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Economic Development

People at a coffee shop

Port Moody is a modern, urban community, located within the Metro Vancouver region. We are connected by rapid transit (SkyTrain), rail, major highways, and a deep-sea port. We are only a 45-minute drive from two international airports and the Canada-U.S. border.

Our natural setting, residential and recreation opportunities, and proximity to nearby Simon Fraser University and Douglas College David Lam Campus all serve as magnets to attract a skilled labour force.

Start or grow your business in Port Moody

We think our city would make a great home base for your business and your employees. Visit our Port Moody Business Hub to find out what makes this place so special and how you can start or grow your business here.

Economic development master plan

The Port Moody Economic Development Master Plan builds on priorities and direction previously established by Council and the community. It sets out objectives and strategies that will help to achieve increased local employment, with a particular focus on knowledge-based employment that aligns with the skills and education of Port Moody residents.

Economic study

The City of Port Moody's Community Development Department commissioned KPMG Professional Services to do an economic study of Port Moody, which was finalized in February of 2022. Read the study. 

Economic snapshot

  • Land area: 26.21 square kilometres
  • Population: 33,535 in 2021, according to Statistics Canada's 2021 Census.
  • Value of building permits in 2024: $259 million
  • Business licenses issued in 2024: 2,639 
  • Major employers in 2024: Fraser Health, City of Port Moody, School District 43, Thrifty Foods, Tru Earth, Pacific Coast Terminals, Meiga Supermarket, Suncor

Spacelist

Visit Spacelist to explore the commercial spaces available for sale or lease in the City of Port Moody.

Start or expand your business

Are you looking to start or expand your business in Port Moody? Review our information about business licences, forms, and permits to find out what documents you need to get started. You may also want to check out the Tri-Cities Chamber of Commerce.