FutureBiz is The City of Penticton’s economic outlook conference, coming up on Nov. 8. File photo

Penticton’s FutureBiz offers economic outlook

City hopes to make business conference an annual event

The City of Penticton is moving forward on supporting the city’s business community, including planning a business forum for this fall.

Jen Vincent, with the city’s economic development team, said regular economic forum are common in larger communities, wanting to keep businesses up to date.

“We were really interested in holding an annual forum, hear what has been happening locally and hear from experts across Canada what is happening in the world,” said Vincent. “The goal is to help our businesses be more competitive. We are hoping 150 to 200 people will attend. It is open to anyone, but we have given a discount to anyone that has an active Penticton business licence.”

The economic outlook forum, FutureBiz Penticton, takes place on Nov. 8 at the Lakeside Resort, offering an afternoon of speakers covering a range of topics, including housing and real estate, U.S. tariffs, projected economic activity and emerging disruptive technologies.

“What we learned through our business climate survey is a lot or our businesses are selling to the states,” said Vincent. “They were really concerned about what kind of decisions down there would really strongly impact their access to affordable supplies or customers.”

One of the speakers is futurist Nikolas Badminton, who will be talking about emerging technologies like blockchain and how these are affecting businesses.

“These bigger topics that are buzzwords, but that people may not have sat down and processed what this means for me,” said Vincent.

The brainchild of the City’s Economic Development team, FutureBiz offers an innovative opportunity for the Penticton business community to hear from an expert panel and look further out on the horizon to consider emerging trends and opportunities, while strengthening local connections. All are welcome to attend the half-day event, however registrants with active Penticton business licenses will be able to access early bird prices of just $25 for the event.

Other speakers include: Jonathan Baynes, CEO of the Penticton Indian Band Development Corp., Pierre Cléroux, VP of research and chief economist for the Business Development Bank of Canada.

Reserve your spot and find out more at futurebizpenticton.com.

Steve Kidd
Senior reporter, Penticton Western News
Email me or message me on Facebook
Follow us on Facebook | Twitter | Instagram

Just Posted

Super blood wolf moon fills Okanagan skies, to photographers’ delight

Photographers had a rare chance Sunday to capture a rare lunar eclipse

Mustangs sting Hornets in home victory for second place tie

Maggie Mustangs defeat the visiting South Okanagan Hornets in senior boys basketball

Keremeos cannabis shop waiting on provincial approval

Quantum 1 has applications in with the province to open seven stores including one in Keremeos

Creator of trans webcomic series Assigned Male coming to Penticton

Stop is part of French-Canadian author Sophie Labelle’s Serious Trans Vibes Tour

Okanagan weightlifting record-holder eyeing World Championship

The Summerland resident took home silver in the 2017 World Master Games

Video: 100 days until the David E. Kampe Tower opens

Penticton Regional Hospital started the 100-day countdown until the new tower opens to the public

Doug Ford says the Liberals’ carbon tax will plunge Canada into recession

The Ontario premier said there are already warning signs of difficult economic times ahead

Kamloops video rental store robbed for second time in 8 days

Movie Mart was robbed on Jan. 11 and held up again on Saturday afternoon under very similar circumstances

Kamala Harris opens U.S. presidential bid in challenge to Trump

The 54-year old portrayed herself as a fighter for justice, decency and equality in a video distributed by her campaign

B.C.’s largest public-sector union wants inquiry into money laundering, drugs

Union officials say Premier John Horgan and Attorney General David Eby have not ruled out the possibility of a public inquiry

Woman offers luxury Alberta home for just $25 and a flair for the written word

Alla Wagner ran into health problems, which forced her to list the 5,000-square-foot estate at market value

46% of Canadians $200 or less away from financial insolvency: poll

45% cent of those surveyed say they will need to go further into debt to pay their living and family expenses

World economy forecast to slow in 2019 amid trade tensions

For Canada, the IMF’s estimate for growth in 2019 was 1.9 per cent, down from expected global growth of 3.5 per cent

Most Read