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Provincial Budget 2015: Everything you need to know!

February 27, 2016 · by Huzaifa Saeed

On February 25th, 2016, the Ontario government tabled their annual budget. Below are some highlights for organizations in Hamilton.

Key numbers:

The budget has an ambitious $133.9-billion spending plan with a projected $4.3 billion deficit – leaving the provincial debt at $296.1 billion. Other data analysis

Regulatory costs & increases:

Gasoline prices to increase 4.3 cents per litre next year as part of the new cap-and-trade program to curb greenhouse gas emissions.

Hamilton & Ontario Chambers of Commerce Call on Government To Support Employer Transition to the ORPP

February 23, 2016 · by Huzaifa Saeed

Toronto, ON, February 23rd, 2016: The Ontario Chamber of Commerce (OCC) is calling on the Government of Ontario to support businesses’ transition to the Ontario Retirement Pension Plan (ORPP) through a series of offset measures.
“Our objective is to ensure that the ORPP does not weaken Ontario’s economic recovery,” said Allan O’Dette, President & CEO of the Ontario Chamber of Commerce.

Media Release: Hamilton Chamber of Commerce and Ontario Chamber of Commerce calls on Province to ‘Get Back to Fiscal Balance’

February 18, 2016 · by Huzaifa Saeed

Business Groups Call For 2016 Budget that Extends Business Engagement on Cap and Trade to Focus Proceeds on Job Creating Initiatives, and Contain Regulatory Burden to Ensure Economic Growth

Hamilton, ON, February 18^th, 2016: Today, the Hamilton Chamber of Commerce in partnership with the Ontario Chamber of Commerce (OCC) released its 2016 Ontario Pre-Budget Submission, which outlines key priorities that address the need to eliminate the deficit and establish some much needed regulatory reforms.

Canadian Chamber of Commerce Presents: Five minutes for business (February 2016)

February 9, 2016 · by Huzaifa Saeed

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.”

Hamilton Chamber of Commerce submits provincial pre-budget submission

February 4, 2016 · 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.

Hamilton Chamber of Commerce & Morriston Bypass coalition submits letter to Premier.

February 1, 2016 · 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.

Canadian Chamber of Commerce Presents: 5 Minutes for Business (January 2016) : Infrastructure Spending & Global Markets

January 26, 2016 · 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.

Ontario Chamber of Commerce and Hamilton Chamber of Commerce Deliver Landmark Agenda to Grow Economy and Spur Job Creation

January 26, 2016 · 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.

Hamilton Chamber of Commerce presents its 2016 Federal Budget recommendation report

January 14, 2016 · 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.

Media Release: Bay Area Poised for Growth as Manufacturing Strengthens: Ontario Economic Update 2016

December 9, 2015 · 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.

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