On April 16, 2018, Ontario New Democrat Leader Andrea Horwath announced the NDP’s 2018 Election Platform Change for the Better. Below is a high-level synopsis of the major policy initiatives within the platform brought to you in partnership with the Ontario Chamber of Commerce.
Five Key Promises
- Provide drug and dental coverage for all Ontarians.
On March 28th, the Government of Ontario released its 2018 Budget, A Plan for Care and Opportunity. The following is a summary of key highlights from the perspective of Ontario’s business community released in partnership with the Ontario Chamber of Commerce.
Highlights concerning Hamilton:
- While the term and catchment area “GTHA” has been used by Metrolinx and the Province of Ontario for their “Big Move” strategy to invest in the B-Line LRT and Go Transit Upgrades, businesses in the Greater Toronto Hamilton Area will be getting a new $100 Million Jobs and Prosperity Fund program specifically dedicated to them.
This Rapid Policy Update is offered in partnership with the Ontario Chamber of Commerce.
On March 19th, the Honourable Elizabeth Dowdeswell, Lieutenant Governor of Ontario, delivered the Ontario government’s speech from the throne.
The throne speech, delivered ahead of next week’s budget and just months before the next election, focused on the theme of “care.” The top priorities for the government in lead up to the election include health care, home care, mental health and addictions, child care, and regional investments.
The OCC and Hamilton Chamber of Commerce is seeking feedback on the Provincial Bill 203, the Pay Transparency Act, 2018. The Bill is part of Government’s efforts to address the pay gap for women and other underrepresented groups of workers. We’re seeking input from employers on the bill, so the OCC can accurately represent your views.
Hamilton, ON, March 13th – The Hamilton, Sault Ste. Marie and Windsor-Essex Chambers of Commerce submitted a letter to Prime Minister Trudeau today, offering eight recommendations to help the steel industry, high-paying manufacturing jobs and fair trade.
The Prime Minister is currently on a tour of the Canadian Steel and Aluminum Industries, with a stop in Hamilton today and Sault Ste.
Thursday, March 8th, 2018: At 3:30 PM (ET), President Donald Trump signed an executive order, putting into place global tariffs of 25% on Steel and 10% on Aluminum Imports. These Tariffs were the outcome of a Section 232 of the US Trade Act investigation initiated by President Trump last year.
We were pleased to hear that Canada and Mexico were both given indefinite exemptions from the Tariffs, as stated by President Trump: “We’re going to hold off the tariff on those two countries to see whether or not we’re able to make a deal on NAFTA,” Mr.
An Important Message on Proposed Steel Tariffs
Over the last three years, we have been working with our colleagues in the Canadian Chamber of Commerce network and the Canadian Steel Producers Association to address unfair market practices and steel being dumped into Canada by non-market producers.
The steel industry is the backbone of the Hamilton economy, supporting almost 10,000 direct and over 30,000 indirect jobs in our community.
On February 27th, the Liberal Government released their 2018 Federal Budget. See below for a summary (courtesy of the Canadian Chamber of Commerce) on the impacts it will have on Canadian businesses.
Tax Treatment of Passive Investment Income
Last year’s proposals by the Finance Department had caused significant concerns amongst the business community.