The OCC’s 7th annual Ontario Economic Report (OER) offers unique insights into the perspectives and experiences of businesses across Ontario. The report is driven by data from our Business Confidence Survey, conducted by Golfdale Consulting, and regional economic forecasts.
The 2023 OER reveals the effects of prolonged economic uncertainty and a shifting business landscape. Labour shortages, inflation, and forecasts of an economic slowdown are dampening confidence in Ontario’s outlook. Still, most businesses feel confident they can withstand the headwinds and continue to grow in the year ahead.