Region: Thompson/Okanagan
Regional District: Central Okanagan
With a trading area of 520,000 and infrastructure to support business, Kelowna and the Central Okanagan is the largest trading centre between greater Vancouver and Alberta. The Okanagan has a diverse economy with prime industry sectors including agriculture, tourism, retail trade, manufacturing, forestry and construction. Key growth industries for the Valley include information and high technology, film, viticulture and wine production as well as aviation and health care. With much in the way of available business resources, the Valley is an ideal destination for business start-ups, expansion and relocation. The Okanagan has become a prime destination for residential and small business relocations due to the exceptionally moderate climate, strong transportation, trained labour force and availability of diverse recreational opportunities.
The Regional District of Central Okanagan (Kelowna CMA) comprises the City of Kelowna, District of West Kelowna, District of Peachland, District of Lake Country, Central Okanagan J (census subdivision), Central Okanagan East Electoral Area (formerly Joe Rich – Ellison). The self-governed Westbank First Nation is also geographically located within the Central Okanagan Regional District. All have unique characteristics but are closely interrelated.
The Region has a well-diversified economy, with health care, education construction, agriculture and tourism being the main industries. The warm climate makes this area one of the more important agricultural centres in the province and is one of many attractions for tourists. Improved transportation links to the Lower Mainland have enhanced the Central Okanagan as a place to locate secondary and tertiary manufacturing.
The region has experienced significant growth in residential construction over the past several years. Key economic drivers in the region include the University of British Columbia, Okanagan Campus with an annual economic impact of $1 billion and YLW Kelowna International Airport with an annual economic output of $ 610 million. Kelowna General Hospital and Okanagan College are also major contributors to employment and economic impact in the region.
The Central Okanagan and the Okanagan Valley continue to undergo significant urban development. The Central Okanagan has more than 568 hectares of development-ready, industrially zoned land available to meet the growing demands of a population expected to reach 250,000 by 2032.
http://www.investkelowna.com
View facts and figures about Kelowna, BC to help inform your investment research. Click the title to expand and display the statistics.
NOTE: Driving distances are measured using the road/ferry network starting with a key point in a community (e.g main office address).
Kelowna, Kelowna, BC The Grateful Fed Pub is a cozy-feel pub in the heart of downtown Kelowna. They are known for a fantastic breakfast, lunch and dinner menu. The Grateful Fed is a hot spot downtown location in Kelowna - also has a great patio in the summertime, which offers an addition 30 seats for locals and tourists... continue
1655 Dilworth Dr, Kelowna, BC, V1Y 8M4 Unit 209 IntraUrban Enterprise consists of two buildings with units ranging in size from 2,045 to 3,900 square feet, including ground floor and mezzanine. Units may be combined for larger space requirments.... continue
1980 cooper rd, Kelowna, BC Focused primarily on maintenance work, this Electrical Contracting company has shown consistent revenues and profitability through variable market conditions.@The company was started in 1982 and has grown into one of the premier mid-sized electrical service companies in the BC Interior, by focusing ... continue
https://news.gov.bc.ca/stories/aboriginal-business-and-investment-council-finalized VICTORIA - As the province attracts increased investment opportunities, the new Aboriginal Business and Investment Council is ready to help move projects forward that create jobs for families across... continue
Successful partnerships can strengthen communities, companies and regions. That’s certainly the case for the Stk’emlupsemc te Sewepemc Nation (SSN), which represents two member bands of the Secwepemc Nation that joined forces to pursue economic development opportunities in B.C.&rsquo... continue
View the list of First Nations with asserted traditional territory in this area.
Learn more about Building Relationships with B.C. First Nations.
British Columbia has a vibrant Trade and Investment environment. Learn about recent industry success stories throughout the province and across our many industry sectors.
Keep informed through our social networking sites. Follow us to join the conversation.