Preserving employment space and improving business services are priorities in the municipality’s economic strategy
High rents, combined with limited commercial space and transit options, have made the District of North Vancouver a challenging space for some businesses to operate in.
Those challenges and others have been prioritized by municipal staff in the district’s new economic development strategy, which was unanimously approved by council at a meeting on May 6.
With the plan’s approval, an estimated $230,000 in new annual funding will go toward implementing a number of objectives over the next five years. Priorities were identified through consultation with companies by the district’s business task force, and communicated in a workshop with district staff in March.
Emerging from the pandemic, staff predict that the outlook for economic growth in the…
