Economic Development

Economic Development

Economic development for Terrace is a suite of strategies, projects, and programs that will support the quality of life and resiliency of our community. Economic development is focused on the foundational elements of business retention and expansion, investment attraction, sector development, and related areas of workforce and community development. The City’s goal is to set the tone, be inclusive, take leadership, and advocate for well-informed strategies. See the City's Official Community Plan (Diversified Economy section) for more information on the economic development priorities of the City.

What are you looking to do?

Start a new business in Terrace or move a business to Terrace:
Explore investment opportunities

Purchase industrial or commercial land in Terrace:
Learn more about lands available

Find benefits and incentives for businesses in Terrace:
Explore business services

Move from a foreign country to invest in Terrace:
Learn about the BC Provincial Nominee Program for Foreign Investors


Ready to get started?

We're here to help. Contact us or dive further into the data in our Investment Portal.

Contact us

Call us or visit City Hall and we will be happy to talk about what makes Terrace an excellent place to live, work, and invest.

City of Terrace Lands & Economic Development

Delve deeper

Our Investment Portal is packed with data, mapping tools, and economic development resources that highlight Terrace's advantages.

Explore the Investment Portal