Economy
The chief source of employment in Port Alberni is the forest industry. The Alberni Valley's forests consist primarily of Douglas Fir, Hemlock, Yellow Cedar and Western Red Cedar. Most of the old growth forests have been logged with current logging coming from second growth forests. A large paper mill, Catalyst Paper, Port Alberni Division sits on the edge of the Alberni Inlet. There is also a lumber mill, Alberni Pacific Division, that also sits on the inlet. Several smaller sawmills exist throughout the valley. Some farming is also practised on the Alberni Valley's red clay soils.
Forestry is still practised, but over the years the forest industry discontinued selling the trees to local mills, leading to a major economic recession, and decrease in the population. The recession is being stopped with attempts to shift the focus onto tourism.
Port Alberni also serves as a hub for those travelling to the West Coast of Vancouver Island, including Ucluelet, Tofino and Pacific Rim National Park. As commodities tend to be much pricier in these remote areas, campers and travellers often do their shopping in Port Alberni before continuing their journey. This has resulted in development along the Johnston Road (Highway 4) corridor, including several big box retailers, grocery stores and strip mall developments. From 2003 to 2008, several eco-tourism companies have set up shop in the Alberni Valley, taking advantage of the city's location on the fringe of wilderness yet proximate location to Vancouver and Victoria.
Read more about this topic: Port Alberni
Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (18121870)
“The aim of the laborer should be, not to get his living, to get a good job, but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (18171862)