BCBusiness

December 2016 Best Cities for Work

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 DECEMBER/JANUARY 2017 BCBUSINESS 25 W H E R E T O W O R K I N 2 0 1 7 B E S T C I T I E S F O R W O R K I N B.C. he North is down—but defi- nitely not out. That's one of the key find- ings from our third annual Best Cities for Work in B.C. survey. The survey, done in con junction with Environics Analytics in Toronto, mea- sures seven factors that, combined, indicate the eco- nomic attractiveness of a community: average house- hold incomes, household incomes for breadwinners under 35 years of age, five- year income growth, five-year population growth, average shelter costs, average house- hold spending on recreation, and the unemployment rate. Two of those factors are new this year—shelter costs, and spending on recreation— while one measure, the per- centage of households with degrees, was dropped from the formula. Why the shift? We think that while a college or university education is crit- ical, it doesn't tell you much about whether or not that community is a great place in which to live and work. How IN OUR THIRD ANNUAL RANKING OF B.C.'S 36 BEST CITIES FOR WORK, WE HAVE A NEW NO. 1, SEVERAL STEADY PERFORMERS—AND SOME SURPRISE BIG GAINERS (TERRACE, ANYONE?). PLUS: A LOOK AT WHY KELOWNA IS THRIVING AS B.C.'S UP-AND-COMING TECH HUB—AND HOW VANCOUVER'S HIGH COST OF LIVING IS HITTING ITS SERVICE SECTOR HARD b y M A T T O ' G R A D Y a n d J E N N Y P E N G T I N S I D E Exclusive B C B U S I N E S S S U R V E Y

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