High inflation, interest rates and housing costs continue to drive pessimism in Ontario’s economic outlook, according to the Ontario Chamber of Commerce’s (OCC) eighth annual Ontario Economic Report (OER). Despite this, many businesses surveyed remain confident in their own outlooks, with 53 percent expecting to grow.
“Business confidence in the economy has plunged from 29 percent at the height of the pandemic to just 13 percent two years later – driven by the rising costs of living and of doing business,” said Daniel Tisch, President and CEO of the OCC. “There are bright spots – particularly in growth sectors such as mining – thanks to strategic investments, population growth and improved labour market resilience. In 2024 and beyond, productivity must be our priority.”Read More
The Windsor-Essex Regional Chamber of Commerce is excited to announce that it has joined the Chamber Perks App. This app provides Chamber members with the ability to share discounts and special offers with our community, as well as take advantage of our various member savings programs.
“The Chamber Perks App makes our Member Savings Programs and member-to-member deals more accessible than ever before” commented Chamber CEO Rakesh Naidu. “Having this app in your pocket means access to hundreds of potential deals and thousands of dollars’ worth of savings for our members and their employees.”Read More
The Windsor-Essex Regional Chamber of Commerce announced details of its signature event, the Business Excellence Awards (BEAs), presented by Windsor Star.
‘The Premier Business Event of the Year’, recognizing outstanding businesses, individuals and community groups, the 2024 Business Excellence Awards (BEAs) will be held in person Wednesday May 15th, starting at 6:00pm.
The event includes a Red Carpet Arrival, Awards Show in the Chrysler Theatre showcasing 12 categories, and an elegant dinner in the Skyline Ballroom at the St. Clair College Centre For the Arts.Read More
The Windsor-Essex Regional Chamber of Commerce is excited to introduce its inaugural Business Confidence Survey. It is reaching out to businesses throughout the region because for their insights on economic and policy matters. This survey is open to all businesses, regardless of Chamber membership status, and its primary objective is to pinpoint and give priority to the challenges the Windsor-Essex business community faces.Read More
The Windsor-Essex Regional Chamber of Commerce is delighted to have the support of Chamber network partners across Canada for its policy resolutions submitted for the Canadian Chamber of Commerce’s (CCC) 2023-2026 Policy Compendium. These resolutions are aimed at streamlining the immigration to workforce pipeline and updating tax provisions for commercial vehicles.
“After reaching out to our Chamber partners locally and across Southern Ontario, we are pleased to see support for our policy resolutions at the national level,” said Chamber CEO Rakesh Naidu. “The resolutions we put forward are designed to help bolster the Canadian workforce and address with the challenges businesses across the country are facing.”Read More
Today, Rakesh Naidu, President & CEO of the Windsor-Essex Regional Chamber of Commerce released the following statement in reaction to the Government of Ontario’s minimum wage increase which came into effect on October 1, 2023.Read More
The Windsor-Essex Regional Chamber of Commerce is pleased by the announcement that the Federal Government is giving businesses an extra year to repay their Canada Emergency Business Account (CEBA) loans.
“While these loans were a lifeline for businesses during the pandemic, many are still recovering from its effects,” said Chamber CEO Rakesh Naidu. “In the wake of COVID-19, many businesses are still dealing with high inflation, labour shortages, and supply chain challenges. The CEBA loan repayment at the end of the year was a challenge that many businesses might not have been able to handle.”Read More
As National Trucking Week casts a spotlight on the vital role trucking plays in the Ontario and Canadian economy, the President and CEO of the Ontario Chamber of Commerce (OCC), Rocco Rossi, emphasizes the pressing need to address challenges impacting the sector…Read More
Nominations are now open for the 2024 Windsor-Essex Regional Chamber of Commerce Business Excellence Awards, the premier business event of the year to take place at the Chrysler Theatre and St. Clair College Centre for the Arts on Wednesday, May 15, 2024.Read More
The Windsor-Essex Regional Chamber of Commerce is delighted to announce the 2023 Recipient of our annual Lifetime Achievement Award. This year after reviewing a number of nominations from the Board of Directors, we are pleased to announce the honouree as outgoing President of St. Clair College, Patti France.Read More