Roadmap to Resiliency: COEDC Strategy
2025 to 2030
The COEDC Strategy 2025 to 2030 builds on regional strengths and pursues top investment opportunities to support a thriving regional business environment.
The Strategy positions the Central Okanagan for economic growth and resilience amid changing conditions, providing a roadmap based on regional assets and existing economic development programs. Four Strategic Directions emerged to drive sustainable growth and position the region as a major economy in Western Canada.
- Economic Reconciliation
The Regional District of Central Okanagan (RDCO) acknowledges our presence on the traditional, ancestral and unceded tmxwúla?xw (land) of the syilx/Okanagan people who have resided here since time immemorial. We recognize, honour and respect the syilx/Okanagan lands upon which we live, work and play.
The Regional District of Central Okanagan’s Economic Development Commission is committed to fostering economic reconciliation. The COEDC Strategy 2025 to 2030 will be implemented in alignment with the Declaration on the Rights of Indigenous Peoples Act. The directions and actions outlined in this strategy are deeply rooted in collaboration with the syilx/Okanagan people and will be implemented collaboratively to support economic independence and reconciliation.
- Central Okanagan Economic Development Commission
The Central Okanagan Economic Development Commission (COEDC) is a function of the Regional District of Central Okanagan and provides economic development services to the following communities:
• District of Peachland
• City of West Kelowna
• Westbank First Nation (WFN)
• City of Kelowna
• District of Lake Country
• Central Okanagan East and WestMandate
The COEDC works to foster the development of a healthy, dynamic and resilient community economy by supporting existing businesses and encouraging new business investment in the Central Okanagan.- Advisory Committee
With an Advisory Committee made up of 45+ influential industry leaders, community shapers and elected officials, the COEDC stays informed of challenges and opportunities facing the regional business community.
Strategic Directions
Comprehensive community engagement and economic analysis established a regional vision, guiding the development of renewed strategic directions. The Strategic Directions provide an overall framework for operational actions, potential key performance indicators (KPI’s), and COEDC’s recommended role.
The Strategy has been developed in alignment with the projected resources outlined in COEDC’s 5-year financial plan, as well as anticipated grant and partnership funding opportunities. The Strategy is adaptable to respond to economic uncertainties and opportunities that may arise over the next 5 years. While specific economic disruptors, such as pandemics, tariffs, or trade agreements, cannot be predicted, operational actions will address regional needs based on current economic conditions.
Drive Economic Resilience
Build a Skilled Workforce
Promote Innovation
Grow Export-Focused Industries
Annual Activity Reports
The COEDC Strategy 2025 to 2030 provides a roadmap to guide annual operational activity. These activities build on regional strengths and are developed to address regional needs based on current economic conditions.