Economy
As a primarily residential area, approximately 85% of Pitt Meadows residents commute to work beyond its borders. Within the community, the largest employment sectors are, in order of importance: Primary (20%); Education and Health (19%); Accommodation, Food, and Beverage (16%); and Construction (9%).
In addition to the commercial activity that already exists in Pitt Meadows, a new retail shopping centre has been built on the border with Maple Ridge. This new shopping center includes a Real Canadian Superstore, Jysk/Winners/Homesense, Michaels, SportChek, Tim Hortons, a Telus retailer, as well as Bell, EB Games, a Liquor Store, a Cineplex Odeon, and a La Vie En Rose. Despite recent additions to its non-agricultural economy, 86% of the Pitt Meadows landmass is located within the province's Agricultural Land Reserve.
Major agricultural products include cranberry and blueberry farms as well as a number of specialty green-houses growing cut flowers and specialty peppers.
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Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)