The Thompson-Okanagan region is a popular tourist destination, renowned for its sunny climate, beautiful landscapes, and relaxed lifestyle. Its diverse economy is based on the key industries of health care, manufacturing, technology, agriculture, and tourism . Key growth industries include information and high technology, film, viticulture, and wine production, aviation and health care. This is an area of remarkable geographical diversity, comprising desert, mountains, lakes and rivers. Its many fertile valleys grow fruit, vegetables, and the grapes used to make the region’s award-winning wines. Thompson-Okanagan often receives more than 2,000 hours of sunshine each year, making it one of the sunniest areas in the province.
With over 700 tech companies employing over 12,000 people, and annual revenues surpassing $1.7 billion, technology thrives in the Thompson-Okanagan climate.
The Okanagan Valley, its sub-regions, climates, and soil conditions are suited to growing a range of varietals and support an industry with over 240 wineries and 10,300 related jobs.
With over 2000 hours of sun annually, the Okanagan features four distinct seasons to enjoy everything from skiing, golfing, cycling, hiking, and boating.
With an average age of 44, Kelowna is the third largest metropolitan area in B.C., with the 10th busiest airport in Canada facilitating connections both national and internationally.
The Thompson-Okanagan region has a well-diversified economy and a warm climate that makes this area one of the more important agricultural centres in the province, as well as home to many attractions for tourists. Agriculture, ranching, mining, logging and manufacturing are important industries. Well serviced by multiple highway links to the Lower Mainland and Calgary, the Central Okanagan is a popular place for multiple manufacturing sectors.
Economic Development Organizations
There are twenty-eight First Nation communities in the Thompson-Okanagan region. Multiple communities have formed alliances and organizations to protect Indigenous rights and to promote economic activities for their region, such as the Shuswap Nation Tribal Council, the Nicola Tribal Association, the Okanagan Nation Alliance, and the Nlaka’pamux First Nation Tribal Council.
Economic Development Associations
The University of British Columbia has a campus located in Kelowna, providing science, grad studies, engineering and applied science, and other valuable programs to the local community.
Okanagan College is the region’s largest higher education institution. Offerings range from bachelor’s degrees to diplomas, trades, vocational training, professional development, corporate training and adult basic education.
Regional experts can help familiarize you with the amenities, infrastructure, and opportunities in each region. They can introduce you to the economic development offices and industry associations that will support the integration of your business into the province.