· by Huzaifa Saeed
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.
Last year’s proposals by the Finance Department had caused significant concerns amongst the business community.
· by Whitney Eames
HAMILTON February 22, 2018: Canada’s Innovation Corridor Business Council, a partnership of leading chambers of commerce and boards of trade in the Greater Golden Horseshoe, today announced a bold new summit to promote global competitiveness through regional connectivity and collaboration.
· by Huzaifa Saeed
February 21st, 2018: The Government of Ontario is proposing The Fairness in Procurement Act, 2018, would, if passed, allow Ontario to take responsive and proportional action to discriminatory government procurement practices by U.S. subnational jurisdictions.
Buy American policies in the U.S. at the state level could restrict or inhibit Ontario-based businesses from participating or succeeding in certain state government procurement contracts.
· by Huzaifa Saeed
February 20th, 2018, Hamilton, ON: The Hamilton Chamber of Commerce is concerned about the implications of the United States Department of Commerce’s recommendations to President Trump, under a NAFTA Section 232 investigation requested by President Trump in April 2017, concerning the Steel and Aluminum Industries. The law allows the president to unilaterally impose Tariff taxes and other restrictions on imports for reasons of national security, breaking from any existing trade protocols under NAFTA or World Trade Organization.
· by Whitney Eames
Ottawa, ON, Thursday, February 15, 2018 — Navdeep Bains, Canada’s Minister for Innovation, Science and Economic Development, announced today that a strategy to build an Advanced Manufacturing Supercluster for Canada has qualified for federal investments under the Government of Canada’s Innovation Superclusters Initiative.
· by Whitney Eames
There was a large turnout of industry professionals for the February 7 breakfast event organized by the Golden Horseshoe Manufacturing Network and held at TechPlace in Burlington. This event aligns with the Hamilton Chamber’s focus on promoting manufacturing as a mainstay of local economic development.
· by Huzaifa Saeed
· 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.
· 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.
· by Huzaifa Saeed
January 31st, 2018: NAFTA talks successfully passed the critical round 6 in Montreal as the three countries moved closer towards a renewed and modernized agreement over the past week. However, several issues remain unresolved and a number of radical proposals from the Trump Administration remain unresolved. The three countries have two additional rounds of negotiation planned on the books, if the agreement isn’t resolved before the Summer, many experts believe that negotiations will enter a hiatus until the conclusion and outcomes of the Mexican Federal and US Midterm elections.
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Reg Beaudry
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Dunham