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Ottawa Business Leaders Positive About Growth Prospects

According to a recent survey of Ottawa business leaders, Canada’s capital city remains a great place to start and/or grow a business, as well as a great place for skilled workers to find a fulfilling job.  While it is not without its problems, the local business environment is healthy – especially for technology companies.

The Ottawa Business Growth Survey, published by the Ottawa Business Journal, analyzed 2017 input from over 1,000 business leaders found that:

More than two in five respondents say their organization plans to recruit new employees over the next year;

51 per cent of businesses said their net income was higher last year than in 2016;

The cost of doing business is perceived to be getting worse;

Nearly one-third of respondents say they plan to lease or buy bigger commercial space for their business;

Attracting new customers and recruiting skilled workers are among the most important issues facing local businesses;

The rising minimum wage is having a negative impact on more than two in five local businesses;

51 per cent of respondents approve of Mayor Jim Watson’s performance.

The survey can be downloaded here.

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