Within days of the disaster, the US Marine Inspection Service launched an investigation into the incident.
A second investigation was launched by President Theodore Roosevelt.
Its purpose was twofold: one, to determine the causes of the disaster, and two, to recommend how to avoid such loss of life in the future.

The investigation ran from 14 February to 1 March 1906, and the final report was published on 14 April 1906.
The reports agreed on the causes of the disaster — navigational mistakes and poor weather.
Safety equipment was, for the most part, in working order, but lifeboat drills had not been carried out.
According to the report, the crew of the rescuing vessels did as much to help Valencia as could be expected under the circumstances.

The loss of life was attributed to a series of unfortunate coincidences, aggravated by a lack of lifesaving infrastructure along Vancouver Island's coast.
The federal report called for the construction of a lighthouse between Cape Beale and Carmanah Point, and the creation of a coastal lifesaving trail with regularly spaced shelters for shipwrecked sailors.
It also recommended that surfboats be stationed at Tofino and Ucluelet and that a well-equipped steamboat be stationed at Bamfield.
The Government of Canada immediately set to work building a lighthouse and trail; in 1908, the Pachena Point Lighthouse was lit, and in 1911 work on the trail – later known as the West Coast Trail – was completed.

Estimates of how many people died in the sinking vary; some sources list that 117 people were killed, while others claim that the number of fatalities was as high as 181.
According to the federal report, the official death toll was 136 persons.
Only 37 men survived, and every woman and child on Valencia died in the disaster.

In 1933, 27 years after the disaster, Valencia's lifeboat No.
5 was found floating in Barkley Sound.
Remarkably, it was in good condition, with much of the original paint remaining.
The boat's nameplate is now on display in the Maritime Museum of British Columbia.

Coincidentally, Valencia's sister ship Caracas, was also wrecked.
On 9 December 1888, shortly after arriving on the west coast as Yaquina Bay, she broke free from her tugboat, ran aground at the bay of her namesake and was declared a total loss.
Within days of the disaster, the US Marine Inspection Service launched an investigation into the incident. A second investigation was launched by President Theodore Roosevelt. Its purpose was twofold: one, to determine the causes of the disaster, and two, to recommend how to avoid such loss of life in the future.
The investigation ran from 14 February to 1 March 1906, and the final report was published on 14 April 1906. The reports agreed on the causes of the disaster — navigational mistakes and poor weather. Safety equipment was, for the most part, in working order, but lifeboat drills had not been carried out. According to the report, the crew of the rescuing vessels did as much to help Valencia as could be expected under the circumstances.
The loss of life was attributed to a series of unfortunate coincidences, aggravated by a lack of lifesaving infrastructure along Vancouver Island's coast. The federal report called for the construction of a lighthouse between Cape Beale and Carmanah Point, and the creation of a coastal lifesaving trail with regularly spaced shelters for shipwrecked sailors. It also recommended that surfboats be stationed at Tofino and Ucluelet and that a well-equipped steamboat be stationed at Bamfield. The Government of Canada immediately set to work building a lighthouse and trail; in 1908, the Pachena Point Lighthouse was lit, and in 1911 work on the trail – later known as the West Coast Trail – was completed.
Estimates of how many people died in the sinking vary; some sources list that 117 people were killed, while others claim that the number of fatalities was as high as 181. According to the federal report, the official death toll was 136 persons. Only 37 men survived, and every woman and child on Valencia died in the disaster.
In 1933, 27 years after the disaster, Valencia's lifeboat No. 5 was found floating in Barkley Sound. Remarkably, it was in good condition, with much of the original paint remaining. The boat's nameplate is now on display in the Maritime Museum of British Columbia.
Coincidentally, Valencia's sister ship Caracas, was also wrecked. On 9 December 1888, shortly after arriving on the west coast as Yaquina Bay, she broke free from her tugboat, ran aground at the bay of her namesake and was declared a total loss.
SS Valencia