Looking ahead to the new year

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Dear Friends,

Canadians and others around the world have been through a lot this year: lingering pandemic restrictions, an unjust war in Ukraine, skyrocketing inflation, food insecurity, extreme weather events …

But I am confident Canada has everything it needs to thrive in the years ahead:

• We have energy, critical resources, and food the world needs;
• We have strong ties with our North American neighbours and other trading partners around the globe;
• We are investing in innovative solutions that will help Canada and the world transition to a net-zero future;
• We have the most educated population in the G7; and
• Our immigration system helps us attract skilled workers and top talent from around the world.

What we need from our political leaders is a sense of urgency to overcome the challenges we face. That is one of the reasons the Business Council of Canada urged the federal government to deliver Budget 2023 as early as possible in the new year. Time is of the essence – we must move from consultation and promises to concrete action.

Let’s work together to make the most of Canada’s competitive advantages and build a better future for our children and grandchildren.

On behalf of the Business Council of Canada, I wish you and yours a wonderful holiday season and a happy new year!

Goldy Hyder
President and CEO
Business Council of Canada

The BCC has for several years been calling on the federal government to develop a comprehensive plan for Canada’s engagement with the Indo-Pacific region. On Nov. 27 Foreign Affairs Minister Mélanie Joly unveiled the long-awaited strategy. While not perfect, the document reflects a sensible, pragmatic approach and provides greater clarity for businesses focused on fast-growing economies in the region.

If you’re looking for insights from the C-suite this holiday season, check out Speaking of Business with Goldy Hyder. We began season six with two inspiring CEOs: Deanna Zumwalt of Coril Holdings and Rania Llewellyn of Laurentian Bank.