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lcoc_phone.png 403.782.4300          lcoc_email.png info(at)lacombechamber.ca          lcoc_email-07.png  6005-50th Ave, Lacombe AB, T4L 1K7

April e//Newsletter

Apr 04, 2016

 April e//Newsletter

YOU COULD BE OUR NEXT FEATURED BUSINESS!

 
   

 

Are you a new business to our City or County?
Do you want to tell people about a new product or service?
Are you planning a special anniversary event?
Do you want an Advertorial distributed to the Membership and to all of our Social Media followers?

For your investment, you receive:

-An Advertorial or ‘Experiential Blog’ on your business, company, store (included in the Monthly Newsletter and in a Blog on our Website)
-Social Media exposure throughout the course of the month to send people to your website (Featuring a new product, service or event. Advertising a deal of the day, week, etc.)

Contact us at 403-782-4300 for details.

 

 

BA5 : SOAPY'S CAR & RV WASH

 
 
 

JOIN US AT THE 35TH ANNUAL TRADE SHOW

 

Click HERE to see the full list of vendors!

 

SMALL BUSINESS ROUNDTABLES - SIGN UP TODAY!

 
   

 

Are you looking for new, creative ways to market your business? 

Do you already have an idea but want to talk it through with some advertising gurus so you can optimize your time and money? 

Our friends Matt and Darcy at Sunny 94 want to sit down with you! Join us at the table for some coaching on best practices and budgeting to get the most bang for your buck! 


This session is exclusive to Chamber Members and is limited to 4 participants.
You must pre-register by calling 403-782-4300 by Thursday, April 7th.
The next available session is Tuesday April 19th, from 2:30pm-5:30pm.

 

 

ALBERTA CHAMBERS OF COMMERCE RESPONSE TO FEDERAL BUDGET

 
   

 

"Federal Budget Puts Business on the Back Burner"
 
Media Release
For IMMEDIATE Release
March 23,  2016


The business community of Alberta has significant concerns with the approach and commitments laid out by the 2016 - 2017 Federal Budget. To avoid being a purely political document without economic substance, the budget needs significant detail and specific information about the government's plans.

"We've been going over the various documents and it's tough to put together a clear picture of where we're going or how we're going to get there," says Ken Kobly, ACC President and CEO. "What is clear is that commitments to business have been put on the back burner by this wait and see budget. It's disappointing."

Some highlights affecting business include:

• Planned reductions to the tax rate of Small Business of 0.5% per year, from 11% to 9% by 2019, have been put on hold indefinitely
• Planned reductions to EI premiums, from 1.88 to 1.49, have been scaled back to 1.61
• Immediate capital spending will not be dedicated to areas which would benefit from stimulus - areas such as Alberta, Saskatchewan and Newfoundland which have been hit hard by the economic downturn

While many in Alberta will appreciate the improved access to and scope of extended EI benefits in the short term, business is left wondering how structural obstacles contributing to unemployment will be addressed in the long term.

"It's tough to get behind a budget that touts innovation and creating a new economy when we can't get a pipeline from the west to the east in this country, let alone to markets that will pay more for our products," says Kobly. "I'm pretty skeptical of a vision to be a global innovation leader while we continue to import oil and gas despite having an abundant local supply."

With the exception of taking measures to strengthening labour market development there was little, if any, uptake of the ACC's recommendations presented to the Federal Standing Committee on Finance during pre-budget consultations: 

1. Strengthen Canada's fiscal competitiveness and tax environment

2. Reduce barriers to trade and investment in competitive strengths

3. Strengthen labour market development with the view to attract and retain global talent

4. Adopt a proactive approach in policy design and implementation

Contrary to recommendations made by chambers, new tax compliance measures were introduced for Canadian companies operating in foreign jurisdictions or foreign companies operating in Canada. These measures risk increasing compliance costs and undermining competitiveness by avoiding the simple solution to addressing tax evasion:  simplify the tax code.

This budget also introduces Accelerated Capital Cost Allowances (ACCA) for electric generation and storage industries, while the ACCA remains in place for manufacturing and other natural resource sectors. Despite chambers persistent advocacy to reinstate the ACCA for petrochemicals mining and processing, this budget picks winners and losers and misses the opportunity to bring a measure of relief to Alberta's economy by encouraging investment in one of the province's core industries.

The lack of details provided in the budget documents makes it difficult to see exactly what accounts for the $29 billion deficit projected for this year and very difficult to know whether future projections of indefinitely continuing but declining deficits are valid. Lack of detail in how Canada will get back to fiscal balance presents a very real risk to fiscal sustainability and flies in the face of prudent fiscal management. 

Before any Phase 2 spending commences, the ACC wants to see a transparent model of performance metrics developed and applied to all prospective capital initiatives.

"Because of the uncertainty that comes with back loading the capital spending, and not knowing where government will invest or how they will divide the pie, they need to develop performance metrics that define capacity building measures and will keep things on track through the life of those investments." says ACC Chair Carman McNary. "We will accept what they are saying about the overall economic position now but reporting, verification and transparency of the government have never been more important."

The ACC's Federal Budget Submission can be viewed here.

The Alberta Chambers of Commerce is a federation of 128 chambers of commerce representing 24,000 businesses.

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For further  information or comment, please contact:

Ken Kobly, President and CEO
Alberta Chambers of Commerce
780.425.4180 Ext.5
(c) 780.975.1659 
kkobly(at)abchamber.ca

 

 

BOOST YOUR ADVERTISING WITH THIS GREAT DEAL!

 

Contact the office at 403-782-4300 to book your ad today!

 

SOAPY'S GRAND OPENING WEEKEND, APRIL 29TH & 30TH

 
 
 

TRY OUT A NEW FITNESS CLASS, ON THE CITY!

 

Click on the image to go to the City of Lacombe page.

 

ATTENTION, WOMEN IN BUSINESS AND LEADERSHIP!



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Category: e-Link Newsletter