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Data shows Victoria experiencing gradual economic recovery

Statistics for early 2021 show promising returns as Victoria 3.0 begins to take hold
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Research into the city of VictoriaB次元官网网址檚 economic recovery through the pandemic shows things to be moving in the right direction. (Photo courtesy City of Victoria)

Data released by the City of Victoria shows a gradual economic recovery to be underway.

Prepared in collaboration with local business leaders, the data, released June 18, compares economics for the city over the last three years through the months of February, March and April.

B次元官网网址淲e wanted to see what story the numbers tell in terms of the health of our city and our downtown economy after 16 months of a global health pandemic,B次元官网网址 Victoria Mayor Lisa Helps said in a release.

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Compared to April 2020, increases in cyclists, pedestrians and parked motorists were seen this April. As well, 620 business licences were issued between this February and April B次元官网网址 20 more than were issued between those same months in 2019. Building permit applications and hotel occupancy were also on the rise as of this April, surpassing numbers from April 2020.

B次元官网网址淚 am pleased the data shows that despite the global pandemic, we continue to have one of the best mid-sized downtowns in North America,B次元官网网址 said Downtown Victoria Business Association executive director Jeff Bray.

Victoria 3.0 is guiding the cityB次元官网网址檚 long-term economic recovery through supporting businesses, and building on strong local industries such as tourism, tech and film.

Greater Victoria Chamber of Commerce CEO Bruce Williams noted increases in film permits and construction value signify how business is returning to the region. He also referenced the increased demand from both prospective visitors and locals wanting to resume social activities.

B次元官网网址淲eB次元官网网址檙e ready to go, as soon as itB次元官网网址檚 safe to do so.B次元官网网址

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Data on the cityB次元官网网址檚 economic recovery will be released quarterly over the next few years. For more information, visit . and search for Victoria 3.0.


Do you have a story tip? Email: vnc.editorial@blackpress.ca.

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Evert Lindquist

About the Author: Evert Lindquist

I'm a multimedia journalist from Victoria and based in Revelstoke. I've reported since 2020 for various outlets, with a focus on environment and climate solutions.
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