Economy
The traditional industrial sector in Port Moody is characterized by a deep-sea bulk loading terminal, two petrochemical distribution operations, a large wood products manufacturer, and a thermal electric generating station. Light industry, home-based business, and crafts and cultural businesses are also common in Port Moody, along with a growing health and social services sector.
Port Moody’s economic development focus in recent years has been on the arts and culture sector, including the development of a new Port Moody identity as the “City of the Arts.” An estimated 6% of employment in Port Moody is in arts and culture, which is one of the highest concentrations of arts and culture employment in the region.
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Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)