Advocacy & Policy
Ontario’s Fall Economic Statement 2022
On November 14th, Minister Bethlenfalvy released the 2022 Fall Economic Statement (FES) for Ontario titled “Ontario’s Plan to Build: A Progress Update”. This year’s Fall Economic Statement also includes a progress report on the Provincial government’s plan to build Ontario and focuses on building the economy, addressing the labour shortage and supporting families and businesses in keeping their costs down.
Ontario’s real GDP is projected to rise 2.6 per cent in 2022, 0.5 per cent in 2023, 1.6 per cent in 2024 and 2.1 per cent in 2025. The Fall Economic Statement projects a provincial deficit of $12.9 billion for 2022-23, $7 billion less than what was projected in the 2022 budget. The FES shows the government made about $186.8 billion in revenues, primarily from taxes and federal transfers. The government spending for 2022-23 is expected to be $198.8 billion.
To read the full Ontario’s Fall Economic Statement 2022 and see how it affects your business click here.
Launch of the Red-Tape Reduction Website
The Vaughan Chamber has consistently asked the Government to talk with industry to solve the problems of industry. The Provincial Government has announced the launch of a website that allows businesses to directly submit ideas and suggestions of ways to reduce red-tape. Part of the ‘Open for Business’ initiative, this new website offers an industry-centered approach, which allows companies to provide advice on how to make conducting business in Ontario easier.
Find the link for the website here.
With less than one week to go until Election Day on Monday, leaders across all parties are pushing the homestretch of this election with on the ground get-out-the-vote efforts (GOTV). To help inform you in this election, we have worked with the Canadian...
The state of emergency lockdowns has had major implications on our business community. Businesses have had to adapt their short and long-term goals under key public health and health care indicators, and now, the ongoing progress of province-wide vaccination rates....
Letters of Support
Letter of Support for Play On! Canada
Letter of Support for Bill 50
Letter of Support for York University Medical School
Letter of Support for CN
York Region Business Coalition
The York Region Business Coalition (YRBC) is comprised of all nine York Region Chambers of Commerce and Boards of Trade and collectively represents 5000 businesses from across the Region.
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