City of Surrey 2017 - 2021 Financial Plan

COMMUNITY PROFILE BUSINESS & 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

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2000

4000

6000

8000 10000 12000

Number of Employees

Current total employment in Surrey (December 2016) is estimated to be 181,640 jobs. Figure 3 illustrates existing and projected total employment for the years 2012 through 2021. Over the last five years, 18,380 jobs have been added in Surrey, representing an average annual growth rate of 2.16% which exceeds the rate of population growth of 1.75%, over this same period. Further employment growth of approximately 19,380 jobs is projected for the five years between 2017 and 2021, for an estimated 201,020 jobs. Source: City of Surrey Economic Development Department

Existing and Projected Total Employment in Surrey

250,000

193,098 197,030 201,020

200,000

169,100 170,832 173,974 177,878 181,643 185,428 189,238

150,000

100,000

Employment

50,000

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2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Year

Industrial

Commercial

Institutional

Source: City of Surrey Planning Department Number for 2017—2021 are projected.

Note: 2016 employment calculations include demolitions of several non-residential buildings in Surrey that would account for a lower employment figure in 2016 compared to 2015.

2017-2021 FINANCIAL PLAN

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