lifestyle
lifestyle

Vancouver: Vital Stats

City Population... Region Population... Average Annual Retail Rent...

By
CITY POPULATION: 600,000

REGION POPULATION: 2 million

AVERAGE ANNUAL RETAIL RENT: Downtown Robson Street: $180 to $240 a square foot; Trendy Yaletown: $35 to $70 a square foot.

EMPLOYMENT GROWTH RATE: 3.2 percent (2007)

CITY UNEMPLOYMENT RATE: 4.5 percent (May 2008)

NATIONAL UNEMPLOYMENT RATE: 6.1 percent (May 2008)

NUMBER OF HOUSES SOLD IN GREATER VANCOUVER (2007): 38,978; 102,892 for British Columbia.

AVERAGE PRICE, SINGLE-FAMILY HOME (2007): $556,601; $428,059 in British Columbia.

MAJOR INDUSTRIES: Port of Vancouver, 62,200 jobs, trading over $42 billion in goods; tourism, 120,400 jobs, $5.4 billion in revenues; film industry, 50,000 jobs, $1 billion in revenues.

OTHER KEY LOCAL INDUSTRIES: Forest products, mining, financial services, real estate, construction, technology and biotechnology.

TOP COMPANIES: Elus Corp., Jim Pattison Group, Teck Cominco, Finning International, Best Buy Canada.

LEADING FASHION FIRMS: Lululemon, Mac & Jac, Kenzie, Dace, Aritzia, Sugio (Cannondale), Lily + Jae, Syke Textiles.

- Vancouver is the largest city in the province and third largest city in the country, with 13 percent of Canada's population.

- British Columbia's economy expanded 3.1 percent in 2007, outpacing Canada's economy for the sixth year. Only provinces with energy industries — Newfoundland, Alberta and Manitoba — grew faster.

SOURCES: City of Vancouver, BC Stats, BC Business.
load comments

ADD A COMMENT

Sign in using your Facebook or Twitter account, or simply type your comment below as a guest by entering your email and name. Your email address will not be shared. Please note that WWD reserves the right to remove profane, distasteful or otherwise inappropriate language.
News from WWD
Newsletters

Sign upSign up for WWD and FN newsletters to receive daily headlines, breaking news alerts and weekly industry wrap-ups.

LatestPublications
getIsArchiveOnly= hasAccess=false hasArchiveAccess=false