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Resources
New Westminster’s Economic Development Office provides information and services to help businesses invest and grow in our city. We promote economic development by attracting new investment and business, supporting and assisting existing businesses, and enhancing New Westminster’s business climate. Find the latest local business indicators, publications and policies for New Westminster in this section.
Current Indicator Snapshot available here: 2016 Economic Indicators
New Westminster Chamber of Commerce
Lizz Kelly, CEO
T 604-521-7781
E
201-309 Sixth Street
New Westminster, V3L 3A7
newwestchamber.comDowntown Business Improvement Association
Kendra Johnston, Executive Director
T 604-524-4996
E
8 – 552 Columbia Street,
New Westminster, V3L 1B1
downtownnewwest.caSapperton Business Association
Gord Hobbis, President
T 604-524-3633
E
434 East Columbia Street,
New Westminster
shopsapperton.comUptown Business Association
Bart Slotman, President, Uptown Business Association
T 604-525-8866
E
330 – 555 Sixth Street,
New Westminster, V3L 5H1
myuptown.caWest End Business Association
Liz Brabbins, President
E
newweba.caNeighbourhood
# of Businesses
% Businesses Brow of the Hill
144
5.4
Brunette Creek
214
8.0
Connaught Heights
43
1.6
Downtown
570
21.4
Glenbrooke North
95
3.6
Glenbrooke South
73
2.7
Kelvin
82
3.1
North Arm North
126
4.7
North Arm South
160
6.0
Queen’s Park
56
2.1
Queensborough
111
4.2
Sapperton
252
9.4
Uptown
534
20.0
Victory Heights
61
2.3
West End
133
5.2
Total
2,669
100%
Industry – Services
2006
2011
%Change
Wholesale Trade
1,680
2,380
41.7%
Retail Trade
3,480
3,575
2.7%
Transportation and Warehousing
1,950
2,545
30.5%
Information and Cultural Industries
1,245
1,770
42.2%
Finance and Insurance
1,350
1,640
21.5%
Real Estate and Rental and Leasing
775
920
18.7%
Professional, Scientific and Technical Services
2,490
3,480
39.8%
Management of Companies and Enterprises
45
0
(100%)
Administrative and Support, Waste Management and Remediation Services
1,625
2,025
24.6%
Educational Services
2,265
2,845
25.6%
Health Care and Social Assistance
3,555
4,405
23.9%
Arts, Entertainment and Recreation
560
820
46.4%
Accommodation and Food Services
2,215
2,465
11.3%
Other Services (except Public Administration)
1,690
1,950
15.4%
Public Administration
1,645
2,260
37.4%
Total Service Industry Employment
26,565
33,080
24.5%
Source: Statistics Canada, 2006 and 2011 Censuses
Federal
- Canada Business Network
- Futurpreneur
- Western Economic Diversification Canada
- Business Development Bank of Canada
- Innovation, Science and Economic Development Canada
- Statistics Canada
- Canada Small Business Financing Program
National Research Council (NRC) Industrial Research Assistance Program (IRAP): This program provides software and wireless small and medium-sized enterprises (SMEs) with technical assistance, financing and business advice. NRC-IRAP also links SMEs to original equipment manufacturers, which can help pull innovative companies up the technology ladder.
Scientific Research and Experimental Development Incentive Program: Canadian companies can apply for tax credits of 35% up to the first $3 million of expenses, and 20% on any excess amount related to experimental development, applied research, basic scientific research and certain types of technical support work. Eligible expenses include wages, materials, machinery, equipment, and some overhead costs and contracts.
Provincial
Trade & Invest British Columbia: International Trade & Investment representatives, market intelligence, BC business networks and export assistance are available at the Asia Pacific Business Centre.
BC Jobs Plan: The BC Jobs Plan is intended to enable job creation, help get goods to market and open/expand markets in the following key sectors: forestry, mining, natural gas, agrifoods, technology, tourism, international education and transportation. Four of these key sectors are consistent with New Westminster.
BC Stats: The central statistical agency of the Province of British Columbia, BC Stats has the provincial government’s largest concentration of statistical products, services and expertise – a function that began in 1897.
British Columbia Women’s Enterprise Centre: BC’s leading resource for women entrepreneurs, offering skills development, business loans, free business guidance, business resources, mentoring, networking and events.
Regulatory Reform Initiative: Launched in 2001, this initiative has resulted in reducing regulatory requirements in BC by over 42% with a commitment to maintain a future zero net increase.
British Columbia Tax Credits: BC provides provincial tax credits, exemptions and deductions to encourage business investment and innovation. Provincial tax incentives and exemptions exist for research and development (R&D), international business activity, and machinery and equipment investments.
BC Tax Credit for Venture Capital: The provincial Venture Capital Programs encourage investments in clean tech, community ventures and new media businesses by providing British Columbia investors with a 30 per cent refundable tax credit.
BC Training Tax Credit Program: The program provides tax credits for employers and apprentices who are engaged in eligible apprenticeship programs administered through the Industry Training Authority. New training tax credits are slated to be made available for employers that employ apprentices in the British Columbia shipbuilding and ship repair industry.
International Skilled Workers: The British Columbia Provincial Nominee Program (BCPNP) offers accelerated immigration for qualified skilled workers, experienced entrepreneurs and associated family members who want to settle in BC and become permanent residents of Canada.
Small business
Business and trade development are top priorities for all levels of Canadian government. The following section provides links to currently available government initiatives, resources and programs that support businesses and healthy economies.
New Westminster Economic Development is currently updating it's Economic Development Plan, building upon the 2008 “Livable City Strategy” – a roadmap for tapping economic opportunities that will enhance economic growth and attract and retain industry, commerce and investment while maintaining the ‘Royal City’s exceptional quality of life.
Key research and resources that guide the Economic Development Office's work include:
- 2017 Economic Snapshot
- 2016 Business Survey Report
- 2016 Economic Snapshot
- 2014 Economic Snapshot
- 2014 Economic Forum: Economic and Demographic Review and Outlook (Urban Futures)
- 2013 Economic Snapshot
- 2008 Economic Development Strategy – the Livable City Strategy
- Downtown New Westminster Commercial Marketability Study
- Community Profile
Envision 2032: The Integrated Community Sustainability Planning (ICSP) will become the City’s sustainability document that informs and guides City activities in the future, including plans, policies, projects and practices, using a sustainability lens.
Official Community Plan: This document is a statement of New Westminster’s long-term vision for the future. It describes the kind of community into which our municipality wishes to evolve. Business and job creation objectives and policies are front and centre in New Westminster’s long-term development plans.
The Official Community Plan is being updated, please visit Our City 2041 for more information.
Neighbourhood Plans: A guide to growth and development within individual neighbourhoods.
Industrial Land Strategy: In New Westminster there are 608 acres of land in 363 separate legal parcels currently zoned for industrial use. Most of this land is located along the Fraser River or near transportation infrastructure (e.g. regional roads, rail lines).
Metro Vancouver 2040: A shared commitment by Metro Vancouver and member municipalities to work together to achieve regional goals. The integration of land use and transportation strategies is a central component of the strategy and key to how the region grows and changes in the future.
Open data refers to the release of municipal data, with an open licence, which is free of charge for anyone to use and reuse for any purpose.
Open data is provided in accessible formats, meaning that it is machine readable and is structured in a logical way. For numerical tabular files (spreadsheets), some common open formats include XLS or CSV. For text files, common formats include TXT.
For answers to some other questions around open data, see the Frequently Asked Questions (FAQs).
The datasets are sourced directly from the City of New Westminster Departments and can be tabular (tables of data) or spatial (based on mapping files).
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