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. mitt-mum'mmwsomw DeNure Tours Kitchener Travel Show ll ' ' I, ' Economy set for growth Sunshine Destinations 2012-2013 inoiig the many government, non- SUCh as Don Drummond and many n0ted Aproiii, post secondary and private public and private~sector analysts. . wednGSdaY August 8th at 4.00pm research institutions that analyze No former university presidents are ' - domestic illltl global economic trends. the int'lUtlt‘tl in-thGliSt- HOIIday "In, 30 Fa'lway Road S flank of Canada remains one of the most Their report. Innovation in Canadian Join . , us for a coffee and learn moreabout our Caribbean prominent and respected Natural RESOUI'Ce lndustnes, concludes that ll When they offer opinions, elected offi» productivity in the oil and mining sectors W015 (Bra :fi igdouuinqu‘emmmuto Flonda&Mynle ciuls. media and business (primarily oil) is relatively c ll ' eses V1! 75 etransponationand leaders till take notice. strong. The national innovation . to mm 7m" “at! accommodation, ”d have M's“ representatives to coordinate ()ur chamber was lortu- III I\I \ | \\ I problem. which has been uni- 1-mm-m activities a“, local shuttle t’msmflm'ou' Wmutwes note to host Bank of ( "anada \l \ I l l PS versally identified as a signifi- from Wham“ “Rh Will beonhand at the show, and governor Mark tiarney ata - ‘ cant barrier to. sustained jgnumunxom youcan also takeatourofourdeluxecoach. speaking engagement in domestic economic growth. is Waterloo last April. llis pres- in fact largely centred in other llmmstm-ON Please call toletus knowyouare comingsothat ence was again tin indication areas SUCh as the service indus- M nmmmr RS we have coffee soda placelor you. of the interest tiecisionâ€"tnak- try. This research contradicts a VP to 76669619909 W emailua ’" ’”'°@d°"”'°‘°“'3-°°m ers in Ottawa have with our . widely held contention that . innovative and progressive " resource sectors have been slow local business sector. to adopt new technologies and Last week. tlte think or make investments for long- (tiniida released its summer term profitability. Business Outlook Survey. a »&f’ The performance Of the compilation of extensive national resource sector is the interviews conducted by ICSUlt Of effective public sup- btink officials with IOU port programs and the consis- sclet-tt-tl firms the latest , tent collaborative efforts of results tire generally positive and Optimistic firms. Factors such as increases in produc- tiesptu- it debt crisis in iiumpe and slowerâ€" tivity. intensity of equipment and machin- ilianâ€"tiniicipiiied recovery in the United NY “St adoption Of new technology and the States, hiring of skilled research and development Respondents ilrt‘ indicating an increase personnel are prominent in their collective in stiles over the past year with forecasted SUCCESS further growth in the next 12 months. However, the formula for success is rela~ More encouraging are the projections in lively simple. Companies in Struggling employment. where 59 per cent of firms are industries Simply cannot afiord to invest in planning to hire its opposed to six per cent new technologies to improve overall condi- ’ . . . that anticipate job cuts. The job growth (ions. A booming global market for Oil has I I I I I I, I \ I I I I I \\ ( \ I \, I I i I prospects of business owners are now the allowed for considerable investments here ’ ‘ ' ‘ ’ I ‘ I highest in over a year. in Canada. ‘ I l I \ \. ( ) l i I I I \ t ', I I ' ( ' ( ) Another interesting finding is that busi» Good news on the local level was con- 1 I ‘v i l 1 . ‘x ‘t I I \ t I I I nesses in western ("anada are more likely to tained in a recent report from the Confer- be impacted by labour and skills shortages once Board Of Canada that indicates Waterâ€" than other parts of the country. which indiâ€" loo Resion could provide stronger economic cares the current and urgent requirement growth than any Other medium-sized city in for more workers in the Waterloo Region Canada this year. information technology sector is not an iso~ Despite our continual challenges. we are Iated problem. The shortage extends to all SUMVOI'S and innovators sectors in all areas of(}tnada. All things considered. everything is Another interesting study related to the adding up to a stronger Canadian economy national economy was released in late lune in the second half Of 2012- by the (“tntre for the Study of Living Stan» "' , . . ,. . . .. h, . dards. an Ottawa-based organization that Ian M0110" ispresidenrand CEO does not have the public profile of the Bank fifth? Greater Kitchener- Waterloo of Canada but possesses board members ChamberofCommerce Get Guarantees for your Retirement Plan , i. r J ' ,, . 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