The Cambridge Chamber of Commerce and Ontario Chamber of Commerce (OCC) have released their 2020 Ontario Pre-Budget Submission focused on four pillars to create a more competitive business environment in the province: fiscal policy; regulation; the future of employment; and innovation and entrepreneurship. Read more.
Small and medium-sized enterprises (SMEs) have been at the center of the economic crisis caused by COVID-19. Faced with reduced revenue, poor liquidity, disrupted supply chains, and a host of unprecedented challenges, many small businesses have used this as an opportunity to pivot their business model and grow. The Cambridge Chamber of Commerce and Ontario Chamber of Commerce’s (OCC) latest policy brief, Small Business, Big Impact: How SMEs are Pivoting During COVID-19, highlights a range of Ontario’s SMEs that have successfully adapted during this difficult time. Read more.
Today, the Royal Bank of Canada (RBC) released Small Business, Big Pivot: A devasting downturn, and how Canadian enterprises can transition. The report contains proprietary economic research which outlines how the landscape has shifted for small- and medium-sized enterprises (SMEs) during the COVID-19 pandemic. The document also includes a tangible plan to help Canadian small businesses thrive in a post-pandemic economy. Read more.