Every month, the Economic Development Division tracks economic indicators to better understand the business climate in Prince George.  Data included in the monthly analysis covers several areas, including employment rates and numbers, real estate developments and transactions, building permit values, business license applications, and airport passenger statistics.

 

Information is gathered from a variety of sources, including Statistics Canada, the BC Northern Real Estate Board, the Canada Housing and Mortgage Corporation, the City of Prince George, and the Prince George Airport Authority.  

• The Prince George unemployment rate is 0.6% lower than February 2018.
• Employment in the Cariboo region increased by 1,300 jobs. 
• Employment in Wholesale and Retail Trade increased by 700 jobs.
• Employment in Health Care and Social Assistance increased by 600 jobs.
• $6.77M building permit for Building 1 of the downtown Park House development.
• Year-to-date permits are up 16% compared to 2018.

Watch and share the Economic Update video.   

The City of Prince George Economic Development Division offers a  dashboard that provides relevant up-to-date  economic data including the following: population, demographics, labour, tax, quality of life, housing, transportation, household income, education, companies, and utilities. Powered by Townfolio, this statistical tool is designed to help businesses and the community gain access to up-to-date statistics about the Prince George economy. 

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