MBOT NEWS & EVENTS
#mbotmagazine | Fall 2016
Marijuana Sales Estimate
Recreational Marijuana Sales Estimated at $2B by 2024
September 19: As the Federal Government prepares to present legislation to legalize marijuana, the provinces are poised for the windfall on tax revenue. The Ontario Chamber of Commerce passed a resolution at it’s Spring Annual General Meeting to support a fair and level playing field in the distribution of recreational marijuana. The Canadian Chamber of Commerce currently has a resolution before it’s AGM to lobby the Federal Government to mandate the Provinces to institute fair distribution. In other words, give private business the opportunity to engage in commerce, where legalized recreational marijuana is concerned. Mississauga Board of Trade supports the Ontario Chamber of Commerce’s recommendation to the Federal and Provincial government to implement evidence-based health and safety regulations and continue the study of health implications connected with this commodity. Mississauga Board of Trade urges the City of Mississauga and the Region of Peel to include the local business community in all discussions that will impact decisions on who and where licenses to distribute marijuana are granted. We also urge the municipal and regional governments to consult the local business community with respect to any “revenue tools” they may contemplate assessing for these licenses.
MBOT Agrees with Mayor Crombie For Greater Municipal Input on Federal Infrastructure Funding
Mississauga Board of Trade Agrees with Mayor Crombie For Greater Municipal Input on Federal Infrastructure Funding
September 13, 2016: As reported in The Mississauga News, Mississauga Mayor Bonnie Crombie is calling on the federal and provincial governments to provide municipalities greater say in the projects receiving federal infrastructure funding.
The Mayor attended a meeting of Federal and Provincial Infrastructure Ministers in Edmonton on September 7, 2016 where she made her plea. “Municipal budgets were never designed for large capital spending projects. We are here to provide municipal services, not build new subway lines or LRTs,” said Mayor Crombie in an interview with The Mississauga News.
“Often when they have these spending programs, the projects have to be new and unfunded. It’s fine if it’s an inspirational project, but we have asset management plans and we know what needs to be funded, we know what requires updating and we’d like to work off that list,” said Mayor Crombie. “Let’s fund our needs list, not our wants list.”
The Mississauga Board of Trade supports the equal and important input of local governments in infrastructure projects. It is important to fund good projects that properly invest in infrastructure, not just the sexy ones.
“We applaud Mayor Crombie for speaking out on this and we agree with her that Mississauga must be fully consulted before projects are announced and go ahead,” said David Wojcik, President & CEO, Mississauga Board of Trade.
MBOT Welcomes Throne Speech Promise To Reduce Electricity Costs for Businesses
Mississauga Board of Trade Welcomes Throne Speech Promise To Reduce Electricity Costs for Businesses
September 13, 2016: In the provincial Throne Speech read by the Lieutenant Governor on September 12, 2016, the Government announced that it would deliver additional relief on electricity bills.
The Government will introduce legislation that would rebate – directly on consumers’ residential electricity bills – an amount equal to the provincial portion of the Harmonized Sales Tax, an eight per cent savings. The rebate would go into effect on January 1, 2017 and small businesses will also qualify.
To benefit more businesses, the Government will expand eligibility for the Industrial Conservation Initiative by lowering the threshold for participation and broadening participation to all sectors. When fully implemented, participating industrial customers will be able to find savings of up to 34 per cent, depending on their ability to reduce peak consumption.
“This promise is welcome news for businesses in Ontario. Our members have been telling us that the high price of electricity is affecting their costs dramatically so any way to lower the price is going to be helpful,” said David Wojcik, President, Mississauga Board of Trade.
September 1: Mississauga Board of Trade Congratulates GE Canada and the Province of Ontario
Mississauga Board of Trade (MBOT) wishes to congratulate GE Canada and the Province of Ontario on the groundbreaking of the new “Brilliant Factory” in Welland, Ontario that will strengthen Ontario has a hub of advanced manufacturing.
GE Canada’s head office is located in Mississauga, Ontario and projects like this help support the Mississauga operations as well as those in Welland.
Expected to begin production in early 2018, the facility will produce energy-efficient engines and other components that are used all over the world. The Welland plant will be among the most advanced in GE’s global operations, and the first of its kind in Canada.
Ontario helped secure this project by providing a single point of contact for GE when the company was deciding where in Canada to make this major investment. Other companies will benefit from the same service model when the province launches the Strategic Investments Office (SIO) this fall.
The SIO will provide companies looking to invest in Ontario a one-window approach, offering a seamless range of services such as help selecting a suitable site, training workers, and fast-tracking provincial and municipal permits and licences.
The government is also enhancing Ontario’s appeal as a place to grow a business by investing $2.7 billion over 10 years through the Jobs and Prosperity Fund (JPF). Ontario is providing GE a conditional grant of $26.55 million through the JPF, leveraging an overall investment of almost $240 million.
“GE Canada has been a very strong supporter of MBOT over many years and a real corporate leader in Mississauga,” said David Wojcik, President & CEO, MBOT. “Announcements like this are good news for GE in all of Ontario.”
August 31: Mississauga Board of Trade Welcomes Tentative Agreement Between Canada Post and the Canadian Union of Postal Workers
The Mississauga Board of Trade (MBOT) is very pleased that a tentative agreement has been reached between Canada Post (CP) and the Canadian Union of Postal Workers (CUPW). It is hoped that this agreement will be ratified by the members and bring strength and stability back to Canada’s postal service.
“Mississauga is home to the Gateway postal distribution plant – a major centre serving southern Ontario. Businesses rely on effective postal services so an agreement that prevents a work stoppage is very encouraging,” said David Wojcik, President & CEO, MBOT. “Many residents of Mississauga work for Canada Post and so its continued operation is doubly important for employees and businesses.”
“SMEs and large organizations rely on Canada Post to deliver mail, products, catalogues & financial statements just to name a few articles. The uncertainty of job action to possible strike has been a negative burden specifically to many smaller companies who work within the industry. Service bureaus who provide the preparation and data compliance. Printing companies who have seen their business volumes drop for months leading up to to-day’s announcement,” said Laura Artibello, President, Canadian Consumers for Paper Options (CCPO).
“On-time delivery, fair market share pricing and quality service is crucial to all mail business. Just as the Post office cannot afford to rapidly lose more volume of mail, nor can the businesses that serve the market. We are relieved to know a tentative agreement has been reached. Mailers can resume print & product marketing on track with confident delivery,” Ms. Artibello concluded.
A quick and decisive ratification of this collective agreement is in everyone’s best interests.
Small Business: Too Big To Ignore
MBOT Referral Program
With our Member Referral Program, you can help us spread the word about the value of your membership to your business contacts. Every time you refer someone to MBOT and that company becomes a member you’ll be entered into a draw for a Prize. The winner will be announced at our GMM events every quarter starting March. The grand prize of 2 Delta airline tickets will be at our Annual General Meeting in December 2016. You will also receive a free networking voucher for every single referral!