BCBusiness

June 2020 – Thirty Under 30 | Invest in BC Special Report

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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INVEST in BC 2 0 2 0 7 Official Publication of the BC Economic Development Association. In special partnership with BCBusiness. L E T T E R F R O M T H E P R E S I D E N T A N D C E O , B C E C O N O M I C D E V E L O P M E N T A S S O C I AT I O N L E T T E R F R O M T H E C H A I R , B C E C O N O M I C D E V E L O P M E N T A S S O C I AT I O N Start Here, Then Find Out More BCEDA and Our B.C. Communities W elcome to the official publication of the British Columbia Economic Development Association. Invest in BC is designed to give you a brief overview of British Columbia and to encourage you to invest in our diverse province. The magazine strives to provide valuable information on the eight economic regions of B.C., as well as timely trends in our ever-changing economy. I hope that you find this information of value to you and take the time to consider what an investment in B.C. could do for you or your business. I have been fortunate to travel to different areas of the province and to visit many of our amazing communities. When you take the time to really discover all of what B.C. has to offer, you will be amazed and convinced that our economy offers unparalleled opportunity. Despite global issues, B.C.'s economic momentum is intact. Credit a talented workforce, high quality of life, openness to newcomers and reasonable tax load. BCEDA has grown to over 400 members that are working together to grow local economies. Our members represent a range of communities, First Nations, businesses, chambers of commerce, Crown corporations, tourism groups, financial institutions, government agencies, NGOs and educational institutions. They make it their agenda to bring the right people together at the right time to create valuable partnerships and build prosperity for all those involved. BCEDA is the leading provincial association of economic development practitioners in the province. BCEDA provides services that help communities grow new and existing businesses, attract new investments and work toward strategic infrastructure investment, land-use planning and community enhancement. It is widely known that B.C.'s quality of life is second to none. If you have never had the opportunity to experience all that B.C. has to offer, we invite you to make a visit. British Columbia's only limits are your imagination. Please feel free to contact me, my staff or any of our members to discuss anything about economic development in British Columbia. Dale Wheeldon President and CEO, British Columbia Economic Development Association W elcome to the 2020 edition of Invest in BC. The British Columbia Economic Development Association (BCEDA) is pleased to partner with BCBusiness to produce this informative publication. Inside the pages of this magazine, you will find great information on the communities of British Columbia, and the many and varied opportunities that they have to offer. Whether it's natural resources, energy, technology, food production, tourism, international education or transportation and shipping, B.C. has a multitude of investment opportunities. The province's many other advantages include a highly skilled workforce, low corporate tax rates, world-class infrastructure and services, as well as welcoming and inclusive communities. British Columbia is truly "open for business." We do not just say the words; we put them into practice. Municipalities, regional districts and Indigenous communities invest over $80 million annually in economic development and tourism programming. They do this because they are committed to ensuring the economic and social well-being of their residents. BCEDA is the leader in so many areas, whether in our efforts to support communities in crisis through our Economic Disaster Recovery Program, providing tools so communities can further engage businesses, or our partnerships to encourage and support local businesses. But it really is the EDOs that are leading the way. They are responsible for assisting and supporting every company in the community regardless of size. They are change agents, team leaders and believers that we can together build healthy, prosperous and resilient local economies. In closing, I want to encourage all who read this publication to use it as a primer to further explore the investment opportunities that abound in all regions of the great province of B.C. BCEDA is here to assist economic developers, local, Indigenous, and provincial governments and businesses working together to build a robust and sustainable economy through education, collaboration and partnerships. Maureen Czirfusz Chair, British Columbia Economic Development Association

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