There is a renewed confidence in Regina’s business sector and according to the Vice President of Sector Development at Economic Development Regina, expect much more growth going into next year.
David Froh says a recent Executive Confidence Index saw numbers moving higher, but he says business leaders acknowledge there’s a historic opportunity to continue to invest in First Nations communities.
He says the Truth and Reconciliation Commission of Canada calls on all Canadians to work towards economic reconciliation with First Nations communities, and Regina plans to do just that.
“We just finished participating in an Indigenous entrepreneur conference,” Froh said. “File Hills Tribal Development Corp. was our regional partner. In terms of how we foster more joint ventures between Indigenous communities and local businesses.”
Froh says business leaders are confident the economic slowdown is behind us and with an Executive Confidence Index edging higher, key business leaders are looking towards the future.
Froh says local business leaders are fostering more collaborative economic partnerships with First Nations and Métis entrepreneurs and businesses.
“Our business leaders acknowledge there’s a historic opportunity,” Froh said. “Addressing that opportunity is probably the greatest thing we can do to advance our economy long-term.”
Froh says there also are some positive steps being taken to foster a more collaborative economic partnership with First Nations and Métis entrepreneurs and businesses.
“When we do investment attraction here, we don’t spend a lot of time chasing investment from China or India,” Froh said. “We’re increasingly looking at how do we facilitate joint ventures with progressive communities like Pasqua, Cowessess and Kawacatoose and some of these business in town.”