A new study suggests Prince Rupert is proving to be an engine of economic growth across northern BC.
The study finds the port in the city generated more than a billion dollars in economic output for the region’s economy last year.
The study commissioned by the Prince Rupert Port Authority says marine, terminal, rail, truck and logistics activities in the region helped employ more than 3100 people.
It says half of the direct jobs were located in the Prince Rupert area, but hundreds of workers in communities throughout Northern BC were responsible for moving over $35 billion worth of international trade through the Port’s supply chain.
“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,” said Joe Rektor, Interim President and CEO of the Port of Prince Rupert.
The study also provided a 10-year review of the Port’s growth to coincide with the 10th anniversary of intermodal services through Fairview Container Terminal. During the last decade:
- Port employment has grown by more than 1800 jobs
- Annual economic output has increased by more than 260%
- Annual government revenues have more than tripled
The full economic impact study is available online at www.rupertport.com/impact.