Nowadays, the service industries dominate Prince George’s economy. Previously, the forestry sector was the dominant one.
The city’s education sector also contributes about $800 million to the local economy every year.
The area is witnessing sawmill closures and the creation of ‘supermills’. More closures are expected to follow, and some see mining exploration and development as the future of Prince George.
The city is a staging centre for mining and prospecting, and a major regional transportation, trade and government hub. Several major retailers are increasing their presence in the Prince George region.