5 Key Takeaways
1. Stability is Key
"Our company in particular has invested about $2 billion over the last 10 years, and we are contemplating another investment, but we just have to know the conditions in which we are making the investment, and can we have a reasonable expectation of return...we need predictability."
- Susan Yurkovich, Senior Vice President, Global Business Development, Canfor
3. Opportunity in Crisis
"If you worry too much about the risks too much about recession and you batten down the hatches and you protect against all these risks what you end up doing is missing out on trends and opportunities. The reality is that recessions and periods of weakness are periods of opportunity."
- Jean-Francois Perrault, Senior Vice-President and Chief Economist, Scotiabank
5. Progress on Permitting
"[The time taken to get a permit] is a big issue, and we heard it at the State of the City Address as well...If ABC Vancouver and the majority council can get even close to the targets they are setting, then it would be a win"
- Dan Fumano, City Columnist, Vancouver Sun & Province
The year ahead will present unprecedented challenges as businesses grapple with a rapidly evolving economic environment influenced by forces both domestic and international in scope. As a convenor of the business community, the Greater Vancouver Board of Trade will continue to harness the insights of industry experts and business leaders to ensure the Greater Vancouver region can continue to grow and thrive.