![]() Your local businesses have been through a lot over the last year-and-a-half. And the pandemic isn’t over. It’s going to take strong leadership, both locally and nationally, from the government of Canada to see to the end of this health crisis and move us toward a future where people, businesses and communities can thrive. This election is the ideal time to take a hard look at what is the best path to get us there. The Canadian Chamber of Commerce has put forward its own platform as a guide to assist candidates in understanding the needs, issues and opportunities at the forefront for the business community. Check it out at chamber.ca. Canadians must collectively decide which party offers a plan that has what it takes to grow: 1) Finishing the fight against COVID 2) Getting the fundamentals right 3) Creating 21st century opportunities Job One: Finishing the fight against COVID Though some things seem “back to normal,” many small enterprises and business in the hardest-hit sectors, including tourism, travel and hospitality, will not recover until public health restrictions are lifted and economic activity returns to normal. Until that time comes, these fellow Canadians require ongoing support. Helping the hardest hit businesses includes creating a replacement program for the Canada Emergency Wage Subsidy and the Canada Emergency Rent Subsidy. We’re asking the federal government to introduce debt relief by forgiving interest payments on COVID-related government backed loans for small and medium-sized enterprises (SMEs) in the hardest-hit sectors. Job Two: Getting the fundamentals right COVID-era recovery programs, while important, were not designed to address the fundamental problems plaguing Canada on infrastructure investment, regulatory burdens, taxation, SME competitiveness and internal trade barriers. SMEs are Canada’s biggest employers and our next parliament must ensure there is an appropriate environment to help our entrepreneurs grow and create jobs. Supporting Canadian entrepreneurs includes: • Modernize the tax system so it works for SMEs • Develop a Small Business Net-Zero Strategy • Continue facilitating the secure digitalization of SMEs • Investing in infrastructure, including the National Trade Corridors Fund • Speed up the Indigenous reconciliation process • Create new opportunities for diversity-owned business and those with diverse workforces to access federal contracts • Remove tax barriers for childcare expenses • Investing in building an inclusive, productive workforce • Create flexible, accessible, navigable upskilling and reskilling options • End the regulatory patchwork and interprovincial trade barriers that separate Canadians Job Three: Creating 21st century opportunities Canada must ensure the types of jobs and opportunities people want are being created here. To do this, we need to invest in cybersecurity, privacy protection, and broadband internet. We need to invest in a net-zero future including a strategy that allows businesses to compete successfully, including a strategy for low carbon exports, common standards for sustainable finance, and work with our trade partners on carbon offsets. Canada can serve as a model to the world on reaching net-zero through targeted investment programs and smart regulation, including championing our agriculture sector to be a global leader in the fight against climate change. Our businesses would benefit from expanded market reach, including a renewed relationship with the U.S., increased agriculture exports, and a focus on multilateral trade efforts on key issues. This last year-and-a-half has also shown us that we need to invest further in healthcare, including implementing a national life sciences strategy and creating a strategy for value-based healthcare. Federal Election It has been less than two years since the last federal election, but a lot has changed. Everyone wants to be done with this pandemic and rebuild our communities and economy, but there are different paths and methods to get us there. This is an opportunity to reflect on where we’ve been, where we want to go, and work with our local candidates to shape the future we want to build. Comments are closed.
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AuthorThe Peterborough and the Kawarthas Chamber of Commerce acts as a catalyst to enhance business growth, opportunity, innovation, partnerships and a diverse business community. Archives
March 2025
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