Vancouver, a vibrant city on Canada's Pacific coast, has a robust and diverse economy, with a GDP of approximately US$158 billion as of 2023. The city has a population of 2.1 million and is a major North American hub for technology, digital entertainment, and green economy sectors, leading in sustainable development and innovation. The city hosts Canada's largest and most diversified port, making it a crucial gateway for international trade, particularly with the Asia-Pacific region. Vancouver's economic resilience is highlighted by its thriving tech scene and substantial venture capital investments, which bolster its status as a top startup ecosystem globally.
The city's strategic urban policies effectively address both current needs and future sustainability. For instance, Vancouver's commitment to becoming the greenest city by 2030 involves comprehensive strategies like increasing renewable energy use and enhancing green spaces, while other policies are dedicated to creating family- and child-friendly spaces in the city. The city also has a stable economic climate and supportive governmental policies aimed at high-tech and green tech industries, which attract both startups and established firms looking for an environmentally conscious locality.
However, while the city boasts advanced infrastructure, these facilities may require maintenance and upgrading to keep pace with its growing population. Liveability, though generally high due to the city's safety, cultural vibrancy, and access to outdoor activities, is also hindered by the high cost of living and housing affordability - which has only worsened in recent years.
