Mississauga Board of Trade Congrats City of Mississauga
April 18, 2017: Mississauga Board of Trade (MBOT) would like to congratulate the City of Mississauga for being named again as a Top Mid-Sized City of the Future by Foreign Direct Investment (fDi) magazine.
“We know very well that Mississauga is an ideal location for any foreign firm to locate and we promote this constantly,” said David Wojcik, President & CEO, MBOT. “Mississauga has the right combination of innovation, highly skilled workforce and a business-friendly attitude making this the perfect place for any foreign investment.”
For more information on the City of Mississauga’s response and fDi magazine, please go to http://www.mississauga.ca/portal/cityhall/pressreleases/?paf_gear_id=9700020&itemId=7300192q.
Mississauga Board of Trade Supports Downtown Mississauga Community Improvement Plan
April 11, 2017: The Mississauga Board of Trade (MBOT) supports the recommendations of the Mississauga Planning & Development Committee approved last night to create a Downtown Mississauga Community Improvement Plan.
The staff report and recommendations were approved unanimously.
- That the Downtown Community Improvement Plan, proposed in the report titled “Downtown Community Improvement Plan” dated March 17, 2017 from the Commissioner of Planning and Building, be approved and that an implementing by-law be prepared;
- That a by-law delegating authority to the City Manager, to approve the Downtown Community Improvement Plan Development Processing Fees Grant and Tax Increment Equivalent Grant as proposed in the report titled “Downtown Community Improvement Plan” dated March 17, 2017 from the Commissioner of Planning and Building, be prepared;
- That the City Manager be authorized to sign Incentive Agreements that stipulate the terms and conditions for the granting of incentives under the Downtown Community Improvement Plan;
- That the Region of Peel be requested to develop a Regional Community Improvement Plan to support office development in Mississauga’s Downtown.
“Mississauga’s downtown needs to be a strong mix of commercial and residential development and the City needs to find ways to attract new office commercial development to its downtown core,” said David Wojcik, President & CEO, Mississauga Board of Trade. “The Community Improvement Plan is important but the City must also look at the challenges around underground parking, commercial connectivity and the economics of new development.”
MBOT is a strong supporter of the City of Mississauga and land owners/developers in the Downtown looking at creating a Parking Authority and having the right policies in place that will attract a five star hotel and convention centre.
“We are very pleased to see the City moving in the right direction on this and we would encourage the Region of Peel to adopt a CIP as well,” Mr. Wojcik concluded.
BUSINESSES NEED MORE SUPPORT TO LIMIT CAP AND TRADE IMPACT: MISSISSAUGA BOARD OF TRADE
OCC Calls on Premier Wynne to Prevent Exporting Jobs During the Transition to a Low-Carbon Economy
April 5, 2017: Today the Ontario Chamber of Commerce (OCC) with the support of the Mississauga Board of Trade, sent an open letter to Premier Kathleen Wynne calling on the government take action through Budget 2017 to contain the costs of the cap and trade system to better support Ontario’s business community. At a time of low business confidence across the province, and increasing competition from the United States, rising input costs for Ontario business risk negatively impacting jobs and investment in Mississauga and across province.
In the letter, the OCC warns that the province must measure the impact of cap and trade among other input costs to fully understand the cumulative burden facing Ontario’s business community. Because businesses are directly affected by the costs associated with cap and trade, the Government of Ontario must ensure that the revenue and design of the system is allocated and developed in a way that supports Ontario’s business community.
“The Mississauga Board of Trade stands with our partners at the Ontario Chamber of Commerce and we are calling on the Premier to take action and support our businesses and local economy,” said David Wojcik, President & CEO, Mississauga Board of Trade.
The OCC has identified four priority actions that would assist the business community to better navigate the cap and trade system:
- Prioritize the allocation of cap and trade revenue for businesses, in addition to other efforts to offset the cost of cap and trade. Making the process to access resources as quickly as possible will be important, especially for smaller businesses who have little time or money to dedicate to program applications.
- Prioritize innovation funding. Many Ontario businesses have already taken steps to reduce their carbon footprint. Achieving further reductions could be difficult and will often require the implementation of new technologies.
- Create greater post-2020 design certainty. Post-2020 certainty is important for businesses looking to make long-term investments in Ontario.
- Monitor and respond to regional impacts. To ensure the strategic allocation of cap and trade revenues, government should conduct a regional analysis of the impacts.
“Increased input costs imposed on the private sector mean that Ontario risks losing out on jobs and investment, and risks an economically and environmentally damaging shift in production to jurisdictions that are not taking action to reduce their greenhouse gas (GHG) emissions,” said Graham Henderson, Chair of the Ontario Chamber of Commerce. “More action must be taken. In all policy decisions, the provincial government must consider how we can prevent exporting jobs while importing pollution.”
The letter is aimed at impacting government policy in Budget 2017, and builds on the OCC’s meetings with senior government officials. These meetings have emphasized the need to ensure Ontario’s businesses remain competitive and confident in the face of a changing economy.
The Mississauga Board of Trade and Ontario’s Chamber Network have engaged in significant advocacy on the cap and trade issue since 2015. This letter builds on the OCC’s earlier communications to government calling on the Ontario Energy Board to disclose cap and trade costs to taxpayers as a line-item on natural gas bills. Last year, the Ontario Chamber Network also called on the government to delay the implementation of the cap and trade system until 2018.
A copy of the full letter to the Premier can be found at http://www.occ.ca/portfolio/14518/.
Mississauga Board of Trade Congratulates City of Mississauga on $1.3 billion in Building Permits for 2016