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Abbotsford: Where your business future begins

As the economic hub of the Fraser Valley, Abbotsford is one of British Columbia’s largest and most dynamic business centres.

With a population of over 164,000 and an 11.6% growth rate from 2016 to 2021, Abbotsford is the province’s fifth-largest city and the largest outside Metro Vancouver. This thriving urban centre is a key driver of the region’s economic prosperity.

“From small family businesses to large industries, our business community plays a vital role in making Abbotsford a great place to live, raise a family, work and invest,” says Ross Siemens, Mayor of Abbotsford. “City Council’s aim is to make Abbotsford a regional hub of creativity and innovation where talent and business thrive, and a city of choice for development and sustainable investment.”

The City of Abbotsford’s economic strength lies in its diverse business community, which includes key sectors such as aerospace, agriculture, agritech, food and beverage processing, aggregates, transportation and advanced manufacturing. Abbotsford’s agricultural industry is one of Canada’s most productive, while its aerospace sector is home to world-class companies advancing cutting-edge technologies. These industries benefit from a strong network of schools and training programs that produce a skilled workforce and attract investment.

“Council’s Business Retention and Expansion Strategy focuses on engaging with local businesses and industry sectors to support their long-term growth,” Mayor Siemens adds. “We understand the challenging economic climate and are committed to ensuring businesses know they have our full support.”

Abbotsford is home to more than 7,700 businesses, reflecting its vibrant entrepreneurial spirit. With more than $780 million in new construction projects and over 2,000 residential units approved in 2024, the city is poised for continued growth. Its central location, connectivity to major transportation networks and proximity to the United States and Asia-Pacific ports make it an ideal location for businesses seeking regional and global reach.

Discover why investing in Abbotsford is your best move at abbotsford.ca/economicdevelopment.

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