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3 Greater Victoria communities dubbed most economically resilient in B.C.

Vancouver Island crowned most resilient region in the province for the fourth consecutive year
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Central Saanich is dubbed the most economically resilient community in the province for 2024 by BCBusiness magazine. (Black Press Media file photo)

This year, BCBusiness magazineB次元官网网址檚 top three most economically resilient communities in the province are all in Greater Victoria.

Central Saanich took the top spot, Sidney came in second and Langford was ranked third.

B次元官网网址淚t might not be a Grammy, but we are thrilled and a little surprised to be the top town on another ranking of B.C.B次元官网网址檚 best communities,B次元官网网址 the District of Central Saanich said in a social media post. B次元官网网址淲eB次元官网网址檙e committed to supporting a resilient local economy and thriving agricultural sector. Central Saanich is a great place to live, work, play and run a business.B次元官网网址

The list was based on criteria such as the unemployment rate, housing growth and economic diversity, while also considering aspects of social and environmental resiliency.

Saanich was ranked No. 9, and Victoria took the No. 16 spot on the list.

Vancouver Island took the crown for the most resilient region in the province for the fourth consecutive year.

B次元官网网址(Vancouver Island) owes its continued strength to strong household finances, low residential greenhouse gas emissions, minimal unemployment and sturdy residential sales and housing starts,B次元官网网址 the annual ranking reads. B次元官网网址淭his year, its economic centre of gravity has solidly shifted to the Capital Regional District.B次元官网网址

The magazine put the rankings together with the help of research partner Environics Analytics.

This is the 10th year the list has been compiled at .

Central Saanich has stuck in the top 10 for five straight years. Sidney has been in the top 10 for three of the last four years.

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Brendan Mayer

About the Author: Brendan Mayer

I spent my upbringing in Saskatoon, and in 2021, I made the move to Vancouver Island.
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