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This Year Ontario's Net Debt Grew To $267.2 Billion PDF Print E-mail

Nov. 3, 2014 – The Ontario Chamber of Commerce’s latest report provides a straightforward account of Ontario’s current fiscal situation.

Ontario’s history of spending is unsustainable. In only seven of the past 25 years has the government balanced its books or achieved a surplus. The province has been digging itself deeper and deeper into the red. In the 2013-14 fiscal year, the provincial government paid $10.6 billion in interest (or $29 million per day) to service its debt.

A tipping point may be closer than Ontarians think. With a slower growth future projected for the province, combined with the growing demands of a rapidly aging population, the need to deal with the fiscal situation now becomes all the more urgent.

Read How Bad Is It? What Do We Do About It? to learn more about Ontario’s fiscal situation and the steps the government can take to return itself to a path of fiscal sustainability.

 
Top 3 Reasons to Attend the Durham Economic Prosperity Conference PDF Print E-mail

Oct. 27, 2014 - The Honourable Chris Alexander, Minister of Citizenship and Immigration, on behalf of the Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), will provide the opening keynote address at the 2014 Durham Economic Prosperity Conference in Ajax on Friday, November 14th.

Minister Alexander will highlight FedDev Ontario’s continuing contributions and initiatives available to Durham Region and southern Ontario, stressing the growing importance of industry clusters, and celebrating the collaboration of business, government and research institutions.

“Real economic prosperity comes from innovation and collaboration. For Durham Region to compete and prosper in a global marketplace, we must continue to bring business, government and research to the same table in order to leverage our strengths, bring new perspectives and resources and always be expanding our potential for opportunities,” commented Minister Alexander when agreeing to speak at the conference.

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Government Announces Independent Review of Ontario College of Trades PDF Print E-mail

Oct. 24, 2014 - In early September the Greater Oshawa Chamber of Commerce, Ontario Chamber of Commerce and Essential Skills Ontario released the report, Moving Forward Together. The report called on the Government of Ontario to ensure that upcoming changes to the province’s training and employment programs reflect the needs of employers.

On October 23rd the Government of Ontario announced the appointment of Tony Dean, former Secretary of Cabinet and Head of Ontario Public Service, to lead an independent review of the Ontario College of Trades and other key areas of Ontario's skilled trades system.

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A Battle We Can’t Afford To Lose: Getting Young Canadians From Education To Employment PDF Print E-mail

Oct. 24, 2014 - The Canadian Chamber of Commerce (CCC) issued a report entitled: A Battle We Can’t Afford to Lose: Getting Young Canadians from Education to Employment. Across the country, there is a growing understanding that closing the skills gap means better aligning our education and training systems to our labour market needs. For Canadian youth, it is essential the education or training they get is relevant to the job market they will enter.

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Made in Ontario Energy & Jobs - CME Report PDF Print E-mail

Submitted by: Ian Howcroft, Vice President, Canadian Manufacturers & Exporters (CME) Ontario.
Oct. 23, 2014
- It’s no secret Ontario’s manufacturing sector has been impacted by the turmoil of the global economy.

Rising input costs, not the least of which is the rising cost of electricity, and the volatility of the Canadian dollar, have made competition vastly more intense. Despite the myth that manufacturing is a sector in decline, it is still one of the largest contributors to Canada’s economy.

 For Ontario to create jobs and economic growth, we need to sustain and expand our manufacturing base, which is critical to communities in every region of the province.

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Three-time Olympic Champion Marnie McBean! PDF Print E-mail

October 23, 2014 - With the Toronto 2015 Pan Am/Parapan Games just around the corner, Durham has lots to talk about! So on Thursday, Oct. 23rd John Sturrup and Bob Malcolmson joined sport stakeholders from Durham Region municipalities, local sports clubs and associations, provincial and national sport organizations, facility operators, hoteliers, educational institutions, and local media at Canadian Tire Motorsport Park in Bowmanville to collaborate and advance Sports Tourism in Durham. The keynote speaker on “The Power of More: How Small Steps Can Help You Achieve Big Goals” was Marnie McBean, three-time Olympic Champion. Pictured (L to R) is Chamber President John Sturrup owner of JS2 Marketing & Communications, Marnie McBean and Bob Malcolmson, CEO, Greater Oshawa Chamber of Commerce.
 
Help Ontario Emerge Stronger: Take the OCC's New Survey PDF Print E-mail

HOW CONFIDENT ARE YOU IN ONTARIO'S ECONOMY?

October 9, 2014 - In January 2015, the Ontario Chamber of Commerce will release the fourth edition of its Emerging Stronger economic agenda for Ontario. Take the OCC's latest survey to add your voice to Canada's most credible survey of business opinion.

The results of this survey will inform the agenda and are critical to understanding how the business climate in Ontario can be improved.

TAKE THE SURVEY

By taking a moment to complete this short survey, you will be entered into a draw to win two roundtrip tickets to anywhere Porter Airlines flies.

Please note that only the prize winner will be contacted. Promotional consideration for this survey has been provided by Porter Airlines.

 
Oshawa to Host TORONTO 2015 Pan Am Games Torch Relay Next Spring PDF Print E-mail

Residents invited to be torchbearers at TORONTO2015.org/torch-relay

Oct. 6, 2014 - The TORONTO 2015 Pan Am Torch Relay, presented by President’s Choice, is coming to Oshawa next spring.

Three-thousand torchbearers will proudly carry the flame and share its welcoming Pan Am spirit on the 41-day journey towards the lighting of the cauldron on July 10, 2015 to officially open the Games.

Residents of Oshawa are invited to enter to be one of three-thousand torchbearers today at TORONTO2015.org/torch-relay, and to enter with the City of Oshawa to be selected as the Community Torchbearer at www.oshawa.ca/panam/join.

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Improving Durham’s Business Climate Focus of Breakfast With Mayoral Candidates PDF Print E-mail

Sept 27, 2014 - The Greater Oshawa Chamber of Commerce (GOCC) is calling on local candidates in the municipal election to take action to improve Oshawa and Durham Region’s business climate and foster economic growth.

With over forty candidates vying for election in Oshawa and with the extensive coverage of All Candidates debates and profiles by the local media the Greater Oshawa Chamber of Commerce, in an effort to better inform its members, is focusing on who will be the next Mayor in Oshawa and Clarington and Durham’s next Regional Chair.

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