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Soo Chamber welcomes revised tax reforms - Wednesday, October 18, 2017

Soo Chamber welcomes revised tax reforms and lower small business tax rate but concerns remain
 

Sault Ste. Marie Chamber of Commerce
#LSN_Econ   national #ProtectGrowth campaign

SAULT STE. MARIE,  ONTARIO  -  October 18, 2017  (LSN)  The Sault Ste. Marie Chamber of Commerce (SSMCOC) and the Canadian Chamber of Commerce (CCC) welcome the federal government’s plans to revise its proposed tax reforms and to reduce the small business tax rate as a result of the comments and concerns expressed through the national #ProtectGrowth campaign and in consultations.

Sault Ste. Marie Chamber of Commerce President, Jason Naccarato welcomes the news that the federal government is taking a step back on the proposed tax reforms, particularly as they relate to small business. “We applaud the government for listening to the concerns of small business owners, entrepreneurs and even caucus members. The new measures proposed Monday, while not perfect, appear to be more balanced. We will be vigilant on their details and application, however.”

Although the Sault Ste. Marie Chamber of Commerce still has significant reservations on some of the proposed changes, the lobbying efforts of the Canadian Chamber network were successful and the Minister of Finance appears to have made a noteworthy effort to take the opinion of small businesses into consideration in the new version of his proposed tax changes.

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Small Business Too Big To Ignore: Sault Chamber - Monday, October 16, 2017

Small Business Too Big To Ignore: Sault Chamber

Small Business Too Big To Ignore  Lake Superior News
#LSN_Econ  Ontario Chamber of Commerce, the WSIB and local chambers across the province kick-off Small Business Week

Sault Ste. Marie / Toronto - October 16, 2017   (LSN)  The Sault Ste. Marie Chamber of Commerce (SSMCOC), in partnership with The Ontario Chamber of Commerce (OCC), and the Workplace Safety and Insurance Board (WSIB), is celebrating, Small Business Week with its signature campaign, Small Business Too Big To Ignore that highlights the important contributions small businesses make to Ontario’s economy and local communities.

“Small businesses are the backbone of the Ontario economy and the heart of our community”, says Jason Naccarato, president of the Sault Chamber. “Over the course of Small Business Week, our local Chamber will be engaging with small businesses to show them that we recognize the significant role that they play in our community and discussing how we can support them.”

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TAX REFORMS AND LOWER SMALL BUSINESS TAX RATE - Monday, October 16, 2017

CHAMBERS WELCOME REVISED TAX REFORMS AND LOWER SMALL BUSINESS TAX RATE BUT REMAIN CONCERNED

CHAMBERS WELCOME REVISED TAX REFORMS
#LSN_Econ  Thunder Bay Chamber of Commerce and the Canadian Chamber of Commerce

THUNDER BAY, OCTOBER 16, 2017:  (LSN) The Thunder Bay Chamber of Commerce and the Canadian Chamber of Commerce welcome the government’s plans to revise its proposed tax reforms and to reduce the small business tax rate as a result of the comments and concerns expressed through the national #ProtectGrowth campaign and in consultations.

“The cut to the small business tax rate and the cancellation of changes to capital gains exemptions are welcome news for small business owners and operators in Thunder Bay,” says Charla Robinson, President of the Thunder Bay Chamber of Commerce.  “We are pleased that the Government is taking steps to further support hardworking small businesses in Thunder Bay and across the country.”

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BDC Celebrating Small Businesses - Saturday, October 14, 2017

BDC Celebrating Small Businesses

BDC Celebrating Small Businesses  Lake Superior News
#LSN_Econ  Small Business Week

THUNDER BAY, ONTARIO   --  October 13, 2017 –  (LSN) The Community Economic Development Commission, various City partners, and the Business Development Bank of Canada (BDC) are celebrating entrepreneurship during BDC Small Business WeekTM. BDC Small Business Week run from Oct. 15 - 21, as declared by Councillor Shelby Ch'ng this morning at City Hall. 

BDC Small Business WeekTM (SBW) is an annual celebration of entrepreneurship that the Business Development Bank of Canada has been organizing for 38 years.

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Pro Growth Policies Need - Wednesday, October 11, 2017

Comprehensive, Pro-Growth Policies  Needed in 2018 Provincial Election 

Sault Ste. Marie Chamber of Commerce (SSMCOC),    Lake Superior News
#LSN_Econ   Vote Prosperity, a platform  priorities for the upcoming 2018 provincial election

Sault Ste. Marie / Toronto - Today, the Sault Ste. Marie Chamber of Commerce (SSMCOC), in partnership with the Ontario Chamber of Commerce (OCC), released Vote Prosperity, a platform and campaign outlining the Ontario business community’s priorities for the upcoming 2018 provincial election. Vote Prosperity provides a series of proactive recommendations that all of Ontario’s political parties should adopt to ensure growth for the province’s economy. 

“Small businesses are the backbone of the Sault’s economy, they support working families in our local community and across the province, and that’s why candidates from every party in every community will become familiar with Vote Prosperity,” says Jason Naccarato, President of the Sault Ste. Marie Chamber of Commerce. “Ontario’s business community is prepared to be bold and with today’s recommendations, we are seeking to motivate our political leaders to embrace these principles and goals that will lead Ontario to economic prosperity.”

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Airport to all-time Record - Tuesday, October 3, 2017

International Traffic propels Airport to all-time Record

Thunder Bay Airport   Lake superior News
#LSN_Econ   Air side 

THUNDER BAY, ONTARIO   --October 3, 2017   (LSN)  Fuelled by international traffic attending Confederation College, Lakehead University and the Under 18 World Baseball Championships, Thunder Bay Airport set an all time passenger volume record in August.

For the first time in the airport’s history, monthly volume exceeded 80,000 passengers by posting volume of 81,003 passengers. Traffic was up 4% from 2016.

“Although August is always a busy month, these numbers are unprecedented,” noted President & CEO Ed Schmidtke. “The international traffic generated by the Baseball Championships combined with growing international student populations at our two post-secondary institutions generated a lot of activity.”

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Ontario doctors advocate for tax fairness - Tuesday, October 3, 2017

Ontario doctors advocate for tax fairness beyond federal consultation deadline

OMA
#LSN-Econ    Making decisions of this magnitude requires careful consideration

Toronto, Ont., Oct. 3, 2017: While we’ve reached the end of the federal finance minister’s 75-day public consultation period regarding tax planning using private corporations, Ontario doctors are not backing down.

Making decisions of this magnitude requires careful consideration with all impacted stakeholders. The brief 75-day consultation period offered to these amendments—over the quiet summer months—simply did not suffice.

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sign strategic business agreement - Wednesday, September 27, 2017

Marten Falls First Nation and North Star Air sign strategic business agreement

Martin Falls First Nation & North Star Air  Lake Superior News
#LSN_Econ    Marten Falls becomes the 11th community to sign a revenue share agreement 

Thunder Bay, Ontario   -  September  27 2017  (LSN)    North Star Air is pleased to announce the signing of a strategic business agreement with Marten Falls First Nation. This agreement includes a revenue share agreement and the introduction of flights between Thunder Bay and Marten Falls First Nation.

Air transport in remote regions is of crucial social & economic importance to communities and the new flights will provide more choices and direct access to necessary services in Thunder Bay. The flight service is scheduled to start on Oct 16, 2017.

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Bill 148 reveals $12 billion economic problem - Wednesday, September 27, 2017

Final analysis of Bill 148 reveals $12 billion economic problem that the Ontario Government must resolve


Thunder Bay Sault Ste Marie Chamber of Commerc  Bill 148   Lake Superior News
#LSN_Econ  Norther Chamber of Commerce join Ontario Chamber   Bill 148 

September 27, 2017   (LSN) Today, the Thunder Bay and the Sault Ste Marie Chamber of Commerce,in partnership with the Ontario Chamber of Commerce (OCC) and the Keep Ontario Working (KOW) Coalition released the final economic impact analysis of Bill 148 by the Canadian Centre for Economic Analysis’ (CANCEA), which was peer-reviewed by Professor Morley Gunderson of the University of Toronto. This final report follows CANCEA’s August report outlining the interim findings of this analysis.

 

CANCEA’s analysis reveals that if Government were to extend implementation of the minimum wage increase over five years instead of the next 15 months, jobs at risk would decrease by 74 per cent in the first two years.  The analysis also indicates that while the proposed changes will see $11 billion in wage stimulus flow into the economy in the next two years, a remaining $12 billion problem exists which will lead to jobs lost, added costs, and general damage to the Ontario economy.

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Biomass North Forum 2017 - Tuesday, September 26, 2017

Opportunities for Challenging Times
Biomass North Forum 2017
 

Biomass North Forum 2017  Lake Superior News
#LSN_Econ   Biomass North Development Centre’s 2nd annual

THUNDER BAY, ONTARIO  -  September 26, 2017  (LSN)  

Biomass North Development Centre’s 2nd annual Forum will explore challenges facing Canada’s forest bioeconomy and highlight opportunities to meet those challenges. Will be held in Thunder Bay, Ontario, October 11 - 12, 2017 

Canada’s bioeconomy finds itself in challenging times in 2017.

From trade uncertainty over softwood lumber and pellet off-take agreements, to rapidly changing policy frameworks across Canada, to the growing leadership role of indigenous communities in the bioeconomy - project leaders often feel like they are aiming at a constantly moving target

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Chamber Promotes National Conferance - Saturday, September 23, 2017

Chamber Promotes National Conferance to be held in Thunder Bay

Thunder Bay Chamber of Comerce  Lake Superior News
#LSN_Econ Charla Robinson, Kevin Anderson, Kerry Berlinquette, Ken Boshcoff

This weekend, representatives of the Thunder Bay Chamber of Commerce are in Fredericton, NB for the Annual General Meeting of the Canadian Chamber of Commerce to promote Thunder Bay as the host location for the 2018 conference.  It will be the first time in Chamber history that the national conference is held in Northern Ontario.

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Soo Chamber to Host Town Halls - Wednesday, September 20, 2017

Soo Chamber to Host Town Halls on Bill 148’s Proposed Changes to Labour Laws

Sault Ste Marie Chamber  Town Hall Meeting    Lake Supeiror News
#LSN_Econ  Proposed Changes to Labour Laws and on Minimum Wage

Sault Ste. Marie, ON – The Ontario Government’s Bill 148, the Fair Workplaces, Better Jobs Act, introduces very significant changes to our province’s employment legislation. It includes a swift increase in the minimum wage by more than 30% to $15/hour in less than eighteen months and also introduces new proposed rules for vacation time, on-call work, equal pay for temporary and part time workers, scheduling and emergency leave days.

The Sault Ste. Marie Chamber of Commerce has arranged TWO Town Hall forums and is inviting businesses, associations, government agencies and representatives, unions, social justice groups and interested individuals to take part and share their feedback on the proposed legislation, their concerns or their support.

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‘Tis the Season - Tuesday, September 19, 2017

Chamber Launches ‘Tis the Season Show and Shop'

Chamber Launches ‘Tis the Season Show and Shop'  Lake Superior News
#LSN_Econ Thunder Bay’s first holiday entertaining show

Thunder Bay, Ontario,  --  September 19, 2017  (LSN)  The Thunder Bay Chamber of Commerce is pleased to introduce Thunder Bay’s first holiday entertaining show, aimed at connecting consumers with local business as they begin planning for the holiday season.
‘Tis the Season Show and Shop will take place on Sunday, November 5th at the Valhalla Inn and will feature Thunder Bay’s leading experts in fine foods, cocktails, fashion, home décor and guesting gifts. Attendees will enjoy live demos, fashion shows, product sampling and inventory for purchase.

Chamber President Charla Robinson says the event is designed to offer a wider audience the opportunity to connect with the talent and expertise of Thunder Bay businesses at a time when they’re starting to make their holiday plans.

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DNR public comment period onPolyMet dam public waters work permits - Saturday, September 16, 2017

DNR public comment period onPolyMet dam public waters work permits 

comment period on draft PolyMet dam
#LSN_Econ   DNR public comment period onPolyMet dam public waters work permits

HOYT LAKES, MINNESOTA,  Septemberf 16, 2017   (LSN) The Department of Natural Resources is seeking comments, from Sept. 15 through Oct. 16, on two draft dam safety permits and a draft public waters work permit for the Poly Met Mining, Inc. (PolyMet) NorthMet mining project. The permits relate to a proposed copper-nickel mine near Hoyt Lakes in northeastern Minnesota.

This is the public’s opportunity to submit written comments on these draft permits.

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Thunder Bay Regional Health Research Institute - Wednesday, September 13, 2017

Thunder Bay Regional Health Research Institute 

Thunder Bay Regional Health Research Institute  radioisotopes  Lake Superior News
#LSN_Econ  Staying Abreast of Innovation Innovative ideas and medical research combine to improve patient treatments

THUNDER BAY, ONTARIO   September 13, 2017  (LSN)  There's a unique device under development in Thunder Bay that could radically change the way in which breast cancer is detected. Currently, mammography is used to highlight changes in the breast, including abnormal density of tissue that can be associated with cancer. However, dense tissue can also be a cyst, benign tumour, fibroid or even an infection.

The need for accurate testing is great. According to the U.S. National Breast Cancer Foundation Inc., of the two million Canadian and American women a year who are sent for a biopsy following suspicious mammography findings, only 20 per cent are confirmed as having cancer.  Consequently every year, more than one million North American women experience anxiety and stress due to a false positive result and could avoid a biopsy if better technology were available. Four million others, who do not undergo a biopsy, are sent home with inconclusive results, leaving many to worry about their health status until their next test.

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CHAMBERS EXTENDS INVITATION TO MINISTER OF FINANCE BRING CONSULTATIONS - Thursday, September 7, 2017

CANADIAN CHAMBER EXTENDS INVITATION TO MINISTER OF FINANCE: BRING CONSULTATIONS TO THE CHAMBERS, LOCAL CHAMBER AGREES

Consultations with Finance Minister  Welcomed  Lake Superior News
#LSN_Econ  Canadian and Thunder Bay Chambers welcome meeting with Minister of Finance 

Saskatoon, SK – September 7, 2017  (LSN)  In response to yesterday's announcement by the Minister of Finance that he and his colleagues want to discuss his proposed tax changes with small business owners across the country, the Canadian Chamber of Commerce is offering to organize 25 cross-country forums.

“I welcome the Minister’s wish to meet with small business owners. To assist, the Canadian Chamber is offering to provide 25 forums across Canada, organized by our network of local chambers between now and the end of November, for the Minister and his colleagues to explain the government's tax reform proposals to small businesses and hear their concerns," said the Hon. Perrin Beatty, President and CEO of the Canadian Chamber of Commerce. “This would be without cost to the government. Our only preconditions would be that the government put these massive tax changes on hold to allow time for these meetings to take place and that it commit to fairly consider the issues raised.”

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CRTC More competition for Internet - Sunday, September 3, 2017

CRTC enables greater competition in the broadband Internet market

CRTC  Shaw  Tbaytel   Lake Superior News
#LSN_Econ      CRTC  Greater Competition for Internet Market

August 29, 2017 – Ottawa-Gatineau – Canadian Radio-television and Telecommunications Commission (CRTC)  Judith A. LaRocque, Chairperson and CEO of the CRTC “Today, the CRTC is fostering a more dynamic competitive telecommunications market by ensuring competitors have access to the wholesale services they need at reasonable prices. This decision, along with multiple decisions rendered by the CRTC in recent years, continue to help ensure a healthy wholesale market, which is crucial to providing Canadians with choice.”

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Marten Falls Ring of Fire Road - Saturday, September 2, 2017

Marten Falls First Nation's North-South Road Goes to the Community and Eventually to Ring of Fire

Martin Falls Road to Ring of Fire     Lake Superior News
#LSN_Econ    Road to Ring of Fire  thought Martin Falls

THUNDER BAY, Ontario, September 2, 2017 /PRNewswire/ --  (LSN)  Marten Falls First Nation was pleased to participate in the August 21st media announcement of the government of Ontario. What is most important for Marten Falls and has been overlooked in the announcement is the reality that the First Nation will finally, after years of negotiating and planning, get a community access road. The road to the community will follow a north-south alignment from around Aroland/Nakina and construction of the road is planned to start in 2019.

Marten Falls views the access road as a means to food security and to improving housing, education and economic opportunities. The First Nation experiences poverty, drug addiction, and social and economic challenges and has also been denied development and employment opportunities due to remoteness. Marten Falls has been looking for options to connect the community to the provincial highway for a while and although four other remote regional First Nations received $785,000 in March 2015 from the federal and provincial governments for studying an all-weather road, Marten Falls only started work on road options with the province late last year.

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TBay Chamber NAFTA Discussions DMT - Wednesday, August 30, 2017

​CHAMBERS PARTNER TO ENSURE LOCAL BUSINESSES REPRESENTED IN NAFTA DISCUSSIONS

Thunder Bay Chamber  NAFTA  Lake Superior News
#LSN_ECON   TBay Chamber NAFTA Discussions 

THUNDER BAY, ONNTARIO  – August 30, 2017  ---   (LSN)  The Thunder Bay Chamber is partnering with the Greater Niagara, Sarnia Lambton and Windsor-Essex Regional Chambers to ensure local business interests are strongly represented in NAFTA discussions by bringing their “Protect Canadian Business by Keeping the De Minimis Threshold Low” resolution to the Canadian Chamber of Commerce AGM, September 23-25, 2017 in Fredericton, NB.

Given that NAFTA renegotiations appear to be going forward, the four Chambers recommend that the federal government maintain the current Canadian De Minimis level of $20 to prevent granting an unfair advantage to foreign online retail sellers operating in the Canadian marketplace.

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2,010 JOBS AT RISK IN THUNDER BAY DISTRICT - Monday, August 21, 2017

2,010 JOBS AT RISK IN THUNDER BAY DISTRICT FROM BILL 148

Jobs at Risk Thunder Bay District Lake Superior News
#LSN_Econ   
Hardest hit sectors include: accommodations & food services, retail, and private health care and social services

THUNDER BAY. Ontario –  August 21, 2017   (LSN)  Further details were released today regarding the projected local impacts of Bill 148, the Fair Workplaces Better Jobs Act. Economic analysis undertaken by the Canadian Centre for Economic Analysis (CANCEA), revealed that if the legislation is implemented as currently drafted, it will place 2,010 jobs at risk in Thunder Bay District.

“The pace of change proposed in Bill 148 will hurt our city and our region,” says Charla Robinson, President of the Thunder Bay Chamber of Commerce.  “The data shows that the accommodations & food sector will be hit hardest with 220 jobs at risk, followed by 170 retail jobs at risk, and 140 private health care and social assistance jobs at risk.  We are calling on the Premier to slow down the implementation of this legislation to avoid these unintended consequences and protect jobs and the most vulnerable in Thunder Bay.”

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185,000 ONTARIO JOBS AT RISK FROM BILL 148 - Monday, August 14, 2017

Thunder Bay Chamber Commerce Jobs at Risk
#LSN_Econ   185,000 ONTARIO JOBS AT RISK FROM BILL 148

THUNDER BAY - ONTARIO - August 14, 2017  (LSN)  Today the Keep Ontario Working Coalition (KOW), in partnership with the Ontario Chamber of Commerce (OCC) and the Thunder Bay Chamber of Commerce, released the first and only independent economic impact analysis of Bill 148, the Fair Workplaces Better Jobs Act. Conducted by the Canadian Centre for Economic Analysis (CANCEA), the study revealed that if the legislation is implemented as currently drafted, there will be significant, sudden and sizable uncertainty for Ontario jobs, economy and communities.

The study concludes that these vast, unprecedented reforms will put about 185,000 jobs at risk in the first two years, greatly impacting Ontario's most vulnerable workers.

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Minimum wage hikes hurt most vulnerable - Monday, August 14, 2017

Minimum wage hikes hurt
#LSN_Opinion   Minimum wage hikes hurt most vulnerable

VANCOUVER, B.C./Troy Media/ August 8, 2017  (LSN) – With many of Canada’s largest provinces (Ontario, Alberta, British Columbia) either committing to or considering a minimum wage of $15 per hour, many analysts – including us – note that this policy will hurt many vulnerable workers by reducing job opportunities.

But in an open letter to Ontario Premier Kathleen Wynne, 53 “economic experts” dismissed this concern as “fear-mongering” and “out of line with the latest economic research.”

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