business & investment guide

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Vancouver Economic Development Commission 2008

OF ALL THE PLACES IN THE WORLD TO INVEST, OF

ALL THE CITIES IN WHICH TO DO BUSINESS, ONLY

ONE OFFERS ALL THESE COMPETITIVE ADVANTAGES.

THINK VANCOUVER

On of t ot dnaic and div conoi in NotAica. A tting of ajtic aut. An nvia ciat.Unupad quait of if. No wond Vancouv i aagnt fo intignt, tantd pop fo aound twod.

Cativ, ntpnuia citizn a Vancouv aninnovation incuatoa pac w nw ida, poductand vic a on. On of t gnt citi inNot Aica, it ncouag utaina tining wiuppoting uin dvopnt.

Cativ, intignt, ig idpop fo a ov t wod. Awcoing, coopoitan ift.A wat of activiti at ou dootp.A tiving, ntpnuia uinnvionnt.

This is Vancouver.

A a o to ot nw induti (i digita dia) andtaditiona on (i ouc xtaction), Vancouv apoitiond itf in t vanguad of t goa cono.

And t goa cono i at Vancouv dootp.Cot to Aia of a ajo Not Aican citi,Vancouv i a fat-gowing, incaing ipotant

gatwa twn Not Aica and t ooingconoi of Aia Pacic. It uticutua caacta it an ida nxu fo tan-Pacic uinvic. T convgnc of t wod adwingatt, dia outt and copoation fo t 2010Opic and Paapic Wint Ga wi igtnVancouv po, apif it uin oppotunitiand nanc it goa uin connction.

C Vcv. W w .


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The complete VEDC Business & Investment Guide is available in PDF format on our website at:www.vancouvereconomic.com. To request the guide in book format ($25) please phone 1-866-632-9668.

brAINs & beAUTy

A smart city with a fast-growing workforce in amajestic setting.In uv aft uv, Vancouv an a on of twod ot iva citi. It uting downtownuin co i inut awa fo wod-ca iot, pitin ac and pcta od-gowt fot.

And it ig id, ntpnuia and coptitivwofoc a it on of t t pac to do uin.

In 2008 Vancouv wa nad on of t attciti in t wod t Intignt Counit Fou.FatCopan agazin cnt nad it a Goa FatCit, citing it a a ading coptito fo goa tantand a ad in nvionnta utainaiit.

VANCOUVer Is FUllOF eNTrePreNeUrs - TheCreatiVe ClassThATmAkes A CITy VIbrANT

buin can an on a wofoc tat not on appand at ut oo at and uin avv.mo tan a tid of t popuation a undgaduatdg, and tn p cnt av advancd dg.Vancouv a t igt concntation of atit aong

ag Canadian citit cativ ca tat pa a cit viant and ading-dg. entpnucontitut t cond-agt mtup.co goup inVancouv (outpacd on i). sa-uincation appn o quic . Citi, icopani, attact i-indd pop, o t citicaa of cativ ntpnu xpand tadi tougf-ctd in-igation.

buin nt fo a div wofoc tatgowing fato tan 40,000 pop iigat tobiti Couia ac a. bcau Vancouv i anAia-Pacic uin cnt, wofoc divit i

paticua ipotant. mo tan two-tid of cntiigant ca fo Aia.

Ingnuit and cativit a aa of t gion.mountain equipnt Co-op, t agt tai coopativin Canada wit 1,100 po, u a uniqu uinod to off ig-quait outdoo good, incudingit own and, to 2.6 iion . luuon, uitaound oga wa, i an intnationa ucc. Doznof intnt ntpnu a ad , incuding tco-found of Opn Txt Copoation, t found ofNCopa la (acquid micooft), and t oungan wo tatd t poto-aing wit Fic.

BUSINESS & INVESTMENT GUIDE THINK VANCOUVER BRAINS & BEAUTY

PhOTO:AllCANADAPhOTOs/ChrIsCheADle

PhOTO:mArkDOherTy

JUNE 2008


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INNOVATIONINCUbATOr

A strong tradition of public &private sector innovation.Vancouv gow ida. scintit, ngin, acand dign cat nowdg and concpt tat utataco indut in. entpnu tanfo dicoviinto vaua poduct and vic. Nw appoacpa ig-tc induti and ot t poductivitof taditiona induti. Copani i Gco(ining poductivit oftwa), Coppaf (infatuctuanagnt oftwa) and Wof mdica st

(atca poductivit oftwa) a intnationa toi.

Vancouv cono a n tanfod in t atquat-cntu. T itoic dpndnc on pot andouc xtaction activiti a n pacd atong vic cono tat cat to ot oca andintnationa nd. And t cit xpot xpti inngining, utainaiit, anagnt, nancia andtcnica vic to copani and govnnt twod ov.

manufactuing ntpi uccd dawing ont intinic at of t counit to idntif andxpoit at nic. Vancouvit njont oft ountain and ocan a pud dvopnt ofa pfoanc and tcnica appa indut tat iconquing wod at. lading anufactu coto t gion i ot not jut fo an xcptionaoida, ut to cc out t att ga. expot offood and atd poduct a on t i, tan tot ftiit of t Fa Va and t aundancof aon and ot afood in t Pacic Ocan.

UNIVersITy-bUsINess

COllAbOrATION hAs GIVeNrIse TO ANy NUmber OFstart-upsAND sPIN OFFs

T i of ig tcnoog-ad induti a nad t gnc of goa coptitivcopani, aing t gion o to an uniqu,tcnoog-ad poduct, fo t a ud on

pac utt to sia Wi od to tupconducting quantu coput ing dvopd D Wav st Inc. hig coptitiv oca indutiwit goa putation incud can tcnoogi andpanning fo utainaiit, iotcnoog, digita diaand and TV poduction.

Vancouv innovation i uit on tong intitutionauppot. Ti incud puic cto invtnt in topquait ducation and ac, and ffctiv puic-pivatpatnip. T govnnt of Canada and bitiCouia povid ignicant uppot to pot-condaducation, tcnoog taining, ac and innovation.

Canada a on of t igt at of oadand andova intnt acc in t wod, and biti Couiaa t igt at in Canada.

Two outtanding univiti in Vancouv, t Univitof biti Couia and sion Fa Univitaongwit Wtn Canada ading potcnic (bitiCouia Intitut of Tcnoog) and nuoucounit cog, tcnoogica intitut andgovnnt ac cntcopnt titacing and ac xpti wit xcntintnationa inag and a coitnt to coaoationwit uin. Ti iiu ncouag pin-off

copani, tatup incuation, tcnoog icning andcociaization. Copani i Nuod, CadioPaacutica, Nxta eng and raina studiogw out of t gion coaoativ nvionnt.

BUSINESS & INVESTMENT GUIDE THINK VANCOUVER INNOVATION INCUBATOR JUNE 2008

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GreeN GrOWThAddressing climate

change while improving thebusiness climate.Vancouvit vica connction to t outdoo povida uniqu coptitiv advantag in a wod tuggingto da wit nvionnta iu. It no coincidnctat va goa poinnt nvionnta goup(incuding t David suzui Foundation) a ad inVancouv, tat UN haitat wa concivd at a Vancouvconfnc, o tat in 2008 biti Couia intoducdNot Aica t vnu-nuta caon tax, wic

addd ciat cang wi poviding quivanttax duction to duc t ipact on uin andconu.

Vancouv i waing t wa at a ti wn otNot Aican citi a ti taing t ta.Concn fo t nvionnt i ing tanfod tgion ntpnu into gn oution in dandt wod ov. Copani i baad Pow st(fu c tcnoog) and Wtpot Innovation (can-uning atnativ fu) a pion in utainatanpotation. Acitct and dign i hoand ba,bing To, Pt bu and hoton ba a cating

co-find uiding and couniti on v continnt.Uan pann i la ba a picating tVancouv od in citi a fa fo biti Couiaa houton, Duai, sao Paoo and Au Dai.

In t wod of acitctu and uan panning,Vancouvi a co otand foutaina uan dvopnt.

T gn initiativ a ing acivd witoutacicing t condition tat a t gion anincaing attactiv nvionnt fo invtnt.Govnnt dt-to-GDP v av n ignicantcut in cnt a, and individua and copoat taxat av n tadi ducd. An ongoing pogato n govnnt guation a idd a 40 pcnt duction in guato udn inc 2001.

WITh FeDerAl,PrOVINCIAl, reGIONAlAND CITy sUPPOrT,green initiatiVes areproliferating WhIlereGUlATOry bUrDeNs ArebeING eAseD

BUSINESS & INVESTMENT GUIDE THINK VANCOUVER GREEN GROWTH JUNE 2008

PhOTO:bUsbyPerkINs+WIll

PhOTO:WesleyreGAN.COm


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GlObAl GATeWAyThe global economy at your

doorstep.Tanpotation a awa n cnta to Vancouvpc. biti Couia agd to join Canada on inxcang fo a ai in to t cnt of t continnt.T cit dvopd aound t v pot w t ttancontinnta ai in t t Pacic coat. And itna oiaiz t t biti a captain to act aa.

bd wit on of t wod t natua dp-wataou, t ott ditanc to Aia of an ajo

Not Aican cit, and co poxiit to t U.s.,Vancouv wa dtind fo it founding in 1886 toco a intnationa tanpotation u. A goaconoic gowt cnt incaing on t Pacicri, t cit tanpotation at co v ovaua. And in an ag of intant goa counication,Vancouv i fotunat to in a ti zon tat aowacc to a t cnt of wod coc (london,Nw yo, hong kong) in a ing woing da.

A tan-Pacic tafc gow, Vancouv i invtingavi to axiiz t conoic oppotuniti. Tgovnnt of Canada and biti Couiatogt

wit Vancouv Fa Pot Autoit, Vancouvintnationa aipot (yVr), t giona tanit autoit,t t Ca 1 int-continnta aiwa tat vt pot, and ot pivat intta aitiouupgading t capacit and fcinc of Vancouv goagatwa. Tanpotation invtnt coitnt in tgion to dat tota ov $20 iion.

TrANsPOrTATIONINVesTmeNT COmmITmeNTs

IN The reGION TO DATeTOTAl OVer $20 billion

T Vancouv Fa Pot Autoit wa catd in 2008to ing togt t t pot autoiti and incagiona fcinc. Aad Not Aica ading pot inxpot tonnag, Vancouv xpct to tip contain ow 2020, wi iniizing nvionnta ipact.

Vancouv awad-winning aipot (and fout int wod in t 2007) i tan af an ou fodowntown. Infatuctu invtnt i daaticaxpanding capacit and incud a dict apid-tanitin to downtown. Cago anding i xpctd to dou 2020. yVr aipot a co a uti-oda u andditiution cnt, wit copani i UPs and Fdxopning ajo, innovativ faciiti.

Goa ogitic panning and fcint div tatgia puing dvopnt of a tong waouing andditiution indut in Vancouv a citica voutiona dand fo jut in ti ipping gow. Wit t

taining of cuto pocdu at t na U.s.od, t indut i xpctd to njo ong-t gowt

Vancouv wa a goa cit fo t t wa invntd.Goa int-connctivit a on infocd it div,uticutua natu. Coining indignou cutu,ongtanding ti to euop, and itoic ti to Aia,Vancouv odi uticutuai not a a oganut a pat of vda if. On of t wod adingtouit and cuina dtination, t cit i nownd fowod-ca cooing tat fu cutua ingdint andinunc wit oca oucing and utaina pactic.

Cutua ti and fai connction to ot counti,coind wit uin-find iigation poici,a Vancouv fti gound fo pofiona,intnationa ntpnu and copani tat povidvic aco cutu and nationa oundai. motan 70 counti aintain a conua pnc inVancouv, poviding intitutiona uppot fo t anfoign-ad tat do uin and ignaingVancouv tatu a a pot and an intnationauin cnt.

BUSINESS & INVESTMENT GUIDE THINK VANCOUVER GLOBAL GATEWAY JUNE 2008

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OUTsTANDINGOPPOrTUNITy

2010: A celebration of theregions role in the globaleconomy.In a 2010, att, dia, pono and pctatofo aound t wod wi gat in Vancouv, and att na apin ot of Wit, fo t Vancouv2010 Opic and Paapic Wint Ga. Ti vntwi ta t Vancouv and to o tan 3 iionpop aound t wod: a a wod-ca touit and

cationa dtination, to u, ut ao a a pacw innovativ and oucfu idnt, tvfo a ov t wod, coaoat to tag and ot agoa vnt.

T 2010 Ga wi owca Vancouv a a pacw ading intnationa uin wo togtto intoduc nw tcnoogi in aa uc ainfatuctu, at, utainaiit, infoation andcounication. A a pac w natua aut andcoopoitan iving co-xit in a utaina aanc. A apac w t pant ciat and t uin ciata ot pctd. In ot, a an ging 21t cntugoa uin cnt.

T conoic activit gnatd t 2010 Wint Gaan tat now i t ida ti to tai o xpanda uin pnc in Vancouv - t 2010 CocCnt in downtown Vancouv i aad u gnatingda. T conoic ipact of t Ga, and of tinfatuctu invtnt t av tiggd, wi atw ond t owing of t Opic Fag. T expo86 wod fai ougt Vancouv goa cognition anda utaind conoic oo. T 2010 Ga wi av aiia ffct, ut on an xponntia ca.

T Ga wi av ot poitiv ong-t ffct aw. T wi t ot utaina Ga v. Avait of ocia, at, aatu pot and ot gacia aad w advancd. biti Couia a faiondgound-aing agnt on conoic coaoationwit ot in t it fatnit of ot citi,incuding bijing and london. And Vancouv-aauin a aad adviing t ot cit of t 2014Wint Opicsoci, ruiaon ow to axiiz itoppotunit.

2010 Winter games by thenumbersers

17: days of Olympic Games events(February 12 to 28, 2010)

10: days of Paralympic Games events(March 12 21, 2010)

5,500: projected number of Olympic Games athletesand ofcials

1,350: projected number of Paralympic Gamesathletes & ofcials

80+: countries participating in Olympic Winter Games

40+: countries participating in Paralympic WinterGames

10,000: number of media representatives coveringthe Games on site

250,000+: projected number of visitors to theregion

3 billion+: number of worldwide televisionviewers of the Games

ev ffot a n ad to nu tat t infoation in ti docunt iaccuat and cunt to ma 1, 2008, owv, nit t Cit of Vancouv not Vancouv econoic Dvopnt Coiion accpt an iaiit fo actiontan ad on ti atia.

BUSINESS & INVESTMENT GUIDE THINK VANCOUVER OUTSTANDING OPPORTUNITY JUNE 2008

PhOTO:CITyOFVANCOUVer


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The complete VEDC Business & Investment Guide is available in PDF format on our website atwww.vancouvereconomic.com. To request the guide in book format ($25) please phone 1-866-632-9668.

VEDC: YOURBUSINESS LINKThe Vancouver EconomicDevelopment Commission(VEDC) connects local andinternational businesses inthe city of Vancouver.VEDC works o srenen e econoy o e ciy o

Vncouver by elin exisin businesses, rcin newbusinesses, resercin business issues nd kinolicy recoendions.

I works closely wi eleced ocils, e consulr cors,nd relevn derens o ll levels o overnen. Ilinks direcly wi eer ornizions in e reion, brod-bsed nd secor-secic indusry ssociions nd enicbusiness rous. I lso enes reulrly wi os-secondry nd ecnoloy insiuions, lel, rel esend business services roessionls, nd oers wosework ecs econoic develoen o e reion.

VEDC IS thE CItY OfVaNCOUVERS ECONOmICDEVELOpmENt agENCY, LEDBY a VOLUNtEER BOaRD OfSENIOR BUSINESS LEaDERS

te urose o ese civiies is o brin e besossible inorion o conies nd enrereneurs

ineresed in business develoen in e ciy. Services recoreensive, condenil nd ree o cliens.

VEDC lso serves s e voice o business o VncouversCiy hll, kin recoendions o e Ciy on wyso irove e business clie nd ke Vncouverore rcive o business ro round e lobe. Inle 2007, VEDC delivered reor o Ciy Council on eciys business clie, bsed on inu ro e businesscouniy.

Helping your business grow...naturally.

VEDCs econoic develoen civiies re bsed onuidin rinciles roved by e Ciy o Vncouver. (seewww.vncouvereconoic.co/e/uidin-rinciles)

Services o el locl businesses nd enrereneursinclude:

Sg sss Vv

VEDC cn uide you o e resources necessry osuccessully sr or reloce business in e ciy oVncouver, includin:

proles o Vncouver nd is business disrics

anlysis o Vncouvers econoy nd business clie

Sr-u, exnsion nd relocion services

Business licences, eris nd Ciy reulions

Gwg y sss Vv

VEDC rovides ccess o e eole, ools nd services o

ke your business ecien, susinble nd roble,includin:

Workin wi Ciy hll

Business develoen nd rkein

Sonsorsi nd even ooruniies

Indusry dvoccy nd suor

Wkg wh sss dss

Vncouver is ciy o business disrics, ec wi isown crcer, key indusries nd locl cusoers.

BUSINESS & INVESTMENT GUIDE VEDC: YOUR BUSINESS LINK

VANCOUVER ECONOMIC

DEVELOPMENT COMMISSIONSuite 1620, 1075 West Georgia Street

Vancouver, BC Canada V6E 3C9

Tel: 1-866-632-9668

www.vancouvereconomic.com

phOtO:WESLEYREgaN.COm

JUNE 2008


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mny disrics ve business iroveen res (BIas) rooe e disric rou evens, sree-sceiroveens nd oer rors.

VEDC works wi BIas on vriey o rors, includinroles or ec BIa nd is surroundin couniy.

VEDC SERVES aS thEVOICE Of BUSINESS tOVaNCOUVERS CItY haLL

HelpinG buSineSSeS locate in VancouVer

VEDC rkes e ciy o Vncouvers sreic locion,enrereneuril siri, coeiive dvnes, ro-business clie nd ousndin liesyle cross Cndnd round e world. VEDC connecs inernionlbusinesses o Vncouver, elin e se u, succeednd row.

em dvm m

VEDC works o esblis e ciy o Vncouver s eworldwide locion o coice or reed indusriesrou:

mrkein nd ourec

Collborion wi indusry ssociions o rooebusiness ooruniies in Vncouver

Sonsorsi nd riciion in indusry evens ndciviies

bsss a

VEDC rovides individul conies nd enrereneurswi invesen nd business suor rou:

Sulyin cusoized d nd inellience on businessnd econoic condiions, s well s inorion on ecouniy, is liesyle nd eniies

Conducin ilirizion ours

providin ssisnce in ddressin sie selecion,business reisrion, iirion, xion ndreulory issues

providin connecion nd inroducion o key Vncouverbusiness resources: locl conies, indusryssociions, relevn overnen encies nd oerciliors

img sss dgs

VEDC suors deleions rou:

presenions on locl business ooruniies

arrnin inorion eeins, cony inroducionsnd rojec ours

providin ckin services

reGional collaboration

VEDC collbores wi oer uniciliies in e reionrou mero Vncouver Coerce, veicle o rooeeconoic develoen reion-wide.

VEDCs rners in mero Vncouver Coerce re:

citY oF ricHMonD

www.ricond.c

citY oF SurreY

www.surrey.c

citY oF neW WeStMinSter

www.ciy.new-wesinser.bc.cDiStrict oF nortH VancouVer

www.disric.nor-vn.bc.c

citY oF nortH VancouVer

www.cnv.or

for ore inorion bou e civiies o VEDC ndmero Vncouver Coerce, or o ccess our services cll1-800-632-9688 or eil us :[email protected].

Every eor s been de o ensure e inorion in is docuen isccure nd curren o my 1, 2008, owever, neier e Ciy o Vncouver nore Vncouver Econoic Develoen Coission cces ny libiliy or cionsken bsed on is eril.

phOtO:tOURISmV

aNCOUVER/ROBERtKEN

t

BUSINESS & INVESTMENT GUIDE VEDC: YOUR BUSINESS LINK JUNE 2008


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EconomicprofilE

VANCOUVER HAS A DYNAMIC, HIGHLY

DIVERSIFIED URBAN ECONOMY WITH

GROWING KNOWLEDGE-BASED SECTORS

AND STRONG GLOBAL LINKAGES.


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BUSINESS & INVESTMENT GUIDE ECONOMIC PROFILE JUNE 2008

*thE EconomistintElligEncE UnitrankEd VancoUVEr

thE worlds mostliVablE city in 2006

Physical characteristics

gee Vuve, u 2.1 , c eu e. le b cu,c ee ve, e eve e 2,900 que ee,ee e p oe e e,e Us e e u, e ve e fe rve e e e

c mu e . see,w 226 e u, ec, ae 975 e e.Vuve ee ve e e u.

te E ieee U eVuve e ve 2006. te mee gu 2007 Qu lv suve e Vuve 215 ee, n ae.

Government

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te Vuve e, e c Vuve 20 e ue, u e b cu u e uu. ae-e u, me Vuve, e e u, ee ee, e e, e ve. E eveeve e e e e e u e evee ee

me Vuve cee.

te c Vuve e e u ee e u e v. te e evee e, e VuveE devee c (VEdc), uee me Vuve cee, e me Vuve cee ve. te ue e e ee e e eve e e b cu.

Business climate

Canada

c e e ee

vue ue e. c 2008 buee:

c u e , ueee 33 e e e cue ee e .

hue e e e e e .

te e e veee eee; e ee oEcd eeue c ve e e g7 2008.

c e e e ve 20 ee e 2001.

te ee e e ee eue 37.8 e e 1980 15 e e 2012.c ve e e e e uevee e g7 2011, ve e eu e e g7 2012.

te ee e--gdp ue 25 e e 2011/12, e e e e 1970.

vienna

3.toronto

5.

VANCOUVER1.

WorlDs most livaBle city*

melBourne

2.

Perth

4.

7.siDney

6.aDelaiDe

10.zurich

8.coPenhaGen

9.Geneva

photo:istockphoto/Vo

lodymyrkyrylyUk


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te 2008 kpmg ceve aeve u uc e e ue e g7. i ee g7 uu, e r&d .

kpmg e c e g7

ee e, e eu e eeue. c e e g7 eve e eveee. c e e g7 ee e-ue.

thE b.c. goVErnmEnt is anorth amErican lEadErin thE UsE of pUblic-priVatE partnErshipsBritish Columbia

b cu e ue ue c, ue e e vue c ve.

a e 2008 bue, e gvee bcu e e ee e eve eve e ve.

te ee e e e ee eue 16.5 e e 2000 10 e e 2011. tee

ee eu, eu eee v e 25 e e 2012 e e e vee Us e 35 e e. te ue e ee eue 3.5 e e e ue eu 2.5 e e 2011.

te e e ue e eeee $400,000. bue ue bcu e e e ee nae.

a ue e e eu ve ee ee, u e e , e eu b cu e e e e c e u $111,000.

t e e e e e

e u u c o.

oe ee eu ue e e ee e u 2010.

te b.c. vee e u ee. a e ue eque e pve e e 2007/8 e ueuve ue uu. i uee gdp e 21.3 e e 2002/3 ee 14.1 e e 2007/8 eee e e 14 e e uue e. te b.c.

vee e e e e m s & p.

te b.c. vee n ae ee e ue u-ve e (ppp) eveu-ue uue. ppp e e vee e ve e u e eeee, uee eve e eeuee. au $4.7 ppp e eee ue u, e $2.7 e e eve ee e.me 20 ppp e ve ee, e eue e, evee e ue.

b cu - e ez e eu e e v e u, e e e uee. se e e 2001, euue ve ee eue ve 40 e e.

b cu ee eze nae ee v eve ute b.c. vee eze veue e ee -e u

photo:sEa-to-skyhighwayimproVEmEntprojEct

CITY REGION

AREA (SQ. KM): 115 2877

POPULATION (2006): 578,041 2,116,581

POPULATION PER SQ. KM: 5,039 736

PRIVATE DWELLINGS (2006): 273,804 870,992

DWELLINGS PER SQ. KM: 2381 303

Source: Statistics Canada 2006 Census


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ue, u e e, e e

eu vee. i 2008 bue ue e e eve e e ,e eu ghg e 33 e e e2007 eve 2020. a e eee e eveueeu , e $10 e e e 2008, $30 e e 2012. te e e e eu, e e ue vu e e ze.

te u e e ee ve, u eve eu ee ee ue; ee u ee ee-ee ee;

e e e ee; ee; e e e eee.

City of Vancouver

te c Vuve ee ue e Vuvece, ue e b.c. vee. sue ee e ce, e c e eveue, ue e.

te c 2006 au fre e eveue

u ve $1 , 48 e e ee 43 ee ue ee evee. pe e eeve ue e vue ee pve. te 2007 eue u 2.5 e e ee vue e ee.

s ve e e e e ue c; e ee u e , e ve.

ne c e u e e 2006 ue e $730 e . Ee vee, c e 10 e e. te ce e a e . t e ve ee $35 2002 $22 2006 (2.21 ee e eve).

te c e eevee, ue gu pe e 2006. te c me Vuve ve e u eve u , ee e e b.c. vee.

bUsinEss tax bUrdEnsin british colUmbiaarE among thE lowEstanywhErE in northamErica

DemoGraPhics

te e u ee u 1.3 ee u ee e; ee e eee ue ve e e ee, e ue 3 2030. we e uuue e e , e Vuve ue ee e u .

w e u e u ee, u ve . c b.c. vee eeue ee ue ee-ee . i u 40 ee e e u.

photo:istockphoto/chrisschmidt


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t e vu ve

Vuve ee vee u , e e.

i c e e eue: e eee 2001 2006, uveeee. a e vu, u e eee ve 40 ee e eee. i e , ve,ue ve c.

a e oEcd, c e e ee e 25-64 ee uve ee oEcd ue.

gee Vuve u ee eue ec vee. a e 2006 ceu, 31 ee e e u uve eee(c vee: 23 e e) u 57 e e uve ee eu (c vee: 48 ee).

w , uVuve ve vee u v

ue uu u. me 40 e e e e u eu e ue e E fe e.cee, m, e cee e pue e e ue -E ue. ae e E e e ue,u e 6 e e e e e e u ue e E fe.

economic structure

ove e que eu, Vuve e eeee uu e. Vuvee e e evve eveee e ve eue e u ee , u-ee ee ve eee e e e ee a p. te e

vee e ee u ue ee-ee.

a e e,e v eve

e u u e ee . re e, ee,e e 11 e e e e e, eee eveu 9.3 e e. a- u e e e 5.1 e e 2001 6.4 e e 2006.


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a e-ee e:

te eve vee uue e 98,000 ee, 8.5 e e ee. au e e e e e, uu

e e e. m e e ee e u.

te u e eee 8 e e e eve e e c e.

te e, e e evee e 76,000 ee, ee e e e e ee, uee eue ue, eee u.

te , eee ee u, e e /tV/u u e ee e c e.

te eve e e ee e c e eet.

Vuve e e eve eve (5.7 e e) ee e u.

VancoUVEr and britishcolUmbia arE EnjoyingonE of thE strongEstEconomic Expansions onrEcord

economic Performance

Vuve b cu e e e e e e e e. ove e ve e, e v e e

ue e c e.

l e, e ve, ee e e e gee Vuve e, e ue ue e e. tee ee eee e eee b cu e ee e v e e. a e , eve ue e, a p e ee, e e Vuve 2010 o

p we ge, e , eve vee u, vee e e ve ee ue e ve u.

te e e.

ae , b cu veee vee e e.i , b.c. ve ee eeeve vee e e qu e c e eee ee e ve.

a e 2006 ceu, ee geeVuve ee 1.1 2006, 11 ee 2001. t e e eeve e evu 5-e e e e e

c ee e ee.

Vuve uee e ue e. a u 4 e e e e ve-e e e e e uee e.

cost comParisons

kpmg cu ee eee 2008 ue 10 ue (au, c, fe,ge, i, j, me, e nee, Uek, Ue se), 136 e eue (ee .eveeve.) e ee:

c, e U.s. au ve e vue ee uzeue, e 1 e e eee ee ue.

se 2006, c e u eve Eue ue.

se u e 3.5 e e e c e U.s., e r&d e 3.7 ee e.

Eeve e e e e e e e e nee, c

e U.k.c e e e u e e.

ce e wee e n ae,Vuve e e ue. bue Vuve e e e esee, s de, s je l Ve.

Every effort has been made to ensure that the information in this document is accurate and

current to May 1, 2008, however, neither the City of Vancouver nor the Vancouver Economic

Development Commission accepts any liability for actions taken based on this material.


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sector

profiles

THE ELEVEN INDUSTRIES PROFILED IN

THE FOLLOWING PAGES ARE EXAMPLES OF

VANCOUVERS MANY INTERNATIONALLY

COMPETITIVE SECTORS.


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BUSINESS & INVESTMENT GUIDE KEY SECTORS DIGITAL MEDIA JUNE 2008


DIGITAL MEDIAVancuve has the efect

ecsystem f a thvng dgtameda ndusty: utstandngeseach and educatna assetsn scence, techngy anddesgn, and a stng base fatstc and ceatve emyees.

Industry snapshotBtsh Cumba has me than 600 dgta medacmanes, hch emy abut 16,000 ee and

geneate $2.3 bn n annua saes. Geate Vancuveaccunts f me than 60 e cent f the dgta medacmanes n the vnce.

Dgta meda cmanes cuenty eate n ve aeas:nteactve desgn; dgta entetanment and games;dgta m, anmatn and seca effects; mbe cntentand acatns ncudng games; andE-eanng. By 2010, ducts deveed by Vancuvesdgta sects mact many sects f exame,heath cae, educatn and mtay actvtes asactca acatns and tanng ts, and as nextgeneatn techngy nnvatns.

Vancuve has ne f the t vde game custesn the d, th esence fm maj ubshesncudng EA (Eectnc Ats), Nntend, THQ, Vvend/Actvsn, Dsney and Mcsft.

Eectnc Ats stud n Vancuve s the agest f tsknd n the d.

Dgta Meda has a stng symbtc eatnsh ththe estabshed m and TV sect, makng Vancuve aceatve fce n Nth Ameca.

CompetItIve advantagesVancuve s acked th ceatve and gna mnds, anddgta meda cmanes cte access t a vast taent as a t easn f dng busness n Vancuve.A teant and ecmng atttude tads the cutues,ethnctes and festyes das taented ndvduas andgbay-ented cmanes t Vancuve fm a vethe d.

Vancuves dntn, enned f a unque bend fesdenta, cmmeca, ats and cutua sace, s the

efect envnment f dgta meda - a cabatve

cnuence f scence, techngy and at. Thty ecent f the ctys dgta meda cmanes ae catedn Vancuves busness ce, esutng n a hgh ate fstategc eatnshs and ucatve atneshs. Mstf the vnces dgta meda cmanes ae actveynvved n cabatve ventues and atneshs thU.S. and the fegn ubshes.

BriTiSH ColUMBiA HASMorE THAN 600 DiGiTAl

MEDiA CoMpANiES, wHiCHGENErATE $2.3 BillioN iNANNUAl SAlES

A f Vancuves maj st-secnday nsttutns aeengaged n dgta meda, vdng utstandng factes,tanng and eseach sevces t the vate sect. Funsttutns ecenty estabshed tgethe a ne catnf dgta meda studes, the Geat Nthen way Camus.The camus ffes a Mastes degee that eaedgta meda fessnas th advanced sks andctca management tanng.

Vancuve s gegahcay stned t eveageeatnshs th l.A.s entetanment hub, sftaecentes n Seatte and redmnd, washngtn, and stngmakets f sevces n Asa.

InCentIvesThe Gvenment f Btsh Cumbas Ne Meda TaxCedt s a 30 e cent nn-efundabe ncme tax cedtf ventue cata catns nvestng n egbe dgtameda busnesses.

pHoTo:2008JUpiTEriMAGESCorporATioN


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BUSINESS & INVESTMENT GUIDE KEY SECTORS DIGITAL MEDIA JUNE 2008


Eay-stage ventues ae as egbe f sut fm theB.C. gvenments $90 mn B.C. renassance CataFund.

The B.C. gvenment as ffes a 25 e cent efundabetax cedt f Canadan ntenatna m and teevsnductn cmanes that ncu egbe abu csts nB.C. labu csts f dgta anmatn and vsua effectseceve a 15 e cent cedt. recent catns dnt have t be Canadan-ned, have an nteest n thecyght. Enhanced cedts ae avaabe f B.C.-nedand cnted cmanes.

resourCe organIzatIons

>B.C. Filmwww.bcl.bc.cNn-t that admnstes B.C. m cedts and vdes sut f thedevement and maketng f m, TV and dgta meda ducts fm

B.C.

>B.C. Innovation Councilwww.bcic.cCn Agency that fstes nnvatn and cmmecazatn, natnesh th gvenment, ndusty and academa.

>B.C. Ministry of Economic Developmentwww.ibc.cwww.qicil..bc.cpvnca gvenment deatment that mtes cmmece and nvestmentn B.C. and admnstes B.C.s ventue cata gams.

>B.C. Technology Industry Association (BCTIA)www.bci.Nn-t ganzatn that suts the gth f B.C.s techngy

ndusty thugh a vaety f gams and ntatves.>Centre for Digital Media at Great Northern Way Campuswww.wc.c/patnesh beteen fu nsttutns: Btsh Cumba insttutef Techngy, Emy Ca insttute f At + Desgn, Smn FaseUnvesty and the Unvesty f Btsh Cumba. The Cente ffes annnvatve, fessna Mastes f Dgta Meda degee ecgnzed andaccedted by each f the atcatng nsttutns.

>International Game Developers Association Vancouverwww.i./clca asscatn f vde game devees, afated th thentenatna vde game ndusty asscatn.

>Intersections Digital Studios Emily Carr Institute of Art + Designwww.ci.c/c/iNe $5 mn eseach facty and stud hee students andfessnas cabate n ntedscnay jects.

>Mobile Musewww.bil.clca netk f sma and age cmanes, ndusty asscatns,cmmunty ganzatns and academc nsttutns engaged n thedevement f mbe meda.

>New Media BCwww.wibc.cVancuve-based dgta meda ndusty asscatn.

>SIGGRAPH International, Vancouver Chapterwww.i.cVancuve Chate f the Seca inteest Gu f Cmute Gahcsf the Asscatn f Cmutng Machney (ACM). SiGGrApHs 2011cnfeence be hed n Vancuve, ts st cnfeence utsde theU.S. ove 24,000 attendees fm aund the d ae exected.

>Simon Fraser University School for Interactive Arts and Technologywww.i.f.cSch ffeng undegaduate and gaduate degees n dgta meda; tas cnducts ntedscnay eseach that das n scence, at anddesgn.

>Telelm Canadawww.ll.c.cCanadan gvenment cutua agency th a Vancuve fce thatvdes the m, TV and dgta meda ndustes th nanca, stategcand dstbutn sut f ducts that eect Canadan scety.

>University of British ColumbiaMedia Graphics and Interdisciplinary Centrewww.ic.bc.creseach abaty that cnducts eseach n the nteactn f ee

th dgta meda.

>Vancouver Film Schoolwww.f.cpvate sch ffeng ne-yea vcatna gams n anmatn, dgtadesgn, game desgn, sund desgn and tng.

>Vancouver Institute of Media Arts (VanArts)www..cinsttute ffeng ndusty-based dma and cetcate gams nanmatn, gamng and vsua effects.

>VIDFESTwww.if.cVancuves ntenatna dgta meda festva and Canadas agestdgta meda event.





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BUSINESS & INVESTMENT GUIDE KEY SECTORS EDUCATION JUNE 2008


EDUCATIONVancuvers high-uality

eucatinal institutins, culturaliversity an enviable lifestylehave earne it an utstaningreputatin in internatinaleucatin, at the pst-secnaryan K-12 levels, as well as inEnglish language stuies.

Industry snapshot

Vancuver an British Clumbia are recgnize natinallyan internatinally fr excellence in eucatin, attractingabut 150,000 internatinal stuents annually, themajrity f them stuying in the Vancuver regin.

Canaa ranks rst in G7 cuntries in high schlscience scres, an secn in eucatinal attainmentan expenitures.

The University f British Clumbia (UBC) is regularlyranke amng the tp 50 universities wrlwie invarius internatinal publicatins in 2007 UBC place33r in the Times Higher Eucatin rankings an 36th

in rankings by Shanghais Jia Tng University.

Macleans magazines latest ranking f Canaianuniversities rate Simn Fraser University (SFU)tp amng mi-size institutins fr meical anscience grants, faculty awars, an scial science anhumanities grants. The university place secn frverall acaemic excellence.

British Clumbia was the rst prvince in Canaa taccept internatinal stuents in the public K-12 system(10,000 K-12 internatinal stuents in 2006-2007).

In aitin t tw majr research universities, GreaterVancuver has an array f utstaning eucatinalinstitutins, incluing the secn-largest K-12 schlsystem in B.C., the prvinces nly plytechnic institute,abut 20 public an private clleges an institutesffering pst-secnary ualicatins, an a chrt fprivate language an career training schls cateringt the immigrant ppulatin. Abut eight per cent fthe wrkfrce is in the eucatin sectr; teachers anprfessrs make up the thir-largest ccupatin grup inthe city.

Eucatin in Vancuver is truly internatinal. Mre than40 per cent f the ppulatin has a mther tngue therthan English r French, an public schl stuents speak57 uniue languages.

CompetItIve advantagesAbut ne-thir f all internatinal stuents in Canaachse t stuy in B.C. Internatinal stuents cmet Vancuver an B.C. fr a superir eucatin that isaffrable relative t cmpeting jurisictins. In aitin,the regins uality f life is well knwn internatinally,as is the citys iyllic setting. The living envirnmentis safe an inclusive, with uality health care, scial

services an public eucatin.

Relative t the U.S., immigratin prcesses are easy tnavigate fr stuents, an recent changes in regulatinshave mae it easier fr internatinal stuents t wrk inB.C. fllwing cmpletin f their stuies.

Eucatinal institutins have leverage Vancuversiversity t buil strng multicultural an internatinallinkages an prgrams. These linkages benet lcalbusinesses by strengthening their access t freignlanguage skills, freign business practices, verseastalent an ptential business partners.

British Clumbias public K-12 schls have beenaccepting internatinal stuents fr 25 years an fferan array f prgrams high schl matriculatin;single-semester; shrt-term, intensive Englishcurses; an special prgrams fr elementary-levelinternatinal stuents.

Bth UBC an SFU have extensive linkages t peeruniversities in Asia Pacic cuntries an elsewhere.

PHoTo:VANCoUVER

FILMS

CHooL


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Vancuvers B.C. Institute f Technlgy is hme t therst Cnfucius Institute in Canaa - a partnership withChina t facilitate knwlege f Chinese culture anlanguage in British Clumbia.

Mre than 30 private language schls perate inVancuver, many f them in the wntwn cre,fcusing primarily n English as a secn languageinstructin.

Fifty-eight private vcatinal an career-traininginstitutins perate in Vancuver, with clse t 50,000enrllments.

British Clumbias clleges an universities perate avariety f prgrams verseas, generating $2 billin inrevenue annually.

The University f British Clumbia an Simn FraserUniversity ffer wrl-class expertise an facilities frapplie research an iscvery:

UBC became the rst Canaian university t generatemre than $100 millin in cumulative licensing revenuefrm the sale f technlgies an spin-ff cmpanies.

SFU has create mre than 70 spin-ff cmpanies.

Fur pst-secnary institutins in Vancuver havecme tgether t create Great Nrthern Way Campus,a cllabrative partnership with inustry t evelp,

test an eply new meia an sustainability-relatetechnlgies.

oVER 40% oF THEPoPULATIoN HAS A MoTHERToNGUE oTHER THANENGLISH oR FRENCH,ANd PUBLIC SCHooLSTUdENTS SPEAK 57 UNIqUELANGUAGES

InCentIvesThe Gvernment f British Clumbia is the biggest investrin eucatin in the prvince an is spening an aitinal$1 billin annually t a 25,000 new seats at clleges anuniversities by 2010 abut 5,000 f them in Vancuver.An aitinal 650 grauate stuent places are als beingfune.


> B.C. Career Colleges Associationwww.bccc.corganizatin f private sectr pst-secnary eucatin suppliers.

> B.C. Centre for International Educationwww.bcci.bc.cNn-prt that prmtes internatinal eucatin.

> B.C. College Presidentswww.cbccll.corganizatin t avance the interests f B.C. clleges.

> B.C. Electronic Library Networkwww.l.bc.c

A partnership f the B.C. gvernment an pst-secnary libraries.Base at SFU, it facilitates access t infrmatin fr learners aneucatrs thrughut B.C.

> B.C. Institute of Technologywww.bci.cFull-time stuents 16,000; part-time 32,000. Western Canaas premierplytechnic institute, ffering egree an certicate prgrams in a varietyf els, incluing transprtatin, igital meia, cnstructin, healthsciences an natural resurces.

> Canadian Association of Private Language Schoolswww.cl.cVancuver-base natinal assciatin f private English an Frenchlanguage schls, representing mre than 100 schls acrss Canaa.

> Centre for Policy Studies in Higher Education and Trainingwww.c.c.bc.cCentre fr plicy research n eucatinal issues.

> Emily Carr Institute of Art + Designwww.ci.cStuents: 1,600. one f B.C.s lest clleges an ne f Canaasleaing arts institutins, ffering unergrauate an grauate prgramsin visual arts, meia arts an esign.

> Government of British Columbia

B.C. mii f ac eciwww.llibc.c

PHoTo:SIMoNF

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UNIVERSITY


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B.C. mii f eci (K-12)www..bc.c/bc

B.C. mii f ecic dlwww.ibc.c

> International Public School Education Association of B.C.www.ibc.

Assciatin f public schl istricts in B.C. that accept internatinalstuents.

> Langara Collegewww.l.bc.cFull an part time stuents: 23,000. Cllege ffering Bachelrs,Assciate, diplma an Certicates stuies in creative an applie arts,health an human services, liberal arts an languages, managementan business, science an technlgy, an scial an cultural stuies.

> Learning Cities Initiative Canadian Council on Learningwww.ccl-cc.cA jint initiative f the City f Vancuver an the Canaian Cuncil nLearning t evelp a cmmunity lifelng learning strategy fr the city.

> Private Career Training Institutions Agency of British Columbia

www.ci.bc.cAgency authrize by the B.C. Ministry f Eucatin t versee privatecareer-training institutins.

> Simon Fraser University (SFU)www.f.cFull time stuents: 24,000. A public research university with threecampuses in Greater Vancuver, incluing ne in the city f Vancuversbusiness cre.

> University of British Columbia (UBC)www.bc.cFull-time stuents: 44,000. A majrecnmic engine in Vancuver, generating nearly 40,000 jbs an makingan estimate lcal ecnmic impact f $6.3 billin.

> University Presidents Council of B.C.www.c.bc.corganizatin t prvie leaership in the evelpment f the publicuniversity system.

> Vancouver Community Collegewww.cc.cFull time stuents: 25,000. The cllege ffers general an specializeeucatin in key inustry prfessins, incluing health, technlgy anbusiness, as well as English as a secn language an life-lng learning.

> Vancouver School Board (Public K-12 School District)www.b.bc.cFull time stuents: 56,000; cntinuing eucatin 44,000. The secnlargest public schl system in B.C., perating 91 elementary schls, 18secnary schls an seven ault eucatin centres.





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BUSINESS & INVESTMENT GUIDE KEY SECTORS fIlM & TElEVISION pRODUCTION JUNE 2008

The comete VEDC Business & Investment Guide is avaiabe in pDf ormat on our website at:www.vancouvereconomic.com. To request the guide in book ormat ($25) ease hone 1-866-632-9668.

FILM &

TELEVISION

PRODUCTIONVancouver is the core of thethird-largest foreign lm androduction centre in NorthAmerica, known worldwide asHollywood North.

Industry snapshotBritish Columbia accounts for about 60 er cent of allforeign location lm and TV roduction in Canada. Filmmakers have been attracted by B.C.s natural beauty sincethe late 19thcentury. Major studios were develoed inGreater Vancouver in the late 1980s, and the Governmentof British Columbia started roviding assistance tothe industry in 1998. Total direct and indirect full timeequivalent jobs generated by lm and TV roduction in B.C.are estimated at over 36,000.

Total sending on lm and TV roduction in B.C.amounted to nearly $950 million in 2007. The industryhas a strong balance of international and domesticroduction activity. Domestic roductions have increasedsignicantly in recent years and now account for 40 ercent of totallocal sending.

The Vancouver region is home to most of B.C.s roductionand ost-roduction activities, with sufcient caacityto suort the biggest Hollywood movies in casting, set-building, location lming, and audio and secial effects.Vancouver is home to some of North Americas mostexansive and sohisticated studio saces and facilities,

including over 200,000 square feet of warehouse conversionstages, and numerous FX and sound stages.

CompetItIve advantagesVancouvers main advantage is the exertise and talentit has develoed during the last two decades. It is nowcaable of handling every asect of roduction for fortyrojects simultaneously. The resources available inVancouver have been created by a high level of activity,combined with a world-class educational infrastructurethat offers dozens of rograms on all asects of lm and

TV develoment, roduction, marketing and distribution.An exerienced and committed local crew base of 30,000delivers services at the level of their counterarts inHollywood.

Vancouver has the benet of being near Hollywoodand sharing the same time zone. It also offers a highlyversatile hysical setting the New York Times oncecalled it the city that can substitute for all of America.

In addition to excellent studio facilities, Vancouver hasvery strong caabilities in ost-roduction. It is home to anumber of comanies that have created state-of-the-art,

award winning visual effects. Vancouvers strong digitalmedia sector is a major asset that willbe increasingly imortant aslm/TV and digital media continue to blend.

Suort and collaboration among a network ofgovernment agencies, industry associations, festivals andawards, and rofessional organizations is a key element inthe industrys success.

InCentIvesThe B.C. government offers a 25 er cent refundable taxcredit for Canadian or international lm and television

roduction comanies that incur eligible labour costs inB.C. Labour costs for digital animation and visual effectsreceive a 15 er cent credit. Reciient cororations donot have to be Canadian-owned, or have an interest in thecoyright. Enhanced credits are available for B.C.-ownedand controlled comanies.

The Government of Canada rovides tax credits forqualied foreign lm and video roduction, amountingto 16 er cent of Canadian labour costs, through theCanadian Audio-Visual Certication Ofce.

pHOTO:ISTOCKpHOTO/JEFFGINIEWICZ


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BUSINESS & INVESTMENT GUIDE KEY SECTORS fIlM & TElEVISION pRODUCTION JUNE 2008

The comete VEDC Business & Investment Guide is avaiabe in pDf ormat on our website at:www.vancouvereconomic.com. To request the guide in book ormat ($25) ease hone 1-866-632-9668.

The International Financial Centre offers refunds ofrovincial cororate income taxes to rms ermanentlyestablished in B.C. that ursue qualied internationalnancial activities such as lm distribution.


> B.C. Arts Council

www.bcccil.cprovincial government agency that suorts arts and culture and makesawards.

> B.C. Film Commission

www.bclcii.cprovincial government agency that romotes the interests of B.C.s lmand roduction industry worldwide.

> B.C. Film

www.bcl.bc.cNon-rot that administers B.C. lm credits and rovides suort forthe develoment and marketing of lm, TV and digital media roductsfrom B.C.

> B.C. Institute of Film Professionals

www.bcif.cNon-rot that brings together lm rofessionals from the rivate,ublicand educational sectors, focusing on training and human resourceissues.

> B.C. Ministry of Economic Development

www.ibc.cwww.qicil..bc.cprovincial government deartment that romotes commerce andinvestment in B.C. and administers B.C.s venture caital rograms.

> Canadian Audio-Visual Certication Ofce

www.c.c.c/ccOfce in the Canadian Government Deartment of Canadian Heritage

that rovides suort for lm/TV roduction.

> Cineworks

www.ciwk.cproduction cooerative that rovides members with equiment,information and suort to make indeendent movies.

> City of Vancouver Film Ofce

[email protected] deartment that assists with ermits and information regardinglming in the City of Vancouver.

> FTXWestDigital Entertainment Exhibition and Conference

www.fxw.cAnnual exhibition and conference focusing on the latest technology inlm, TV and digital media.

> International Financial Centre

www.ifcbc.cNon-rot society that romotes B.C. as a centre for internationalnancial activity.

> Motion Picture Production Association of B.C.

www.i.cIndustry association for lm, television and commercial roduction.

> New Media BC

www.wibc.cIndustry association for digital media comanies.

> SIGGRAPH International, Vancouver Chapter

www.i.cVancouver Chater of the Secial Interest Grou for Comuter Grahicsof the Association for Comuting Machinery (ACM). SIGGRApHs 2011conference will be held in Vancouver, its rst conference outside the U.S.Over 24,000 attendees from around the world are exected.

> Telelm Canada

www.ll.c.cCanadian government cultural agency with a Vancouver ofce thatrovides the lm, TV and digital media industries with nancial, strategicand distribution suort for roducts that reect Canadian society.

> Vancouver Asian Film Festival

www.ff.Event for Asian lm makers to showcase their work to Asian and non-Asian audiences in North America.

> Vancouver International Film Festival

www.iff.Highly successful annual lm festival that attracts 150,000 eole toabout 600 screenings of lms from 50 countries each year.




pHOTO:ISTOCKpHOTO/HAIDERYOUSUF


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BUSINESS & INVESTMENT GUIDE KEY SECTORS fINaNCIal SERVICES JUNE 2008

The compete VEDC Business & Investment Guide is vibe in PDf ormt on our website t:www.vncouvereconomic.com. To request the guide in book ormt ($25) pese phone 1-866-632-9668.

FINANCIAL

SERVICESVancouve has a ivesieeconoy, gowing businessties with Asia, an inceasinglyfavouable ta policies ieal fonancial sevices s to thive.

Industry snapshotFinancial sevices copanies eploy oe than 55,000people in Geate Vancouve. This wokfoce is highly

eucate an loyal, with elatively low tunove ue toVancouves quality of life. The inusty geneates onenew job in othe sectos fo evey new job in the nancialsevices secto.

Financial sevices state as a citical business suppotfo ining an foesty. Now, local nancial sevicescopanies opeate in global akets, leveaging anfacilitating Vancouves position as a global coecialgateway. Shae language an custos with theUnite States ae citical assets, as ae stong cultualconnections to eeging Asian econoies.

Vancouve pefos paticulaly well in fou nancialsevices sub-sectos: banking, ceit unions, intenationalnancial tansactions, an ventue capital investent.

All ve of Canaas lagest banks have signicantopeations in Vancouve. Seveal intenational banksalso have ofces in the city, incluing the Canaianheaquates of Lonons HSBC - one of the wolslagest banks.

Coopeative banking institutions have cave out a stongniche in the counity, oubling assets between 1996 an2006 an accounting fo 20 pe cent of the local banking

aket. The ceit union syste in B.C. is the lagestaong the English-speaking Canaian povinces.

Though the Povinces Intenational Financial ActivitiesAct (IFAA), Vancouve is eveloping an ipotant niche inintenational teasuy an nancial functions, incluingfactoing, ipot/epot nancing, foeign echange,an back-ofce suppot. The IFAA allows a copoationcaying out qualie intenational nancial activitiesfo a base in B.C. to get a efun of up to 100 pe cent ofpovincial copoate incoe taes.

Ventue capital investent in B.C., which was oe than

$300 illion in 2007, accounts fo up to 20 pe cent ofventue capital investent in Canaa. Vancouves ventuecapital investents focus on infoation technology, cleantechnology, life sciences an igital eia.

CompetItIve advantagesA obust, ivesie econoy an a vey favouable taenvionent ake Vancouves nancial sevices sectohighly copetitive. Activities in banking, ceit unions,intenational nancial tansactions, an ventue capitalinvestent ae eceptionally copetitive.

The B.C. govenent has aatically ipove the

cliate fo investent an nancial sevices activities.The copoate capital ta is being phase out ove theeyeas, stating in Apil 2008. Business ta ates in B.C. aeaong the lowest in Noth Aeica, thanks to a one pecent euction in the povincial copoate ta ate to 11pe cent. The ate will op to ten pe cent by 2012.

Stong ceit unions incease the copetitiveness of thelocal nancial sevices aket an povie an ipotantaltenative souce of nancing fo sall businesses.Ceit unions thive by offeing unique poucts ansevices that iffeentiate the fo taitional banksan cate to local pefeences. VanCity Ceit Union, foeaple, has ceate a suite of investent poucts thatappeal to envionentally-conscious Vancouveites.

Fo intenational nancial tansactions that qualify unethe Intenational Financial Activities Act (IFAA), B.C. offesan effective ta ate lowe than in the povinces of QuebecAlbeta an Ontaio, an lowe than in ost states in theU.S.

Ventue capital eals in Vancouve ank aong the lagesin Noth Aeica. Life sciences an clean technology

PHOTO:ALBErTNOrmANdIN


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spin offs fo stong univesity labs have succeee inVancouve because of stong ventue capital activity, ashave inusty spin offs in infoation technology an neweia. Ventue capital investos in Vancouve an B.C. aeepaning synication activities with the U.S. an otheintenational patnes. day4 Enegy, a sola technologyevelope, coplete a $100 illion IPO in 2007, oneof the lagest avance-enegy ventue capital eals inNoth Aeica that yea.

InCentIves

rc & dlThe Scientic reseach an Epeiental developent(Sr&Ed) poga is a feeal ta incentive esigne toencouage eseach an evelopent in Canaa. Qualifyingnon-Canaian copanies ae eligible to eceive taceits of 20 pe cent of qualie epenitues. Canaian

copanies eceive enhance ceits. The B.C. govenentas a ten pe cent ta ceit fo qualifying Canaian annon-Canaian copoations that conuct r&d in BitishColubia.

The National reseach Council of Canaas Inustialreseach Assistance Poga (NrC-IrAP) poviesa ange of technical an business-oiente avisoysevices to suppot gowth-oiente Canaian sallan eiu-size entepises. This can inclue non-epayable contibutions to Canaian s inteestein eseach to evelop thei sevices, poucts anpocesses. The poga has contibute oe than

$570 illion to oe than 30,000 pojects. In 2007-2008,appoiately $13 illion was available to s in B.C.

Iil Ficil tciThe Intenational Financial Activity Act (IFAA) allowscopoations caying out specie intenational nancialactivities in B.C., whee one pat of the tansaction is witha non esient, to ecoup up to 100 pe cent of povincialcopoate incoe taes.

Thee is also a 75 pe cent euction in B.C. pesonal taesfo ve yeas fo egistee IFA specialists ecuite foaboa.

v CilThe B.C. govenent offes 4 iffeent ta ceit pogasto B.C. esients an taable copoations.

A efunable ta ceit of 30 pe cent of investents,up to a aiu of $60,000 in ceits pe yea, foinvestents in sall B.C. businesses.

Ta ceits of 30 pe cent to investos who povieventue capital to sall businesses conucting r&don popietay technologies an eveloping inteactive

igital eia poucts. Investent ust be aethough a ventue capital copoation o iectly to aneligible business copoation. Ealy-stage ventuesae also eligible fo suppot fo the $90 illion B.C.renaissance Capital Fun.

The Eployee Shae Owneship Poga (ESOP)povies B.C. eployees of Canaian copanies with a20 pe cent ta ceit (aiu $2000 pe annu) foinvestents in thei eployes businesses.

A cobine feeal an povincial ta ceit allows

investos to eceive up to 30 pe cent back oninvestents in labou-sponsoe investent funs.


> Angel Forum

www.lf.The olest an lagest angel goup in Canaa. It intouces eegingcopanies to pivate equity investos, with oe than $26 illioninveste in copanies since 1997.

> Association for Corporate Growth

://c.c./cOne of two Canaian chaptes of the wolwie ACG oganizationthat offes pofessional evelopent oppotunities fo pofessionals

involve in copoate gowth, copoate evelopent, an eges anacquisitions.

> British Columbia Business Council

www.bcbc.cAssociation of ove 200 businesses in B.C., incluing s in the nanciasevices secto, woking to enhance the povinces copetitive positionan business envionent.

> B.C. Ministry of Economic Development

www.ibc.cwww.qicil..bc.cPovincial govenent epatent that pootes coece aninvestent in B.C. an ainistes B.C.s ventue capital pogas.

PHOTO:ISTOCKPHOTO/KrISTIAN

dAHL


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> British Columbia Technology Industry Association

www.bci.Non-pot oganization that suppots the gowth of B.C.s technologyinusty though a vaiety of events an pogas.

> Canada Revenue Agency

www.c.c.c

www.c-c.c.c/Canaian govenent epatent that ainistes the Sr&Ed poga;it has an ofce in Vancouve.

> Canadian Financing Forum

www.cif.cVancouve-base oganization that hosts one of the lagest ventuecapital gatheings in Westen Canaa, atching Noth Aeicancopoate an ventue capital investos with technology entepeneus.

> Credit Union Central

www.ccbc.cCental banking facility an tae association fo B.C.s 48 inepenentceit unions, anaging a liquiity pool of $3.8 billion.

> International Financial Centre

www.ifcbc.cNon-pot society that pootes B.C. as a cente fo intenationalnancial activity.

> Mortgage Brokers Association

www.bbc.cInusty association epesenting otgage bokes, ajo nancialinstitutions, otgage insues, title insues, lawyes an notaies,ceit epoting agencies, appaises an othe copanies elate to theotgage inusty.

> New Ventures BC

www.wbc.cPovince-wie copetition of technology business ieas, esigne tohelp ealy-stage entepeneus evelop the business skills neee tobing new technologies to aket.

> National Research Council of Canada

www.c-cc.c.cCanaian govenent agency that povies suppot to sall an eiu-size businesses. It has an ofce in Vancouve.

> Ready to Rocket

www.ck.cCopany that poles eeging technology copanies with thegeatest potential fo futue evenue gowth, investent an aketbeakthoughs.

> Simon Fraser University

glbl a Wl m p://bi.f.c/wmastes in Business Ainistation fo nancial sevices

pofessionals, offeing pactical epeience in anaging a stuent-un investent potfolio of $10 illion.

uii I Lii ofcwww.f.c/ilUnivesity ofce that facilitates the ceation of univesity-inusty eseach, the evelopent of patneships, an thecoecialization of eseach.

> Thompson Financial

www.cc.cCopehensive atabase of infoation an ata on pivate equitytansactions in Canaa.

BUSINESS TAx rATES INBrITISH COLUmBIA ArEAmONG THE LOWEST IN

NOrTH AmErICA> TSX Venture Exchange

www.x.cPublic stock echange fo eeging Canaian businesses, poviingentepeneus with access to capital an offeing investos a egulateventue investent aket. maintains an ofce in Vancouve.

> University of British Columbia

s scl f Biwww..bc.cBusiness school offeing specialization in nance at theunegauate an gauate levels.

uii I Lii ofcwww.il.bc.cUnivesity ofce esponsible fo coecializing univesity eseach,seving as a link between univesity eseaches, entepeneus anbusinesses.

> Vancouver Angel Network for Technology Enterprises

www.wif.c/lNetwoking oganization that intouces ealy stage investos anentos to poising technology ventues.

> Vancouver Enterprise Forum

www.f.Fou to avance technology entepeneuship though onthlyeucation an netwoking eetings.





26/55

BUSINESS & INVESTMENT GUIDE KEY SECTORS INfORMaTION & COMMUNICaTIONS TEChNOlOGY [ICT] JUNE 2008

Te compete VEDC Business & Investment Guide is vibe in PDf ormt on our website t:www.vncouvereconomic.com. To request te guide in book ormt ($25) pese pone 1-866-632-9668.

information &communications

technology [ict]a p- ,wd- r&D d b- v k Vv d v b.

Industry snapshotg Vv i d ct (ict) p b 70 p ict d B cb, w p 6,000 p d 46,000p. t pd v-d,d d p d d dv, v, w pb,wd , d p d ppqp .

m p v pvd, b Vv j ict p:

gb f: m cp, i, iBm,

Bd, 3m, e Kdk cp, hi id, sp, o, Bobj, nk, hw i r dsk ep.

l f: a b ppd Vv v pvdd dd w, d mDa, s s,telus, Pmc-s d s W.

Bw 1997 d 2004, B.c. d w cd w ict : p, r&Dpd, d w d p v v.

Wireless emPloys 6,000PeoPle in B.c. anD mostWireless comPanies arecash-floW PositiVeW b ictb-. t pv w 500 w

p - w d

w-d b. W p 6,000pp B.c. d w p -wpv. id v w v 50 p bw2004 d 2007, d p $1 b.

CompetItIve advantagesVv ict b bd b , bd wk d p, ceo d v, d u.s. d a.

Vv bd b pv ict d dvp p, d ,

pzd qp, d d d . i dd w wd- v p vv p, Vv v ict d dvp, d Wgd, $50 pjk pp cd; iBm PDvp c, w dvp w; d nk r&D dvp i-d b dv. n dv ict w pd Vv w v.

a uv B cb d d

p B.c. dv b r&D v n a.

t w p kd ict wk B.c. d67,000 , it p d pdwk. W p b q Vv ict wk, m d p wdvp p g Vv. fd b a, d d d , dd .

Photo:istocKPhoto/yuroK


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D ud s k jdv ict Vv, w k k c d id . t k d bVv wd-w p, ww ict qk v pp d pd k d.

InCentIves

rc & dlt n r c cd idr a P (nrc-iraP) pvd d b-d dvv pp w-d cd d d-zd p. t d -pb b cd d dvp v, pd dp. t p bd $570 30,000 pj. i 2007-2008,ppx $13 w vb B.c.

t s r d exp Dvp(sr&eD) p d x v dd d dvp cd.Q -cd p b v x d 20 p qdxpd. cd p v dd. t B.c. v dd p x d q cd d -cdp d r&D B cb.

v CilB cb x d 30 p qd d v w pvd vp b d r&D pp d dvp vd d pd. iv b d v p p d b b p. e- v b pp B.c. v$90 B.c. r cp fd.


> AceTech

www.cc.f ceo d p.

>B.C. Innovation Council

www.bcic.ccw a v d z, pp w v, d d d. t cpvd d, p d .

>B.C. Ministry of Economic Development

www.ibc.cwww.qicil..bc.c

Pv v dp p d

v B.c. d d B.c. v p p.

>B.C.Net

www.bc.c p-d B.c. pvd -pdi p dvd .

>B.C. Technology Industry Association

www.bci.n-p z pp w B.c. d v p d v.

>Canada Revenue Agency

www.c.c.c www.c-c.c.c/cd v dp d sr&eD p; Vv.

>Mobile Muse

www.bil.ca v wk -bd , d d p.

>National Research Council of Canada

www.c-cc.c.ccd v pvd pp dd-zd b. i Vv.

>Vancouver Enterprise Forum

www.f.n-p dv pp d d wk .

>Wavefrontwww.wfc.ccz bd bw w dvp db p, v d p dp wpd d v.

>WIN B.C.

www.wibc.a p w d.

>Wired Woman Society Vancouver Chapter

www.wiw.cn-p pvd d, p d wk pp w .

Photo:istocKPhoto/narViKK


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researCh LInks

>B.C. Institute of Technology

i e lbwww.bci.c/lic/c/fcilii/il

>Simon Fraser University

C f sciic Ciwww.cc.f.c

C sicc Lbwww.c.f.c/i/cl

gic ubili vilii Lb://i.c.f.c

pcic C f ac mil & rl tclwww.f.c/ic/pCamm/fcili.l

plLb - s tcl rc excllc C f 21C nw Ci://llb.f.c

>University of British Columbia:

ac mil pc eii Lbwww.l.bc.c

Ii f Ci, Ifi & Cii swww.icic.bc.c

mi gic Iicili Cwww.ic.bc.c

sfw pcic Lbwww.c.bc.c/lb/l

s Ci Lb://c.c.bc.c


current to May 1, 2008, however, neither the City of Vancouver nor the Vancouver EconomicDevelopment Commission accepts any liability for actions taken based on this material.


29/55

BUSINESS & INVESTMENT GUIDE KEY SECTORS lIfE SCIENCES JUNE 2008

The compete VEDC Business & Investment Guide is avaiabe in PDf ormat on our website at:www.vancouvereconomic.com. To request the guide in book ormat ($25) pease phone 1-866-632-9668.

life sciencesVaouvr th or o o o

th att growg utr north Amra,wth partuar trgth bothoog.

Industry snapshotTh dutr Brth coumba udabout 100 bopharmauta ompa, 60 mdadv mauaturg ad dtrbuto ompa, ad 30bo produt ompa. Bopharmauta ompaaout or about 2,200 o th tota mpomt o 2,700.

Bopharmauta grat rough $800 mo prar rvu. Gratr Vaouvr hom to about 70pr t o th B.c. dutr ad ha a trogompmt o tabhd ad xt grato rm,udg two o caada argt ad mot uu ompa: QlT ad Agoth Pharmauta.

Wh mot ompa ar ma, th havbom vr uu through tratg partrhpwth major tratoa rm. for xamp, nuromdha a $500 mo partrhp wth Mr to dvop pamaagmt produt. Word rowd rarh bgodutd our ara: ooog, tou

da, uro ad rgratv md.

Ooog rarh bad o a uqu prov-wd patt maagmt tm ad rgtro ormato, a w a two major rarhorgaato: th B.c. car Ag ad th Protatctr.

Brth coumba hom to vra pa-caada adtratoa tou da rarh twor,udg o oug oHiV, sARs ad pro. ThHiV/AiDs ctr o ex rd at Provd

Hath car/st. Pau Hopta dowtow Vaouvr.ld b tratoa aamd rarhr adPrdt-et o th itratoa AiDs sotDr. Juo Motar, th ctr rv a o Brthcoumba.

nuro rarh ahord b mor tha 340or rarhr, mor tha 40 dowd uvrtrarh har, ad two major mutdparrarh tr: th Bra Rarh ctr ad thitratoa coaborato o Rpar Dovr.

Rarhr rgratv md hav mor tha

140 rarh agrmt wth bo ompa,udg ght o th top t pharmautaompa.

CompetItIve advantagesVaouvr ompttv advatag bado a tatd woror, govrmt vtmt, ad hghquat uvrt R&D ad duato program.

Vaouvr draw top-oth, tratoa tat bau o xb mmgrato po, touttadg quat o ad trog R&D ratrutur. Aat-tra mmgrato pro xpdt tr o hgh-

d worr to thr d o xprt.

Vaouvr tor ha ourhd bauo B.c. govrmt vtmt R&D o mor tha$1.6 bo 2001. Th $90 mo B.c. Raacapta fud provd addtoa udg or ar tagvtur bothoog ad othr hgh-thoogtor. Th Govrmt o caada provdg $60mo udg or our w tr o x ommraato ad rarh B.c. thr , ad th ourth a ara that ud om -ratd appato.

Th tor bt rom t Wt coatoato, whh put t a rah o oaborator ad our o vtur apta Wahgtostat ad caora. Vaouvr hom to th prtgouaua Bo Partrg north Amra or, whhattratd mor tha 400 ompa rom 26 outr 2008.

i 2005, Th stt maga rad th Uvrt oBrth coumba (UBc) rt caada, ad th northAmra, or produg hgh-quat pattab rarh.

PHOTO:ISTOCKPHOTO/MONIKAWISNIEWSKA


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i 2006, th M ittut rad UBc ghth northAmra or thoog trar ad ommraato.Th uvrt ha pu-o mor tha 100 ompa, ratg mor tha 2,500 job ad ragmor tha $2 bo prvat vtmt. smo frarUvrt (sfU) ha gratd a addtoa 70 p-o.A bothoog udrgraduat dgr ord jotb th Brth coumba ittut o Thoog (BciT) adUBc, wh sfU Matr o Thoog MBA or apaato bothoog.

InCentIves

rc & dlTh st Rarh ad exprmta Dvopmt(sR&eD) program a dra tax tv dgdto ourag rarh ad dvopmt caada.Quag o-caada ompa ar gb to rvtax rdt o 20 pr t o quad xpdtur.caada ompa rv had rdt. Th B.c.govrmt add a t pr t tax rdt or quagcaada ad o-caada orporato that odutR&D Brth coumba.

Th natoa s & egrg Rarh couo caada, o o thr caada gratg ou, havtd mor tha $6 bo ovr th at t ar ba rarh, trag th xt grato o tt,ad uvrt-dutr partrhp. Th vtmt hadrt upportd om 23,000 uvrt tudt adpotdotora ow; udd mor tha 11,000 uvrtproor vr ar; ad hpd mor tha 1,300caada ompa to vt uvrt rarh adtrag.

Th natoa Rarh cou o caada idutraRarh Ata Program (nRc-iRAP) provd arag o tha ad bu-ortd advor rvto upport growth-ortd caada ma ad mdum-d trpr. Th a ud o-rpaabotrbuto to caada rm trtd rarhto dvop thr rv, produt ad pro. Thprogram ha otrbutd mor tha $570 mo to mortha 30,000 projt. i 2007-2008, approxmat $13

mo wa avaab to rm B.c.v CilBrth coumba or tax rdt o 30 pr t toquad rdt vtor who provd vtur aptato ma bu odutg R&D o proprtarthoog. ivtmt mut b mad through a vturapta orporato or drt to a gb buorporato. ear-tag vtur ar ao gb orupport rom th B.c. govrmt $90 mo B.c.Raa capta fud.

in 2005, THe scienTisTMAGAzine RAnkeD UBcfiRsT in cAnADA fORPRODUcinG HiGH-QUAliTyPATenTABle ReseARcHoB.c. itratoa faa Atvt At (ifAA) aoworporatd caada ompa wth prmattabhmt B.c. a rud o om tax pad o

tratoa om rom ommraato o rta patt. Th maxmum rud th r o $8mo or 75 pr t o orporat om tax paab.


> AceTechwww.cc.A orum or ad thoog ompa ceO.

> B.C. Innovation Councilwww.bcic.ccrow Ag that otr ovato ad ommraato, partrhp wth govrmt, dutr ad aadma. Th cou

provd rarh udg, hoarhp ad othr rour.

> B.C. Ministry of Economic Developmentwww.ibc.cwww.qicil..bc.cProva govrmt dpartmt that promot ommr advtmt B.c. ad admtr B.c. vturapta program.

> B.C. Nanotechnology Alliancewww.cbc.cAa o aadm, govrmt ad dutr partr upportgdvopmt o aothoog.

PHOTO:isTOckPHOTO/UGURBARiskAn


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> B.C. Technology Industry Association (BCTIA)www.bci.no-prot orgaato that upport th growth o B.c. thoogdutr through a vart o program ad tatv.

> Canada Revenue Agencywww.c.c.c

www.c-c.c.c/caada govrmt dpartmt that admtr th sR&eD program;t ha a o Vaouvr.

> Discovery Parkswww.ick.cDvopr o pad rarh at, pa or tart-up adpot-odar p-o ompa.

> International Financial Centrewww.ifcbc.cno-prot ot that promot B.c. a a tr or tratoaaa atvt.

> LifeSciences B.C.www.lifcicbc.c

idutr aoato or th bothoog dutr.

> National Sciences and Engineering Research Council of Canada(NSERC)www.c.ccaada gratg ou that vt pot-odar tudt,pot-dotora ow, ba rarh ad uvrt-dutr rarhprojt. it ha a o Vaouvr.

> National Research Council of Canadawww.c-cc.c.ccaada govrmt ag that provd upport to ma- admdum-d bu. it ha a o Vaouvr.

> Vancouver Bioinformatics Users Group (VanBUG)www.b.

Aoato o rarhr, prooa ad tudt vovd boormat.

researCh LInKs

> B.C. Cancer Research Centrewww.bccc.cRarh arm o th B.c. car foudato.

> B.C. Institute of Technologywww.c.bci.c/i/bicBothoog program o B.c. poth ttut, udgcaada rt dutr-ortd boormat trag at.

> Centre for Drug Research and Developmentwww.c.c

no-prot that wor wth aadm rarhr, hath orgaatoad prvat ompa to hp ommra drug dovr.

> Child & Family Research Institutewww.bcicw.bc.cittut that rarh hdr ad wom hath u.

> Genome B.C.www.bc.cRarh orgaato that brg togthr govrmt, uvrtad prvat tor partr major rarh projt.

> International Collaboration on Repair Discoverieswww.ic.Coaborative research and training organization ocusing on spina cordinjury, and bringing together more than 300 researchers rom academiaand non-prots.

> Michael Smith Foundation for Health Research

www.f.B.c. govrmt upport ag or hath rarh.

> Prostate Centre at Vancouver General Hospitalwww.lb.Th tr oodat rarh ad a xprt at VaouvrGra Hopta.

> Simon Fraser University (SFU)

Biificwww.biific.f.c

C f plic rc scic tclwww.f.c/c

mic f Ifi tcl Clx s

(mItCas)www.ic.c

uii-I Lii ofcwww.f.c/il

vic pi rcwww.f.c/c

> University of British Columbia

B.C. C f excllc i hIv/aIdswww.cf.bc.c

Biicl rc Cwww.bc.bc.c

Bicl Lb

www.bic.bc.c

Bi rc Cwww.bi.bc.c

Ci hIv til nwkwww.i.bc.c

C f mlcl mici ticwww.c.bc.c

Fcl f mici (rc)www..bc.c/c.

pin Cwww.ic.c

uii-I Lii ofc

www.il.bc.c





32/55

BUSINESS & INVESTMENT GUIDE KEY SECTORS MINING JUNE 2008


miningAbudat erals B.C.s

utas, vatve busesspractces, ad publc sectrvestets ave adeVacuver a ajr cetre fr telbal dustry sce teld ruses f te d-1800s.

Industry snapshotgreater Vacuver s te base f perats fr ver

800 lbal ad eral rs, clud tw fte wrlds larest cpaes. mst eplyet Vacuver s cected t eecutvefces ad supprt servces suc as elcalresearc, busess adstrat, ace, aaeet,eeer ad evretal csult.

Dur te perd 1997-2006, rss reveue Brts Cluba creased alst 50 per cet t $8bll. mre ta 1,000 eplrat ad actve stesperate arud te prvce; te dustry eplys 28,000peple ad adds $7.4 bll t te ecy aually. Styper cet f Caada eplrat cpaes are

B.C., respsble fr $4.5 bll equty captal.

CompetItIve advantagesBrts Clubas utas are a rc surce fuerus erals tat are eprted t arketsarud te wrld. Vacuver as bee e t a sklled wrkfrce fr 150 years, ad as develpeday vatve tecques t d eral depsts,etract ad trasprt res ways least arful t teevret, ad reabltate eausted e stes.

Vacuvers wrld-class prt, wt clse prty t

Asa ad ecellet ral lks t es, s a tp cpettveasset. Asa ctues t drve lbal dead fr aturalresurces, but nrt Aerca arkets are alsprtat fr B.C. erals.

Str elcal dell, acal, aaeet,evretal ad trad rs Vacuver prvde cpaes wt te spstcated servcesrequred t cpete lbally. Te wrlds leadaccut ad acal servce rs perate practces Vacuver.

Eplrat vestet B.C. creased 57 per cet

2007 t a recrd f $416 ll. Sce 2001,eplrat vestet as creased 1,300 per cet,sall a str future fr te prvce.Brts Cluba accuts fr abut 17 per cet f eplrat Caada.

Vacuver s a leader develp ew teclest take cstly uesswrk ut f eplrat.Vacuver-based gec Sftware iteratal wasreczed fr utstad e del ad resurcepla by m maaze. Te r prvdes 3Da, e del, data aalyss ad lstcspla fr 1,000 cpaes 90 cutres.

InCentIvesTe B.C. veret ffers tw ta cetve prras tte dustry:

Refudable 20 per cet ta credt fr rassrtseplrat f qualed resurces.

n-refudable 20 per cet ta credt fr dvdualsvest w-tru sares tat ace qualfyrassrts eplrat.Te Caada veretprvdes a 15 per cet cpleet t te -refudablew-tu ta credt.


> Aocato fo Meal Exploato of B.C.

www.bc.cAsscat represet 4,000 prspectrs, eeers, etrepreeurs,eplrat cpaes, supplers, eral prducers ad asscats.

> Aocato of Pofeoal Egee a Geocett of B.C.

www..bc.cLces ad reulatry bdy fr B.C.s 23,000 eeers adescetsts.

PhoTo:VAnCoUVER

PoRTAUThoRiTY


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BUSINESS & INVESTMENT GUIDE KEY SECTORS MINING JUNE 2008


SinCE 2001, miningExPLoRATion inVESTmEnTSin BRiTiSh CoLUmBiA hAVE

inCrEAsEd 1300%

> B.C. Evomet iuty Aocato

www.bci.cidustry asscat cprs eeer ad evretalservce cpaes, tecly cpaes, researc razats adevretal law rs.

> B. C. ittute of Techology

www.bci.cVacuvers plytecc sttute ffers a tw-year dpla adctracts wt rs t create custzed curses t eet dustrytra eeds.

> B.C. Mty of Eegy, Me a Petoleum reouce Mg a

Meal dvo

www...bc.c/iiPrvcal veret departet respsble fr plcy,reulat ad servces.

B.C. glicl swww...bc.c/mii/glofce prvd dwlads f strcal frat suc as aps adreprts, ad access t varus frat databases.

mplc

www.lc.citeractve, database ad app servce tat allws cpaes t access crtcal esceces attrbute data.

mil til oliwww...bc.c/bwb/liBrts Clubas teret-drve database f eral ttles.

> Geocece BC

www.cicbc.cidustry razat tat ecuraes eral ad petrleueplrat vestet tru appled esceces, data cllect,aalyses ad tecly applcats. Prjects are cducted cllabrat wt dustry, acadea ad veret.

> Mg Aocato of B.C.

www.ii.bc.cidustry asscat represet prducers ad develpetrs.

> Mg supple, Cotacto a Coultat Aocato of B.C.

www.cc.c

Busess asscat f 200 supplers ad servce rs.

> Uvety of Bth Columba

Ii f mii eii://ii.bc.cTe isttute ffers derees eeer, cducts researc ad wrks wt te dustry t develp vatvetecles ad practces t reduce evretal ar.

C f eil rc i mil, ml mil (Cerm3)www.c3.ii.bc.cTe cetre cssts f 25 faculty ad researcers w seek t tatete evretal pact f tru researc cjuctwt cpaes ad veret aeces.




highLAnD

VALLEYCo

PPER

PiT

PhoTo:mining

ASSoC

iATiono

FB.C.


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BUSINESS & INVESTMENT GUIDE KEY SECTORS pERfORMaNCE appaREl JUNE 2008

The comete VEDC Business & Investment Guide is vibe in pDf ormt on our website t:www.vncouvereconomic.com. To request the guide in book ormt ($25) ese hone 1-866-632-9668.

performance

apparelVuvs isty, buitud tiv jyt th suudig utisd , ts stg dd xt tht isittiy wd.

Industry snapshotctiv dsig, thgi ivti,tushi d vit sustibiity hks th s but thivig idusty. m th th dz busisss t i gt Vuv, gig s hd-d utus t gby-gizdbds with u ss th $100 ii.p busisss siiz i utid shib g y tivitis, iudigbikig, divig, gystis, hikig, kykig, uig,skiig, swiig d yg.

Vuvs by utis, sts d ssuy th dsig isiti d tstig bty busisss. Th idusty is isdt bt dtiy th itti xsuvidd by th Vuv 2010 oyi d pyiWit Gs.

CompetItIve advantagesVuv is th st hysiy tiv itis icd. p i Bitish cubi d th U.S. pinthwst vu uti g tht ks th dy,w d tb duig utd tivity. pubi d

ivt st giztis tht wk y ud i thutis d th s vid tu kt tht s w ud hsh ditis.

p busisss bt Vuvsxiity t itt U.S. d asi su kts.aTyx ws th idusty d i ibig g dhsss b bhig ut it high-d d bkks. Sugi is gizdss eu d nth ai yig, tith,ss-uty skiig d uig. luu athti,

whih siizs i yg , hs gw

st i Vuv i 2001 t th 75 i cd,austi d th Uitd Stts. lij Sty, isty , xts but 80 t its duts tth Uitd Stts, j tibut t th ysst 600 t gwth i vus btw 2001 d2006.

p busisss vgig g-stbishd xtis d utuig ityi Vuv, whi ddig high-th ivtis itis d stuti, uiqu dsigs, duttig-dg bdig d ktig. Ski is ud th wd t Vuv d

by Whist t hk ut th tst shis.

InCentIves

Th cdi gvt s i tis dit dutis t cdi busissss sut itti td gts.://l.l.c//lIt/a.cf

Th Siti rsh d exit Dvt(Sr&eD) g is d tx itiv dsigdt ug sh d dvt i cd.Quiyig -cdi is igibt iv tx dits 20 t quid

xditus. cdi is iv hddits. Th B.c. gvt dds t ttx dit quiyig cdi d -cditis tht dut r&D i Bitish cubi.


> B.C. Fashion Week

www.bcfiwk.cThis u gthig xss s i Vuv d B.c. tgb ii ds i th shi idusty.

phoTo:SUGoiapparel

/JohnK

elly


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BUSINESS & INVESTMENT GUIDE KEY SECTORS pERfORMaNCE appaREl JUNE 2008

The comete VEDC Business & Investment Guide is vibe in pDf ormt on our website t:www.vncouvereconomic.com. To request the guide in book ormt ($25) ese hone 1-866-632-9668.

> Blanche MacDonald Centre

www.blccl.cct vidig di d tit gs i fshimhdisig d fshi Dsig.

> Canada Revenue Agency

www.c.c.cwww.c-c.c.c/cdi gvt dtt tht diists th Sr&eD g;it hs i Vuv.

> Canadian Apparel Federation

www.l.cnti dvy ssiti th cdi idusty.

> Emily Carr Institute of Art+Design

www.ci.c

Bhs g i dsig uss sustib dsig divtiv dut dsig.

> Fashion High

www.fii.cn-t gizti tht ugs sus t buy B.c.shi is d ts sustib dsig tis.

> Kwantlen Polytechnic UniversityFashion Design and Technology

Program

www.kwl.c/li-i/fi.lBhs v g tht s gduts s i shidsig, duti, ktig d ut thgy; th yg its kid i Wst cd.

> Threads Gazette

www..coi wstt tht svs s th vi th B.c. d shiidustis.

> Vancouver Community College Fashion Arts Program

://cii.cc.c/fia/.Dg d tit gs i shi, iudig dsig, ttkig, gt stuti, d shi busiss thgy.




phoTo:SUGoiapparel

/JohnK

elly


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BUSINESS & INVESTMENT GUIDE KEY SECTORS SUSTaINaBIlITY-RElaTED INDUSTRIES JUNE 2008

The compete VEDC Business & Investment Guide is vibe in PDF formt on our website t:www.vncouvereconomic.com. To request the guide in book formt ($25) pese phone 1-866-632-9668.

sustainability-related

industriesa vm hv mj pc-pvvm r&d, mgVcv hgh fvpc f -.

Industry snapshotVcv h g m f mm mcmp cv - .G Vcv cmp cc f m hf fd tchg G 15 Cmp 2007. M- m cv xp m,ch bQ, whch h q c-pc m w w g mgcv.

th g h pc mpv c w : c chg vpm.

Vcv hm 70 p c f b.C. cchg c, wh m h 800 cmp m h 12,000 mp. Vcv pcg vc g , wh gh 90v g cmp, mpg 3,000 pp gg v f $750 m. th ccmp wg , w pw; -g; pw chg.

Vcv hm g v hg, fc g g, cg b Pw,Qa tchg Wp iv. th

hg f c c b.C. h g hw p 75 p c f C f c hg- r&d xp. b.C. cc f 70p c f C mpm h c.

th pw cc -c f h mcmmc vc -c c chg,wh w v $600 m v, m f w w m, ch nxPh t&d Cp, Xx tchg aphtchg. Vcv Pwtch l -

f b.C. H, whch pp 90 p c f h pvccc - ff w-g xp gmgm. avc chgg m h f gh: b.C. hm nh amc mfc f cc l- chg, h w cmmcmfc f w .

s vpm, cg g vpm f c g g, h wh Vcv b.C. nh amc. b.C. w h pvc C ph lhp eg evm dgg m (leed) h 42 p c f leed-c g C, m f hm GVcv.

th C f Vcv h m pgm cgh g m w p h cmm. ev hgh h c pp hc 24 p c c 1990, h m f jh c 14 p c, m fm C phv c v p c h m p, whcmm-w m hv v p c.em p cp hf h f t, h f h c ch Cg,

s P.

tHe HydroGen andFuel Cell seCtorin britisH ColuMbiais tHe largest in theworld

PHoto:FinaVerareneWablesinC.


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CompetItIve advantagesVcv h phc fc vp chg, cg vch , g c, c h -p gz. th Vcv- gz Globe F h mj cgz - cfc hvm .

bh Cm vc g c p fc, p xp. th b.C. gvm gp m c 50 p c f cm pwqm fm c g c. th pvch c g vcg, cg w pw; w h c cv p v f; g cp h c f c- mh; m h c f f.

C wh a ff gc vg pxm u.s. m, xg - c- m m u.s. g h.th b.C. gvm p f h W Cmiv, c f W u.s. Cpvc.

Cities like dubai andlas VeGas are aPPlyinGsustainable urban

PlanninG PraCtiCesfrom vancouverGvm cc f ,pc vpm. i 2007,FCmp Mgz m Vcv G l, g h c ecd v,whch m h f f gcc, p fc vm,ghh vpm zg. GVcv w h 2003 i G acww cmp c h h-

p f mp .bg v c h h hf h C f Vcv pg cv f mh 30 h w m w. th C vg g p wcmp, ghh hww cmmc c, cg f h mv v ww nh amc.

th pv c p q mp Vcv p-mc

vpm. Vcv h pc g xp vm pg g; c d, l Vg aqq ppg pg fm Vcv h w vpm.

InCentIves

rc & dlth b.C. gvm h cmphv g p c gh g m h cgc cv, ch $25 m ivvC eg F hwc vc g

chg wh g xp p. th b.C. C gvm pg v $89m f hg f c fg hw f 20 f c .

th C gvm pv c c pp r&d vc g c chg.th ec eg f rw Pw Pgmcg vm g cv w g pjc, wh cmmm f$1.48 .

th Vcv- n rch Cc C

i f F C iv w wh v,gvm gc cmp pjc fc h ch, vpm, m g f hg f c m. sdvpm tchg C -f-pf wh vm f f $550 m hc pp h vpm mf c chg.

th scc rch expm dvpm(sr&ed) pgm f x cv g

PHoto:HydroGen&

FuelCellsCanada


38/55



cg ch vpm C.Qfg -C cmp g cvx c f 20 p c f q xp.C cmp cv hc c. th b.C.gvm p c x c f qfgC -C cp h ccr&d bh Cm.

th n rch Cc f C irch ac Pgm (nrC-iraP) pv g f chc - v vc pp gwh- C m mm-z p. th c c -pc C m ch vp h vc, pc pc. thpgm h c m h $570 m mh 30,000 pjc. i 2007-2008, ppxm $13m w v m b.C.

v Cilbh Cm ff x c f 30 p c q v wh pv v cp m ccg r&d ppchg. ivm m m hgh v cp cp c g cp. e-g v g f pp fm h b.C. gvm $90m b.C. rc Cp F.

obh Cm i Fc acv ac

(iFaa) w cp C cmp whpm hm b.C. cp p 100 pc f pvc cp cm x cm fm p w, pwg.

bh Cm pv m f h gcv f v g pc, cgp m f pp x, xmp fm x cc pc wc f xpp. th Gvm f C cvf w pw pc.


> Bc e iy awww.bci.ci c c

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