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Business Advantages – City of Victoria


Consistently ranked as one of the most livable and best small cities in the world, Victoria is a growing community that attracts business leaders and innovators. Benefit from newcomer-friendly immigration and visa programs designed to attract foreign talent and companies to our region. Our overall corporate tax rates are the most competitive in the G7, and a broad system of tax credits and incentives involving research and development support companies establishing a regional platform.  Victoria continues to attract risk-takers, entrepreneurs and talent that grow local prosperity.

Connectivity

Located on the tip of the largest island on the Pacific Coast, Victoria provides easy access to almost anywhere in the world.  Access Vancouver and Seattle quickly with a variety of transportation options. Travel between downtown centres can take as little as 35 minutes by float plane to Vancouver and 45 minutes to Seattle, making same-day meetings possible. Transportation in the region connects you to the world with an international airport, helicopter and seaplane services, bus routes, ferries, cruise ships and an extensive cycling network. 

Market Discovery

Realize growth and entrepreneurial success opportunities in Victoria through a supportive local ecosystem of collaborative businesses and engaged residents focused on supporting local business in our thriving communities.

Skilled Workers

Victoria understands that access to skilled and experienced talent is essential to all investors.  Victoria is home to a diverse and talented workforce that draws from world class institutions that excel in innovation and technology-related teaching and research. The city also benefits from the spillover effect of the nearby region and metropolitan hubs like Vancouver and Seattle.

Talent Pipeline

Victoria’s talent pool has been fostered through one of the highest-ranking school systems in Canada and is home to multiple post-secondary institutions, including some of the top universities in the country. Local post-secondary institutions excel in innovation and technology-related teaching and research and are helping graduates integrate with local business through co-ops, incubators, accelerators, and business centres. 

Economic Drivers

There are many sectors anchored in the City of Victoria’s economy that generate jobs, raise household incomes, and contribute greatly to the region. In addition to being a Technology and Information hub, strengths in Marine and Ocean Sciences, Tourism and Hospitality, Government, and Life Sciences are also amongst our city’s distinct advantages.
 



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