Economic Development
Burnaby’s Vision for Economic Growth
With its dynamic economy and prime location in British Columbia's Lower Mainland, Burnaby provides an ideal environment for cultivating and sustaining successful businesses. The city is home to a diverse array of thriving industry clusters, including information technology, wireless communication, biotechnology, life sciences, film, digital media, education, environmental technologies, professional services, and light industry.
Burnaby’s commitment to fostering a welcoming business climate has earned it recognition as one of Canada’s most competitive and innovative cities, highlighted by its title as the "Best Run City in Canada" from Maclean's Magazine.
The City of Burnaby’s Economic Development Strategy, adopted in 2007, outlines key goals that drive this vision forward:
Diversity: Enhance the local economy to support social diversity and expand employment opportunities across various sectors.
Job Creation: Attract businesses that align with Burnaby’s economic, social, and environmental values to increase job availability and investment in the community.
Quality Employment: Focus on generating high-skill, high-income jobs with long-term career growth.
Sustainable Growth: Ensure that economic development contributes positively to residents' quality of life while safeguarding environmental health.
Beyond its business advantages, Burnaby captivates with its stunning parks, picturesque landscapes, and welcoming communities. It invites residents and visitors alike to enjoy a balanced lifestyle where work, learning, and leisure coexist harmoniously. Whether you’re looking to invest, build a career, or raise a family, Burnaby offers an unparalleled blend of opportunities and quality of life.
