BC’s Lower Columbia Region is Opportunity Rich
2015-16 Lower Columbia Regional Profile
2016 Industry Sector Profiles
2015 Regional Economic Outlook
2015 Resources for Businesses
2014 Investing In The Lower Columbia
Strong Economic Drivers
The heart of the local economy is the mining industry. Mining giant Teck based in Trail is the region’s largest employer with over 1,500 staff. The region also has a superb health care system anchored by the Kootenay Boundary Regional Hospital which serves over 80,000 people and employs 800 people. The hallmark of the tourism industry is the resort town of Rossland and the ski hill Red Mountain Resort which receives visitors from around the globe.
Commercial and residential property values are very competitive compared to the rest of the province. As of June 2015, the average price of a residential property in the Kootenay region was $283,000.
Competitive Tax Rates
Municipal tax rates in the region are low compared to the provincial average. The Canadian Federation of Independent Business applauded the City of Trail for its low small business property tax. Both Trail and Rossland offer downtown development tax exemption bylaws and land tax incentives to stimulate entrepreneurial activity.
Superb Market Access
The Lower Columbia region is advantageously close to US border and is connected to a provincial network of highways, railways and airports. Trail has a regional airport with daily flights to Vancouver and is only 9 km north of the Canada-USA border.
Selkirk College in Trail prepares students to enter the workforce fully prepared. The college provides access to university transfer courses, technology, career and vocational programs. Some of the programs offered are Aviation, Integrated Environmental Planning, Industry and Trades training.