As the COVID-19 situation continues to unfold, the pandemic – along with health measures necessary to combat its spread – has caused a significant slowdown, and in some cases a complete halt, in economic activity. We acknowledge this is something that will affect us all in the coming weeks and years, and that these shocks to our economy hit our most vulnerable populations and local businesses hard.
In this context, the Vancouver Economic Commission (VEC) continues to work on improving the resilience of Vancouver’s diverse, low-carbon economy by making the following efforts:
- Sharing relevant information and resources with the business community on our website.
- Reaching out to strategic partners and building strong alliances to collaborate on better understanding the impacts, advocating for mitigations and ultimately working together to develop a Vancouver-centric economic recovery strategy.
- Advising, supporting and amplifying the work done by local businesses, industry associations and industries on economic response and recovery.
How We’re Helping
Every day, our staff collect data, monitor developments in our key sectors, and coordinate industry responses and recommendations in preparation for the long road to economic recovery. We share this information in aggregate and gain additional research and insights with numerous industry task forces, which vary in size, sector and mission.
Our work feeds into the work done by numerous other government organizations, trade and labour associations, peer economic development agencies, business improvement associations and small businesses.
By Local Sectors
A non-exhaustive snapshot of some of industries we’re staying close to:
By Focus and Goals
Public safety is paramount. While keeping this in mind, we are balancing numerous other objectives and goals related to the pandemic and public health measures:
- Business & Economic Reliefs
- Economic Recovery Roadmap
- Digitizing Essential Services
- Amplifying Emergency Procurement Calls
- Data, Research and Survey Analysis
- Connecting Government to Business Community
- Coordinated Ecosystem Response
We’re here to help in whatever way we can
We have worked with the City of Vancouver and other industry associations to deliver numerous economic relief requests to senior levels of government. We know that many other business and labour associations, government departments, community hubs and independent experts are working behind the scenes to bring you resources and relief as well.
The best route to economic recovery is to weather the initial shock and ensure our communities are healthy. Please keep yourself, your families and your personal and work communities safe.
The Vancouver Economic Commission (VEC) looks forward to working in close collaboration with all coalition members as we look to mitigate immediate and forthcoming impacts of COVID-19 and strategically plan for recovery.
What this means for VEC events, workshops and office operations
- We have cancelled all events held at our space in the immediate future (e.g. through to June 1, 2020)
- To protect our team and our community, the VEC office has implemented remote working practices. Consequently, we cannot confirm the receipt of packages delivered to our office address. Those needing to send mail should advise us of the details via email@example.com.
- We are considering our calendar of upcoming workshops and events, and have begun to transition to e-learning options and online courses. We will update future guests and attendees on a case-by-case basis.
- VEC has instituted a moratorium on corporate travel, leading to the cancellation of all international business events and engagements.