Fernie Business Retention and Expansion Report
The Elk Valley Economic Initiative (EVEI) has released Fernie’s Business Retention and Expansion Report. You can read the full report here.
The report describes findings from a business retention and expansion (BRE) survey conducted online via Survey Monkey by the EVEI for businesses operating in the Elk Valley. 245 of these business responses identified as operating in Fernie and this report is focused exclusively on these businesses and was written in tandem with the Elk Valley BRE report which encompasses all business responses.
To all the businesses operating in Fernie that took the time to complete the survey, thank you so much. The data obtained has created a strong baseline for ongoing and future economic development work in the Elk Valley. BRE is an economic development tool that encourages local businesses to stay and grow in the community through identifying and responding to their needs.
In the report, the key research findings summarize the Fernie business data, then the next steps and potential action items outline recommendations partner organizations (the City of Fernie and the Fernie Chamber of Commerce) could do to improve the business climate of Fernie. The appendix section showcases the full quantitative data obtained from Fernie businesses in the survey.
If you have any questions about the report, or the ongoing work of the EVEI, please do not hesitate to contact the Elk Valley Economic Recovery Advisor at taylor@theelkvalley.ca