Surrey Business News

Metro Vancouver Launches New Regional Economic Prosperity Service

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A new regional economic prosperity service is on its way. This new Metro Vancouver service will complement and amplify the existing economic developmen­t efforts of member jurisdicti­ons and stakeholde­rs. With a focus on promoting strategic investment in the region, and on regional collaborat­ion to advance shared economic, livability and sustainabi­lity goals in Canada’s Pacific gateway, it will work closely with public and private sector stakeholde­rs to identify investment priorities and to collect and analyze relevant data, while leveraging the regional district’s considerab­le resources and positive reputation. The business plan was developed under the guidance of a steering committee and advisory group comprised of representa­tives from public and private sectors, including the Port of Vancouver, the Surrey Board of Trade, the Motion Picture Industry Associatio­n of BC, Telus, the University of British Columbia, the Greater Vancouver Board of Trade, Simon Fraser University, Seaspan, the BC Chamber of Commerce, Mustel Group and others.

As a next step, Metro Vancouver will appoint a Management Board to provide oversight in the developmen­t of the marketing strategy and will begin recruitmen­t for an executive director and resources for the new function.

Metro Vancouver is a federation of 21 municipali­ties, one Electoral Area and one Treaty First Nation that collaborat­ively plans for and delivers regional-scale services.

Its core services are drinking water, wastewater treatment and solid waste management. Metro Vancouver also regulates air quality, plans for urban growth, manages a regional parks system and provides affordable housing. The regional district is governed by a Board of Directors of elected officials from each local authority.

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