BCBusiness

October 2025 – Generation Shift

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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REGIONAL POPULATION (2024) 176,617 UNEMPLOYMENT RATE (MAY 2025) 6.7% TOP EMPLOYERS BY INDUSTRY (2023) Health care & social assistance 16.3% Retail trade 11.8% Educational services 8.9% FORECAST EMPLOYMENT GROWTH, 2024-34 4,300 BUILDING PERMIT VALUES (2024) $501.6 MILLION HOUSING STARTS (2024) 104 VALUE OF MAJOR PROJECTS PLANNED OR UNDER CONSTRUCTION (Q4 2024) $5 BILLION BUSINESS INCORPORATIONS (2024) 860 SOURCES: B.C. L ABOUR MARKET OUTLOOK , STATISTICS CANADA AND B.C. STATS. K O O T E N AY INVEST in BC 2 0 2 5 43 Official Publication of the BC Economic Development Association in special partnership with BCBusiness. BOT TOM LEFT TO RIGHT: EDISON MOTORS; LEFT: KOOTENAY ROCKIES TOURISM/MITCH WINTON beverage giant Lavazzo for $215 million. That same year, Nelson's Pacific Insight Electronics, a designer of LED interior lighting systems for cars, was acquired by Methode Electronics Corp. of Chicago for $144 million. Software developer Fulcrum Management Solutions, better known by its platform name, ThoughtExchange, hails from Rossland. All three organizations still operate in the region. Boasting no big cities—the largest is Cranbrook, population 22,000—the Kootenay region is nonetheless well endowed with prospective entrepreneurs with drive and skills. Many of them are migrants from larger centres in search of a quieter, more affordable lifestyle amid outstanding natural beauty and recreational opportunities. Sporting

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