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Crown Land: Indicators and Statistics - Ministry of Forests

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Figure 12 Government Resource Revenue by Source, 2000/2001 to 2008/2009<br />

Source: Government <strong>of</strong> BC, Budget 2010.<br />

Revenue from <strong>Crown</strong> l<strong>and</strong> tenure rents, royalties <strong>and</strong><br />

l<strong>and</strong> sales averaged $70 million annually (in 2009<br />

dollars) between 2000/2001 <strong>and</strong> 2008/2009. That<br />

figure represents nearly 2% <strong>of</strong> the $3.9 billion in<br />

total revenues generated from the natural resource<br />

revenue category over this same period.<br />

Discussion<br />

Natural resources are an important part <strong>of</strong> the<br />

provincial economy <strong>and</strong> support employment <strong>and</strong><br />

prosperity in many regions <strong>of</strong> the province. Natural<br />

resource revenues contribute, on average, 13% to<br />

provincial government revenues, which makes natural<br />

resource revenues the third largest contributor. The<br />

top two contributors to government revenues are<br />

taxation revenue at 55%, <strong>and</strong> transfers from the<br />

federal government at 15%.<br />

Resource rents, royalties, or similar charges are paid<br />

to the province for the use <strong>of</strong> <strong>Crown</strong>-owned l<strong>and</strong><br />

<strong>and</strong> resources. A number <strong>of</strong> different regulatory <strong>and</strong><br />

pricing structures are administered by the province to<br />

ensure that British Columbians receive an appropriate<br />

rate <strong>of</strong> return for the use <strong>of</strong> l<strong>and</strong> <strong>and</strong> resources.<br />

Examples <strong>of</strong> natural resource charges levied by the<br />

provincial government include: mineral taxes, natural<br />

gas royalties, water licence fees, <strong>Crown</strong> l<strong>and</strong> rents,<br />

quarrying royalties <strong>and</strong> forestry stumpage fees.<br />

Since 2001, forestry’s per annum contribution to<br />

natural resource revenue has decreased, from $1.3<br />

billion (29%) to $540 million (14%). Over the same<br />

period, per annum petroleum, natural gas <strong>and</strong><br />

<strong>Ministry</strong> <strong>of</strong><br />

<strong>Forests</strong>, <strong>L<strong>and</strong></strong>s <strong>and</strong><br />

Natural Resource Operations<br />

53

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