- About the Council
Since the beginning of 2019, Canadian CEOs and business leaders have been speaking out about the urgent need to make smart decisions today so that Canada continues to thrive socially and economically for many years to come.
In an op-ed in The Globe and Mail, Mac Van Wielingen, founding partner of ARC Financial, shares this perspective:
“We can contain, curtail, and dismantle our leading industry. Or we can consider the facts, and pursue a future for our oil-and-gas sector that is both moral and smart, demonstrating a commitment to long-term energy leadership in all facets of the industry, including the environment.”
At Enbridge’s Annual Meeting of shareholders, Al Monaco, President and Chief Executive Officer shared the following:
“There’s no reason that we shouldn’t be able to pursue energy exports and global emission reduction at the same time. Yet, we are squandering this opportunity, there’s no doubt about that, while our largest trading partner across the border capitalizes on the same advantages that I just took you through. Right now they are aggressively executing an industrial and export strategy driven by their energy advantage. Canadians, I think, have been pretty patient through the peace year, but it’s time to get our act together, frankly, to seize the energy advantage that we have.”
At National Bank of Canada’s Annual Meeting of shareholders, Louis Vachon, President and Chief Executive Officer shared the following:
“We cannot take for granted this favourable situation. We cannot rest on our laurels. It’s not going to be here forever, which is why I’ve agreed to co-chair the Task Force on Canada’s Economic Future – organized by the Business Council of Canada – whose aim is to trigger public discussion and ensure we have the right strategies in place to ensure the brightest economic future for future generations.”
In media interviews following his company’s AGM, Joe Natale, President and Chief Executive Officer of Rogers, shares this perspective:
“The next 12 or 24 months will define and dictate the future of digital evolution in Canada. We have an opportunity to lead in that area. More than ever, it’s a critical time for us to step up and create the environment.”
In Edward Greenspon’s interview of Dawn Farrell, President and Chief Executive Officer of TransAlta, at the Public Policy Forum’s Growth Summit in Toronto, she shared this perspective:
“Canadians are very slow. We like to talk. We take years to do what others do in months. Australia is fast. They feel the heat of China.”
In his address at the Public Policy Forum’s Growth Summit in Toronto, Victor Dodig, President and Chief Executive Officer of CIBC, shares this perspective:
“Today, we can rightly be proud of where we are as a country, but we have an opportunity to think ambitiously and nationally in three key areas to ensure our future prosperity.”
In an interview with BNN Bloomberg’s Amanda Lang, Bharat Masrani, President and Chief Executive Officer of TD, shared this perspective:
“We’ve lost a bit of our brand value over the past few years
At one point we were the darling of the world, this was where everyone wanted to invest. So, we’ve lost a bit of that. But these things go in cycles. We’re a developed economy, this morning we had the bank’s annual meeting and I talked about problems, real problems that need to be fixed.”
Dave McKay, President and Chief Executive Officer of RBC, shared this perspective with the Halifax Chamber of Commerce:
“Our capacity to grow and advance our economy is stalling. It’s impacting our ability to compete globally.
And yet, we know what our country looks like when Canada is at its best. As the world around us is rapidly changing, this is the time to pull together and not pull apart.”
In address by Brian Porter, President and Chief Executive Officer of Scotiabank, to the Calgary Chamber of Commerce, shared this perspective:
“Desperately needed pipelines, processing and export facilities are consistently bogged down by excessive regulation, misinformation and indecision.
As Canadians, we must not fool ourselves.
As investment dollar shift to other jurisdictions, and Canadian competitiveness lags, we all pay the price.”
Chuck Magro, President and Chief Executive Officer of Nutrien, shared this perspective to the Greater Saskatoon Chamber of Commerce:
“But when you step back and look at what’s happening around the world, that theme of change is powerful and we should ask ourselves: Is there more we should be doing to ensure that Canada and Saskatchewan are the preferred places to do business?
Because investment brings jobs. Investment is what pays for the important social services that Canadians are rightfully proud of. It brings improved quality of life for all of us.
I see no reason why Canada shouldn’t be the best place in the world to invest.”
Dave McKay, President and Chief Executive Officer of RBC, and Al Monaco, President and Chief Executive Officer of Enbridge, shared this perspective with the Canadian Club of Toronto:
“We’ve got all these pieces,” Monaco said. “We’ve got to put them together, so we can actually develop an energy strategy here that utilizes this great competitive advantage we have.”
“We risk ceding that dividend to others instead of taking control of it and building the world around us that we envision, not letting others do that,” McKay said.
Calin Rovinescu, President and Chief Executive of Air Canada, in his address to the Canadian Club of Montreal, shared this perspective:
“Before closing, in this election year, I do need to say a few words about Canada’s competitiveness and economic growth prospects. Last week, I attended a meeting of the Business Council of Canada, where CEOs of Canada’s leading companies are members. This group of 150 companies employs about two million Canadians – and like our team at Air Canada, all are committed to building a future of good jobs, strong communities and a higher quality of life for Canadians – in effect, increased prosperity.”