Vancouver is Canada’s fastest-growing economic power, making up over 7% Canada’s GDP. Here are some of Vancouver’s most crucial business sectors:
Port & Trade
Financial Market: Where financial assets like stocks, bonds, and currencies are traded (e.g., New York Stock Exchange, crypto exchanges).
Film, TV, and Digital Media
Known as “Hollywood North”, Vancouver ranks as the 3rd-largest film/TV production hub in North America, with ~120 annual productions and over 20,000 jobs.
Technology & Life Sciences
Call it the Silicon Valley of Canada! Vancouver is an innovation/Startup Hub, hosting over 11,000 tech companies, including AI, cloud computing, and IoT startups and giants like Microsoft, Intel, and Salesforce. It also boasts Canada’s fastest-growing life sciences cluster, with strengths in biotech, oncology, genomics, and medical technology.
Natural Resources & Clean Tech
Metro Vancouver has the head offices of numerous mining and forest-product firms. There is also a growing clean-tech sector that supports resource extraction and green transition, led by companies like Invinity.
Tourism and Retail
Scenic locations and cultural diversity make tourism and retail key economic pillars for Vancouver
Finance & Professional Services
Vancouver’s financial district occupies over 60% of downtown office space and hosts major banks, accounting firms, and legal services. Professional and commercial services sectors are also densely concentrated in the city core.
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