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The strength of the Okanagan-Similkameen is built upon the land, climate, and its people who have sown the seeds for a strong and diversified economy. Business opportunities abound in our key sectors:

Agriculture

The Okanagan-Similkameen’s agricultural base is diversified and represents the roots of our economy. Traditionally known for tree fruit crops and ranch lands, the agriculture sector is now home to value-added food production, wine production, and agri-science. The federal government’s agricultural research station in Summerland provides local industry with state of the art research and scientific support. The burgeoning wine industry produces internationally recognized wines from local estate wineries. The southern Okanagan has the greatest concentration of vineyards in Canada.

Manufacturing

A progressive and vibrant manufacturing sector produces an impressive variety of products such as precision manufactured equipment, recreational vehicles, furniture, pre-manufactured and log homes, window frames, and specialty food items.

Value-added Forestry

First drawn to the area for its abundant wood supply, the forestry sector has established a stable base in the region and has attracted industry leaders such as Weyerhaeuser. Numerous value-added manufacturers are making a variety of products sold throughout North America and international markets.

Tourism

The Okanagan-Similkameen is a renowned tourism destination. The Okanagan Valley is known around the world for its sun drenched lakes and beaches, and astounding scenery. The region is a magnet for outdoor leisure and sports enthusiasts. Outdoor pursuits lure visitors for golf, boating, swimming, fishing, downhill skiing, rock climbing, bird watching, wine tasting and more. Tourism is a certain growth industry with many opportunities and niche markets remaining to be filled such as outdoor leisure, meetings and conferences and cultural tourism.

Retirement living

It’s no surprise that the Okanagan-Similkameen’s exceptionally mild climate and high quality of life lure retirees from across Canada at an ever-expanding rate. Excellent health services, diverse range of seniors’ facilities, a large active seniors population, and many cultural amenities make the region an attractive destination for retirees.

Our Business advantages…

An educated and motivated work force.

The labour force is well educated and motivated to stay in the area. Local businesses appreciate our workforce for their loyalty as much as for their productivity and skills. Post-secondary education programs are offered by Okanagan University College in a variety of programs that provide a resident, skilled labour pool to support local business.

Low costs for business and living.

Labour costs are comparatively lower as are living expenses. Business tax rates are among the lowest in British Columbia, and businesses will find construction and occupancy costs very competitive.

Affordable real estate.

Land and building costs are among the lowest in British Columbia and represents excellent value.

Access to markets.

Proximity to the U.S. border, the port of Vancouver and major highway corridors provide easy access to markets. A modern and well-maintained transportation system of roads and air serve business throughout the region. Scheduled air service at Penticton Regional Airport and Kelowna International Airport meet the needs of the business traveler. Advanced telephone and fiber-optic communication technology connect
business to the world.

Extraordinary lifestyle, climate, and recreational opportunities.

The combination of extraordinary climate, natural beauty, and abundant recreational opportunities provides lifestyle advantages that are second to none.

Positive “Open for business” environment and supportive business services.

Businesses and entrepreneurs find a favourable business climate here. Enthusiastic cooperation
and support from community leaders, local government officials and the business community underline our commitment to growth and economic diversification.

Safe communities with low crime rates.

The small town and rural atmosphere provides an environment that is safe, secure, and friendly. Enjoy living in comfortable communities where your neighbours are your friends.