Posts Tagged ‘Ontario Government’
Windsor-Essex Regional Chamber of Commerce Expresses Deep Concern for potential PSAC-CIU Strike
The Windsor-Essex Regional Chamber of Commerce (The Chamber) is deeply concerned about a potential strike by PSAC-CIU personnel starting as early as this Friday. The Chamber has sent a letter to both the National President of PSACCIU, Mark Weber, and the Hon. Anita Anand, President of the Treasury Board outlining concerns for the business community of Windsor-Essex and other impacted regions.
“Any strike by PSAC-CIU workers is going to have a major impact in our region, especially for local businesses” said Rakesh Naidu, Chamber President & CEO. “Businesses that rely on a smooth and timely flow of cross-border goods and services could face significant challenges from this job action, including the automotive sector, which is heavily dependent on ‘just-in-time’ logistics.”
Read MoreWindsor-Essex Regional Chamber of Commerce reacts to 2024 Federal Budget
Windsor, April 18, 2024 — The Windsor-Essex Regional Chamber of Commerce approaches the 2024 Federal Budget with cautious optimism as it reflects on the government of Canada’s promises and priorities. The Chamber sees key benefits that will help our region while looking beyond to greater challenges of the local and national economy.
“We are pleased with some key elements that will be positive for our region” said Rakesh Naidu, Chamber President & CEO. “New funding to reduce the costs of electric vehicles and funding to develop charging infrastructure are a key part to making sure that the transition over to EVs is as smooth as possible for consumers and businesses.”
Read MoreWindsor-Essex Regional Chamber of Commerce Successfully Advocates for Businesses at Canadian Chamber AGM
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 MoreWage Increase Needed to Combat Affordability, but Predictability for Businesses is Key
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 MoreWindsor-Essex Regional Chamber of Commerce Responds to Canada Emergency Business Account (CEBA) Announcement
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 MoreWindsor-Essex Regional Chamber of Commerce Successfully Advocates for Local Sectors at Ontario Chamber AGM
The Windsor-Essex Regional Chamber of Commerce is delighted to have the support of our Chamber network partners for our policy resolutions submitted for the Ontario Chamber of Commerce’s (OCC) Policy Compendium, 2023-2026. These resolutions covered our burgeoning wine sector, the evolving auto industry, and growing international student population.
Read MoreCanada’s 2023 Budget Must Address Declining Productivity
With the economy facing global headwinds, Canada needs competitive investments in innovation, productivity, and sustainable economic growth. However, growth cannot occur without significant and sustained investments from the private sector – and those dollars will flow where productivity is highest. Today, the Windsor-Essex Regional Chamber of Commerce and the Ontario Chamber of Commerce (OCC) released the 2023 Federal Budget Submission to lay the path for business predictability and competitiveness.
Read MoreChamber: Ontario’s 2023 Budget Must Focus on Growth Enabling Investments
According to the Ontario Chamber of Commerce’s (OCC) Ontario Economic Report (OER), Ontario business confidence has dropped to a record low in 2023. Labour shortages, inflation, health care system vulnerabilities, and fears of a potential economic contraction are dampening confidence in the province’s economic outlook.
Read MoreBusiness Confidence Hits Record Low, Chamber Report
“Ontario business confidence has dropped to a record low in 2023. Labour shortages, inflation, health care system vulnerabilities, and forecasts of an economic contraction are dampening confidence in the province’s economic outlook,” said Rocco Rossi, President and CEO, OCC. “Only 16 percent of organizations surveyed have confidence in the economy. This is down 29 percent from last year. Promisingly, most businesses feel confident they can withstand these headwinds and continue to grow in the year ahead.”
Read MoreEconomic Growth Strategy Critical as Ontario Faces Uncertain Times
Against the backdrop of rising interest rates, inflation, constrained supply chains, labour shortages and fears of a recession, it is critical for governments to focus on creating the right conditions to support competitiveness, productivity, and long-term economic growth. The Ontario Chamber of Commerce (OCC) has identified critical areas that must inform Ontario’s growth strategy outlined in today’s release: Supporting Economic Growth in Uncertain Times.
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