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Backgrounder: Clean Growth

Backgrounder: Clean Growth

November 26, 2007
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The Canadian Dollar Above Par: Who’s Winning, Who’s Hurting and What Canada Should Do

Thank you for the opportunity to appear before you this afternoon to discuss the impact of Canada’s rapidly appreciating dollar. Only a few years ago, we worried about the impact of our low and falling dollar. That weakness reflected our precarious fiscal state and low commodity prices. It sapped our productivity, added to inflationary pressures, left us vulnerable to foreign takeovers. Thinking about that today brings to mind the old adage about being careful what you wish for. A strong currency has many benefits.  Consumers are enjoying lower prices on goods imported from the United States, and if the dollar stays high, prices will continue to fall as inventory works its way through the system. Businesses also can benefit from falling import prices, especially when it comes to investing in new machinery and equipment, much of it imported from our neighbour to the south. That downward pressure on prices in […]

November 22, 2007
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Building Canadian Corporate Champions: Issues and Priorities in the National Debate – Remarks by Thomas d’Aquino

Building Canadian Corporate Champions: Issues and Priorities in the National Debate – Remarks by Thomas d’Aquino

November 21, 2007
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Tax Cuts a Powerful Boost for Canadian Competitiveness, CCCE says

Comments by Thomas d’Aquino, Chief Executive and President of the Canadian Council of Chief Executives (CCCE), on today’s federal Economic Statement: “The significant corporate income tax cuts announced today by federal Finance Minister Jim Flaherty will provide a powerful boost to Canada’s ability to compete for investment and jobs in the global economy. “By giving Canada the lowest corporate tax rate among major industrialized countries and an advantage of more than 12 percentage points over the United States, this tax-cut plan will help companies to continue to invest and grow in Canadian communities despite the rapid rise of the Canadian dollar and intense global competition. “The Canadian Council of Chief Executives agrees that the next step is for comparable action by provincial governments, and we strongly support the goal set by Minister Flaherty of a combined federal-provincial corporate income tax rate of 25 percent. “We support the federal government’s intention to work with […]

October 30, 2007
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Business Leaders Applaud Speech from the Throne, Call for Cooperation to Strengthen Economy

Broadly based tax cuts, improved border infrastructure and increased support for innovation are among the keys to securing Canada’s economic prosperity and fostering more and better jobs for Canadians, says theCanadian Council of Chief Executives (CCCE). “The federal government addressed these issues squarely in last night’s Speech from the Throne,” said Thomas d’Aquino, Chief Executive and President of the CCCE. “At a time when many Canadian companies are being challenged by a high dollar, a weakening United States economy, high energy prices and intense competition from emerging economies such as China and India, the future prosperity of all Canadians is at stake. We urge parliamentarians from all parties to work together to make Canadian communities better places to invest and to create well-paying jobs.” In particular, Mr. d’Aquino applauded the government’s commitment in the Throne Speech to bringing forward, as early as this autumn, a long-term plan of broadly based reductions […]

October 17, 2007
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Competitive Offence is Best Defence Against Hollowing Out, Business Leaders Say

Lower corporate taxes, larger Canadian companies and an efficient Canada-United States border are the best ways for Canada to attract more head-office jobs amid a global wave of mergers and acquisitions, say Canada’s top chief executives and entrepreneurs. The Canadian Council of Chief Executives (CCCE) has concluded a six-month review of the rising pace of global consolidation in many industries, a trend that has sparked fears in some quarters of a potential “hollowing out” of the country’s head offices. The review included a survey of member chief executives, a roundtable in New York with key players in global markets and an extensive discussion at the CCCE Autumn Members’ Meeting in Montreal on October 2. The clearest message to emerge from the CCCE review is that the best defence is a good offence. “This is not an issue that we can address by building walls. Rather, we must concentrate on making Canada a […]

October 12, 2007
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Canadian Council of Chief Executives Salutes Co-Founder, Alfred Powis

Canadian Council of Chief Executives Salutes Co-Founder, Alfred Powis

October 12, 2007
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Labour Crunch: Better Ways to Make Use of Human Capital

The following article appears in the October 2007 issue of Canadian Government Executive. The writer, Ross Laver, is Vice President, Policy and Communications, with the Canadian Council of Chief Executives (CCCE). By Ross Laver When Pat Collins left Ottawa in September of 2005, it was the start of what he hoped would be the trip of a lifetime. Boarding his classic 33-foot sloop near Montreal, he sailed east to the Gulf of St. Lawrence, then south to Nova Scotia. An experienced diesel mechanic, Collins intended to spend the winter in Halifax upgrading his boat before heading off to explore the Caribbean – the next stop on an extended bluewater cruise. That, at any rate, that was the plan. But two years after setting out from Ottawa, Collins is still in Canada. His voyage aboard “Artful Dodger,” a 1974 Morgan 33, has fallen victim – at least temporarily – to Canada’s […]

October 9, 2007
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Canada’s Business Leaders Call for Aggressive Action to Tackle Climate Change, Drive Energy Innovation and Strengthen Economic Performance

Canada’s Business Leaders Call for Aggressive Action to Tackle Climate Change, Drive Energy Innovation and Strengthen Economic Performance

October 1, 2007
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Comments by Members of the Task Force on Environmental Leadership on the Release of the CCCE Policy Declaration

Comments by Members of the Task Force on Environmental Leadership on the Release of the CCCE Policy Declaration

October 1, 2007
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