Budget 2019 puts businesses on the sidelines, misses chance to fix fundamental flaws in our economy: Greater Sudbury Chamber of Commerce

Budget 2019 puts businesses on the sidelines, misses chance to fix fundamental flaws in our economy: Greater Sudbury Chamber of Commerce GREATER SUDBURY, March 20, 2019 – Yesterday’s federal budget fails to address the fundamental issues undermining the ability of Canada’s business owners to create more jobs and economic prosperity for all Canadians, according to…

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Media Release: Regulatory burden undermining business competitiveness, new chamber report finds

(Greater Sudbury, May 31, 2018) Canada’s regulatory system is smothering business, thanks to a growing mix of complex, costly and overlapping rules from all levels of government.  A new report by the Canadian Chamber of Commerce, and supported by the Greater Sudbury Chamber of Commerce, Death by 130,000 Cuts: Improving Canada’s Regulatory Competitiveness, calls on…

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Open letter from Canadian businesses to our elected representatives

February 11, 2022 – Canadian businesses have suffered under the strain of constant disruptions over the last two years. The challenges they have had to overcome have included COVID-19, extreme weather events, increasing inflationary pressures, labour shortages and supply chain disruptions. Now achieving a successful recovery is threatened by the ongoing blockades of the critical infrastructure…

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Role of Taxation in Enhancing Canada’s Productivity Through Encouraging Skills & Training for Small Business

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…

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Standardized Accounting: Reducing Administrative Burden for Business and Government

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…

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