BC Business Magazine did their annual rankings of the best place to work in BC and Squamish came out at number 1!
To come up with their power rankings, the magazine lookdat 7 factors.
- average household income
- average household income under 35
- average household spending on recreation
- average shelter costs
- five-year population growth
- five-year average household income growth
- unemployment rate
So why is Squamish the Intercontinental Champion of BC cities? Matt O’Grady said to Global BC, “It’s a combination of really strong income growth over the past five years and the increasing probability with affordability in the Lower Mainland. I think it’s forced people to reconsider where they buy a home, where they set up families, set up business.”
Some other Metro Vancouver cities made the top 10.
7. Pitt Meadows
9. North Vancouver
O’Grady said the towns just outside Vancouver are all strong picks, much like Squamish.
“What has been the trend over the past couple years is that the cities that are just outside the old suburbs of Vancouver are doing quite well, Langley, Delta, Pitt Meadows, places where it’s still relatively affordable to live. Where there are jobs, where you are still close to the heart of the Lower Mainland of Vancouver.”
This year, Coquitlam, Port Coquitlam (barely) and Surrey all fell out of the top 10. Maple Ridge had big gains and is at 12.
If you’re not near a metro of 2.5 million folks, the best region for work in British Columbia would probably be the north-east where both Fort St. John and Dawson Creek finish ed at 2 and 3. Kelowna was number 4. I like Kelowna, I could live there.
Being near Vancouver is good..but what about actually BEING Vancouver? Much like the Canucks, you’ll be hanging around the 26th spot.