Spending, deficit, and debt are going up. This budget increases government spending by $3 billion, from $127 billion in 2013-14 to $130 billion in 2014-15. The deficit will grow from $11.3 billion to $12.5 billion over the same period. Meanwhile, Ontario’s overall debt will grow to $289.3 billion by end of 2014-15 and $317.2 billion…
Last week, the Ontario Chamber of Commerce released their Pan Am report, Beyond the Finish Line: Ensuring a successful legacy for the Toronto 2015 Pan Am & Parapan American Games. Beyond the Finish Line identifies the crucial steps that governments and the private sector must take in order to ensure that the Pan Am Games leave…
The Canadian Chamber of Commerce recently issued a report entitled The U.S. Economy—Poised to Shift Into Higher Gear. While the U.S. economic recovery remains slow four years after the recession ended, some of the headwinds that have held back the economic recovery—low consumer confidence, a weak job market, a severely depressed housing market and tight…
MEDIA RELEASE For immediate release Ontario Chamber: Federal budget must address Canada’s competitiveness problem GREATER SUDBURY, April 4, 2022 – Canada is facing a competitiveness problem. Inflation, supply chain constraints, and labour shortages risk undermining a swift and robust economic recovery. Meanwhile, recent domestic and international events have renewed the spotlight on energy security and affordability. …
In April 2012, the Ontario Minister of Energy established the Ontario Distribution Sector Review Panel to provide expert advice to the government on how to improve efficiencies in the sector with the aim of reducing the financial cost of electricity distribution for electricity consumers. In this report, Renewing Ontario’s Electricity Distribution Sector: Putting the Consumer…
TORONTO, December 8, 2014: The Ontario Chamber of Commerce and its network of 160 chambers in communities across the province are urging the government to defer legislation that will pave the way for the Ontario Retirement Pension Plan (ORPP). The business group is calling on the Government of Ontario to answer outstanding questions about the…
