WILD FISH ECONOMY
Sector contribution to GDP in millions
Commercial and sport fishing, both of which depend on thriving wild salmon populations, contribute the majority to the total GDP (64.1%).
In stark comparison, this pie chart reveals that aquaculture contributes only 9.3% to the total GDP. Of this, salmon farming is responsible for 94% of the GDP contribution. Therefore, by taking 94% of aquaculture’s contribution to GDP, you can work out the contribution of salmon farming to GDP: $58.2M.
As a percentage, salmon farms contribute only 8.7% of the total contribution to GDP.
By comparing the sectors within the wild fish economy to salmon farming, it becomes clear that salmon farming contributes relatively little to our GDP.
Compared to salmon farms, commercial fishing contributes almost double to the total GDP.Sport fishing contributes nearly six times more than salmon farms.
Therefore, commercial and sport fishing contribute 7.4 times more to the economy than salmon farming. It is vital to note that this figure is conservative. It does not take into account the wild fish used within the processing sector which is higher than that of farmed fish.
These figures do not consider BC’s tourism industry which contributed a whopping $6.5 billion dollars to GDP in 2012, and is largely dependent on the survival of wild salmon.
Many people are unaware that salmon are responsible for BC’s old growth forests. Up to 80% of the nitrogen in the trees of BC’s coastal rainforest comes from salmon carcasses, dragged from streams by bears, wolves, and eagles alike, all of whom rely on annual salmon runs for their own survival.
Supernatural British Columbia would not be a world-class destination without wild salmon. They are the backbone of the coast.
Data obtained from British Columbia Fisheries and Aquaculture Sector, 2012 Edition, by BC Stats.