tag:blogger.com,1999:blog-31427364.post699961627191108289..comments2024-03-26T03:52:23.395-07:00Comments on Housing Analysis: Forestry Sector Newsmohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-31427364.post-14781689851747375892008-02-12T06:52:00.000-08:002008-02-12T06:52:00.000-08:00mohican; Another aspect of the entire forest indus...mohican; Another aspect of the entire forest industry including pulp and paper is our elecrical grid which BC Hydro has developed throughout the province. The major part of this grid is likely paid for by the forest industry, and mining. I would suspect residential and head office consumption in downtown Vancouver would not even pay 10% of the operations and maintenance of the grid. If our forest industry doesn't recover I could seehuge increases in electrical generation power. In addition a slow down in demand from th US could result in a double whammy. I'll snoop around and see if there is any stats on this.Stratamanhttps://www.blogger.com/profile/17562001878583509939noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-47588347080412234132008-02-12T05:57:00.000-08:002008-02-12T05:57:00.000-08:00http://www.bcstats.gov.bc.ca/data/bus_stat/busind/...http://www.bcstats.gov.bc.ca/data/bus_stat/busind/hi_tech.aspStratamanhttps://www.blogger.com/profile/17562001878583509939noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-21467559145941528782008-02-12T05:55:00.000-08:002008-02-12T05:55:00.000-08:00http://tinyurl.com/2qaom7The full report is here a...http://tinyurl.com/2qaom7<BR/>The full report is here an Adobe download. Good stats gabriel. I too would love to know who and what industries/clients high tech is servicing.Stratamanhttps://www.blogger.com/profile/17562001878583509939noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-29111780093654274352008-02-11T21:22:00.000-08:002008-02-11T21:22:00.000-08:00Ok folks, you can quit worrying.B.C. on a roll, cr...Ok folks, you can quit worrying.<BR/><BR/><A HREF="http://www.globeinvestor.com/servlet/story/RTGAM.20080211.wbcbc0211/GIStory" REL="nofollow">B.C. on a roll, credit union group predicts</A><BR/><BR/>Now go out and buy a condo NOW!patriotzhttps://www.blogger.com/profile/11154064267408955762noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-69410148136527337172008-02-11T21:05:00.000-08:002008-02-11T21:05:00.000-08:00I don't really know, but if you're talking about m...I don't really know, but if you're talking about miners we have a slew of head offices in Vancouver. Thou none of them actually operate many mines in BC.<BR/><BR/>I'd like to know the effect forestry jobs has directly on Vancouver as well. Most of the personal income generated in that sector stays outside of Vancouver, since most jobs would be out in the sticks.Gabrielhttps://www.blogger.com/profile/02110168476086184327noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-43925488918535292302008-02-11T19:41:00.000-08:002008-02-11T19:41:00.000-08:00Wood Product manufacturing employs 43,600 people a...Wood Product manufacturing employs 43,600 people across BC<BR/>gabriel my question how many high tech consultants / subcontractors would you hazard to guess would this industry employ? I would suggest they indirectly employ high tech personnel to the number of 5000 + when you include the high number of electro mechanical consultants used to maintain, program and install or upgrade facilities.Stratamanhttps://www.blogger.com/profile/17562001878583509939noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-74705702823296849342008-02-11T19:27:00.000-08:002008-02-11T19:27:00.000-08:00"Of those who are at work in BC’s high tech sector..."Of those who are at work in BC’s high tech sector, approximately<BR/>four out of every five are employed in a service industry" Taken out of the report by --Gabriel--. This means they are not base industry jobs but rather ones that service other industries (They are not Microsoft types producing high tech which is only one out of five according to the same report). That would mean a large number would be employed in or servicing as sub-contractors the forest industry, mining and petroleum/natural gas, banks and communications firms (Telus), utilities (BC Hydro). Due to the fairly recent collapse of the base industries where these people are employed either directly or as subcontractors, I would suspect we will see a rapiud decline in this employment statistic. The base industries are just now feeling the fallout of the US reccession, thousands of high tech contracts will be cancelled in the following months,resulting in the typical lag effecting the overall competitive nature of the high tech business.Stratamanhttps://www.blogger.com/profile/17562001878583509939noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-29242962015802243442008-02-11T16:26:00.000-08:002008-02-11T16:26:00.000-08:00"In 2006, high tech experienced its best year ever...<I>"In 2006, high tech experienced its best year ever."</I><BR/><BR/>Yeah. Just remember hi tech is close to the most cyclical industry around. Tech certainly contributes to jobs but I'm not as confident the fruits of hi tech labour are claimed in BC. Hi tech is not very capital intensive so spinoff employment is generally less. <BR/><BR/>You're right hi tech contributes significantly to GDP, around 7%. Forestry is (er... was) twice that at 15% but employs 4 times as many people. The impact to family finances in aggregate will be more significant in the forestry sector.jessehttps://www.blogger.com/profile/02155122147972263497noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-85639369427036504302008-02-11T14:58:00.000-08:002008-02-11T14:58:00.000-08:00The lack of credential requirements in the softwar...The lack of credential requirements in the software industry doesn’t seem to have hurt it. At 74,590 folks, the province’s high-tech sector employs more people than forestry, mining, and oil and gas combined, according to a September 2007 report prepared by B.C. Stats for the ministries of economic development and advanced education. In 2006, high tech experienced its best year ever. Its economic output jumped 5.3 percent to more than $9.4 billion, the highest ever. The industry even managed to beat B.C. average wages by almost 50 percent.<BR/><BR/>http://www.straight.com/article-130216/<BR/><BR/>(edited link)Gabrielhttps://www.blogger.com/profile/02110168476086184327noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-91649929261981195972008-02-11T14:56:00.000-08:002008-02-11T14:56:00.000-08:00This comment has been removed by the author.Gabrielhttps://www.blogger.com/profile/02110168476086184327noreply@blogger.com