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:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“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)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)