BCBusiness

January 2015 Best Cities for Work in B.C.

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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W hether you work to live or live to work, the place you set down roots matters. And the real- ity is, some cities are superior when considering not only your job but also your job market. How are your neighbours faring? If not so well, could that be you tomorrow? We knew that ranking B.C.'s cities on the quality of their job markets would be a con- troversial exercise—one that required hard data. For that we reached out to Environics Analytics, a Toronto-based analytics firm that compiles data from sources like Statis- tics Canada on hundreds of cities across the country. We created, tweaked, debated and ultimately settled on a methodology, weigh- ing certain criteria, like income growth, more heavily than, say, unemployment (a full accounting on p.55). And what we found was a pattern: the cit- ies with higher incomes also tended to have the lowest unemployment. They tended to have growing populations. In short, no matter how we sliced the data, our ranking remained relatively unchanged. Metro Van- couver dominated the top of the list alongside boom towns Fort St. John and Dawson Creek. On the other end: cities like Prince Rupert and Terrace, whose fishing and forestry industries have lumbered through a decade of decline. Yet even there, at the centre of a hoped-for LNG boom, the fortunes of those northwestern cities—and their positions on our list—could shift dramatically in the years to come. In the meantime, we believe this first- ever ranking serves as a valuable big-picture snapshot of B.C.'s job market as it stands. We hope you find the Best Cities list useful and informative—but if not, send us a note at bcb@ canadawide.com. January 2015 BCBusiness 41 bcbusiness.ca Best Cities for Work Home is where the heart is—but a good paycheque doesn't hurt. We gathered data on 36 cities through- out the province, ranking them according to their job markets i l l u s t r a t i o n s b y M a t t h e w B i l l i n g t o n in b.c. e x C l u s i v e B C B u s i n e s s s u r v e y

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