Twitter  Facebook  YouTubeNewsletter Sign UpJoin Now

Chamber News

Back to News
Measures Announced Today Will Help Struggling Economy, Says Canadian Chamber

Ottawa, Nov. 1, 2016 — As Canada faces an extended period of slow growth, the Canadian Chamber of Commerce welcomes the focus on immigration and skilled workers announced today by Finance Minister Morneau. Improved visa processing times for low-risk, high-skill talent and new work permit exemptions for people spending less than 30 days a year in Canada are both long-standing recommendations of the Chamber, and their implementation will help make Canadian businesses more competitive.

“Today’s economic update provided us with some fresh ideas, which are definitely needed to get the Canadian economy out of the slow lane,” said Hon. Perrin Beatty, President and CEO of the Canadian Chamber of Commerce. “A skilled workforce is the foundation of a competitive economy. We’ll look for more information about the government’s plans for an infrastructure investment bank which, if properly implemented, could yield significant returns. The key will be having the capacity to choose the right projects to invest in.”

The Canadian Chamber also welcomes the new trade and transport investments planned to start in 2017 – 2018.

“Economic growth is generated by competitive businesses that can easily get their goods to international markets, so the announcement on investments in trade infrastructure is welcome news. And the Canadian Chamber’s remote-community members will be pleased to see sustained investments in Northern and Rural infrastructure, starting in 2018-2019,” said Mr. Beatty. “The private sector is also ready to do its part. Tens of billions of dollars in private infrastructure investments, including pipelines, ports and airports, are ready to be deployed across the country. Government only needs to give the green light.”

The Canadian Chamber applauded the government’s focus on attracting foreign direct investment and the creation of Invest in Canada. “We need both domestic and foreign investment for Canadian projects. The creation of an agency with that specific mandate will certainly help, especially if it is combined with eliminating the other tax and regulatory barriers that discourage investment today.”

“These measures target some of what business needs most right now – a skilled and competitive workforce, and the means to get products to market,” said Mr. Beatty. “There is no quick fix for our current economic situation, but the measures announced today will have long-term impacts. We’re in it for the long game.”

--

The Canadian Chamber of Commerce is the vital connection between business and the federal government. It helps shape public policy and decision-making to the benefit of businesses, communities and families across Canada with a network of over 450 chambers of commerce and boards of trade, representing 200,000 businesses of all sizes in all sectors of the economy and in all regions. News and information are available at Chamber.ca or follow us on Twitter @CdnChamberofCom

– 30– 

Contact:

G. Will Dubreuil 
Director, Public Affairs and Media Relations 
Canadian Chamber of Commerce 
613.797.1860 

gdubreuil@chamber.ca

Chamber Members SAVE on products and services. Check out these Member 2 Member Offers.

Stirling Festival Theatre - Group Discounts available to members
Dinkles & Paulos Restaurants - 10% OFF
Cloud Bookkeeping Services - 10% OFF
OSM Website design - SAVE on services.
Esso Chamber
Quinte Siding - 10% OFF
Friendly Fires - 10% OFF
Grand & Toy - Members can save up to 85%
Jesan Property Maintenance - SAVE 10%
Parsons Cleaners Member offer - 10% OFF
Allen Insurance - Exclusive Chamber Member Rates
RBC - Save on Bank charges
St. John Ambulance - Discount on training
NRG Alternatives - 10% Discount
Grand & Toy - Cost-saving solutions
Belleville & District Shrine Club
Shoppers Drug Mart - Save 20% on Thursdays
Superior Propane - Save 5% on fixed price propane
Group Benefit Plan for Chamber Members
Papa Johns Pizza Member Offer- 25% off
Be Prepared First Aid Traning - 15% off
Body Systems Nutrition - 15% OFF purchases.
Constant Contact Chamber Member Offer
Jesan Property Maintenance - SAVE 10%
Body Systems Nutrition - 15% OFF purchases.
Superior Propane - Save 5% on fixed price propane
Constant Contact Chamber Member Offer
Cloud Bookkeeping Services - 10% OFF
Quinte Siding - 10% OFF
St. John Ambulance - Discount on training
Group Benefit Plan for Chamber Members
Shoppers Drug Mart - Save 20% on Thursdays
Parsons Cleaners Member offer - 10% OFF
Grand & Toy - Cost-saving solutions
NRG Alternatives - 10% Discount
Esso Chamber
Be Prepared First Aid Traning - 15% off
Allen Insurance - Exclusive Chamber Member Rates
Dinkles & Paulos Restaurants - 10% OFF
Papa Johns Pizza Member Offer- 25% off
Friendly Fires - 10% OFF
RBC - Save on Bank charges
Belleville & District Shrine Club
Grand & Toy - Members can save up to 85%
Stirling Festival Theatre - Group Discounts available to members
OSM Website design - SAVE on services.
Esso Chamber
RBC - Save on Bank charges
Grand & Toy - Members can save up to 85%
Be Prepared First Aid Traning - 15% off
Parsons Cleaners Member offer - 10% OFF
Friendly Fires - 10% OFF
Body Systems Nutrition - 15% OFF purchases.
Stirling Festival Theatre - Group Discounts available to members
Group Benefit Plan for Chamber Members
St. John Ambulance - Discount on training
Shoppers Drug Mart - Save 20% on Thursdays
Dinkles & Paulos Restaurants - 10% OFF
Allen Insurance - Exclusive Chamber Member Rates
Jesan Property Maintenance - SAVE 10%
Papa Johns Pizza Member Offer- 25% off
Constant Contact Chamber Member Offer
Quinte Siding - 10% OFF
Grand & Toy - Cost-saving solutions
Superior Propane - Save 5% on fixed price propane
Belleville & District Shrine Club
Cloud Bookkeeping Services - 10% OFF
OSM Website design - SAVE on services.
NRG Alternatives - 10% Discount