Written by
Robin Cooke
—
November 17, 2022
On November 14th, the Ontario's Finance Minister, the Hon. Peter Bethlenfalvy, released the 2022 Ontario Economic Outlook and Fiscal Review, outlining the Government's economic plan and revealing the state of Ontario's economy.
The Ontario Chamber of Commerce (OCC) appreciates additional measures to fill labour shortages across a variety of sectors, in particular the skilled trades, health care and early childhood education; provide tax relief for small businesses; and support for workers with disabilities.
As the indispensable partner of business, the OCC will continue to work with the provincial government to address the needs of Ontario businesses and provide recommendations to support sustainable economic growth.
Read the Chambers Release
Our rapid policy update highlights new expenditures, provides an analysis from the perspective of the business community, and outlines areas in need of further attention in Budget 2023.
Along with the 2022 Fall Economic Statement, the Government of Canada is launching a series of consultations on measures to reduce costs for small businesses, ensure the stability of our economy in a digital world, and improve the fairness of our tax system.
Canadians are invited to share their views and feedback on the proposed measures and have their say in the government’s direction as it works toward implementation of the following previously announced government priorities.
Government providing ongoing relief for businesses and families during uncertain times
As part of its plan to help keep costs down for Ontario families and businesses, the government’s 2022 Fall Economic Statement will propose legislation that would, if passed, extend the current gas and fuel tax rate cuts to December 31, 2023.
“At a time when inflation has reached the highest levels in over four decades, we know families are feeling the pressure from rising prices on everything from gas to groceries,” said Premier Doug Ford. “To continue providing real relief, our government is proposing to extend the gas tax cut for another year to put more money back in peoples’ pockets where it belongs.”
The proposed extension of the gas and fuel tax rate cuts for an additional year would save Ontario households $195 on average between July 1, 2022, and December 31, 2023. This extension follows legislation passed this spring that cut the gas tax by 5.7 cents per litre and the fuel tax by 5.3 cents per litre for six months, from July 1, 2022 to December 31, 2022.
The Women in Business Members are a group of highly engaged Sarnia Lambton business owners, employees, entrepreneurs, and professionals committed to supporting the professional and personal growth of women in our community.
Join us at the Dante Club on November 29th, at 11:30am to 1pm. Non-Chamber Members are invited to register and join this talented group of people supporting Women in Business in our community.
REGISTRATION CLOSES THURSDAY NOVEMBER 24 AT 3PM
Register before November 24th at 3pm!
Diversity matters. Businesses that embrace diversity, equity and inclusion have better business outcomes. When organizations recognize diversity as a source of strength and work to build an inclusive culture it provides a competitive advantage.
How can you build an inclusive organization? From recruiting and retaining diverse talent, to diversity in leadership, recognized panelists from the EDI space will share best practices and strategies to create and sustain inclusive workplaces and spaces.
The Ontario Chamber of Commerce is pleased to invite you to our event, an introduction to why Diversity, Equity and Inclusion Matter.
Date: Thursday, November 24, 2022
Time: 11:30 am – 12:30 pm
The Sarnia Lambton Chamber of Commerce and the Ontario Chamber of Commerce (OCC) are looking for your insights on issues that matter to your businesses. How confident are you in Ontario’s economy and your organization’s outlook? What should governments prioritize to drive economic growth?
Your participation in our annual Business Confidence Survey is as important as ever. The results of the survey will inform the 2023 Ontario Economic Report: the landmark research platform of the OCC, offering a unique perspective on the experience of businesses of all sizes across the province.
Extended Deadline: Wednesday, November 30, 2022 at midnight.
Take the survey and let the government know what is important to you!
This survey is being conducted by Golfdale Consulting, an independent consulting firm. All responses will be kept strictly anonymous and confidential.
Let's celebrate the upcoming holiday season together at the Chamber's upcoming Young Professionals Network event!
Join us for a jolly good time on December 6th at 6:30pm at Refined Fool’s Davis St location.
UNext is a Sarnia and area Property Management company founded by local real estate investors Ian Philipson and Amanda McWha who are dedicated to providing service and expertise to investors at all levels. Their market knowledge and property management expertise will ensure you experience an optimal return on your investment.
Ian and Amanda have 50+ years of combined experience in revenue-generating real estate, including 12+ years of landlord expertise. uNext Property Management Inc. was founded through Ian's and Amanda's passion for guiding inexperienced real estate investors and collaborating with seasoned investors.
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