Vancouver Island/Coast

Labour Market Indicators

Labour force characteristicJun-21Jun-22Jun-23Jun-24Jun-25Jun-26
Population747.4764.4776.9793.5806.0809.2
Labour force440.3457.8460.9498.5505.3481.9
Employment414.5439.4440.4478.3478.0454.3
Full-time employment311.0336.5341.0371.1367.8345.6
Part-time employment103.5102.999.5107.2110.2108.7
Unemployment25.818.420.520.227.227.6
Unemployment rate5.94.04.44.15.45.7
Participation rate58.959.959.362.862.759.6
Employment rate55.557.556.760.359.356.1

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.

IndustryJun-21Jun-22Jun-23Jun-24Jun-25Jun-26
Total employed414.5439.4440.4478.3478.0454.3
Goods-producing sector69.181.073.672.676.180.3
Construction35.343.343.939.343.246.2
Manufacturing17.220.219.722.019.723.2
Natural Resources10.810.46.57.39.36.8
Agriculture4.45.12.43.72.82.6
Utilities-2.0---1.6
Services-producing sector345.4358.3366.8405.7402.0374.0
Health care and social assistance55.376.167.678.986.181.4
Wholesale and retail trade58.866.259.161.267.858.3
Educational services40.531.435.934.039.042.3
Public administration41.538.839.144.948.438.2
Professional, scientific and technical services33.036.338.244.236.637.9
Accommodation and food services34.028.436.439.134.028.2
Finance, insurance, real estate, rental and leasing19.118.623.321.122.419.2
Information, culture and recreation13.918.018.024.617.018.8
Transportation and warehousing14.416.315.721.918.118.0
Business, building and other support services19.711.016.217.219.516.0
Other services (except public administration)15.217.217.318.513.115.8

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.