2023 Courtenay Annual Report

Local Economy

Business License Revenue

Business Licencing Business License revenue and activity remained steady from 2022 to 2023. Intermunicipal business licences include both the Town of Comox and City of Courtenay. Intercommunity licences are intended for businesses operating in multiple jurisdictions. Participating communities include Campbell River, Comox, Cumberland, Duncan, Lake Cowichan, Ladysmith, Nanaimo, North Cowichan, Parksville, Port Alberni, and Qualicum Beach.

2019

2020

2021

2022

2023

City business licences:

1,833

1,124

1,345

1,270

1391

105

137

• New Applications*

1165

1254

• Renewals

Intercommunity licences:

208

313

400

434

401

71

54

• New Applications

363 310

347 308

• Renewals

Intermunicipal licences:

203

303

356

42

31

• New Applications

• Renewals 277 * Tracking of new business licence applications vs renewals commenced in 2022. Data not available for 2019-2021. 310

61

City of Courtenay | 2023 Annual Report