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Central Okanagan Economic Development Commission provides tariff resources

'We know 2025 has brought new uncertainties as we look forward'
coedc
With the threat of U.S. tariffs, the COEDC is connecting directly with businesses to understand the potential impact and what supports businesses need.

The Regional District of Central Okanagan91ÂãÁÄÊÓƵ™s Economic Development Commission (COEDC) has launched a tariff resource web page along with its Q4 2024 economic indicators.

91ÂãÁÄÊÓƵœEvery quarter, the COEDC releases updated economic indicators to help businesses and the public understand what is happening in the regional economy," said manager Krista Mallory. "While these are useful for knowing what has happened, we know 2025 has brought new uncertainties as we look forward.91ÂãÁÄÊÓƵ

Mallory added that with Canada-U.S. trade relations top of mind, the COEDC is connecting directly with businesses to understand the potential impact and what supports businesses need.

The Q4 2024 Economic Indicators Report covers population growth, labour force, housing starts, building permit values, business counts, airport passengers, median new home price, average rent, job postings, and more. Despite a dip in overall employment over the past year, the Central Okanagan has one of the lowest unemployment rates in Canada at 4.7 per cent, the report stated.

91ÂãÁÄÊÓƵœThe Central Okanagan91ÂãÁÄÊÓƵ™s economy has proven to be resilient in the face of economic shocks over the past several years," Mallory added. "This resilience speaks to the adaptability and strength of our local business community and regional partners."

The and are available on the COEDC website.



About the Author: Gary Barnes

Journalist and broadcaster for three decades.
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