BCBusiness

October 2024 – Return of the Jedi?

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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14 INVEST in BC 2 0 2 4 Official Publication of the BC Economic Development Association in special partnership with BCBusiness. F or most of its history, Canada developed on the backs of primary industries. And in the lesser populated parts of the country, trapping for furs, farming, fishing, forestry and mining are still important components of the economy. But as the country has grown, those natural resources no longer seem as abundant as they once did. There is still abundant opportunity to add value to traditional extractive industries, however, as countless ventures are finding. The economic activity generated by those sectors is often underestimated. "The manufacturing sector is closely tied to the primary industries," says David Munro, manufacturing consortium manager for the western provinces with Excellence in Manufacturing Consortium (EMC). "In most cases primary industries are considered manufacturers. For example, primary sectors like mining, forestry and farming remove, grow or harvest products and convert them to raw materials, which is manufacturing. These materials are then used in more traditional manufacturing operations. "A more specific example is a mining Often mistakenly characterized as a throwback, primary industries play a vital role in fostering manufacturing in B.C. BY JOANNE PETERS ISTOCK/PHYNART STUDIO FROM PRIMARY TO MANUFACTURING

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