NANAIMO REGION ECONOMIC PROFILE
TABLE OF CONTENTS EXECUTIVE SUMMARY..................................................................................................................... 4 ABOUT NEDC
Mandate, Services.................................................................................................................................................. 5
AREA PROFILE
Location, Climate, History.................................................................................................................................... 5
DEMOGRAPHICS 1. Population Trends........................................................................................................................................... 8 2. Age Breakdown, Age Distribution Projections ........................................................................................ 9 3. Migration......................................................................................................................................................... 11
ECONOMIC TRENDS 4. Gross Domestic Product (GDP).................................................................................................................12 5. Inflation Rate.................................................................................................................................................. 13 6. Exchange Rate............................................................................................................................................... 14 7. Development Trends.................................................................................................................................... 15 • Building Permits........................................................................................................................................ 15
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• Housing Starts................................................................. 17 • Major Projects.................................................................20 8. Business Environment........................................................ 21 • Business Composition • Leading Employers 9. Labour Market..................................................................... 27 • Employment by Industry • Employment by Occupation • Workforce Education Attainment • Labour Force Participation Rate • Unemployment Rate 10. Income...................................................................................34 • Per Capita Income • Median Income • Income by Source 11. Real Estate Market..............................................................40 Residential.............................................................................40 • House Prices • Rent and Vacancy Rates Commercial...........................................................................44 • Lease Rates, Vacancy Rates Senior’s Housing.................................................................. 45 12. Tourism Indicators...............................................................46
INFRASTRUCTURE 13. Transportation & Logistics................................................48 14. Taxes and Fees....................................................................54 15. Utilities.................................................................................. 57 16. Telecommunications........................................................... 59 17. Education & Training.......................................................... 62 18. Government & Community Services..............................70 Appendix A.................................................................................. 73 Appendix B.................................................................................. 74 Photo credits: Cinnabar Vista Productions/NEDC
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EXECUTIVE SUMMARY Nestled between the mountains and the ocean, Nanaimo is a 15 minute flight from downtown Vancouver or a 95 minute ferry ride from West Vancouver. The economic hub of Vancouver Island, Nanaimo region is easily accessible by sea or air to the lower mainland and the Pacific Northwest. With its talented workforce, extraordinary beauty, enviable lifestyle, first rate infrastructure Nanaimo region is attracting new business and residents to the area. The region’s climate and quality of life inspires migrants from across the country. The region’s population grew by 5.7% between 2006 and 2011. The Nanaimo Regional District is home to 154,572 (BC Stats) residents and is expected to grow by 30% in the next 25 years. Over half of all new residents come from other provinces in Canada and many include working aged families with young children in addition to empty nesters and pre-retirees. Construction activity is strong and continues to thrive as Nanaimo’s economy experiences residential and commercial growth. More people moving here translates into more demand for local products and services. With close to 5,800 businesses licensed within just the City of Nanaimo, the business community has grown by 23% since 2002. More products and services have brought more variety and strengthening of Nanaimo’s role as a regional service Centre for much of Vancouver Island. Nanaimo’s Trade area is over 388, 937 residents. Its companies are unique and offer their products and services, regionally, nationally and globally. Nanaimo region is home to a well-trained, highly motivated, stable and educated workforce. The proportion of Nanaimo residents who have apprenticeship/trades or certificate/diploma is higher than the provincial average. Helping build the human capital of the future is Vancouver Island University (VIU). Located in Nanaimo, VIU is a leader in contract training for business and industry and is instrumental in producing many of the Island’s most qualified and sought-after recruits. VIU provides training in academic, vocational, and technical fields ranging from basic literacy to Bachelor and Master’s degrees. Nanaimo region is well wired for the information highway. Technology companies love the Harbour City because of its fibre optic networks, and access to high-speed telecommunications. All of this with great waterfront ambience and affordable operating costs. At one third the price of Vancouver and roughly half that of Victoria, business owners and employees are often pleasantly surprised at the cost advantages of doing business and owning real estate in Nanaimo. With a full spectrum of housing options, most with spectacular ocean and mountain views, Nanaimo offers the most bang for your buck in real estate. Knowledge based businesses such as the technology sector, sustainable technology sector (Clean Tech and Green Energy) and specialty manufacturing lead the pack right now as the focus for retention, expansion and attraction for new businesses in Nanaimo. The timing has never been better or more exciting to build your business in Nanaimo. For most recent quarterly statistics visit www.investnanaimo.ca
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NANAIMO ECONOMIC DEVELOPMENT CORPORATION (NEDC) The Mission of the Nanaimo Economic Development Corporation is to build a prosperous community through economic opportunity. NEDC is a catalyst for ideas, a connector to realize opportunities and a story teller to share the region’s Economic and Tourism strengths, attributes and success. Nanaimo Economic Development provides advice on business start-up, growth, and relocation. This supports local business retention and expansion, and assists new businesses to establish in the area and attract talent. Our services include: • Business Investment & Attraction • Business Retention & Expansion • Trade Development • Workforce Development • Research and Information
AREA PROFILE
Map 1: Vancouver Island
Location Nanaimo is located on the east side of Vancouver Island off the southwest coast of British Columbia. Vancouver Island is the largest North American island in the Pacific Ocean. The Vancouver Island/Coast region is the second most populous economic region in the province, accounting for 17.3% of the provincial population, covering 9.1% of the total provincial land mass. With a population base of 789,396 (2015) Vancouver Island varies from small rural communities to modern urban centres like Nanaimo. The island stretches approximately 500 km long and 200 km wide, with 3,440 km of spectacular coastline that ranges from rugged to sand swept. Total area for Vancouver Island region is 84,231.41 sq km. With a landmass of 32,261 km, Vancouver Island is comparable in size to the Netherlands.
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Vancouver Island is divided into six regional districts stretching south to north: The Capital District, Cowichan Valley, Alberni-Clayoquot, Nanaimo, Comox-Strathcona and Mount Waddington. The Regional District of Nanaimo (RDN) is the second most heavily populated part of the island. With 154,572 (2015) residents (19% of Vancouver Island Coast total), it trails only to the Capital Regional District in both total population size and density. The RDN is the smallest regional district in geographic size, with just over 2,000 km2 (2% of the total). Regional District of Nanaimo is the 5th most populated regional district in the province of British Columbia. Nanaimo The City of Nanaimo is the second largest urban centre on Vancouver Island. Nanaimo is located on the east side of Vancouver Island, 23 km (14 miles) west from Vancouver and 113 km (70 miles) north of Victoria, the capital of British Columbia. The City of Nanaimo covers 88.19 square kilometres within the Nanaimo Regional District. The Regional District stretches north to Bowser, south to Cedar and west to Errington, an area of 2041.32 square kilometers. The City of Nanaimo accounts for 4.3% of the total land area of the region, but is home to 58% the population and operates as the region’s economic and employment centre. Map 2: Nanaimo Map
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Climate Nanaimo has moderate climate, with over 1,800 hours of bright sunshine each year. During the summer, the average daily high is 21 C (70 F), and during the winter months daily temperatures normally remain above the freezing level. History Nanaimo was first inhabited thousands of years ago by the Coast Salish natives who named the area “Sne-ney-mous” which means “meeting place”. The Coast Salish nations travelled from villages along the Nanaimo River and False Narrows to build long houses at Departure Bay. Change began with Imperial Spain’s explorers charting these coastal waters in 1791. Control over the area passed to the British Empire in the early 19th century and the first settlers arrived in the early 1800s and set up a trading post, which established Nanaimo as an important hub of commerce. A fort was erected by the Hudson’s Bay Company in 1853 and is now a restored landmark (The Bastion). From 1852 until 1952, Nanaimo was primarily a coal town. Coal-burning ships refueled here and coal was exported in large quantities from numerous mines in the area. By 1941 increased demand for lumber and a declining need for coal brought the area’s thriving forests to the forefront. During it all, Nanaimo continued to develop as a centre for the meeting and movement of products and people -- a gathering place. Over the past three decades, Nanaimo’s economy has diversified from a commodity-based economy that traditionally relied on an abundance of natural resources; i.e. forests and oceans; towards a service-based “knowledge” economy that relies on the skills and innovation of the local workforce. The city is now a regional centre for technology, manufacturing, tourism, retail, healthcare, and government services. Nanaimo continues to be chosen by entrepreneurs, artists and families for its urban energy, unique history, outdoor recreation and lifestyle.
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Demographics Population Growth Trends - Nanaimo* In 2011, Nanaimo’s population was 98,021, representing a 6.1% increase from the 2006 Census. Nanaimo finished above the national growth rate of 5.9%, as well as the average growth among all BC Census Agglomerations (4.2%). Nanaimo’s population for 2015 is estimated at 104, 671 based on BC Statistics. Nanaimo is the most populated municipality outside Saanich, Victoria on Vancouver Island. Based on future population projections, strong growth is expected to continue in the Nanaimo area. In the 2011 Census the median age in Nanaimo was 44.8 years. In comparison, the median age of British Columbia was 41.9 and Canada 40.6. Figure 1: Population Growth Trends – Nanaimo 160,000
Population Growth Trends
140,000
Nanaimo CA
120,000 100,000
138,476
98,021
100,235
101,243
102,809
104,671
Projections 65+ 45-64
80,000
25-44
60,000
15-24
40,000
0-14
20,000 0
2011
2012
2013
2014
2015
2041
Source: Census 2011, BC Statistics P.E.O.P.L.E 2015
Growth is affected by factors such as migration levels, housing costs, work opportunities and the economy in other parts of the country. Between 2015 and 2041, the population of BC is estimated to increase by over 30% to 6.1 million. Nanaimo is expected to grow by 32% to 138,476 residents by 2041. The major driving force for growth in Nanaimo will be migration. Population projections and age breakdown for the Nanaimo Region are detailed in Appendix A.
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THE CITY OF NANAIMO IS THE SECOND LARGEST URBAN CENTRE ON VANCOUVER ISLAND
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*Note: Nanaimo throughout this document refers to Nanaimo CA which includes the City of Nanaimo, Nanaimo Area A, Lantzville, Area C, Nanoose, Nanaimo Town 1 and the Nanaimo River area. The Regional District of Nanaimo The 2011 census population for the Nanaimo Regional District was 146,574, a 5.7% increase over 2006 when the population was 138,631. BC Statistics estimates the Regional District of Nanaimo population for 2015 to be 154,572. The RDN is expected to grow by 30% to 200, 811 residents by 2041. Growth will continue in the region. Population projections and age breakdown for the Regional District of Nanaimo are detailed in Appendix B. Figure 2: Population Growth Trends - Regional District of Nanaimo
250,000
200,811
200,000
Projections 150,000
146,574
148,933
150,057
151,995
154,572
65+ 45-64 25-44 15-24
100,000
0-14 50,000
2011
2012
2013
2014
2015
2041
Source: Census 2011, BC Statistics P.E.O.P.L.E 2015
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Table 1: YOY Population Growth Rate Population Growth Rates
2011
2012
2013
2014
2015
Growth 2011-2015
BC
0.7%
1.0%
0.9%
1.2%
1.2%
4.1%
Nanaimo
-0.6%
2.3%
1.0%
1.5%
1.8%
6.8%
RDN
0.9%
0.1%
0.8%
1.3%
1.3%
5.5%
146,574
148,933
150,057
151,995
154,572
6.8%
Nanaimo population
Source: Census 2011, BC Statistics P.E.O.P.L.E 2015
Nanaimo’s population has grown by an annual average of 1.36 percent since 2011. This is above BC’s annual average growth rate of .82 percent. Components of Growth Population growth is driven by two factors; natural increase and migration. Natural Increase A “natural increase” in population is the difference between the number of births and number of deaths. If there are more births than deaths, the population increases; if deaths exceed births, the population declines.
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According to BC Vital Statistics in recent decades deaths have exceeded births. In 2012 there were 453 births and 504 deaths, resulting in a net natural annual decrease of 51 people in Local Health Area 68. Without migration, Nanaimo’s population would have declined. Migration Migration is the result of newcomers to the area. While migration to the area softened around the 2008 financial crisis, Nanaimo has since been seeing an increase in the number of people moving here from within BC and other Provinces. There are three components to migration: “Intra-provincial migrants” move to the Nanaimo area from within British Columbia. From July 1, 2014 to June 30, 2015, Nanaimo has seen a steady increase in migrants from other parts of British Columbia. Nanaimo had 4,940 people moving here and 4,219 moving elsewhere leading to a net gain of 721 persons. “Inter-provincial migrants” move to the Nanaimo area from other parts of Canada (outside of BC). From July 2014 to June 2015, Nanaimo had 2,733 people moving here and 1,444 moving elsewhere for a net gain of 1,289 persons. The Nanaimo Regional District has been a net importer of migrants, 60% of net migrants originated from other provinces. This trend is similar in BC as the province has been experiencing a net inflow of migrants. For the Province of BC 35% of new migrants were from other parts of Canada. “International immigrants” move to Nanaimo from outside of Canada. Between 2014 to 2015, 120 (approximately 6%) of the newcomers to the area were from other countries. All migration figures below are based on a one- year period between July 1st to June 30th. Figure 3: Origin of newcomers to the Nanaimo Regional District Origin of New Residents RDN 3500 3000 2500 2000 1500 1000 500 0 -500 -1000
2010-11
2011-12
2012-13
2013-14
2014-15
International
-311
185
154
259
120
Other Provinces
495
254
378
1144
1289
Within BC
685
833
767
721
721
Total
869
1272
1299
2124
2130
Source: Statistics Canada
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Migration patterns for British Columbia are detailed below. Migration to British Columbia from other countries has been fluctuating somewhat in the last five years. Migration from other provinces has seen a significant positive shift as BC continues to outperform most of the other provinces in Canada. Nanaimo region continues to capture a larger and larger share of the total provincial migrants. Table 2: Migration Patterns, British Columbia Net International
Year
Net Interprovincial
Total Net Migration
Nanaimo as a share of BC
2010-2011
27,377
3,421
30,798
2.82%
2011-2012
34,549
-2,711
31,838
4.00%
2012-2013
30,521
-1,868
28,653
4.53%
2013-2014
35,537
9,475
45,012
4.72%
2014-2015
22,621
12,413
35,034
6.08%
Source: Statistics Canada
ALTHOUGH NET MIGRATION TO BC HAS FLUCTUATED IN RECENT YEARS, NANAIMO REGION CONTINUES TO CAPTURE LARGER AND LARGER SHARE OF THE TOTAL PROVINCIAL MIGRANTS. Gross Domestic Product1 Gross domestic product (“GDP”) measures the value of final goods and services produced in the economy. Changes in GDP are the standard measure of economic growth. Estimates are derived from provincial measures of GDP using the share of employment by industry in Nanaimo. Nanaimo accounts for approximately 2.0 percent of BC’s GDP. Since 2011, Nanaimo’s GDP has grown by 11 percent to $4.2 billion. In 2015, growth in BC’s GDP was primarily been driven by the service producing sectors including Finance & Insurance, Real Estate, Professional Scientific Technical and Educational services. In the goods producing sector, growth in the Agriculture forestry fishing, Utilities and the Manufacturing sector managed to make up the loss from the Mining, Oil & and Gas sector. Relative to BC, Nanaimo’s GDP has tended to grow at a similar rate. Between 2010 and 2011, declines in real estate employment resulted in Nanaimo’s growth path deviating from BC’s. Subsequently, Nanaimo’s growth rate has been similar to BC’s. 1 GDP is a measure of the value-added associated with market based production. It does not capture non-market production or any activity that takes place in the underground economy. GDP estimates also have a number of weaknesses as a measure of economic welfare and are best used in conjunction with other indicators such as income and employment.
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Figure 4 : Index of GDP Growth (2008=100) 120 115 110 105 100
Nanaimo BC
95 90 2010
2011
2012
2013
2014
2015
Source: BC STATS, NEDC Calculations
Table 3 : Nanaimo GDP 2010
2011
2012
2013
2014
2015
Average 2011-2015
Growth rate - BC GDP
3.1%
2.6%
1.7%
2.6%
3.5%
2.7%
2.6%
Growth rate - Nanaimo GDP
1.1%
0.6%
1.8%
2.3%
3.3%
3.1%
2.2%
$3,775 $3,797 $3,867 $3,955 $4,087 $4,215
$3,984
Nanaimo GDP (millions of 2007 dollars) Nanaimo GDP as share of BC
2.1%
2.0%
2.0%
2.0%
2.0%
2.0%
2.0%
Source: BC STATS, NEDC Calculations
Inflation Inflation measures changes in the overall price level. Inflation tends to rise in periods of strong economic performance and decline when the economy is weak. Low and stable inflation provides a reliable and consistent basis for businesses and individuals to make borrowing decisions. The Bank of Canada’s current inflation target is 2%, as measured by the Consumer Price Index. Inflation in British Columbia tends to be stable, hovering between one to two percent. This is consistent with the Bank of Canada’s inflation targets. Canada, BC, and Victoria’s inflation rate between December 2014 and December 2015 was 1.1% while Vancouver’s inflation rate was at 1.2%. Inflation rates specific to Nanaimo are not available, but those for Victoria provide an indication of the relationship between price levels on Vancouver Island and other parts of the province. Inflation rates on Vancouver Island are similar to those in BC and tend to be slightly below those in Vancouver.
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Figure 5: Inflation rate 3.0%
BC
2.5%
Nanaimo
2.0% 1.5% 1.0% 0.5% 0.0%
1997 1999 2000 2003 2005 2007 2009 2011 2013 2015
-0.5% Source: BC STATS
Table 4: Inflation rate
Â
2011
2012
2013
2014
2015
Five Year Average 2011-2015
BC
2.4%
1.1%
-0.1%
1.0%
1.1%
1.1%
Vancouver
2.3%
1.3%
0.2%
1.1%
1.2%
1.2%
Victoria
2.1%
1.0%
-0.3%
0.9%
1.1%
1.0%
Source: BC STATS
Exchange Rate Exchange rates are determined by supply and demand. A strong Canadian dollar indicates that foreigners are purchasing goods and services from Canada. As the same time a strong CAD means that Canadian exports are relatively more expensive which will have a negative impact on industries producing goods for export. The CAD dollar depreciated relative to the USD in 2015 due mainly to a trade deficit resulting from crude oil prices dropping significantly. The lower CAD is leading to a boost in the Tourism sector. Canadians are taking vacations closer to home and US travel has picked up as a result of US dollar appreciating.
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Figure 6: Exchange rate 1.80
CAD/USD & CAD/EUR
1.60 1.40 1.20 1.00
USD
0.80
EUR
0.60 0.40 0.20 0.00
2006
2008
2010
2012
2014
Source: Bank of Canada
Table 5: Exchange Rate Â
2006
2007
2008
USD
1.1341
1.0748
1.066
EUR
1.4237
1.4691
1.5603
2009
2010
2011
1.142
1.0299
0.9891
1.5855
1.3661
1.3767
2012
2013
2014
2015
0.999
1.0299
1.1044
1.2787
1.285
1.3681
1.4671
1.4182
Source: Bank of Canada
Building Permits Total building permit values are a measure of construction and changes in building permits are often one of the first indications of changes in the surrounding economic conditions. After a period of sustained expansion, declines in building permits may indicate the expansion is ending while growth in building permits after a contraction may indicate the economy is improving. The value of building permits in Nanaimo grew at a faster pace than in BC over the last decade. After steep declines between 2008 and 2009, building permit values have since picked up in Nanaimo and BC. Although overall trends are similar, Nanaimo’s growth rates fluctuate considerably more than the province.
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Figure 7: Index of Building Permit Values (Index 2002=100)
400
THE VALUE OF BUILDING PERMITS IN NANAIMO GREW AT A FASTER PACE THAN IN BC OVER THE LAST DECADE
350
Index (2002=100)
300 250 200 150 100
Nanaimo (City) BC
50 0
2001
2003
2005
2007
2009
2011
2013
2015
Source: Statistics Canada
Table 6: Total Building Permit Values ($ millions) Total Building Permit Values ($ Millions)
2011
BC
2012
2013
2014
2015
9,250
10,760
10,159
11,077
13,125
Nanaimo (City)
191
153
124
239
205
Nanaimo Regional District
304
260
231
370
327
Source: Statistics Canada
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Figure 8: Building Permit values by type Value of Building Permits City of Nanaimo 2015 ($M) 180.0 160.0 140.0 120.0 100.0 80.0 60.0 40.0 20.0 0.0
2013
2014
2015
93.5
70.9
142.8
157.0
46.3
36.6
60.4
39.2
0.7
2.6
6.5
7.0
2.9
Public
2.3
17.0
1.3
17.5
4.5
Misc
1.5
3.1
4.4
1.1
0.8
2011
2012
Residential
142.7
Commercial
36.3
Industrial
Source: City of Nanaimo, NEDC
As indicated by the graph above residential construction was very strong in 2015 accounting for $157 million or 77% of total permit values. In 2014 residential construction accounted for $142.8 million or 62 percent of total building permit values. Commercial, Industrial and Public permit values were lower in 2015 compared to 2014. Housing Starts Housing starts, like building permits, are a leading indicator of economic activity. Increases in housing starts are indicative of a strong or improving economy. While decreases may indicate economic activity is slowing. In 2015 housing starts in Nanaimo increased by 27.8% over 2014 levels while BC increased by 4.1%. Over the past five years Nanaimo’s housing starts have increased by 18% and BC’s by 16.8%.
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Table 9: Number of Housing Starts 250.0 BC
Nanaimo
200.0
150.0
100.0
50.0
0.0
2002
2004
2006
2008
2010
2012
2014
Source: Statistics Canada, CMHC
Table 7: Number of Housing Starts  BC Nanaimo
Change 2014-2015
Change 2011 - 2015
2010
2011
2012
2013
2014
2015
26,479
26,400
27,465
25,685
26,741
30,855
4.1%
16.8%
786
720
659
415
665
850
60.2%
18.0%
Source: Statistics Canada, CMHC
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Figure 10: Housing Starts by Type
Housing Starts by Type 900
850
800
665
700 600 500 400
415
300 200 100 0
2013
2014
2015
Apt & Other
157
261
374
Row
25
50
70
Semi-Detached
28
36
22
Single
205
318
384
Source: Canada Mortgage & Housing Corporation
In 2015, 850 housing units were built, 384 were single family dwellings and 466 were multi-family dwellings. CMHC’s latest housing forecast for Nanaimo predicts, in 2016 single family housing construction will have decreased by 8.9 percent to 350 units and multiple dwellings will have decreased by 14.2 percent to 400 units. Overall new housing construction in 2016 will have decreased by 11.8 percent over 2015 levels. The forecast for 2017 is 725 units, which will be a decrease of 3.3 percent over 2016 levels. Significantly higher home prices in the Vancouver and Victoria markets could support movement of people to lower-priced housing markets, generating additional demand for new housing in the Nanaimo region.
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OVER THE PAST FIVE YEARS NANAIMO’S HOUSING STARTS HAVE INCREASED BY 18 PERCENT, WHILE BC INCREASED BY 16.8 PERCENT
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Table 8: Major Projects 2015 Major Projects (value greater than $5 million) 2015 Approved Development Permits (DP) Location
Project Description
Estimated Value
Status
2835 Departure Bay Road
Legasea: 3-storey (mixed use building), 6 residential units
No permit application to date
440 Selby Street
3-storey (45 room boutique hotel + No permit meeting rooms spa and restaurant) application to date
Approved DP
850 / 870 Jackson Road
Seaspan truck terminal with office & maintenance shop 12.9 ha
$750,000 & Site Works
Approved DP
154 Westwood Road
BCSPCA Animal Shelter
$2,650,000.00
Approved DP
6330 McRobb Avenue
4-storey, Ballenas Residential apartment (50 multi-family units) Phase 1
$4,612,498.00
Approved DP
555 Milton Street
3-storey, 20 unit multi-family apts building
No permit application to date
Approved DP
575 Milton Street
3-storey, 14 unit multi-family apts - No permit 5 live/work units) application to date
Approved DP
1917 Northfield Road
Nanaimo Travellers Lodge: Dementia Care facility 130 residential units
$17,500,000.00
Approved DP
100 Twelfth Street
Malaspina Personal Care facility- 2 storey, 136 beds
$14,946,000.00
Approved DP
1597 Boundary Avenue
Residential Supportive Housing (41 $6,000,000.00 units)
400 Madsen Road
BC Hydro Operations Building
$24,600,000.00
10 Chapel Street
Aqua Residences (5-storey, 21 multi-family units)
$4,000,000.00
1820 Summerhill Place
Residential apartment (4-storeys / 103 multi-family rental units)
$7,087,000.00
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BUSINESS TRENDS The Nanaimo region has been shifting from a commodity-based economy that traditionally relied on an abundance of natural resources in the forest and oceans, towards a service-based “knowledge” economy that relies on the skills and innovation of the local workforce. Over the past decade, local population change and global economic trends have influenced the strength and diversity of Nanaimo’s economy. The area currently has a relatively diversified economic base of close to 5,800 businesses operating in the city; 10% of the local economy is based on goods-producing industries and 90% is based on the service sector. Population growth has created new opportunities in local market sectors such as health care, education, public administration, accommodation and food services, professional scientific technical and construction. Nanaimo’s economic development strategy identifies several key Economic Driver industries. Building on the skills and experience of the local labour force and the area’s natural assets, Nanaimo is positioning itself as a centre for knowledge-based businesses such as the technology sector and the sustainable technology sector (Clean Tech and Green Energy). Figure 11: Nanaimo Region Businesses by employment size Business by Employment Size Nanaimo Region 2015 3%
1%
1-19 20-49 50-99 ≥100
Source: BC STATS, Statistics Canada Business Register
As with Canadian business composition, the majority of the businesses in Nanaimo region are small to medium size enterprises. Approximately 88 percent of the businesses are small, employing fewer than 19 people; 155 businesses (4%) have more than 50 employees.
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Table 9: Nanaimo Region Business breakdown by geography & size 1-19
City of Nanaimo
Lantzville
Area A
Area B
Area C
Total
2,916
148
194
118
95
3,471
20-49
293
8
20
7
4
332
50-99
89
2
8
1
3
103
≥100
50
0
1
1
0
52
3,348
158
223
127
102
3,958
Total Business with Employees
Source: BC Stats, Statistics Canada Business Register The data in the above chart is obtained from the Statistics Canada Survey program and from Canada Revenue agency’s (CRA) Business Number account files. Note: self-employed workers are not included in the above categories.
Businesses operating in Nanaimo are required to have a City of Nanaimo business licence. As of Dec 31, 2015 there were 5,782 licences issued for businesses operating in the city. Most of Nanaimo’s businesses are locally owned operations. 67% describe themselves as locally owned and operated, 3% are franchise operations and 9.49% are branch offices of larger companies. Home-based businesses account for about 36% of total business licences issued. Many people choose to use their home as a “business incubator” to test their initial business ideas and later move into commercial space. Figure 12 details the number of business licences issued by the city of Nanaimo, by industry sector. As of December 31, 2015, the construction sector had the highest number of licenses, accounting for 17.4% of the total. The retail sector has the second highest number of business licences accounting for 14.0% of the total. The chart does not include unlicensed businesses, government service operations, or not-for-profit organizations. City of Nanaimo data includes businesses of every size including single proprietors.
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Figure 12: Business Licences, by Industry 2015
Management of Companies & Enterprises
2
Utilities
3
Agriculture, Forestry, Fishing & Hunting
15
Information & Cultural Industries
37
Education & Training
67 1.2%
Wholesale Trade
101 1.7%
Finance & Insurance
124 2.1%
Manufacturing
135 2.3%
Transportation, Warehousing & Storage
153 2.6%
Arts, Entertainment & Recreation
181 3.1%
Accommodation & Food Services
337 5.8%
Administrative & Support, Waste Mgt
442 7.6%
Real Estate & Leasing
Total = 5,782
465 8.0%
Healthcare & Social Assistance
572 9.9%
Other Services (except Public Administration)
605 10.5%
Professional, Scientific & Technical Services
729 12.6%
Retail
809 14.0%
Construction
1,005 17.4% 0
200
400
600
800
1,000
1,200
Source: City of Nanaimo
Nanaimo’s Trade Area Nanaimo’s location has helped the city develop as an important retail, service, transportation and distribution centre for central and northern Vancouver Island. The city has about 57% of the Nanaimo Regional District population, but has 75% of the region’s retail and service floor space. A profile of the city’s trade area is outlined in Table 10. The city’s primary trade area comprises about 154,495 people drawn from the Nanaimo Regional District and the town of Ladysmith. This trade area has been growing due to population growth. On average, the primary trade area grew by 5.7% between 2006 and 2011. The city’s secondary trade area has an additional 134,519 people in the Alberni-Clayoquot region to the west, and the Comox Strathcona region to the north. This area has grown on average 1.71% between 2006 and 2011. The city’s tertiary trade area has an additional 84,300 people from the Cowichan Valley region to the south, and the Mount Waddington region to the north. This area has grown by 4.02% between 2006 and 2011. Thus, the total trade area is approximately 373,314 persons.
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Table 10: Nanaimo’s Trade Areas
2006
2011
% Change
2015
Primary Trade Area City of Nanaimo
78,692
83,810
6.50%
90,524
Remainder of Nanaimo Regional District
59,939
62,764
4.71%
64,048
7,538
7,921
5.08%
8,177
146,169
154,495
5.70%
162,749
Alberni-Clayoquot RD
30,664
31,061
1.29%
30,106
Comox Strathcona RD
101,595
103,458
1.83%
110,082
Subtotal
132,259
134,519
1.71%
140,188
Remainder of Cowichan RD
69,391
72,794
4.90%
74,610
Mount Waddington RD
11,651
11,506
-1.24%
11,387
Subtotal
81,042
84,300
4.02%
85,997
359,470
373,314
3.85%
388,934
Ladysmith Subtotal Secondary Trade Area
Tertiary Trade Area
Total (All Trade Areas) Source: BC STATS
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Table 11: Major Employers as at June 28, 2016 Nanaimo Regional General Hospital 1200 Dufferin Crescent Nanaimo, BC V9S 2B7 (250) 755-7691 Health Care 2206 Employees www.viha.ca
School District #68 395 Wakesiah Avenue Nanaimo, BC V9R 3K6 (250) 754-5521 Education 1800 Employees www.sd68.bc.ca
Woodgrove Centre 6631 Island Highway N. Nanaimo, BC V9T 4T7 250-390-2721 Retail 1550 Employees www.woodgrovecentre.com
Vancouver Island University 900 Fifth Street Nanaimo, BC V9R 5S5 (250) 753-3245 Education 1,030 Employees www.viu.ca
City of Nanaimo 455 Wallace Street Nanaimo, BC V9R 5J6 (250) 754-4251 Municipal Government 639 Employees www.nanaimo.ca
Shaw Cable 4316 Boban Drive Nanaimo, BC V9T 6A7 (250) 760-1999 Cable Supplier 600 Employees www.shaw.ca
Coastal Community Credit Union 21-13 Victoria Crescent Nanaimo, BC V9R 5B9 (250) 741-3200 Financial Services 600 Employees www.cccu.ca
British Columbia Ferry Services Inc. 680 Trans Canada Highway Nanaimo, BC V9S 5R1 (250) 716-7131 Transport 457 FTE 244 Casual/ Seasonal Employees www.bcferries.ca
Nanaimo Forest Products (Harmac Pacific) 1000 Wave Place Nanaimo BC 250-722-3211 Paper Mill 340 Employees www.harmacpacific.com
Costco Wholesale 6700 Island Highway N Nanaimo, BC V9V 1K8 (250) 390-3231 Grocery store 332 Employees (55% FT) www.costco.ca
Coastland Wood Industries #2, 84 Robarts Street Nanaimo, BC V9R 2St Mill 300 Employees www.coastlandwood.com
Dept. of Fisheries & Oceans Pacific Biological Station, Hammond Bay Nanaimo, BC V9R 5K6 (250) 756-7000 Research Lab 300 Employees www.pac.dfo-mpo.gc.ca
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Regional District of Nanaimo P.O. Box 40 Lantzville, BC V0R 2H0 (250) 390-4111 Regional Government 268 Employees www.rdn.bc.ca
Walmart 100-3200 Island Highway North Nanaimo, BC V9T 1W1 (250) 390-2344 Retail-general goods 260 Employees www.walmart.ca
Thrifty Foods (2 locations) 5801 Turner Road Nanaimo, BC V9T 6L8 (250) 728-4950 Retail/grocery store 248 Employees (55% FT) www.thriftyfoods.com
The Real Canadian Superstore 6435 Metral Drive Nanaimo, BC V9T 2L8 250-390-5700 Retail-Grocery 220 Employees
The Home Depot 6555 Metral Drive Nanaimo, BC V9T 3L3 (250) 390-9093 Retail/Building Supply 175 Employees www.homedepot.ca
Royal Canadian Mounted Police 303 Prideaux Street Nanaimo, BC V9R 2N3 (250) 754-2345 Public Safety 151 Employees www.rcmp-grc.gc.ca
Hazelwood Construction Services 1940 Bollinger Road Nanaimo BC V9S 5W9 (250) 716-1940 Construction hazelwoodconstruction.com 150 Employees
Sears Canada 101-4750 Rutherford Road Nanaimo, BC V9T 4K6 (250) 756-4111 Retail/dept store 150 Employees (85% p/t) www.sears.ca
RW Wall 6040 Hammond Bay Road Nanaimo, BC V9T 5M4 250-756-2707 Construction 150 Employees bobwallcontracting.com
Tilray 1100 Maughan Road Nanaimo BC V9X 1J2 1-844-845-7291 Medical 140 Employees www.tilray.ca
Real Estate Web Masters 223 Commercial Street Nanaimo, BC V9R 5G8 250-753-9893 Real Estate 140 Employees realestatewebmasters.com
The Bay 6631 B Island Highway North Nanaimo, BC V9T 4T7 (250) 390-3141 Retail - general goods 100 Employees www.hbc.com
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LABOUR FORCE Nanaimo has a highly motivated, educated and well-trained workforce with diverse skills to meet the challenges of our changing economy. Nanaimo’s workforce, business, industry and educators are continuously working together to integrate business needs into the training system. Level of Education The level of education of Nanaimo’s labour market has been increasing. Figure 13 depicts the level of schooling attained by residents aged 25-64. Approximately 63.6% of Nanaimo’s labour market has some post-secondary qualifications, which is comparable to BC population as a whole. The mix of credentials in Nanaimo reflects both the local labour market and the program offerings at Vancouver Island University. Nanaimo has relatively more people reporting certificates and diplomas and trades or apprenticeship credentials than in the province as whole but fewer degrees. The proportion of the population with higher levels of education has been increasing. This increase in education can be attributed, in part, to the re-training efforts of the labour market and to an influx of well-educated newcomers. Population growth over the past decade has brought many skilled and talented newcomers to the Nanaimo area. Area companies report that recruiting new staff to Nanaimo is an “easy sell” because of the natural attributes and cost advantages of the community.
NANAIMO HAS A HIGHLY MOTIVATED, EDUCATED AND WELL-TRAINED WORKFORCE WITH DIVERSE SKILLS TO MEET THE CHALLENGES OF OUR CHANGING ECONOMY
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Figure 13: Level of Schooling Attained, Nanaimo’s Labour Market (Population 25 -64) Educational Attainment Nanaimo Population 25 to 64 years, 2011
3,640 7.0%
University cert. diploma above bachelor level
6,965 13.3%
Bachelor’s Degree
3,505 6.7%
University cert. or diploma below bachelor
11,610 22.2%
College or non-university cert/diploma
7,585 14.5%
Apprenticeship/Trade certificate/diploma
00 16 ,
0 00 14 ,
0
00 ,0 12
00
0
10 ,
00
0
8,
00 6,
0 00
0
4,
00
0
2,
0
13,790 26.3%
High school diploma or equiv
Statistics Canada Labour Force Survey
Table 12: Share of Population with Post-secondary credentials 2001 Share of population with post-secondary credential
(20-64)
2006
2011
(25-64) (25-64)
2011 Detail Apprenticeship or Trades
Certificate or Diploma
Degree
BC
50.4%
61.8%
64.8%
11.3%
26.3%
27.3%
Nanaimo
49.4%
60.3%
63.6%
14.5%
28.9%
20.3%
RDN
52.9%
60.1%
63.5%
14.7%
28.9%
19.9%
Approximately two thirds of Nanaimo’s population aged 25-64 have a post-secondary credential.
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Figure 14 Post Secondary Qualifications, Nanaimo’s Labour Market
Physical & Life sciences & technologies
1,545 3.4%
Mathematics, computer & information tech
Post Secondary Qualifications Nanaimo’s Labour Force - 2011
920 2.0%
Visual & performing arts & comm tech
1,525 3.4%
Agriculture, natural resources & conservation
1,245 2.8%
Humanities
2,085 4.6%
Personal, protective & trasp services
3,565 7.4%
Education
3,620 8.0%
Social & behavioural sciences & law
3,540 4.6%
Health & Related fields
8,655 19.2%
Architecture, eng & related Technologies
9,630 21.4%
Business, mgt & public admin
8,675 19.3% 0
2,000
4,000
6,000
8,000
10,000
Source: Statistics Canada Labour Force Survey
Applied science training tops the list of post secondary qualifications, followed by commerce and health care.
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Figure 15: Nanaimo’s Labour Market, by Occupation Labour Force by Occupation Nanaimo CA - 2011
26.9
14,000
12,000
10,000 15.5
8,000
13.6 6,000
11.0
9.9 8.0
4,000
5.5
es
ry
iti til U
&
y tu
r in
g
ar im
Pr
2.0
st
In
re
du
ati
d re tu ul
M
an
uf
,C ts Ar
2.3
on
2.5
,R ec
pe ns
ie
U
d
Sc
ci
ie
fie
nc e
lt h H
pl Ap & al ur at N
tio ca
ea
en
t
i ag em
an
n/ G
ov ’
M
t/ So
ci
al
m Ad
nc e, na
Fi s, es
Ed u
si n Bu
Sc
in
rt po ns
Tr a
s& de
Tr a
Sa
le
s&
Se
rv
ic e
2.7
ac
2,000
Source: Statistics Canada Labour Force Survey
Figure 15 shows the number of people employed in various occupations in Nanaimo. Sales and service jobs account for nearly 27% of Nanaimo’s employment base. These occupations include sales people in retail, real estate, food & beverage, and accommodation services. Trades & transportation related jobs are the second highest concentration. Business, finance, and administration occupations include business and financial professionals and support staff such as secretaries and clerks.
30 | NANAIMO REGION ECONOMIC PROFILE
THE TRANSITION TO AN INFORMATION AND SERVICE ECONOMY IS EVIDENT IN NANAIMO. SALES AND SERVICE OCCUPATIONS TOP THE LIST OF EMPLOYMENT IN THE CITY, FOLLOWED BY TRADES & TRANSPORT RELATED POSITIONS.
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Figure 16: Labour Market, By Industry Sector
Mgnt of Companies & Enterprises Utilities Mining/Oil & Gas
25 220 370
Labour Market, By Industry Sector Nanaimo CA, 2011
Arts/Entertainment/Recreation
1,045 2.1%
Real Estate/Rental/Leasing
1,065 2.1%
Agr/Forestry/Fishing/Hunting
1,220 2.4%
Information & Cultural
1,290 2.5%
Industry/N/A
1,365 2.7%
Finance & Insurance
1,595 3.2%
Wholesale Trade
1,665 3.3%
Manufacturing
1,670 3.3%
Admin & support, Waste Mgt & Remed
2,085 4.1%
Transportation Warehousing
2,510 5.0%
Other Services (Except Public Admin)
2,535 5.0%
Prof/Scientific/Technical
2,760 5.5%
Public Administration
2,830 5.6%
Educational Svcs.
3,660 7.2%
Accommodation & Food Svcs.
4,410 8.7%
Construction
4,415 8.7%
Health Care & Social Assistance
6,575 13.0%
Retail Trade
7,310 14.4% 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000
Source: Statistics Canada Labour Force Survey
Figure 16 shows employment by industry sector in Nanaimo. Service industries account for much of Nanaimo’s employment base. The greatest number of jobs are provided by the retail sector followed by health and social services, reflecting Nanaimo’s position as a regional service centre for central and northern Vancouver Island. Business services, government services, and education further support this role. Construction sector and tourism activity has been growing, accounting for approximately 9% of employment in each sector. The professional, scientific and technical sector also saw growth of over 6% from the 2006 Census.
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LABOUR FORCE Growth Rate The labour force is composed of those 15 years of age and older who are either employed or actively seeking work. Changes in the labour force are the result of changes in population and economic opportunities. A growing economy attracts workers from other areas and induces people to enter the labour force. When the economy slows, people leave in search of opportunities elsewhere or withdraw from the labour force. Nanaimo’s labour force shrunk by 2.5 percent on average between 2011 and 2015, while the province grew at 0.4 percent during this time period. Labour force growth rates in Nanaimo generally follow a similar pattern to that in the province as a whole, however tend to have more variance. This variability likely stems in part from measurement error in the labour force survey due to small sample size. Provincially, labour force growth rates had been declining since 2008 but started recovery in 2015 when BC reported a 1.3% increase over 2014. Locally, recovery started in 2013 at 15.7% growth rate and in 2015 labour force growth rate dropped again. The five year average growth rate is more accurate measure of labour force activity in Nanaimo due to the variability in the labour force survey. Over the five year period Nanaimo’s Labour force has dropped by 2.5 percent.
Figure 17: Labour Force Growth Rate 20.0%
BC
15.0%
Nanaimo
10.0% 5.0% 0.0% -5.0%
2000
2002
2004
2006
2008
2010
2012
2014
-10.0% -15.0% -20.0% Source: Statistics Canada Labour Force Survey
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Table 13: Nanaimo Labour Force Labour Force Growth Rate
2011
BC Nanaimo Nanaimo labour force (000s)
2012
2013
0.2% -12.2%
0.8% -5.7%
-0.1% 15.7%
43.8
41.3
47.8
2014
2015
5 yr. Average 2011-2015
0.0% 1.3% 5.4% -15.7%
0.4% -2.5%
50.4
45.16
42.5
Source: Statistics Canada Labour Force Survey
Participation Rate The labour force participation rate measures the share of the population 15 years and over that are in the labour force. Regions with younger populations tend to have higher labour force participation rates while those with older populations have lower rates. Participation rates also tend to fall during recessions and rise during expansions. Nanaimo’s labour force participation rate for 2015 was 51.6%. This is a reflection of the older age structure of Nanaimo’s population and is consistent with historical patterns in the region. The variability in Nanaimo’s participation rate is likely related to sampling error in the labour force survey. Figure 18: Labour Force Participation Rate Labour Force Participation Rate 80.0 75.0 70.0 65.0 60.0 Nanaimo
55.0 50.0
2005
2006
2007
2008
2009
2010
BC
2011
Canada
2012
2013
2014
2015
45.0 Source: Statistics Canada Labour Force Survey
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Table 14: Labour Force Participation Rate Change 2014-2015
Change 2011-2015
Participation Rate
2011
2012
2013
2014
2015
BC
65.1%
64.8%
64.0%
63.3%
63.4%
0.1 pp
-1.7pp
Nanaimo
60.7%
59.3%
61.8%
61.4%
51.6%
-9.8pp
-9.1pp
Source: Statistics Canada Labour Force Survey Annual Averages (pp = percentage points)
Figure 19: Unemployment Rate Annual Averages Comparison Unemployment Rate Annual Averages 8 7 6 5 %
4 3 2 1 0
2012
2013
2014
2015
Nanaimo
5.3
5.6
5.8
4.7
VIC
6.2
6.3
6.1
6.3
BC
6.8
6.6
6.1
6.2
Canada
7.3
7.1
6.9
6.9
Source: Statistics Canada Labour Force Survey
Nanaimo’s unemployment rate is consistently below Vancouver Island, BC and the Canadian average.
INCOME Median Income (Census) Median income is the income level at which half of the population is above and half is below. It is considered a more reliable indicator of overall trends in income than averages since it is not affected by the distribution of income. This data is gathered through the Census (prior to 2011)
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and the National Household Survey (2011) and is self-reported. It measures the median income of those reporting income. Median income for Nanaimo reported in the 2011 Census was $27,840, BC’s median income was $28,765 and Canadian median income was $29,250. Nanaimo’s median income has grown at a faster rate than the province as a whole since 1995, as a result, the gap between Nanaimo’s median income and median income in BC is closing. Figure 20: Median Income $30,000 $28,000 $26,000 $24,000 $22,000
Nanaimo
$20,000
BC
$18,000 $16,000 $14,000 $12,000 $10,000
1995
2000
2005
2010
Source: Statistics Canada, Census 2001, 2006 and National Household Survey
Table 15: Median Income 2000
2005
2010
Change 2000 – 2010
Change 2005 - 2010
BC
$ 22,095
$ 24,867
$ 28,765
30.2 %
15.7 %
Nanaimo
$ 20,387
$ 23,762
$ 27,840
36.6 %
17.2 %
RDN
$ 20,115
$ 23,631
$ 27,825
38.3 %
17.7 %
Source: Statistics Canada, Census 2001, 2006 and National Household Survey
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Income by Source Income by source data reflects the underlying age structure of the population and employment mix in the region. Higher shares of pension and investment income suggest an older population with more retirees while high levels of self-employment income are indicative of higher levels of contract work. The total income for the population can be broken down into two basic components: market income and government transfers. Market income includes income from all non-government sources such as employment, investments, private pensions and spousal and child support payments. Government transfers include Canada/Quebec Pension Plan benefits, Old Age Security pension and the Guaranteed Income Supplement, Employment Insurance benefits, child benefits and other income from government sources. The distribution of Nanaimo’s income by source reflects the age structure of the population. Between 2011 and 2013, the share of income from market sources increased by 0.5 percentage points, while income from government transfers declined by 0.6 percentage points. Provincially, the share of income from market sources increased by 0.2 percentage points , while the share from government transfers decreased by 0.8 percentage points during this period. Wages salaries and self-employment income decreased for Nanaimo and BC, the increase in market income was made up mainly by pensions and investment income as well as other sources of income.
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Figure 21: Share of Income by Source
Wages + salaries
Pension + Investment
Self-employment
Other
Government transfers
100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% BC
Nanaimo
BC
2011
Nanaimo
BC
2012
Nanaimo 2013
Source: Statistics Canada
Table 16: Sources of Income 2011
 BC
2012
Nanaimo
BC
Change
2013
Nanaimo
BC
2011-2013
Nanaimo
BC
Nanaimo
Wages + salaries
66.4%
60.2%
66.0%
60.2%
65.5%
60.1%
-0.8pp
-0.1 pp
Self-employment
4.6%
3.9%
4.5%
3.8%
4.4%
3.8%
-0.2 pp
-0.1 pp
18.0%
23.5%
18.9%
23.7%
19.8%
24.1%
1.7pp
0.6pp
2.4%
2.1%
2.5%
2.3%
2.6%
2.3%
0.2 pp
0.2 pp
8.6%
10.2%
8.1%
10.1%
7.8%
9.7%
-0.8 pp
-0.6 pp
91.4%
89.8%
91.9%
89.9%
92.2%
90.3%
0.2 pp
0.5 pp
Pension & Investment Other Government transfers Total Market Income Source: Statistics Canada (pp = percentage points)
Nanaimo has a higher portion of income sourced from pension & investment, and government transfers in comparison to BC and a lower share of income from wages and salaries. This is likely a reflection of the slightly older demographic.
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Per Capita Income Per capita income is a measure of the standard of living in a region. This indicator is calculated from personal income reported on tax returns and has not been adjusted for inflation. It measures the flow of annual income and is not a measure of the stock of wealth. This measure will be affected by the sources of income in a region. Investment income will tend to be more variable than employment income while pension incomes tend to grow at the rate of inflation. Regions with higher share of pension income tend to have less variability to economic recessions or upswings in the economy. Regions with higher wages and salaries and investment income tend to be more impacted by global economic conditions. Per capita income in Nanaimo has been growing steadily over the last five years. Between 2011 and 2013 BC ‘s per capita income grew by 6.9% and Nanaimo’s by 8.3%. Nanaimo’s average income grew by 6.9% and BC’s by 5.6% during the same time period. Although recent growth rates out pace BC, Nanaimo is still below BC’s average and per capita.
Figure 22: Growth in per capita income (tax return data) 10.0% 10.0% Nanaimo
BC
6.0% 4.0% 2.0% 0.0%
2005
2007
2009
2011
2013
-2.0% -4.0% Source: Statistics Canada, NEDC Calculations
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Table 17: Average Income per Taxfiler, Average Income per Capita
Â
2009
2010
2011
2012
2013
Change 20122013
Change 20112013
Average income per taxfiler BC
$39,017 $39,796 $41,016 $42,089 $43,309
2.9%
5.6%
Nanaimo
$35,932 $36,737
$39,142 $40,316
2.9%
6.9%
BC
$28,984 $29,086 $30,697 $31,448 $32,807
4.3%
6.9%
Nanaimo
$26,878 $27,034 $28,162 $29,200 $30,477
4.4%
8.3%
$37,715
Estimated income per capita
Source: Statistics Canada, NEDC calculations
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REAL ESTATE Housing There is a wide range of housing choices in Nanaimo, from waterfront estates to condos. Because of the mountainous terrain, many properties offer spectacular views and all residents have access to the waterfront from public access paths. Due to the area’s recent population growth, much of the housing has been built within the past 25 years. Single-detached homes make up the majority of housing in the area. As the city grows the mix of housing is changing, with a proportional decline in single family residences and an increase in multi-family housing types. In total, there were about 41,900 dwelling units in Nanaimo at the time of the 2011 Census, an increase of 25% from 2006 when there were 33,525 dwelling units in the city. Despite the area’s population growth, Nanaimo remains an affordable place to live. Average Single family detached home in Nanaimo was $391,313 in 2015 (Source: VIREB). In March 2016, the average price of a new single detached home in Nanaimo was $524,705 in Vancouver CMA it was $1,778,913 and Victoria CMA it was $858,563 (Source CMHC Q2-2016) Real estate sales are handled by the Vancouver Island Real Estate Board (VIREB). There are approximately 340 real estate agents that serve the Nanaimo market. The Vancouver Island Real Estate Board also provides statistical information about the real estate market in Nanaimo and other communities on Vancouver Island.
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Figure 23: Average House Prices Average House Price Single Family Detached House $1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $1100,000 $0
2010
2011
2012
2013
2014
2015
Nanaimo
$364,190
$362,680
$353,408
$352,309
$370,760
$391,313
Victoria BC
$504,561 $505,178
$498,300 $561,304
$484,164 $514,836
$480,997 $537,414
$496,473 $568,405
$521,616 $636,627
Greater Vancouver
$675,853
$779,730
$730,063
$767,765
$812,653
$902,801
Source: BC Real Estate Association and Canadian Real Estate Association MLS statistics
Housing in Nanaimo is considerably more affordable when compared to near markets such as Victoria and Greater Vancouver. Table 18 details trends in the residential real estate market in recent years. Post 2008 recession, the average housing price has been picking up due to low interest rates, economic recovery, and increased in-migration.
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Table 18: Residential Real Estate Market Trends Single Family Home Number Listed Number Sold Average Price Change in price since previous year Condo (Apartment) Number Listed Number Sold Average Price Change in price since previous year Condo (Townhouse) Number Listed Number Sold Average Price Change in price since previous year Condo (Patio) Number Listed Number Sold Average Price Change in Price since previous year Lots Number Listed Number Sold Average Price Change in price since previous year
2010
Residential Real Estate Market Trends 2011 2012 2013
2014
2015
2,372 1,124 $ 363,985
2,359 1,084 $ 362,680
2,214 1,017 $ 353,408
1,998 1,130 $ 352,309
2,061 1,230 $ 370,760
2,127 1,425 $ 391,313
3%
0%
-3%
0%
5%
6%
717 240 $ 239,647
623 213 $ 217,160
625 190 $ 205,495
458 174 $ 218,331
508 221 $ 214,974
433 280 $ 222,157
12%
-9%
-5%
6%
-2%
3%
458 184 $262,021
469 171 $260,300
418 138 $246,401
386 172 $249,662
313 175 $261,047
308 207 $257,393
3%
-1%
-5%
1%
5%
-1%
102 45 268963
95 56 $272,734
117 55 $262,522
83 64 $276,807
68 54 $285,487
75 59 $275,929
-7%
1%
-4%
5%
3%
-3%
170 123 $147,776
225 64 $161,565
226 64 $154,063
309 64 $154,770
310 133 $165,832
200 117 $160,427
4%
10%
-5%
1%
7%
-3%
Source: Canada Mortgage and Housing Corporation
The 2011 Census indicated that 26% of Nanaimo residents rent the dwelling they live in, while 74% own their home. Canada Mortgage and Housing Corporation (CMHC) conducted their semi-annual rental market survey of Nanaimo in October 2015. Table 19 profiles the average rents and vacancy rates for various types of rental accommodation in Nanaimo. Average rents increased in every category for both private apartments and row housing types. Vacancy rates increased for bachelor type of accommodation but dropped for virtually every other category in Fall of 2015 compared to Fall of 2014. Overall vacancy rates decreased by 2.4 percentage points for private apartment types, and by 1.4 percentage points for private row (townhouse) type. The largest increase in average rent was for 2 bedroom apartment and row housing type. The largest drop in vacancies was for 1 bedroom private row townhouses (5.3 percentage points).
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The number of total private row and apartment units available for rent increased from 3,742 to 3750. Table 19: Average Rents & Vacancy Rates Average Rents & Vacancy Rates Nanaimo Fall 2015 Average Rent
Vacancy Rate
Oct 2015
Oct 2014
Oct 2015
Oct 2014
Total Units Oct 2015
Bachelor
$585
$559
4.7%
2.3%
242
1 Bedroom
$723
$700
14%
3.3%
1,776
2 Bedroom
$847
$812
6.2%
2.2%
1,393
3+ Bedroom
$1,030
$1,017
1.9%
3.4%
127
$773
$746
2.0%
4.4%
3,538
**
**
**
**
6
1 Bedroom
$704
$691
0.0%
5.3%
19
2 Bedroom
$940
$903
3.1%
7.0%
128
3+ Bedroom
$1,037
$1,019
8.5%
5.2%
59
$935
$906
4.7%
6.1%
212
Private Apartments
Total Private Row (Townhouse) Bachelor
Total
Private Row (Townhouse) & Apartment Bachelor
$585
$559
5.0%
2.2%
248
1 Bedroom
$723
$700
14%
3.4%
1,795
2 Bedroom
$855
$820
2.3%
6.3%
1,521
3+ Bedroom
$1,032
$1,018
3.9%
3.9%
186
Total
$783
$755
2.2%
4.5%
3,750
**data suppressed to protect confidentiality or data not statistically reliable Source: Canada Mortgage and Housing Corporation
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Figure 24: Rental Vacancy Rate
Rental Vacancy Rate
LOW VACANCY RATES AND RISING RENTS SIGNAL THE MARKET FOR NEW DEVELOPMENT PROJECTS LEADING TO GREATER CONSTRUCTION ACTIVITY.
9 8 7 6 5 4 3 2 1 0
2013-Spring
2013-Fall
2014-Spring
2014-Fall
2015-Spring
2015-Fall
Source: Canada Mortgage and Housing Corporation
The rental vacancy rate for Nanaimo region has been declining steadily since spring of 2013 (8.3%) per graph above. In the Fall of 2015 the vacancy rate was 2.0%, while one year earlier the vacancy rate was 4.4%. Low vacancy rates and rising rents signal the market for new development projects leading to greater construction activity. Commercial Market Prime commercial real estate in Nanaimo is available at low lease rates when compared with communities of similar size in BC. Nanaimo lease rates are significantly lower when compared with Victoria or Vancouver for each class of commercial space. Table 20: Lease Rates Class
Nanaimo
Downtown Vancouver
Suburban Vancouver
A
$34
$54.50
$35.18
B
$24
$45.30
$28.21
C
$18
$35.89
$22.06
Average *
$25
$48
$33.50
*Note Class AAA rates not included for any geographies (Source: Colliers International, NAI, Remax Commercial division)
The costs in the table below are based on weighted average gross rental rates asking per square foot gross.
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Table 21: Senior’s Housing Seniors’ Housing Average Rents & Vacancy Rates Type
Average Rent 2016
Vacancy Rate 2015
2016
2015
Bachelor
$1,338
$1,379
7.9%
7.7%
1 Bedroom
$2,644
$2,635
1.7%
7.2%
2 Bedroom
$3,422
$3,452
0.9%
9.3%
Total
$2,477
$2,478
2.8%
7.5%
Source: Canada Mortgage and Housing Corporation (CMHC)
The overall vacancy rate for standard space in senior’s residences homes in the Nanaimo region was 2.8% in 2016, compared to 7.5% in 2015. Demand for seniors’ housing was mainly supported by a growing seniors’ population, and a strong resale market which made it easier for seniors to sell their homes and move into independent living facilities. Rising demand did not impact the average rents. The 2016 vacancy rate for 1 bedroom, and 2 bedroom type was significantly lower compared to 2015, whereas Bachelor vacancy rate increased slightly. The largest vacancy rate drop was in the 2 bedroom type at 8.4 per cent, followed by 1 bedroom spaces which declined by 5.5 per cent. Rents remained virtually the same across all space types. Within the Province four regions, Lower mainland, Vancouver Island, Okanagan/Thompson/ Shuswap and Other BC make up majority of the Senior’s housing accommodation. Central Vancouver Island had the lowest vacancy rate of the three major centres that make up the region as more seniors moved to centres such as Nanaimo and Duncan/Cowichan, driven partly by lower rents compared to other parts of the island. Independent living suites are found in seniors’ complexes where the majority of the residents are aged 65 years or older, on-site meal services are provided, and the residents receive less than 1.5 hours of health care per day. In BC the overall average rent for an independent living space was $2,935 per month in 2016, up from $ 2,868 in 2015. In Nanaimo the rent remained virtually the same $2,477 for 2016 and $2,478 in 2015. Seniors’ housing vacancy rate for Nanaimo region has been dropping significantly over the past five year’s i.e. 11% in 2013 compared to 2.8% in 2016.
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TOURISM INDICATORS Figure 25: Nanaimo Annual Occupancy Annual Occupancy % 0.7 0.6 0.5
61%
58%
58% 58%
56% 56%
60%
65% 64%
67%
64% 56%
56% 55%
55%
57%
60%
62%
0.4 0.3 0.2 0.1 0 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Source: Chemistry Consulting
Figure 26: Nanaimo Revenue Per Available Room (Revpar) Nanaimo RevPar 80 70 60
Dollars
50 40 30 20 10 0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
RevPar 47.39 48.82 47.24 48.57 53.09 59.05 61.99 68.14 66.96 59.85 60.93 60.53 62.47 65.22 66.92 73.82 Source: Chemistry Consulting
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Figure 27: Tourism Statistics Tourism Statistics Average Occupancy
2011
2012
2013
2014
2015
55.16%
54.95%
56.60%
60.25%
62.39%
$113.69
$115.24
$111.07
$118.32
$60.53
$62.47
$65.22
$66.92
$73.82
Tourism info Centre visits
20,422
21,078
24,847
Vancouver Island Conference Centre delegate days
27,811
19,535
19,895
23,488
Average Daily Room Rate Revenue Per Available Room (RevPar)
Source: Chemistry Consulting, Vancouver Island Conference Centre, Tourism Nanaimo
Nanaimo’s accommodation occupancy levels have been increasing over the past five years. Historically highest occupancy levels were between 2005 and 2008 and we’re seeing a trend toward those levels again. In fact 2016 has been a record year for tourism around the province as well as Nanaimo. Year to date August 2016 occupancy levels are at 71.48% and likely will settle around 66 to 67% before year end. Average daily room rates have been increasing overtime, leading to an increase in total RevPar. The number of visitors coming into Tourism information centres to obtain information on the region has also seen a steady increase.
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Figure 28: Nanaimo Region Seniors’ Housing Nanaimo Region Seniors’ Housing Rental Vacancy Rate
20 15 10 5 0
2012
2013
2014
2015
2016
Source: Canada Mortgage and Housing Corporation (CMHC)
TRANSPORTATION & LOGISTICS Nanaimo has a comprehensive transportation network designed to support and promote the growth of existing businesses and to facilitate the establishment of new operations. Nanaimo has a modern and efficient transportation network, one airport, two float plane terminals, two ferry terminals, a recently enhanced highway system, and a public transit system. The average commute time from the outer boundaries of the city to downtown is 15 minutes. The city is easily accessible to the mainland by ferry, air, and to other Island destinations by road. Deep-sea shipping facilities are available through the Port of Nanaimo. Businesses have a range of options to access markets, customers and suppliers. Nanaimo is situated directly on Vancouver Island’s main highway, Highway 19, providing easy access to all major centres on Vancouver Island. Major investment in the island highway has reduced travel time between Nanaimo and other island communities. This has resulted in access to a larger market and workforce area, and has enhanced the city’s role as a transportation and distribution hub for the central and North Island.
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Table 22: Distances to Other Major Centres From Nanaimo to:
Vancouver, BC
61 km
38 miles
Victoria, BC
113 km
70 miles
Courtenay, BC
107 km
66 miles
Campbell River, BC
153 km
95 miles
Port Hardy, BC
391 km
242 miles
Seattle, Washington
217 km
135 miles
Calgary, Alberta
983 km
609 miles
Edmonton, Alberta
1,163 km
721 miles
AIR Nanaimo Airport Nanaimo Airport (YCD) is located 18 km (9 miles) south of the city in Cassidy. Nanaimo Airport has seen steady growth in the last decade, serving an estimated 340,000 passenger in 2016. Key investments since 2006 have transformed YCD into a trusted transportation partner experiencing unmatched growth. In fact, in 2016, passenger numbers are 10 years ahead of fore casted numbers. A 20 year, $43 million expansion plan was recently drafted. Phase 1 of this plan will begin late 2016 and continue as the demand grows. The Phase 1 project will include expanding the passenger departure lounge, passenger screening and car rental areas. As a transportation hub, YCD plays a critical role in the economy of the region. By 2020 it is estimated YCD’s economic impact will be in excess of 2,000 jobs and $150 million in economic activity. YCD offers one of the largest available land masses for airside and groundside development of any BC airport in close proximity to Vancouver. More than 50 hectares of the approximately 200-hectare site has prime business potential. Recent additions to YCD tenant list include FedEx, Enex Fuels and Alkan Air. The airport has a 6,600 ft. runway capable of accommodating 737-700W aircraft. YCD’s Instrument Landing System (ILS) allows the airport to be over 99% weather reliable. Nanaimo Airport is serviced by Air Canada Jazz, WestJet Encore and Island Express, current schedule offers: Eight non-stop daily flights to Vancouver International Airport, (flight time of 15 minutes) Four summer/ Three winter non-stop flights to Calgary Daily service to Abbotsford, Boundary Bay, Comox, Victoria and Vancouver’s South Terminal For additional information, contact the airport at (250) 924-2157
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Air Courier Service: Daily flights through FedEx. For more info www.fedex.com Figure 29: Air Transportation Volumes Air Transportation 350,000 300,000 250,000 200,000 150,000 100,00 50,000 -
2012
2013
2014
2015
Seaplane/Helijet Pass
161,172
153,167
148.831
159,264
Airport Passengers
185,854
225,251
270,426
312,117
Source: Nanaimo Airport, Nanaimo Port Authority
Nanaimo Seaplane Terminal The Nanaimo Seaplane Terminal operated by the Nanaimo Port Authority, provides facilities for seaplane flights from downtown Nanaimo. Regularly scheduled flights to downtown Vancouver and Vancouver International Airport are available through Harbour Air, and Seair Seaplanes. Flight time is 20 minutes. Harbour Air flies to 9 destinations in British Columbia with frequent service between Nanaimo and the lower mainland. Sunshine Coast Air provides flight service between Nanaimo and Sechelt as well as Victoria. Helijet provides 14 scheduled flights between 7 am and 7 pm weekdays from Nanaimo Cruise ship welcome centre to downtown Vancouver. Helijet is equipped to operate in daylight, after dark and in most inclement weather.
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For more info Harbour Air Seaplanes www.harbourair.com Seair Seaplanes www.seairseaplanes.com Sunshine Coast Air www.sunshinecoastair.com Helijet www.helijet.com
WATER Nanaimo Port Authority Nanaimo is Vancouver Island’s largest commercial port, with 4 berths and over 21 ha (88 acres) of paved storage space, covered warehousing space and barge loading facilities. Located 36 nautical miles west of Vancouver and centrally located on Vancouver Island, the Nanaimo Port Authority is the region’s most convenient load centre port. Harbour operations include multiple facets within port boundaries and include deep sea ship anchorages, port security, environmental protection, debris control, safety and navigation, seaplane operations, terminal Operations plus permitting for Harbour events. The Nanaimo Port Authority works with Federal, Provincial and Municipal agencies and stakeholders to achieve the highest levels of service for its clients. Through its commercial terminals the Port of Nanaimo is a significant economic generator with cargo handling operations. Table 23: Cargo & Passenger volumes through Nanaimo Port Authority Cargo Volumes: (in metric tonnes) Export Cargo Import Cargo
2015
2014
2013
2,631,118
2,344,755
2,224,316
2,219,208
1,800,280
1,555,455
4,850,327
4,145,035
3,779,771
Forest Products
1,456,101
1,298,382
1,204,995
Logs
2,368,982
2,015,572
1,708,313
141,979
132,673
258,132
33,229
876
973
420,141
301,801
245,703
42,487
39,038
24,368
387,408
356,693
337,327
4,850,327
4,145,035
3,779,771
Total Ships **
241
242
225
Total (GRT)**
7,703,526
4,489,869
4,231,579
4,703,526
4,489,869
4,231,579
Total volume By Cargo type: (in metric tonnes)
Bulk Cargoes Project Cargoes Containers
‡
Chemicals Petroleum Products Total volume Deep-Sea Ship Traffic within Nanaimo Harbour
Cruise, Seaplane & Ferry Passengers Total Passengers
* (tonnage is estimated based on TEUs ** (reflects deep sea vessel movement)
Source: Nanaimo Port Authority
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Duke Point The Duke Point terminal is located south of Nanaimo in the Duke Point Industrial Park with a new barge service from Vancouver Island to Vancouver. There is excellent proximity to the Island Highway system with connections to the lower mainland and property for lease. The Duke Point terminal features a deep sea berth, 40 metric tonne container handling gantry crane, paved and unpaved storage. A new barge berth allowing for additional 82 metres adjacent to the existing berth providing simultaneous loading and discharging efficiencies. The Liebherr 500 Mobile Harbour Crane, offers 104 metric tonne capacity and 51 meter outreach. This crane is being utilized for handling container barge service to and from Vancouver and project cargoes moving through the Port. The new crane is the largest mobile crane on Vancouver Island and is believed to be the largest land based mobile crane in Western Canada. Seaspan Terminal Seaspan, also located at Duke point, offers regular barge service between Nanaimo and Vancouver. For further information on schedules and rates www.seaspan.com Cruise Ship Terminal In May 2011, the Nanaimo Port Authority opened a new $25 million floating cruise ship terminal and welcoming Centre. Partnership funding was provided by the Province of BC, Island Coast Economic Trust, Government of Canada, and the Nanaimo Port Authority. The cruise berth consisting of a concrete pontoon measuring approximately 350 feet in length by 50 feet wide and having a 7 foot free board above the water was constructed in two parts and joined by a complex cabling system before being towed to its permanent mooring position on the northeast corner of the Nanaimo Assembly Terminal. The pontoon represents approximately 30% of the marine budget for the project, and the berth is designed to handle the largest cruise ships that will operate on the West Coast. As well as being the largest component of the terminal docking system, the concrete pontoons are the largest of their type ever constructed in Western Canada and concrete was chosen for its reliability, durability and lower maintenance requirements. The uplands project, houses a Canada Border Service Agency inspection facility, a Welcome Centre and the Port’s new corporate offices. Nanaimo Port Authority is working with the cruise lines to welcome more cruise ships annually to Nanaimo. For more information, contact the Nanaimo Port Authority at (250) 753-4146.
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BC Ferries Water transportation services provide a vital link between Vancouver Island and the mainland. Regularly scheduled ferry service is available between Nanaimo and Vancouver. There are two primary ferry terminals in Nanaimo, operated by the British Columbia Ferry Services Inc. The Departure Bay terminal serves the Nanaimo to Horseshoe Bay route, while the Duke Point terminal in the city’s south end serves the Nanaimo to Tsawwassen route. Reservations are possible. Crossing time ranges from 1 hour 35 minutes to 2 hours, depending on the route. There are 16 scheduled sailings daily. The ferries are capable of carrying about 360 vehicles (including trucks and commercial vehicles) and over 1,400 passengers. In 2015-16, more than 4.89 million passengers and 1.85 million vehicles travelled between Nanaimo and Vancouver. (BC Ferries fiscal year runs from April 1 to March 31st of each year.) In 2008, two brand new vessels, the Coastal Renaissance and Coastal Inspiration were introduced on the Departure Bay to Horseshoe Bay and Duke Point to Tsawwassen routes. The new ships are the largest double-ended ferries in the world, carrying 370 vehicles and 1650 passengers across the Strait of Georgia. Figure 30: Nanaimo - Vancouver Ferry Traffic Total BC Ferry Traffic Nanaimo/Vancouver Fiscal year April 1 - March 31st 4,000,000 3,200,000 2,400,000 1,600,000 800,000 Tsaw. Pass Tsaw. Vehicles HB Passengers HB Vehicles
2010-11 1,481,969 631,603 3,465,011 1,225,079
2012-13 1,396,232 597,137 3,340,199 1,273,234
2012-13 1,374,878 593,136 3,310,473 1,269,976
2013-14 1,357,799 592,435 3,315,156 1,165,807
2014-15 1,393,271 610,229 3,286,455 1,156,282
2015-16 1,482,019 653,986 3,409,340 1,205,664
Source: British Columbia Ferries Corporation
Ground Transportation Public Transit Nanaimo Regional Transit is the first transit system in B.C. to make the switch to compressed natural gas. CNG burns cleaner than diesel, and engines running on natural gas operate much quieter. The RDN Transit System provides both regular transit (Conventional transit) and
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handyDART (Custom transit) service. RDN Transit is an integrated system with service in urban centres and rural areas, providing dedicated connections to shopping, educational and recreational facilities. Public transit is provided by Nanaimo Regional Transit System with service between 6:40 am and 11:00 pm. Buses run every 15 minutes during peak hours on core runs, and every half-hour during off-peak times. For more Information contact Public Transit Nanaimo Area: 250-390-4531 www.rdn.bc.ca. There are many options for ground transportation per chart below.
TAXES & FEES Municipal Tax Rates Overall tax rates in Nanaimo are lower than similar sized cities such as Prince George and Kamloops. For residential and Business class Nanaimo’s tax rate was below Prince George but above Kamloops. Major and light industrial tax rates are significantly lower in Nanaimo than both Kamloops and Prince George. Table 24: Municipal Tax Rates
Nanaimo 2013
2014
Kamloops 2015
2013
2014
Prince George 2015
2013
2014
2015
Residential
9.1
9.5
9.5
8.4
8.6
8.7
12.2
12.1
11.9
Utilities
62.9
65.0
66.3
57.2
57.1
57.0
58.3
58.0
58.1
Supportive Housing
6.8
7.2
7.2
6.0
6.2
6.3
9.1
9.1
9.0
Major Industry
24.7
25.0
24.7
88.0
88.1
87.9
56.4
53.7
57.4
Light Industry
29.0
24.6
24.4
38.2
34.4
29.8
39.8
35.6
35.4
Business/other
23.7
23.9
23.7
22.9
23.0
22.1
24.7
24.8
24.6
Managed Forest Land
29.7
32.2
30.8
20.4
21.1
21.2
13.8
13.8
13.3
Recreation/ Non profit
14.4
14.7
14.7
16.7
17.4
17.4
12.5
12.5
12.2
Farm
8.2
8.3
8.3
20.5
20.8
21.0
13.1
13.2
13.2
Total
208.5
210.3
209.6
278.3
276.7
271.4
239.9
232.8
235.1
Source: Ministry of Community, Sport & Cultural Development Note: Tax rates are per $1,000 of assessed value
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Business Licenses All businesses in the city are required to have a valid business license. Fees vary depending on the type of business. For more information, contact the Business Licensing section at 250-755-4482 or http://www.nanaimo.ca/ Development Fees The City of Nanaimo regulates land use and development within the city boundaries. The City charges fees to offset the cost of processing development applications, and to recover a portion of the cost of new development. For more details on Development Fees call the Development Services Department at 250-755-4429 or visit the City of Nanaimo website at www.nanaimo.ca Table 25: Corporate Income Tax, Personal Income Tax & Sales Tax
Corporate Income Tax General Tax Rate
Small Business Tax Rate
Federal
15.0%
11.0%
Provincial
11.0%
2.5%
Source: Canada Revenue Agency (Federal), Ministry of Finance (Provincial)
Personal Income Tax
Earned Income Rate
Capital Gains
Unearned Income
Federal
15.0% - 29.0%
7.5% - 14.5%
N/A
5.06% - 16.80%
N/A
N/A
Provincial
Source: Canada Revenue Agency (Federal), Ministry of Finance (Provincial)
Sales Tax Sales Tax
Tax Rate
Federal General Sales Tax (GST)
5.0%
Provincial Sales Tax (PST)
7.0%
Source: Canada Revenue Agency (Federal), Ministry of Finance (Provincial)
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Payroll Costs Table 26: Social Insurance (Canada Pension Plan) Amount Maximum Pensionable Earnings ($) Contribution Rate (%) Maximum Annual Employer Contribution ($ Per Employee)
$ 54,900 4.95% $ 2,544.30
Source: Canada Revenue Agency, 2016, http://www.cra-arc.gc.ca/tx/bsnss/tpcs/pyrll/clcltng/cpp-rpc/cnt-chrt-pf-eng.html Notes: Rates set by employer’s business activity.
Table 27: Unemployment Insurance Amount Average Rate Among Employers (%)
55%
Maximum Weekly Benefit ($)
$524
Taxable Base ($)
Gross Payroll
Source: Service Canada, 2016, http://www.servicecanada.gc.ca/eng/ei/types/regular.shtml#section3 Notes: Percentage based on percentage of weekly insurable earning. Maximum yearly insurable earnings is $49,500.
Table 28: Workers Compensation Amount Average Cost For All Manufacturing Per $100 Payroll ($)
$2.56
Average Rate For Office Workers ($)
$2.56
Maximum Weekly Benefit ($)
$1,056.86
Source: WorkSafeBC, 2016, http://www.worksafebc.com/claims/worker_benefits/wage_loss_benefits/net_compensation/ default.aspv Notes: Ratings by industry apply to all workers in that industry, regardless of occupation. Rates for Business Services range from $0.10 to $1.20 per $100 of payroll (average $0.39) Rates apply to maximum gross earnings of C$80,600 per year per employee. (2016)
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UTILITIES Local levels of government provide water, sewer, landfill, and recycling services, while electricity is provided by BC Hydro, a provincial Crown corporation. Natural gas distribution is provided by Fortis BC, a private company. Electricity & Natural Gas The new Clean Energy Act consolidated BC Hydro and BC Transmission Corporation, as of July 5, 2010, to provide a single entity that plans and delivers the clean energy required to meet British Columbia’s growing demand for electricity while fostering job creation throughout the province and helping reduce greenhouse gas emissions. BC Hydro, a crown corporation, operates 31 hydroelectric facilities and three thermal generating plants, totaling 12,000 megawatts (MW) of installed generating capacity. BC Hydro has a network of over 18,500 kilometres of transmission lines and 57,648 kilometres of distribution lines. This network also includes approximately 300 substations, 900,000 utility poles and 325,000 individual transformers. The system connects with other transmission systems in Alberta and Washington State to improve the overall reliability of our system and provide opportunities for trade. Table 29: Electric Power Provider
Website
Small Service Rate
Medium Service Rate
Large Service Rate
FortisBC Inc.
http://fortisbc.com
0.091/kWh
0.066/kWh
0.065/kWh
British Columbia Hydro and Power Authority (BC Hydro)
http://bchydro.com
0.101/kWh
0.102/kWh
0.072/kWh
Source: BC Ministry of International Trade research, 2016
Note: Published rates are estimates only. See individual utility for quotes at required service level. Fortis BC provides electricity, natural gas, propane, and integrated energy solutions such as geothermal and district energy. As an integrated energy solutions provider, FortisBC owns and operates four regulated hydroelectric generating plants, approximately 7,000 kilometres of transmission and distribution power lines and approximately 47,000 kilometres of natural gas transmission and distribution pipelines.
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Table 30: Natural Gas Provider FortisBC Inc.
Website www.fortisbc.com
Industrial Rate
Interruptible Rate
$5.29/GJ
$5.76/GJ
Source:Â BC Ministry of International Trade research, 2016 Note: Published rates are estimates only. See individual utility for quotes at required service level.
Water & Sewer The watershed to the north of Nanaimo consists of two engineered dams. The upper dam, built in the 1970’s is earth filled and stores 3.5 billion gallons of water and feeds a lower, concrete intake dam built in 1930 which impounds 400 million gallons. The water supply mains have a capacity of 54 million gallons per day within the City boundaries. Twenty million gallons are stored in seven reservoir sites within the City limits. There are in excess of 50 pressure reducing stations to maintain normal pressures and seven pump stations to boost the pressure to higher elevations.
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There are two chlorinating facilities. The water is classified as ‘soft’. The waterworks main supply is owned by The Greater Nanaimo Water District. The distribution system is owned by the City of Nanaimo and consists of 157 km of storm sewers, 443 km of sanitary sewers and 418 km of water mains. The service is designed to meet the needs of a population of 90,000. A new water reservoir in north Nanaimo has been constructed, and plans for a pump station are underway to provide for future growth. The Greater Nanaimo Water Pollution Control Centre has undergone significant upgrading since it was completed in 1973. With the addition of sedimentation tanks, circulating pumps and solid dewatering and belt filter presses, the site can now accommodate an annual flow from 240,000 people, an increase from 55,000 in its original design. For information about sewer or water levies, contact the City of Nanaimo Finance Department at 250-754-4251. Garbage Disposal & Recycling The Nanaimo Regional District operates a landfill site south of the city. The City of Nanaimo provides weekly residential garbage collection and disposal services, and bi-weekly collection of certain recyclables. City garbage services are not extended to businesses. Businesses contact garbage and recycling collection and disposal to private operators.
TELECOMMUNICATIONS & MEDIA Telecommunications The City of Nanaimo is well served by the national and local telecommunication providers. High speed and high capacity voice and data services are available within the community, as well as to anywhere in the world. Nanaimo is serviced by multiple data cables leading off the island, and thereby ensuring that your business connections are reliable and always available. Telus, Bell, Shaw and Allstream all provide a full suite of services in Nanaimo. Each of these national companies can meet all your voice and data requirements. In addition to these established organizations, you will find many smaller competitive companies that can also provide similar services from your business. High speed internet connectivity is available throughout the City. The downtown area of Nanaimo is exceptionally well serviced. Gigabit Internet speed is available from multiple providers and 3G wireless speeds are available from both national networks.
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Free wireless hot spots can also be found around the City. The City of Nanaimo has partnered with several other organizations to provide limited free wireless in the downtown area, in the harbor and along the waterfront to the BC Ferries Departure Bay terminal. Nanaimo is a 911 service area. This emergency service is available through all wire line and wireless telephony providers. Telus Telus operates a comprehensive network of copper and fibre optic lines throughout the City to serve residential and business customers. In addition, they provide cellular coverage of the city through a network of tower sites that support the latest 3G (HSPA) wireless communication speeds. Telus provides full voice and data services from its office located in downtown Nanaimo at 400 Fitzswilliam Street. Voice service rates range from single business line to full PBX with PRI connections. Internet connectivity is provided for residential, SMB (Small, Medium size Businesses) and large organizations with ADSL and dedicated high-speed internet lines. For additional information, contact Telus at 1-888-811-2828. Shaw Shaw has become a significant provider of voice and data services and they provide this full service in Nanaimo. They have complete coverage of the City with their co-axial and fibre optic cabling network. They also have a full service state-of-the-art production facility in Nanaimo. Shaw provides internet and telephone service to residential customers and SMBs. Additional information about these and other services can be obtained directly from Shaw at 250-760-1999. Allstream Allstream provides limited services in Nanaimo, focused primarily on data communications and support services. They will provide Internet connectivity for your business, as well as service for your telephony and data processing equipment. For more information, contact Allstream at 1-888288-2273 Bell Bell provides full data and voice communications services in Nanaimo, focusing primarily in the downtown core. They can provide for your fully wire line and wireless voice needs, and share the 3G high-speed wireless service with Telus. For more information about Bell service, contact them directly at 1-800-561-0934. Rogers Rogers Communications is a leading provider of Wireless service in Nanaimo. They are supported through their retail outlets and business customer service agents. For more information, contact Rogers directly at 1-800-980-5464.
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Table 31: Local Media Newspaper Nanaimo News Bulletin Affiliation: Black Press 777 Poplar Street Nanaimo BC V9S 2H7 Tel: (250) 753-3707 Email: through website Website: www.nanaimobulletin.com
Gabriola Sounder Affiliation: Independent PO Box 62, 1-510 North Rd Gabriola Island, BC V0R 1X0 Tel: (250) 247-9337 Email: through website Website: www.soundernews.com
Time Colonist Affiliation: Glacier 2621 Douglas Street Victoria, B.C. V8T 4M2 Tel: (250) 380-5211 Email: through website Website: www.timescolonist.com
Business Vancouver Island 2-A, 2575 McCullough Road Nanaimo, BC, V9S 5W5 Tel: 1-866-758-2684 Email: shawn@businessvi.ca Website: businessvi.ca
Magazines Downtown Nanaimo Magazine Affiliation: Independent 88 Wharf Street Nanaimo BC V9R 2X3 Tel: (250) 741-8801 Email: nanaimomagazine@shaw.ca Website: www.downtownmagazine.ca
Business Examiner Vancouver Island 2-A, 2575 McCullough Road Nanaimo, BC, V9S 5W5 Tel: 1-866-758-2684 Email: shawn@businessvi.ca Website: businessvi.ca
Television Shaw TV -Central Vancouver Island Affiliation: Shaw Communication 4316 Boban Drive Nanaimo, BC V9T 6A7 Tel: (250) 760-1974 Email: nanaimotv@shaw.ca Website: shaw.ca/ShawTV/Nanaimo
CTV Vancouver Island News Affiliation: CTV Globe Media 1420 Broad Street Victoria, BC V8W 2B1 Tel: (250) 381-2484 Email: islandcontactus@ctv.ca Website: vancouverisland.ctvnews.ca
CHEK NEWS Affiliation: CHEK 6 780 Kings Rd. Victoria, BC V8T 5A2 Contact: through website Website: www.cheknews.ca
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Radio Island Radio Affiliation: Island Radio & Jim Pattison Broadcast Group 4550 Wellington Road Nanaimo, BC V9T 2H3 Tel: (250) 758-1131. Email: info@islandradio.bc.ca Website: www.islandradio.bc.ca 102.3 FM The Wave is 106.9 FM The Wolf 88.5 FM The Beach 99.9 FM The Lounge
101.7 FM CHLY Affiliation: Radio Malaspina Society #2, 34 Victoria Cres. Nanaimo, BCV9R 5B8 Tel: (250) 716-3410 Website: chly.ca Coast Radio News- 91.7 Coast FM Affiliation: Vista Radio 200-15 Commercial St. Nanaimo, BC, V9R 5G8 Tel: (250) 754-9170 Email: through website Website: www.917coastfm.com
EDUCATION & TRAINING Vancouver Island University Vancouver Island University (VIU) offers diverse, comprehensive range of post-secondary programming that includes access to programs through web-based and on-line instruction, as well as certificates, diplomas, degrees and a masters program all designed to meet the diverse needs of the region. The programs provide training in academic, vocational, and technical fields and range from basic literacy to university degrees. Bachelor Degrees are offered in virtually every discipline and Master’s degrees are offered in Business Administration, Education in Educational Leadership, Education in Special Education and Arts in Sustainable Leisure Management. VIU has a main campus in Nanaimo and three other campuses in Cowichan, Parksville/Qualicum and Powell River. The physical infrastructure at VIU’s Nanaimo campus has undergone significant change and includes a new international building, a new state-of-the-art library, a new faculty of management building, a centre for shellfish research and a $13.2 million student residence expansion. VIU has established strong international ties with post-secondary institutions, government, trade and industry organizations in 42 countries around the world. VIU has grown into an educational, social, cultural and economic hot spot within the community, serving thousands of visitors each day. The Nanaimo campus not only provides and lends support to potential and current students, they also provide venues for cultural events, theatrical productions, sporting events,
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community celebrations and a wide range of other diverse activities that support the cultural diversity of the local community. Vancouver Island University has seen consistent growth in enrolment of international students. Domestic Student enrolment has been declining slightly over the last few years. VIU graduates are a constant source of talent for area employers. In 2014-15 academic year 3,340 students were awarded credentials. Figure 31: VIU Student Enrolment
VIU Student Enrolment by Academic Year 18,000 17,000 16,000 15,000 14,000 13,000 12,000 11,000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 -
2011-12
2012-13
2013-14
2014-15
15,580
15,970
15,325
14,045
International Students
1,625
1,840
1,885
2,130
Total Students
17,205
17,810
17,210
16,175
Domestic Students
Source: Ministry of Advanced Education Academic Year: September 1 to August 31
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Figure 32: VIU Credentials Awarded VIU Credentials Awarded 2014-15 (Academic Year) 1,000 950 900 850 800 750 700 650 600 550 500 450 400 350 300 250 200 150 100 50 -
Students
Graduate & First Professional
Bachelors
Diploma
Certificate
Developmental
365
795
360
970
850
Source: Ministry of Advanced Education
Graduate and First Professional category includes Doctorate, Masters Degree, Graduate Diploma, Graduate Certificate, Post-degree Certificate and First Professional Degree.
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Discovery Community College Discovery is a professional private college located in Campbell River on Vancouver Island, with satellite campuses in Nanaimo, Port Alberni, Cumberland and Qualicum. Discovery is registered with and fully accredited by the Private Career Training Institutions Agency of British Columbia, formally PPSEC, since 1996. Since its inception in 1989, Discovery has provided programs that meet the needs of the current labour market. Undergraduate Programs Offered: Certificate and Diploma Programs offered in Residential/Home Care Attendant, Community Support Worker, Dental Assistant, Medical and Dental Office Series, Practical Nurse Access, Business Management Series, Medical and Dental Office Series, Construction-Forming and Framing, Construction Interior Finishing & Renovations, Carpentry Level II. Graduate Programs Offered: N/A
Sprott-Shaw Community College Sprott-Shaw was established in 1903, with a new stateof-the-art campus opened in 1998 located in the heart of Nanaimo. Known as a premiere Canadian career college in Nanaimo and British Columbia, Sprott-Shaw provides a friendly rewarding learning environment, in one convenient location, with all the services and amenities you would expect from larger college campuses. Undergraduate Programs Offered: Degree Programs include Business Administration, Pre-Master of Business Administration, and Adv. Diploma in Business Administration. Diploma & Certificate Programs include studies in Business, Health Sciences & Social Development, Trades & Applied Technology, International Studies and Accelerated Programs in Business Management and E-Commerce. Graduate Programs Offered: N/A Source: www.sprottshaw.com
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Tamagawa Tamagawa Nanaimo is the non-profit satellite facility of Tamagawa Gakuen, a highly esteemed and private K-12 Academy and University located in Tokyo, Japan. Modeled on the original Tamagawa philosophy of “Zenjin” (“whole-person”) education, Tamagawa Nanaimo is a privately-owned campus that supports all educational endeavors and pursuits, whether from the local populace or international communities, Tamagawa’s doors are always open. Located on a stunning 84 acres in south Nanaimo, it is also a retreat centre for seminars, private events, team projects and group retreats. Academy of Learning The Academy of Learning, a Career and Business College offers career training that prepares students for the workplace immediately. Their presence is global and they have programs that allow students the flexibility to educate themselves in their own time according to their convenience. The Academy of Learning is associated with several prestigious universities and institutions to bring the finest quality education to its students. Research Vancouver Island University has 156 faculty members who hold PhD’s in a variety of disciplines, providing a pool of expertise for the community. Below is a list of Research Centres, Institutes and Facilities available through VIU. Centres, Institutes and Labs Applied Environmental Research Laboratory (AERL)
Institute For Coastal Research
Alexandro Malaspina Research Centre
International Center For Sturgeon Studies
Brain Electrophysiology and Neuropsychology Lab
Literary Theory Research Group
Centre for Community Outreach and Care Centre for Coastal Health Centre for Education and CyberHumanity
Institute of Practical Philosophy
Media Research Lab (MRL) MeTA Digital Humanities Lab Mount Arrowsmith Biosphere Region
Centre for Healthy Communities Research
Outreach Centre for Healthy Aging and Community-Engaged Scholarship
Centre for Shellfish Research
Resilience Research Lab
Fraud & Ethics Research & Education Centre
VIU@Cowichan Innovation Lab
Humanities Interdisciplinary Research Group
World Leisure Centre of Excellence in Sustainability and Innovation
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Facilities Deep Bay Marine Field Station Centre for Shellfish Research Facility Another large research facility that adds to Nanaimo’s education infrastructure is the Pacific Biological Station. The Pacific Biological Station is the principal research centre for the Department of Fisheries and Oceans Canada, with expertise in fisheries management, population, disease, marine mammals, and aquaculture. The station employs approximately 180 people, including nearly 50 PhD’s. The station provides a nucleus of expertise that benefits fisheriesrelated private sector activities. Public Schools Nanaimo’s public schools are administered by the District 68 School Board which serves Nanaimo and Ladysmith. There are currently 29 elementary schools (kindergarten to grade 7), six secondary schools (grades 8 to 12). French immersion programs are offered at four elementary schools and one secondary school. The school district is one of the largest employers in the region employing 2,000 staff. The School Board’s annual operating budget is approximately $132.5M, of which $118.2 million is the operating budget. In addition to the provincial government curriculum, the District has a number of special programs, including an outstanding music program, work experience and career preparation, a modern languages program which includes French and Japanese and computer lab facilities. Public School Enrolment Elementary school enrolment has been increasing in recent years, signalling younger families moving into the region. Overall K-12 enrolment has declined compared to five years ago by 3.8%.
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Figure 33: School District 68 Enrolment
School District 68 Enrolment 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 -
2011-12
2012-13
2013-14
2014-15
2015-16
Elementary
7,626
7,540
7,701
7,758
8,010
Secondary
6,491
6,312
6,074
5,852
5,635
Source: Ministry of Education
Private Schools Nanaimo is also home to three private schools offering elementary and high school programs. For further information, please contact the schools directly. Nanaimo Christian School (250) 754-4512 www.nanaimochristianschool.ca Aspengrove School (250) 390-2201 www.aspengroveschool.ca Nanaimo Montessori School (250) 753-0649 www.nanaimomontessorischool.org
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Secondary School Outcomes On average over the past five years, 946 students per year graduated from Nanaimo Secondary Schools. Nanaimo’s six year secondary school completion rate has been consistently below that of BC in the last decade, but has been increasing since 2010/11. Six year completion rate is the proportion of students who graduate with a BC Certificate of graduation or BC adult graduation diploma within six years from the first time they enrol in grade 8. Secondary school completion and transition to post-secondary is important to the development of a skilled labour force. Figure 34: Secondary School Six-year Completion 90.0 Nanaimo
BC
85.0 80.0 75.0 70.0 65.0 60.0
2005/06
2007/08
2009/10
2011/12
2013/14
Source: Ministry of Education
Table 32: Secondary School Six-year Completion Â
2008/09
2009/10
2010/11
2011/12
2012/13
2013/14
2014/15
44,724
45,951
45,563
46,317
45,817
44,696
43,390
79.2
79.7
81
81.8
83.6
84.2
83.9
Graduates
1023
1,037
1,032
971
928
969
827
6-Year Completion Rate
71.1
68.2
69.6
71.6
72.3
72.5
73.2
BC Graduates 6-Year Completion Rate Nanaimo*
Source: Ministry of Education
*School District 68-Nanaimo/Ladysmith
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GOVERNMENT & COMMUNITY SERVICES City Hall The City of Nanaimo is administered by Mayor Bill McKay and eight Council members. Municipal elections are held every four years, with the next election to be held in November 2018. City departments include Engineering, Public Works, Development Services, Finance, Community Safety, Parks Recreation and Culture and Administration. For additional information on City Hall, please visit http://www.nanaimo.ca/ or call (250) 754-4251. Public Safety Policing services are provided by the Royal Canadian Mounted Police (R.C.M.P.). There are approximately 186 R.C.M.P. officers serving the Nanaimo area of which 142 positions are funded by the City of Nanaimo. Fire Protection Fire protection is provided by the City of Nanaimo Fire Department from five fire stations located around the city. There are 81 full-time firefighters and 37 paid on-call firefighters. Recreation & Culture Nanaimo offers a variety of recreational activities. The City’s Parks, Recreation and Culture Department provides a comprehensive year-round program of activities for residents of all ages and interests.
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Nanaimo boasts over 200 parks, 63 playgrounds, 4 public beaches, 20 picnic areas, 3 pools, 4 indoor ice rinks and 3 golf courses. Residents can enjoy a leisurely stroll along the waterfront sea wall, or a vigorous hike up Mount Benson. Newcastle Island, the charming provincial park just off the shores of downtown Nanaimo, is a popular summertime picnic and camping area. Buttertubs Marsh, in the heart of the city, is a wonderful place to view waterfowl and learn about our delicate ecosystem. Neck Point Park is a 14.5-hectare waterfront park known for its views and natural features. The park has a vast trail system of varying lengths and difficulty and offers a number of amenities including picnic areas, viewpoints and lookouts. The Linley Valley is a 5.8-hectare undeveloped park recently acquired by the City of Nanaimo. The Nanaimo Area Lands Trust contributed $500,000 of the $2 million purchase price as a result of a community fundraising campaign that saw over 1,100 donors. The City of Nanaimo contributed the additional $1.5 million. The Linley Valley contains many old growth trees, open meadows and wetlands. Residents enjoy the informal walking trails, the beautiful scenery and the abundance of wildlife. During the late fall and early winter months, Nanaimo becomes home to thousands of Stellar and California sea lions; bald eagles grace our skies throughout the year. Nanaimo has a growing community of musicians, dance companies, museums, artists, as well as several active community theatre groups and a symphony orchestra. Residents enjoy a variety of entertainment throughout the year. Library Nanaimo has three branches of the Vancouver Island Regional Library. The Central Reference Service is also located in the Nanaimo Harbourfront branch. About 1 million books, magazines, videos, cassettes, newspapers and other material are available in the branches or through interbranch request service. Each branch also offers access to the Internet and other electronic information sources. Vancouver Island Regional Library Locations: 90 Commercial Street – 250-753-1154 3032 Barons Road – 250-758-5544 6250 Hammond Bay Road – 250-758-4697 http://virl.bc.ca/ Healthcare The Nanaimo Regional General Hospital (NRGH) is a regional referral hospital located in the central health services delivery area of the Vancouver Island Health Authority (VIHA) with a fully modern 409 bed facility. Services include surgery, maternity, pediatrics, intensive care, rehabilitation, psychiatry and extended care. Outpatient services include radiology, laboratory
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diagnostics, diabetes education centre, the Nanaimo Cancer Centre, pacemaker clinic, among others. NRGH’s existing building is 35550 m2 they are planning for an expansion to 54, 390 m2 by 2021, this is an increase of 35% in capacity to meet required demand. This expansion will be done in 6 phases. The hospital is served by approximately 435 doctors (153 General Practitioners, 126 Medical Specialists, 156 Other Health Practitioners) from around the area. The catchment area for NRGH is the central and north island, which represents approximately 300,000 people. For more information about NRGH, please contact: Nanaimo Regional General Hospital (250) 754-2141 http://virl.bc.ca/
Table 33: Medical Clinics Nanaimo
Anchor Family Medicine 1450 Waddington Road (250) 754-5545
Brickyard Clinic 6010 Brickyard Road (250) 390-5200
Caledonia Clinic Ltd 340 Campbell Street (250) 753-3202 caledonianclinic.ca
Family Practice Clinic 2778 - 104th Street (250) 758-1711
Medical Arts Centre 103-650 Terminal (Port Place Mall) (250) 753-3431 medicalartscentre.com
Medicine Cabinet Medical Clinic 2-3188 Barons Rd (250) 751-7850
Seafield Surgical Centre 6-1179 Seafield Crescent (250) 741-0200
Southgate Medical Office 1151 Lawlor Street (250) 754-3218
Wellington Medical Clinic 3200 Island Hwy Nanaimo (250) 753-9111
Townsite Medical Clinic 512 Campbell Street 250-453-5665 townsitemedicalclinic.ca
Bayview Medical Clinic 102-1650 Terminal Avenue North 250-591-3040 bayviewmedicalclinic.ca
North Nanaimo Medical Clinic 195-4750 Rutherford Road 250-585-7100 nnmc.ca
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Appendix A Nanaimo Health Area Population Projections Year
0-19
20-29
30-44
45-64
65-79
80+
Total
2016
20,437
14,421
19,189
31,614
17,836
6,543
110,040
2017
20,506
14,591
19,704
31,448
18,616
6,725
111,590
2018
20,737
14,561
20,409
31,129
19,383
6,913
113,132
2019
21,009
14,437
21,164
30,936
20,010
7,117
114,673
2020
21,311
14,257
21,992
30,741
20,635
7,287
116,223
2021
21,762
13,922
22,777
30,443
21,330
7,536
117,770
2022
22,136
13,560
23,785
30,234
21,759
7,839
119,313
2023
22,461
13,268
24,621
30,062
22,253
8,173
120,838
2024
22,847
12,968
25,377
30,160
22,464
8,525
122,341
2025
23,230
12,684
26,014
30,150
22,874
8,874
123,826
2026
23,584
12,589
26,403
30,177
23,334
9,197
125,284
2027
23,945
12,475
26,787
30,313
23,360
9,838
126,718
2028
24,193
12,558
26,990
30,603
23,505
10,279
128,128
2029
24,416
12,673
27,133
31,018
23,532
10,740
129,512
2030
24,605
12,860
27,382
31,350
23,451
11,221
130,869
2031
24,871
13,073
27,423
31,823
23,350
11,650
132,190
2032
25,071
13,251
27,494
32,396
23,214
12,055
133,481
2033
25,294
13,343
27,471
33,114
22,999
12,528
134,749
2034
25,387
13,653
27,311
33,826
22,915
12,899
135,991
2035
25,524
13,902
27,106
34,606
22,821
13,260
137,219
2036
25,639
14,161
26,930
35,335
22,659
13,699
138,423
2037
25,741
14,451
26,603
36,376
22,467
13,976
139,614
2038
25,831
14,650
26,438
37,352
22,209
14,308
140,788
2039
25,919
14,831
26,353
38,226
22,186
14,437
141,952
2040
26,005
14,997
26,321
39,030
22,045
14,702
143,100
2041
26,096
15,262
26,364
39,701
21,830
14,993
144,246
(Note: Nanaimo Health Area is the smallest geography for which population projections are available. The Nanaimo CA is generally 96% of Health area population.)
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Appendix B Regional District of Nanaimo Population Projections
Year
0-19
20-29
30-44
45-64
65-79
80+
Total
2016
26,728
17,556
24,661
45,761
30,826
10,957
156,489
2017
26,829
17,909
25,204
45,359
31,921
11,363
158,585
2018
27,086
18,038
26,016
44,705
33,079
11,740
160,664
2019
27,430
18,062
26,862
44,320
33,879
12,174
162,727
2020
27,839
17,941
27,869
43,823
34,748
12,569
164,789
2021
28,400
17,722
28,885
43,190
35,551
13,092
166,840
2022
28,891
17,383
30,073
42,766
36,091
13,672
168,876
2023
29,305
17,094
31,134
42,470
36,559
14,321
170,883
2024
29,797
16,782
32,027
42,488
36,770
14,987
172,851
2025
30,296
16,459
32,829
42,430
37,164
15,612
174,790
2026
30,720
16,364
33,347
42,394
37,577
16,286
176,688
2027
31,188
16,244
33,917
42,425
37,452
17,318
178,544
2028
31,540
16,319
34,275
42,748
37,370
18,108
180,360
2029
31,890
16,429
34,564
43,176
37,227
18,851
182,137
2030
32,189
16,662
34,935
43,543
36,938
19,607
183,874
2031
32,531
16,911
35,168
44,113
36,578
20,261
185,562
2032
32,799
17,190
35,374
44,816
36,180
20,851
187,210
2033
33,118
17,304
35,509
45,645
35,707
21,537
188,820
2034
33,316
17,653
35,494
46,500
35,431
22,001
190,395
2035
33,552
17,958
35,380
47,423
35,126
22,508
191,947
2036
33,761
18,253
35,306
48,316
34,789
23,040
193,465
2037
33,957
18,592
35,060
49,511
34,454
23,393
194,967
2038
34,136
18,839
34,910
50,754
34,081
23,7727
196,447
2039
34,310
19,090
34,830
51,882
33,912
23,888
197,912
2040
34,474
19,327
34,800
52,975
33,634
24,153
199,363
2041
34,644
19,627
34,878
53,950
33,310
24,402
200,811
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