In the first edition of February’s 5 Minutes for Business, Hendrik Brakel, the Canadian Chamber of Commerce Senior Director, Economic, Financial and Tax Policy, looks at why populism is on the rise all over the world.
In the U.S., Donald Trump is leading all the polls nationwide in the Republican primaries, and in the Democratic Party, support is surging for a 74-year-old self-avowed socialist, Bernie Sanders, who wants a “political revolution.”
· by Huzaifa Saeed
Hamilton, ON, February 4th: The Hamilton Chamber of Commerce has submitted a pre-budget submission in response to a public consultation process announced by the provincial government. The recommendations were also presented to Associate Minister of Finance MPP Mitzie Hunter, MPP Eleanor McMahon and chair of cabinet MPP Jim Bradley at a pre-budget townhall in Hamilton last week.
· by Huzaifa Saeed
Monday, February 1st, 2016, Hamilton, ON: The Hamilton Chamber of Commerce was a signatory to a pre-budget letter submitted today to Premier of Ontario, Kathleen Wynne and members of her cabinet. The letter is part of an ongoing advocacy process to secure government funding (provincial, federal or a combination of) to construct a bypass near the village of Morriston on highway six.
· by Huzaifa Saeed
Every other Tuesday, the Canadian Chamber of Commerce releases 5 Minutes for Business, a publication written by Hendrik Brakel, their Senior Director of Economic, Financial and Tax Policy. In these publications, Hendrik briefly describes current issues that affect the Canadian economy and provides insight on what it will mean for Canadians today and the future.
· by Huzaifa Saeed
Hamilton, ON, January 26th, 2016: Today, the Ontario Chamber of Commerce (OCC) and the Hamilton Chamber of Commerce, in partnership with the Mowat Centre, released the fifth and final iteration of Emerging Stronger. A detailed economic agenda for Ontario, Emerging Stronger 2016 identifies the immediate steps that government and the private sector must take to enhance Ontario’s economic competitiveness and spur job creation in the province.
· by Huzaifa Saeed
Hamilton, ON, January 14th, 2016: The Hamilton Chamber of Commerce has submitted a pre-budget submission in response to a public consultation process announced by the Federal Government. The recommendations were also presented to local Liberal MPs, Filomena Tassi (MP Hamilton West-Ancaster-Dundas) and Bob Bratina (Hamilton East-Stoney Creek) yesterday during a community pre-budget townhall.
· by Huzaifa Saeed
Hamilton – Burlington, ON, Dec 10th, 2015: The most wide-reaching provincial economic forecast of the year, the Ontario Economic Update 2016, was released today by the Ontario Chamber of Commerce and the Credit Unions of Ontario, with support from Hamilton and Burlington Chambers of Commerce. The Hamilton Census Metropolitan Area (CMA), which is made up of Hamilton, Burlington, and Grimsby, will experience above-trend employment growth during the next two years, reflecting the end of the major restructuring in the manufacturing sector.
· by Huzaifa Saeed
The December 2015 regulatory update is presented here to our members in partnership with the Ontario Chamber of Commerce’s (OCC). Regulatory Update summarizes what employers need to know about the latest changes to the regulatory environment for businesses to stay in compliance.
This initiative is intended to support energy-saving practices among small businesses and to help them save money.
· by Huzaifa Saeed
After seven long years with interest rates at zero, the U.S. Federal Reserve will almost certainly raise rates by 0.25% at its next meeting on December 15.
It has been warning about a coming rate hike since 2013. In the last Fed statement, it changed the wording it has used for years about “In determining how long to maintain this target range…” to “In determining whether to raise the target range at the next meeting…” In the obscure language of Fedspeak, this is like waving your arms and hollering.
· by Huzaifa Saeed
Canadians have spoken decisively and given the Liberals a majority (in the recently concluded Federal Election) that no one thought possible. (Why do we even read polls anymore? Maybe we’d be better off scanning the stars.)
Here’s why the pollsters got it wrong. The number of people who voted Liberal shot up a staggering 149%, from 2.8 million in 2011 to 6.9 million this past Election Day.
Video By
Christoph Benfey
Photography By
Reg Beaudry
Website By
Dunham