Economic Development Cowichan has developed a series of regional recovery indicators to track progress towards recovery in response to the unprecedented economic and social impacts of the COVID-19 pandemic on the region.
The report reveals some sectors of the Cowichan regional economy have been hard hit by the pandemic while others are doing well. Tourism, in particular, has suffered over the last 10 months. While employment levels across Vancouver Island have rebounded well, some residents are still struggling. Affordable housing and overall real estate inventory continue to be issues for the region.
“This series of quarterly dashboards will provide the data needed to make informed decisions and create effective recovery programs tailored to the needs of the Cowichan Valley,” noted Barry O’Riordan, manager of Economic Development Cowichan.
The Cowichan Regional Recovery Dashboard January 2021 can be found on Economic Development Cowichan’s website at ecdevcowichan.com.
This is the first in an ongoing series of recovery dashboards that Economic Development Cowichan will publish quarterly to help inform and guide the recovery efforts of local government, community organizations, businesses, and others.
The next dashboard will be published in April 2021.