COS Financial Plan 2018 - 2022

COMMUNITY PROFILE BUSINESS AND INDUSTRY

Surrey is home to many large companies and organizations.

Largest Employers in Surrey (as of 2016)

Surrey School District #36 Fraser Health Authority City of Surrey Green Timbers RCMP E-Division Coast Capital Canada Revenue Agency Loblaws Concord Coast Mountain Bus RCMP Teal Jones Group ICBC Fortis BC Cash Money Cheque Cashing Inc #592 Kwantlen University College

Employers

0

2,000

4,000

6,000

8,000

10,000

12,000

Number of Employees

Source: City of Surrey Economic Development Department Chart to be updated every two years (next update December 31, 2018)

Current total employment in Surrey, as of December 2017, is estimated to be 185,260 jobs. The chart below illustrates existing and projected total employment for the years 2013 through 2022. Over the last five years 16,160 jobs have been added in Surrey, representing an average annual growth rate of 1.84%, which exceeds the rate of population growth of 1.7% over this same period. Further employment growth of approximately 19,550 jobs is projected for the five years between 2017 and 2022, for an estimated 204,810 jobs.

Existing and Projected Total Employment in Surrey

250,000

192,690 196,560 200,530 204,810

200,000

170,830 173,980 177,890 181,520 185,260 188,960

150,000

100,000

Employment

50,000

0

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Year

Industrial

Commercial

Institutional

Source: City of Surrey Planning & Development Department Number for 2018—2022 are projected

the future lives here.

2018-2022 Financial Plan

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