Bulletin: September 10, 2020

Today’s Top Story

Presentation And Q&A With Tiff Macklem, Governor Of The Bank Of Canada

Today we were pleased to host the Governor of the Bank of Canada, Tiff Macklem, for the Bank of Canada’s Economic Progress Report. Governor Macklem discussed the September interest rate decision and explained how the COVID-19 pandemic is affecting different sectors and people in the economy. Hon. Perrin Beatty, our President and CEO, and Monique Leroux, a member of our Council for Women’s Advocacy, also delivered remarks. Dr. Trevin Stratton, our VP of Policy and Chief Economist, moderated a Q&A session with Governor Macklem. Our members had the exclusive opportunity to participate in the event by videoconference and submit questions to the Governor. You can now watch the event via YouTube.

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For Your Attention

Government Announces Targeted Support For Black Entrepreneurs And Business Owners

Yesterday the government announced up to nearly $221 million in support for Black entrepreneurs and business owners, in partnership with Canadian financial institutions. One of the goals is to launch Canada’s first-ever Black Entrepreneurship Program. We applauded the announcement as it aligns with our views on the importance of an inclusive recovery that leaves no opportunity for growth left unpursued.

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SIR Corp Talks About Change, Safety And Why We Need Help To Protect The Canadian Restaurant Industry

Partners of the Our Restaurants campaign are sharing their perspectives and insights on the issues facing the industry. Today our member, Service Inspired Restaurants, (whose brands include Jack Astor’s, Scaddabush, Canyon Creek and others) provided its insights. Characteristically defined by its fast-paced, constant innovation, the Canadian restaurant industry has continued to adapt rapidly throughout the COVID-19 pandemic to stay alive despite being one of the hardest-hit industries.

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Free Upcoming Events

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. 

Agenda And Background

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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.

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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.

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September 23, 1:00 P.M. ET | Crisis Communications In Times Of Pandemic: Maintaining Your Brand While Facing Financial Challenges And Business Uncertainty Webinar, With National PR

How a business communicates in this era of the COVID-19 pandemic is key to its future success and sometimes to its very survival. 

As consumer behaviour changes, supply chains become disrupted and employees and employers navigate uncharted territory and uncertain futures, the importance of a well-crafted crisis management plan is becoming ever clearer to Canadian businesses. 

Join us for an interactive webinar with guest speakers Mark Boutet and Larry Markowitz of NATIONAL Public Relations. We will discuss the basic principles of crisis communications and will focus on maintaining your brand during these challenging times.

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View Other Upcoming Webinars

How We’re Helping Canadian Business

Meeting With Provincial And Territorial Policy Leads

Today members of our Food Services Working Group, as part of the Our Restaurants campaign, met with provincial and territorial policy leads to discuss and highlight the challenges facing the industry. The conversation was positive but underscored the urgent need for support for our restaurants in communities across Canada. Please ensure your local chamber or board of trade is actively engaged with the campaign and is using the materials we made available in the campaign’s toolkit.

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Access The Toolkit

A #TeamCanada Approach

TELUS Canada

Our member TELUS and the Children’s Aid Foundation of Canada partnered to help keep vulnerable Canadian youth safe and connected to vital resources through the TELUS Mobility for Good™ program – now available nationwide. TELUS Mobility for Good™ helps youth stay connected with access to a free smartphone and fully subsidized plan from TELUS for two years.

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