Economic Impact

Economic Impact

Forestry isn’t just an industry.

It's neighbors, it's livelihoods, it's continuity. 

Forestry supports families, economies, and communities across the regions where we work. From urban centres to rural villages, forestry is one of the most stable sources of work—jobs that don't just appear and disappear. They stay. Generation after generation. 

The benefits show up in paychecks, in tax revenue that funds public services, and in the small businesses that depend on a stable forest economy. 

Forestry matters here. It always has.

Economic Impact Report 

An Economic Spotlight on New Brunswick 

A recent economic study found that the forest products sector is the most important industry in New Brunswick. The numbers tell the story:

  • 26,000 jobs
  • 1,285 firms located in 70% of communities
  • $1.9 billion in local wages
  • Nearly $1 billion in government tax revenues  

And it’s all built on the region’s most renewable resource.  Trees are replanted and regrown for future generations.  

This isn't just an industry. 

Its neighbors, its livelihoods, its continuity.

A call for balance

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Forests that Work for New Brunswick

  • 26,000

    Local Jobs

    Forestry supports 1 in 17 New Brunswickers. That's more than 26,000 jobs across the province. (13,600 direct jobs + 12,400 indirect/induced jobs)

  • $1.9B

    In Paychecks

    With 1,285 firms operating in the sector, it provides $1.9 billion in local wages. Work that supports families and communities in virtually every corner of the province. 

  • $980M

    In Taxes

    The forest products sector generated nearly $1 billion in tax and royalty revenue —revenue that helps fund the services we all rely on.

Forest Products: New Brunswick’s Most Important Industry 

An economic impact assessment 

DOWNLOAD REPORT

Forests are New Brunswick's most renewable resource and its largest economic engine.

26,000 jobs.

26,000 jobs.

1 in every 17 New Brunswickers work in the forest sector— good-paying work in communities large and small.
$3.8 billion in GDP.

$3.8 billion in GDP.

No other export-focused industry contributes more to the New Brunswick economy – keeping NB strong, year after year.
$980 million in taxes.

$980 million in taxes.

Nearly one billion in taxes helping fund schools, roads, healthcare, and more – services we all rely on.
$3.7 billion in exports.

$3.7 billion in exports.

‘Made in New Brunswick’ forest products are NB’s #1 export. That brings money into our province and supports jobs.
1,285 firms.

1,285 firms.

Forest-related firms are in 70% of our communities. This means jobs and opportunity in every corner of the province.
$1.9 billion in paychecks.

$1.9 billion in paychecks.

It’s more than wages – it’s an economic engine that helps keep storefronts open and communities thriving.
David Campbell

“Every part of New Brunswick, from the largest cities to the smallest hamlets are positively impacted by the forest products industry in New Brunswick.”

David Campbell Economist