Media Releases 151 results

Media Release: Input Costs Soar as Confidence and Projected Profits Fall: Ontario Economic Report 2018

· by Huzaifa Saeed

 

Hamilton, ON, February 7, 2018 –  Today the Hamilton Chamber of Commerce, in partnership with the Ontario Chamber of Commerce (OCC) released the second annual Ontario Economic Report (OER), a comprehensive analysis of data and emerging trends on the economic health of the province. Original economic research from the report reveals that 77 per cent of Ontario businesses say access to talent remains the largest impact on their competitiveness and nearly half report a lack of confidence in the province’s economy.

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10 Ways to Build a Canada that Wins: The 2018 Policy Priorities of the Canadian Chamber of Commerce

· by Huzaifa Saeed

This week, the Canadian Chamber of Commerce network released 10 Ways to Build a Canada that Wins, a document that provides business, decision-makers and government with a series of clear priorities and objectives that, if addressed, will give Canada a competitive edge, improve productivity and grow the economy.

A strong and prosperous Canada depends on business growth, but businesses are grappling with daunting challenges—economic, political and technological—at home and abroad.

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Media Release: Further Offset Measures Needed in Upcoming Budget to Keep Ontario Competitive The Ontario’s Chamber Network calls for tax reform, smart spending to support Ontario businesses

· by Huzaifa Saeed

Hamilton, Tuesday, January 16th, 2018 – Today, the Hamilton Chamber of Commerce, in partnership with the Ontario Chamber of Commerce (OCC) provided the Ontario government with 11 recommendations for the upcoming provincial budget that will help businesses manage costs and secure the province’s competitive advantage. The submission, presented to the Standing Committee on Finance and Economic Affairs, calls on the government to implement taxation reforms and smart infrastructure and transportation spending to maximize growth and benefit all regions of Ontario.

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Federal Small Business Tax Proposal: Minister clarifies some clauses, Senate report advises a cancellation, to go in effect 1.1.18

· by Huzaifa Saeed

On Wednesday, December 13th, the Department of Finance and Minister Bill Morneau released a final set of clarifications for the Federal Small Business Tax Proposals. As previously covered, these proposals will have a significant impact on businesses that have come to rely on income splitting amongst family members and passive income investment back into the corporation in order to save for retirement, capital upgrades or other downturns.

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Special Event and Policy Report Launch December 6th: “Fair & Open Tendering – The Public Costs of Restricted Procurement in Ontario”

· by Huzaifa Saeed

Hamilton, ON, December 6th, 2017: The Hamilton Chamber of Commerce is partnering with the Greater Kitchener-Waterloo Chamber of Commerce, Cambridge Chamber of Commerce to support the launch of a new independent economic analysis report by Hamilton-based Think Tank Cardus and University of Toronto Professor of Economics, Dr Morley K Gunderson titled “Up, Up and Away: The Impact of Restrictive Municipal Tendering in the Province of Ontario”.

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Rapid Policy Update: Ontario’s Next Long Term Infrastructure Plan

· by Huzaifa Saeed

On November 28th, the Government of Ontario released the province’s Long-Term Infrastructure Plan (LTIP) entitled Building Better Lives: Ontario’s Long-Term Infrastructure Plan 2017The plan sets forth a vision for Ontario infrastructure planning and investment and is a key interim step in meeting the requirements of the Infrastructure for Jobs and Prosperity Act, 2015 (IJPA).

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Media Release: Hamilton Chamber and Canadian Chamber welcome revised tax reforms and lower small business tax rate but remain concerned

· by Huzaifa Saeed

Hamilton, October 18, 2017 — The Hamilton and the Canadian Chamber of Commerce welcome the government’s plans to revise its proposed tax reforms and to reduce the small business tax rate as a result of the comments and concerns expressed through the national #ProtectGrowth campaign and in consultations.

“This series of tax proposals have created an unprecedented negative response amongst our membership and alignment amongst the Chamber of Commerce network across Canada when it comes to the Federal Government.

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Comprehensive, Pro-Growth Policies Needed in 2018 Provincial Election: Ontario and Hamilton Chamber launch policy platform

· by Huzaifa Saeed

Hamilton, Ont., Wednesday, October 18, 2017 – The Hamilton Chamber ofCommerce inn partnership with the Ontario Chamber of Commerce (OCC) released Vote Prosperity, a platform and campaign outlining the Ontario business community’s priorities for the upcoming 2018 provincial election. Vote Prosperity provides a series of proactive recommendations that all of Ontario’s political parties should adopt to ensure growth for the province’s economy.

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Feds Shortlist Advanced Manufacturing Supercluster Bid – Prospect of Funding is Good News for Hamilton and Region

· by Whitney Eames

HAMILTON October 11, 2017: The federal government today announced that a bid to build an  Advanced Manufacturing Supercluster in Southern Ontario is on a shortlist of nine proposals that could qualify for a piece of a $950-million cluster development fund to spark high-quality jobs and global competitiveness.

Innovation Minister Navdeep Bains made the announcement during a media conference earlier in the day.

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