Economic Contribution of the Oceans Sector in British Columbia Prepared for: Canada/British Columbia Oceans Coordinating Committee Prepared by: GSGislason & Associates Ltd. Vancouver, B.C. In Association with: Ellen F. Battle Consulting Inc., Victoria, B.C. Edna Lam Consulting, Vancouver, B.C. Pierce Lefebvre Consulting, Vancouver, B.C. APRIL 2007 [...]... the Prince Rupert and surrounding area hh Vancouver Island - all of Vancouver Island plus the very sparsely populated Mainland along the east side of Johnstone Strait hh Lower Mainland - the Sunshine Coast south of the Powell River area plus Greater Vancouver and the Fraser Valley hh other - the remainder of the Province i.e., the Interior The estimation of the economic contribution of the oceans sector, ... ocean sector 2 Economic Contribution of the Oceans Sector in British Columbia MAP of B.C Coastline Economic Contribution of the Oceans Sector in British Columbia An additional task is to illustrate the economic potential of some other ocean sectors, in particular offshore oil and gas development and offshore wind power generation The study does not encompass some key areas of valuation, specifically... Contribution of the Oceans Sector in British Columbia 1 1.0 Introduction The ocean environment of British Columbia includes some 29,000 km of coastline, 6,500 islands, and 450,000 sq km of internal and offshore waters The ocean is integral not just to the economy, but also to our culture, way of life, and collective identity as well as to the natural ecosystems of which we are a part The influence of the Pacific... discussions with practitioners in other jurisdictions suggest that nominal dollar impacts are more useful and more transparent than constant dollar impacts 4 Economic Contribution of the Oceans Sector in British Columbia Economic Contribution of the Oceans Sector in British Columbia 5 2.0 Approach & Methodology Our methodology for assessing the economic dimensions of the ocean sector in Canada draws on “lessons... Study, 2004 11 12 Economic Contribution of the Oceans Sector in British Columbia At one time the B.C seafood sector was dominated by wild (capture) salmon and herring sectors - but their importance has declined over the past 20 years In contrast, there has been an increase in the contribution of wild shellfish and groundfish fisheries, and a substantial growth of the aquaculture (farm) sector, especially... analysis of the marine component of the forest industry, where the forest industry is defined as logging plus manufacturing of wood products and pulp & paper Information for other industrial sectors are not readily available We did contact the Aggregate Producers Association of B.C as to the marine component of sand & gravel mining They indicated that almost no material is directly extracted from the ocean... Shipbuilders (the latter two are in North Vancouver) Economic Impacts The direct and spinoff economic impacts of the marine component of the forest industry are given in Table 4 The Gross Output and GDP estimates includes the $3 million paid annually by forest companies for log boom tenures (payments comprise part of the indirect tax component of GDP) The estimates do not include the ocean contribution of large... instantaneous, marginal changes equal average changes, any changes in output results in proportional changes in capital, labour and intermediate inputs etc 10 Economic Contribution of the Oceans Sector in British Columbia 3.0 The B.C Ocean Economy - Private Sectors There are many businesses and business activities that are dependent on the ocean environment These business sectors include: 1) resource... sector involves a considerable amount of professional judgement - and approaches can and should vary across jurisdictions depending on the importance of each sector, data availability and other factors A May 2002 workshop sponsored by DFO suggested that there was no standard methodology for measuring the economic contribution of the ocean sector 6 Economic Contribution of the Oceans Sector in British Columbia. .. expenditures include Canadian Coast Guard 2 GDP is GDP at Factor Cost, PYs is person-years, $ are nominal 3 The Atlantic - Pacific split of national totals for government sectors is estimated Economic Contribution of the Oceans Sector in British Columbia 2.2 Principles for Analysis Our investigations suggest five general principles for measuring the economic contribution of the ocean sector: hh Principle . dollar impacts. Economic Contribution of the Oceans Sector in British Columbia4 Economic Contribution of the Oceans Sector in British Columbia 5 2.0 Approach. measuring the economic contribution of the ocean sector. Economic Contribution of the Oceans Sector in British Columbia6 Table 1: RASCL Estimates of Ocean Contribution