Employment in the Kootenays Falls for the First Time Since 2010

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CPAs say employment will pick up as new projects begin development in 2015 A new report by the Chartered Professional Accountants of BC (CPABC) indicates that the Kootenays’ labour market stumbled due to a weakened construction industry. “After three years of robust employment growth, overall employment in the region fell by 11.8 per cent in 2014, to approximately … [More]

RDI Releases Sparwood and Kimberley BRE Reports

The RDI is proud to announce the release of Business Retention and Expansion (BRE) reports for Sparwood and Kimberley. Nearly half of the businesses interviewed in Sparwood plan to expand within the next 3 years and local government and workforce quality were highlighted as key business climate assets. Over half of the businesses interviewed in Kimberley plan to expand within … [More]

Moderate Growth for Kootenay Economy

Helmut Pastrick, Chief Economist for Central 1 Credit Union, recently provided a presentation focused on an economic review and outlook of our provincial and regional economies. Mr. Pastrick’s presentation illustrated that moderate growth is expected for the Kootenay economy. Pastrick highlighted our national, provincial and regional economies are tied to the global economy. … [More]

RDI Explores Productivity and Innovation in the Metallurgical Sector

Interest in industrial “clusters” has grown under the realization that productivity and innovation seem to blossom in an environment where multiple interests operating within the same sector are arranged in a geographically condensed area. Promotion of industrial clustering has resulted in productivity booms and general improvements in economic conditions for the … [More]

Traffic Volumes Increasing by 1.5% per Year

Traffic volumes indicate demand on a component of our publicly-funded infrastructure, helping planners to properly design and construct transportation networks. Our roads are used for commuting, tourism, and transportation of goods, among other purposes. Traffic data can help us understand how shifts in the economy affect our communities and our transportation needs. Over … [More]