Canada is at an economic and social tipping point because of our inability to get energy resource infrastructure built. The business community presses for action from federal government

Canada’s resource sector remains a vital driver of our economy, helping to create jobs and economic prosperity not just for those who work in the sector, but for millions of Canadians across the country.  These resources must be developed responsibly and sustainably and we must support the development of the infrastructure required to ship them to markets across Canada and around the world.   

The oil and gas industry is Canada’s largest private investor, $40 billion annually.  Canada is currently struggling to attract investment to the resource sector. Rising costs from increased taxation, a burdensome regulatory environment, and the lack of pipeline infrastructure is negatively affecting our ability to compete for the capital needed to create jobs and national prosperity.

In an effort to resolve some of these issues, the government introduced Bill C-69, a piece of government legislation titled “The modernization of the National Energy Board Act (NEBA) and Canadian Environmental Assessment Agency (CEAA).” It seeks to overhaul both the NEBA and CEAA, changing how major infrastructure projects are reviewed and approved in Canada.  The Bill has been passed by the House of Commons and is now in its third reading in Senate.

Although the Canadian Chamber supports the objective of a review and assessment process initiated by the government, the business community has a number of concerns with Bill C69 as it contains flaws that could seriously disadvantage specific sectors. 

As drafted, Bill C69 could lead to greater uncertainty in the assessment and review processes. The new bill requires assessment and decisions based on broad public policy questions that are beyond the scope of individual projects. It introduces longer timelines, and vague criteria that will increase the risk of legal challenges. Additionally, it gives the Minister of Environment and Climate Change Canada broad discretionary powers, which could further increase uncertainty for major infrastructure projects

Unless these issues are resolved, the legislation will increase regulatory uncertainty for many of Canada’s resource sectors and their related industries.  This uncertainty will deter investment and undermine economic growth and job creation.  Attempting to deal with the diversity of projects covered by the legislation with a one-size-fits-all legislative solution is doomed to fail.  To achieve its intended purpose, Bill C69 must be flexible enough to address the unique circumstances of all of our resource and infrastructure projects from ports, mining and utilities, to oil and gas, among others. 

Subsequently, the Oakville Chamber is joining other Chambers across the country to call on the government to make amendments to Bill C-69 that will institute a regulatory process that allows for certainty, predictability and transparency to the Bill. This requires clear deadlines, keeping larger national policy discussion separate from the technical project reviews, and respecting provincial jurisdictions.  We are calling on the government to get our energy resources to tidewater, starting by recognizing that the Trans-Mountain Expansion is in the national interest and by expediting its construction in uncontested jurisdictions. 

Pipeline delays and cancellations, open-ended and expensive consultation processes, and general project uncertainty have already scared off a great deal of investment capital and have put many projects at risk.

If this bill is passed without significant amendments, it will create enormous uncertainty, more red tape and increased court challenges. Not only for the energy sector but for virtually every major infrastructure project in Canada for years to come, threatening our economic prosperity.

In a global business environment, it is critical that our regulatory systems balance economic growth with environmental protection and that our elected government create the conditions for that sustainable growth.

– Faye Lyons, Vice President of Government Relations & Advocacy






Oakville Chamber is proud to support the MNP Future Leaders mentorship program



The Oakville Chamber of Commerce is pleased to partner with MNP and other local stakeholders for the MNP Future Leaders mentorship program. We are dedicated to building the communities where we live and work and the local entrepreneurs we serve.

Recognizing the importance of mentorship for growing businesses, this program provides entrepreneurs with the support, advice and tools they need to succeed in a rapidly-changing business environment.

We encourage entrepreneurs to check their eligibility and apply before the March 25, 2019 application deadline.

To learn more about the program, visit www.MNP.ca/futureleaders





RBC Economic Outlook 2019

The Oakville Chamber of Commerce was pleased to present their members and the Oakville business community with the RBC Economic Outlook 2019. The event provided guests with the opportunity to hear from RBC’s Chief Economist Craig Wright, Ipsos’ Canada Vice President Sean Simpson, and Ontario Real Estate Association’s President Tim Hudak. Following the keynote presentations there was a question and answer forum moderated by Tim Cestnick, Columnist at the Globe and Mail and CEO of Our Family Office. 

If you would like to obtain a copy of Craig Wright’s presentation slides please e-mail Kristen at kristen@oakvillechamber.com 

Coverage of the event:




Oakville Chamber receives Reaccreditation

The Chamber Accreditation Council of Canada (CACC), a dedicated team of representatives from all levels of the Chamber Network, has given the Oakville Chamber of Commerce the highest praise the group can bestow. The CACC has re-accredited the Oakville Chamber for another three years: 2019 to 2021. Accreditation is a formal acknowledgement that member Chambers of Commerce have been successfully evaluated by the CACC against rigorous national standards of policy, service and performance.
 
Accreditation ensures:
  • Strategic focus on core chamber activities.
  • Uniform practices and policies across the network.
  • Dependable governance procedures.
  • Distinctive brand identity.
  • A competitive edge against other business organizations.
  • A stronger “voice of business” in your community.
  • An increased role in national and international policy advocacy
 



Oakville Chamber Hosts RBC Economic Outlook: Featuring a Distinguished Panel Offering Their Views for 2019

Tim CestnickThe Oakville Chamber of Commerce will host its annual RBC Economic Outlook on Tuesday, January 22nd at the Oakville Conference Centre. The Chamber is excited to debut a new format that will include expert analysis and a panel discussion led by Tim Cestnick, Globe & Mail Columnist and CEO of Our Family Office. The expert panel will include:

  • Craig Wright, Senior Vice-President and Chief Economist, RBC
  • Sean Simpson, Vice President, Ipsos Public Affairs
  • Tim Hudak, Chief Executive Officer, Ontario Real Estate Association

The event provides an ideal opportunity for business owners and professionals to understand how economic and social factors may impact their business. Questions to the panel will be accepted from the audience. Tickets are available to both Oakville Chamber members and non-members.

“The RBC Economic Outlook is one of the Oakville Chamber’s signature events. We are excited to debut the new format and I look forward to hearing the panelists observations on the economy as we head into the New Year” stated Tim Caddigan, Chair of the Board, Oakville Chamber of Commerce. “We thank our partners RBC, Henderson Partners LLP, the Oakville Milton and District Real Estate Board (OMDREB) and Ipsos Canada for their support in making this event possible.”

Event Details

Date: Tuesday, January 22, 2018

Time: 7:30am – 9:30am

Location: Oakville Conference Centre (2515 Wyecroft Road)  

Tickets:

Oakville Chamber Members and OMDREB Members

  • Individual Tickets: $45
  • Table of 8: $325

Non-Members

  • Individual Tickets: $65
  • Table of 8: $475

Register online through the events calendar, or by contacting the Oakville Chamber directly at 905-845-6613, or info@oakvillechamber.com
To register media attendance for this event, please contact Kristen Curry, Communications Manager, at kristen@oakvillechamber.com or at (905) 845-6613 x 209.



Long-Term Transportation Plan Fundamental to Ontario’s Diverse Transportation Needs

This week the Ontario Chamber of Commerce released Moving Forward: Towards a Strategic Approach to Ontario’s Transportation Needs (Part I), a policy report calling on the Ontario Government to develop a Long-Term Transportation Plan. To address the current and future transportation needs of the province, the report highlights three areas of opportunity that will help improve the movement of goods and mobility of Ontarians.

In a recent Ontario Chamber survey, 58 percent of Ontario businesses rated existing transportation infrastructure as fair or poor. With much of the existing infrastructure in Ontario built in the 1950s and 1960s and nearing the end of its useful life, the Ontario Chamber of Commerce recognizes that the costs of investment are high, and Ontario is far behind when it comes to building new and maintaining old infrastructure.

“Transportation is the backbone of our economy, affecting the movement of people and goods and the everyday lives of Ontarians and businesses,” said Rocco Rossi, President and CEO of the Ontario Chamber of Commerce. “Yet, congestion, limited transit connectivity, population growth, aging assets, unique regional needs, and a historic under-investment in infrastructure have led to a significant gap between the actual and needed infrastructure in Ontario. This has led to real challenges faced by Ontario residents and businesses every single day.”

The Ontario Chamber developed an initial thirteen strategic and pertinent transportation recommendations for a stronger Ontario within three critical areas. Although not an exhaustive review of all transportation modes and regional needs across the province, this approach will help to address the current and future transportation needs of the province with a focus on:

  1. Transit planning governance (with an initial focus on the GTHA);
  2. Moving people and goods by rail; and
  3. Autonomous vehicles.

The report points to short- and long-term opportunities, including CN Rail’s Milton Logistics Hub, the use of advanced signalling technology to increase capacity on subways, VIA Rail’s High Frequency Rail proposal, bringing two-way all-day GO Train service to the Innovation Corridor, developing ‘Union Station West’, and the return of passenger rail to Northern Ontario.

Ontario was also the first province in Canada to implement a pilot regulatory framework to allow for the testing of autonomous vehicles and driverless technology. The report calls attention to the readiness of the province for the reality of autonomous vehicles in the near future, recommending Ontario capitalize on its first-mover status in this space. The OCC urges all levels of government to work together with industry to attract future investments, innovation, and jobs, as well as ensure Ontario is the first province to reap the benefits associated with this technology.

“50% of Ontario businesses view transportation infrastructure as critical to their competitiveness. The province needs a plan that is strategic, provides value for public dollars, optimizes existing assets, leverages the private sector and technology, and takes into account the unique needs of our province,” added Rossi. “Moving forward, we will continue to consult our members on the province’s vast and diverse transportation needs.”

The Ontario Chamber of Commerce has been active on the transportation file for years, and will continue to provide thought leadership on other transportation modalities as part of its ongoing advocacy on the province’s transportation planning and priorities.

Read the Ontario Chamber of Commerce’s report: Moving Forward: Towards a Strategic Approach to Ontario’s Transportation Needs (Part I).




The Accelerating Pace of Change: Economic, Business and Policy Outlook for 2019

Last night business and association executives, as well as senior public servants gathered at our annual Crystal Ball Symposium to hear from leading experts on how trends in technology, the global economy and international politics will affect Canadian business 2019 and beyond.   

This year’s event featured Linda Mantia, Chief Operating Officer for Manulife.  Responsible for globally leading corporate strategy and corporate development, analytics, technology, marketing, innovation, human resources, regulatory and public affairs, global resourcing and procurement, and the global program office. Ms. Mantia and the Canadian Chamber of Commerce’s Chief Economist Trevin Stratton discussed topics ranging from the growing economic divide and the national economy to strategies for businesses during this period of change.

In the full report, released today, we lay out what we heard over the course of the last year about the environment businesses expect to be operating in throughout 2019 and the implications that has for policy-makers and business leaders.

Read the full outlook.


Sailing the Rhine: Holiday Markets

Limited space. Fifteen cabins have been reserved at a special rate for members of the Oakville Chamber of Commerce!

The Oakville Chamber of Commerce introduces an inaugural River Cruise Trip in partnership with Expedia CruiseShipCentres Oakville South! 
Embark on a romantic journey through Rhine River November 29 to December 9, 2019. Enjoy the beautiful landscapes of the Swiss Alps and explore the historical architecture. Visit Basel, Switzerland; Strasbourg, France; Karlsruhe, Mannheim, Rudesheim, Koblenz and Cologne, Germany; and Amsterdam, Netherlands. 

All Inclusive Excellence
The distinguishing hallmark of the Crystal River Experience is undiluted excellence. Aboard ships purposefully designed for today’s most sophisticated travelers, the ambience is carefree yet luxurious, engaging yet relaxing

Legendary Expertise
Built on over 28 years of expertise of serving luxury customers, Crystal River Cruises carefully crafted itineraries follow the Rhine River with Crysal’s award-winning fi nesse, venturing into the heart of iconic destinations adorned with castles and palaces, vineyards and forests, monuments, art and holiday markets!


Learn more.



2018 Fall Economic Statement

The Oakville Chamber of Commerce has issued the following statement in response the the Government of Ontario’s 2018 Fall Economic Statement.

“The Oakville Chamber of Commerce is encouraged by many of the measures outlined in the Government’s Fall Economic Statement including the focus on fiscal accountability, electricity costs, and cutting cumulative red tape. Our local and provincial economy are strongest when industry and government work together.  We look forward to working with our local MPPs as we continue to discuss the measures outlined in the Fall Economic Statement and advocate on behalf of our members”

Drew Redden, President, Oakville Chamber of Commerce

Read the Ontario Chamber of Commerce’s analysis of the 2018 Fall Economic Statement.

Read the 2018 Fall Economic Statement.