2023 Fall Economic Statement | OCC and CCC Reactions

"Today’s Fall Economic Statement (FES) signals that the government heard the business community on issues such as addressing our housing needs and the importance of ensuring workers can work in any community where and when their skills are needed most. We all agree on the need for measures that will help build our homes, support businesses in finding the right talent, and ease the burden of doing business in Canada.

But more needs to be done, and Canada needs to move quickly. Canada still urgently needs a plan for growth. Next year’s budget must address a number of key measures that weren’t included in the Fall Economic Statement or the 2023 budget, including long overdue measures to modernize the tax and regulatory system, investments in trade-enabling infrastructure that will strengthen supply chains, and initiatives to foster an innovative economy."

~ Matthew Holmes, Senior Vice President of Policy and Government Relations, Canadian Chamber of Commerce

READ THE CCC STATEMENT

"In this period of economic uncertainty, it is more important than ever that the federal government is being strategic in its investments to support business predictability. The decision to not extend CEBA loans significantly undermines the recovery of many small businesses that are struggling. This lack of support could leave a substantial portion of our business community behind, hampering our economic recovery.

Despite the statement's challenges, the Ontario Chamber Network welcomes the government’s initiatives related to mental health, housing, and clean technology. We acknowledge and appreciate the steps taken towards these critical areas and look forward to ongoing collaboration to ensure a more supportive business environment."

~ Rocco Rossi, President and CEO, Ontario Chamber of Commerce

READ THE OCC STATEMENT

Thank you to everyone who joined us at the launch party of the 19th edition of our CAPITAL Magazine: Uniquely Ottawa. This magazine is designed as a tool for you, our Ottawa ambassadors to promote our city as an amazing place to live, work, visit,

and invest. Thank you to the business leaders who contributed and shared their stories in this issue. Everyone is invited to share CAPITAL and highlight Ottawa businesses and the initiatives shaping our bright future through downtown transformation, passionate sports and entertainment leadership, and a thriving tech sector. Our commitment to preserving history while forging a path into the future shows Ottawa is a city that is embracing its uniqueness.

READ THE MAGAZINE

Don't miss one of the most important events for the Ottawa business community. Join us as we explore trends in the regional economy and our unique Ottawa opportunity at the annual Ottawa Economic Outlook.

Here's a glimpse of what you can expect to hear from our leaders:

Mayor Mark Sutcliffe will share his economic development priorities and outlook for the city.
Trevin Stratton, National Leader of Deloitte's Economic Advisory, will sort through all the economic data, identify important trends and set expectations for 2024 and beyond.
Sonya Shorey, Interim President & CEO of Invest Ottawa will present the strategic plan for growing one of the city’s top sectors – tech. Followed by a panel of tech leaders as they share their perspective on Ottawa's tech industry.

Limited tickets available.

A special evening designed to build relationships among Ottawa women leaders. Women of all backgrounds, sectors, and stages of life, will engage in raw and real conversations about leadership, life balance and legacy building.

We're thrilled to introduce our second panelist: Meseret (Mesi) Haileyesus, multi-award-winning thought leader, ambassador, change-maker, and founder of the Canadian Center For Women's Empowerment.

Join us for a conversation about what it means to dig deep and cultivate the desire to make a difference. Enjoy a gourmet dinner, share real stories and be inspired by powerful women.

SAVE YOUR SPOT NOW!

Let's raise a glass to 2023!

Join us at Oakwood's stunning showroom to celebrate all we have accomplished together this past year in the Ottawa business community. This will be a night to remember with delicious food, entertainment and connecting with local leaders.

BE A SPONSOR

December 14, 2023 | Ottawa City Hall | 7:00 AM to 9:00 AM

Join us for the final Mayor's Breakfast of 2023 with special guest the Honourable Greg Fergus, Speaker of the House of Commons of Canada. Connect with business and community leaders and discuss key issues impacting the economic growth and community prosperity of our city.

THANK YOU RENEWING MEMBERS!

The Ottawa Board of Trade is an independent, non partisan, purpose driven not-for-profit, with a 165-year track record of advocating for business, economic growth and community prosperity. Please reach out and say THANK YOU to our members who ensure Ottawa has a strong voice of business at every level of government.