BCBusiness

July 2019 The Top 100

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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to keep, and for that we need to oer them opportunities to progress and move up." City planning In his oce at city hall, Scott Randolph, director of economic development and communications for the City of Powell River, tells me that local real estate agents have posted banner years for 2016 through 2018, with well over 50 percent of sales to buyers from outside the city. The value of building permits doubled from 2017 to 2018, and elementary school enrolment (perhaps the true test of a community's sus- tainability) increased from 2,054 in 2016 to 2,278 last year. This growth didn't happen by accident, but—like the city itself—was created by design. Townsite, a planned community that provided workers for Western Cana- da's Šrst pulp and paper mill, founded in 1908, was the Šrst settler development in Powell River (named in the 1880s for B.C.'s then–superintendent of Indian Affairs, Israel Wood Powell, after his travels up the coast). For decades, the mill (in its heyday, one in 25 of the world's newspapers was printed on its paper) was a huge economic driver for the city and its main source of steady employment. Townsite was classiŠed as a National Historic District in 1995, but that same decade saw the beginning of the mill's decline, and in 2012, it was downsized to a fraction of its former glory. With layos and natural retirement, that cut Powell River's tax revenue for the year in half. The indus- try that once employed more than 3,000 now paid salaries to roughly 350. The city was moribund; it desperately needed an injection of new life. In 2014, Powell River launched the Resident Attraction Campaign, a pro- active measure designed to draw young families, telecommuters and others under 45 to relocate there for employment or to PHOTOS COURTESY OF SUNSHINE COAST TOURISM. CLOCKWISE FROM TOP LEFT: CHRIS THORN, ANDREW STRAIN, GEOFF TOMLIN-HOOD, THE AGE BALANCE OF MIGRANTS SLOWLY STARTED TO SHIFT, AND IN 2018, HALF OF ALL NEW RESIDENTS OF POWELL RIVER FELL INTO THE MORE YOUTHFUL CATEGORY, WITH THE OTHER HALF MADE UP OF TRADITIONAL RETIREES. PEOPLE ARRIVE FROM ALL OVER, WITH MOST INCOMING FROM THE SQUAMISH-TO-HOPE CORRIDOR 46 BCBUSINESS JULY/AUGUST 2019

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