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| Participants in the 20 Journeys
Exhibit launch include back row, from left BBOT
CEO Sheldon Leiba, BBOT President Linda Ford, MPP
Linda Jeffrey and Elizabeth McIsaac, Executive Director
TRIEC. Front row from left, Sharon Quigley, Bramalea
City Centre; Evelyn Myrie, Executive Director Peel
Newcomer Strategy Group and Janet Menard, Executive
Director Human Services Region of Peel. |
20 Journeys is a traveling exhibit of powerful photographs
and stories of immigrants entering the Canadian labour
market. It details the experiences of skilled immigrants,
their journeys to achieving success, and the programs
and employers that have shared in their milestones.
The exhibit features immigrants from India, Sri Lanka,
China, Columbia, Ghana, Greece, Kenya, Lebanon, Mexico,
the UK and the Ukraine.
At the exhibit launch event, Sheldon Leiba, CEO of
The Brampton Board of Trade, stated that “nowhere is
the importance of effectively including skilled immigrants
in the labour market more important than in the City
of Brampton where we attract a large and growing pool
of skilled and talented immigrants that want to contribute
to our workplaces and community”. Leiba further emphasized
that “the integration of newcomers should be a priority
for any local business that wants to grow or compete
both in the local and global economy.”
Elizabeth McIsaac, Executive Director of TRIEC commented
that “20 Journeys reflects the experience of many immigrants
who bring valuable skills, education and talent to the
Toronto region each year”, further adding that “the
intent of the exhibit is to help broaden public awareness
on the benefits of including newcomers in our economy.”
Other speakers at the exhibit launch and reception
included: Evelyn Myrie, Executive Director of the Peel
Newcomer Strategy Group; Janet Menard, Director of Human
Services for the Region of Peel; and, Linda Jeffrey,
MPP for Brampton-Springdale and Parliamentary Assistant
to the Minister of Citizenship and Immigration.
The exhibit was on display at the Bramalea City Centre
from February 12 through to February 24.
The Brampton Board of Trade developed the “Skills Without
Borders” program to raise the awareness of employers
about the increasing need for skilled labour to sustain
our economy and the opportunities to capitalize on the
contributions of skilled immigrants to meet those needs.
In 2007, The Ontario Chamber of Commerce presented its
prestigious “Chair’s Award” to The Brampton Board of
Trade for the program. For more information visit www.skillswithoutborders.com.
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Budget falls short on tax relief
The Brampton Board of Trade was pleased to see the federal
government present a budget that addresses some key
interests of the Ontario business community, including
debt reduction, infrastructure, creation of an Employment
Insurance Financing Board, and education and training.
However, it did not go far enough to further stimulate
economic development through tax relief. >click here
to read on
“This is a budget that business in our community will
likely be indifferent about,” says Brampton Board of
Trade President Linda Ford. “The continued commitment
to balancing the budget, debt reduction, infrastructure
investments, and other productivity initiatives to support
our economy is encouraging, but more is needed on the
tax front to bolster business and our economy.”
While recognizing the necessity for fiscal prudence
in times of economic uncertainty, addressing Canada’s
high tax levels must remain high on the list of Government
priorities. “Tax relief for business stimulates new
investments that increases productivity, creates jobs,
and makes our businesses more competitive,” says Ford.
“Similarly, reductions in personal income taxes create
a higher incentive to work for low to modest income
workers, and at higher tax brackets will keep talent
working in Canada.”
The government’s extension of the accelerated capital
cost allowance for manufacturers was welcome news, particularly
in Brampton where there is high concentration of manufacturing
companies.
The Brampton Board of Trade has also been a strong advocate
for increased support to municipalities. “The permanent
sharing of federal gas tax revenues with municipalities
to meet infrastructure needs is good news for rapidly
growing communities like Brampton that are experiencing
significant challenges in addressing transportation
and traffic gridlock issues,” says Ford.
As “The Voice of Business”, The Brampton Board of Trade
represents the interests of 1,200 businesses in and
around the Brampton community.
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Thinking Global in 2008
By Len Crispino
OCC President & CEO
By all accounts, the economy is the topmost concern
in 2008.
Unlike 2007 when many people, including some economists,
were blindsided by the magnitude of events like the
subprime crisis and the soaring Canadian dollar, today
there can be little uncertainty as to what lies ahead.
Call it the triple threat: a US recession (certain to
occur or already here, depending on the definition),
a high Canadian dollar and soaring energy costs. Private
forecasters agree it will mean weaker economic results
and slower job growth across the country in 2008, with
Ontario being harder hit due to the dominance of the
export-oriented manufacturing sector.
The question is what will we do with this knowledge?
Will we continue to allow ourselves to be buffeted by
the economic storm, or will we aggressively seek calmer
waters? Though solutions will not be easy to come by
or short term in nature, the time has come (if not,
long since passed) to take significant steps to confront
this economic reality.
2007’s big newsmaker, the Canadian dollar, reinforced
a simple fact: that we are dangerously reliant on the
U.S. market.
This reliance has evolved naturally from our geographic
proximity to the largest consumer market in the world.
The degree to which Ontario has relied on the U.S.,
however, is staggering. In 2006, nearly 90% of our exports
were destined for the United States.
By comparison, Michigan, like Ontario, a jurisdiction
dominated by the auto sector, sent only 59% of its exports
to Canada. And in neighbouring New York, that number
drops to 21.3%.
While I certainly wouldn’t suggest that we abandon
our trade with the U.S., I would point out that our
trade with other jurisdictions is miniscule by comparison.
Ontario’s vulnerability to the vagaries of the U.S.
was apparent long before the subprime crisis in 2007.
Consider 9/11 for instance. Suddenly a border that had
once facilitated relatively free-flowing trade, was
a chokepoint of our economy. And long after the days
of high anxiety, confusing and prohibiting border restrictions
prevail, continuing to damage trade and tourism.
Now add the strong Canadian dollar and our economic
dependence on the U.S. is more precarious than ever.
Canadians have often been accused of being too humble
and of failing to promote our strengths. Canada, for
instance, has many natural advantages in terms of infrastructure
development. Our vast country has forced us to develop
superior infrastructure, whether it be telecom, construction,
engineering, or architecture.
And yet, who’s building the roads, bridges and telecommunication
networks in the emerging economies? Not Canadians. And
with a few notable exceptions, Canadian firms are absent
from international consortia for global capital projects.
It’s time to develop an export culture that looks beyond
just our southern neighbours. Governments, both federal
and provincial, can help to instill this culture and
create a business environment which supports trade development.
While business must critically assess global opportunities.
A diversification strategy is no longer a luxury. It
is a necessity.
And so while we look ahead to a year of continued depressed
economic activity south of the border with reverberations
here in our own backyard, business and government must
work in concert to position Ontario as a major player
on the international stage.
We have an opportunity in 2008 to create an export
culture that allows us to compete with the best and
win. The future is clear. We must choose to meet it
head-on
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