- NOACC Submission to Standing Committee on Finance & Economic Affairs Pre-budget Consultation
- Release of the Mining Supply & Services Association Pre-feasibility Study
- 79th Annual General Meeting Held In Geraldton
- Concerns with Bill 83
- Our Resources Can Help Us Build A Better Canada
Welcome to the NOACC Website
CANADIAN BUDGET 2017
Canada’s Finance Minister Bill Morneau outlined his second federal budget in the House of Commons yesterday following the usual rumours and speculations about what it may or may not contain. It builds upon the 2016 budget by providing more specifics about the Government’s plans for infrastructure spending and provides some new projects that are hoped to inspire innovation and growth in our economy.
Here are a few items that have direct implications on Northern Ontario’s business community:
- An increase of $25 million to FedNor’s $41 million budget over the next five years (going from $41 million to $66 million) which will help support economic growth in our region.
- The Mineral Exploration Tax Credit, which was scheduled to expire on March 31st, has been extended for another year at 15%. Our Chamber has repeatedly called for this tax credit to be made permanent so we were pleased to see that it will survive for now.
- In recent weeks, there has been a lot of chatter about possible changes to capital gains taxes or the addition of taxation on employee health benefits to help raise revenues for the government. As such we are quite relieved that there are no changes to capital gains, business tax rates and employee health benefits will remain non-taxable. Good news for employers!
- We were disappointed that the Budget does not provide loan guarantees to support our forest industry in preparation for the gathering storm on softwood lumber trade. We will continue our advocacy on this key ask with our colleagues at the Ontario Chamber and Canadian Chamber.
- There are new programs and funding to help spur innovation.
- New targets and funding have been identifies to increase the number of co-op and work integrated learning opportunities that will help youth obtain much needed experience to build their resumes.
The Canadian Chamber of Commerce has prepared a very detailed analysis of these and other items that may be of interest to you and your business.
Ontario Chamber of Commerce Small Business Too Big To Ignore
COMMON VOICE NORTHWEST – REPORT BY THE TRANSPORTATION TASKFORCE WORKING GROUP ON INTER-COMMUNITY BUS SERVICE – Future of Intercity Bus Service in NWO FINAL Feb 13 2016
PRESENTATION TO STANDING COMMITTEE ON FINANCE AND ECONOMIC AFFAIRS – January 20, 2016 – Prebudget 2016 NOACC
INTERCITY BUS SERVICE IN N. ONTARIO – Click here for more details: Intercity Bus Poster
The 2015 Northwestern Ontario Regional Conference was held September 23-25, 2015 at the Victoria Inn & Convention Centre in Thunder Bay, co-hosted by the Northwestern Ontario Municipal Association (NOMA); Ministry of Municipal Affairs & Housing and the Northwestern Ontario Associated Chambers of Commerce (NOACC).
Presentations made during the NWORC conference will be available on the NOMA website – www.noma.on.ca very soon.
NOACC’S Fall business meeting took place on Thursday, September 24th. NOACC Fall Meeting agenda information package – NOACC Fall business meeting information package Sept 24, 2015. Three resolutions were approved by the membership at that meeting. For more information: SPRING BEAR HUNT, AVIATION FUEL TAX & INTERCITY BUS SERVICE IN N. ONTARIO.
NOACC Letter for Ontario Energy Board – Energy East Consultation