Local Businesses
in British Columbia
British Columbia is the westernmost province of Canada. It is famous for its nature. There are rocky mountains, blue lakes, winding fjords, mountain rivers, and green forests. Of course, this is one of the most beautiful provinces in Canada!
Quick facts
1
British Columbia is a very large province. Its area is larger than that of many countries in the world. For example, it is four times the size of the UK.
2
The economy of British Columbia is mainly based on natural resources.
3
Here are the largest ports in the Pacific region located, which allow active international trade
4
More than 80,000 different species of animals and plants can be found in British Columbia.
Business Development in British Columbia
British Columbia is one of the most attractive provinces in Canada in terms of doing business. Many companies are registered in this province, which in the future will operate throughout the country. According to the Startup Genome Global Startup Ecosystem Report, the launch of 800-1100 startups in Vancouver is the most significant city-based number in any city in Canada. According to this report, Vancouver was ranked 15th among over 50 cities worldwide. This Canadian gem is home to many successful startups such as Hootsuite, Slack and Avigilon. In the past decade, large companies such as Microsoft, Amazon, Facebook and Salesforce have opened offices in Vancouver.
Quick facts
1
British ColumbAccording to the Vancouver Economic Commission, the Vancouver technology industry generates local revenue of 23 billion Canadian dollars (CAD) and a GDP of 15 billion CAD. This accounts for almost 10% of the GDP of the entire province of British Columbia and is ranked 2nd after the real estate industry.
ia is a very large province. Its area is larger than that of many countries in the world. For example, it is four times the size of the UK.
2
The economy of British Columbia is mainly based on natural resources.
Number of employed people in British Columbia & Number of jobs
Vancouver Economy
Vancouver is the most populous city in British Columbia, consistently ranked in the top three most livable places. It is home to only about 600 thousand people. Still, the metropolitan area’s total population is more than 2.5 million, making it the third-most populous in Canada and the largest west of Toronto. The economy of the metropolis is based on finance and services. The port of Vancouver, the most important port on the Pacific coast, is exported more than any other port in North America. as “North Hollywood.” The presence of leading research universities in the region (British The low cost of doing business attracts many film producers, so Vancouver is known Columbia, Victoria, Simon Fraser) has made possible the development of the high-tech industry, including telecommunications and the development of video games. Across the strait from Vancouver itself is the island of the same name, the capital of which bears the proud name of Victoria. Vancouver Island is home to a large number of local businesses.
Vancouver Labor Force Statistics
1
Total Labour Force – 364,675
2
Employment Rate – 63.9%
3
Participation Rate – 67.7%
4
Unemployment Rate – 5.6%
Business Sizes in Vancouver
Business Industries in Vancouver
Fraser Valley – the heart of British Columbia's agricultural sector
‘The Fraser Valley ranks number one in the province’s agricultural economy, generating over $1 billion in gross farm income each year. One in five jobs in the Fraser Valley is related to the agricultural sector. The future looks promising, with demand for BC’s agri-food products on the rise both in local and foreign markets. The Fraser Valley has extraordinary growing conditions for farmers. These conditions allow them to produce over 200 commercial products like cranberries, raspberries, potatoes and corn that are valued both locally and internationally. The Fraser Valley often has cooler and wetter climates than the rest of BC. It’s also home to fertile soils that are great for growing certain fruits and vegetables. Fraser Valley is also a home for other kinds of local businesses that you can find here: https://fraservalleylocal.ca/. ‘
Learn more about local businesses on Vancouver Island. VILocal.ca is one of the largest online resources for finding information and insights on local businesses on Vancouver Island.
Online Directories in British Columbia
https://www.vilocal.ca/
https://www.fraservalleylocal.ca/
https://www.britishcolumbialocal.ca/