The 2010 Economic Impact on Vancouver

From The Vancouver Sun - Dec 9/09

Central One credit Union predicts Vancouver's economy will grow by 3.9% in 2010, after shrinking 2.1% this year, and that the 2010 Olympics will pump $800M into the economy.

"Spending at the Games will account for about 20% of Vancouver's growth in 2010. 85% of Olympic spending will be in Metro Vancouver and 15% on Sea to Sky corridor" said Economist David Hobden.

The poplulation will continue to grow almost unabated, due to net International In-migration. It grew by 1.7% this year.

read the rest of this post