With a collective population of over 220,000 people as of 2016, the Tri-Cities region has experienced significant growth moving into the 21st century. This growth is embodied by major projects like the hi-rise residential development in Coquitlam and Port Coquitlam, and the Evergreen SkyTrain extension running through Coquitlam and Port Moody.
While it’s no surprise that the region looks different today than it did before, it can be difficult to think about how that change occurred over time. This is what economic development is all about; it encompasses each and every force that acts to continuously turn a rural train port into a thriving urban centre.
So how do you measure economic development?
While you can’t measure the forces involved in economic growth quite like you can the factors present in a physics equation, you can find common linkages and trends that inform you how a city is performing. You can then make development plans based on where you think the city ought to go from there.
Economic development largely involves attracting the right kinds of investment to your region. Click the boxes below to find out more about how the Tri-Cities region is growing its reputation as an attractive place to live, work, invest, and play.