Completion of four megaprojects over the next two years will end thousands of jobs and billions in economic activity.
The completion of four northern B.C. megaprojects, worth a combined $88.6 billion, will mean the end of thousands of jobs and billions of dollars in economic activity in the region.
The megaprojects helped the province, and especially northern B.C., weather the economic downturn of the COVID-19 pandemic, McKay said. The projects didn't just create direct jobs, but have created indirect employment in a wide range of sectors including catering, hospitality, suppliers, skilled trades, engineering firms and many more.
Canfor announced the closure of the pulp line at its Prince George Pulp and Paper Mill on Jan. 11, and its Taylor Pulp Mill has been curtailed since February 2022. Paper Excellence permanently closed its pulp mill in Mackenzie in 2021. Pacific BioEnergy permanently shuttered its wood pellet plant in Prince George in March 2022.
Those communities are "looking down the barrel of significant contraction and job losses," when Coastal GasLink is completed later this year, and thousands of workers pack up the camps and go home, he said.
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MEGABUST: Northern B.C.’s megaproject boom coming to an endCompletion of four megaprojects over the next two years will end thousands of jobs and billions in economic activity.
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