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Summary of the OCC’s Ontario Economic Report

The Ontario Chamber of Commerce (OCC) has released their seventh annual OER, which is intended to offer a unique perspective on the experience of businesses of all sizes across the province. Outlined in this article are key findings on the Kingston-Pembroke region.

the Ontario Chamber of Commerce released its seventh annual Ontario Economic Report (OER). The 2023 OER contains regional and sector-specific data on business confidence, public policy priorities, regional forecasts, and timely business issues such as employee health and well-being, climate change, succession planning, diversity and inclusion, reconciliation, and remote work. Read the report.

 

While business confidence has dropped to a new low, 53 percent of businesses are optimistic about the outlook and growth prospects of their own organizations, as high employment rates and population growth should prevent a sharp decline in consumer spending. Read the release.

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