Economy in Vancouver
Detailed economy data — sourced from authoritative datasets and normalized for direct comparison.
Economy in Vancouver, British Columbia
Vancouver's economy is diverse and resilient, with key industries including technology, film and TV, tourism, natural resources, and trade and logistics. The technology sector is a significant driver of economic growth, encompassing clean technology, digital entertainment, and virtual reality, with major companies like Microsoft and Amazon having a strong presence. The film and television industry, often referred to as "Hollywood North," is another crucial employment driver, benefiting from its proximity to diverse geographic areas and a skilled workforce. The job market in Metro Vancouver is projected to add an average of approximately 20,500 net new jobs annually between 2024 and 2051, reflecting an average annual growth rate of 1.1 percent. While job growth is expected to slow temporarily in the short term (2025 to 2027), it is anticipated to stabilize and resume a steady pace over the longer horizon. Remote work is also a growing trend, particularly within the tech and creative industries.
Economy & Jobs
Top Industries
About Vancouver, British Columbia
Vancouver, British Columbia, is a vibrant coastal city renowned for its stunning natural beauty, diverse culture, and high quality of life. Nestled between the Pacific Ocean and the Coast Mountains, it offers a unique blend of urban sophistication and outdoor adventure. The city's picturesque setting, with its lush parks, expansive waterfront, and majestic mountain backdrop, attracts residents and visitors alike. People are drawn to Vancouver for its mild climate, thriving arts scene, and strong emphasis on sustainability and healthy living. The city has a rich history, evolving from a small sawmill settlement into a major international hub, and continues to be a magnet for immigration, contributing to its multicultural character.
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.