City of Coquitlam
A Prime Destination for Growth, Innovation, and Success
In the Heart of Metro Vancouver’s Growth Corridor
Coquitlam is a growing urban centre within Metro Vancouver, offering businesses direct access to regional and international markets through two international airports, two ports, and two U.S. border crossings — all within a 30- to 40-minute radius. With efficient public transit, highway access, and proximity to the Cascadia Innovation Corridor, Coquitlam is well-positioned for companies looking to scale in a competitive and stable environment. Businesses benefit from access to a skilled workforce, expanding industrial and commercial space, and a city committed to long-term economic growth.
Strategic Location
Seamless Regional & Global Connectivity
Your Launchpad to the Asia-Pacific Market
Strategically positioned in Metro Vancouver, Coquitlam connects businesses to North American and international trade corridors, fostering growth, investment, and innovation.
Business Climate
A Competitive and Stable Economy for Business Growth
Favourable Tax
Environment
British Columbia offers some of the most competitive corporate tax rates in North America, making it an attractive location for businesses looking to expand.
Supportive Development Framework
Coquitlam offers a predictable regulatory environment, supported by municipal staff who work directly with businesses to streamline development, permitting, and approvals. The City’s Business LinQ service helps companies navigate municipal processes with confidence and clarity.
Business Support & Growth Services
Offers dedicated support to businesses through its Business Connects program, providing assistance with site selection, market research, and connections to key contacts. The City's Economic Development Office actively collaborates with businesses to facilitate growth and success.
Tax Comparison: Coquitlam vs. Other Business Hubs
Location
Coquitlam, BC
Toronto, ON
Montreal, QC
New York, NY
San Francisco, CA
Chicago, IL
Corporate Tax Rate
27%
26.5%
26.5%
27.85%
29.84%
30.50%
Small Biz Tax Rate
11%
12.2%
12.2%
27.85%
29.84%
30.50%
Notes
BC small biz rate: 2%
ON small biz rate: 3.2%
ON small biz rate: 3.2%
No deduction
No deduction
No deduction
Note: Eligible corporations in BC may apply foreign tax credits on non-business foreign income.
Source: EY Canada, SmartAsset.com, BritishColumbia.ca
Sources: Canada Revenue Agency, WorkSafeBC, BC Gov, Hydro-Québec 2024 Report
67.1%
of residents have college or university certificate
Source: StatCan, 2021
Workforce & Talent Pool
A Highly-Skilled Workforce for the Future of Business
Coquitlam is home to a diverse, highly-educated workforce that supports industries ranging from advanced manufacturing and IT to life sciences and cleantech. With a growing professional community, Coquitlam attracts top talent from leading universities and colleges across British Columbia.
Businesses in Coquitlam benefit from a strong pipeline of talent through partnerships with major post-secondary institutions:
British Columbia Institute of Technology (BCIT) – Specializing in engineering, advanced manufacturing, and skilled trades.
Douglas College – Providing business, finance, and technical training. Douglas is one of BC's largest public colleges.
Simon Fraser University (SFU) – Leading in technology, AI, and research.
University of British Columbia (UBC) – A global leader in science, life sciences, and sustainability.
Coquitlam’s vibrant business ecosystem is complemented by an exceptional quality of life that attracts professionals and business leaders.
67.1% of residents hold a post-secondary degree.
55.8% of the population speaks 2 or more languages.
Cost of living in Coquitlam is approximately 11.9% lower than in Vancouver (excluding rent), and 7.0% lower when including rent. (Numbeo)
Diverse talent pool fluent in multiple languages.
One of the fastest-growing municipalities in Metro Vancouver with a population of 100,000+.
Quality of Life: The Best of Business and Lifestyle
Coquitlam’s vibrant business ecosystem is complemented by an exceptional quality of life that attracts professionals and business leaders.
Affordable housing options compared to Vancouver’s core.
Access to nature, parks, and recreational amenities for work-life balance.
A multicultural, family-friendly community with top-rated schools and services.
Economic Insights & Data
Key Economic Indicators & Market Insights
Coquitlam is a city on the rise, with strong economic fundamentals, business growth, and a dynamic investment climate. Our data-driven approach ensures businesses can make informed decisions about expansion and investment.
Key Economic Indicators Dashboard
80K+
Workforce Size
Professionals in Coquitlam and surrounding cities
15%
Business Growth Rate
Increase in business registrations over the past 5 years
$110K
Median Household Income
Median household income is above Metro Vancouver average
$826M
Capital Investment
Capital investment in City infrastructure (2025–2029)
