Economic Development

Explore key economic indicators and data that provide insight into New Westminster's local economy.

Sign up for the City’s Economic Development newsletter to stay connected with the latest business news, updates, and opportunities

The City is updating its Economic Development Plan to guide the next five years of economic development and support a resilient, growing economy that benefits all residents.

The City continues to put the Retail Strategy into action, using it to guide decisions on commercial land uses, targeted improvements to shopping areas, and business attraction and retention.

Thinking of starting a business in New West? Explore the Starting Your Business page to help get you started.

Explore a variety of business resources and tools available to support businesses in New Westminster

Economic Development Office

New Westminster’s Economic Development Office works to support new and growing businesses and serves as their first point of contact at City Hall. If you have questions about licensing, permits, zoning, or other City processes, we can explain what’s involved, connect you with the right staff, and help you find your way through the steps. We also support new investment and work with partners to strengthen New Westminster’s business climate. Contact our Economic Development Office by email info@investnewwest.ca or by phone 604-527-4536.

Business Resources

Explore a variety of resources and information to support local businesses, including economic and market data, business guidance, community connections, and opportunities in New Westminster. 

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Book titled “How to Start a Business” beside a calculator and colorful bar chart

Use these guidelines to better understand how to start and grow a successful business.
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Bar and pie charts on printed reports, with a calculator in the background

Access key indicators and gain insights into our economy, residents, workforce, livability and more.
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Hands holding puzzle pieces, assembling them together in a team collaboration

Connect with organizations and individuals that can help your business succeed.
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Hands using a laptop beside papers with colorful charts

Leverage data on local consumers, dwellings, and businesses to find the customers you need.
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Hand holding pen, "advantages" book beside smartphone and coffee

Good help can be hard to find but look no further because the workforce you need is right here.
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Stacked wooden blocks forming a small staircase on a light wood table

Identify the fast-growing industries that are creating new opportunities in the region.
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Construction site with steel framework and yellow crane

Identify the largest industries that are driving employment growth in the region.