Working Together for Canadians:
Policy Entrepreneurship in an Era of Uncertainty
The Canadian Council of Chief Executives has established an enviable record as a vehicle for Canada’s business leaders to address collectively issues that matter to the country as a whole. The Council was formed in 1976 after a group of business leaders realized that individual efforts were no longer sufficient to ensure the adoption of sound public policy. And in 2003, as I take up the challenge of serving as your chair, I want to suggest that there has never been a more important time for Canada’s chief executives to work together. We live in a world threatened by the prospect of further terrorist attacks and international conflict and awash in bad economic news, from Germany and Japan to Argentina and Venezuela. Amidst this pervasive uncertainty, Canada’s economic strength has been nothing short of remarkable. But even for Canada, risks abound. I think that we as chief executives have a […]
The National and Global Policy Agenda: Priorities for Canadian Business Leadership
Thank you and good morning. I would like to begin my report with an assessment of the domestic and international context that will drive our work programme in the year ahead. Then I will outline what I see as our immediate priorities for action and what we will be doing to lay the foundation for significant longer term initiatives moving forward. For Canadians, it is tempting to be optimistic. The fiscal discipline and tax cuts of previous years continue to pay real dividends in terms of economic growth. Even as the American economy has sputtered, Canada has kept churning out new jobs, more than half a million of them in 2002. And in December, Statistics Canada reported that real per capita incomes rose by 2.8 percent a year in the latter half of the 1990s. This is a pace that, if sustained, would double our standard of living within the […]
Security and Prosperity: The Dynamics of a New Canada-United States Partnership in North America
Security And Prosperity The Dynamics Of A New Canada-United States Partnership In North America
Richard L. George Elected Chairman of
the Canadian Council of Chief Executives
Richard L. George, President and Chief Executive Officer of Suncor Energy Inc., has been elected Chairman of the Canadian Council of Chief Executives (CCCE). In addition, the Council’s Executive Committee welcomes three new Vice-Chairmen: Dominic D’Alessandro, President and Chief Executive Officer of Manulife Financial; Gwyn Morgan, President and Chief Executive Officer of EnCana Corporation; and Gordon M. Nixon, President and Chief Executive Officer of Royal Bank of Canada. In his opening address to the Council’s Annual General Meeting in Toronto this morning, Mr. George suggested that corporate scandals and the prolonged downturn in markets have reinforced the need for chief executives to work together both to promote sound public policy and to restore public trust. “We as business leaders must demonstrate that we have something to offer Canada beyond the profits, taxes and jobs generated by our enterprises,” Mr. George said. “That has always been true, but in an atmosphere […]
Security and Prosperity:
Toward a New Canada-United States
Partnership in North America
Security and Prosperity: Toward a New Canada-United States Partnership in North America
Sustain Growth Through Prudence and Lower Taxes, Business Leaders Tell Finance Committee
Sustaining Canada’s performance as the fastest growing economy among G-7 nations will require a careful mix of fiscal prudence, spending choices and strategic tax cuts, the Canadian Council of Chief Executives (CCCE) has told the Standing Committee on Finance of the House of Commons. In an appearance before the Committee in Montreal today, CCCE President and Chief Executive, Thomas d’Aquino, commended Finance Minister John Manley for restoring significant contingency funds and prudence factors to the budget planning process, and for his emphasis on the need to fund major new initiatives through reallocation of spending from other programs. Mr. d’Aquino noted that when unused contingency funds go to pay down the public debt, they also provide greater assurance of the government’s ability to sustain and enhance the quality of life of Canadians over time. “Money saved is never money wasted.” The Council recognized that significant new spending is required in some […]
Managing Uncertainty, Governing for Growth
Priorities for the Next Federal Budget
Managing Uncertainty, Governing for Growth Priorities for the Next Federal Budget
Private Sector Must Earn Public Trust,
Business Leaders Tell Senate Committee
The private sector must lead the way in improving corporate governance in order to restore public trust, the Canadian Council of Chief Executives (CCCE) will tell the Senate Standing Committee on Banking, Trade and Commerce today. “Individually and collectively, it is business leaders who must earn the public trust that they need to build their enterprises and strengthen the economy. No government can legislate that trust. No regulator can restore it. Businesses must earn it,” said CCCE President and Chief Executive Thomas d’Aquino. Corporate scandals such as Enron and WorldCom have led to a raft of new laws and regulations in the United States that affect many Canadian companies directly and have prompted calls for similar rules in Canada. Many large Canadian companies are directly affected by United States legislation, but the Council warned that wholesale adoption of the American approach could hurt rather than help the ability of thousands […]
Earning Public Trust:
Why the Private Sector Must Lead Efforts to Improve Corporate Governance
Earning Public Trust: Why the Private Sector Must Lead Efforts to Improve Corporate Governance
Forging a Responsible Climate Change Strategy: Choices and Challenges for Canadian Parliamentarians
Forging a Responsible Climate Change Strategy: Choices and Challenges for Canadian Parliamentarians
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