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Resource Guide: Canada and the CETA (Canada-European Union Comprehensive Economic and Trade Agreement) and what it means for businesses

· by Huzaifa Saeed

Earlier this Fall, Canada and members of the European Union signed the Canada-European Union Comprehensive Economic and Trade Agreement. The agreement is comprehensive in its coverage and potential new market opportunities for businesses in Canada. For example, before CETA’s entry into force, only 25 percent of EU tariff lines on Canadian goods were duty-free.

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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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Rapid Policy Update: Ontario Fall Economic Statement 2017

· by Huzaifa Saeed

On November 15th, 2017, Ontario Finance Minister Charles Sousa announced a Fall Economic Update. This blog post with content support from the Ontario Chamber of Commerce highlights announcements relevant to businesses.

The fall statement forecasts real GDP growth of 2.8 percent in 2017, up from 2.3 percent in the 2017 Budget.

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Hamilton Chamber of Commerce Releases Advanced Manufacturing Supercluster Video

· by Whitney Eames

Resource Designed to Educate Stakeholders on Game Changing Regional Initiative

The Hamilton Chamber of Commerce is a leading member of a regional consortium committed to building an advanced manufacturing supercluster in Southern Ontario. The goal is to set global benchmarks in the world of Industry 4.0 by combining our region’s manufacturing prowess with its strengths in areas of technological expertise such as artificial intelligence, process automation and digital connectivity.

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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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