natural Resource Region (Source: Ministry of Forests, Lands and Natural Resources Harvest Billing System) Log and Wood Pellet Cargo Volumes Through Port of Prince Rupert (metric tonnes) ,618 1,17 511, , ,257 51, ,27 417,12 351, , , ,9 689,73 834,75 773,58 7,914 Lumber, Pulp and paper, etc. Containerized Shipments Logs Wood Pellets 211 (Source: Prince Rupert Port Authority) 31

9 Overnight Visitors by Market 2% 3% 3% 1% British Columbia Alberta Other Canada 1% United States 73% Germany and Switzerland Other International (Source: Destination B.C., Northern British Columbia and Cariboo Chilcotin Coast Regional Tourism Profiles) TREND FORECAST

10 B.C. - Share of Employment by Sector Northern B.C. - Share of Employment by Sector 19.8% 3.7% 8.2% 69.3% Service Goods Service Goods (Source: Statistics Canada, Labour Force Survey)

11 State North REPORT JANUARY 218 ECONOMIC REPORT ON NORTHERN B.C. HIGHLIGHTING REGIONAL AND INDUSTRY TRENDS NORTHERNDEVELOPMENT.BC.CA/STATE-OF-THE-NORTH

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