July 2017
Economic Development eNewsletter
Welcome to the Economic Development eNewsletter
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You are receiving this email as you previously subscribed to the On the Move eNewsletter through the Initiatives Prince George website.

This subscription to the On the Move eNewsletter has moved to our new Economic Development eNewsletter.

You will once again receive the latest information about economic activity in Prince George and the surrounding region, as well as events, services and opportunities that are of value to local and regional businesses. Our Economic Updates will be distributed monthly and our eNewsletter will be distributed on a quarterly basis in January, April, July and October.

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Meet the team
We are available to answer all of your investment related questions, to assist you with acting on business growth opportunities and overcoming challenges, and to provide workforce attraction and retention tools and services. Contact us today.

2016 economic recap
2016 Economic Development Video
2016 was a banner year for development in Prince George. Forget the highlights? Watch this video  for a refresher.

Economic highlights for January to May 2017
  • The unemployment rate declined steeply from 8.1% to 5.9%
  • The employment rate increased from 64.7% to 66.3%
  • 212 new business licenses issued
  • 166 building permits granted with a total value of $34,386,018.88
Love statistics? We track them so you don't have to. M ake sure to watch for our monthly   Economic Updates  on the new City of Prince George website Or follow us on Twitter and like us on Facebook so you never miss an update.
Introducing our NEW economic development dashboard
Find up-to-date data on the Prince George economy that will help with your final investment decision.

Economic Development Dashboard
Invest in Prince George - Opportunity Profiles
Opportunity Profiles
The Economic Development Division has identified 6 investment opportunities where existing and potential companies will have a competitive advantage by setting up in the city.

The opportunities are:
  • Forestry Innovation and Technologies
  • Engineered Wood Products
  • Data Centres
  • Biofuels
  • Wood Pellets
  • Engineering, Construction and Project Support
Economic Development staff are actively pursuing business in these industries and are encouraging companies to come forward and share their advice and best practices by contacting Keenan Hopson, Economic Development Officer at keenan.hopson@princegeorge.ca .   


New website - New Business Directory
The new Business Directory launched in May of 2017! This free, descriptive, and searchable business directory is available to all businesses with a City of Prince George business license.

Use this great marketing tool to profile your business, social media pages, website, products and services. With over 1,300 businesses and growing, the Business Directory is an excellent way to search for local businesses and get valuable information about the business community.

Have a business license but don't have access to the directory yet? Call Joanna Johnston, Business Development Officer at 250-561-7633 to get connected. 
Welcoming new businesses
E. Roko Distributors Ltd.
E. Roko  Distributors Ltd.  - A new wholesaler! 

The former Loomis property at 2221 Quinn Street has new owners and they're open for business. E. Roko Distributors, with other locations in Kelowna, Vancouver, Calgary and Washington State, decided Prince George was the ideal geographical position for their next wholesale business venture serving the cabinet and millwork industry. Marcel, the general manager at E. Roko, says Prince George is the perfect central location to serve his customers and communities. With a wholesale warehouse in Prince George, they are very optimistic about expansion opportunities in northern BC; they're now closer to their customers and the large warehouse will improve shipping times while helping the cabinetry and millwork industry thrive.

Homework (2 Fine Design Ltd.) - Rising up from loss

Louise & Anthony have opened their new Homework location in downtown Prince George and it's a show stopper. Two years after the tragic loss of their former building, this beloved business is back and more beautiful than ever. With 200-300 different products lines, they're passionate about Prince George and the total shopping experience and atmosphere they have created. It's even a tourist attraction as local residents bring their guests to the store to show off what's in Prince George. This substantial investment in downtown Prince George is part of the evolution of new business investment in the core of the city. They made it through a very difficult time, so let's show them some Prince George heart! And don't forget about their   Pine Centre Mall  location as it's is still open for business.


Copper Falls Custom Homes Ltd. - A custom combination

Taking custom residential construction to the next level, Jeff and Brent brought together their two companies, Sequoia Signature Homes and Scheck Construction to form Copper Falls Custom Homes. Their new storefront at 1990 Ogilvie St. S. showcases their combined thirty-five years of experience and projects and offers clients a high-end full interior design-residential package and construction services. It'll be exciting to see what this dynamic duo creates in the Prince George housing market. 


Building the future with Development Services
The Economic Development Division co-hosted a public meeting with Development Services on June 8th, 2017 to discuss action taken on suggestions for improvements within Development Services made during the 2016 Business Outreach Survey

There have been significant increases in efficiency for many areas including the following: 
  • SFD building permits
  • New application forms online
  • Mobile inspections for permits
  • The Marshall & Swift Estimator
A key take away from the meeting from Deanna Wasnik, Development Services Manager was for  developers, builders and engineers to "engage us early on to learn what steps are involved in a project; whether it be building, zoning, or subdivision, we are available to discuss your development vision". The department offers pre-application meetings for all types of applications, providing the opportunity to share project details, learn processes, and identify areas that may require additional focus.

Look forward to more changes as Development Services continues to work towards LEAN Process for C,I, and I applications, registered professional reliance, review and updates to bylaws, and electronic inspections and applications. 
Employee recruitment tools - Move Up Prince George
If you're an employer who needs to recruit people from outside of Prince George, check out the workforce attraction tools we offer through the Move Up Prince George website .

You can post a job for free to the website's Career Search page and then download a Move Up Prince George digital web button  to add to your online career search page. This button should be linked back to the Move Up Prince George website so that people interested in your job posting can learn if they'd like to live in Prince George.

For more information about these tools and other recruitment and retention services offered by the Economic Development Division, contact Christina Doll, Workforce Development Officer at christina.doll@princegeorge.ca or 250-561-7633.
And the winner is...PRINCE GEORGE!
The City of Prince George's Foodie Fridays program was honoured at the BC Economic Development Awards  on June 13, 2017 in the category of Best Community Project - Greater than 20,000 Population. 

Foodie Fridays is a weekly lunch event held on the front lawn of City Hall around Veterans Plaza, which offers the public access to local food truck vendors and restauranteurs all in one place. 

Come down to Veterans Plaza every Friday until August 25th and be part of Foodie Fridays.

Stay up-to-date via social media - Invest City of PG
 
To stay informed about information related to the economy, make sure to    follow us on Twitter and  like our Facebook page. #InvestCityofPG
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