Saskatchewan’s Forestry Products Sales Hit New All-Time High in 2021

Saskatchewan’s forest sector hit an all-time record high of $1.8 billion in forestry product sales in 2021, up 60% from 2020, according to a press release from the provincial government.

The forest industry has been rapidly expanding in the province. In 2021, the government of Saskatchewan announced timber allocations worth nearly $1 billion in capital investments that will see over 2,600 new jobs created. The projects include construction of an OSB mill in Prince Albert, the expansion of Dunkley Lumber’s Carrot River sawmill, upgrades at the Big River sawmill, and the reopening of the Prince Albert pulp mill.

Saskatchewan’s Energy and Resources Minister Bronwyn Eyre said that “These record numbers are more great news for Saskatchewan’s economy and show we’re fully on track to achieve our goals of doubling forestry sector growth by 2030 and substantially increasing the value of our exports. Forestry is currently the largest sector in our province’s north, supports nearly 8,000 jobs and relies heavily on Indigenous workers and businesses.”