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The Metro Vancouver Economy

Our region includes 21 municipalities, one Treaty First Nation and one unincorporated area, each with its own unique physical, demographic and local economic characteristics.

The region has great strengths on which to focus a prosperity initiative. It is recognized globally for its overall livability, and has done especially well in international on attributes such as "tolerance", "presence of amenities" and "quality of place". Business and labour migrate freely across municipal boundaries and the region is home to more than 50% of BC's population and economic activity.

Research on the Metro Vancouver Economy

The Greater Vancouver Board of Trade and Conference Board of Canada released their 2016 Economic Scorecard on May 18, 2016. The scorecard underscores the urgency to implement a more collaborative regional approach to resolving issues affecting the region’s prosperity, like housing, affordability, transit and transportation.

The Metro Vancouver Regional Economy Task Force commissioned a report by UBC professors Tom Hutton and Trevor Barnes– Dynamics of Economic Change in Metro Vancouver: Networked Economies and Globalizing Urban Regions. The paper outlines the economic landscape of our region, and how it has changed over recent decades.

The Business Council of British Columbia released BC 2035: A Vision for Economic Growth and Prosperity in early 2017. The report considers what British Columbia will look like in 2035, and what leaders across sectors can do to bolster our province's competitiveness and ensure shared prosperity. BC2035 is built around four pillars, embodying strategic areas core to our future success: people, education and skills; healthy communities; building a competitive economy; and embracing disruption in the digital economy.