Editorial: B.C. economy about more than just LNG

I remember hearing as a child that you shouldn’t put all your eggs in one basket and yet that is what the BC government is doing especially when they don’t adequately fund public education. This could destroy our economy now and in the future. Click here to read the full article or an excerpt below.

 

Cast and crew at work on Vancouver’s Georgia Viaduct, on the set of the movie Deadpool in April of last year. Metro’s motion picture industry employs three people, as do the performing arts and publishing trade, for every single oil and gas worker.

Cast and crew at work on Vancouver’s Georgia Viaduct, on the set of the movie Deadpool in April of last year. Metro’s motion picture industry employs three people, as do the performing arts and publishing trade, for every single oil and gas worker. JONATHAN HAYWARD /THE CANADIAN PRESS FILES

… B.C.’s oil and gas sector employs less than one per cent of the province’s labour force. It contributes less than five per cent to annual GDP. …

1 oil and gas worker =

3 people in the motion picture indutry,
3 in the performing arts, and
3 in the publishing trade;

or

4 in agriculture, and
4 in forestry;

or

17 high-technology workers,  and
25 tourism workers.

1% of oil & gas workers =
36% of professional, scientific and technical workers in BC, or
40% construction workers,
50% retail workers, or
98% small businesses.

 So, might we urge a little more enthusiasm for developing other sectors of the economy — including that of Metro Vancouver — and that attention be focused on the commerce that drives B.C.’s economy now, in real time?

 

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