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CITY OF ABBOTSFORD B U S IN ES S S TATIS TIC S

GROWING POPULATION Competitive Mill Rates

2.29

Commercial to Residential Tax Ratio

YOUNG, EDUCATED WORKFORCE

Current population 141,397. From 2011 to 2016 there was a 5.6% increase in population. Median age of 41.9 years old, less than the BC average. (42.2 in BC)

Total population aged 15 years and over in the Labour Force:

76,958

Total population aged 15 years and over with a University certificate, diploma or degree at bachelor level or above:

17,943

ABBOTSFORD INTERNATIONAL AIRPORT (YXX) LOCATION, LOCATION, LOCATION Access and proximity to: • Hwy 1 and Interchanges • Access to Metro Vancouver • 2 US border crossings • Abbotsford International Airport (YXX) • Railway (CN, CP and Southern) • Fibre optic connectivity

LOW OPERATING COST Abbotsford has the lowest UTILITY FEES

+

MEDIAN TOTAL INCOME between Mission, Chilliwack and Langley Township

• Owned and operated by the City of Abbotsford • On average, half a million passengers per year • There were 127,134 total aircraft movements in 2016 • Approximately 215 acres of land is immediately available for airside and groundside development • YXX has competitive lease rates, flexible lease terms, and City tax incentives • 3 national (Newleaf Travel & Flair Airlines, Westjet, AirCanada Rouge) airlines operate from YXX, along with an intra BC airline (Island Express Air)

AGRICULTURE INDUSTRY • Gross farm receipts in Abbotsford are $20,441/ha, 3 times greater than those found in the next most productive agricultural region in Canada • Capital investment from the agri-foods industry in farming assets now totals $3.8 billion

TOP THREE OCCUPATIONS

Abbotsford British Columbia Occupation Rank Rank Retail Salespersons 1 1 Transport Truck Drivers 2 7 Retail and Wholesale Trade Managers 3 2

caed.abbotsford.ca

@AbbotsfordEcDev I t: 604.864.5586 I e: econdev@abbotsford.ca

SOURCES Abbotsford International Airport, BC Stats, City of Abbotsford, City of Chilliwack Bylaw No. 3702, Langley Sewerworks Regulation Bylaw 1998 NO. 3701, NAIOP Development Cost Survey, Statistics Canada


L IF ES TY L E S TATIS TIC S

CITY OF ABBOTSFORD 157 parks consisting of over 2,584 acres of

Sports fields host

10,000

parkland and

games per year

98 kilometers of trails

Abbotsford is the

largest municipality in British Columbia by land area and the sixth-largest by population

65%

of our citizens both

84%

of residents live within 500m of a park

live and work in Abbotsford

THE UNIVERSITY OF THE FRASER VALLEY (UFV)

1,043 Bachelors degrees granted in 2015/16

Over 15,000 students/year Estimated economic impact:

AFFORDABLE RESIDENTIAL REAL ESTATE Detached home average selling price in Abbotsford was

$644,067

in January of 2017. The Fraser Valley average was

$856,300.

$500 million ABBOTSFORD REGIONAL HOSPITAL AND CANCER CENTER First new hospital built in the province in 30

years

First hospital in Canada to

have a cancer centre integrated in its design from the ground up Consumes about 40% less energy compared to many other hospitals.

Reduces patient travel into Greater Vancouver for treatment services.

ABBOTSFORD INTERNATIONAL AIRSHOW • Named one of USA TODAY’S 10 Best Airshows Around the World • Canada’s largest airshow • Designated as Canada’s National Airshow by Prime Minister Pierre E. Trudeau • Attracts more than 75,000 spectators to the 3 day aviation festival

caed.abbotsford.ca

@AbbotsfordEcDev I t: 604.864.5586 I e: econdev@abbotsford.ca

SOURCES Abbotsford International Airshow, City of Abbotsford Parks, Recreation and Culture, Fraser Health, Fraser Valley Real Estate Board, Statistics Canada, University of the Fraser Valley, USA Today’s Ten Best

Caed 2017 infographic  

City of Abbotsford Economic Development (CAED)Infographic 2017

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