Port of Prince Rupert $1 Billion Economic Impact

Northern British Columbia enjoyed a C $1 billion in Economic impact in 2016 stemming from activities tied to the Port of Prince Rupert, one of the leading competitors to California ports, according to a study administered by the port authority.

More than 3,100 people’s employment was directly supported by regional port activities, with associated earnings surpassing C $260 million, with an average annual wage equating to over C $80,000.

A 10 year review of the port’s progress of intermodal services was also a part of the study, finding that employment at the port grew by more than 1,800 jobs, with an annual economic output increase of 260 percent, and annual government revenues tripling.

“The Port of Prince Rupert’s success is built on the hard work of the women and men that contribute to safely moving cargo through the Gateway every day,” mentioned Joe Rektor, interim president and CEO of the port. “We’re proud of the economic contribution we’ve been able to make over the past decade. We know we need to keep working hard to stay competitive and sustain that into the future.”

 

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