Business Advantages & Incentives 2017-10-16T13:55:38+00:00

Business Advantages & Incentives

Chilliwack offers the benefits of doing business in British Columbia’s Vancouver region at a much lower cost. With a skilled workforce, lower taxes and lower start-up costs, Chilliwack enables business owners and the employees to enjoy greater buying power.

Fast, Economical and Business-Friendly

Chilliwack earns top ranks for “lowest taxes” and “fastest approvals” according to 2015 and 2016 Reports Produced by NAIOP, a North American association of commercial real estate development. Chilliwack is a “top BC investment town” according the Real Estate Investment Network, recognized as one of the most business-friendly communities in the region, the City of Chilliwack, along with CEPCO, works with businesses and developers to fast-track permit approvals, provide flexible solutions and organize business support programs and services to help new and existing Chilliwack businesses achieve success.

Lowest Light Industrial to Residential Tax Ratio
Chilliwack – 2.09
Abbotsford – 2.29
Surrey – 2.88
Langley Township – 2.98
Mission – 2.99
City of Vancouver – 4.23
Coquitlam – 4.46

Tax Incentives

  • Industrial Revitalization Tax Exemption (City of Chilliwack): Save taxes over 5 years when you increase the value of your industrial property with a new building, addition or renovation valued at more than $1 million. Get more info here.
  • Downtown Chilliwack Revitalization Tax Exemption (City of Chilliwack): Save taxes with the improvement or new development of downtown commercial properties. Get more info here.
  • The Federal and Provincial Governments have created tax cuts and incentives that make our community attractive to businesses and investors. Explore the Provincial website at Trade and Invest BC and the Federal website at Global Affairs Canada.

Access to Markets / Transportation

Located along the Trans-Canada Highway (Highway 1) and next to the CN Railway and Southern Railway of BC, Chilliwack provides easy road and rail access. No local tax on fuel has made Chilliwack a popular destination for transportation and distribution companies. A USA border crossing located within 34 km (21 miles), the Abbotsford International Airport within 42 km (26 miles) and an ocean port within 80 km (50 miles) provides easy access to new markets and supplies.

Skilled Workforce

Chilliwack is home to a highly skilled workforce. There are more people in Chilliwack with post-secondary education 42.2%, compared to the BC average of 37.6%. This is complemented by the University of the Fraser Valley and Canada Education Park, providing local opportunities for training and education. While there are 44,750 people in Chilliwack’s labour force (62% participation rate), there is a workforce of 144,000 people within a 30-minute commute.

42.2%
Post Secondary 4.6% above the provincial average
62%
44,750 people in Chilliwack’s labour force
30 min.
144,000 people within a 30 minute commute

Education

Canada Education Park
Canada Education Park

The Park showcases several major institutional facilities. Currently, the RCMP Pacific Region Training Centre (PRTC), Justice Institute of BC (JIBC), the University of the Fraser Valley (UFV), the Agriculture Centre of Excellence at UFV, and Canada Border Services Agency (CBSA) are located at the Canada Education Park.

University of the Fraser Valley in Chilliwack, BC
University of the Fraser Valley

UFV is a fully accredited, public post-secondary institution that enrolls over 15,500 students per year. UFV offers 15 bachelor’s degrees, one applied master’s degree, and more than 80 certificate and diploma programs in applied and academic areas, including Trades.

UFV Trades and technology Centre in Chilliwack, BC
Trades & Technology Centre

Located next door to the new UFV building at Canada Education Park, UFV’s Trades and Technology Centre features several training opportunities including Agriculture and Horticulture, Aircraft Structures, Architectural Drafting, Auto body Collision and Service, Automation and Robotics, Carpentry, Culinary Arts, Electrician, Electronics, Heavy Mechanical Trades Foundation, Hospitality Event Planning, Joinery, Plumbing and Piping, Welding and more.

Agriculture Centre of Excellence in Chilliwack, BC
Agriculture Centre of Excellence

The Agriculture Centre of Excellence at the University of the Fraser Valley promotes and champions a network of innovation in agriculture education, technology and research. The Centre facilitates knowledge transfer by acting as a coordinating hub to bring together expertise from established institutions and organizations in areas of plant and animal production, food safety, agribusiness, policy, and technology development.