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Economic Development

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.

Explore more about Burnaby’s Economic Development Strategy 

Business in Burnaby

Burnaby boasts a strong, skilled workforce and a diverse array of thriving industries, including information technology, biotechnology, life sciences, film, and environmental services. As the third-largest city in British Columbia, it serves as a dynamic hub for businesses with a progressive approach to growth. Whether you’re interested in renting property, bidding on contracts, or purchasing land, Burnaby offers various options, from street-front stores to expansive business campuses and urban office towers.

Programs and Policies

The Burnaby Board of Trade is proud to highlight the City of Burnaby’s proactive approach to creating a community that supports its residents and businesses alike. With a strong focus on addressing climate change, Burnaby is committed to reducing carbon emissions and promoting sustainable land use practices that nurture a healthy ecosystem.

Strategies and Plans

The City of Burnaby is dedicated to fostering a sustainable and inclusive future. The City has established over nine comprehensive strategies and plans covering key areas such as transportation, economic development, social sustainability, environmental sustainability, housing and homelessness, community safety, climate action, and the official community plan. These initiatives reflect Burnaby’s commitment to enhancing the quality of life for all residents and business owners while fostering a vibrant and inclusive community.

Labour Force and Demographics

The City of Burnaby is dedicated to fostering a sustainable and inclusive future. The City has established over nine comprehensive strategies and plans covering key areas such as transportation, economic development, social sustainability, environmental sustainability, housing and homelessness, community safety, climate action, and the official community plan. These initiatives reflect Burnaby’s commitment to enhancing the quality of life for all residents and business owners while fostering a vibrant and inclusive community.

Livability

As British Columbia’s 3rd largest city, strategically situated just 25 minutes from downtown Vancouver, Burnaby offers an outstanding quality of life, with a strong economy, excellent schools and post-secondary institutions, rapid transit, easy access to all amenities, numerous parks and green spaces, and a beautiful natural setting. Visitors can play a round of golf, watch live theatre and sports events, and explore diverse artistic, cultural, and heritage sites. Shoppers head for Metropolis at Metrotown, BC’s largest shopping mall with more than 450 shops, in additon to dining and entertainment options. Burnaby, divided into four town centres, also has major shopping malls at Brentwood Town Centre and Lougheed Town Centre.

Education and Training

Burnaby is home to exceptional educational institutions and training programs that play a key role in driving the city's economic development. By fostering innovation, skills training, and strong industry connections, Burnaby's schools and training centers prepare a highly skilled workforce ready to meet the needs of a growing economy. This strong foundation in education helps both businesses and individuals thrive, ensuring long-term success for our community.

 

 

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