Blog Tag: 5 Minutes for Business

5 Minutes for Business: Hammering Business – Finance Canada’s New Crackdown

The government has just proposed the most radical tax overhaul in 50 years. The Canadian Chamber of Commerce are particularly worried about the impact on business from (1) a new tax on investment income in a corporation and (2) tough new rules for compensation in family businesses.

In this special edition of 5 Minutes for Business, Hendrik Brakel, our Senior Director, Economic, Financial and Tax Policy, looks at what is driving the government’s new crackdown on private corporations.

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5 Minutes for Business: Infrastructure Spending—Real Bang for the Buck

One of the pet peeves at the Canadian Chamber is when governments talk about infrastructure investment purely in terms of how many billions they’re spending, often with few details about what the infrastructure is trying to achieve.

That’s why, last month, the Canadian Chamber released a report called Stuck in Traffic for 10,000 Years: Canadian Problems that Infrastructure Can Solve. This report talks about what they get out of infrastructure, rather than just asking how much money is going in.

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5 Minutes for Business: Business Costs and Canadian Competitiveness—We’re Not Crying Wolf

With every tax increase, the hands of Canadian business have no choice but to dig deeper and deeper in the same pocket. Initially, these tax hikes may not appear significant, but overtime, the burden accumulates drawing on the last straw. Canada, you’re a pricey place to do business.

In this edition of  5 Minutes for Business, Hendrik Brakel, Senior Director, Economic, Financial and Tax Policy, considers how the high costs of doing business in Canada affect the country’s competitiveness. These concerns were expressed in a recent letter to the Prime Minister, composed by our President and CEO and his provincial and territorial colleagues.

Read 5 Minutes for Business.

Canadian-Chamber-of-Commerce
The Canadian Chamber of Commerce releases 5 Minutes for Business, a publication written by Hendrik Brakel, the Senior Director of Enconomic, Financial and Tax Policy. In these publication, Hendrik briefly describes current issues that affect the Canadian economy and provides insight on what it will mean for Canadians today and the future.

5 Minutes for Business: Canucks for Volunteer State

Four days, 4,017 kilometers (or 2,496 miles for our American friends), 83 country songs, nine meetings, two very impressive site visits, a poutine washed down with a cold Canadian beer at Kooky Canuck’s and one 4th of July later, our delegation landed back home on Canadian soil with a fresher outlook on trade. In this special edition of  5 Minutes for Business, Perrin Beatty, Canadian Chamber of Commerce President and CEO, reflects on the success of our first of three delegation tours south of the border.

Read 5 Minutes for Business.

Canadian Chamber of Commerce

The Canadian Chamber of Commerce releases 5 Minutes for Business, a publication written by Hendrik Brakel, the Senior Director of Enconomic, Financial and Tax Policy. In these publication, Hendrik briefly describes current issues that affect the Canadian economy and provides insight on what it will mean for Canadians today and the future.

5 Minutes for Business: The Explosive Debate around Minimum Wage

Big increases to minimum wage are becoming fashionable in Canada: first Alberta (from $12.20 currently to $15 in October 2018), then B.C. (from $10.35 to $11.35 in September 2017) and now Ontario (from $11.40 to $15.00 in January 2019, a 30% hike in 18 months). Are workers better off or does it mean fewer jobs? In this edition of 5 Minutes for Business, Hendrik Brakel, Canadian Chamber of Commerce Senior Director, Economic, Financial and Tax Policy, reflects on the debate.

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