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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declining for decades—to one filled with software developers, consultants, mar- keters, artists. And these people, more often than not, choose to live in big cit- ies. According to Florida, nearly 40 per cent of Metro Vancouverites are now employed in creative class jobs; among downtown residents, that percentage doubles. "Our cities are the arenas of innovation," he told the QE crowd. It's fair to say our Best Cities data jibes with Florida's theory: Metro Vancouver cities dominate the top spots on our list and none rank poorly. That's good news considering the region is home to more than half of all B.C. residents (including most BCBusiness readers). And with that sort of size comes criti- cal mass when it comes to the labour force. "In Vancouver you can find peo- ple who you just cannot find anywhere else," says Peter Miron, senior research associate at Environics. "If there are only three people who specialize in a niche, you're always going to find them in the city." This labour specialization, as Miron calls it, can only exist in mar- kets large enough to support special- ties—markets like Vancouver. "A lot of the growth we've seen in cities is a result of this diversification," Miron explains. "If you look at the most successful cities in Canada, for the most part they have been large." While Metro Vancouver may not have a lot of head offices, it maintains an impressively diverse economy base. The region is Canada's gateway to Asia, it has multibillion-dollar tech and film sec- tors, and it's one of the world's mining capitals, home to over 800 global min- ing firms. Yes, it's a famously expensive place to set down roots. But as a place to work and find work, Metro Vancouver has few equals. As Richard Florida put it, "The factories of our time are the Silicon Val- leys, the Torontos, the Vancouvers." January 2015 BCBusiness 49 Where Metro Vancouver residents work SaLeS/ SeRviceS 16.64% BuSineSS/ Finance 10.93% Science 5.39% gOveRnMent/ eDucatiOn/ ReLigiOn 7.60% aRtS/ cuLtuRe/ SpORtS 2.50% HeaLtH 4.11% tRaDeS 8.54% ManageMent 6.35% OtHeR 2.61% etc. Data for residents over age 15 | Source: Environics Analytics, DemoStats 2014 5-YR HOUSE- HOLD INCOME GROWTH 5-YR pOpULaTION GROWTH UNEMpLOYMENT LabOUR paRTICIpaTION pEOpLE WITH DEGREES pEOpLE USING TRaNSIT +12.93% +9.54% 7.15% 66.43% 29.20% 19.51% NotE: the figures used in our ranking are for Vancouver proper; these are for the metro region TOTaL METRO VaNCOUVER pOpULaTION: 2.6 Million

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