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Victoria is the capital of British Columbia, situated on the southern tip of Vancouver Island. The population of the Greater Victoria Area is over 368,000.

Victoria’s economy is built on Victoria’s existing strengths in high tech and tourism. It leverages Victoria’s status as the seat of provincial government.

Other important sectors for the city include investment and banking, food products, education, public and private schools, light aircraft manufacturing, pharmaceuticals and computers, engineering, architecture, and telecommunications.

The Township of Esquimalt is the home of the Pacific headquarters of the Royal Canadian Navy.

Victoria’s diverse economy is driven by small and medium sized business. Advanced technology is Victoria's largest revenue-producing private industry, representing approximately $4 billion in annual revenues generated by more than 880 tech companies that have over 15,000 direct employees.

The factors that support this strong tech sector are three post-secondary institutions, eight federal research labs, the navy base, and Canada's highest household internet usage.

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