Businesses Bullish On Local Economy

Prince George, BC, Canada / CKPG-TV
Businesses Bullish On Local Economy

Business operators in Prince George continue to be bullish about the city’s economic prospects according to a study released today by the City of Prince George. Sixty-five business people were in recent months in the first Business Outreach Program conducted by the City of Prince George. The results were released  to the public during a Chamber of Commerce luncheon this afternoon.

“Most local business people told us that, over the past few years, the economic conditions have continued to improve. However, some were worried about the political landscape and its effects on the economy following both the American elections and the BC provincial election,” says Barcellos. “Many companies are holding off expansion plans and hiring new employees until next year, but they remain optimistic that, with a stable political environment, Prince George’s economy will continue to prosper.”

The report found that two-thirds of companies expect the number of full-time staff for increase in the next three years and the vast majority don’t see challenges with employee retention.

Participating companies were selected to represent diverse business sectors in Prince George, including retail, construction, manufacturing, and food services. Organizations based mostly or entirely in the public sector were excluded.

A full copy of the report can be see at: Business Outreach Program

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