Growth and confidence keep businesses humming here
Vancouver Island has been one of Canada’s top growth stories since its growth surge started in 2014 after stumbling through the early parts
of this decade.
That’s according to Central 1 Credit Union which says economic growth is expected to decelerate throughout the Island over the next four years but although it’s expected to slow, it will not stop expanding.
The report says growth and confidence are leading to more incorporations of businesses and those are being led by the Capital Regional District and then the Cowichan Valley and Nanaimo regional districts.
The latest population estimate for 2017 pegs the population of the Island at 817,200 people with growth strong across the Island, led by Nanaimo, the Victoria capital region, and then Duncan.