Today’s Top Story
Concern That CECRA, Like Patio Season, Is Coming To An End Too Soon
Today the Government of Canada announced the Canada Emergency Commercial Rent Assistance (CECRA) program will be extended for the month of September. The government also announced this will be the final extension for the CECRA program. While CECRA has been a lifeline for many main street businesses continuing to experience weaker demand than usual, many more businesses haven’t benefited because of program restrictions or disagreements with landlords. Main street businesses need to know what comes next, and they need to know now. Whatever comes next needs to be easier to use for Canada’s small businesses, and with more flexible options.
For Your Attention
Our Response To Latest Job Numbers
On Friday, our Chief Economist, Dr. Trevin Stratton, responded to the latest Labour Force Survey results, which showed slowing growth. Dr. Stratton noted Canadians can’t return to their normal lives or find a new normal until they are gainfully employed; everyone recovers when business recovers. Any true recovery must, and inevitably will, be business-led.
September 11, 1:00 P.M. ET | CRA Consultation: Work-Space-In-The-Home Expenses
The Canada Revenue Agency (CRA) is endeavouring to clarify and clearly communicate whether employees required to work from home during COVID-19 can claim work-space-in-the-home expenses. A significant part of CRA’s plan is the introduction of a new version of Form T2200, Declaration of Conditions of Employment, known as the T2200 Short.
CRA would like your feedback on the draft T2200 Short and the work-space-in-the-home deduction for the upcoming tax season during a one-hour session with officials on Friday, September 11 at 1:00 p.m. ET.
This is an important opportunity to provide input on a matter that touches the 3.4 million Canadians that began working from home this year as a result of COVID-19.
*For members of the Canadian Chamber of Commerce’s network only.
ICC Partners With GIST Advisory To Pilot SME 360X System: Looking For Pilot Project Participants
The International Chamber of Commerce has partnered with the GIST Advisory to help pilot its SME 360X system. The SME 360X measures key performance indicators on greenhouse gas emissions, water consumption, air pollution, water and land pollution and enables SMEs to make more sustainable decisions to grow their businesses. Participants will also receive practical advice to improve their performance, targeted by sector and region. Contact Mark Agnew if you are interested in becoming involved in this pilot project.
Keeping Stewardship And Continuing To Rise In The Face Of Adversity
It comes as no surprise that the last few months have been a truly trying time for the travel and tourism industry — and the global economy as a whole. In our latest thought leadership piece from Air Canada, the challenges the airline industry in Canada has faced as a result of COVID-19 are explained along with what measures are being put in place so that the airline industry can overcome the crisis and emerge stronger.
Free Upcoming Events
September 9, 3:00 P.M. ET | Think Growth, Quebec Consultation: How Can Canada Harness Its Tax System For Inclusive Recovery And Growth?
The COVID-19 pandemic is changing our world. To help Canadian policymakers think differently about growing our economy while still paying for today’s health crisis, we have launched our independent tax review.
As an integral part of the review, we are seeking the views of Canadian business leaders on the federal tax system.
September 10, 12:30 P.M. ET | Presentation And Q&A With Tiff Macklem, Governor Of The Bank of Canada
We are hosting the Governor of the Bank of Canada, Tiff Macklem, for the Bank of Canada’s Economic Progress Report. The event will take place on September 10 at 12:30 p.m. ET and will be broadcast on the Bank of Canada’s website.
Our members have the exclusive opportunity to participate in the event by videoconference and submit questions to the Governor.
Our member chambers and associations are welcome to promote this event to their members.
*For members of the Canadian Chamber of Commerce’s network only.
September 14, 10:00 A.M. ET | Virtual Briefing On The B20 And G20
The G20 is the premier forum for international economic cooperation and acts as a key arena on a range of global issues, including those affecting Canadian businesses. This includes trade, tax, digital economy, health policy and many others. The B20 is the voice of the private sector to the G20 and represents the global business community across all G20 member states, including Canada.
We are hosting a virtual meeting for you to hear about the work of the G20 and B20 under Saudi Arabia’s presidency this year. We will hear from the Prime Minister’s personal representative to the G20 and Associate Deputy Minister of Foreign Affairs, Chris MacLennan, as well as the B20 sherpa, Dr. Abdulwahab Al-Sadoun, and representatives from the Trade and Investment Taskforce and Digitalization Taskforce.
September 15, 1:30 P.M. ET | Leveraging The SDGs To Achieve A Sustainable And Competitive Canadian Economy Post-COVID-19
We have partnered with Competent Boards and Global Compact Network Canada to engage board members and executives delivering the 2030 Agenda for Sustainable Development through a series of online panel discussions. This project is funded in part by the Government of Canada’s Sustainable Development Goals (SDG) Funding Program.
September 17, 1:00 P.M. ET | Future Of Transportation: Trucking
70% of Canadian goods are transported by truck, whether it’s groceries, raw materials, or other items essential to Canada’s economic well-being. Before and throughout the pandemic, the trucking industry has been invaluable in helping to keep supply chains open and flowing. Join us as we focus on the initial impacts of COVID-19 on trucking operations and steps the industry has taken to mitigate those impacts. We will also have a discussion on what the future of trucking may look like in a post-COVID world.
September 22, 11:00 A.M. ET | The Journey Of Artificial Intelligence (AI) Tech Adoption
An introduction to the principles and applications of AI and machine learning as seen through the lens of SMEs via user cases across multiple sectors.
You may be surprised to learn that fewer than one in 10 businesses are ready for AI adoption. Despite all the AI hype, the reality remains that a vast majority of companies simply do not have the capacity to augment their business operations with AI at scale, resulting in a series of one-off pilot projects. Please join Nicolas Chapados, Co-founder and Chief Scientific Officer at Element AI, Zied Touzani, Head of Partnerships at Dataperformers, and Stephane Boivin, Co-founder and CEO at Pivot88, as we explore how businesses can overcome these challenges and realize the benefits of artificial intelligence. This webinar will be moderated by Ulrike Bahr-Gedalia, our Senior Director of Digital Economy, Technology and Innovation.
September 23, 11:00 A.M. ET | Environmental, Social, Governance (ESG) Training Program
Join the Environmental, Social, Governance (ESG) training program designed for current and future board members, executives, investors and those who advise them. Learn directly from 95+ of the world’s most respected leaders on how to deal with COVID-19 and becoming resilient in an ESG focused world.
How We’re Helping Canadian Business
Molson Coors Joins Food-Industry Leaders To Support ‘Our Restaurants’
With the Canadian restaurant industry reeling from the COVID-19 pandemic, Molson Coors has joined 14 other business leaders, led by our organization, in a campaign that aims to bring awareness to the dire situation facing the food service industry and how consumers and the government can help.
A #TeamCanada Approach
Chambre de commerce et d’Industrie de Laval Receives Federal Funding To Assist Local Businesses
$500,000 in funding will go to the Chambre de commerce et d’industrie de Laval, helping it “offer technical assistance services to businesses and NPOs affected by the economic impacts of COVID-19 so they can benefit from the expertise and accompaniment of specialized resources.” This funding is part of the almost $2.5 million announced by Minister Mélanie Joly to support Greater Montreal and Laval-area businesses.