NEWS RELEASE
TIMMINS CHAMBER OF COMMERCE
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Today, The Chamber has officially launched its third-annual Business Confidence Index Survey to get the pulse of local business owners and operators and understand the level of confidence local entrepreneurs hold in future investments, expansion, and overall growth. The survey, which will run from July 6 to July 29, will also hope to provide guiding business principles and priorities to the candidates vying for a seat in the upcoming municipal elections this fall.
The report was first launched in 2019 to provide a new Timmins council and other interested parties with a snapshot of business satisfaction with city services in key areas crucial to their operation. This annual regional project will have now reached a considerable benchmark, having surpassed a full term—now informing what will be a new city council
"Business owners and operators have come to the other side of a colossal period of uncertainty since The Chamber first launched the survey in 2019," said Chamber President Rob Knox. "It is critical that we continue to engage with our membership to understand their financial health and wellbeing and their vision for Timmins so that we may make informed advocacy efforts on their behalf—ensuring that our socio-economic efforts remained viable for many years."
Primarily informed by small businesses under 30 employees, the 2021 Report indicated a solid hold in economic optimism among respondents. For the most part, the local economy remains in good health. At the time, the report cited massive workforce shortages, an overwhelming call for a housing strategy, and greater communication from the City of Timmins as some of the most significant business barriers. Now, as a municipal election approaches, hearing from owners and operators will be pivotal in determining what actions The Chamber will undertake going forward.
Businesses and organizations are encouraged to provide feedback anonymously by taking a brief, 30-question survey. All participants will be entered to win a $200 gift card.
Local businesses and organizations wishing to take the survey can find it here: click here.
To read the 2021 Business Confidence Report, click here.
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