More accolades have been awarded to the City of Langford as BC Business Magazine has voted it the Most Resilient City and Best Place for Work in 2022.
BC Business Magazine carried out the rankings, considering a multitude of factors including economic diversity, population growth, household financial vulnerability, resident sense of belonging, residential gas emissions, rental vacancy rate, residential sales, housing starts, change in jobs and annual unemployment rate. The report also factored in social and environmental resilience.
It marks the second year in a row that Langford has claimed both awards from BC Business Magazine.
The awards were the eight annual Best Cities for Work in B.C. and Most Resilient City surveys and BC Business Magazine says it consulted several experts to reveal the pandemic’s uneven impact on industries and regions. The state of the tourism, real estate sectors and the shift to working from home figure prominently in their evaluation.
The City of Langford came out atop the list for the second year in a row.
According to BC Business Magazine, the survey reported on 50 of the province’s largest communities based on a set of 10 indicators provided to the publication from research partner Environics Analytics.
One of the new indicators examined rental vacancy rates as a barometer for housing availability, and an economic diversity indicator – considers how well-represented different industries are among the city’s employed residents.
READ MORE: Langford named most livable place in Canada
“Although the last couple of years continues to be challenging for both residents, business owners and employees, this ranking is a strong signal that we continue to move in the right direction,” said Langford Mayor Stew Young.
“Throughout the COVID-19 pandemic, the City has continued its work to spur investment and new development in Langford’s core commercial areas. As a community, we collectively continue to support each other as a resilient, diverse, and strong community. Everyone should be very proud of this accomplishment and recognition.”
This marks another feather in the cap following a handful of awards that Langford has been recognized for in recent years. These awards include Best Community in BC and 18th Best Community in Canada by Maclean’s Magazine, Most Liveable City in Canada, by RATESDOTCA, and Economic Resiliency and Recovery Award for a population over 20,000 by the BC Economic Development Association.
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