The Downtown Eastside Street Market at Pigeon Park on Carrall Street

Community Economic Development (CED) Strategy

The City of Vancouver and partners are implementing the Community Economic Development (CED) Strategy (2 MB), which was co-created in 2016 by the City and communities to help meet goals in the Downtown Eastside Plan, the Healthy City Strategy, and other directives. 

What is Community Economic Development?

CED empowers communities to shape how the local economy provides for residents and impacts their lives. It asks what kind of community is created and sustained by the local economy, and how to include the people left out.

We all play a part to create an economy that's more just, equitable, and sustainable.

Local businesses, industries, and economic sectors help by:

  • Creating diverse, inclusive employment
  • Adapting to challenges
  • Being proactive, prepared, and resilient

Residents, activists, and organizers help by identifying when the economy fails vulnerable and at-risk people, and identifying and developing solutions. 

About the CED Strategy

The strategy was co-created in 2016 by staff and the Community Economic Development Strategic Action Committee (CEDSAC) – a group of 35 community groups, businesses, residents, and other local stakeholders.

CEDSAC has since grown into a separate organization called Exchange Inner City , which is the City’s lead partner on implementing the CED Strategy.

How the strategy works

The CED Strategy’s projects, partnerships, and programs are helping to advance our work on poverty reduction, affordability, equity, and other key areas of concern. 

Projects and progress

The City, Exchange Inner City, and other partners have initiated a number of projects from the CED Strategy. View a few examples of implementation highlights below.

Binners' Project

This group is dedicated to improving their economic opportunities and reducing the stigma they face as informal recyclable collectors.

Embers Eastside Works

An income generation hub located in a City-owned space provides services and opportunities to anyone looking to connect to work.

Informal vending

The DTES Market and DTES Women's Market is a safe and legal vending space, providing low-barrier income generating opportunities.

Community Impact Real Estate Society (CIRES)

The City worked with the Vancity Community Foundation and BC Housing to develop a social purpose real estate vehicle.

Related initiatives

Poverty Reduction Plan

The City is committed to creating a poverty reduction plan to raise incomes and reduce the number of Vancouverites struggling to make ends meet.

Community Benefit Agreements Policy

Community Benefit Agreements provide more jobs and training for local residents and ensure diverse local businesses thrive.

Contact the CED planner

Do you have a great idea for community economic development? Have questions?