Economy in Burnaby
Detailed economy data — sourced from authoritative datasets and normalized for direct comparison.
Economy in Burnaby, British Columbia
Burnaby's economy is diverse and robust, acting as a major employment center within the Lower Mainland. Between 2021 and 2025, the city added over 16,000 jobs, with professional, scientific, and technical services emerging as the largest employment sector. Retail trade and construction also contribute significantly to employment, alongside anchor employment provided by education and public administration. Burnaby is a net recipient of labor, meaning more workers commute into the city than out, highlighting its role as a regional job hub. The city is actively working to strengthen its economic foundation and foster innovation, with a Mayor's Task Force on Economic Growth and Resilience providing recommendations to enhance long-term resilience and support business success.
About Burnaby, British Columbia
Burnaby, British Columbia, is a dynamic city nestled in the heart of the Metro Vancouver Regional District, sharing its eastern border with Vancouver. As British Columbia's third-largest city by population, Burnaby has evolved from a modest community into a significant urban hub. The city is recognized for its unique blend of urban convenience and immediate access to the natural beauty of the Pacific Northwest, making it an attractive location for those seeking a balanced lifestyle. Burnaby is also home to major educational institutions like Simon Fraser University and the British Columbia Institute of Technology, contributing to a well-educated populace.
About British Columbia
British Columbia, Canada's westernmost province, is characterized by its diverse geography, including rugged coastlines, mountains, and forests, fostering a vibrant outdoor lifestyle. The economy is robust and diversified, with key industries such as forestry, mining, technology, film and television production, tourism, and a significant port in Vancouver. Living in British Columbia generally offers a high quality of life, though it is one of Canada's more expensive provinces, particularly in urban centers like Vancouver and Victoria. The climate varies dramatically across the province, with mild, rainy winters and warm, dry summers in coastal areas, while interior regions experience hotter summers and colder, snowier winters.