A Diversified Economy
Within the island’s largest city, Victoria, there is a significant IT and technology industry with nearly 1000 technology companies operating in the Victoria area and hundreds more in other areas like Nanaimo and Parksville.
Outside of Victoria, Vancouver Island’s economy is dominated by the forestry industry employing people in small business and corporate logging operations from Port Hardy to Victoria.
Fishing and seafood is a vibrant industry on the island with scores of commercial fishing vessels operating out of the ports and harbours all around the island. Sport fishing drives a vibrant tourism industry and locals reel in tons of wild salmon and halibut every year.
In recent years the government of British Columbia has engaged in an advertising program to draw more tourists to beach resorts in places such as Tofino and Ucluelet. Sport fishing, whale-watching, hiking, SCUBA diving, surfing, and skiing are just a few things for which tourists visit Vancouver Island. Visitors also come to see Victoria’s nineteenth-century architecture, and the many villages which line the coast such Cowichan Bay, Chemainus, and Qualicum Beach.
Consumer food products companies also exist in the various cities and towns on Vancouver Island. Bakeries, dairies, food processing plants, breweries, wineries, of varying size and scope are found all along the island. Some of these organizations have international customer reach and many have won awards for artisanal products.