Regina’s local economy is a mixed bag.
That’s according to the latest report from Economic Development Regina.
The Queen City saw employment increase for the month of July, yet saw housing starts and other sectors decrease.
David Froh Vice President of Economic Development Regina said this is a chance for the local economy to become competitive long term.
“It’s an opportunity to do a great job to supporting entrepreneurs. We’ll go up the chain of agriculture, work with indigenous communities and if we do that, this period of slower growth will be the beginning of a new growth cycle.”
Froh said when it comes to employment however, there’s been some dips in unemployment for professional services and manufacturing jobs.
He said however, there is positivity to this report.
“We can actually tell a great story across the country about Regina. It’s an affordable place to move, a great place to get a job. I think consumer confidence remains high because in Regina you still have strong personable, disposable income, meaning you can afford to enjoy a quality of life.”