Strategic Growth: A Progressive Approach to InnovationStrategic Growth: A Progressive Approach to Innovation, Strategic Growthrgba(3,239,194,.95)

​​​​​​​​​​​​​​​​​​​​​​​​​Metro Vancouver is growing with intention. From robust infrastructure to an innovative spirit nurturing world-class tech unicorns, to purpose-led businesses that do more for communities and the environment — we’re ready for today and tomorrow.​

​​​​​​​​​​​​​​​​​​​​​​​​​​Entrepreneurial Spirit​​

Entrepreneurs and organizations seeking to lead change will find Metro Vancouver is the ideal region for making a real impact. Access to tax incentives encouraging research and development set the stage for ambitious goals that align with clean and inclusive growth. In 2021, BC startups scored 140 deals and $3.93 billion in venture capital investment. The enthusiasm for innovation and ingenuity has nurtured 13 tech unicorns that call Metro Vancouver home.

140 deals ​and  $3.93 billion
in venture capital investment in BC in 2021​.


Planning for Growth

Canada’s population grew by 5.2 per cent between 2016 and 2021, welcoming immigrants from around the world. Economic prosperity is a core principle of Metro 2050​, the region’s shared vision of how projected population, housing, and job growth will be managed over the next 30 years. By 2050, Metro Vancouver is anticipated to grow by a million more people for a population of 3.8 million, estimating over two million jobs.

Canada vs. Metro Vancouver

Gross Domestic Product

Gross Domestic Product


Evolving Industry Clusters​

Metro Vancouver’s compact region has led to interconnected industry clusters supported by major transportation corridor connecting people from across the region to the global market.

In this dynamic environment, a diverse range of industries are thriving, including agritech, cleantech, transportation & logistics, apparel, high tech, and digital media & entertainment. These sectors have tapped into a rich pool of interconnected talent, with particular focus on cutting-edge research and development. Talent is one of the main drivers behind the establishment of industry clusters that are fortified by incubators and accelerators that allow access to apply practical skills in the growing innovation ecosystem across industry sectors.

Researchers as a Share of Total Employment

Researchers as a Share of Total Employment Chart

Source: Invest Vancouver, using data from fDi benchmark, a service from the Financial Times of London​

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