Checking in on the local economy: City of Campbell River releases Economic Update

Economic indicators offer insight into COVID-19’s effect on local economy

It’s been a tough year. In Campbell River and around the world, people have been coping with the profound social and economic impacts of the COVID-19 pandemic.

The City of Campbell River’s recently-released Economic Update report helps clarify the impact of the recent economic turbulence by presenting a variety of economic indicators. These provide a snapshot of Campbell River’s economy now and before the pandemic. The City will continue monitoring these and other indicators to track Campbell River’s economy through the pandemic and into recovery. Updates will be released in future reports.

Economic indicators are grouped into the following categories within the report:

·         Population growth

·         Development

·         Housing and real estate

·         Employment

·         Travel and tourism

The report also contains information about some of the economic programs recently offered by the City, and a peek at some of the programs for 2021.

Visit https://campbellriver.ca/business-economy/resources/economic-updates to read the Economic Update.

More information about the City’s economic programs and activities can be found at under Education and Business Support Programs