The City of Vancouver and the University of British Columbia today released a KPMG study that shows the employment and population of the UBC/Broadway corridor will grow by 150,000 in the next 30 years and a rail-based rapid transit system is needed to meet the corridor’s population growth and significant economic potential.

“The economic potential of the UBC/Broadway corridor is tremendous,” Mayor Gregor Robertson said. “The health care, technology and life science sectors, combined with UBC’s research enterprise, set the stage for significant growth. We need a subway rapid transit system that will allow us to compete with tech hubs like Toronto and New York City and unleash the additional economic and investment potential along the corridor.”

The UBC/Broadway corridor, which runs from Commercial Drive to UBC’s Point Grey campus, is B.C.’s second largest business and innovation area and North America’s busiest bus route. More than 200,000 people currently live and work in the area and 50 per cent of the corridor transit riders currently come from beyond Vancouver.

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Focus on developing human resources to support a green economy

The City of Vancouver and the Vancouver Economic Commission (VEC) announced today that Campus-City Collaborative’s (C3) second initiative, The Green Workforce Development Symposium, will be held Friday, March 2, 2012. The purpose of this symposium is to understand private sector needs for green jobs, assess current green curriculums, and identify training and education opportunities for students with respect to green jobs.

“C3 is driving innovation towards Vancouver’s growth as a mecca for the green economy by drawing on the creativity of student leaders from across the city,” said Mayor Gregor Robertson. “Together with industry experts and the VEC, the C3 Green Symposium will help us map out a strategy to create the kind of green jobs that will keep our local economy competitive and resilient.”

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The University of British Columbia and the City of Vancouver have signed a Memorandum of Understanding to partner together to advance both the City’s and UBC’s aggressive sustainability and climate action goals. 

Mayor Gregor Robertson and UBC President Stephen Toope signed the agreement at Vancouver City Hall today, signaling the launch of a multi-year collaboration to advance common goals of sustainability, climate action and the development of a green economy.

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