Bedroom community West Vancouver could soon be waking up to business, density

West Vancouver lost nearly 900 citizens from 2015 to 2016 the largest year-over-year decrease of any B.C. municipality with over 15,000 people but the District's manager of economic development says that's no surprise.

Stephen Mikicich says with no industry, little business infrastructure, an aging population and sky-high housing costs, things will need to change for the community to remain viable.

"Even our current official community plan describes West Vancouver as a residential community, which in some respects really reinforces its character as a bedroom community," he told On The Coast host Stephen Quinn.

• West Vancouver population drop causes concern

"Within that are associated very conservative and restrictive land-use policies. So we haven't really planned or put in place the tools we need to deliver the multi-family housing and options our community really needs."

Mikicich says there is a recognition that "thoughtful change" is required.

The community plan is under review and there is a focus on diversifying the economy to attract visitor spending and make it more friendly to new businesses.

• West Vancouver seeks higher tax rate for investment properties

"Our tax base is 93 per cent residential. Off the top of my head, a goal might be to bring that down to 75 per cent," he said.

Mikicich says West Vancouverites have built a nice quality of life for themselves in the community, and change is looked at with skepticism. He says West Vancouver shouldn't become a metropolis, but changes are needed.

• West Vancouver puts 'locals first' in new housing plan

He says efforts going forward will be focusedon increase rental housing, increase density and provide employment opportunities, especially in tech and tourism.

With files from CBC Radio One's On The Coast

To hear the full interview, click the audio labelled:West Vancouver needs density and new business to thrive, official says