Resource Industry

Forestry and mining, the two resource-extraction industries which fuelled BC’s rise to prosperity, remain a crucial component of the regional economy, employing over 4 percent of the local workforce. These industries represent a sound foundation for economic diversification and provide a springboard for value added resource-based service manufacturing industries.

The long-term prospects for the industry is one of cautious optimism, with increased opportunities in expanding new markets, value-added wood products and continued improvement in production facilities. Increased demand and new employment opportunities are expected in silviculture and replanting as well as in new forest related restoration work.

Questions? Contact Penticton Economic Development

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