Chamber News

This was not supported by CCC and therefore withdrawn

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…

Issue Canada, committed to developing as a knowledge and technology supplier to the world and currently one of the world’s leading mining jurisdictions, lacks a comprehensive strategy to make mining and the mineral sector a key component of its continued growth on the world stage. Background Canada is one of the largest producers of minerals…

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…

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…

Submitted by Timmins Chamber of Commerce, supported by GSCC – withdrawn following the Federal Budget announcement that included the addition of the EcoEnergy Retrofit Program.