Issuu

2026

SPECIAL REPORT 

FIND THE UNEXPECTED IN CANADA'S PACIFIC PROVINCE  Outlook for Business  8 Economic Regions  Aviation Takes Off  Members Directory

Official Publication

Published By

Grow greener with LED lighting

Supporting B.C. greenhouses BC Hydro offers tailored support and incentives to help greenhouse growers optimize energy efficiency, including lighting system upgrades. By switching to high-efficiency LED lighting, many growers have reported higher-quality crops, improved growing conditions, and increased year-round production. Discover how our Power Smart offers can help your greenhouse stay competitive while reducing operating costs.

Learn more at bchydro.com/customforbusiness

Contents INVEST IN BC 2026

FEATURES 8 Reliable Partner in an Unstable World As the global economy re-aligns, customers prize the stability that British Columbia offers 16 In Diversification We Trust B.C.’s regional economic trusts offer stable, long-term support for key local projects 20 Ready for Takeoff The B.C. aviation industry’s time has come

ECONOMIC DEVELOPMENT REGIONS 22 Mainland/Southwest 30 Vancouver Island/Coast 34 Thompson Okanagan 40 Kootenay 44 Cariboo 48 North Coast/Nechako 52 Northeast

LISTINGS TOP: LNG CANADA; BOTTOM LEFT: CONAIR GROUP INC.; BOTTOM RIGHT: NORTHERN BC TOURISM/MARTY CLEMENS

58 BCEDA Member Organizations

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

INVEST in BC 2 026

2026

SPECIAL REPORT 

FIND THE UNEXPECTED IN CANADA'S PACIFIC PROVINCE  Outlook for Business  8 Economic Regions  Aviation Takes Off

Jenn Kleingeltink

 Members Directory

official publication of the

Official Publication

Published By

p01_Cover_IIBC2026.indd 1

2026-08-26 1:21 PM

ON THE COVER District 1881 in Chilliwack Photograph by Durk Kloosterman/Tourism Chilliwack The BC Economic Development Association acknowledges it carries out its work on the traditional territories of Indigenous nations throughout British Columbia. We pay our respects to the Elders, past and present, descendants and custodians of these lands. We honour the knowledge keepers and the continuing relationships with Indigenous peoples in BC that develop through our work together.

in special partnership with

CEO & GROUP PUBLISHER Ryan Benn GROUP VP, PUBLISHING & OPERATIONS Nina Wagner

EDITORIAL EDITOR Michael McCullough COPY EDITOR Melissa Edwards

BCEDA 2026 PARTNERS DIAMOND

City of Penticton Canadian Red Cross Destination BC Indigenous Services Canada Northern Development PacifiCan PLATINUM

BC Hydro Cando Indigenous Tourism BC ResearchFDI GOLD

Airbnb Co-Operatives First Excellence in Manufacturing Consortium Localintel

SPONSORED CONTENT EDITOR Sandrine Jacquot

DESIGN CREATIVE DIRECTOR Jenny Reed ART DIRECTOR Swin Nung Chai

SALES REPRESENTATION VICE PRESIDENT OF SALES Anna Lee VICE PRESIDENT, CUSTOM PUBLISHING AND AGENCY SERVICES Chad Brealy SENIOR MEDIA SPECIALISTS Brianne Harper, Mira Hershcovitch, Cathy Huygh SALES COORDINATOR Erin Samuda EMAIL sales@canadawide.com

PRODUCTION/ADMINISTRATION GROUP VP, EDUCATION AND ADMINISTRATION Jane Griffiths OPERATIONS MANAGER Emily Heffring DIRECTOR OF CIRCULATION Tracy McRitchie PROCUREMENT MANAGER & BUSINESS SUPPORT SPECIALIST Natasha Jayawardana

SILVER

Business Development Bank of Canada (BDC) CityViz Island Coastal Economic Trust BRONZE

BCBusiness Canadian Association of Petroleum Producers Co-operators Deloitte Executive Pulse Indigetech Meet in Penticton WEBC

4 INVEST in BC 2 0 2 6

ADDRESS Suite 130, 4321 Still Creek Drive, Burnaby, B.C. V5C 6S7 TEL 604-299-7311 FAX 604-299-9188 EMAIL sales@canadawide.com

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

PRIME MINISTER • PREMIER MINISTRE

Message from the Prime Minister of Canada I would like to convey my warmest greetings to the readers of the 2026 edition of Invest in BC magazine. Invest in BC, published by the British Columbia Economic Development Association, provides valuable information on the province’s economic development. I am certain that this year’s edition, featuring profiles on B.C.’s eight economic regions and detailing a wide range of business and investment opportunities, will help business owners and managers make informed decisions. I would like to thank everyone involved with the British Columbia Economic Development Association for their hard work and dedication. You can take pride in your contributions to the province’s economic prosperity. I wish you all continued success.

The Right Honourable Mark Carney Ottawa 2026

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

INVEST in BC 2 0 26

LETTER FROM THE PREMIER

Welcome to British Columbia Welcome to the British Columbia Economic Development Association’s 2026 Invest in BC guide. In this guide, you’ll find a wealth of opportunities to become a part of the success story of British Columbia, Canada’s West Coast gateway to the world. B.C. offers investors a stable and competitive business environment. Our Look West Strategy is supporting more than $88 billion in investment in major projects, with streamlined permitting, tax incentives and concierge services that allow major projects like natural gas infrastructure and mines to move more quickly from proposal to construction. Investors in B.C. can seamlessly access global markets through our worldclass trade and transportation infrastructure, all while benefitting from Canada’s extensive trade agreements, including free trade agreements with every other country in the G7. Companies looking to grow their businesses without increasing their emissions need look no further. B.C. offers an incredible clean energy advantage, with 98 percent of energy generated from renewable sources, and some of the lowest electricity rates in North America. The completion of the North Coast Transmission Line will ensure that enough clean energy is available to power new growth in northwest British Columbia for years to come. Not only does B.C. have a highly skilled domestic workforce, our province is also a magnet for global talent, with 25 public post-secondary institutions, an excellent quality of life and a spectacular natural environment that draws tourists from around the world. B.C. is a good bet, not just because of our competitive business environment, abundant natural resources and world-class infrastructure, but also because of the incredible people who live and work here. The people of B.C. have built strong, vibrant and welcoming communities, where people can succeed regardless of who they are. This year’s Invest in BC guide highlights many of these communities and the opportunities they offer for investors. Honourable David Eby Premier of B.C.

6 INVEST in BC 2 0 2 6

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

MESSAGE FROM THE PRESIDENT AND CEO, BC ECONOMIC DEVELOPMENT ASSOCIATION

Creating Opportunities for People

elcome to Invest in BC 2026, the official publication of the British Columbia Economic Development Association (BCEDA).

British Columbia has long been recognized as one of the world's most desirable places to live, work, and invest. Whether you are considering expanding an existing business, investing in a new venture or exploring new markets, B.C. offers opportunities that are as diverse as the province itself. This publication provides an introduction to British Columbia's eight economic regions, highlighting their strengths, competitive advantages, and investment opportunities. While every effort has been made to provide a broad overview, the true value of British Columbia is best experienced by connecting directly with the people and communities that are shaping its future. Over the years, I have had the privilege of visiting communities in every corner of British Columbia and witnessing first-hand the innovation, resilience and collaboration that define our province. From large urban centres to small rural and Indigenous

communities, there is a shared commitment to creating vibrant economies, supporting local businesses, attracting investment and building places where people and businesses can thrive. At BCEDA, we are proud to support more than 600 members representing local governments, Indigenous communities, economic development organizations, businesses, tourism organizations, regional trusts, educational institutions, financial organizations, Crown corporations and government agencies. Together, we are working to strengthen communities, encourage investment and create partnerships that contribute to long-term prosperity throughout British Columbia. On behalf of BCEDA, thank you for taking the time to explore Invest in BC 2026. We encourage you to connect with our office or with the economic development professionals featured throughout this publication to learn more about the opportunities available. Dale Wheeldon, President and CEO, British Columbia Economic Development Association

MESSAGE FROM THE CHAIR OF THE BOARD, BC ECONOMIC DEVELOPMENT ASSOCIATION

Reach Out to Our Professionals

n behalf of the Board of Directors of the British Columbia Economic Development Association (BCEDA), it is my pleasure to welcome you to the 2026 edition of Invest in BC.

This magazine celebrates the innovation, diversity and opportunity that define British Columbia. Produced in partnership with Canada Wide Media and BCBusiness Magazine, it highlights the people, communities and industries that are driving economic growth. British Columbia's economy is built on a strong foundation of natural resources, advanced manufacturing, clean energy, technology, agriculture, tourism, transportation, education, life sciences and creative industries. Combined with a highly educated workforce, modern infrastructure, stable business environment and strategic location on the Pacific Rim, our province provides exceptional opportunities for businesses looking to grow. Behind every successful community is a commitment to thoughtful, sustainable economic development. Across British Columbia, local governments, Regional Districts, Indigenous communities and economic development organizations work together to create

environments where businesses can succeed while enhancing the quality of life for residents. BCEDA is proud to support these efforts by providing professional development, education, networking opportunities, advocacy and practical resources for economic development professionals throughout the province. Together, our members share knowledge, build partnerships and help communities respond to new opportunities and emerging challenges. One of the greatest strengths of British Columbia is the dedication of the economic development professionals working in communities across the province. They understand their local economies, recognize emerging opportunities and serve as trusted partners for businesses and investors. I encourage you to reach out to the communities that interest you. Their teams are ready to help you navigate opportunities and connect you with the resources you need to succeed.

Rocio Zielinkski, Chair, British Columbia Economic Development Association

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

INVEST in BC 2 0 26

B.C. OUTLOOK

RELIABLE PARTNER IN AN UNSTABLE WORLD As the global economy re-aligns, customers prize the stability that British Columbia offers.

CREDITS

BY T.W. HON

8 INVEST in BC 2 0 2 6

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

LIFELINE: LNG Canada (right and below) is soon to be joined by more energy export facilities

TOP AND LEFT: LNG CANADA

CREDITS

mong the casualties of renewed conflict in the Persian Gulf this year was Qatar’s Ras Laffan Industrial City, the world’s largest liquified natural gas (LNG) production plant. Whether or not the country is able to export LNG by tanker through the contested Strait of Hormuz in the months to come, Qatari officials say lasting battle damage will diminish production for years. That has left natural gas importers in Asia feeling nervous. India’s restaurateurs began rationing cooking gas, removing slow-simmering gravies and dosas from menus. In South Korea, where imported LNG fuels a quarter of the country’s electricity generation, the government encouraged its citizens to take shorter showers as an act of patriotism. It also restructured electricity pricing for the nation’s keystone industrial sectors. As they look toward the long term, leaders in Seoul, Tokyo, Taipei and Beijing have activated or accelerated plans to lessen their dependence on geopolitically risky Gulf suppliers for fuel. One ready alternative is LNG from British Columbia. Production at LNG Canada, the country’s first LNG export facility, reached 1 million metric tonnes per month for the first time in April 2026. The terminal, located in Kitimat on B.C.’s North Coast, exported its first cargo to South Korea in the summer of 2025. AN ISLAND OF CALM IN A TURBULENT SEA A world in flux has cast a spotlight on B.C.’s economic advantages. Canada is a stable democracy. Its West Coast ports offer shipping routes that are free from chokepoints and are closer to Asia compared to LNG terminals in the Gulf of Mexico or Qatar. But the 2026 “Third Gulf War” isn’t the only global event turning

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

PROVINCIAL FORECAST (MAY 2026)

REAL GDP GROWTH

1.7%

1.8%

2027

2028

0.7% 2026

EMPLOYMENT GROWTH 2026

0.1%

2027

0.6%

2028

1.0%

POPULATION GROWTH 2026

-0.8%

2027

0.3%

2028

0.8%

CONSUMER PRICE INDEX

2.3% 2.0% 2.0%

2026

2027

2028

SOURCE: CENTRAL 1 ECONOMICS

INVEST in BC 2 026

B.C. OUTLOOK

investors and customers toward B.C. And they’re not just coming to buy natural gas. They’re also coming for B.C.’s mines and minerals. B.C.’s economy showed unexpected strength in 2025, according to a Statistics Canada report released in May 2026. Real GDP growth reached 2 percent, exceeding the national average of 1.6 percent and beating the 1.4-percent growth forecast by Deloitte Canada. According to Statistics Canada, oil and gas extraction, as well as mining and quarrying, were the biggest contributors to B.C.’s GDP growth, with 7.3 percent and 9.4 percent growth, respectively. The multitrillion-dollar race to build artificial intelligence infrastructure is stoking demand for copper wiring, sending global prices for the metal to all-time highs. Here in B.C., mining exploration spending soared to a record $751 million in 2025, according to EY’s British Columbia Mineral and Coal Exploration Survey. Copper exploration spending surpassed gold for the first time ever. Some of B.C.’s minerals are used in strategically important industries like aerospace, defence and electric vehicle manufacturing, which are all vulnerable to Chinese domination. In February 2026, Canada’s federal government announced

B.C.’S ECONOMIC DEVELOPMENT REGIONS CARIBOO KOOTENAY MAINLAND/SOUTHWEST NECHAKO NORTH COAST NORTHEAST THOMPSON OKANAGAN VANCOUVER ISLAND/COAST

10 INVEST in BC 2 0 2 6

a Defence Industrial Strategy that takes action to increase the production, stockpiling and procurement of these minerals. The federal and provincial governments are supporting both the energy and minerals sectors by fast-tracking project approvals and providing financial and tax incentives. They are also co-funding electrical transmission system upgrades and connections to remote sites. In May, for example, Natural Resources Canada announced more than $100 million in funding for five B.C.-based mining projects. That includes up to $50 million to upgrade BC Hydro’s regional power transmission system to support Teck Resources’ Highland Valley Copper Mine Life Extension Project near Kamloops. LONG-TERM VISION Major projects like these take years to come online and start producing for customers abroad. LNG Canada’s investors, which include Asian participants Korea Gas Corporation, Mitsubishi Corporation, Petronas and PetroChina Company Limited, bought their stakes in the joint venture in 2018. In January 2026, B.C. Premier David Eby laid some groundwork for future

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

TOP LEFT, CLOCKWISE: LNG CANADA; SHUTTERSTOCK/EVGENY_V; ADOBE STOCK; NORTHERN BC TOURISM/MATTIAS FREDRIKSSON

WHAT THE WORLD NEEDS: LNG vessel plies Douglas Channel on the North Coast (top left); critical minerals projects are ramping up (top right); Two Peaks Brewing in Kitimat (bottom)

investment on a trade mission to India. At stops in New Delhi, Mumbai and Chandigarh, he and his team highlighted B.C. as a reliable partner with opportunities in LNG, hydrogen, critical minerals, sustainable wood products and other technologies. LNG Canada’s maximum capacity of 14 million metric tonnes per annum can’t replace the roughly 81 MTPA Qatar exported before the recent war with Iran. But two more B.C. terminals— Woodfibre LNG in Squamish and Cedar LNG in Kitimat—are under construction and scheduled to begin shipping by 2028. LNG Canada is also nearing a final investment decision on a proposed a second phase that would double its original capacity to 28 MTPA, while Ksi Lisims LNG has a proposed project near the Alaska border that this year attracted a 20-year sales commitment from customers in Germany. By the early 2030s, if all these projects go ahead as planned, B.C. will have 45 million tonnes per year of liquefaction capacity, ranking Canada among the top five LNG export countries in the world. While short-term storm clouds may loom for the provincial economy, the long-term future, even in a volatile world, continues to look bright. • Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

INVEST in BC 2 026

BC HYDRO

GROWN HERE, YEAR-ROUND: How clean

power and tech are reshaping B.C.’s greenhouse industry Stroll through the produce aisle at Costco, Real Canadian Superstore or any other major grocery retailer in mid-winter and you’ll see fresh tomatoes, peppers, cucumbers… perhaps even strawberries. Locally grown, and often picked just a day or two before.

reenhouse-grown B.C. produce is increasingly competing for shelf space once dominated by veggies and fruit trucked north from California or Mexico. “There’s a real push from retailers and consumers for locally grown produce,” says Steven Newell, who, with his brother John, co-founded Delta’s Windset Farms, which is the largest lit greenhouse operation in Western North America. “It comes off the plant with brighter colour, and way fresher. And they smell like they were grown in grandma’s backyard.” For shoppers, the change is visible in the grocery cart. They’re eating more local produce, including seedless cukes and “snackable” small, tasty peppers even a kid can love. Behind it are years of investment by greenhouse operators in advanced growing systems, energy-efficient LED lighting and facilities capable of producing vegetables through the darkest months of the year. BC Hydro has become a key part of that transformation. Its clean, reliable electricity powers increasingly sophisticated greenhouse operations, while technical expertise, energy management programs and incentives have helped growers adopt LEDs and other efficiency measures that make year-round production more economically viable. The result is an economic development story about growers—most of them familyrun—investing, expanding and creating jobs in B.C., buoyed by the confidence that the province can support their growth.

12 INVEST in BC 2 0 2 6

MORE FOOD FROM A SMALL FOOTPRINT B.C. has more than 6 million square metres of total greenhouse space—most of it used to produce fruit, vegetables and flowers. That makes B.C. the second-largest greenhouse province after Ontario. B.C.’s greenhouses punch far above their weight. While our entire commercial greenhouse area is only about one and a half times the size of Vancouver’s Stanley Park, technology helps us generate extraordinary volumes of food. Computer-controlled irrigation, climate management, carbon-dioxide enrichment and supplemental lighting can allow growers to produce much higher yields than outdoor farming. According to The Greenhouse Boom, a 2023 RBC Climate Action Institute report, the yield of tomatoes, peppers, cucumbers, lettuce and strawberries in greenhouses is around 8.5 times more, per area of land, than Canadian field production. The widespread use of biological pest control in B.C. greenhouses is also a big plus. It can lessen reliance on chemical pesticides, potentially reducing some of the environmental and ecological impacts commonly associated with pesticide use in field-grown crops. While tomatoes, peppers and cucumbers remain the core of the industry, everything from lettuce to strawberries is now in the mix. And while we’re eating more of our own produce, a significant chunk of Canadian greenhouse produce in 2024 was exported: 44.5 percent of our cucumbers, 34 percent of our tomatoes and 21.5 percent of our peppers.

GREEN LIGHT: Millennium Pacific Greenhouses and founder Shirvan Bakhtiyari (top left and right); peppers and cucumbers from Glenwood Valley Farms (middle and bottom left)

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

HOW FAST HAS B.C.’S GREENHOUSE PRODUCE INDUSTRY GROWN? • The value of annual greenhouse tomato production has more than doubled since 2000 to $155.6 million in sales in 2025. • The cucumber crop hit $86 million in sales in 2025, more than five times the sales in 2000. • Greenhouse peppers accounted for a whopping $177.2 million in sales last year. TOPPING UP THE WINTER SUN Greenhouses remain largely dependent on natural sunlight. Glass roofs are designed to capture as much daylight as possible, while sophisticated control systems track the amount of usable light reaching the plants. On a bright summer day, the sun may provide nearly everything a crop needs. During a rainy December morning in the Lower Mainland, it may provide only a fraction. That’s where LED fixtures come in. They can turn on before sunrise, supplement daylight during cloudy periods and extend the growing day after sunset. Rather than replacing the sun, energyefficient LEDs—with features that can be tuned by colour spectrum, intensity and duration to maximize growth—top up available sunlight to ensure healthy growth and production. Older high-pressure sodium, or HPS, fixtures helped extend growing seasons but used substantially more electricity and produced considerable heat. Modern horticultural LEDs convert more

electricity into usable plant light, last longer and give growers greater control over lighting intensity and duration. At Langley’s Glenwood Valley Farms, the progression of lighting technology has unfolded over decades. Founded by the Schlacht family in 1987, Glenwood Valley has been a force for greenhouse LED adoption in B.C. “Over the years, I think Glenwood Valley Farms has used almost every efficient LED type that has showed up on the market,” says Ivana Nikolic, a BC Hydro senior key account manager. “They’re forward thinking, and open to innovation.” Three completed LED projects at Glenwood have saved close to seven gigawatt-hours of electricity and cut lighting energy use by about 55 percent compared with older technology. The company has also participated in BC Hydro’s industrial energy management programs. And it recently reduced its electricity load by one megawatt—about one-third of its total consumption—as part of BC Hydro’s demand response program that credits customer accounts as they reduce their power use during brief periods of peak demand on the electrical grid. THE CONFIDENCE TO INVEST Modern greenhouses increasingly resemble advanced food-production facilities as much as traditional farms. Lighting, irrigation pumps, heating, ventilation, climate controls and automation must work together continuously. Those systems represent major capital commitments, making

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

access to reliable electricity—and confidence about long-term energy costs and infrastructure—central to investment decisions. “For greenhouse growers, clean and low-cost electricity is one of B.C.’s biggest advantages,” says Shirvan Bakhtiyari, founder of Millennium Pacific. “It allows greenhouse growers to invest in lit production, improve winter supply, reduce reliance on imported product and grow with a lower-carbon energy profile.” INVEST in BC 2 0 26

BC HYDRO

The technology required to deliver energy efficiency and increased productivity isn’t inexpensive. But there’s help. “Incentives matter because the capital cost of greenhouse technology is very high,” Bakhtiyari says. Bakhtiyari arrived in Canada from Kuwait and initially bought and sold houses before purchasing farmland and building a greenhouse business. Millennium Pacific’s newly constructed greenhouse leans on LED lighting—supported by BC Hydroincentives— to strengthen winter production as it expands its greenhouse space in Delta. Across the sector, the cumulative impact is substantial. Horticultural lighting installations supported by BC Hydro are saving a cumulative 176.3 million kilowatthours each year—enough electricity to power about 17,600 average B.C. homes or drive 65,000 electric vehicles for a year. That support can influence not only which technologies companies install, but also where they choose to expand. FRESHNESS SHOPPERS CAN SEE For consumers, all that investment ultimately shows up as fresher produce. Vegetables grown in Delta, Langley or Abbotsford can generally reach B.C. stores within one to three days of being picked. Imported vegetables may travel for days and are generally harvested before they’re at their tastiest to withstand long-distance transportation. That B.C.-grown freshness now aligns with broader consumer interest in healthier food, shorter supply chains and products carrying Buy B.C. or Grown in Canada labels. With BC Hydro’s assistance, farms such as Perpetual Vegetable in Abbotsford are growing as fast as their supercharged fruit and veggies. “With the new technologies we’re able to double our production and our size using the same energy footprint—and that’s huge,” says Vijay Randhawa, whose father founded what was known as Randhawa Farms and is now Perpetual Vegetable. “We have the confidence to expand, and it’s all very sustainable. It’s great to produce food knowing that the power we use comes from hydroelectric dams, not from coal or some other fossil fuel.” It also tastes better. When we reach for a package of B.C.-grown veggies or strawberries in January, it’s not just about buying local. Why eat an imported strawberry that’s white inside, a pale imitation of the real thing? “If you try a B.C. greenhouse strawberry, it’s juicy and sweet,” says Eric Doublier, general manager of Glenwood Valley Farms, which will be sending strawberries to local retailers this winter. “Hopefully, we can supply enough to meet the demand.” Get more information at bchydro.com/businessprograms, contact your BC Hydro key account manager, or email at incentives@bchydro.com. Contact your Key Account Manager or call the business help desk at 1.866.522.4713 to learn more about Power Smart programs for your business. bchydro.com/studies • 14 INVEST in BC 2 0 2 6

WINDSET FARMS DOUBLES DOWN ON LEDS AND BRITISH COLUMBIA

he tomatoes at Windset Farms’ newest greenhouses in Delta hang in such abundance they might be grapes, an eye-popping result of innovation that maximizes yields and energy efficiency while using less land. The artificial light that helps them thrive is not from the highpressure sodium lamps that have illuminated greenhouses for decades, but from thousands of energy-efficient LEDs. Founded in Delta nearly 30 years ago, Windset Farms has grown into one of North America’s largest greenhouse vegetable producers, including an operation in Delta that is the largest LED-lit greenhouse vegetable facility in Western North America. Premium tomatoes, peppers, cucumbers, lettuce and specialty produce are sold throughout North America under the Windset Farms brand. Despite an international footprint, the company’s newest investments are concentrated in B.C. Since 2024, Windset’s Delta operations have added three new greenhouses—and installed LED lighting in an existing greenhouse—to increase their total LED-lit greenhouse production to 86 acres. And they’re not stopping there. Construction has started on an additional 38 acres, which will start producing in the summer of 2027. All combined, Windset will have 168 acres of greenhouse production area in B.C. a year from now. “Every component of their greenhouse systems is designed to incorporate leading-edge technology,” says BC Hydro senior account manager Ivana Nikolic.

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

CREDITS

LED THE WAY: (Clockwise from top left) Windset Farms in Delta; founders John and Steve Newell; cucumbers and tomatoes from Windset Farms

“The installation of LED lights in four greenhouses resulted in a whopping 110 million kilowatt-hours of electricity savings, which is sufficient to power about 11,000 average B.C. households annually.” Windset’s recent expansion of its B.C. operations has been driven by access to renewable electricity, a favourable growing climate, proximity to Western Canadian markets and a growing appetite for locally grown food. Together, they’ve created an environment that promotes long-term investment. “It makes sense for us to invest here in Canada,” says Windset CEO Steven Newell. “Our plan is not only to build in Canada to support the Western Canadian retail base and the Canadian consumer with fresher, better-tasting, high-colour fruit. It’s also to support our customers with produce from Delta shipped down the I-5 corridor into Washington, Oregon, California and other western states.” Windset maximizes yields compared to outdoor growing while using less land. They do this by using LEDs and by utilizing precision growing techniques to control the indoor climate for

temperature, humidity, air movement, CO2 and irrigation. Windset designed their newest greenhouses around 100 percent LED lighting. Because LEDs generate much less radiant heat, the newest greenhouses were engineered with additional hotwater heating pipes, thermal energy screens, light-abatement screens and advanced climate-control systems that continuously maintain ideal growing conditions throughout the year. The result is a highly efficient growing environment that uses up to 55 percent less electricity for lighting than comparable high-pressure sodium systems while giving growers more precise control over light intensity and spectrum. “It’s more efficient to make red light than any other colour, and it’s also the wavelength that tomato and cucumber plants use most effectively,” explains Newell. “We can adjust the red and blue and other colours based on the plant variety, on the age of the plant and on how much natural light we’re getting from the sun.” In addition to being energy efficient,

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

Windset collects irrigation drain water, then filters and disinfects it before recirculating it throughout the greenhouse back to the plants. As a good neighbour, Windset Farms has also invested in dedicated light-abatement curtains to minimize the amount of grow light visible at night, helping reduce light pollution for nearby residents. BC Hydro helped enable a significant electrical-service upgrade and provided advice and incentives as the company’s strategy focused on LED lighting. Two new greenhouses were connected to a BC Hydro 69-kilovolt transmission line in 2024, another two were connected this summer and existing greenhouses were also transferred from the local distribution system to the new service. As demand for fresh, locally grown produce continues to grow, Windset Farms believes that renewable electricity plays an important role in the future of controlled-environment agriculture. “We have a utility in BC Hydro that’s all about renewable power,” says Newell. “It’s exciting to turn this electricity into food that’s close to the people who enjoy it.” • INVEST in BC 2 0 26

ECONOMIC TRUSTS

IN DIVERSIFICATION WE TRUST B.C.’s regional economic trusts offer stable, long-term support for key local projects. BY T.W. HON

ella Coola, on B.C.’s central coast, lies nestled in the heart of the Great Bear Rainforest, in the traditional territory of the Nuxalk First Nation. It’s a wild, remote place full of natural beauty, with giant ancient cedars, Sitka spruce and Douglas firs towering over the shoreline, hills and

valley. The lush wilderness is the primary lure for tourists to the area, but nature and the rugged terrain also make Bella Coola hard to reach. BC Ferries runs passenger sailings to Port Hardy seasonally from mid-June until mid-September. Williams Lake is about five and a half hours of rough driving away. Pacific Coastal Airlines provides daily flights from Bella Coola’s airport. But by 2016, trees surrounding the runway were growing into obstacles that restricted the types of aircraft that could safely land here. The airline pared back to 60 to 80 percent of its operating capacity. That limited the inflow of visitors and also reduced opportunities for residents to fly out for medical visits and other purposes. So, in 2017, the airport spent $380,700 to clear 21 hectares of land and restore the vital transportation link to its full capacity. Bella Coola is an unincorporated community with a little more than 2,000 people living in its valley. There isn’t a large municipal tax base, so three outside organizations teamed up to provide funding: the Ministry of Transportation and Infrastructure, Central Coast Regional District and Northern Development Initiative Trust. Communities all across the province need infrastructure upgrades and programs to help with economic and community development. And, like they did for Bella Coola, regional economic development trusts like Northern Development can provide critical support where government support is not sufficient or available. Northern Development contributed $95,175 to the Bella Coola airport upgrade through its economic diversification infrastructure program.

16 INVEST in BC 2 0 2 6

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

TOP LEFT: TWEEDSMUIR PARK LODGE, DESTINATION BC/JESAJA CLASS; TOP RIGHT AND BOTTOM LEFT: NORTHERN DEVELOPMENT

A NETWORK OF TRUSTS B.C. has three regional economic development trusts that serve different areas of the province: Northern Development Initiative Trust (NDIT), Island Coastal Economic Trust (ICET) and Economic Trust of the Southern Interior (ETSI-BC). They were established between 2004 and 2006 by the province to support economic diversification, job creation and community-led infrastructure projects. These independent, not-for-profit trusts manage funds from an initial capital endowment, so they’re not dependent on ongoing funding from the provincial government. This structure ensures the trusts are financially sustainable and responsive to the regions they serve, while easing some of the burden borne by taxpayers. Northern Development covers the largest geographic region of these trusts, encompassing 70 percent of the province, including 49 municipalities and 89 First Nations. It includes most of the province north of Lytton. Its CEO, Ben Campbell, says its initial capitalization of $185 million is invested through the British Columbia Investment Management Corporation and has grown to more than

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

PARTNERS TO RELY ON: Overlooking the Bella Coola River and Mount Stupendous as the last light of day fades beyond the horizon (top right); Northern Development staff celebrate the Trust's 20th anniversary (top left); A commercial hydroponic greenhouse system owned and operated by the Gitmaxmak'ay Nisga'a Prince Rupert/Port Edward Society (bottom left)

INVEST in BC 2 0 2 6

ENERGY TRANSITION

THE GOAL: JOBS AND NEW INDUSTRIES Island Coastal Economic Trust serves B.C.’s coastal communities from the northern tip of Vancouver Island down through the Southern Gulf Islands. “We’ve been a big part of Vancouver Island and the coastal economy through major projects like the Nanaimo Airport and Vancouver Island Convention Centre,” says CEO Brodie Guy. “Harbours and marinas in almost every coastal community have been expanded or diversified with our investments. And there are just so many smaller non-profits, and amazing First Nations businesses too.” Guy explains his trust’s role: “We’re not government; we’re a private source of capital. So we’re no different from going to the bank, except that we’re not looking for repayment.” Instead, the trust wants to see new jobs, a diversified economy or a 18 INVEST in BC 2 0 2 6

new economic sector as the return on its investments. Economic Trust of the Southern Interior serves the Thompson-Okanagan and Columbia-Kootenay regions of B.C. Like the other economic trusts, ETSIBC supports infrastructure projects that improve economic capacity, like a $40,000 grant to upgrade conference facilities at Silver Star Resort, near Vernon. But ETSI-BC, led by CEO Laurel Douglas, also emphasizes providing access to educational resources, training and networking opportunities for businesses, local government officials and economic development practitioners. It supports the annual, two-day Big Cheese festival in Armstrong, for example, and meetings such as the Southeastern BC Agriculture Forum to discuss industry responses to climate change.

CATALYST FOR DEVELOPMENT: Prince Rupert harbour front

FINGER ON THE PULSE Each of these trusts operates a little differently, but each is intimately connected with the communities it serves. “We strive to make sure that we have long-term relationships with anybody that wants to provide an application,” says Campbell. Guy describes how he stays in touch with businesses and organizations in his region: “We’re based out of the Comox Valley, but we travel up and down the Island, and then to the other islands and communities around the coast, really frequently. We just have our finger on the pulse and understand what people are looking to build.” • Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

NORTHERN BC TOURISM/MARTY CLEMENS

$300 million. NDIT only grants out its returns on investment, meaning it can fund $10-50 million per year for its core programs. “Our mandate is to act as a catalyst for transformative rural development that stimulates entrepreneurial creativity and community resiliency,” Campbell notes. The trust divides its territory into four regions, each with its own regional advisory committee of local government leaders that adjudicates project applications. “The best economic development decisions for the North should be made in the North,” Campbell explains.

B.C. AVIATION

READY FOR TAKEOFF

The B.C. aviation industry’s time has come. BY T.W. HON

TOP TO BOTTOM CLOCKWISE: CONAIR GROUP INC.; PACIFIC COASTAL AIRLINES

ummertime means that both business and temperatures are heating up again for Conair Group Inc. The Abbotsford-based company provides aerial firefighting planes and crews to fight wildfires across Canada, and in the U.S., Australia and France. Warmer, drier weather turns forests into fuel, so naturally summers keep Conair’s fleet of water bombers and bird-dog fire-spotters busy in the skies. In recent years, climate change has expanded fire season earlier into the spring and deeper into the fall. Globally, wildfires are becoming more destructive, destroying many times more land area, and causing more economic damage. Michael Benson is Conair’s director of business development. He says his company is expanding rapidly, but not just because of climate change. Conair’s manufacturing and aircraft conversion division builds a multi-role version of its Dash-8 400 plane—the Dash-8 400MRE—in addition to dedicated aerial firefighting planes. This versatile aircraft can be used year-round by multiple agencies to carry passengers, cargo, medical teams or specialized gear to support missions responding to natural disasters, pandemics or conflicts. France’s Sécurité Civile, the country’s civil protection agency, bought its first Dash8 400MRE in 2005, and received its eighth in 2023. NATO countries including France and Canada are boosting defence spending to respond to geopolitical threats and realignments as well as natural disasters. They’re turning to B.C. companies like Conair that have decades of experience flying, maintaining and building aircraft to the highest standards. “It really is a positive story around the strength of Canadian aviation and aerospace sector, and the strength in British Columbia in particular,” Benson says. FLEET STRENGTH Indeed, Conair is just one of roughly 300 certified fixed-wing and rotary aircraft operators in B.C., and one of 200 aerospace companies in the province, according to the BC Aviation Council. The aviation and aerospace industry has long been vital to the social and economic development of this rugged province, and to connecting its people with the world. A 2023 PricewaterhouseCoopers study commissioned by B.C.’s Ministry of Transportation and Infrastructure 20 INVEST in BC 2 0 2 6

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

showed that the industry contributes $6 billion to the province’s GDP, and creates nearly 33,000 full-timeequivalent jobs. The industry includes companies like regional carrier Pacific Coastal Airlines, as well as small float plane operators serving First Nations communities along the West Coast. It also includes commercial and defence contractors like KF Aerospace in Kelowna and Cascade Aerospace in Abbotsford. B.C. aviation and aerospace companies provide wide-ranging expertise to take on all kinds of difficult projects and missions. KF Aerospace, for example, is supporting the Royal Canadian Air Force’s new CP-8A Poseidon multimission maritime patrol aircraft, which is scheduled to be deployed this year. It also manages Purolator’s B.C. cargo flight network.

DEEP EXPERTISE: Conair land based airtankers (top and bottom left); Pacific Coastal Airlines (right)

HOME ADVANTAGE B.C. companies can provide deep expertise to the world because their

leaders and employees developed their abilities for decades over the mountains and waters of this province. The aviation and aerospace industry has been vital to connecting communities, keeping them economically vibrant and safe. Conair, for example, has been in business fighting fires since 1969. Benson himself was helping to spot fires for the province before he joined the company. “I was an air attack officer—so flying around on a bird dog for about 17 years,” he recalls. “I was the superintendent of the air tanker program for the province of British Columbia for a little over seven years.” Dave Frank, executive director of the BC Aviation Council, notes that people in the industry may face tough challenges, but they’re entrepreneurial, hard-working and doing critically important work. “These people love what they do, they believe in it and they all add to the economy and the society in British Columbia every day,” he says. •

DisasterSmartBC BC Economic Development Association

DisasterSmartBC.ca is a central hub designed to help communities across British Columbia prepare for, respond to, and recover from disasters, with a strong focus on economic resilience.

SCAN TO VIEW SITE Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

INVEST in BC 2 0 2 6

MAINLAND/SOUTHWEST ▷ Abbotsford

▷ Hope

▷ North Vancouver

▷ Surrey

▷ Burnaby

▷ Langley

▷ Pitt Meadows

▷ Vancouver

▷ Chilliwack

▷ Lillooet

▷ Port Moody

▷ West Vancouver

▷ Coquitlam

▷ Maple Ridge

▷ Richmond

▷ Whistler

▷ Delta

▷ Mission

▷ Sechelt

▷ Gibsons

▷ New Westminster

▷ Squamish

22 INVEST in BC 2 0 2 6

OF B.C. 62.5% SHARE POPULATION

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

MAINLAND/SOUTHWEST

CENTRE OF IT ALL: Telus World of Science transformed into a FIFA ball during World Cup (right); Vancouver's False Creek (below)

REGIONAL POPULATION (2025)

3,562,202 UNEMPLOYMENT RATE (MAY 2026)

7.1%

TOP EMPLOYERS BY INDUSTRY (2024) Health care & social assistance

12.9% 12% Professional, Retail trade

scientific & technical services

A Global Crossroads’ Next Phase LEFT: DESTINATION VANCOUVER; TOP: COURTESY OF MUSQUEAM CAPITAL CORPORATION

The Mainland Southwest region is redefining the kind of growth it wants to see.

fter three decades of almost uninterrupted growth, B.C.’s Lower Mainland and its centre of Vancouver is taking stock. Representing more than half the province’s population and economic activity, the region has seen an explosion of new industries, elevated immigration, non-stop construction and global recognition evidenced in events including this year’s Web Summit and FIFA World Cup. Government measures to address the rising cost of living, including tighter immigration limits, combined with higher interest rates has slowed the pace of growth, however. And like much of Canada, the Mainland Southwest region has been affected by the United States’ recent trade policy, with its imposition of new tariffs. The pause has given Lower Mainlanders the opportunity to think more closely about the kind of region they want to nurture going forward. In some instances that means preserving a sense of the region’s past. For years, Chilliwack city council, along with the city’s economic development arm, Chilliwack Economic Partners Corp. (CEPCO), has been striving to revitalize the Fraser Valley city’s downtown, going so far as to buy properties of historic importance for restoration. This year, CEPCO unveiled the revived Skelton Building, home to an

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

11.9%

FORECAST EMPLOYMENT GROWTH, 2025-35

260,900

BUILDING PERMIT VALUES (2025)

$17.95 BILLION

HOUSING STARTS (2025)

30,154

VALUE OF MAJOR PROJECTS PLANNED OR UNDER CONSTRUCTION (Q3 2025)

$140.6 BILLION

BUSINESS INCORPORATIONS (2025)

39,720

SOURCES: B.C. LABOUR MARKET OUTLOOK , BC STATS

INVEST in BC 2 0 2 6

TOP AND BOTTOM LEFT: COURTESY OF CHILLWACK; TOP RIGHT: ST. PAUL'S HOSPITAL/PROVIDENCE HEALTH CARE; BOTTOM RIGHT: TRANSLINK

MAINLAND/SOUTHWEST

OLD IS NEW: (clockwise from top left) Red Bull 6 building in Chilliwack; new St. Paul's Hospital research campus; SkyTrain is being extended; Skelton Building Museum

iconic menswear store for most of the past century. Today, there is a small museum on the site of the store. The building’s anchor tenant is Amato Trattoria, an Italian restaurant. Nearby is District 1881, a pedestrian-oriented shopping and dining district complete with loft-style apartments in historic buildings. “Over the past five years, CEPCO has made painstaking efforts to preserve many of the historic features of the Skelton Building,” says Brian Coombes, CEPCO president. “Original features have been saved, such as a large skylight, exterior leaded glass, an exposed timber ceiling and, of course, the inlaid Skelton’s floor tile.” WELCOMING AND WORKING FOR INVESTMENT In this and other ways, competition among Lower Mainland municipalities— there are more than 20 in Metro Vancouver alone—has become more pointed in recent years, to the benefit of residents, visitors and businesses. In 2025, commercial real estate development association NAIOP Vancouver recognized Surrey for doing the best job in controlling its fees, Mission for reducing its average development approval time by 38 percent 24 INVEST in BC 2 0 2 6

and Chilliwack for being the most business-friendly of 15 cities surveyed. City of Vancouver staff have proposed a series of measures to cut costs for the real estate development industry, which has been hit hard by interest-rate increases and slowing housing demand since 2022. Still, there are pockets of activity. Some 30 hotel projects are in various stages of development. The new, $2.2-billion St. Paul’s Hospital is stimulating commercial and residential development in the surrounding False Creek Flats area. And the pending completion of the Broadway SkyTrain extension to Arbutus Street in 2027 is stirring construction and transactions along that corridor. Surrey city council has approved plans for an entertainment district anchored by a 10,000-seat arena and 100,000 square feet of commercial space. The suburb is projected to overtake Vancouver as B.C.’s most populous municipality in 2027, with more than 700,000 residents. Maple Ridge is working on a plan to add a new, 600-acre industrial zone to the maxed-out industrial space in Metro Vancouver. Abbotsford, which late last year adopted a new official community plan, has two industrial projects under construction:

the 140-acre Xchange Business Park and the 260,000-square-foot Riverside Industrial Park. ON THE INTERNATIONAL MAP Invest Vancouver, the metropolitan region’s economic development agency, announced last fall that it had boosted the number of foreign companies it is in talks with by 61 percent year to date. Thirty percent of those companies came from Europe and 25 percent from Asia, the agency said. Seventeen percent came from the U.S. and 15 from the rest of Canada. If all these leads were realized, it would result in $4.4 billion in new investment and more than 3,000 new jobs. Past research by Invest Vancouver indicated that foreign firms are responsible for 231,000 jobs in the region. For example, Norwegian firm Elywhere is investing $50 million in a plant in Surrey that manufactures electric vehicle charging stations. South Korea’s BeroAI opened a Vancouver office last year to develop an AI solution helping owners communicate with their pets. CONTINUED ON PAGE 26

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

NE W WE S TMIN S TER

NEW WESTMINSTER: WHERE BUSINESS AND COMMUNITY GROW TOGETHER Central. Connected. Urban. New Westminster is built for businesses ready to grow.

ome to more than 92,000 residents, New Westminster places your business at the centre of the region. Five SkyTrain stations, multiple bridges, rail

infrastructure and direct highway access put the Port of Vancouver and YVR within easy reach, while BridgeNet, the City’s leading-edge municipal fibre network, connects

NewWest_IIBC2026_SponCon_HP.indd 1

you to the global marketplace. New Westminster is a city built to move goods, ideas and data It’s also anchored by Royal Columbian Hospital, the province’s premier critical care centre serving one in three British Columbians. The city is also home to worldclass education, technology and creative industries. Ranked by The Globe and Mail as the fifth most livable city in Canada, New Westminster offers walkable neighbourhoods, lively commercial hubs, first-class parks and an urban downtown that blends heritage character with contemporary design. Along the riverfront, the award-winning Westminster Pier Park is a vibrant gathering place for the community and a reminder that here, quality of life isn’t an afterthought: it’s part of the plan.

In response to economic shifts and local growth, the City is updating its Economic Development Plan with a renewed 20-year vision and a five-year implementation plan that will leverage New Westminster’s strengths for increased investment, support new and existing businesses and improve community wellbeing. Now is your chance to become part of the future in New Westminster.

Learn more at newwestcity.ca. Connect on @newwestminster @new_westminster City of New Westminster

2026-07-27 3:27 PM

NEW WESTMINSTER: WHERE BUSINESSES AND COMMUNITY GROW TOGETHER Five SkyTrain stations, multiple bridges, rail infrastructure and direct highway access. Walkable neighbourhoods, award-winning parks and thriving commercial hubs. New Westminster is built for businesses ready to grow. Contact the Economic Development Office to find out how New Westminster can work for you:

investnewwest.ca 604-527-4536 info@investnewwest.ca

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

IIBC2026_HP.indd 4

INVEST in BC 2 0 2 6

2026-08-10 8:24 PM

LEFT: SHUTTERTOCK/CHARLES HHUANG; RIGHT: INFINTE FLOW/ADOBE STOCK

MAINLAND/SOUTHWEST

CONNECTED: The Port of Vancouver accounts for roughly half Canada's overseas trade

Vancouver ranks among the top 10 most competitive North American technology hubs, according to office leasing company CBRE. The firm’s Scoring Tech Talent report, released in September 2025, said the city ranked 12th in sheer size, with 125,100 skilled workers. But it also boasted the third-highest “tech talent concentration,” behind San Francisco and Seattle. Vancouver is a good value for employers, the report said, with moderate wages and high labour quality. The list of technology and technologyenabled companies receiving venture capital financing over the past year tells the story: quantum computing company Photonic raised $180 million; last-mile delivery company UniUni raised $85 million. In many cases, venture capital went to companies that span the divide between technology and resources. Mangrove Lithium, which this year was named to the prestigious Global Cleantech 100 list, secured US$85 million toward building a first-of-its-kind lithium refining facility in Delta. pH7 Technologies received $80 million in two tranches to commercialize its solvent-based technology for extracting critical metals (as an alternative to traditional smelting). The past year saw Metro Vancouver cement its reputation as a centre for visual effects for the film and 26 INVEST in BC 2 0 2 6

gaming industries. Netflix opened a 110,000-square-foot animation studio employing 450 staff, Industrial Light & Magic opened a 40,000-square-foot studio to help house its 950 local workers and Sony Imageworks established a global headquarters in The Post building also occupied by Amazon. Multinational software developers like Workday, Asana, Autodesk, Boomi, Gumloop and Quandri all expanded their presence in the city, along with AI specialists Databricks and Wayve. On the life sciences front, this year saw the opening of the adMare M4 Innovation Centre in Vancouver’s Mount Pleasant neighbourhood, a 30,000-square-foot laboratory space for emerging biotech companies to test out their discoveries. Further along the technology development pipeline, Aspect Biosystems attracted $280 million for its bioprinted medicine platform targeting diseases including diabetes. And the federal government this year awarded Providence Health Care with $48 million from its Strategic Response Fund toward its Clinical Support and Research Centre at St. Paul’s Hospital— an effort to bridge the divide between technology development and trials in a clinical setting.

CONNECTED TO THE WORLD Since the arrival of the Canadian Pacific Railway in 1886, Vancouver has been one of Canada’s busiest harbours and now accounts for about half the country’s overseas merchandise trade. The port handled 170.4 million tonnes of freight in 2025, surpassing the previous record volume set in 2024 by almost 8 percent. The vast majority of that—147 million tonnes—represented foreign trade, of which three-quarters was with Asian trading partners. The port also saw 300 cruise ship sailings and 1.2 million passengers pass through. “As Prime Minister [Mark] Carney looks to double exports to non-U.S. markets in the next decade, the Port of Vancouver is playing an outsized role in delivering more made-in-Canada products to more customers globally,” Vancouver Fraser Port Authority president and CEO Peter Xotta said in March. And, speaking of passengers, Vancouver International Airport hosted 26.9 million guests last year, topping the previous record set in 2019. It serviced 57 airlines flying to 129 non-stop destinations around the world. Air cargo numbers also rose, to 365,000 tonnes. By sea, by air and by land, the Mainland Southwest remains the B.C. economy’s crossroads. •

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

SUR R E Y

SURREY’S INNOVATION ECOSYSTEM IS POWERING BUSINESS GROWTH

Innovation Boulevard sets businesses up for success.

s British Columbia’s fastestgrowing city—and projected to become B.C.’s largest city by 2030—Surrey is emerging as one of Canada’s most compelling investment destinations. With a skilled workforce, industrial land, logistics infrastructure and access to major trade routes, Surrey offers the conditions businesses need to grow, compete and innovate. At the centre of this ecosystem is Innovation Boulevard, a joint initiative between the City of Surrey and Simon Fraser University that connects businesses with applied research, technical expertise and partnership opportunities. The initiative helps companies adopt new technologies, improve

productivity and accelerate their growth. Innovation Boulevard links businesses to research and testing capacity at multiple stages of innovation, including SFU’s Smart Manufacturing Hub for automation and IoT technologies, SFU’s WearTech Labs for rapid prototyping, Kwantlen Polytechnic University’s Applied Genomics Centre for agritech and life science solutions and Surrey’s Urban Tech Testing Lab for concept validation. PROBLEM SOLVING FOR BUSINESSES For companies like Surrey-based Merit Kitchens, these connections help reduce risk and solve

real-world business challenges. “Through Innovation Boulevard, we’ve been able to connect with a strong network of ecosystem partners who help us solve realworld challenges and enhance our processes,” says Paul Siekmann, vice-president of operations at Merit Kitchens. “These collaborations bring new expertise and perspectives that allow us to innovate more effectively while maintaining the high standards our customers expect.”

For businesses and investors, Surrey offers more than room to grow. It offers access to talent, technology, expertise and strategic partnerships that strengthen competitiveness and support a stronger Canadian economy.

To learn more, visit investsurrey.ca.

Surrey_IIBC2026_SponCon_HP.indd 1

Invest. Innovate. Thrive.

2026-07-24 2:48 PM

Surrey: The Centre of What's Next Surrey rises as a business destination

A market on the rise British Columbia's fastest growing city Global connectivity Indo-Pacific trade, ports, rail, U.S borders Industry-ready talent A skilled, diverse, and growing workforce Space to scale Room to grow for businesses at every stage Ideas into actions A connected innovation ecosystem

Learn more about doing business in Surrey investsurrey.ca

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

IIBC2026_HP.indd 7

INVEST in BC 2 0 2 6

2026-08-13 10:47 AM

ABB OT SF OR D

DISCOVER ABBOTSFORD: A COMMUNITY BUILT FOR OPPORTUNITY Abbotsford is the economic hub of the Fraser Valley.

hat truly sets Abbotsford apart is its ability to pair economic opportunities with an exceptional quality of life. As one of British Columbia’s most diverse and dynamic economic hubs, Abbotsford is attracting entrepreneurs, skilled professionals, investors and businesses looking to grow, innovate and succeed. Located in the heart of the Fraser Valley, Abbotsford is home to a thriving multi-sector economy spanning agriculture, aerospace, advanced manufacturing, transportation, technology and health care. Its proximity to major markets, strong transportation networks and access to a skilled workforce continue to attract

28 INVEST in BC 2 0 2 6 Abbotsford_IIBC2026_SponCon_FP.indd 1

investment and drive innovation across the region. Abbotsford’s economic growth is built on a blend of established and emerging sectors and is supported by key regional assets, including the University of the Fraser Valley, Abbotsford International Airport, Abbotsford Regional Hospital and Cancer Centre, the TradeX event and tradeshow venue and Rogers Forum, home to the Abbotsford Canucks. Together, these institutions support business growth, talent development, tourism and community wellbeing while positioning the city as a regional leader in economic development.

Residents enjoy access to award-winning wineries, unique cultural experiences, a diverse and thriving retail landscape, local farms and markets, a vibrant culinary scene and a wide variety of trails and outdoor recreation opportunities. This is a community where people can put down roots while staying connected to career and business opportunities. That balance between possibility and everyday livability is part of what makes Abbotsford a great place to live, work and explore. Abbotsford is a city with a strong sense of community, an entrepreneurial spirit and a commitment to building a sustainable future. As the Fraser Valley continues to grow, the city

remains focused on shaping that growth in a way that preserves what makes the community welcoming, connected and distinctly its own. Whether you’re looking to invest, build a business, advance your career, pursue education or find a place to call home, Abbotsford offers the foundation to grow and the lifestyle to thrive.

Discover Abbotsford at abbotsford.ca/discover.

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

2026-08-19 2:04 PM

Why Abbotsford Is Becoming B.C.’s Next Economic Powerhouse As one of British Columbia’s fastestgrowing economic hubs, Abbotsford offers young professionals, entrepreneurs, and growing businesses the chance to thrive. Abbotsford has a strong and diversified economy, and is a leader in the aerospace, advanced manufacturing and agricultural sectors. Supported by key regional assets like University of the Fraser Valley, Abbotsford International

DISCOVER ABBOTSFORD AT ABBOTSFORD.CA/DISCOVER

Airport, Abbotsford Regional Hospital and Cancer Centre, TradeX and the Rogers Forum, Abbotsford is connected, innovative, and ready for the future. With more affordable housing, access to nature, and a strong sense of community, Abbotsford offers the balance many are searching for without compromising opportunity.

VANCOUVER ISLAND/COAST ▷ Campbell River

▷ Ladysmith

▷ Port Alberni

▷ Saanich

▷ Comox

▷ Lake Cowichan

▷ Port Alice

▷ Sidney

▷ Courtenay

▷ Langford

▷ Port Hardy

▷ Sooke

▷ Cowichan

▷ Nanaimo

▷ Port McNeill

▷ Tofino

▷ Duncan

▷ North Cowichan

▷ Powell River

▷ Ucluelet

▷ Esquimalt

▷ Parksville

▷ Qualicum Beach

▷ Victoria

OF B.C. 16.6% SHARE POPULATION

Growing in Harmony with Nature Vancouver Islanders are inventing new ways of sharing their piece of paradise with the world—sustainably.

xposed to swells and breakers from the open Pacific, the west coast of Vancouver Island attracts visitors and particularly surfers for its pristine beaches. What few have considered, however, is the challenge of disposing of surfboards and wetsuits at the end of their useful lives. For years, discarded surf gear was piling up in landfills outside the twin surf capitals of Tofino and Ucluelet. Surfrider Foundation Canada recognized this issue, which was threatening to give its business a bad name. In 2025 it launched a program out of Ucluelet called ReSurf that collects unwanted surf gear. The boards and suits are either repaired for reuse or recycled sustainably. This year, BCEDA recognized ReSurf for creating jobs, building partnerships across the surf industry and community organizations and helping grow the circular economy with its Community Project Award – Less Than 10,000 Population. COMMITTED TO SUSTAINABLE DEVELOPMENT Perhaps more than any other people in Canada, Islanders stand out for their commitment to preserving their worldrenowned environment while nurturing innovative industries. This year, BCEDA also honoured the WorkLink Employment

30 INVEST in BC 2 0 2 6

Society for its establishment of a tiny visitor information centre in another outer-coast outpost, Port Renfrew, that has improved coordination among local tourism operators and collaboration with the Pacheedaht First Nation to promote cultural tourism. The Port Renfrew Visitor Information Centre has become a hub for economic development in the small community, earning it BCEDA’s Tourism & Economic Development Award – Less Than 10,000 Population for 2026. And yet another Island initiative caught the association’s eye: faced with regionwide construction that limited access to downtown Comox, Comox Business In Action launched a two-phase campaign last year, Seas the Summer and Seas the Day, that combined creative marketing, local storytelling and hands-on business engagement to maintain the visibility of downtown and drive activity during a challenging time. As a result, foot traffic held up, there were no business closures over the duration of construction and collaboration among some 25 downtown business owners improved markedly. For that, Comox BIA won both the Economic Development Marketing Innovation Award and the Community Resiliency Award from BCEDA at the association’s BC Economic Summit in Penticton in May 2026. Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

VANCOUVER ISLAND/COAST

REGIONAL POPULATION (2025)

954,000

UNEMPLOYMENT RATE (MAY 2026)

6.0%

TOP EMPLOYERS BY INDUSTRY (2024): Health care & social assistance

OPEN PACIFIC: View from Black Rock Oceanfront Resort in Ucluelet (left); Surfer on the beach in Tofino (bottom)

17.2% 11.1% Public

Retail trade

administration

9.6%

FORECAST EMPLOYMENT GROWTH, 2025-35

64,800

BUILDING PERMIT VALUES (2025)

$3.25 BILLION

HOUSING STARTS (2025

TOP: DESTINATION BC/JORDAN DYCK; BOTTOM: DESTINATION BC/BEN GIESBRECHT

6,369

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

VALUE OF MAJOR PROJECTS PLANNED OR UNDER CONSTRUCTION (Q3 2025)

$29.9 BILLION

BUSINESS INCORPORATIONS (2025)

4,807

SOURCES: B.C. LABOUR MARKET OUTLOOK , STATISTICS CANADA AND B.C. STATS.

INVEST in BC 2 0 26

VANCOUVER ISLAND/COAST

A PLACE SET APART Vancouver Island has a diverse economy ranging from aquaculture to public administration (Victoria is B.C.’s provincial capital) to forestry to advanced technology and research. It has historically been less affected by the highs and lows of the economic cycle compared to other regions. The Island and adjacent Sunshine Coast also have large and thriving tourism industries. Victoria-area hotels recorded their highest occupancy rate in 10 years over the first eight months of 2025, at 79.9 percent. The average daily room rate rose 9.4 percent to $396 and revenue per room jumped 13.9 percent to $374, according to Destination Greater Victoria. A new hotel is slated to open this year at Victoria International Airport and Hyattand Hilton-branded hotels are under construction downtown. Victoria International Airport, meanwhile, saw passenger counts rise 5.6 percent and BC Ferries notched a new high, with 9.4 million passengers and 3.7 million vehicles carried over the busy summer season. And there were 31 conferences held in the Capital Region over the first nine months of 2025—a new record. 32 INVEST in BC 2 0 2 6

Esquimalt, home to Canada’s Pacific naval fleet, is the leading contender to host a submarine maintenance facility to accompany Ottawa’s impending purchase of 12 new naval submarines from one of two named bidders for upward of $60 billion. The transaction is part of the federal government’s new commitment over the past year to increase defence spending in line with North Atlantic Treaty Organization (NATO) benchmarks. Further north, the City of Campbell River is advancing an ambitious housing agenda, targeting the construction of 1,277 new housing units by the end of 2028. In the downtown core, the “Reimagine the Row” redevelopment will deliver approximately 200 new homes with integrated commercial space, strengthening vibrancy and supporting a growing workforce. Like elsewhere in B.C., the hunt for critical minerals is taking place on the Island too. Northisle Copper & Gold is advancing a copper project near Port Hardy that has been added to the province’s list of priority projects. It is expected to create approximately 500 jobs over the 29-year life of the mine. • Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

TOP LEFT, CLOCKWISE: SOUTH ISLAND PROSPERITY; DESTINATION BC/@DOLFVERMEULEN; COASTAL ISLAND TRUST; MIDDLE RIGHT: EXPERIENCE COMOX VALLEY/PETER O'HARA; BOTTOM RIGHT: HARBOUR AIR

DIVERSE ECONOMY: (clockwise from top left) Harbour taxi at harbour in downtown Victoria; forest boardwalk in Roberts Creek, Sunshine Coast; Aquaculture is branching out into seaweed cultivation; Comox Art Gallery in Comox; Harbour Air

P OR T ALBER NI

PORT ALBERNI: AN INVESTMENT OPPORTUNITY LIKE NOWHERE ELSE Port Alberni is an accessible city with economic potential.

ort Alberni is one of Vancouver Island’s most compelling investment destinations in over a generation: a vibrant, working waterfront community with room to grow, affordability and an attractive West Coast lifestyle. Set at the head of the Alberni Inlet, Port Alberni is a true marine gateway to the Pacific, with access to deep-water port facilities, marine services, seafood processing, logistics and export opportunities. Its industrial roots remain a major advantage. Wood products, advanced manufacturing, aviation, food processing, marine trades and construction all draw from a skilled, practical workforce of builders, movers and makers.

For retailers, entrepreneurs and developers, the investment opportunity is just as strong on land. Port Alberni offers prime commercial and retail space, available industrial lands and a local government focused on economic renewal. Businesses can establish, expand and stand out here without the cost pressures of larger Island communities. And then there is the lifestyle. Lakes, trails, mountains and world-class fishing are minutes away, while surfing, skiing and snowboarding are all within a

90-minute drive. Housing remains comparatively affordable for the region, commute times are short, airports are near and community pride runs deep. HGTV and Home Town Takeover Canada recently saw what locals already know: Port Alberni is a place with momentum, character and enormous potential. Come see for yourself why Port Alberni

PortAlberni_IIBC2026_SponCon_HP.indd 1

is ready for what’s next—and how your business can thrive here like nowhere else.

Learn more at portalberni.ca.

2026-08-12 10:32 AM

Wildly Investor friendly. Affordable West Coast Lifestyle

Manufacturing Hub

Prime Commercial and Retail Space

Marine Gateway to the Paciﬁc

Come see why HGTV chose Port Alberni, and why your business will thrive here like nowhere else. ChoosePortAlberni.ca Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

IIBC2026_HP.indd 5

INVEST in BC 2 0 2 6

2026-08-14 10:13 AM

THOMPSON OKANAGAN ▷ Barriere

▷ Oliver

▷ Cache Creek

▷ Osoyoos

▷ Clearwater

▷ Peachland

▷ Clinton

▷ Penticton

▷ Golden

▷ Princeton

▷ Kamloops

▷ Revelstoke

▷ Kelowna

▷ Salmon Arm

▷ Lytton

▷ Summerland

▷ Merritt

▷ Vernon

OF B.C. 11.7% SHARE POPULATION

Blending Urban with Rural

The Thompson Okanagan has learned how to attract talent and investment to set down roots year-round.

LOOKING FOR ICONS: Mountain biking at Kenna Cartwright Nature Park in Kamloops (right); Downtown Kamloops (bottom)

CONTINUED ON PAGE 36

34 INVEST in BC 2 0 2 6

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

TOP: TOURISM KAMLOOPS/DYLAN SHERRARD; BOTTOM: DESTINATION BC/TANYA GOEHRING

cross British Columbia, communities are facing up to the need for economic reconciliation at ground level with the province’s first peoples. But it’s not easy. First Nations’ understanding of their rights and title does not always mesh with Canada’s legal system. Resource development and recreational use can rub up against the duty to consult with those who see the impact in their traditional territories. Four Secwépemc Nations in the Thompson River valley (Neskonlith, Adams Lake, Skwlāx, and Splatsin), in partnership with the Province of B.C. and industry, last year collaborated on a new working model, known as Stselxmēms r Stselxmēm (SSMP) Demonstration Block. Rooted in Secwépemc law and knowledge, the project moves beyond consultation to true, shared decision-making through an elder- and knowledge-keeper-led model governing the use of popular recreational lands in the Chase-Harper watershed east of Kamloops. And it’s already delivered results, such as innovative revenue sharing, sustainable forest harvesting practices

MER R I T T

MERRITT IS A PLACE WHERE EXPERIENCE MEETS OPPORTUNITIES Growing industries find their place in Merritt.

he City of Merritt is a community that understands production, values hard work and embraces innovation. Located in the Nicola Valley, Merritt offers developers and manufacturers the rare combination of space, speed and scale necessary to innovate in today’s competitive economy. DEVELOPMENT OPPORTUNITY: 220 ACRES Merritt offers a scale rarely available for pre-zoned and serviced industrial development in southern B.C. and Greater Vancouver. There are 85 acres of greenfield land available. There is mid- to long-term brownfield industrial revitalization

Merritt_IIBC2026_SponCon_HP.indd 1

on 135 acres of land. All land parcels in Merritt are flat and serviced to the street. Merritt’s community vision sees these four development areas as having the potential to realize supply and value chain advantages by clustering and converging ecosystem development in three key target sectors: l ogistics, value-added wood products manufacturing, and agri-food.

FOR EXPANDING INDUSTRIES, MERRITT OFFERS: • Lower land cost • Flexible zoning • Highway access (Coquihalla) • Workforce availability • Faster approvals • Room to scale

Learn more at Merritt.ca or email ecdev@merritt.ca.

2026-07-29 10:38 AM

THOMPSON OKANAGAN

REGIONAL POPULATION (2025)

670,000

UNEMPLOYMENT RATE (MAY 2026)

8.1%

TOP EMPLOYERS BY INDUSTRY (2023) Health care & social assistance

15.9% 11.7% Construction 10.3% Retail trade

FORECAST EMPLOYMENT GROWTH, 2025-35

28,400

A REGION OF VARIETY In many ways, the Thompson Okanagan, which combines thriving cities with remote range and forest lands spanning B.C.’s Southern Interior, is a crucible for creating new pathways for inclusive economic development. With its own University of British Columbia campus in Kelowna, the region is home to both traditional resource industries such as agriculture and forest products and knowledge-based ones such as software development, aerospace and health sciences. Long a popular summer vacation spot, the Okanagan Valley has seen significant inmigration with the rise of remote work. The City of Penticton is trying to maintain the momentum with Start Here Penticton, an integrated platform to attract year-round residents and investment in one fell swoop. 36 INVEST in BC 2 0 2 6

TOP: COURTESY OF PENTICTON; BOTTOM: DESTINATION BC/UNOAKED PHOTOGRAPHY

and the protection of culturally and ecologically significant sites. That’s why the BCEDA this year honoured the SSMP Demonstration Block with its Economic Reconciliation Award at its annual BC Economic Summit conference in May. BCEDA called it “a powerful, living example of reconciliation in action, and a model that can be replicated across the province.”

The platform leverages the stories of real people who made the move and brings together career opportunities, business resources, relocation information and lifestyle content into a single digital hub. For that, BCEDA honoured Penticton with this year’s the Economic Development Marketing Innovation Award – More Than 25,000 Population.

THRIVING CITIES: Penticton (top); Karat Chocolate Boutique in Kelowna (bottom)

BUILDING PERMIT VALUES (2025)

$2.67 BILLION

HOUSING STARTS (2025)

3,951

VALUE OF MAJOR PROJECTS PLANNED OR UNDER CONSTRUCTION (Q3 2025)

$24.7 BILLION

BUSINESS INCORPORATIONS (2025)

4,296

SOURCES: B.C. LABOUR MARKET OUTLOOK , STATISTICS CANADA AND B.C. STATS.

CONTINUED ON PAGE 36

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

Ashcroft_IIB

A SHCR OF T

THE OPPORTUNITY IS ALREADY HERE. THE HOTEL ISN’T.

ocated in British Columbia’s Thompson region, the Village of Ashcroft is a growing industrial, transportation and agricultural hub actively seeking hotel and hospitality investment. Ashcroft is home to British Columbia’s largest inland port, Ashcroft Terminal, and is served by Canadian Pacific Kansas City (CPKC) and Canadian National (CN). Major employers including Teck Highland Valley Copper, Koppers Ashcroft, IG Machine & Fibres, Desert Hills Ranch and School District No. 74 generate steady year-round business travel. As a regional service centre, Ashcroft also supports government, commercial and professional services that bring visitors to the area every day. Known as Canada’s only true desert, Ashcroft is also

BC2026_SponCon_QP.indd 1

an emerging tourism and film destination, attracting outdoor enthusiasts, production crews and travellers from across British Columbia and beyond. Despite this growing economic activity, Ashcroft currently has no full-service hotel. That means business travellers, contractors, tourists and event participants have limited accommodation options, creating a significant and underserved market. The Village of Ashcroft is committed to supporting responsible investment and is actively seeking hotel and hospitality partners ready to capitalize on one of British Columbia’s strongest untapped hotel opportunities.

Learn more at ashcroftbc.ca.

THE OPPORTUNITY IS ALREADY HERE. THE HOTEL IS NOT. Explore a significant hospitality investment opportunity.

INVEST IN ASHCROFT

Photo by Stefanie Murphy

Join BCEDA

2026-08-04 2:45 Ashcroft_IIBC2026_QP.indd 1 PM

BC Economic Development Association

2026-08-12

The premier professional association for economic development practitioners in the Province of British Columbia, with a membership exceeding 500. Join and enjoy discounted event registration, complimentary subscriptions, online resource library and a multitude of tools, services and professional development to support your economic development initiatives.

www.bceda.ca Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

SCAN FOR MORE INFO INVEST in BC 2 0 2 6

THOMPSON OKANAGAN

MAJOR INVESTMENTS ON TAP In Princeton, Hudbay Minerals broke ground in June on the New Ingerbelle Expansion of the Copper Mountain copper, gold and silver mine, which promises to support 800 jobs through 2040. In Kamloops, pulp and paper company Kruger is installing a $22-million clean energy facility aimed at replacing natural gas fuel with “green” hydrogen derived from water. The other major byproducts of the process, oxygen and lime, will also be used, to bleach the packaging paper produced. The switch is projected to reduce the 50-year-old mill’s greenhouse gas emissions by 7,000 tonnes a year, equivalent to taking more than 1,200 cars off the roads. The mill will also become a net generator of electricity by burning carbon-neutral wood waste in its kiln. Telecommunications company Telus is also investing in Kamloops, expanding its data centre here in an effort to boost artificial intelligence infrastructure capacity. Backed by the federal government’s Enabling LargeScale Sovereign Data Centres initiative, the project, which also includes two Telus sites in Metro Vancouver, could generate up to $9 billion in economic value for B.C. and create hundreds of permanent jobs, the company said. 38 INVEST in BC 2 0 2 6

BUILDING SOMETHING ICONIC Tourism Kamloops is also intent on raising the city’s profile as a tourism destination. Last year it launched a unique campaign, the Iconic Structure Project, aimed at soliciting proposals for built structures that might serve both as tourist attractions and visual signatures for the community. In less than a year, the project has generated interest from qualified developers and identified three possible development candidates: a Nordic spa, a tower and adventure park and a skywalk over the area’s hoodoos rock formations. The initiative earned Tourism Kamloops BCEDA’s 2026 Tourism & Economic Development Award – More Than 25,000 Population. “This is about building more than attractions,” said Nic Zdunich, destination development manager |for Tourism Kamloops. “These are long-term economic drivers, anchors that will turn Kamloops from a stopover into a must-stop. Once we started asking the right questions—What should we build? What do visitors want?—the answers came fast. We’re ready now to deliver something iconic.” •

TOP: DESTINATION BC/ANDREW STRAIN; BOTTOM: DESTINATION BC/@VANCOUVERFOODIE

FROM PAGE 36

BALANCED LIFESTYLE: Kayaking on Okanagan Lake (top); Painted Rock Estate Winery with views of Skaha Lake (bottom)

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

S ALMON ARM

THE PERMANENT GETAWAY Where the work-life balance isn’t a goal, it’s the local lifestyle.

almon Arm is the kind of place where a business idea can arrive before the vacation ends. On the way out for a morning paddle on Shuswap Lake, you’ll find tourists looking for outdoor equipment, lessons and guided experiences. Strolling through town, you can’t help but imagine the business possibilities in food, health and wellness, retail and services as well as experiences shaped around visitors who want to do more than just pass through. Beyond the waterfront lies a wealth of trails, farms and cultural experiences. There is also a growing calendar of events that creates room for operators to help people experience the region in new ways. The opportunity is not limited to tourism. Salmon Arm’s economy brings

together advanced manufacturing, agriculture, forestry, health care, technology, food and beverage, hospitality and professional services. This diversity gives entrepreneurs access to suppliers, skilled workers, local knowledge and customers throughout the region. A visitor-focused business might begin with paddleboard rentals or guided cycling tours, then grow into transportation, equipment production, digital booking services, corporate retreats or year-round recreation. Ambition does not have to compete with quality of life in Salmon Arm. Your morning can

SalmonArm_IIBC2026_SponCon_HP.indd 1

Photo Credit: Whitney Collins

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

IIBC2026_HP.indd 6

begin on a trail, your workday can reach global markets and your evening can end on the lake. Located on Hwy 1 between Vancouver and Calgary, and approximately 90 minutes from Kelowna International Airport, Salmon Arm offers regional access without the congestion of a major urban centre. Here, a ten-minute commute can mean more time to build a company, connect with customers and still reach Shuswap

Lake before dinner. The question is not simply why Salmon Arm. It is what you will build here.

Ready to explore commercial opportunities or schedule a tour? Contact Kate Watson at Salmon Arm Economic Development Society at edo@saeds.ca, or visit saeds.ca.

2026-08-18 10:24 AM

www.saeds.ca INVEST in BC 2 0 2 6

2026-08-13 11:38 AM

KOOTENAY ▷ Castlegar

▷ Nakusp

▷ Cranbrook

▷ Nelson

▷ Creston

▷ New Denver

▷ Elkford

▷ Radium Hot

▷ Fernie

Springs ▷ Rossland ▷ Slocan ▷ Sparwood ▷ Trail

▷ Grand Forks ▷ Invermere ▷ Kaslo ▷ Kimberley

OF B.C. 3.1% SHARE POPULATION

Small-town Ingenuity

With affordable housing, abundant recreational opportunities and some of B.C.’s best scenery, the Kootenays continue to attract innovative businesses and solutions.

hould you find yourself driving through the Kootenay mountain town of Castlegar, you can’t miss The Confluence. The 8,500-square-foot building brings together the local visitor centre, chamber of commerce, economic development office, meeting space, coworking spaces and Destination Castlegar all under one roof. The Passive Housecertified building, made of an advanced wood composite from local manufacturer Kalesnikoff Mass Timber, uses 85 percent less energy than standard-design facilities of comparable size and function. More than just a building, The Confluence represents a new model for how small and rural communities can put their best foot forward and deliver integrated, collaborative services—which is why the British Columbia Economic Development Association (BCDEA) bestowed it with the Community Project Award – 10,000 to 25,000 Population this year. Since its opening in 2024, the facility has become a vibrant hub, welcoming visitors, hosting more than 150 events and providing a shared space for entrepreneurs, businesses and community partners. In presenting the award, BCEDA called the facility “an innovative and highly replicable model for rural economic development.” But of course the Kootenay region, nestled in B.C.’s scenic and mountainous 40 INVEST in BC 2 0 2 6

NEW MODEL: Aerial view of Castlegar (right); The Confluence (bottom left); Wood framing for housing (bottom right)

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

KOOTENAY

REGIONAL POPULATION (2025)

176,617

UNEMPLOYMENT RATE (MARCH 2026)

TOP: DESTINATION BC/KARI MEDIG; BOTTOM LEFT: DESTINATION CASTLEGAR/MATTHEW BOLT; BOTTOM RIGHT: ADOBE STOCK/ANDY DEAN

7.1%

southeast corner, abounds with examples of home-grown ingenuity. People here go the extra mile just to live in a place that combines quaint, historic towns, an affordable cost of living and outstanding opportunities for outdoor recreation. In addition to legacy industries such as mining, smelting, forest products, hydropower and farming, you’ll find nontraditional businesses like Kicking Horse Coffee Roasters in Invermere, Edison Motors (hybrid truck manufacturing) in Golden and ThoughtExchange (software) in Rossland. THE REGION’S HUB LEADS THE WAY The City of Cranbrook, the largest centre in the region with a population of 23,000, recently hosted ConvergeX, a conference Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

TOP EMPLOYERS BY INDUSTRY (2024) Health care & social assistance

15.2% 14.7% Construction 9.5% Retail trade

FORECAST EMPLOYMENT GROWTH, 2025-35

4,100

BUILDING PERMIT VALUES (2025)

$565.4 MILLION

HOUSING STARTS (2025)

194

VALUE OF MAJOR PROJECTS PLANNED OR UNDER CONSTRUCTION (Q3 2025)

$9.9

BILLION BUSINESS INCORPORATIONS (2025)

898

SOURCES: B.C. LABOUR MARKET OUTLOOK , STATISTICS CANADA AND B.C. STATS.

INVEST in BC 2 0 26

KOOTENAY

SHORT-HOP DESTINATION: City of Crabrook (top); Fernie Alpine Resort (bottom left); Enjoying the hot pools at Fairmont Hot Springs Resort (bottom right)

RESOURCE INDUSTRIES STILL CONTRIBUTE All the while, elevated global commodity prices are helping to keep resource industries vital to the Kootenay economy. Elk Valley Resources, owned by global commodity giant Glencore plc and Japan’s Nippon Steel, has applied to extend the life of its Fording River metallurgical coal mine near Elkford, one of four such mines in the area that collectively employ 5,500 workers. If approved, the extension would begin construction in 2028 and begin operations two years later. 42 INVEST in BC 2 0 2 6

TOP: ADOBE STOCK;BOTTOM LEFT: DESTINATION BC/DAVE HEATH; BOTTOM RIGHT: DESTINATION BC/KARI MEDIG

that brought together thought leaders in the areas of aerospace, defence and supply chains to explore cross-sector industrial collaboration in light of the federal government’s push to increase military spending, procurement and readiness. The nearby Canadian Rockies International Airport saw 176,000 passengers in 2025, almost equalling its pre-pandemic high. In response, YXC is upgrading facilities and expanding its capacity. Cranbrook also recorded its highest ever quarterly building permit total in the first quarter of 2026—$243 million, which exceeded the entire total of construction values for 2025. The building boom included 148 residential units, along with institutional, commercial and industrial projects. Sitting adjacent to booming Alberta, the Kootenay region is also a favourite shorthop vacation destination. Fernie Alpine Resort and Kimberley Ski Resort have both proposed major expansions. Construction has begun on the Blackstone Resort Development in Fernie, which will include a Greg Norman-designed golf course. Longer term, plans are afoot for a 25-year revamp and expansion of the Fairmont Hot Springs resort and golf course.

Golden_IIB

Metals miner Teck Resources is implementing an $850-million capital upgrade of its smelter in Trail. Hitherto focused on refining lead and zinc and recycling e-waste, the smelter will in future be able to process strategic byproducts including germanium, gallium and antimony. The upgrade is expected to create an additional 100 jobs in the community. Even the forest industry, which has suffered due to new trade barriers, shrinking paper demand, diminished

timber supply and the housing slump across North America, is finding ways to carve out new markets. Kalesnikoff, the mass timber manufacturer that supplied much of the building material for The Confluence, started up an innovative facility in 2025 capable of making prefabricated housing components from wood-based composite materials. This year the plant was awarded a $5.5-million repayable investment from the federal government as part of its Regional Tariff Response Initiative. •

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

G OLDEN

A DIVERSIFIED ECONOMY, DIRECT TO WESTERN CANADA’S BUSIEST CORRIDOR

olden sits at the crossroads of two important corridors: The Trans-Canada Highway running east-west between Calgary and Vancouver, and Highway 95 running north-south through the Columbia Valley toward the U.S. border. That intersection extends Golden’s reach, putting 10 million regional consumers within a day’s drive. The Calgary International Airport is only three hours away, and the route connects Golden south through the Kootenays and into cross-border markets. Here, rail-freight concentration runs 15 times the provincial average—a working logistics corridor, not just a scenic one. That access underwrites a diversified economy: five major employment sectors give Golden a diversity index of 73, ahead of

the B.C. average of 69, across 2,215 businesses. Labour force participation runs at 70.2 percent, well ahead of B.C.’s 63.3 percent average, while 7,311 residents and over one million annual visitors keep demand steady through every season. The proof is already here. An ultralight outdoor-gear brand (Durston Gear), a mass-timber manufacturer (International Timberframes) and a craft brewery (Whitetooth Brewing) all chose Golden to grow—evidence that ambitious operators, across very different industries, find the room, the workforce and the market they need. Read their stories and learn more at investingolden.ca. Connect with us: @GoldenCED

BC2026_SponCon_QP.indd 1

Photo: Tourism Golden / Dave Best

Photos: Whitetooth Brewery (Elora Braden), International Timberframes, Ethos Cafe (Maur Mere Media)

Where Businesses Grow and People Stay Golden & Area combines real advantages for businesses with the kind of community people build their lives around. V I S I T O U R I N V EST N E N T P R O F I L E INVESTINGOLDEN.CA

Become a Partner with BCEDA

IIBC2026_QP.indd 2026-08-24 3 10:09 AM

BC Economic Development Association

2026-08-12

“BCEDA is working hard to build strong sustainable communities throughout British Columbia. The Partnership Program is a unique opportunity to connect with local governments, indigenous communities, and representatives from various economic sectors. We encourage others to support the work of BCEDA and the work of local economic development programs.” — BCEDA PARTNER

www.bceda.ca

SCAN FOR MORE INFO

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

INVEST in BC 2 0 26

CARIBOO ▷ 100 Mile House

▷ Quesnel

▷ Barkerville

▷ Valemount

▷ Mackenzie

▷ Wells

▷ McBride

▷ Williams Lake

▷ Prince George

OF B.C. 3% SHARE POPULATION

Resilience through Collaboration In an uncertain global economy, the Cariboo’s community spirit shines through.

hen the U.S. administration of President Donald Trump imposed a litany of tariffs targeting Canadian imports in the spring of 2025, the business community in and around Prince George didn’t take it lying down. Leaders from city government, business and industry associations banded together quickly and decisively. Within days, the group was reaching out to hundreds of businesses to better understand the impact in the export-oriented local economy and to provide real-time support. As U.S. trade actions and the reactions from Canada’s federal government dragged on, Support PG Tariff Response continued that work, helping businesses connect with resources, advisory services and workshops designed to help them navigate the ongoing uncertainty. The effort served to amplify local voices, delivering their on-the-ground insights to federal and provincial decision-makers. It helped ensure that, in Prince George at least, the worst outcome of the trade war did not play out. Prince George is the hub city of the Cariboo, which occupies B.C.’s central plateau country, and the north of the province more broadly. It is the service and industrial centre of the region, with its own university, the University of Northern British Columbia (UNBC), and a busy international airport with service to dozens of destinations. In recent years it has served as the operational headquarters of many of the resource and infrastructure megaprojects built or still under construction across the north. Prince George plays a key role in the service sectors 44 INVEST in BC 2 0 2 6

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

CARIBOO

REGIONAL POPULATION

175,000 UNEMPLOYMENT RATE (MAY 2026)

6.2%

TOP EMPLOYERS BY INDUSTRY (2025) Health care & social assistance

17.7% 12.4% Manufacturing 10.3% Retail trade

NORTHERN HUB: City of Prince George (top); Horseback riding and herding cows in the Dog Creek Valley in Churn Creek Protected Area, southeast of Williams Lake (bottom)

TOP: COURTESY OF PRINCE GEORGE; BOTTOM: DESTINATION BC/MICHAEL BEDNAR

too, including health care. The University Hospital of UNBC in Prince George, which serves patients across the north, is planning a $1.5-billion, 11-storey acute care centre that should reduce the need for northern residents to seek care outside the region. Cariboo Memorial Hospital in Williams Lake is likewise undertaking a 50-bed, $367-million expansion. SUNRISE INDUSTRIES: CRITICAL MINERALS AND CLEAN ENERGY Outside Prince George, the economy of the Cariboo is based on mining, forest products, transportation, ranching and tourism. Amid high prices for copper, gold and other minerals, mining exploration and production in particular is on the rise. In 2025, the Blackwater gold mine commenced operations, adding to the list of operating mines in the region, including the Gibraltar copper-molybdenum mine near Williams Lake, the Mount Milligan copper-gold mine northwest of Prince George and the Mount Polley copper-gold mine near Quesnel. In January, B.C.’s Environmental Assessment Office approved an extension of Mount Milligan operations through 2035. The project will increase the mine’s output by 6,500 tonnes of ore per day. Pending further approvals, it is expected to bring more jobs (in addition to the 600 existing positions) and $450 million in investment to the region. Osisko Development Corp. was granted an operating permit in late 2024 to continue developing its nearly

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

FORECAST EMPLOYMENT GROWTH, 2025-35

2,200

BUILDING PERMIT VALUES (20245)

$483.7 MILLION

HOUSING STARTS (2025)

505

VALUE OF MAJOR PROJECTS PLANNED OR UNDER CONSTRUCTION (Q3 2025)

$10.2 BILLION

BUSINESS INCORPORATIONS (2025)

732

SOURCES: B.C. LABOUR MARKET OUTLOOK , STATISTICS CANADA AND B.C. STATS.

INVEST in BC 2 0 2 6

CARIBOO

TOP: COURTESY OF QUESNEL; MIDDLE AND BOTTOM: NORTHERN DEVELOPMENT; BOTTOM

WORKING TOGETHER: City of Quesnel (top); The Valemountain Days Parade event organizers regularly receive $2,500 through the Fabulous Festivals and Events program (middle); Ribboncutting ceremony for the new Lheidli T'enneh Memorial Park playground, $30,000 Community Places grant (bottom)

46 INVEST in BC 2 0 2 6

$1-billion Cariboo Gold Project near Wells and Quesnel. The project is in its final permitting and financing phase and could begin producing as early as 2027. Defense Metals Corporation’s Wicheeda rare earth metals project northeast of Prince George was added to the province’s list of priority major projects this year. Designated projects receive expedited approvals aimed at speeding up the process of bringing mines into production. Investors are looking to expand the region’s manufacturing base too. Startup Skookum Manufacturing has proposed building a wind tower manufacturing plant on the site of a former sawmill 30 kilometres west of Prince George. Wind power equipment has been subject to tariffs between the U.S. and Canada, which is opening the door for domestic manufacturers to ramp up production. The proposed facility would create 400 jobs during construction and 300 during operations. It’s just another example of local ingenuity turning crisis into opportunity. The Cariboo Regional District, which governs rural areas of the region, has been proactive about expanding broadband and cellular connectivity even to some of the more remote reaches of the Cariboo. In this way, local government is ensuring that small communities can fully participate in the economy of today and tomorrow. • Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

PR INCE GE OR GE

THE ECONOMIC ENGINE OF THE NORTH Prince George is Northern British Columbia’s industrial services and logistics hub.

ll eyes are on British Columbia’s north. The vast region is being tapped for its economic potential in industry, energy and natural resources. At the heart of this potential is the city of Prince George. Prince George is the regional connector to the province’s growing economic engine. Known as the province’s northern capital, Prince George is the largest city in Northern B.C., with a population expected to pass 100,000 in the

next census. As the region’s soonto-be metropole, Prince George is already a service centre of a wide-ranging regional economy in forestry, mining, energy, transportation and public services. Prince George also has a growing role in clean energy, value-added forestry and miningrelated services. The city is wellpositioned near many fast-tracked major projects of provincial and federal significance. Roughly 20 major projects across Northern

PrinceGeorge_IIBC2026_SponCon_HP.indd 1

B.C.—valued at $50 billion in investment—could use Prince George as a service and supply hub. From critical mineral mines to natural gas and wind power sites, these are the projects set to power the province and country’s economy. Prince George itself is also home to phase one of the federal North Coast Transmission Line, connecting low-cost, clean electricity to communities along the West Coast.

For businesses moving north to Prince George, the city has a young, skilled population with plenty of career potential at a median age of 37.5. Prince George has also seen an 11 percent increase in job growth between 2021 and 2025, with 4,100 businesses in the city as of 2026. With strong foundational infrastructure in industrial land availability, established transportation networks and major post-secondary institutions, Prince George’s economy is already advancing. Investing in Prince George isn’t just a promise for the city. It’s an investment in British Columbia and Canada’s future. The City’s recently approved 2026 Economic Development Strategy is available to support businesses considering Prince George.

To learn more, visit investprincegeorge.ca.

2026-08-24 9:39 AM

QUE SNEL

INVESTMENTS ARE UP IN QUESNEL Life isn’t always quiet in the Cariboo city of Quesnel, a place full of community, connection and opportunity.

n the heart of British Columbia’s Cariboo region is Quesnel, a riverside city that’s quietly connecting the province’s north. Only an hour and 20 minutes by car from Prince George, Quesnel is located directly on B.C.’s main north-south corridor, providing easy access to major transportation hubs. Quesnel offers significant economic opportunity—and

Quesnel_IIBC2026_SponCon_HP.indd 1

48 INVEST in BC 2 0 2 6 IIBC2026_HP.indd 3

investors are already taking advantage. A new long-term care home is coming, adding 221 new beds to support the growing senior population. Construction is underway for the long-anticipated Fairfield Marriott Hotel in partnership with the Lhtako Dene Nation. The Cariboo Gold Project is ready to break ground, expecting to return millions in economic benefit to local communities.

The City of Quesnel is actively investing in its future. It’s currently working on major infrastructure developments such as the Johnston Bridge reconstruction and the new Carson Elementary School with childcare opening in 2026. Many projects have also recently been completed, including the GR Baker Hospital expansion in 2023. These investments are building a strong

foundation for a thriving and wellsupported community. Quesnel is a meaningful move for many families, too. With some of the most affordable rental and housing prices in the province, Quesnel offers an accessible path to home ownership: 75 percent of private households here are owned. Nature is also right at your door. Whether it’s fishing, hiking, mountain biking or cross-country skiing, outdoor adventure is a quick walk or drive away in Quesnel. It’s the best of rural living without sacrificing urban amenities. Quesnel offers professional opportunities, a close-knit community and ready access to some of the region’s best outdoor experiences.

Visit quesnel.ca for more, or visit data.quesnel.ca for information on the current market and demographics.

2026-08-06 4:14 PM

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

2026-08-06 11:18 PM

B.C.’S ECONOMY IS BUILT ON CONNECTIONS. Make yours at the 2027 BC Economic Summit. CONNECTING COMMUNITIES. ALIGNING ACTION. AMPLIFYING IMPACT. Economic development doesn’t happen in isolation. It happens when communities, Indigenous Nations, businesses, industry, government and economic development leaders come together to share ideas, build relationships and turn opportunities into action. The 2027 BC Economic Summit brings together people from across British Columbia to explore the challenges, opportunities and partnerships that will shape our economic future.

May 17–20, 2027 Penticton Trade and Convention Centre Penticton, British Columbia

For partnership opportunities connect with us at ceo@bceda.ca bceda.ca

Be part of the conversation shaping B.C.’s future. Register today at bceconomicsummit.ca

NORTH COAST/NECHAKO ▷ Atlin

▷ Granisle

▷ Port Clements

▷ Skidegate

▷ Burns Lake

▷ Hazelton

▷ Port Edwards

▷ Smithers

▷ Cassiar

▷ Houston

▷ Port Simpson

▷ Telegraph Creek

▷ Dease Lake

▷ Kitimat

▷ Prince Rupert

▷ Telkwa

▷ Fort St. James

▷ Masset

▷ Queen Charlotte City

▷ Terrace

▷ Fraser lake

▷ New Hazelton

▷ Sandspit

▷ Vanderhoof

OF B.C. 1.8% SHARE POPULATION

Mission Critical

The resource investment boom continues in B.C.’s remote northwest.

50 INVEST in BC 2 0 2 6

TOP PRIORITY: Phase 1 of LNG Canada in Kitimat

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

LNG CANADA

or two regions with a small and widely dispersed population, the North Coast and Nechako are right now the focus of national and even international attention. Resource and infrastructure projects here are considered so economically significant that they have been designated as priorities by the federal and provincial governments. “Four of the 12 major projects in Canada’s interest are in Terrace’s backyard,” notes Michael Pucci, lands and economic development manager for the centrally located City of Terrace, speaking about projects meant to help the country diversify its export markets in response to U.S. tariffs. Those include Phase 2 of LNG Canada in Kitimat (Phase 1 went into service in 2025), Ksi Lisims LNG north of Prince Rupert, an expansion to the Red Chris copper-gold mine near Dease Lake and the North Coast Transmission Line that will essentially double the electrical power supply to the region. In addition, 13 critical mineral mines have been proposed for the region, promising up to $37 billion in economic activity. It’s not just outsiders investing in the region. The area’s original inhabitants have become integral to economic development in the northwest. In January, the Nisga’a Nation signed a memorandum of understanding with BC Hydro to connect the utility’s expanding North Coast Transmission Line to the Ksi Lisims LNG terminal, to be located on Pearse Island, north of Prince Rupert. The line will have a capacity of 600 megawatts. The use of electric power instead of natural gas to drive the chilling process will make the facility one of the lowest-emission LNG terminals in the world. A final investment decision on Ksi Lisims is expected in the near future.

K I TIMAT

KITIMAT IS SET TO POWER CANADA’S ENERGY FUTURE Kitimat combines industrial strength, livability and economic opportunity.

he District of Kitimat is home to one of Canada’s nationbuilding projects and is poised for growth as it underscores its place as Canada’s new energy hub. In 2025, the LNG Canada project first shipped liquified natural gas from Kitimat, capping off an immense construction project that is the country’s largest private investment. The LNG Canada project spurred other initiatives, including

the Haisla-led Cedar LNG project currently under construction. Kitimat boasts an impressive combination of robust infrastructure and affordability. With high-speed internet, rail connections, highway access and an airport just a 30-minute drive away, Kitimat is well-equipped to support growth. Given that the average home is priced at just $419,500, Kitimat also offers a rare chance to own property in B.C.’s

desirable real estate market. Originally built in the 1950s to serve the aluminum sector, Kitimat remains home to Rio Tinto’s recently modernized smelter and a skilled workforce. Today, the town is a vibrant hub where global investment opportunities meet a balanced West Coast lifestyle. With an operating LNG facility and another in construction, Kitimat has ample investment opportunities supported by a community with a stable tax base. Residents and the local workforce are also well served with local businesses and recreation amenities. Kitimat’s position on the coast opens

access to saltwater adventures, while the Kitimat River provides world-class fishing. Within the community, there are municipalrun recreational facilities, an 18-hole golf course and many local restaurants. There is also a ski hill at the nearby Shames Mountain just an hour away.

Learn more about the Kitimat experience at kitimatbound.ca. Learn more about Kitimat’s investment potential at kitimat.ca/invest.

Kitimat_IIBC2026_SponCon_HP.indd 1

2026-08-05 11:36 PM

kitimatbound.ca/entrepreneurs

Choose more freedom and adventure

Choose more investment opportunities

Choose more affordable homes

Choose to do business in Kitimat. Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

IIBC2026_HP.indd 2

INVEST in BC 2 0 26

2026-07-30 1:57 PM

NORTH COAST/NECHAKO

TOP: NORTHERN BC TOURISM/MARTY CLEMENS; BOTTOM: ADOBE STOCK/ FARKNOT ARCHITECT

REGIONAL POPULATION (2025)

ENERGY EXPORT HUB: Kitimat (top); the District is working to revitalize Kitimat's downtown (bottom)

102,400

UNEMPLOYMENT RATE (MAY 2026)

8.7%

TOP EMPLOYERS BY INDUSTRY (2024) Health care & social assistance

13.3% 10.7% Transportation & Construction

warehousing

12.1%

FORECAST EMPLOYMENT GROWTH, 2025-35

2,500

INDIGENOUS PARTNERSHIP In December, Tahltan Nation members voted 77.4 percent in favour of an impact and benefit agreement with Skeena Resources that is expected to generate $1.7 billion in cash payments and contracts arising from the revitalization of the Eskay Creek gold mine. Soon after, in January, the B.C. government issued a key environmental certificate for the project. In 2025, the Nisga’a and Tahltan Nations announced a partnership with Arrow Transportation for the Port of Stewart bulk terminal. Located on the border with Alaska, this is the most northerly port facility in B.C., and it handles copper and other critical mineral concentrates coming from the Golden Triangle and helps export them to refiners abroad. Cedar LNG, currently under construction and jointly owned by the Haisla Nation and Pembina Pipeline Corp. of Calgary, announced another milestone in the project last fall in the form of a 20-year contract with Malaysian energy company Petronas to supply a million tonnes of LNG per year. Cedar is expected to begin operations in 2028. This year, BC Hydro began the process of re-deploying its work camp used on the nowcompleted Site C dam project to sites along the North Coast Transmission Line. Constructed was slated to begin this summer. 52 INVEST in BC 2 0 2 6

In the Nechako region, FPX Nickel Corp. of Vancouver is proposing to build B.C.’s first nickel mine 80 kilometres northwest of Fort St. James. The mine is projected to increase Canada’s output of the critical mineral by 40 percent. AUTHENTIC, LOCAL CHARACTER It’s not just megaprojects on tap either. A town full of young, working families, Kitimat recently welcomed Nana’s Little Play Town Café, a combination café, play space for children and community social services hub. Meanwhile, the Pop-Up Shop Pilot Program, an initiative of the Kitimat Chamber of Commerce, coordinates rent holidays for new businesses attempting to open permanent storefronts, enabling them to move out of basements and garages and help revitalize the district’s downtown. Against this backdrop of torrid investment, the District of Kitimat launched a labour attraction campaign last year that eschewed slick messaging in favour of honesty, humour and authenticity. Kitimat: It’s Not for Everyone repositioned the coastal boomtown as a place to live, work and belong and became a viral hit, generating two million impressions online. The achievement was recognized this year with an Economic Development Marketing Innovation Award – Less Than 10,000 Population from BCEDA. •

BUILDING PERMIT VALUES (2025)

$244.9 MILLION

HOUSING STARTS (2025)

158

(PRINCE RUPERT AND TERRACE ONLY)

VALUE OF MAJOR PROJECTS PLANNED OR UNDER CONSTRUCTION (Q3 2025)

$91.7 BILLION

BUSINESS INCORPORATIONS (2025)

353

SOURCES: B.C. LABOUR MARKET OUTLOOK , STATISTICS CANADA AND B.C. STATS.

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

SMI THER S

SMITHERS IS BRIMMING WITH OPPORTUNITY The Northern B.C. town is home to a vibrant community and a skilled workforce.

mithers is strategically positioned as a key gateway for supply, service and logistics to Northern B.C.’s resource economy, major projects and the mineral-rich Golden Triangle. Investors benefit from direct

access to air, rail and highway transportation networks that connect businesses to markets across the region and beyond. As the regional service centre, Smithers supports a vibrant and resilient economy. Resource

development remains an important economic driver, with nearly 100 local firms providing an estimated $95 million in goods and services annually to mining and exploration projects in B.C. The community is further diversified across economic sectors including transportation, construction, health care, government services, education, retail, tourism and professional services, creating stability and long-term growth. Smithers is home to more than 750 active businesses and

a strong entrepreneurial culture. The community features a skilled workforce, growing commercial activity and opportunities for industry cluster development all within a scenic mountain destination that continues to attract business investment and new residents. The Town of Smithers is here to support investors and businesses as they navigate opportunities in the community.

For resources and information on available land and development potential, commercial and industrial spaces, economic statistics and growth opportunities, visit smithers.ca.

Smithers_IIBC2026_SponCon_HP.indd 1

2026-08-13 2:44 PM

Where

Ambition Meets Adventure

Photo: Camus Photography

www.smithers.ca Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

INVEST in BC 2 0 26

NORTHEAST ▷ Chetwynd

▷ Hudson’s Hope

▷ Dawson Creek

▷ Pouce Coupe

▷ District of Mackenzie

▷ Taylor

▷ Fort Nelson

▷ Tumbler Ridge

▷ Fort St. John

REGIONAL POPULATION (2025)

72,015

OF B.C. 1.3% SHARE POPULATION

UNEMPLOYMENT RATE (MAY 2026)

8.6%

Northern Powerhouse

TOP EMPLOYERS BY INDUSTRY (2024) Mining & oil & gas extraction

15.7% 11.8% Health care & social Construction

Blessed with abundant energy, the Northeast region punches above its weight.

services

11.1%

54 INVEST in BC 2 0 2 6

FORECAST EMPLOYMENT GROWTH, 2025-35

1,900

BUILDING PERMIT VALUES (2025)

$98.6 MILLION

HOUSING STARTS (2025)

VALUE OF MAJOR PROJECTS PLANNED OR UNDER CONSTRUCTION (Q3 2025)

$37.5

TOP: LNG CANADA; MIDDLE & BOTTOM: BC HYDRO

ew southerners stop to think of it this way, but British Columbia is a prairie province. About onesixth of B.C.’s land mass lies east of the Continental Divide, from the front ranges of the Rocky Mountains down to the rolling plains of the Peace River country. In many ways, the economy of the Northeast resembles that of neighbouring Alberta. Oil and gas exploration and production is the leading industry here, with agriculture, metallurgical coal mining, hydroelectric power and the forest industry playing supporting roles. Natural gas output from the gigantic Montney, Horn River and Liard Basin shale formations is expected to only grow following the completion of the LNG Canada terminal in 2025 and the ongoing construction and planning of still more marine export capacity. These megaprojects will end up diverting a sizable share of Canada’s current natural gas production to previously untapped markets on the Pacific Rim. That’s expected to support prices for the resource and spur further exploration, feeder pipelines and future production. In addition to natural gas, liquefied petroleum gas exports are surging too; Chinese imports from B.C. in early 2026 rose by a factor of 12 compared to a year earlier. And the demand for natural gas in North America is growing too. In April 2026, gas transmission company Enbridge received approval for its Sunrise Expansion Program, which will add 300 million cubic feet per day of pipeline capacity, bringing gas from the Northeast to markets in southern B.C. and Washington state. The project is now under construction and is expected to be in service in 2028. The Northeast makes a huge contribution to the clean energy conversation as well. The three dams on the Peace River—including the recently completed and now operational John Horgan Dam (formerly known as Site C)—generate 38 percent of B.C.’s hydroelectric power, ensuring the province’s electrical grid is almost 100-percent renewable far into the future.

BILLION

BUSINESS INCORPORATIONS (2025)

497

ENERGY SOLUTIONS: Natural gas exports (top); John Horgan Dam (middle and bottom)

SOURCES: B.C. LABOUR MARKET OUTLOOK , STATISTICS CANADA AND B.C. STATS.

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

NORTHEAST

TOP: NORTHERN BC TOURISM/MATTHEW LITTLEWOOD; BOTTOM: NORTHERN BC TOURISM/DARRIN RIGO

Emerging industries in the Northeast include hydrogen, critical minerals exploration, agricultural technology and renewable wind energy. The Salteau and West Moberly First Nations have been enthusiastic participants in the development of wind farms on their treaty lands and traditional territories.

RENEWABLE: Windmills in Dawson Creek (top); Festival Plaza in Fort St. John (above)

THE WAY NORTH The main artery of the Northeast is the Alaska Highway. Originating in Dawson Creek, near the Alberta border, it runs 2,232 kilometres northwest to Delta Junction, Alaska, and despite its remoteness is travelled by more than 300,000 vehicles per year. The hub of the region is Fort St. John, which is revitalizing its downtown with the help of a Downtown Action Plan, with funding for street-front businesses to upgrade their facades. The city prides itself in issuing building permits in an average of just 30 days and keeping business taxes low. Fort St. John also sports campuses of the University of Northern B.C. and Northern Lights College, helping provide skilled labour to area businesses. For many young families and skilled professionals, the attraction of the Northeast is its low cost of housing, combined with proximity to pristine wilderness for recreational activities including fishing, boating, hunting and snowmobiling. The region consistently boasts the youngest population—the median age just 34—with some of the highest household incomes and the highest workforce participation rate in B.C. The Northeast may be sparsely populated, but it punches well above its weight class, economically speaking. •

START

SOMETHING

Closing the Capital Gap. Growing BC’s Economy.

THAT LASTS

Women entrepreneurs are a powerful driver of BC's economy, yet access to capital remains one of the biggest barriers they face. WeBC is a development lender that provides business loans of up to $150k and wrap-around business support to help women start, grow, and buy businesses across the province.

HELP WOMEN ENTREPRENEURS IN YOUR REGION ACCESS THE CAPITAL THEY NEED TO GROW.

Learn more at go.we-bc.ca/Financing STARTYOURSOMETHING.CA

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

WeBC is funded by Pacific Economic Development Canada

INVEST in BC 2 0 26

F OR T S T. J OHN

GO ALL-IN UP NORTH

Fort St. John is where growth happens, whether you’re breaking new ground or taking your business north.

ort St. John’s economy is strong and diversified. As one of Northern B.C.’s fastest-growing cities, Fort St. John has been spurring the Peace River Region’s progress for years, driven by cornerstone resource industries like mining, oil and gas, forestry and agriculture. Today, the region sees roughly $2.4 billion in economic output. Fort St. John has more than 1,500 active businesses, and the population has seen a 12 percent increase in the last five years. And the city is planning for even more growth to come, from infrastructure and housing to energy and innovation.

56 INVEST in BC 2 0 2 6 FortSt.John_IIBC2026_SponCon_FP.indd 1

WHERE AMBITION MEETS MOMENTUM There are already several major projects and developments underway in Fort St. John. Parkwood, a master-planned neighbourhood, will add approximately 6,000 residential units, along with commercial and retail spaces, institutional uses and park spaces—all while preserving the location’s natural features. Harlequin at City Centre Senior Living will add 115 furnished and accessible independent living homes for seniors living in the heart of Fort St. John. Surerus Industrial Park is a 90-acre industrial subdivision of

lots less than two kilometres from the city centre. Fort St. John is strengthening its economy and setting the city up for success with its community investments. STRONG SUPPORT FOR INVESTMENTS The city already has a strong foundation. Fort St. John is a thriving city with steady population growth, available land, a skilled workforce and investment incentives to drive sustainable, long-term growth in the province’s north. With one of the youngest and highest-earning populations

in B.C., Fort St. John offers the stability investors need. The city is also strengthening its support for business, development and investment by actively planning, investing and making partnerships for long-term growth, as outlined in the city’s 2023-2028 Economic Development Strategy. Position your project where momentum is building and is moving the north forward. Fort St. John is where to look next.

To learn more, visit investfortstjohn.ca.

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

2026-08-22 10:20 AM

investfortstjohn.ca

MEMBER ORGANIZATIONS ASSOCIATIONS/TRUSTS First Nations Finance Authority Darwin Biamonte, Member Services Manager dbiamonte@fnfa.ca 11085 Gill Road, Rosedale, BC, V0X 1X2 fnfa.ca/en Union of BC Municipalities Liz Cookson, Senior Finance Policy Analyst lcookson@ubcm.ca 525 Government Street, Victoria, BC, V8V 0A8 ubcm.ca Canadian Association of Petroleum Producers Derek Cummings, Senior Advisor, BC Policy and Strategic Outreach derek.cummings@capp.ca 201, 1114 Langley Street, Victoria, BC, V8W 1W1 capp.ca BC Aviation Council Dave Frank, Executive Director dave@bcaviationcouncil.org #306 - 8300 Bennett Road, Richmond, BC, V6Y1N5 bcaviationcouncil.org Excellence in Manufacturing Consortium Jean-Pierre Giroux, President jp.giroux@emccanada.org Box 396, Owen Sound, BC, N4K 5P7 emccanada.org Futurpreneur Canada Mina Haghighi mhaghighi@futurpreneur.ca 425 Carrall Street, Suite 580, Vancouver, BC, V6B 6E3 futurpreneur.ca/en WeBC Shauna Harper, CEO shauna@we-bc.ca 1726 Dolphin Avenue, Kelowna, BC, V1Y9R9 we-bc.ca SDECB Richard Hojjat, Responsable des projets stratÃ©giques | Strategic projects lead info@sdecb.com 1555, 7e avenue Ouest, Bureau 220, Vancouver, BC, V3K0G2 sdecb.com/en/home

58 INVEST in BC 2 0 2 6

Chartered Professional Accountants of British Columbia Sharon Hummel shummel@bccpa.ca 800-555 West Hastings Street, Vancouver, BC, V6B4N6 bccpa.ca

Investment Agriculture Foundation of BC Kelsi Stiles, Communications Director kstiles@iafbc.ca PO Box 8248, Victoria, BC, V8W 3R9 bciaf.ca/programs

BC Council of Forest Industries (COFI) Travis Joern, Director of Communications Joern@cofi.org 585 Howe Street, Suite 1220, Vancouver, BC, V6C 2T5 cofi.org

Community Futures British Columbia Jennifer Wetmore, Executive Director jwetmore@communityfutures.ca 33163 2nd Avenue, Mission, BC, V2V 6T8 communityfutures.ca

Planning Institute of BC Raymond Kan, Manager of Research and Policy Raymond.kan@pibc.bc.ca 1750 - 355 Burrard Street, Vancouver, BC, V6C 2G8 pibc.bc.ca

Island Coastal Economic Trust Brodie Guy, CEO brodie@islandcoastaltrust.ca 108 - 501 4th Street, Courtenay, BC, V9N 1H3 islandcoastaltrust.ca

Co-operatives First Audra Krueger, Executive Director audra@cooperativesfirst.com 213 - 310 Wall Street, Saskatoon, SK, S7K 1N7 cooperativesfirst.com Technology Professions BC (TPBC) John Leech, CEO info@techprobc.org techprobc.org Cando Paul Macedo, Communications Director paul.macedo@edo.ca 9635 45 Avenue NW, Edmonton, AB, T6E 5Z8 edo.ca Canadian Red Cross Emily Pietropaolo, Vice President, Recovery emily.pietropaolo@redcross.ca 400 Cooper Street, Suite 8000, Ottawa, ON, V2P 2H8 redcross.ca Chamber of Commerce Jen Riley, President and CEO jriley@bcchamber.org 595 Howe Street, Suite 1220, Vancouver, BC, V6C 2T5, BC bcchamber.org BC Rural Centre Sarah Sinclair, Executive Director sarah@bcruralcentre.org 606 Jackson Street, Kaslo, BC, V0G 1M0 bcruralcentre.org

Northern Development Initiative Trust Ben Campbell, CEO ben@northerndevelopment.bc.ca 1268 5th Avenue #301, Prince George, BC, V2L 3L2 northerndevelopment.bc.ca ETSI-BC (Economic Trust of the Southern Interior) Laurel Douglas, Chief Executive Officer laurel@etsi-bc.ca 201-460 Doyle Avenue, Kelowna, BC, V1Y 0C2 etsi-bc.ca PNWER Doug MacLaren, Project Director, Canada doug.maclaren@pnwer.org 8932 Bartlett Street, Fort Langley, BC, V1M 2S5 pnwer.org PNWER Matt Morrison, CEO matt.morrison@pnwer.org #460-2200 Alaskan Way, Seattle, WA, 98121 pnwer.org BC Economic Development Association Dale Wheeldon, President and Chief Executive Officer dwheeldon@bceda.ca 104-144 Power Street, Penticton, BC, V2A 5W9 bceda.ca

CivicInfo BC Todd Pugh, Executive Director tpugh@civicinfo.bc.ca Unit 203, Victoria, BC, V8Z 6L8 civicinfo.bc.ca Economic Developers Council of Ontario Inc. Stephanie Crilly, Chief Executive Officer stephanie.crilly@edco.on.ca 6506 Marlene Avenue, Cornwall, ON, K6H 7H9 Economic Developers Alberta Leann Hackman-Carty, Chief Executive Officer leann@edaalberta.ca AB Association of Economic Development Professionals of Quebec Vincent Lecorne, President and CEO vlecorne@apdeq.qc.ca QC Economic Development Association of Canada John Perrott, Executive Director johnp@edac.ca BC Saskatchewan Economic Development Alliance Verona Thibault, Executive Director ceo@seda.ca Box 113, Saskatoon, SK, S7K 3K1 CANDO Ray Wanuch, Executive Director ray.wanuch@edo.ca 9635 45 Avenue NW, Edmonton, AB, T6E 5Z8 edo.ca Indigenous Tourism BC Paula Amos, Chief Marketing and Development Officer paula@indigenousbc.com 707-100 Park Royal South, West Vancouver, BC, V7T 1A2 indigenousbc.com

BULKLEY-NECHAKO Saik'uz First Nation Jason Alexis, Economic Development Manager edo@saikuz.com 135 Joseph Street, Vanderhoof, BC, V0J 3A1

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

Tl'azt'en Nation Norman Alexis, Funding and Development economic.development@tlazten.bc.ca PO Box 670, Fort St. James, BC, V0J 1P0 Regional District of Bulkley Nechako Nellie Davis, Manager of Strategic Initiatives and Rural Services nellie.davis@rdbn.bc.ca 37 3rd Avenue; PO Box 820, Burns Lake, BC, V0J 1E0 Key-oh Business Development Corporation Lana Fitt, Finance Manager financemanager@key-ohbusiness.ca PO Box 1131, Burns Lake, BC, V0J 1E0 District of Fort St. James Jessica Froese, Economic Development Officer edo@fortstjames.ca PO Box 640, Fort St. James, BC, V0J 1P0 fortstjames.ca Village of Fraser Lake Jesse Gervais, Economic Development Officer and Deputy Corporate Officer jgervais@fraserlake.ca PO Box 430, Fraser Lake, BC, V0J 1S0 Smithers District Chamber of Commerce Sheena Miller, Executive Director manager@smitherschamber.com PO Box 2379, Smithers, BC, V0J 2N0 smitherschamber.com Cheslatta Development Corporation Miller Restan, Project Manager jessi@cheslattacontracting.ca 1725 Beach Road, Burns Lake, BC, V0J 1E0 District of Houston Scott Sanders, Director of Community Development Scott.Sanders@houston.ca 3367 12th Street, Houston, BC, V0J 1Z0 houston.ca District of Vanderhoof Sagar Saxena, Economic Development Manager ssaxena@vanderhoof.ca 160 Connaught Street, Vanderhoof, BC, V0J 3A0 vanderhoof.ca Cheslatta Carrier Nation Cindy Shelford, General Manager cindy.shelford@gmail.com P.O. Box 808, Burns Lake, BC, V0J 1E0 Town of Smithers EDO Smithers, Economic Development Officer ecdev@smithers.ca 1027 Aldous Street, Smithers, BC, V0J 2N0

Saik'uz First Nation Vincent Wickham, Economic Development Manager vincent.wickham@saikuz.com 135 Joseph Street, Vanderhoof, BC, V0J 3A1

CARIBOO City of Prince George Deklan Corstanje, Manager of Economic Development deklan.corstanje@princegeorge.ca 1100 Patricia Blvd, Prince George, BC, V2L 3V9 District of 100 Mile House Joanne Doddridge, Director of Economic Development and Planning jdoddridge@100milehouse.com PO Box 340, 385 Birch Avenue, 100 Mile House, BC, V0K 2E0 Williams Lake First Nation Kirk Dressler, Director of Legal and Corporate Services kirk.dressler@wlfn.ca 315 Yorston Street, Williams Lake, BC, V2G 1H1 Village of McBride Karen Dube, Economic Development Officer karen@mcbride.ca Box 519, McBride, BC, V0J 2E0 mcbride.ca Workforce Development Consulting Ltd. dba WDCS North Ltd. Lori Forgeron, President/CEO lori@wdcsnorth.ca #100 - 2666 Queensway, Prince George, BC, V2K 4E4 Village of Valemount Orlanda Goodell, Economic Development Officer edo@valemount.ca PO Box 168, Valemount, BC, V0E 2Z0 Village of Clinton Brett Hartnett, Community Development Coordinator cdc@village.clinton.bc.ca 1423 Cariboo Highway, Clinton, BC, V0K 1K0

District of Mackenzie Rachelle Richman, Economic Development Coordinator rrichman@districtofmackenzie.ca PO Bag 340, Mackenzie, BC, V0J2C0

Indigetech Software Inc Wade Mahowich, Founder wmahowich@indigetech.ca 3271 Dunmore Road SE, Medicine Hat, AB, T1B 3R2

Toosey Indian Band (T'lesqox) Craig Smith, Chief Executive Officer ceo@tlesqox.com PO Box 80, Riske Creek, BC, V0L 1T0

The Co-operators Denae Mancini, Associate Account Executive denae_mancini@cooperators.ca 411 1st Street SE Suite 2600, Calgary, AB, T2G 4Y5

University of Northern British Columbia Claudia Barreira, Manager Business Development Claudia.barreira@unbc.ca 3333 University Way, Prince George, BC, V2N 4Z9

CORPORATE Firefly Solar Inc Chris Anderson, Co-Founder c.anderson@fireflysolar.ca 6020 2 Street SE, Calgary, AB, T2H 2L8 fireflysolar.ca Cityviz Sasha Bogdanovic, Chief Executive Officer sasha@cityviz.ca PO Box 76013 RPO Millrise, Calgary, AB, T2Y 2Z9 cityviz.ca 468 Communications Tim Fry, President tim@468communications.com WA Deloitte Amanda Fung, Manager, Economic Advisory amfung@deloitte.ca 401-1340 Duchess Ave, West Vancouver, BC, V7T 1H6 Airbnb Alex Howell, Policy Lead, Canada alex.howell@airbnb.com 2-439 Elgin Street, Ottawa, ON, K2P 1N5 airbnb.com

Tsilhqot'in National Government Dolly Kershaw, Economic Opportunities Coordinator dkershaw@tsilhqotin.ca 253 4 Avenue N, Williams Lake, BC, V2G4T4

ResearchFDI Amber Hunter, EVP, North America amber@researchfdi.com 625 Avenue. du Président-Kennedy Bureau 501, Montreal, QC, H3A 1K2 researchfdi.com

City of Quesnel Amy Reid, Manager of Economic Development and Tourism areid@quesnel.ca 410 Kinchant Street, Quesnel, BC, V2J 7J5

BCBusiness Anna Lee, VP of Sales Alee@canadawide.com 4437 Pandora Street, Burnaby, BC, V5C 2B8

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

ExecutivePulse Sean Michaels, President smichaels@e-pulse.net 11 East Fourth Street, Erie, PA, 16507 executivepulse.com Prince Rupert Port Authority Kevin Moraes, Manager, Government Relations kmoraes@rupertport.com 215 Cow Bay Road, Prince Rupert, BC, V8J 1A2 Hilton Vancouver Airport Hotel Brad Nakagawa, General Manager brad.nakagawa@larcohotels.com 7551 Westminster Highway., Richmond, BC, V6X 1A3 O'Leary & Associates Ltd. Colin O'Leary, Principal colin@olearyandassociates.ca 4415 Mt. Lolo Road., Kamloops, BC, V2H 6C2 Localintel Dave Parsell, CEO dave@localintel.co 2312 9 Avenue NW, Calgary, AB, T2N 1E7 Alissa Sklar Consulting Alissa Sklar, President alissa@sklar-consulting.com 730 Upper Roslyn Avenue, Montreal, QC, H3Y 1H9 sklar-consulting.com Groundwork Economics Jamie Vann Struth, Principal jamie@vannstruth.com 2395 Lakewood Drive, Vancouver, BC, V5N 4T8 John Watson Consulting John Watson, Economic Development john@johnwatsonconsulting.com 5914 Mosley Road, Courtenay, BC, V9J 1W4 Positive Growth Consulting Inc Deborah Wheeldon wheeldon@positivegrowth.ca 144 Power Street, Penticton, BC, V2A 5W9

INVEST in BC 2 0 26

Larlee Rosenberg Benjamin Wilhelm, Immigration Lawyer benjamin.wilhelm@larlee.com 1400 - 595 Howe Street, Vancouver, BC, V6B 1Z5 larlee.com BC Hydro David De Yagher, Business Relationship Manager David.DeYagher@bchydro.com Vancouver, BC, V6B 5R3 Regional Marketing and Partnership Manager Austin Nairn, BDC austin.nairn@bdc.ca 1133 Melville Street, Vancouver, BC, V6E 4E5 bdc.ca/en Projects by Val Valerie Gafka, President ProjectsByVal@gmail.com 4650 223A Street, Langley, BC, V2Z 1M9 Firecircle Deneen Allen, CEO deneen@thefirecircle.ca 6645 Madrona Place, West Vancouver, BC, V7W 2K1 thefirecircle.ca CPMJ Consulting Inc Colleen Bond, President bond@edcdconsulting.com 2155 Shamrock Drive, Westbank, BC, V4T 1T9 Rhizomic Business & Community Development Alireza Farahani, President alirezaffarahani@outlook.com 1394 Lansdowne Drive, Coquitlam, BC, V3E 1Y4 linkedin.com/in/alireza-farahania283092b Goodeve & Associates Consulting Schaun Goodeve, Principal schaun@goodeveconsulting.com 97 Wallinger Avenue, Kimberley, BC, V1A 2M7 Value Driver Consulting James Grieve, Founder, Principal Strategic Business Advisor james@catalyst-strategies.com 303-1089 Sunset Drive, Kelowna, BC, V1Y 9Z3 valuedriver.ca

60 INVEST in BC 2 0 2 6

RIC Disaster Management Rebecca Innes, Founder and CEO rebecca@rebeccainnesconsulting.com 1400 10 Avenue, Canmore, AB, T1W 1W2 rebeccainnesconsulting.com

GOVERNMENT Ministry of Social Development and Poverty Reduction - ELMSD Tracy Souch, Manager, Strategic Communications Tracy.Souch@gov.bc.ca 40 Calgary Ave, Penticton, BC, V2A 2T7 Pacific Economic Development Canada Jennifer Tedman-Jones, Senior Business Officer jennifer.tedman-jones@pacifican.gc.ca 307 - 460 Doyle Avenue, Kelowna, BC, V1Y 0C2 canada.ca/en/pacific-economicdevelopment.html Export Navigator Chantelle Matthews, Marketing and Outreach Coordinator chantelle@exportnavigator.ca 33163 2nd Avenue, Mission, BC, V2V 6T8 exportnavigator.ca Destination British Columbia Spencer Toth, Senior Program Advisor, Destination and Industry Development spencer.toth@destinationbc.ca 510 Burrard Street, Vancouver, BC, V6C 3A8 destinationbc.ca Government of Canada Buckley Belanger, Parliamentary Secretary buckley.belanger@parl.gc.ca Ottawa, ON Pacific Economic Development Canada Kandice Morrison, Regional Director, Southern Interior kandice.morrison@pacifican.gc.ca 307 - 460 Doyle Avenue, Kelowna, BC, V1Y 0C2 canada.ca/en/pacific-economicdevelopment.html

KOOTENAY City of Revelstoke Michelle Baechler, Economic Development Coordinator ced@revelstoke.ca PO Box 170, Revelstoke, BC, V0E 2S0

Columbia Valley Chamber of Commerce Pete Bourke, Executive Director ExecutiveDirector@cvchamber.ca 651 Highway 93/95, Invermere, BC, V0A 1K0

Castlegar and District Chamber of Commerce Tammy Verigin-Burk, Executive Director cdcoced@castlegar.com 1995 6th Avenue, Castlegar, BC, V1N 4B7

City of Cranbrook Darren Brewer, Economic Development Officer darren.brewer@cranbrook.ca 40 - 10th Avenue South, Cranbrook, BC, V1C 2M8 choosecranbrook.ca

Lower Columbia Community Development Team Society Cam Whitehead, Executive Director cam@lccdts.com 1499 Bay Avenue, Trail, BC, V1R 4A9

AQAM Community Enterprises Craig Campbell, Director ccampbell@aqam.net 7470 Mission Road, Cranbrook, BC, V1C 7E5

MAINLAND SOUTHWEST

Golden Community Economic Development Jill Dewtie, Executive Director and Community Economic Development Officer jill@goldenced.ca Box 2064, Golden, BC, V0A 1H0 Arts Revelstoke Robyn Goldsmith, Executive Director robyn.goldsmith@gmail.com 2283 Airport Way, Revelstoke, BC, V0E 2S3 City of Greenwood Brooke McCourt, Corporate Officer corporate@greenwoodcity.ca 202 South Government Avenue, Greenwood, BC, V0H 1J0 greenwoodcity.com Fernie Chamber of Commerce Wendy McDougall, Executive Director wendy@ferniechamber.com 102 Commerce Road, Fernie, BC, V0B 1M5 ferniechamber.com Community Futures East Kootenay Kerstin Renner, General Manager kerstin@cfek.ca 100, 131 7th Avenue South, Cranbrook, BC, V1C 2J3 cfek.ca Community Futures Boundary Stephanie Robinson, Business Development Officer stephanie@boundarycf.com 1647 Central Avenue, Grand Forks, BC, V0H 1H0 boundarycf.com Ktunaxa Nation Council Travis Towsley, Economic Engagement Officer travis.towsley@ktunaxa.org 220 Cranbrook Street North, Cranbrook, BC, V1C 3R2

City of New Westminster Carolyn Armanini, Manager, Economic Development carmanini@newwestcity.ca 511 Royal Avenue, New Westminster, BC, V3L 5J5 newwestcity.ca Tourism Chilliwack Allison Colthorp, Executive Director colthorp@tourismchilliwack.com 44150 Luckakuck Way, Chilliwack, BC, V2R 4A7 Chilliwack Economic Partners Corporation Brian Coombes, President coombes@chilliwackpartners.com 46115 Yale Road, Chilliwack, BC, V2P 2P2 City of Mission Stacey Crawford, Director of Economic Development scrawford@mission.ca Unit B - 7337 Welton Street, Mission, BC, V2V 3X1 Surrey Economic Development Farina Fassihi, Research and Insights Lead farina.fassihi@surrey.ca 13450 104 Avenue, Surrey, BC, V3T 1V8 investsurrey.ca Cayoose Creek Band Robin Frank ea@cayoosecreek.ca PO BOX 484, Lillooet, BC, V0K 1V0 SemÃ¡:th Managment Services LP Dale Ganzeveld, Executive Assistant dale.ganzeveld@sxdl.ca Unit 109 ? 37451 Kilgard Road, Abbotsford, BC, V3G 2H6 City of North Vancouver Vito Grammatico, Manager, Economic Development vgrammatico@cnv.org 141 West 14th Street, North Vancouver, BC, V7M 1H9

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

Invest Vancouver Jacquie Griffiths, President jgriffiths@investvancouver.ca 4515 Central Blvd, Burnaby, BC, V5H 0C6 investvancouver.ca/Pages/default.aspx City of Maple Ridge Karen Hansen, Economic Development invest@mapleridge.ca 11995 Haney Place, Maple Ridge, BC, V2X 6A9 Hope Business Development Society Tannis Hendriks, Board Chair boardchair@hopebc.ca Box 370, Hope, BC, V0X 1L0 Strathcona BIA Vincent Kwan, Executive Director vincent@strathconabia.com 1220 East Hastings Street, Vancouver, BC, V6A 1S6 District of North Vancouver Neonila Lilova, Business and Economic Development Manager lilovan@dnv.org 355 West Queens Road, North Vancouver, BC, V7N 4N5 dnv.org City of Abbotsford Bruce Livingstone, Senior Manager Economic Development blivingstone@abbotsford.ca 32315 South Fraser Way, Abbotsford, BC, V2T 2W7 Bridge River Indian Band (Xwisten) Michael McGee, Economic Development Coordinator ecdev@Xwisten.ca Lot 1A Joseph Road, Lillooet, BC, V0K 1V0 Skowkale FN Nicolas Point, Councillor/Ec Dev Board Chair nicholas.point@skowkalefn.com A-46320 Smokehouse Road, Chilliwack, BC, V4A 1A2 Community Futures South Fraser Nicole Read, General Manager nicole.read@southfraser.com Unit 303 - 46167 Yale Road, Chilliwack, BC, V2P 2P2 City of Delta Muneesh Sharma, Community and Business Initiatives Manager msharma@delta.ca 4500 Clarence Taylor Crescent, Delta, BC, V4K 3E2

City of Richmond Jill Shirey, Manager, Economic Development Jshirey@richmond.ca Richmond City Hall, 6911 No. 3 Road, Richmond, BC, V6Y 2C1 Bowen Island Municipality Stef Shortt, Deputy Corporate Officer bim@bimbc.ca 580 Bowen Island Trunk Road, Bowen Island, BC, V0N 1G2 City of Vancouver Siobian Smith, Senior Director, Business and Economy siobian.smith@vancouver.ca 453 West 12th Avenue, Vancouver, BC, V5Y 1V4 City of Coquitlam Edward Tain, Business Growth Manager etain@coquitlam.ca 3000 Guildford Way, Coquitlam, BC, V3B 7N2 StÃ³:lo Community Futures Rocio Zielinski, General Manager rzielinski@stolocf.ca Building #5A Second Floor, 7201 Vedder Road, Chilliwack, BC, V2R 4G5

NORTH COAST Old Massett Village Council Ivy Bell, Economic Development Manager Ecdev@omvc.ca 348 Eagle Avenue, Masset 1, BC, V0T 1M0 Regional District of Kitimat-Stikine Meghan Bowles, Economic Development Officer mbowles@rdks.bc.ca 300-4545 Lazelle Avenue, Terrace, BC, V8G 4E1 Kitselas Development Corporation Darrin McCormack, Chief Executive Officer ceo@kitselasdlp.ca 4562 J Queensway Drive, Terrace, BC, V8G 3X6 City of Terrace Michael Pucci, Lands and Economic Development Manager mpucci@terrace.ca 3215 Eby Street, Terrace, BC, V8G 2X8 District of Kitimat Walsham Tenshak, Director of Economic Development and Communications wtenshak@kitimat.ca 270 City Centre, Kitimat, BC, V8C 2H7

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

City of Prince Rupert Paul Vendittelli, Director, Economic Development and Transportation paul.vendittelli@princerupert.ca 424 - 3rd Avenue West, Prince Rupert, BC, V8J 1L7 North Coast Regional District Chantal Wentland, Planning/Economic Development Officer planning@ncrdbc.com 14 - 342 3rd Avenue, Prince Rupert, BC, V8J 1L5 ncrdbc.com

NORTHEAST Prophet River First Nations Valerie Askoty, Chief coleen.fraser@prophetriverfn.ca PO Box 3250, Fort Nelson, BC, V0C 1R0 prophetriverfirstnations.com Doig River First Nation Devrey Crossley, Economic Development Manager dcrossley@doigriverfn.com 13059 Lakeshore Drive, Charlie Lake, BC, V0C 1H0 City of Dawson Creek Darcy Dober, Mayor mayordober@dawsoncreek.ca Box 150 Stn Main, Dawson Creek, BC, V1G 4G4 Chetwynd Chamber of Commerce Naomi Larsen, Executive Director manager@chetwyndchamber.ca 5121 47th Avenue NW, Chetwynd, BC, V0C 1J0 District of Chetwynd Ellen McAvany, Economic Development Officer/Parks Manager emcavany@gochetwynd.com PO Box 357, Chetwynd, BC, V0C 1J0 Gochetwynd.com District of Tumbler Ridge Jessie Olsen, Director, Economic and Community Development jolsen@dtr.ca 305 Iles Way; PO Box 100, Tumbler Ridge, BC, V0C 2W0 investtumblerridge.ca City of Fort St. John Stephanie Peters, Economic Development Coordinator speters@fortstjohn.ca 10631 100 Street Fort St. John, BC, V1J 3Z5

Saulteau First Nations Tonia Richter, Economic Development Officer trichter@saulteau.com PO Box 1020, Chetwynd, BC, V0C 1J0 Northern Rockies Regional Municipality Krista Vandersteen, Regional Development Officer kvandersteen@northernrockies.ca Bag 399, Fort Nelson, BC, V0C 1R0 northernrockies.ca

THOMPSON OKANAGAN Venture Kamloops Jim Anderson, Executive Director janderson@venturekamloops.com 297 1st Avenue, Kamloops, BC, V2C 3J3 Bonaparte First Nation Frank Antoine, Chief executiveasst@bonaparte.band 2689 A Sage Hill Road P.O Box 669, Cache Creek, BC, V0K 1H0 Neskonlith Indian Band Brad Arnouse, Councillor bradarnouse@neskonlith.net 743 Chief Neskonlith Drive, P.O. Box 318, Chase, BC, V0E 1M0 West Kelowna Economic Development Corp. Ron Bowles, CAO ron.bowles@westkelownacity.ca 3731 Old Okanagan Highway, West Kelowna, BC, V4T 0G7 South Okanagan Chamber of Commerce Christina Brown, Executive Director Manager@sochamber.ca Box 1414, Oliver, BC, V0H 1T0 sochamber.ca Cook's Ferry Indian Band Steven Brown, Band Manager cao@cooksferry.ca Box 130, Spences Bridge, BC, V0K 2L0 Lower Nicola Indian Band Monica Charters, Acting Director of Economic Development monica.charters@lnib.net 2137 Neale Road, Merritt, BC, V1K 1N2 Meet In Penticton Karen Davy, Convention Bureau and Business Liaison Manager karen.davy@meetinpenticton.com 888 Westminster Avenue W, Penticton, BC, V2A 9C4

INVEST in BC 2 0 26

City of Vernon Jared Ens-Rempel, Senior Manager of Partnerships and Innovations jensrempel@vernon.ca 3001 32 Avenue, Vernon, BC, V1T 2L8 Tourism Kamloops Mitchell Forgie, Destination Development Manager mitchell@tourismkamloops.com D-1420 Hugh Allen Drive, Kamloops, BC, V1S 1L8 Okanagan Indian Band Tim Isaac tim.isaac@okanagan.org 12420 Westside Road, Vernon, BC, V1H 2A4 Skwlax te Secwepemc Julie John, Counsellor julie.john@lslb.ca 1886 Little Shuswap Lake Road, Chase, BC, V0E 1M2 Village of Lumby Tom Kadla, CAO tomk@lumby.ca 1775 Glencaird Street, Lumby, BC, V0E 2G0 Andrew KT Solutions Andrew Kemp, Consultant andrewktsolutions@gmail.com Penticton, BC City of Penticton Blake Laven, General Manager, Development Services blake.laven@penticton.ca 171 Main Street, Penticton, BC, V2A 5A9 Penticton & Wine Country Chamber of Commerce Michael Magnusson, Executive Director mmagnusson@penticton.org 110 - 888 Westminster Avenue, Penticton, BC, V2A 8S2 Central Okanagan Economic Development Commission Krista Mallory, Manager kmallory@investkelowna.com 1450 KLO Road, Kelowna, BC, V1W 3Z4 Shuswap Economic Development Society Sue McCrae, President Sue@shuswapecdev.ca PO Box 489, Sorrento, BC, V0E 2W2 Village of Ashcroft Margaret Moreira, Economic Development and Tourism Coordinator edt@ashcroftbc.ca 601 Bancroft Street, Ashcroft, BC, V0K 1A0

62 INVEST in BC 2 0 2 6

District of Sicamous/ District of Sicamous Development Corporation Carly Procyshyn, Executive Director c.procyshyn@dosdc.ca 217 Finlayson Street, Sicamous, BC, V0E 2V0 dosdc.ca Greater Vernon Chamber of Commerce Dan Proulx, General Manager manager@vernonchamber.ca 204-3002 32nd Avenue, Vernon, BC, V1T 2L7 Community Futures Nicola Valley Mike Sahota, General Manager generalmanager@cfdcnv.com PO Box 159, Merritt, BC, V1K 1B8 Town of Princeton Gary Schatz, Director of Economic Development and Tourism businessdevelopment@princeton.ca PO Box 670, Princeton, BC, V0X 1W0 District of Lake Country Ruth Sulentich, Economic Development Specialist rsulentich@lakecountry.bc.ca 10150 Bottom Wood Lake Road, Lake Country, BC, V4V 2M1 investlakecountrybc.com/ Penticton Indian Band Logan Tait-Reaume, Economic Development Officer ltaitreaume@pib.ca 841 Westhills Drive, Penticton, BC, V2A 0E8 pib.ca World Trade Centre Okanagan Richard Tam, President and CEO richard.tam@wtcokanagan.com 4503 Quebec Street, Vancouver, BC, V5V 3L8 Thompson Okanagan Tourism Association Ellen Walker-Matthews, CEO ellen@totabc.com 2280-D Leckie Road, Kelowna, BC, V1X 6G6 totabc.org Salmon Arm Economic Development Society Kate Watson, Manager edo@saeds.ca PO Box 130 220 Shuswap Street, Salmon Arm, BC, V1E 4N2 saeds.ca

City of Merritt David Zakall, Director of Community Services dzakall@merritt.ca Box 189, 1950 Mamette Avenue, Merritt, BC, V1K 1B8 cityofmerritt.ca

VANCOUVER ISLAND/COAST Village of Sayward Mark Baker, Mayor village@saywardvalley.ca 652 H'Kusam Way, Sayward, BC, V0P 1R0 Ahousaht Nation Rob Bullock, Executive Director Rob.fnpartners@gmail.com Central Coast Regional District Wylie Bystedt, Economic Development Officer wbystedt@ccrd.ca PO Box 186, Bella Coola, BC, V0T 1C0 ccrd.ca City of Victoria Stef Cara, Business Ambassador SCara@victoria.ca 1 Centennial Square, Victoria, BC, V8W 1P6 Comox Valley Chamber of Commerce Tracey Clarke, Executive Director executivedirector@comoxvalleychamber.com #103 576 England Avenue, Courtenay, BC, V9N 2N3 City of Port Alberni Patrick Deakin, Economic Development Manager patrick_deakin@portalberni.ca 4850 Argyle Street, Port Alberni, BC, V9Y 1V8 Town of Sidney Liam Edwards, CAO admin@sidney.ca 2440 Sidney Avenue, Sidney, BC, V8L 1Y7

Qathen Xwegus Management Corporation Jason Johnson, General Manager generalmanager@qxmc.org 203-4400 Marine Avenue, Powell River, BC, V8A 2K1 City of Campbell River Rose Klukas, Director of Economic Development and Indigenous Relations rose.klukas@campbellriver.ca 301 St. Ann's Road, Campbell River, BC, V9W 4C7 Uchucklesaht Tribe Government David McCormick, Economic Development Manager david.mccormick@uchucklesaht.ca 5251 Argyle Street, Port Alberni, BC, V9Y 1V1 District of Ucluelet Florence Pelchat, Deputy Corporate Officer fpelchat@ucluelet.ca 200 Main Street, Ucluelet, BC, V0R 3A0 ucluelet.ca City of Langford Donna Petrie, Manager of Business Development and Events dpetrie@langford.ca 2nd floor, 877 Goldstream Avenue, Langford, BC, V9B 2X8 Huu-ay-aht Government Piyush Pushkarna, Director Economic Development piyush.p@huuayaht.org 9624 Lakeshore Rd, Port Alberni, BC, V9Y 8Z3 huuayaht.org Matullia Holdings LP - Songhees Nation John Rice, Property Manager matulliaholdingslp@gmail.com 445 Head Street, Victoria, BC, V9A 5S1

Township of Esquimalt TerÃ©se Finegan, Manager of Economic Development terese.finegan@esquimalt.ca 1229 Esquimalt Road, Esquimalt, BC, V9A 3P1

District of Sooke Gail Scott, Community Economic Development Officer gscott@sooke.ca 2205 Otter Point Road, Sooke, BC, V9Z 1J2 sooke.ca

Greater Nanaimo Chamber of Commerce Corry Gervais, CEO ceo@nanaimochamber.bc.ca 2133 Bowen Road, Nanaimo, BC, V9S 1H8

We Wai Kai Nation Jason Wilson, Manager of Economic Development jason.wilson@wewaikai.com 501-2025 Eagle Drive, Campbell River, BC, V9H 1P9

Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

LOOKING FOR OPPORTUNITY IN B.C.? Start with local knowledge. Connect to opportunities across British Columbia through BCEDA.

British Columbia is full of opportunity. Finding the right one starts with knowing where to look. British Columbia is made up of diverse communities, industries and opportunities. And no two locations are exactly alike. BCEDA connects businesses, investors and partners with a province-wide network of more than 600 members representing local governments, Indigenous communities, economic development organizations, business organizations, regional partners and more. Whether you are exploring a new location, expanding an existing operation, seeking investment opportunities or looking for the right community or partner, start with the people who know British Columbia best.

Connect with BCEDA

Connect with British Columbia through BCEDA. bceda.ca

Start Local. Think Provincial.

For the families looking for a place to put down roots.

$ 1 01 , 500 Median income

Low Housing costs

10 - m i n Co mmu nte

Yes, really!

Ownership still makes sense.

Blink, and you’re home.

NorthboundAndFound.ca

Find room to grow in Fort St. John

Get up-to-date business news directly to your inbox I N C L U D E S

INSIGHTS

In-depth features on key industries

ADVICE

Tips for working smarter and better

PEOPLE

Engaging interviews with business leaders …and much more

Subscribe now to our newsletter at

Our insights. Your guidance.

Guide with clarity nbinvestments.ca National Bank Investments will never ask you to follow a direct login link or to provide your personal information.

NATIONAL BANK INVESTMENTS is a registered trademark of National Bank of Canada, used under licence by National Bank Investments Inc. National Bank Investments is a member of ® Canada’s Responsible Investment Association and a signatory of the United Nations-supported Principles for Responsible Investment.