Industry By Sector

Industry Sector: Thompson-Nicola British Columbia

The main economic activities in Kamloops are retail, construction, tourism, health care, scientific and professional services, agriculture, forestry, mining, manufacturing, and transportation & warehousing.

Kamloops has an experienced labor force of more than 60,000 workers. Two-thirds are employed in the goods servicing sector and one-third are employed in the goods producing sector.

Economic Structure - Number of Firms, by Sector, by Employment Size, December 2005

Kamloops Business Advantage

Low interest rates and strong demand have fuelled the housing market, creating many construction
jobs. The recent increase in demand for construction materials has led to increased mill output and
distribution companies relocating to Kamloops.

The superior transportation and communication infrastructure, the low-cost freight advantage and industrial land provides a strong business case for the relocation of major distribution companies. These global companies have direct access to North American and Asian Markets through the Ports of Vancouver and Prince Rupert.

Higher commodity prices have led to increased mining exploration. More than 125 fabrication and manufacturing companies operate in the Kamloops Area. Wood value-added manufacturing represents 16% GDP output for the region.

The climate, which is so conducive to the emerging agric-science industry, also attracts a large number of tourists and retirees to the region.