Economic Development

Central Saanich works hard to ensure the community is an attractive place to operate a business--we have the lowest commercial tax rate in the region and no business licence fees. In 2024, Central Saanich was named the most economically resilient city in BC by BCBusiness Magazine. 

We are working to protect existing tax bases and maximize economic opportunities in the Keating Business District, which is a vital local and regional economic driver. This industrial and commercial land base in Central Saanich supports local businesses and jobs, generates revenue, and contributes to a diversified tax base. The area currently supports 3,140 jobs in industries, including wholesale trade, manufacturing, transportation, warehousing and logistics, and construction. A recent (2017) business analysis of the area provided an overview of strategic benefits and provided a framework for retaining, enhancing, and growing the employment lands. Based upon the study and growth projections, there is the potential to generate 3,470 new jobs over 25 years (to 2041). The final implementation plan is available here.