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Latest from the Chamber

Stay up to date on what the Chamber is working on. From advocacy wins and policy news to event announcements and community highlights, this is where you’ll find the latest from the Regina business community.

CANADIAN TAXPAYERS FEDERATION REPORTS ON 2023 TAX CHANGES

The Canadian Taxpayers Federation recently released its annual New Year’s Tax Changes report which highlights the major tax changes in 2023.

STATISTICS CANADA SURVEY INDICATES EMPLOYMENT GROWTH IN DECEMBER 2022

Statistics Canada released the results of its Labour Force Survey for December 2022 today and the numbers indicate that employment rose by 0.5% while unemployment declined 0.1 percentage points.

BMO BELIEVES INFLATION, RATE HIKES & FALLING HOME PRICES TO CONTINUE IN 2023

Bank of Montreal economists believe Canada is likely facing another year of inflated inflation with at least one more interest rate hike.

REGINA BUSINESSES OPEN FOR LAST-MINUTE SHOPPING

As Christmas Day quickly approaches, retail outlets in Regina have been busy with shoppers looking for last-minute gifts. Despite the challenges caused by Canada’s high inflation rate, Regina residents are supporting local businesses.

A HOLIDAY MESSAGE FROM CEO TONY PLAYTER

The magic of the holiday season provides us with additional quality time to connect with family and special friends. While the last few years have changed some of our holiday traditions, it has also created an increased appreciation for what is truly important in our lives.

EMPLOYERS CAN BOOST WORKPLACE WELL-BEING WITH THE RIGHT PLAN

Businesses are finding that employees are dealing with social anxiety which impacts their work performance. There are ways for employers to boost the well-being of their employees but they must be careful when implementing new strategies for mental and physical well-being.

SURVEY INDICATES MANY CANADIANS LOOKING TO CHANGE JOBS IN 2023

A recent survey by Robert Half, a business consulting firm, indicates many Canadians are looking to change their job in 2023.

WHY WORKPLACE DIVERSITY IS GOOD FOR BUSINESS

By having a diverse workforce, businesses can improve its recruitment, international sales and boost profits.

BOC INCREASES POLICY INTEREST RATE BY 50 BASIS POINTS, CONTINUES QUANTITATIVE TIGHTENING

The Bank of Canada today increased its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is also continuing its policy of quantitative tightening.

INFLATION IS HAVING A NEGATIVE IMPACT ON HOLIDAY SPENDING

Given the detrimental effects of inflation, the holiday season isn’t quite as jolly this year. The Angus Reid Institute, a national not-for-profit public opinion research organization, released a report this morning indicating that inflation is not only curbing Christmas spending but also harming charitable donations.

ECONOMISTS OPTIMISTIC INFLATION WILL SLOW DOWN IN COMING MONTHS

With one final policy rate to come this year, economists believe that Canada’s inflation rate with begin to decline in the coming months. The Bank of Canada has delivered six consecutive rate hikes this year, all done with the goal of bringing inflation under control. It’s expect the Bank of Canada will deliver its final policy rate on Dec. 7.

GET READY FOR THE 2022 GREY CUP FESTIVAL

While we don’t know who will be playing in the Grey Cup game on Sunday, November 20 at Mosaic Stadium, we do know what will be going on in Regina during the Grey Cup Festival.

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