Penticton just scored some more bragging rights, business-wise, to add to the recent Open for Business award the city received last month.The city has made some significant gains in ranking in the latest Communities in Boom report from the Canadian Federation of Independent Business, which was released Monday. “Penticton has broken the top 25 communities in Canada,” said Mayor Garry Litke. “We are now one of the top 25 entrepreneurial cities in Canada, and we have been ranked No. 1 in B.C. for small business. “That’s a huge jump over last year. Last year we were just behind Kelowna, 42nd in the country.” Penticton 2012 scores in the Communities in Boom report placed the city third in the province, behind Kelowna and Prince George. But the huge jump in the 2013 score not only bumped Penticton to the top of the B.C. list, it pushed the city 17 rungs up the ladder to #25 in Canada. “We increased our scores in small business presence, perspective and policies and we are now ahead of larger centres like greater Vancouver,” said Litke, adding that the CFIB noted the reduction in red tape, improved access to city services, generally improved customer service as factors in the better score. Penticton scored 59.6 out of a possible 100 points, and strong scores in all three major categories, presence, perspective and policy. The top entrepreneurial city in Canada earned 67 points. Penticton also finished ahead of larger centres like Greater Vancouver, 41; and Calgary, 48; in addition to outperforming other cities from the B.C. Interior, including Kelowna, which ranked 28 this year, Vernon, 47; and Kamloops, 84. (more)
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| http://www.cfib-fcei.ca/english/article/5543-communities-in-boom-canada-s-top-entrepreneurial-cities-2013.html |
By Emma Crawford Mon Oct 21, 2013 8:48am PST
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| 2013 |
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| 2012 |
Vernon in 2012 was rated 79th in Canada with a 50.4 score.
Vernon in 2013 was rated 47th in Canada with a 55.1 score.
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| 5 Year Trend from CFIB Studies |
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