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flag Nanaimo, BC, faces rapid growth, needing economic diversification to support its expanding population.

flag Nanaimo, British Columbia, is facing rapid population growth, projected to reach 120,200 by 2029, with a median age of 44.4 years. flag The city's economy needs diversification, particularly in STEM jobs and education, to support the growing and aging population. flag Housing demand is shifting towards affordable rental properties and apartments, with a 23% increase in rental households expected by 2029. Business licenses have risen by 8.3%, but the city must adapt to maintain economic resilience.

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