While 65.1 per cent of businesses are optimistic about their economic future, Calgary businesses continue to face several headwinds, with affordability and inflation becoming increasingly concerning over the past three months, according to the Q3 Canadian Survey on Business Conditions. The survey was conducted by Statistics Canada in collaboration with the Canadian Chamber of Commerce.
City administration previewed its 2023-2026 Service Plans and Budget, providing a behind-the-curtain look at what may be coming down the pipe later this year. Noting household expenditures have increased 7.4% for the average Albertan this year, Administration is focused on maintaining affordability, while continuing to invest in Calgary’s future, including an additional $4.4 billion in capital projects.
Implementation of the Calgary Climate Strategy requires consultation and collaboration with the business community to ensure predictability, certainty, and meaningful participation from businesses.
The Q2 Canadian Survey on Business Conditions indicates economic recovery will be uneven across sectors, with challenges exacerbated by an ongoing nationwide talent crunch combined with continued cost pressures and supply chain challenges.
Over nine in ten businesses in Calgary are small businesses and together, they bring vital jobs, products, services, and vibrancy to our city. The Calgary Small Business Awards celebrate entrepreneurs that see opportunity, take risks, and work hard to make their business ideas a reality.
The Calgary Office Revitalization and Expansion (CORE) Working Group report released today provides clear direction for advancing downtown revitalization, a key lever to accelerate economic recovery and increase vibrancy.
The federal budget prioritizes economic recovery, energy transformation and climate change, and affordability but falls short of a clear vision for Canada as the destination of choice for talent, innovation, and investment.
Canada's path to net-zero emissions must be collaborative, enabling investor confidence and regulatory certainty while being accompanied by increased investment in emissions reductions technology.
With pandemic recovery on the horizon, Alberta Budget 2022 reflects future-focused investments to spur economic growth and support diversification across several sectors.