Revelstoke's economy has traditionally been tied to the Canadian Pacific Railway (CPR) and it still maintains a strong connection to that industry. However, mining, forestry, government services and tourism now play an increasingly important role in Revelstoke's success. The city is served by [[Revelstoke Airport].
Revelstoke is also the location of the Revelstoke Dam which was constructed on the Columbia River, and completed in 1984. In 1986, to offset the economic effects of the completed hydroelectric project and the temporary closure of the local sawmill, the City of Revelstoke undertook a downtown revitalization program and it was completed with marked success.
A small ski resort featuring a single short lift has operated on Mount MacKenzie since the 1960s, and snow cat skiing was offered for higher altitudes. It was recently decided to expand the entire mountain into a single resort, and construction started in the early 2000s (decade).Revelstoke Mountain Resort opened in the winter of 2007/8. The resort will continue development, though economic conditions starting in late 2008 have deferred its initial plans. To date it boasts 3,031 acres (1,227 ha) of lift- accessed terrain, and the highest lift-serviced vertical in North America at 1713 meters (5620 feet)
