Policy Updates & News 274 results

NAFTA Negotiation, Round 6 Updates (January 22nd-28th, 2018)

· 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.

Read More

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.

Read More

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.

Read More

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.

Read More

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”.

Read More

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).

Read More

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.

Read More

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.

Read More

Video By
Christoph Benfey

Photography By
Reg Beaudry

Website By
Dunham