Manitoba Chambers of Commerce Release 2018 Manitoba Business Outlook Survey

Dec 11, 2018 | Chamber News

Creating a more competitive business climate in Manitoba is one of the key outcomes of a survey of close to 500 business leaders from across the province provided to the Manitoba Chambers of Commerce (MCC).

The results of the 2018 Manitoba Business Outlook Survey, done in partnership with Manitoba Building Trades and CPHR Manitoba, mirrors the slow and steady approach of government, with a majority of respondents (71%) feeling the province is moving in the right direction, yet there is a lack of confidence towards significant growth to their businesses.

“Some of the results should give business and government cause for concern,” said Chuck Davidson, president & CEO of the Manitoba Chambers of Commerce. “Businesses are historically optimistic about their growth, yet only 27% of respondents expect to increase their workforce in 2019. The cool forecast for growth points to the challenges highlighted in the survey including the rising cost of doing business and the difficulty in finding skilled workers.”

As the provincial government hits the midway point in its mandate, only 54% of respondents agree that Manitoba’s business climate is competitive with other provinces. Business leaders cited reducing red tape (23%), reducing business/payroll taxes (22%), and lowering taxes for consumers (15%) as suggestions to improve Manitoba’s competitiveness.

“The survey results show significant support for a full provincial review of taxes (85%),” added Davidson. “We (MCC) have made this suggestion to government on numerous occasions, so to have this overwhelming majority in support of that call will strengthen our resolve.”

To read the complete 2018 Manitoba Business Outlook Survey, click here.

Similar Posts

Advertisement

advertisement advertisement

SOCIAL

This year’s #MBBizOutlookSurvey features questions in eight categories, including economic competitiveness, business performance, and labour force, with targeted questions on the impact of inflation and the importance of trade.

We want to hear from you: http://ow.ly/bzVC50LVuA3

This year, CME Manitoba is offering 𝗧𝗛𝗥𝗘𝗘 𝗦𝗖𝗛𝗢𝗟𝗔𝗥𝗦𝗛𝗜𝗣𝗦 to students pursuing a potential career in manufacturing. https://bit.ly/3Sa5PsP

Do you have a university student at home? Applications accepted until 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟭𝟱, 𝟮𝟬𝟮𝟯!