Forestry, mining, retail and agriculture have always anchored the economy of Kamloops as core, or driver, industries. Today, the emerging areas of technology, bioenergy, sustainable industry and tourism are strengthening our economic base and contributing to the city’s dynamic growth.
Kamloops’ economy is strong and will likely continue to grow moderately over the next five years. Kamloops is home to the province’s first recreational cannabis shop — and more are on the way.
Assuming 10 recreational cannabis stores open in Kamloops, with about three full-time positions each, Ernst and Young estimates the industry could result in 36 jobs (when also including spinoff jobs resulting from those stores) and about $4.8 million in operational spending from the businesses.
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