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  Market Research     British Columbia: Economy     Information
  Special Opportunities

Occupying almost a million square kilometers, British Columbia is larger than California, Oregon and Washington state combined, or the combined area of France and Germany.

British Columbia has a highly diverse natural environment, population, and economic base. The province’s innovative and skilled workforce, rich natural resources, unrivaled quality of life and gateway location between North America and Asia provide the foundation for almost unlimited economic opportunities.

Take a look at the benefits, then contact Western Headquarters – Your Business Development Task Force.

Foreign Investment

Between 2001 and 2004 companies from outside Canada spent over $17 billion for business expansion, modernization and new facilities in British Columbia. Nokia, Electronic Arts, PeopleSoft, eBay, Intel, BusinessObjects and Toyota are just a few companies that have recently expanded their British Columbia operations. Over 1,500 non-Canadian firms have discovered the pay-off from being here.

First in Canada

 Canada’s lowest personal income tax rates on the first $64,900 of income.

 Canada’s highest job growth rate over the last two years at 8.3 per cent – well ahead of the national rate.

 Best housing growth, with a 21 per cent increase in 2003 – Canada’s largest gain.

 First in small-business confidence across Canada (CFIB Quarterly Business Barometer).

 Top destination in Canada for investor immigrants (B.C. Stats).

 Longest life expectancy in Canada.

 Canada’s most temperate climate.

 North America’s 3rd largest film and TV production centre.

 Victoria and Vancouver voted No. 1 and No. 2 in Top 10 America's cities (2003 Readers’ Choice Awards, Cond? Naste Traveler).

 Vancouver ranked No. 1 in the liveability survey of 130 cities worldwide (Economist Intelligence Unit, 2004).

 Locating to B.C. can save businesses up to 30 per cent of annual costs and taxes over US locations (KPMG, 2004).

 Whistler-Blackcomb ranked No. 1 ski resort in North America for the sixth straight year (Skiing Magazine).

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