Victoria, British Columbia local economy

35th

percentile among Canada metros

▼ -0.7 3-month trend

Victoria, British Columbia ranks in the 35th percentile of Canada metro areas as of September 2026, with momentum falling over the past 12 months.

Building permits

Dwelling units authorized by permit was 195 in June 2026, down 39.3% from May 2026 and down 27.2% from June 2025.

Employment

Payrolled or covered employment was 228,200 in August 2026, flat 0.1% from July 2026 and down 5.3% from August 2025.

Dwelling units authorized by permit was 195 in June 2026, down 39.3% from May 2026 and down 27.2% from June 2025. Payrolled or covered employment was 228,200 in August 2026, flat 0.1% from July 2026 and down 5.3% from August 2025. No current data is available for New business applications or registrations in Victoria, British Columbia.

Frequently asked questions

How does Victoria, British Columbia rank among Canada metro areas?
Victoria, British Columbia ranks in the 35th percentile of Canada metro areas as of September 2026, with momentum falling over the past 12 months.
What is the dwelling units authorized by permit in Victoria, British Columbia?
Dwelling units authorized by permit in Victoria, British Columbia was 195 in June 2026.
What is the payrolled or covered employment in Victoria, British Columbia?
Payrolled or covered employment in Victoria, British Columbia was 228,200 in August 2026.

Nearby and related

Sources and methodology

Method: 2026.09. Updated 2026-09-10. Coverage: 70% of weighted components available.

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Victoria, British Columbia local economy score, via LocalEconomy.com
<a href="https://localeconomy.com/ca/metro/victoria-british-columbia/" target="_blank" rel="noopener"><img src="https://localeconomy.com/badges/ca/victoria-british-columbia.svg" width="320" height="110" alt="Victoria, British Columbia local economy score, via LocalEconomy.com" /></a>

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Victoria, British Columbia local economy indicators. LocalEconomy.com. Retrieved 2026-10-09 from https://localeconomy.com/ca/metro/victoria-british-columbia/