News Releases
Greater Victoria Highlighted in Island Economic Study
February 23, 2009
The Greater Victoria Development Agency is encouraged by the Vancouver Island Economic Alliance’s report on island economic growth from 2001 to 2006. The Regional Economic Analysis report highlights the region’s strengths in the areas of technology, tourism, education and research and development.
“As a service and knowledge-based economy, we are encouraged to see the growth in these industries in our region,” said Sasha Angus, GVDA Economic Development Officer. “Local businesses provide world-class experiences as well as innovative products for customers around the world, and generate household sustaining jobs in Greater Victoria.”
The report highlighted Greater Victoria’s low unemployment and showed greater than average location quotients in the high tech, tourism, research and public sectors. Examples include 43% more tech workers in the District of Saanich than provincial averages, 26% more tourism workers in Victoria, and 4.6 times the provincial average for people in the academic sector in Oak Bay. “The Greater Victoria region is a destination for talented people who seek education and opportunity. As we build for the future, we must continue to attract people to support our local industries and remain globally competitive.” said Angus.
The Greater Victoria Development Agency is an industry led economic agency representing the major industries and academic stakeholders of the region. The GVDA seeks to ensure that Greater Victoria remains a vibrant place to live, work and invest.
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Background:
Regional Economic Analysis Report
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For more information contact:
Shannon Renault
Manager Policy Development & Communications
Greater Victoria Chamber of Commerce
Tel: (250) 383 7191 Ext 208 Cell 812-0510
Email: srenault@gvcc.org
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Sasha Angus
Economic Development Officer
Greater Victoria Development Agency
Tel: (250) 383 7191 Ext 204
Email: sangus@gvda.ca |
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