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Response to Budget 2023
Budget 2023 includes measures to attract and retain business investment but the government’s worrisome fiscal position risks undermining long-term economic growth. “The targeted investment tax credits reflect a recognition of the need to improve Canada’s competitiveness in the low-carbon economy […]
Immediate action needed to ensure Canada’s environmental and economic security: report
Ottawa, March 2, 2023 – Canada urgently needs a comprehensive capital investment and energy transition strategy if it hopes to meet the federal government’s ambitious targets for greenhouse gas (GHG) emissions reductions, the Business Council of Canada (BCC) says. “Canada […]
Welcoming Heather Scoffield to the BCC team
The Business Council of Canada (BCC) is pleased to announce that Heather Scoffield is joining its executive team as Senior Vice President, Strategy. In her new role, Heather will help the BCC define, pursue, and achieve its strategic priorities and […]
Joint report offers recommendations for Mexico and Canada to boost economic relations
Canada and Mexico enjoy a mutually beneficial economic partnership but there is ample scope for greater collaboration to improve competitiveness and raise living standards in both countries, a new report says. The report – Primed for Growth: Optimizing opportunities in […]
Fall economic statement is a step in the right direction but lacks urgency, Business Council says
The federal government’s Fall Economic Statement includes a number of measures to spur investment in renewable energy, ease labour shortages and make life more affordable for Canadians, the Business Council of Canada (BCC) says. Last month, BCC President and CEO […]
Bolder economic immigration targets needed to tackle labour shortages
The Business Council of Canada (BCC) welcomes the federal government’s plan to increase the number of new permanent residents settling in Canada over the next three years. But with employers across the country unable to fill nearly one million job […]
November 3rd fiscal update must prioritize energy infrastructure, economic immigration, and fiscal prudence
When the federal government issues its fall fiscal update next week, Canada’s business leaders will be looking for measures that address both immediate economic challenges and the country’s future prosperity. In a recent letter to Deputy Prime Minister and Finance […]
Mexican and Canadian business leaders launch Canada-Mexico Business Summit
Preparing joint report for Canada-Mexico High-Level Economic Dialogue Last week, business leaders from Canada and Mexico met in Montreal and agreed to launch a Canada-Mexico Business Summit – an annual forum to increase bilateral trade and investment. The Summit will […]
German and Canadian business groups call for stronger partnership on energy and climate
Ottawa, Ontario, August 16, 2022 – In advance of next week’s visit to Canada by German Chancellor Olaf Scholz, German and Canadian business groups are calling for a stronger partnership between their two countries on liquefied natural gas (LNG), hydrogen […]
Strengthening economic ties with India is key to Canada’s success in the Indo-Pacific, report finds
Ottawa, Ontario – August 4, 2022 – As the federal government prepares to reveal its long-awaited Indo-Pacific strategy, a new report underscores the importance for Canada of strengthening economic ties with India. “India represents a vital door to the future […]