5 Minutes for Business - Archivesthoughtful reading supplied by the Canadian Chamber of Commerce
Accessibility in Canada is inadequately addressing the barriers nearly four million Canadians face. Within the next 20 years, that number is expected to soar to over nine million, but by creating a more accessible Canada, there is a potential to unlock $16.8 billion in GDP by increasing our economy’s productive capacity by 2030, according to the Conference Board of Canada. Find out more in this month’s 5 Minutes for Business.
With our GDP at a standstill, businesses need to see a focus of protecting and fostering growth in the upcoming federal budget ahead of thisyear’s federal election. That being said, while we do not have a crystal ball here at the Canadian Chamber, we do have our ears to the ground in Ottawa and we are unsure the budget will address ongoing business concerns.
50 years of cutting and pasting has left Canadian taxation uncompetitive, cumbersome and inefficient. Now more than ever a Royal Commission on taxation, with everything on the table, is needed to align Canada’s tax system with the economy of today and tomorrow…
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A plan to replace Canada’s current patchwork approach of reacting to daily numbers is overdue. It is neither socially nor economically sustainable to rely heavily on rotating lockdowns while we wait for an effective vaccine to be widely administered in the coming year.
Let the government know we need a plan to manage COVID-19.