Supporting Economic Growth in Uncertain Times

Dec 15, 2022 | News, Provincial Advocacy

The Ontario Chamber of Commerce (OCC) has identified critical areas that must inform Ontario’s growth strategy outlined in the OCC’s recent report: Supporting Economic Growth in Uncertain Times.
 

Supporting Economic Growth in Uncertain Times

Dec 15, 2022 | News, Provincial Advocacy

The Ontario Chamber of Commerce (OCC) has identified critical areas that must inform Ontario’s growth strategy outlined in the OCC’s recent report: Supporting Economic Growth in Uncertain Times.

Against the backdrop of rising interest rates, inflation, constrained supply chains, labour shortages and a potential recession, it is critical for governments to focus on creating the right conditions to support competitiveness, productivity, and long-term economic growth. The Ontario Chamber of Commerce (OCC) has identified critical areas that must inform Ontario’s growth strategy outlined in the OCC’s recent report: Supporting Economic Growth in Uncertain Times. Read the brief.  

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2023 OCC Resolution: Extend exemptions for the Non-Resident Speculation Tax

Businesses in Ontario that need to hire foreign talent to fill specific roles face even greater challenges with the Non-Resident Speculation Tax, which is an additional tax placed on foreign nationals and foreign corporations purchasing a home in the province. While there are exceptions for the tax, it needs to be reconsidered in its entirety.

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