British Columbia (B.C.) is rich in natural resources and hydroelectric power. With one of the most flexible and supportive business climates in North America, the province attracts investment from around the world. As a leading jurisdiction for climate leadership and clean energy incentives, B.C. is a clean-tech innovation hub with an established talent pool.
Businesses that invest in B.C. can expect to work with a stable economy and welcoming government. Streamlined regulations make it easy to register a business and apply for permits and licenses. Work with our experts and benefit from our close collaboration with municipalities.
B.C.'s competitive tax rates are among the lowest in the G7, with a combined provincial and federal general corporate income tax rate of 27%.
Learn more about B.C.'s competitive tax climate.
A west coast innovation hub
B.C. offers countless opportunities to invest in, or expand operations within emerging and government-supported industries, including:
- Hydrogen and low-carbon fuel production
- Clean technology such as carbon capture
- Energy storage and advanced battery technology
- Information and communications technology (ICT) such as data centers
The B.C. government is focused on growing technology and innovation within the region by:
- Leading green and climate policies and incentives to improve project economics.
- Providing the infrastructure that communities and residents need to participate in the innovation economy.
- Developing and attracting a world-leading talent pool.
- Helping companies get established and grow.
Learn more about innovation in B.C.
B.C.is an economic leader in Canada due to strong fiscal management, its triple-A credit rating, and diversified economy. The province has a well-regulated financial system, an inclusive economy, favorable climate policies and is welcoming to new businesses.
Learn more about B.C.'s economy and business climate.
There are 2.7 million people in B.C.'s well-educated, multilingual workforce. More than 60% possess post-secondary credentials and many have worked for established technology companies. High-tech companies benefit from skilled employees and their cross-sectoral experience.
Learn more about B.C.'s workforce.
