TORONTO, February 7, 2018 – Today the North Bay & District Chamber of Commerce, in partnership with the Ontario Chamber of Commerce (OCC) and other Chambers across the province released the second annual Ontario Economic Report (OER), a comprehensive analysis of data and emerging trends on the economic health of the province.
Original economic research from the report reveals that 77 per cent of Ontario businesses say access to talent remains the largest impact on their competitiveness and nearly half report a lack of confidence in the province’s economy. Meanwhile, a lack of confidence in their own ability to sustain profits continues to decline.
The OER includes data from the OCC’s Business Confidence Survey conducted by Fresh Intelligence, a Business Prosperity Index developed by the Canadian Centre for Economic Analysis (CANCEA), and a 2018 Economic Outlook prepared by BMO Financial Group. Continue Reading →