Vancouver Island/Coast

Labour Market Indicators

Labour force characteristicApr-21Apr-22Apr-23Apr-24Apr-25Apr-26
Population745.3761.6774.0790.5804.7808.5
Labour force439.5448.1453.9485.2493.6483.9
Employment407.7426.7435.5464.1469.3455.7
Full-time employment304.0318.1337.7357.3354.2346.9
Part-time employment103.8108.597.7106.8115.1108.7
Unemployment31.821.418.521.124.328.3
Unemployment rate7.24.84.14.34.95.8
Participation rate59.058.858.661.461.359.9
Employment rate54.756.056.358.758.356.4

Source: Statistics Canada, Table 14-10-0462-01. Estimates are 3-month moving averages, not adjusted for seasonality. Counts are reported in thousands; rates in percent.

IndustryApr-21Apr-22Apr-23Apr-24Apr-25Apr-26
Total employed407.7426.7435.5464.1469.3455.7
Goods-producing sector64.376.480.165.473.574.8
Construction32.442.445.536.440.741.5
Manufacturing16.721.524.417.422.020.8
Natural Resources8.56.96.08.67.55.6
Agriculture4.44.02.72.7-3.7
Utilities2.31.71.6-1.83.0
Services-producing sector343.4350.2355.3398.8395.9380.9
Health care and social assistance56.174.471.778.685.179.2
Wholesale and retail trade61.161.760.965.667.166.1
Educational services36.833.135.435.940.041.1
Public administration44.538.339.345.344.839.3
Professional, scientific and technical services31.833.234.340.638.236.1
Accommodation and food services32.328.835.030.534.127.2
Finance, insurance, real estate, rental and leasing18.020.321.222.121.222.5
Business, building and other support services17.611.913.416.817.817.9
Other services (except public administration)16.115.814.919.613.817.5
Transportation and warehousing15.914.011.019.415.717.2
Information, culture and recreation13.218.618.124.518.116.8

Source: Statistics Canada, Table 14-10-0465-01. Estimates are 3-month moving averages, not adjusted for seasonality. Counts are reported in thousands.

Major Projects

Quarter/ YearProposedConstruction
started
CompletedOn holdGrand Total
Q3 202013,61111,6191165,50830,854
Q3 202114,39210,839435,42830,702
Q3 202214,34311,140985,47231,053
Q3 202310,83113,059425,34229,274
Q3 202411,54214,837925,50631,977
Q3 202512,27915,2064241,95829,867

Source: Province of British Columbia, BC Major Projects Inventory.

Quarter/YearProposedConstruction
started
CompletedOn holdGrand Total
Q3 20208352214151
Q3 20218052313148
Q3 20227560315153
Q3 20236360215140
Q3 20246860314145
Q3 20257252711142

Source: Province of British Columbia, BC Major Projects Inventory.

Population and Migration Indicators

YearAll ages0-1415-2425-3940-5455-6465+
2020887.5115.591.9167.0157.5137.3218.3
2021898.9116.190.0171.0160.3134.8226.8
2022919.2117.591.2177.5164.8133.3235.0
2023931.5116.890.8182.9168.7130.1242.2
2024947.2116.991.8188.7173.0127.6249.3
2025954.2115.391.5190.0175.6125.5256.2
5-year
Change
66.7(0.1)(0.4)23.018.0(11.7)37.9
5-year
Change %
7.5%-0.1%-0.4%13.8%11.4%-8.5%17.4%

Source: Statistics Canada, Table 17-10-0150-01. Counts are reported in thousands.

YearAll ages0-1415-2425-3940-5455-6465+
2005100.0%15.1%12.6%17.3%24.2%13.5%17.3%
2010100.0%13.8%12.0%17.6%22.1%15.6%19.0%
2015100.0%13.2%11.1%17.6%19.9%16.4%21.9%
2020100.0%13.0%10.4%18.8%17.8%15.5%24.6%
2025100.0%12.1%9.6%19.9%18.4%13.2%26.9%

Source: Statistics Canada, Table 17-10-0150-01.

YearNatural GrowthNet Intra-provincial Net Inter-provincialNet Inter-nationalResidual deviationTotal Change
2020/2021(3,053)5,7777,196(2)1,48111,399
2021/2022(3,468)8,3877,4078,022-20,348
2022/2023(4,360)6,7421,9967,918-12,296
2023/2024(3,972)6,9082,74410,041-15,721
2024/2025(3,603)6,7322,3981,434-6,961

Source: Statistics Canada, Table 17-10-0151-01.