A new reports finds that the number of active businesses in British Columbia had dropped by 5.1 per cent in October 2020 compared to 2019. (THE CANADIAN PRESS/Adrian Wyld)

A new reports finds that the number of active businesses in British Columbia had dropped by 5.1 per cent in October 2020 compared to 2019. (THE CANADIAN PRESS/Adrian Wyld)

New report finds COVID-19 pandemic cut B.C.’s hospitality jobs in half

Some 14,000 businesses closed during height of pandemic

A new report finds that the COVID-19 pandemic, at its height, displaced one in every two hospitality jobs.

The finding appears in BC Check-Up: Invest, an annual report prepared by the Chartered Professional Accountants of British Columbia (CPABC). “While (the service sector) has rebounded, some industries continue to struggle, especially those that require close human interaction or working in physical spaces.”

The report finds that the pandemic has “devastated industries” that require high customer density and close interaction, a prerequisite for much of the service sector, and predicts that it could take several years for the province to recover from the COVID-19 pandemic.

“After years of tight labour market conditions, the trend reversed in (British Columbia) as a result of the COVID-19 pandemic,” it reads. “While there has been a recovery from April lows as businesses began to reopen and government support came into place, many formerly employed individuals have struggled to return to their position, and new entrants have found few opportunities.”

RELATED: Employment data shows B.C. resilient, says minister, but Liberals unimpressed

The report finds that the number of active businesses in British Columbia had dropped by 5.1 per cent in October 2020 compared to 2019.

“When the COVID-19 pandemic first hit B.C., the ensuing business restrictions reduced active businesses by over 14,000 between March and May 2020,” said Lori Mathison, president and chief executive officer of CPABC.

“Thankfully, the situation improved over the summer and into the fall. However, the number of active businesses remained down by over 6,600 in October, and some industries are disproportionately affected.”

Looking at Greater Victoria, the report finds that Greater Victoria’s job losses concentrated in the service sector. Affected industries include accommodation and food; information, culture and recreation; and other services.


Do you have a story tip? Email: vnc.editorial@blackpress.ca.

Follow us on Twitter and Instagram, and like us on Facebook.

wolfgang.depner@peninsulanewsreview.com

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Four young women prepare to model Magic Wand dresses at a fashion show. Magic Wand provides grad dresses and tuxedos for a nominal fee. (Submitted File Photo)
Nominations available for Cindrella Dreams Program in Vanderhoof

New organizer excited to help graduates with formal wear

Photo collage of loved ones lost to substance use and overdose. (Photo courtesy Moms Stop The Harm)
B.C. overdose deaths still rising 5 years after public health emergency declared

Moms Stop the Harm calls on B.C. to provide safe supply in response to deadly illicit drug use

District of Vanderhoof municipal office. (Aman Parhar/Omineca Express)
Vanderhoof district rejects FOI request for business name

Officials will release more information about the restaurant on May 21

Demonstrators at the legislature on April 14 called on the province to decriminalize drug possession and provide widespread access to regulated safe supply across B.C. (Jake Romphf/News Staff)
Rally calls for decriminalization, safe supply on 5th anniversary of overdose emergency declaration

From 2016 to the end of February, 7,072 British Columbians died due to overdose

(Government of Canada)
Liberal MP caught stark naked during House of Commons video conference

William Amos, in Quebec, appeared on the screens of his fellow members of Parliament completely naked

Provincial health officer Dr. Bonnie Henry updates B.C.’s COVID-19 situation at the B.C. legislature, Feb. 1, 2020. (B.C. government)
B.C.’s COVID-19 case count jumps to 1,168 Wednesday, nearly 400 in hospital

Now 120 coronavirus patients in intensive care, six more deaths

Moss covered branches are seen in the Avatar Old Growth Forest near Port Renfrew on Vancouver Island, B.C. Thursday, Sept. 29, 2011. THE CANADIAN PRESS/Jonathan Hayward
B.C. blockades aimed at protecting old-growth forests reveal First Nation split

Two Pacheedaht chiefs say they’re ‘concerned about the increasing polarization over forestry activities’ in the territory

Richmond RCMP Chief Superintendent Will Ng said, in March, the force received a stand-out number of seven reports of incidents that appeared to have “racial undertones.” (Phil McLachlan/Capital News)
‘Racially motivated’ incidents on the rise in B.C’s 4th largest city: police

Three incidents in Richmond are currently being invested as hate crimes, says RCMP Chief Superintendent Will Ng

Commercial trucks head south towards the Pacific Highway border crossing Wednesday (April 14, 2021). The union representing Canadian border officers wants its members to be included on the frontline priority list for the COVID-19 vaccine. (Aaron Hinks photo)
CBSA officers’ union calls for vaccine priority in B.C.

Border officers at ports including, YVR and land crossings should ‘not be left behind’

A still from the video taken of a violent arrest on May 30, 2020 in downtown Kelowna. (File)
Kelowna Mountie charged with assault for caught-on-camera violent arrest

Const. Siggy Pietrzak was filmed punching a suspected impaired driver at least 10 times during an arrest

A screenshot from a Nuu-chah-nulth healing song and performance created in collaboration between Hjalmer Wenstob and Timmy Masso. (Screenshot from YouTube)
VIDEO: Tla-o-qui-aht First Nation brothers produce COVID-19 healing song

Hjalmer Wenstob and Timmy Masso share dance and inspiration.

Most Read