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Vancouver Comprehensive Plan 2011-2030 - City of Vancouver

Vancouver Comprehensive Plan 2011-2030 - City of Vancouver

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CHAPTER 2Economic DevelopmentEconomic development is one <strong>of</strong> the cornerstones <strong>of</strong> the<strong>Vancouver</strong> comprehensive plan because it is a centralfactor in a community’s ability to sustain itself. A strong anddiverse economy provides employment and a tax base thatsupports public services and a livable community. Althoughmost economic activity is in the private sector, local government’srole is to establish parameters for private markets,provide necessary services, and participate in economicdevelopment in some circumstances.This chapter describes <strong>Vancouver</strong>’s economy in <strong>2011</strong> andwhat direction the city’s economic development should takeduring the next 20 years.Specifics Data on the composition <strong>of</strong> the <strong>Vancouver</strong> economy Economic indicators: unemployment, poverty, income, andsales levels Available land for commercial and industrial development <strong>Vancouver</strong>’s economic development tools and programs Economic development policies<strong>Vancouver</strong> <strong>Comprehensive</strong> <strong>Plan</strong> <strong>2011</strong>-<strong>2030</strong> Economic Development | 2-1

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