The Fraser Valley is increasingly being recognized as one of BC’s most important economic regions — and ensuring infrastructure, housing, and investment keep pace with growth was a major focus at the 2nd Fraser Valley Economic Summit, attended by FVREB’s Stakeholder and Government Relations Committee on May 21.
Leaders from across the region highlighted the Fraser Valley’s growing role as a transportation corridor, logistics hub, aerospace centre, trade gateway, and major population growth area. Speakers emphasized that continued growth depends on long-term investment in transportation infrastructure, housing-enabling utilities, and flood resilience.
Flood protection remained a key topic following the major flood events of 2021 and 2025. Statistics Canada estimated that the areas impacted around the Sumas Prairie (Abbotsford) and Chilliwack represent approximately 16% of the Fraser Valley’s regional economy, while a Senate report estimated agricultural losses at roughly $285 million. Beyond agriculture, the floods disrupted transportation routes and supply chains across the Lower Mainland.
Another key message throughout the summit was the need for stronger coordination and advocacy with senior levels of government to ensure the Fraser Valley’s priorities are clearly understood and supported. Speakers also stressed the importance of predictable infrastructure planning, regulation, and approval timelines to support long-term growth and investment.
As Miriam Bozman, CEO of the Mission Regional Chamber, noted: “We need to shift the mindset that the Fraser Valley is a self-sustaining economic engine.”
Stakeholder and Government Relations Committee