Economic Development

Investment

The City of Terrace is known as the service and supply centre of Northwest BC. Located strategically between the communities of Prince Rupert and Kitimat, Terrace has historically been the hub for forestry, fishing, and mining activity in the region. Presently, the community is also a hub for transportation, retail, medical, and government services. Located between three ports and at the intersection of highways 16 and 37, Terrace is poised to benefit significantly from the numerous major projects proposed including LNG, mining, and manufacturing.

In 2015 the City of Terrace completed an independent census, highlighting that our population is indeed higher than Provincial estimates. Currently, 12,494 people reside in the municipality—under a medium growth scenario that includes LNG development, we expect our population could rise to nearly 18,000 by 2020. Statistics Canada has aggregated the City with our neighbouring areas into what they term the “agglomeration of Terrace.” These neighbouring areas accounted for an additional 4,093 residents in the 2011 census.

The Province of BC maintains statistics regarding each community, including demography, taxation, labour force, education, quality of life, and other topics. Explore Terrace's stats from Trade and Invest BC.

 

Terrace's development indicators

Find more charts and stats in our Investment Portal.

Explore more investment resources

Videos

A Place to Belong

Terrace Lifestyle Video

Source: Terrace Business Resource Centre

        

 

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 Economic Development
250-615-4030
dcorstanje@terrace.ca

Delve deeper

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

Explore the Investment Portal