A new economic development agency for British Columbia will include offices in Victoria and Campbell River.
Federal Minister of Economic Development and Official Languages Mélanie Joly says Pacific Economic Development Canada (PacifiCan) will provide a tailored approach for British Columbia’s economy.
“Minister Joly’s announcement has the potential to have a significant impact on the economic recovery and resilience needed in the Capital Region to move along a path of a sustainable and diverse post-pandemic economy,” Chamber CEO Bruce Williams says, noting that as B.C.’s population has grown rapidly over the past 20 years, the province’s economy is becoming more advanced. “By creating two offices on Vancouver Island, one in Victoria and the other in Campbell River, the federal government shows it recognizes the unique opportunities and challenges of our Island economy. Greater Victoria has distinct priorities, as do the central, northern and western regions of the Island.”
PacifiCan builds on work done by Western Economic Diversification Canada over the last 34 years. Another new agency, Prairie Economic Development Canada (PrairieCan), will now serve Alberta, Saskatchewan and Manitoba.