Political Parties Must Address Longstanding Business Issues

The Ontario Chamber of Commerce (OCC) and Ontario Chamber Network have launched the first pillar of their federal election campaign, ‘Ontario Business Matters on Workforce Recovery and Business Competitiveness.’ The organizations call on all political parties to take bold action to strengthen business competitiveness as the economy continues to reopen and recover. The first pillar underscores that longstanding issues – including barriers to interprovincial trade, relatively low immigration quotas, financing challenges, and infrastructure gaps – must be addressed to strengthen Canada’s long-term resilience and recovery. “With Ontario responsible for 40 per cent of the national GDP and home to almost 50 per cent of all employees in high-tech, financial services, and other knowledge-intensive industries, adopting pragmatic solutions to support Ontario business competitiveness will be a critical driver of Canada’s economic recovery,” says Rocco Rossi, president and CEO of the OCC. The OCC underscores that special attention must be placed on policies that facilitate equitable recovery for small businesses, communities, and sectors that have been most severely impacted by the pandemic, including women, Indigenous peoples, racialized people, and businesses in the tourism, retail, and foodservice industries.