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In a nutshell, what does Vancouver have to offer business?
- Highly competitive business
costs. Vancouver boasts an average cost
advantage of up to 20% for research and development
and knowledge-intensive industries as compared
to US cities, with considerable savings in payroll,
health care and utilities costs.
Source: KPMG Competitive
Alternatives, 2004
- A talented multilingual workforce
that is experienced and highly educated.
- Access to ten public post-secondary educational
institutions including the University
of British Columbia, Simon Fraser University,
Emily Carr Institute of Art & Design, and
the BC Institute of Technology. These institutions
provide more than 29,000 graduates each year
and supply leading-edge expertise for research
and development.
- Excellent
transportation infrastructure that provides
easy access to markets. Vancouver International
Airport supports close to 700 direct flights
to US cities, 120 to Asia, 45 to Europe and
18 to South and Central America every week.
The Port of Vancouver is the closest North American
port to Asia, making it faster to ship to Hong
Kong from Vancouver than from Los Angeles.
- A convenient time zone. Located midway
between Europe and Asia in the Pacific time
zone, Vancouver companies are able to communicate
with all continents during the course of a regular
business day.
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