Vancouver Island EconomyOther than in the urban centre of Victoria, the Vancouver Island economy is made up largely by forestry, with tourism and fishing also playing major roles.
Vancouver Island, British Columbia has a vineyard industry that is expanding rapidly and produces wines that have outscored French counterparts in blind tasting tests.Vancouver Island also has an information technology industry that is developing strongly. Broadband internet service is provided to Vancouver Island business by Shaw, Telus, CRTV and CRCable.Net. Wireless internet can be found throughout Vancouver Island and many allow free access. Post-secondary education is an economic driver in Greater Victoria with over 50,000 students and staff. The University of Victoria, Royal Roads University, and Camosun College are the main post-secondary institutions in the Greater Victoria region. Vancouver Island University, formerly known as Malaspina University-College, has its main campus in Nanaimo and other campuses in Duncan, Parksville, and Powell River.
The favourable climate and beautiful setting of Vancouver Island BC has also made it an attractive retirement destination. The town of Qualicum Beach may be the best example as its residents have the highest average age in Canada. The “retirement industry” fuels real estate and assisted care developments that drive the strong construction economy.The above text is available under the terms of the GNU Free Documentation License - learn more at Wikipedia's Vancouver Island page.