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Economy of Vancouver Island


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Within the island's largest city, Victoria, there is a significant IT and technology industry. According to the Victoria Advanced Technology Council website, over 800 technology companies operate in the Victoria area, with combined annual revenues of $1.95 billion.

High Speed Internet is delivered to the island by Shaw Communications, Telus, and various local providers with their own networks. Wireless Internet connections can be found all over the Island, many free for public use.

While the Island does generate much of its own power at several hydroelectric stations, increased demand required the construction of several high voltage power cables, both HVDC and AC, connecting to the Canadian Mainland. See Powerlines connecting Vancouver Island with Canadian Mainland.

Logging

Outside of Victoria, Vancouver Island's economy is largely dominated by the forestry industry. Many of the logging operations are for paper pulp, in "2nd growth" tree farms that are harvested approximately every 30 years. Logging operations involving old-growth forests such as those found on Clayoquot Sound are controversial and have gained international attention through the efforts of activists and environmental organizations
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