Thousands of jobs lost due to Vancouver industrial land shortage: report
The report estimates that 6,300 direct jobs, $477 million in wages, and nearly $500 million in GDP have left the Metro Vancouver region due to lack of available and affordable space.
For years, Vancouver has been mired with complaints over the residential housing shortage and affordability crisis. Now, a new report from the Greater Vancouver Board of Trade and the NAIOP Vancouver Chapter is highlighting the same issues in the Metro region’s industrial lands.
The document shows that industrial lands make up four pe…