Canadian Chamber of Commerce

🔊 Just Announced: Candace Laing, FCPHR will become the new President and CEO of the Canadian Chamber of Commerce, Canada’s largest business network, on September 1. “I strongly believe that solutions to our greatest economic challenges are found at the community level, and I want to ensure we are focused on the critical role local chambers, boards of trade and businesses play in our economy. The positive influence businesses have on the lives of everyday Canadians is the grassroots thinking that should inform federal policymaking and help create a better life for all Canadians.” Read the full release: https://shorturl.at/hfY95 Read Candace's bio: https://shorturl.at/eKkwZ _________________________________________________________________________________ Le 1er septembre, Candace Laing deviendra la nouvelle présidente et chef de la direction de la Chambre de commerce du Canada, le plus grand réseau d’entreprises du pays.   « Je crois fermement que les solutions à nos plus grands défis économiques se trouvent dans les collectivités, et je veux m’assurer que nous nous concentrons sur le rôle essentiel que jouent les chambres locales et les entreprises dans notre économie. Les entreprises ont une influence positive sur la vie de tous les Canadiens, et c’est précisément ce raisonnement qui devrait guider l’élaboration des politiques fédérales et jeter les bases pour une meilleure qualité de vie pour l’ensemble de la population canadienne. »   Lire le communiqué de presse : https://shorturl.at/jC4LF

As job creation lags behind population growth, Canada’s unemployment rate held at 6.4% in July. Our Senior Research Director, Marwa Abdou, points out that this slowdown is hitting recent immigrants and young workers the hardest. With wages still rising at 5.2% year-over-year, the Bank of Canada may reconsider further rate cuts. Read the Commentary: https://bit.ly/3Aj0uvZ

A work stoppage at our major railways would significantly limit Canadians’ access to goods and products, driving up prices and exacerbating affordability challenges. Along with over 110 chambers of commerce and business associations, we’ve sent a joint letter to Prime Minister Justin Trudeau, Minister of Labour and Seniors Steven MacKinnon, and Minister of Transport and Quebec Lieutenant Pablo Rodriguez, urging them to take immediate action to prevent this disruption in Class 1 railways, safeguard the well-being of Canadians and uphold Canada’s reputation as a reliable trading partner. Read the letter: https://lnkd.in/eZazzFPk #railways #railworkers #railstrike #labour #labourdisruption #supplychains #canadianeconomy #cdnecon #cdnpoli

We're thrilled to welcome Xavier Roy as the Canadian Chamber's new Senior Vice President of Engagement & Communications! Xavier joins us from the arts and culture sector, where, as Executive Director of the Festival de Lanaudière, he played a key role in elevating the festival's profile and engagement. His impressive career includes leadership roles at Opéra de Montréal, Place des Arts, and co-founding the acclaimed QW4RTZ quartet. He holds an MBA with distinction from the University of Oxford, a Master’s in arts and culture management from HEC Montréal, and a Bachelor’s in Classical Voice Performance from Université de Montréal. As our new SVP, Xavier will lead our marketing, communications, and digital strategy efforts, bringing fresh insights to highlight the impact of Canadian businesses and entrepreneurs. His expertise will significantly advance our mission and vision, and enhance the value we offer to our members. Please join us in welcoming Xavier to #TeamChamber!

My statement on the EV tariff question in Canada: our cyber integrity and essential manufacturers are vulnerable to malicious disruption. Canada has to apply an economic security lens to this, and consider how our most important trading partners have already taken action. “Canada’s growing EV sector is at risk of being undermined by Chinese EVs entering our market. We’ve seen China repeatedly and systematically undercut global supply chains and markets through unfair, non-market practices. And the potential for significant cybersecurity vulnerabilities in EVs needs to be better understood and addressed by government with the close involvement of industry partners. The U.S. and the E.U. have already taken steps to address this issue…” Read the full statement at the link below: https://lnkd.in/gV3SnnJn

📅 Mark your calendars! The #NaturalResourcesTour is coming to a city near you. This fall, we’re bringing together the sector’s leaders from across the country to discuss the future of our natural resources sector and its impact on Canadians. Join us in: ➡️ Ottawa on September 24 ➡️ Toronto on September 25 ➡️ Winnipeg on October 7 ➡️ Vancouver on October 9 ➡️ Calgary on October 10 These events will offer insights into economic impacts, innovative practices, and key trends shaping the natural resources industry. This is your chance to engage with top professionals and network with peers in your city. 💼 Find out more and register today: https://bit.ly/4df4ooq #CdnNaturalResources #NaturalResources #Agriculture #Mining #OilandGas #Forestry #ChartingthePath Ottawa Board of Trade; The Winnipeg Chamber of Commerce; BC Chamber of Commerce; Calgary Chamber of Commerce.

📢 Less than two weeks left to submit a nomination for our Inclusive Growth Awards! These awards recognize outstanding individuals and organizations who have shown incredible initiative to create a more diverse, equitable and inclusive economy. Know someone who comes to mind? Nominate them! Deadline to submit nominations is August 15. Learn More: https://bit.ly/3znADCE Submit a Nomination here: https://bit.ly/3WkooPc *You are eligible to nominate if you are a member of ours or a member of any chamber of commerce / board of trade across Canada.

We're excited to announce our new members! Pembina Pipeline Corporation 🎉 Grain Growers of Canada 🎉 Membership to the Canadian Chamber gives you what you need to succeed: insight, influence and impact. It also adds your voice to the power of approx. 400 chambers of commerce and boards of trade and over 200,000 businesses across the country, working together to create the conditions for our collective success. Learn more about how your business, association or chamber can join our network here: https://lnkd.in/gy3YjWsu ---------------------------------------- Nous sommes ravis d'annoncer nos nouveaux membres ! Pembina Pipeline Corporation 🎉 Grain Growers of Canada 🎉 L'adhésion à la Chambre de commerce du Canada vous donne ce dont vous avez besoin pour réussir : information, influence et impact. Elle ajoute également votre voix à celle d'environ 400 chambres de commerce et conseils d'administration et de plus de 200 000 entreprises à travers le pays, travaillant ensemble pour créer les conditions de notre succès collectif. Découvrez comment votre entreprise, association ou chambre peut rejoindre notre réseau ici : https://lnkd.in/gteBknX7

Funny how a few months ago we were hoping for weak growth to quell inflation and convince the Bank of Canada to cut rates. Now, Bank of Canada Governor Tiff Macklem has highlighted the need to boost economic activity. The Governor is shifting focus from prevention to treatment. The medicine is rate cuts and more are needed. Today's GDP, although bringing the second quarter estimate to 2.2% annualized growth, is still operating below potential. The Canadian economy is feeling the pinch from higher interest rates, particularly impacting the retail sector. Despite this, manufacturing and pipeline transportation lifted the second-quarter GDP estimate above the Bank of Canada's forecast. However, this growth was influenced by temporary factors rather than a shift in momentum at this stage. With the Bank of Canada noting downside risks to inflation, any upward move in economic activity is positive news amidst broader challenges. More in my latest commentary:

Know an outstanding underrepresented entrepreneur? 🌟 We want you to nominate them for an Inclusive Growth Award! These awards recognize individuals and organizations across Canada who demonstrate excellence in innovation and social impact. This is a unique opportunity to celebrate diversity and innovation across Canada - don't miss your chance to nominate someone who deserves to be recognized. Nominations close on August 15. Learn More: https://bit.ly/3znADCE Submit a Nomination: https://bit.ly/3WkooPc ---------------------------------------- Connaissez-vous un entrepreneur remarquable sous-représenté ? 🌟 Nous vous invitons à le nommer pour un Prix de la croissance inclusive ! Ces prix reconnaissent des individus et des organisations de tout le Canada qui font preuve d'excellence en matière d'innovation et d'impact social. Il s'agit d'une occasion unique de célébrer la diversité et l'innovation à travers le Canada - ne manquez pas votre chance de nommer quelqu'un qui mérite d'être reconnue. La date limite de dépôt des candidatures est fixée au 15 août. Pour en savoir plus : https://bit.ly/3VHHJt7 Soumettre une nomination: https://bit.ly/3WkooPc