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ÁðÁ§ÉñÉç remains one of B.C.’s most economically resilient cities

Ranked at #7 by B.C. Business Magazine
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Entering a post-pandemic world, ÁðÁ§ÉñÉç remains one of the top spots in the province to live and work, according to B.C. Business Magazine.

Along with research partner Environics Analytics, the publication recently released its annual list of B.C.’s Most Resilient Cities, with ÁðÁ§ÉñÉç coming in at number seven.

The data factors in 10 different categories in determining the rankings, including everything from population growth, to financial stability, to rental vacancy rates and unemployment.

Among the most determining categories is economic diversity, taking into consideration a municipality’s’s range of industries and sources of income. Where ÁðÁ§ÉñÉç really shone in the data was in the residential home sales categories, coming in the top five in the province for both the housing starts per 10,o00 population category and the residential sales per 10,000 category.

Despite the high placement as one of B.C.’s most resilient cities, ÁðÁ§ÉñÉç did fall in the 2022 rankings compared to the year prior, when ÁðÁ§ÉñÉç was ranked at four.

ÁðÁ§ÉñÉç was joined by Summerland as the only two Okanagan municipalities in the top ten. Squamish took the number one spot, rising from 32nd in 2021.

Salmon Arm was ranked at 13. West ÁðÁ§ÉñÉç came in at number 17, jumping five spots from 2021.

Only cities with a permanent population of 10,000 or more were taken into consideration.

READ MORE: ÁðÁ§ÉñÉç’s Gospel Mission is hosting Strides, a run/walk fundraiser



Jake.courtepatte@kelownacapnews.com

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Jake Courtepatte

About the Author: Jake Courtepatte

Editor of ÁðÁ§ÉñÉç & West K News since February 2022. I have spent the majority of my career working in the Toronto area as both a sports reporter and a general reporter.
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