Yes and no. It depends on what you want to do in the industry.
I took the full-time acting program there in the mid 90’s when the school first started. The programs were all in their infancy then and there was plenty of work that needed to be done. Since then I’ve since taken some part-time filmmaking courses there and have enjoyed them and leaned a lot.
I hear the multimedia and web dev programs are great there, but if it’s work in the film industry in Vancouver you want just start as a P.A. and skip film school. It’s easy to get work as a P.A. and then figure out what it is you want to do from there and make money doing it. Film school doesn’t teach you what you really need to know to work on a film set only experience will help you there.
You can download the productions list at the Director’s Guild of BC site: http://dgcbc.com/productions.pdf (I’m a DGC member and sometimes hire folks) or the film list at the BC Film Commission site: http://www.bcfilmcommission.com/about_us/film_list.htm
Look at the list every week (the DGC updates on Fridays) and fax your resume and a cover letter expressing your desire to start work in the film industry care of the A.L.M. (Assistant Location Manager) on every show.
You will get work.
This is a slow time of year so be persistent and patient. Good luck.