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May 03, 2019 Return to Headlines

Coquitlam Celebrates BC Economic Development Week

by Michelle Frilund |

COQUITLAM, BC, May 3, 2019 – A growth in business licences, film revenue and tourism visitors give the City of Coquitlam reason to celebrate May 6-11 during BC Economic Development Week. 

Film revenue increased 30% in 2018 marking a continued upward trend, while Coquitlam business licences grew 3%, to a total of 6,950. Additionally, tourism marketing efforts are driving visitor growth.

New Initiatives Fuel Coquitlam’s Economic Growth
The City’s Economic Development division continues to create new initiatives to fuel economic growth and support the local business community. This includes a new tourism website, www.visitcoquitlam.ca, and increasing promotional activities to raise awareness of local events, festivals, shopping, dining opportunities and adventure activities. 

Beginning this month, the City is also launching a Business of the Month program to recognize the successes of local companies. 

“Coquitlam’s strong economic and population base continues to attract new businesses, which create new jobs and opportunities that add to our quality of life,” said David Munro, Coquitlam’s manager of economic development. “There has never been a better time to invest in jobs and business in Coquitlam while the quality of goods and services provided here attract people from around the region.”

Local Businesses Benefit from Large Population Base, Growth and Transit Access
MedRay Imaging has found success in Coquitlam, citing the city’s large population base, significant growth, central location and easy SkyTrain access.

“Coquitlam is a growing, diverse community that provides for a robust customer base. We also have access to quality talent and a supply of local businesses that can support our business needs,” said Randy Webster, chief operating officer of Med Ray Imaging. “The transportation system in Coquitlam and the introduction of the Evergreen Extension to SkyTrain really was a game-changer for many businesses, connecting the Tri-Cities with the rest of the Lower Mainland.”

Read more local business testimonials at www.coquitlam.ca/bcecdevweek

Tri-Cities Chamber of Commerce Partners 
The Tri-Cities Chamber of Commerce partners with Coquitlam’s Economic Development division on many events and programs aimed to drive growth throughout Coquitlam and the surrounding area.

“The local business community is diverse in size and scope and is continually evolving and growing. Our businesses are very involved in investing and giving back to our community. They’re part of the fabric of our community, which makes it such a great place to live and work,” said Michael Hind, CEO of the Tri-Cities Chamber of Commerce.

Ways the City of Coquitlam Can Help Your Business
Coquitlam Business Connects: We support companies of any size, type and sector. Services including assisting with site searches, providing local business contacts, and supplying statistics and market research, via our new online Economic Development Tool, www.coquitlam.ca/ecdevstats, to support business planning, to list a few

Business LinQ: This drop-in business resource centre is located in Coquitlam City Hall, offering a convenient way to link to resources and get help with navigating City process such as permitting and licencing. Ask advice, meet one-on-one with staff and pick up relevant publications. For more information, visit www.coquitlam.ca/businesslinQ.

Starting a Business: Read our brochure online at www.coquitlam.ca/business.

Upcoming Event – Economic Summit: The Future is 2020
Thursday, May 8, the Tri-Cities Chamber of Commerce will be hosting an Economic Summit featuring keynote speakers and presentations at the Executive Plaza Hotel & Conference Centre in Coquitlam. This year’s event looks at the future and explores how innovation and technology are affecting business. Find out more at www.tricitieschamber.com.

About BC Economic Development Week
BC Economic Development Week is part of a North American-wide campaign to raise awareness on the contributions of economic development and local business to communities as well as the various programs and services available that can assist businesses. Find out more at www.bceda.ca.

Media contact:
David Munro
Manager of Economic Development, City of Coquitlam