Business Overview

Vancouvers
location on the Pacific Rim and the western terminus of Canada's
transcontinental highway and rail routes makes is one of the nation's
largest industrial centers. Traditionally, the primary sector has
remained dominant in the city drawing on the vast wealth of resources of
British Columbia. Even today, the industries that represent the largest
proportion in Vancouver are in the forestry and mining sectors followed
by construction, food distribution and retail.
Agriculture, export and transshipment industries are also the other
important sectors taking advantage of the city's rail, road and sea
connections. However, Vancouver's port can be recognized as the
lifeblood of citys commerce and trade. One of busiest port of
North America and ranking in the top 20 in the world, the Port carries
around 70 million tonnes of cargo adding hundreds of millions to the
economy. The Port further supports the other important maritime
industries of the city like Cruise and shipbuilding. In the recent years
though Vancouver has also become an important center for software
development, biotechnology and a vibrant film industry.
Nevertheless, service sector acts as a core of Vancouvers economy
employing around 80% of citys population. From hotels,
restaurants, transportation companies to customer sales, service and
destination-marketing support, Vancouver's Service Edge commitment
ensures the very best. With tourism and financial services leading the
sector, the citys convention industry is too a big business.
Consistently rated as one of the top 10 meeting and convention
destinations year after year, Vancouver today is the proud host of the
2010 Olympic & Paralympic Winter Games.
This multicultural city is further an excellent host of reputed expos,
shows and festivals, an evidence of this being the success of Expo86
which not only received far more than 20 lakhs visitors but also led to
citys development to a great extend..
Major Business Centers
Vancouver Convention & Exhibition Center (VCEC):
Located on the waterfront in downtown Vancouver (Canada Place)
surrounded by mountains, the Vancouver Convention & Exhibition
Center is British Columbias flagship convention facility.
VCEC has more than 150,000 sq. ft of exhibition, ballroom and meeting
space with high quality banqueting, service and technical excellence.
Owned by the British Columbia Pavilion Corporation, the center was
awarded the International Association of Congress Centres (AIPC) "Apex
Award" for the "World's Best Congress Center" in 2002.
BC Place Stadium:
The Stadium is the largest multi-purpose sports, exhibition &
entertainment facility in Canada with 75,000 to 247,000 sq. ft of space.
Not just the world's largest air supported domed stadium, BC Place is
also home to the province's largest trade and consumer shows from cars
to boats and industry to gardens.
The venue is home to some of the biggest moments in BCs sports
history and the future host of the 2010 Winter Olympic Games Opening and
Closing Ceremonies. This versatile place can be converted from a
football stadium packed with 60,000 screaming BC Lions fans to a
concert, party or exhibition hall.
Major Commercial Areas
Commercial Drive:
Commercial Drive is a mixed residential-commercial area with a high
proportion of local ethnic stores, community groups, Edwardian-style
heritage buildings and European-style cafes, bars, restaurants,
entertainment venues, businesses and public housing. Better known as "The
Drive", the place is highly dominated by the commercial and
cultural facilities. The district is also one of Vancouver's Business
Improvement Areas (BIA). The drive is always rustling with active street
festival culture, as it is home to notable annual events like the
Vancouver Dyke March in August, Parade of the Lost Souls in October and
many more.
The region is a local transit hub that is well connected by many
different bus routes as well as the Skytrain.
Edgemont Village:
Edgemont is rather a smaller commercial area in the District of North
Vancouver. "The Village", as it is known locally, has become
the community hub for the residential neighbourhoods.
Efficiently linked with the rest of the city, the area is home to
several businesses, along with variety of shops, restaurants and
professional offices. The "heart" of the Village however lies
in its community services like library, community police office and the
regular community events on Village streets.
Throughout the summers, Edgemont hosts frequent public concerts,
community days, and celebrations like "Wild Lights Lantern Festival".
Major Manufacturing Zones
The False Creek Flats Industrial Area:
Located just to the east of the heart of the city, the False Creek
Flats Industrial area is spread over 235 acres of area. Besides
possessing its own 50 acres of rail yards, the area is also home to a
variety of light industrial and service industries such as wholesaling,
manufacturing and automotive shops.
The Flats is going through an extended period of readjustment. Around
147 acres (63% of the total) of its land is zoned I-2 for light industry
and the remainder is assigned for parks or future City works yards, rail
yards, and other lands that are likely to be rezoned for other uses in
the near future.
A large percentage of industrial activity in the Flats is city serving,
businesses providing goods and services for other businesses and
individuals in the city.
Location: Near BC Parkway
Major Activities: Wholesaling, Automotive Repairs & Printing
Port Vancouver:
Port Vancouver is Canada's busiest and largest Port and is also the
most diversified port on the continent. The Port generates more than
30,000 direct jobs through its activities like maritime cargo, cruise
industry, capital investment in Port facilities, shipbuilding &
repair and non-maritime enterprises.
It has 28 terminals and many other waterfront facilities with city's
industrial areas accommodating Port rail yards.
The Port of Vancouver trades goods worth billions with more than 90
countries annually.
Major Activities: Maritime Cargo, Cruise Industry & Shipbuilding