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Situated on the southern end of the Vancouver Island, Victoria is the capital of British Columbia. It is a major tourist destination, receiving approximately 3.65 million visitors each year. It is also an important cruise ship port. Owing to the presence of Canadian Forces Base Esquimalt, the main Pacific naval base of the Canadian military, in its vicinity, the city gets a number of economic benefits In the year 2006, the population of Victoria City was estimated to be 78,659. About 6.8% of the population is over the age of 80. As per the census, 17.8% of the population is more than 65 year old. Thus, the retiree population is quite high in Victoria.
