GREATER SUDBURY, May 13, 2019 – Today, the Greater Sudbury Chamber of Commerce, in collaboration with the Canadian Chamber of Commerce and the national Chamber network, launched its platform for the 2019 federal election, Vote Prosperity, to urge federal party leaders to put the needs of Canadian business front and centre in the upcoming federal…
Many Canadian parent companies strive to expand their operations globally and in doing so, make significant investments in subsidiaries located outside of Canada. To protect these investments and limit risks, the parent company hedges the investment to limit foreign exchange loss that can otherwise accrue. Any gains and losses that arise from these hedges generally…
The Greater Sudbury Chamber of Commerce wrote a letter to our local members of parliament, MP Viviane Lapointe and MP Marc Serré, to express our concerns about the upcoming end of the Rural and Northern Immigration Pilot (RNIP) this year. Please find our letter, and their replies, attached below.
March 16, 2022 – Canadian businesses are calling on the federal government to do what is best for Canada’seconomy. The federal government must act to prevent a Canadian Pacific (CP) work stoppagenow. Supply chains are under serious strain both here and around the world. Many of the issuesCanada can’t fix by itself, but some we…
The introduction of the standardized accounting initiative by the Canada Revenue Agency (CRA) is intended to simplify tax compliance for businesses by harmonizing accounting, interest, and penalty provisions. It has, however, resulted in a significant increase in the transfer of funds between taxpayer accounts. The result is a significant administrative burden on taxpayers (both large…
The skills and labour shortage facing Canada is already nearing epidemic proportions due to increasing skill shortages, the aging of our workforce and global competition. According to the Conference Board of Canada, by 2020 Canada will be facing a labour shortage of nearly 1 million workers. The shortage of skilled workers and new job entrants…
