Economic Impact Study - Complete Document
The BC Food Processors Association (BCFPA) has released this report highlighting the significant financial impact that food and beverage processors provide to BC’s economy. The report - carried out by MNP - provides an economic impact assessment as well as an analysis of the strengths, weaknesses, opportunities and threats to the BC food and beverage processing industry. Processing revenues total over $8.5 billion - over 70% of the entire Agrifoods sector, including the Agriculture and Seafood sectors. The top three industry strengths identified are access to markets (domestic, US, Asia and others), access to transportation infrastructure (road, rail, marine and air) and access to a wealth of agriculture commodities and suppliers. BC has one of the most diverse Agrifood industries in Canada, producing more than 200 agricultural commodities and 100 seafood species. This serves to provide diversity for BC’s processing industry.
See the documents below for the full report and fact sheet.