Can someone explain what this means? It seems like Vancouver is most definitely the de facto business capital of Western Canada but I base this solely on my observations as a tourist from Seattle and friendship with Chinese real estate broker.
My feeling is Vancouver is more like Monaco then New York City. Already rich people move to Vancouver.
They found out pretty quickly there aren’t as many jobs in Vancouver as one would expect. As others have mentioned, lots of regional office, but not many headquarters.
You’d have a much easier time finding a job in Calgary or Toronto than Vancouver.
It’s a big, well known city, but has fewer professional jobs than you’d expect.
You could say this about Canada in it's entirety.
I believe Calgary has the highest number of corporate HQs in Canada.
Calgary may have a higher number per capita - or - they may 'technically' have more HQs because of the vast number of shell companies that exist for complex resource extraction events. Kind of like Delaware in the US.
[1]https://www.calgaryeconomicdevelopment.com/dmsdocument/133
Never thought of Calgary as the de facto business capital of Western Canada (it could also be Edmonton) but could be because I'm mainly in Vancouver.
BC doesn't have much of a real industrial basis in anything.