P.G. Ranked Among Best Places to Start and Grow a Business in Canada
Prince George, B.C. – The City of Prince George is ranked 25th spot in the annual Entrepreneurial Communities Index produced by the Canadian Federation of Independent Business.
The rankings reflect the best places to start and grow a business in Canada.
The Prince George overall ranking is unchanged from last year, but well ahead of some other B.C. communities including Vancouver periphery 28th (30th), Kamloops 39th (46th), Nanaimo 42nd (39th), Quesnel 64th (61st), and Fort St John 95th (69th),
“It is great to see BC’s cities recognized as good places to run a business, thanks in large measure to relatively strong economic growth “states Richard Truscott, CFIB Vice President, BC and Alberta.
The annual study assesses which municipal areas have best enabled small businesses to start, grow, and prosper. The report looked at the entrepreneurial environment in 121 of the most populous municipalities (roughly 20,000 people or more) across Canada, according to information drawn from published and custom tabulated Statistics Canada sources, as well as survey research conducted with CFIB members.
According to the report, the best City in Canada to start and grow a business is Collingwood Ontario. The highest ranked cities in B.C. were Kelowna and Penticton which were ranked third and fourth respectively , unchanged from last year’s ranking.
“It is important to also look more specifically at the policy rankings, since that is the one area where local governments have the most control. It shows BC’s municipal governments still have a lot of work to do in terms of creating a better policy environment in areas like taxes and regulation,” concludes Truscott. In that column on the study’s ledger, Prince George ranked 30th, while Kelowna sat at 48th, Quesnel at 54th, Kamloops 73rd and Fort St. John was in the 86th spot. Camrose Alberta took the number one spot in the policy rankings.