COEDC Newsletter

May 11

Written By COEDC RDCO

Central Okanagan Economic News(letter)

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Economic Development News(letter)

May 11th, 2023

Q1 2023 Economic Indicators

The Q1 2023 Economic Indicators report includes cumulative statistics for 9 key economic indicators for January through March 2023.

Q1 2023 saw a 217.7% increase in new housing starts in the Central Okanagan, with multi-family homes accounting for 91% of these starts.

Check out the rest of the economic indicators below!

Economic Indicators

Applications Now Open!

Investment Agriculture Foundation of BC is happy to share a new funding opportunity!

The Perennial Crop Renewal Program (PCRP) supports producers to remove unproductive, diseased, or unmarketable cultivars and to adopt growing systems that are better suited to environmental conditions and market demands.

The goal of the program is to increase the competitiveness and resiliency of the BC agri-food economy in domestic and global markets. It will provide up to $15 million to help farmers adapt to environmental and market conditions by supporting the removal, diversification, or planting of new perennial crops.

Learn More

Wage Subsidy Funding for Youth

The Get Youth Working! Program offers eligible employers in BC a negotiated wage subsidy as an incentive to hire eligible youth age 16 to 29.

You conduct your own recruiting. At any time during the recruiting process you can complete and submit an online application, which can be completed in less than 5 minutes. The approval process is quick and easy. If you and your proposed new hire meet the program criteria, you are eligible for the funding.

For program information click the button below, call 877.866.3100 option 1 or email gyw@bowmanemployment.com.

Learn More

Strong and Impactful: Leadership Practices for Women Business Owners

Entrepreneurship and leadership go hand in hand. Your impact is the result of the big and small actions you take every day in your life and business.

If you would like to go from running your business to leading it, you're invited to join WeBC this June for: “Strong and Impactful: Leadership Practices for Women Business Owners”!

In this interactive series, you will develop three key skills that every woman needs as she grows her business: negotiation, overcoming imposter syndrome, and interrupting unconscious bias.

Program details:

Where: ZOOM
When: 3 sessions | Wed, 10am to 12pm PT | June 1, 8, 15
Cost: $50

Learn More

2023 Regional Business Data | Information Session

BC’s most comprehensive economic snapshot, the Collective Perspective survey, identifies the issues that matter most to businesses across the province. The data collected informs the policy and advocacy efforts of the BC Chamber of Commerce and its provincial network of 100 chambers of commerce and boards of trade.

Sign up for the complimentary information session from 8 to 9 am on Tuesday , May 16th at the link below and learn what is on the mind of BC's businesses in the Okanagan.

COEDC New Resident Page

Are you a new resident or looking to relocate to the Central Okanagan? Or an employer with staff who are new to the region?

If so, our New Resident page is the perfect resource for you!

We're excited to share all the great things our region has to offer, including resources for immigration, housing, healthcare, job opportunities and more.

Our New Resident page has everything you need to get started on your journey, so don't hesitate to connect with us today and discover your new home in the Central Okanagan!