Economic
Impact
Salmon farming supports 7,000 jobs in coastal
communities and contributes about $1.5 billion
to the provincial economy annually.
Economic impact
Local Benefits
Fish farming includes growing fish at hatcheries on-land, in the ocean, as well as processing harvested fish at several locations in the province. Though BC products are sold around the world, many benefits are realized locally.
Aquaculture has the most positive growth forecast in the Canadian agriculture sector and is expected to increase 4.2% per year – increasing the benefits to the province and to those of us who live here.
Local Benefits
Fish farming includes growing fish at hatcheries on-land, in the ocean, as well as processing harvested fish at several locations in the province. Though BC products are sold around the world, many benefits are realized locally.
Aquaculture has the most positive growth forecast in the Canadian agriculture sector and is expected to increase 4.2% per year – increasing the benefits to the province and to those of us who live here.
Employment
A key component of sustainability is the protection of wild salmon stocks. Science completed over the past 30 years tells us that responsibly farmed salmon and wild salmon can co-exist in the ocean. Through the collaborative Marine Environment Research Program (see details in the R&D section) BC salmon farmers have invested significant resources to better understand wild salmon populations and the marine environment.
There are approximately 7,000 total full-time equivalent (FTE) positions supported by the BC salmon farming industry, including direct employment (directly related to the production of farmed fish), indirect employment (related to the supply of goods and services) or induced employment effects (when the direct and indirect generated incomes are spent and re-spent in the broader economy). Employment is typically year-round and includes numerous benefits including a salary of approximately 30% more than the median employment income in the province.
Aquaculture has the youngest workforce of any agriculture sector in Canada. Young people are attracted to salmon farming as a stable career with good paying jobs and opportunities for advancement.
Employment
A key component of sustainability is the protection of wild salmon stocks. Science completed over the past 30 years tells us that responsibly farmed salmon and wild salmon can co-exist in the ocean. Through the collaborative Marine Environment Research Program (see details in the R&D section) BC salmon farmers have invested significant resources to better understand wild salmon populations and the marine environment.
There are approximately 7,000 total full-time equivalent (FTE) positions supported by the BC salmon farming industry, including direct employment (directly related to the production of farmed fish), indirect employment (related to the supply of goods and services) or induced employment effects (when the direct and indirect generated incomes are spent and re-spent in the broader economy). Employment is typically year-round and includes numerous benefits including a salary of approximately 30% more than the median employment income in the province.
Aquaculture has the youngest workforce of any agriculture sector in Canada. Young people are attracted to salmon farming as a stable career with good paying jobs and opportunities for advancement.