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Fiscal update lacks a plan for sustainable economic growth
The federal government’s fall economic statement promises hundreds of billions of dollars in new spending but lacks a substantive plan to spur private sector investment and economic recovery, the Business Council of Canada says. “Business, not government, is the […]
Canadian business leaders welcome the UK-Canada transitional trade agreement
Canada and the United Kingdom share close people-to-people and business ties. A transitional trade agreement between our two countries will ensure the economic relationship with Canada’s third largest export market will continue without disruption. We look forward to reviewing the […]
Transparency around net-zero emissions targets is essential, business leaders agree
Goldy Hyder, President and CEO of the Business Council of Canada: Greenhouse gas (GHG) emissions targets are important, as is the process to assess progress against those targets. But even more essential is a coherent, cost-effective plan that clearly sets […]
Canadian business leaders welcome the federal government’s proposed Digital Charter Implementation Act
Statement by Goldy Hyder, President and CEO of the Business Council of Canada: The federal government’s proposed Digital Charter Implementation Act sets out clear rules to protect consumers, promote innovation, and strengthen Canadians’ confidence in the emerging digital economy. As […]
Business Council of Canada welcomes new immigration plan
Immigration Minister Marco Mendicino’s plan to increase the number of new permanent residents coming to Canada over the next three years will help to strengthen the country’s economy at a crucial time. There is widespread agreement across party lines that […]
Statement on the Speech from the Throne
Today’s Speech from the Throne recognizes that a healthy economy requires a healthy population. All of us – governments, businesses, workers, Canadians in every corner of the country – need to do our part to keep COVID-19 in check. In […]
Canada’s business leaders congratulate new Conservative Party leader Erin O’Toole
The Business Council of Canada congratulates Erin O’Toole on his selection as the new leader of the Conservative Party of Canada and offers best wishes to outgoing party leader Andrew Scheer. The leader of the official opposition plays an essential role […]
Statement on new income support for workers
Today’s announcement of $37-billion in new income support for workers affected by the pandemic underscores the need for a stronger focus on job creation and economic growth. The best income–support program is a job. We stand ready to work with the federal government in shaping an economic strategy that will build confidence, create good jobs and fuel business investment. Help for those […]
Canada’s business leaders thank The Honourable Bill Morneau for his service to Canada
Canada’s business leaders thank The Honourable Bill Morneau for his service to Canada as finance minister and his commitment to sound public policy over the past five years in extremely challenging circumstances. Canada needs strong and steady leadership during these extraordinary […]
Statement on the revised Canada Emergency Wage Subsidy (CEWS) program
The Business Council of Canada welcomes the passing of legislation to revise the federal government’s Canada Emergency Wage Subsidy (CEWS) program. The CEWS was originally designed as a short-term, emergency relief program for companies that had suffered a dramatic loss of revenues as a […]