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World : North America : Canada : British Columbia : Victoria city regional capital : economy

Victoria city (regional capital), economy - - Pictures


Service industries form the basis of Victoria's economy. These include business, community, personal, educational, and professional services supporting the government, military, retirement, and university sectors, as well as seasonal tourism. Although some high-technology industries are thriving, older primary and secondary manufacturing industries—such as sawmills and shipbuilding—have virtually disappeared. So, too, have traditional transportation networks: The Esquimalt-Nanaimo Railway, which once served Vancouver Island, now runs only occasionally. The Canadian Pacific Railway's steamship service has been eliminated. In its place are the multilane Island Highway, an expanded air terminal, and, since 1960, the British Columbia ferry service.
Microsoft® Encarta® Online Encyclopedia 2001
http://encarta.msn.com © 1997-2001 Microsoft Corporation. All rights reserved.
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World : North America : Canada : British Columbia : Victoria city regional capital : economy

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