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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bcbusiness.ca January 2015 BCBusiness 47 12.00% $75,529 4.19% 9.49% 60.39% 11.95% 5.67% 42.15 12.20% $70,673 5.58% 8.94% 40.43% 18.04% 1.56% 42.02 11.03% $83,244 1.45% 9.96% 70.01% 14.17% 2.40% 40.71 10.61% $73,433 2.08% 8.23% 57.16% 14.94% 2.21% 40.00 11.69% $69,249 0.28% 8.44% 57.61% 12.26% 1.05% 39.48 11.10% $76,083 0.13% 9.16% 59.66% 15.57% 2.14% 39.46 12.83% $64,484 -0.78% 10.44% 53.87% 8.45% 2.75% 37.22 11.40% $77,366 1.06% 12.07% 63.66% 8.65% 0.89% 36.48 10.28% $67,695 -2.34% 7.63% 51.97% 12.82% 2.19% 36.37 7.87% $72,217 0.09% 8.10% 65.87% 13.54% 1.76% 35.44 11.26% $74,874 -4.87% 11.51% 67.08% 12.44% 3.69% 35.00 9.92% $75,617 -1.06% 14.58% 67.24% 14.81% 4.00% 32.42 5-Year income groWTh (30%) average household income (20%) 5-Year populaTion groWTh (10%) unemploY- menT (15%) labour parTicipaTion (10%) people WiTh degrees (10%) people using TransiT (5%) score (100%) Category weights shown in brackets. Full methodology on p.55 Where Terrace residents work SaLeS/ SeRviceS 19.45% BuSineSS/ Finance 7.75% Science 3.30% gOveRnMent/ eDucatiOn/ ReLigiOn 8.49% aRtS/ cuLtuRe/ SpORtS 0.92% HeaLtH 4.16% tRaDeS 12.10% ManageMent 4.50% OtHeR 3.26% etc. Data for residents over age 15 | Source: Environics Analytics, DemoStats 2014 $3.3-billion project has brought hun- dreds of well-paid workers into the region who are buying up houses, trucks and restaurant meals. Shaben, also president of the local chamber of com- merce, says that while some retailers are complaining they're not yet feeling the impact, she thinks she knows why: "The reason is that they're a bit specialized, maybe targeted more to females. We don't really have the families moving up here yet. But that will come." Going forward, the challenge will be keeping the skilled tradespeople from the Alcan project in the region. "There's going to be a bit of lull between when that project ends and the LNG projects begin," says Shaben. As part of an effort to diversify its economy, Terrace has also recently built the Skeena Industrial Development Park; a deal with a Chi- nese company to bring an alfalfa protein extraction facility—and some 170 skilled jobs—to the site was expected to close by the end of 2014. "Back when I was a kid, we were a logging town—that's all we were," says Shaben, a Terrace resident since 1967. "We had beehive burners right in the middle of town. You'd constantly have to dust because you'd open the doors and all the soot would come in. Things sure have changed."

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