Doing Business in Kamloops

Community Facts

For a more detailed profile please click here to view the Kamloops Site Selector

Population Data
Kamloops	87,017
Catchment area	93,000
Regional District	131,675
Source: Statistics Canada 09.2009

Growth Rate
2009-2013 projected growth in Kamloops	1.0 - 1.9%

Source: BC Stats

 Census Data - 2006

Click on the the link below to access the 2006 census tract profile
for the Kamloops catchment area.

HTML version - http://www12.statcan.ca/english/census06/data/profiles/ct/CTdata.cfm?Lang=E&CTCODE=3855&CATYPE=CA

PDF version - http://www.bcstats.gov.bc.ca/data/cen06/profiles/detailed/59925000.pdf

 

Unemployment Rate
Feb.2010	8.7%
BC Stats

Climate Facts
This is where Kamloops ranks  among Canadian Cities
Hottest summers	#1
Most hot days above 30	#1
Driest city	#1
Warmest Spring	#2
Most sunny days in warm months	#2
Hours of Sunshine	2040 hrs
Median high temp	21.0 oC
Median minimum temp	-4.2  oC
Annual Rainfall	217.9 mm
Source: Kamloops Community Profile & Environment Canada 2005

Average Cost of Property (2009)
Commercial, Light Industry (Leased)	$7-$9 per sq/ft.
Light Industrial -  serviced (Purchase)	$300,000+ per/ac
Office & Retail (Leased)	$12-15 per sq/ft (plus common costs $3.75- $5.00)

       

Business Licenses YTD Feb.2010
Business Licenses Issued         151
Visit  Business Licence Directory  for 2009

 

Power (Apr.10)
Local Power Supplier:	BC Hydro http://www.bchydro.com/
Reliability Rate:	99.97%  Average Service Availability Index
Basic Charge:	(35kW): $17.16/day
Demand Charge:	First 35kW for Nil, next 115 kW @ $4.18/Kw,  additional kw @ $8.02per kw
Energy Charge:	First 14,800 kW @ $0.0816/kW  additional kw @ $0.0393kw

Natural Gas Prices (Industrial/Commercial) (Jan.10)
Supplier: Terasen Large Commercial Service  (Rate 3 - accounts with annual consumption of 2,000 GJ or more)
Basic Charge	$132.52
Delivery Charge per GJ	$2.219
Midstream Charge per GJ	$1.266
Cost of Gas per GJ	$4.953

 

Major Employers	Number of Employees
Interior Health Authority	3000
School District #73	2000
Thompson Rivers University	1725
Highland Valley Copper Mine	1134
City of Kamloops	630
Domtar	448
BC Lottery Corporation	433
Safeway	400
Wal-Mart	322
NRI-Distribution	247
Northern Trailer	244
Costco	238
Overlander Extended Care	225
Kamloops Daily News * includes carriers	200*

Source: VK Feb 2010                      

Kamloops Municipal Tax Rates 2009
(Per $1,000 of Assessed Value)

 Includes all government taxes:
 (General - City of Kamloops, Regional District, Hospital
 District, School, B.C. Assessment Authority)

Residential	8.1614
Supportive Housing	5.7531
Recreational/Non- Profit	14.3631
Farm	19.5731
Business/other	25.1602
Light Industry	34.9692
Utilities	58.3216
Major Industry	76.6112
Source: City of Kamloops 2009

  Average Incomes

Weekly Average Single Income        $808.00 CAD

            

Housing Values
Median Residential Price  - Feb.2010 Kamloops only Kamloops Area	$334,500 CAD $320,000 CAD
Average 2 Bedroom Rental/Monthly	$825.00 CAD
Housing Starts
2008	574 units
2007	612 units
2006	780 units
By Dwelling Type (2008)
Single Family	245 units
Multi Family (3 or more units)	329 units
Building permit values 2008                                    $160,392,469 CAD
Source: City of Kamloops Development and Engineering Services, 2009

Vacancy Rates -  Apr.09
Rental Vacancy rate - 2 bedroom	1.5%
Source: CMHC Rental Report, 1st 1/4 2010(F)

Accessibility & Airport
Airport Type	Regional/USA
Flight time to Vancouver  Flight time to Calgary	50 minutes 70 minutes
Driving time to Vancouver	3 ½ hours
Driving time to Seattle	5 hours
Driving time to Calgary	6.5 hours
Driving time to Edmonton	8.5 hours
Kamloops Airport has non-stop direct flights to Vancouver, Calgary and Prince George	http://www.flykamloops.com/ http://www.kamloopsaiport.com/

Post Secondary Institutions Thompson Rivers University www.tru.ca Thompson Rivers University - Open Learning   www.tru.ca/distance.html TRU World www.truworld.ca/ Sprott Shaw Community College www.sprott-shaw.com/

Specialized Training Programs
MBA
Bachelor Applied Computer Science
Bachelor of Technology
Bachelor of Arts & Science
Bachelor of Business Administration
Bachelor of Tourism
Cooperative Education
International Education
Trades & Technology Diploma

Telecommunications
Services Available	ISDN, DSL, ATM, Frame Relay, DS#, T1, T3, E10, E100
Local Fibre Loop	Extensive fibre network in place from multiple suppliers
Optic-fibre	BCNet Kamloops Transit Exchange (KAMTX). provides redundant access to the Canarie CA*Net4 research and education network at speeds as high as 10 Gbs. Telus, Bell, and BigPipe/Shaw have committed to connect to KAMTX. 41 km of fibre optic cable connects 37 connects public sector facilities, secondary schools, provincial government buildings, and the Thompson Rivers University with an open access point at City Hall.

    

Community Recreation	$50 million in new sports facilities
Parks (82)	1350 ha
Museums (3)	Kamloops Museum, Fire Hall Museum,  Secwepemc Museum & Heritage Park
Live Theatres (3)	Western Canada Theatre, Sagebrush Theatre, Ashcroft Opera House
Art Gallery	Kamloops Art Gallery, Hampton Gallery
Wildlife Park - BC ZOO	70 wildlife indigenous species – 42 ha of park
Sports Facilities:	Tournament Capital Centre 7 arenas (Olympic size ice-sheet) WHL Hockey Club - Kamloops Blazers Junior B Hockey Club- Kamloops Storm
	13 Championship Golf Courses 45 tennis courts 3 indoor pools, 1- Olympic size Indoor Track & Field Centre FIFA Soccer Field Canadian Football Stadium Gymnastics Centre & Club 12,000 sq ft McArthur Island Sports Centre - National standards baseball stadium 9 baseball diamonds, 9 soccer fields Bike Ranch - International Mountain Bike Park - 26 ha Skate board park - Largest in Western Canada, BMX Circuit
League play participants:	8,000 plus
Ski Resort
Sun Peaks www.sunpeaksresort.com/	4 seasons world famous resort 3 mountains, 1 Village centre,  350,000 ski & snowboard visitors, 6,000 tourist beds and 500 residents, 4,000 skiable acres of terrain, Race Centre, Terrain Park, Nordic Skiing, Ice Skating, Tube Park Golf, Bike Park, Hiking, Sports Centre, Shopping, Dining, Real Estate , master-planned community - over $700 million invested, certified ISO 14001
Harper Mountain www.harpermountain.com	Midweek T-Bar and Handle Tow, Night Skiing T-Bar, Tube Park , Toboggan Hill & Skating Pond Number of lifts(3). 1-triple chairs, 2-T-bars Number of trails(15), Longest run 366 meters (1,200 ft)

Kamloops Centre for Water Quality
$48.5 million state-of-the-art membrane filtering water treatment plant   Provides high-quality water 365 days a year for residents and visitors.

                 

Canada's Tournament Capital
Number of Tournaments	116
Participants	27,613
Economic Spin-off	$11.1 million
Grants Distributed	$49.2K

Source: Cityof Kamloops 2008 Annual Report