Blog - Cambridge Chamber of Commerce

Quiet quitting, thanks to viral posts on social media, has become a term very familiar in workplaces worldwide.

 

It describes the phenomenon of employees who no longer go above and beyond by doing only what is expected in effort to maintain jobs that may no longer interest or inspire them.

 

This disengagement from work has grown exponentially since the pandemic. In fact, the 2022 State of the Global Workplace report from Gallup shows only 21% of employees are engaged at work.

 

“We’ve come through such a crisis over the last couple of years. To some extent, I think we’re over it now, but it has forced people to make different decisions about work, especially if they were burnt out already,” says Frank Newman, CEO of Newman Human Resources Consulting, who will explore quiet quitting at a Cambridge Chamber of Commerce webinar Dec. 1 entitled Is Your Team Quietly Quitting?

 

He will not only touch on some of the top reasons why employees quietly quit as well as the warning signs but provide insight on how employers can alter their work environment so they can not only attract but, more importantly, retain employees.

 

“You want to make sure you create the best work environment as possible,” says Frank, acknowledging the existence of an “employees’ market” due to labour shortages.  “That really means taking a very critical look at your work environment. Do you know what people need? Is it benefits? Is it better management? This is the ideal time to do an employee survey or workplace assessment to provide you with some sort of tool you can use to get a fix in terms of what are you going to fix first.”

 

He says this process may not prove to be a comfortable experience for some workplaces, however, insists this information can go a long way in assisting an organization set benchmarks regarding branding, image or even compensation.

 

“There are so many changes happening right now and if you don’t understand where you’re going or where you’re at, it’s pretty hard to make any progress,” says Frank.

 

He also recommends employers conduct exit interviews, formally or informally, to get a sense of why an employee has decided to leave.

 

“Make sure you understand what people are feeling. Also, spend some time with your newest employees and ask them what attracted them to your organization.”

 

Frank says in the age of social media, it’s important to encourage people who leave to remain an ambassador for the organization adding that bad reviews tend to get more traction than good ones.

 

“Organizations need to think about that as they manage those who are quietly quitting and those who suddenly walk out the door,” he says. “I always encourage my clients to search various job boards to see what’s being said about them.”

 

Frank admits it’s a tough time to be a manager right now, noting that employees have become much more critical on how their companies are managed than they were in the past.

 

“People looking for work have so many options out there now, and if you’re a hiring manager, it’s putting more pressure on management to get work done with less resources,” he says, noting the difficulty this causes employees who are now required to pick up the slack due to staffing shortages.

 

However, Frank says he’s optimistic as the economy continues to readjust following the pandemic there will be less quiet quitting.

 

“As companies get smarter in managing their businesses and people, I think you’ll see less of that," he says.

 

Work Trends Facts:

  • Burnout is a big risk in the workplace, especially amongst younger Gen Z professionals aged in their 20s, research shows. A survey of 30,000 workers by Microsoft showed 54% of Gen Z workers are considering quitting their job.
  • In its 2021 Global Risks Report, the World Economic Forum ranks “youth disillusionment” as eighth of 10 immediate risks. Findings include deteriorating mental health since the start of the pandemic, leaving 80% of young people worldwide vulnerable to depression, anxiety, and disappointment.
  • Workforce data from organizations including McKinsey & Company suggests 40% of the global workforce are looking to quit their jobs in the next three to six months.

Source: World Economic Forum website

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Following a barrage of pandemic lockdowns and closures, restaurants in Canada are still not out of the woods, despite the fact mask mandates have long since been lifted and life has seemingly returned to ‘normal’.

 

According to a recent report from Restaurants Canada, over the past year restaurant closures have outpaced openings by 43% and inflation-adjusted food service sales will be around 11% below 2019 levels by the end of this year. The report also indicates traffic in full-service outlets is down nine per cent, and approximately down five per cent for quick service ones. However, according to the report sales could still surpass the $100 billion mark, which is encouraging.

 

But getting to that level could be difficult say restaurant owners, taking into consideration ongoing labour shortages and supply chain issues.

 

“If I were to sum up state of the industry in one word, it would be ‘tired’, especially for independently owned and operated restaurants like my location,” says David Kroeker, owner of Zoup! on Hespeler Road in Cambridge. “It’s been a struggle and it’s kind of come in waves as well.”

 

Matt Rolleman, co-owner of Thirteen at the corner of Water and Main streets in Galt, agrees and wonders what the impact COVID-19 will have in the next few months, especially for the Christmas bookings he already has in place.

 

“In the back of my mind and for a lot of business owners in general is we’re hoping there won’t be another wave like before,” says Matt, noting he’s optimistic vaccines and boosters will lessen the severity of any potential impact. “But it might be a wave of staffing issues with staff getting sick with COVID. I think we’re still in this really precarious situation and are worried about COVID-19, even though people are treating things like it’s all back to normal.”

 

Staffing levels an issue

 

When it comes to current staffing levels, restaurants nationwide are finding that retaining staff continues to be a major hurdle. Restaurants Canada estimates the sector has had between 150,000 and 170,000 vacant positions for some time and currently employs 271,000 fewer people prior to when the pandemic hit in 2019. This has resulted in many restaurants to alter the way they operate, perhaps opening fewer days a week or closing earlier.

 

“Staffing retention is a huge thing right now that all businesses, and especially restaurants, have to look at,” says Matt. “But restaurants are pretty much drawing from a very similar pool of people and there’s all these restaurants vying for the limited staff that’s available.”

 

David agrees and says even the recent minimum wage hike to $15.50 won’t really help the situation.

 

“At the end of the day we’re not helping our employees because everyone is jacking up their prices and everything is costing more,” he says. “It’s a vicious circle.”

 

Supply chain problems

 

Like most restaurant operators, David says supply chain issues also remain a big concern. As prices on the menu increase with inflation, the number of food choices has decreased in some restaurants resulting in them offering only a few dishes on any given day to provide more predictability for the back-of-house staff.

 

“The supply chain has essentially fallen apart in my opinion,” says David. “I spend at least five to 10 hours a week just looking for alternative products so we can keep a full menu.”

 

He says customers service has remained his No. 1 priority and says it can be difficult having to explain to patrons about the challenges he faces if something they order is not available.

 

“I’m so grateful for our client base because 99% of our customers are absolutely fantastic and they get it,” says David, adding the solution needs to come from all levels of government, especially when it comes to custom issues at the border.

 

“At our distribution centre there is so much backlog right now they have to make reservations for trucks to show up to receive goods,” he says, noting the Bank of Canada’s decision to increase the prime lending rate to combat rising inflation and the Province of Ontario’s minimum wage increase are working against businesses.

“It’s different levels of government not working together, and they are actually impacting the long-term situation in Ontario,” says David.

 

Impacted by loans

 

Like many restaurant operators, both he and Matt utilized the Canada Emergency Business Account during COVID-19 and while that may have assisted during the cycle of lockdowns and re-openings, they worry about the overall financial impact.

 

“We took on some stuff that we never would have done before,” says Matt, adding business was ‘rolling’ before the pandemic. “I had never planned on taking those extra loans. There’s a lot of businesses that have taken on loans so hopefully when winter hits we don’t see a big recession because it’s going to be hard on a lot of businesses.”

 

He says having Main Street closed to traffic during the summer was great for his outdoor patio and is optimistic that come next year people will continue to look at staying closer home due to higher costs.

 

However, Matt expects that people’s dining habits will change.

 

“Restaurants are a luxury. I’m anticipating that people who dine out once a week may switch to once a month, and those who come once a month might switch to once every two or three months,” he says, adding there is little that restaurant operators can do when it comes to combatting supply chain issues and rising interest rates. “It’s a little daunting for sure.”

 

  •  With files from Troy Media
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The cumulative energy of Chambers nationwide took the spotlight at the Canadian Chamber of Commerce’s recent CCEC Conference and AGM in Ottawa.

 

More than 400 delegates representing Chambers from across Canada gathered Oct. 12-15 in our nation’s capital to brainstorm and attend presentations pertaining to a variety of issues to help these organizations assist businesses. These included everything from generating revenue ideas and the importance of digital transformation, to promoting advocacy and promoting staff growth to create more impact in helping to recruit Chamber Members. As well, the AGM featured several interesting panel discussions and guest speakers, among them U.S. Ambassador to Canada David Cohen who outlined the importance of business relations between the two countries and potential hurdles, as well as John Graham, President and CEO of the Canada Pension Plan Investment Board.

 

 

 

“The calibre of the discussion at the CCEC (Chamber of Commerce Executives of Canada) and AGM is always top-notch and provides the Chamber network with new ideas that can go a long way in helping our Members succeed,” says Chamber of Commerce President & CEO Greg Durocher, who received a special nod of recognition from Canadian Chamber of Commerce President and CEO Perrin Beatty during his opening remarks at the AGM for his work in creating the pilot rapid antigen screening kit program for businesses. To date, Mr. Beatty said the program has resulted in the distribution of more than 10 million kits to businesses nationwide.

 

During his address, Mr. Beatty touched on current labour and supply chain concerns facing communities nationwide and the importance of the Chamber network in developing growth minded policies to assist the economy to flourish.

 

“Growth doesn’t just happen spontaneously, it takes planning,” he said, noting the value and strength contained within the Chamber network to implement change. “Nationwide, Canadian Chambers are fighting for Canadian businesses.”

 

Policies helping businesses

 

This year, 61 policy resolutions were up for debate in a variety of categories including agriculture, international affairs, human resources, transportation, natural resources and environment, and finance and taxation.

 

The Cambridge Chamber of Commerce's policy calling for the creation of a more equitable tax distribution plan to assist Canadian municipalities was among 53 approved by delegates. Our policy calls for the review of current funding mechanisms to ensure municipalities can fund their needs, including physical and social infrastructure to set the stage for economic recovery in communities, which in turn is good for local businesses. Besides carrying the lion’s share of Canada’s public infrastructure funding, municipalities have continued to face additional pressures surrounding a myriad of issues including housing, public transit, public safety, the opioid crisis, telecommunications and broadband, to name just a few.

 

“Our policy calls for all levels of government to sit down at the same table to work out a fairer tax distribution plan to meet the needs of Canadians and formulate local solutions that will help businesses succeed,” says Greg. “Having the backing of the Canadian Chamber network can go a long way to create positive results in the right direction.”

 

The approved policies now become part of the Canadian Chamber’s policy ‘playbook’ in its efforts to advocate for change.

 

To learn more about our advocacy and policy work, visit https://bit.ly/3ez63vZ.

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The race is on to determine who will represent Cambridge residents for the next term at City Hall.

 

Although the municipal election will be held Oct. 24, advanced voting begins Oct. 6 providing many of those seeking a seat on City Council a limited amount of time to garner support in their quest to make a difference in how our community remains a great place to live and do business.

 

“I think every level of government is important to business,” says Cambridge Chamber of Commerce President & CEO Greg Durocher. “There are federal, provincial, and municipal regulations that mitigate the growth of business and business owners need to pay very close attention to every level of government and participate by voting or campaigning, or supporting, or whatever they need to do to stabilize their business within the confines of Canadian democracy.”

 

 

In Cambridge, three new councillors will be seated at the table with the potential for several others if the incumbents fail to retain their positions. But whether the prospect of massive change around the council table is enough to sway more residents to vote remains uncertain since traditionally, municipal elections garner a lower voter turnout than provincial or federal races. In the last municipal race in 2018, voter turnout in Cambridge was 32.4% compared to the provincial average of 38.30%. Compare this to the recent provincial election which experienced a voter turnout of about 43.5%, one of the lowest in decades.

 

“Media tend to focus on national or provincial elections, and of course those are organized by political parties who are able to mobilize an enormous amount of activity and intention because they can spend a great deal of money and voters can easily identify who the political operatives are,” explains Dr. Dennis Pilon, Associate Professor, Faculty of Liberal Arts & Professional Studies – Department of Political Science at York University. “When you look at it from the point of view from the voters, the challenge they face is that it’s very difficult to get informed about what’s really at stake. For voters to work out what each individual (municipal) candidate represents without a party label is somewhat challenging.”

 

As well, Dr. Pilon is candid when he talks about the legislative controls at the municipal level, noting even their ability to determine land uses can be circumvented by developers through the Ontario Municipal Board process.

 

“When we look at how the founders of our country and current federal and provincial politicians look at local government, they deliberately made it the weakest level of government,” he says. “It has very little independent power and has almost no fundraising capacity and is completely controlled by the provincial governments.”

 

Despite that, Greg notes the fact municipal governments are responsible for many elements –waste collection, police, fire service, roads, water and sewer, snow removal – that provide business owners with the ability to operate their businesses.

 

“They make the community safe and habitable, so the people you need to run your business want to live in your community,” he says. “I think businesses should encourage their employees to get out and vote because local government is the one level of government that truly affects their everyday lives.”

 

But inspiring people to vote in a municipal election can be difficult.

 

“It’s not that people don’t care and are not passionate,” says Dr. Pilon. “But often it takes a huge issue to catalyze the public and give them a focus for their concerns.”

 

For example, he says the proposed construction of the controversial Spadina Expressway in Toronto in the late 1960s and early 1970s, and more recently the amalgamation plans outlined in former Ontario premier Mike Harris’ ‘Common Sense Revolution’ in 1995 mobilized an enormous amount of people.

 

“You have to have a big issue that’s going to affect the majority of people, and thankfully, we don’t have those big issues,” says Greg, adding even the approval of the LRT didn’t garner as much concern as expected. “When there are those neighbourhood issues, they generally don’t drive people to the polls.”

 

Dr. Pilon agrees and notes that even the current housing and homelessness issues facing most communities is likely not enough to inspire more people to vote.

 

“Historically, when we look over the 20th century, the market has had an uneven ability to respond to housing needs again and again. It’s not a new problem and not one that municipalities have the finances to deal with so there you’ve got this mismatch,” he says, adding it’s a difficult issue for local candidates to succeed with at the ballot box. “There will be no accountability on the issue because there’s very little that municipalities can do.”

 

Dr. Pilon says ‘dramatic events’ that rise above the ‘noise’ are needed to mobilize voters at the local level, which is difficult due in part to media cutbacks.

 

“A lot of local newspapers have taken a hit over the past decade, so people aren’t receiving as much local council coverage and that makes it difficult for them to find out what’s going on,” he says.

 

To encourage more voter participation, Dr. Pilon recommends several potential changes including allowing the formation of ‘slate’ parties in Ontario, similar in nature to what is allowed Vancouver, B.C., as well as reforming campaign finance laws to prevent developers from having too much ‘pull’.

 

“Another reform that would make a big difference is stop reducing the size of councils,” he says, referring to Premier Doug Ford’s reduction of wards in Toronto. “What kind of impact is that going to have on representation?”

 

In terms of representation, Greg says a party system is not the answer at the municipal level.

 

“People are there representing their neighbourhoods and community, their friends and family and the businesses they shop in,” he says, adding a party system doesn’t lend itself to this type of scenario and that leaving their own political ‘baggage at the door’ is key for a successful council candidate.

 

“You’re not looking for someone with a platform of ideas as much as someone who has leadership and communication skills and can deliver on the interest of the neighbourhood. You want an individual who is compassionate and understanding and can also communicate well to upper levels of government to make sure that the community’s broader needs that may relate to provincial or federal issues are understood and addressed as best they possibly can.”

 

To learn more about the 2022 Municipal Election, visit the City of Cambridge.

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The Cambridge Chamber of Commerce and Ontario Chamber of Commerce (OCC) welcomes the return of the Legislature and looks forward to working with Premier Ford, his new cabinet, and all parties to champion the province’s competitiveness, productivity, and growth.

 

To put its members’ concerns’ front and centre as the Legislature returns, the OCC today released its Blueprint to Bolster Ontario’s Prosperity, which provides a letter to each provincial cabinet minister outlining key policy priorities.

 

“Businesses across Waterloo Region are looking to the government to develop policies that will spur local and regional economic growth and job creation,” said Cambridge Chamber of Commerce President & CEO Greg Durocher.  “The government must create the right conditions to support business stability, predictability, and confidence. There must be a balance between short-and long-term solutions to address our current and future challenges.”

 

Some key highlights in the Chamber network's Blueprint to Bolster Ontario’s Prosperity include:

  • Addressing Ontario’s labour market challenges by boosting immigration, removing barriers to labour mobility, and introducing workforce development strategies for key sectors such as construction, health care, tourism, and hospitality, and transportation.
  • Bolstering our health care system by developing a health human resources strategy, delivering on digital health, and addressing backlogs in routine vaccines, diagnostics, and cancer screenings.
  • Continuing to prioritize lowering the administrative burden on business and ensuring that regulation is streamlined and effective.
  • Planning for Ontario’s long-term energy needs to ensure businesses and residents continue to have access to reliable, clean, and affordable energy for generations to come.
  • Propelling housing affordability through increased supply and regulatory reforms to fuel the industry and help organizations attract and retain talent.
  • Advancing regional transportation connectivity and fare integration as well as broadband infrastructure projects in collaboration with the private sector.
  • Modernizing public procurement to support small businesses and equity seeking entrepreneurs to diversify the supply chain.
  • Seizing Ontario’s opportunity to lead in the global green economy by minimizing uncertainty, supporting cleantech, mobilizing clean energy solutions, and strengthening climate adaptation.

 

“The past few years have been characterized by tremendous uncertainty: a prolonged pandemic, record-high inflation, supply chain disruptions, labour shortages, and geopolitical turmoil. If we want our economy and people to emerge stronger amid so much uncertainty, Ontario must focus on creating the right conditions to support competitiveness, productivity, and growth,” said Rocco Rossi, President and CEO, Ontario Chamber of Commerce. “We are providing all Ministers with a blueprint for steps that can be taken to ensure we are bolstering Ontario’s prosperity – we look forward to continued collaboration with the Government of Ontario and all parties over the next four years.”

 

The OCC’s blueprint letters includes both policy asks where immediate action is required to support business and foundational recommendations for long-term prosperity and were informed by OCC’s diverse membership.

 

READ THE LETTERS.

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When the first students arrive for class in September at Conestoga College’s skilled trades campus, they will quickly discover a unique learning environment.

 

“It’s going to be a living lab,” says Suzanne Moyer, Conestoga Dean of Trades and Apprenticeships, describing the 322,000-square-foot state-of-the art learning facility taking shape at the former site of motorhome manufacturer Erwin Hymer on Reuter Drive. “The infrastructure is such that areas are exposed so that students can see how the building was built. You can walk into a classroom and actually see the duct work.”

 

Suzanne says the building, the first part of a multi-phase plan for the campus to house all of Conestoga’s skilled trades programs, has been designed with a very ‘open and visible’ concept towards learning with 150,000-square-feet of space dedicated to shops and labs.

 

“There are lots of windows so if you’re walking through the building, you can see what’s happening in the shops and other students can also see what’s going on,” she says, noting the campus will heighten the college’s successful approach of providing hands-on and practical learning. “Conestoga College has always been an advocate for skilled trades and in the last 15 years or so, we’ve really grown the amount of programming we have in the skilled trades.”

 

The timing for this major move couldn’t be more critical since the need for skilled trade workers only continues to increase in Canada, with a potential shortage of 60,000 workers expected by 2025. Currently, an analysis of 56 high-demand trade sectors nationwide indicates a shortage of approximately 10,000 skilled trades workers – which could be as high as 100,000 if all 250 regulated trades in Canada are considered. As well, the federal government says approximately 700,000 trade workers in Canada are likely to be retired by 2028.

 

“In part, we’re definitely responding and aware of that need both regionally, provincially and federally,” says Suzanne, noting a key goal was to consolidate the programs currently offered among the college’s seven campuses at one central location. “With that you get more efficiencies, and you also get all the students in different trades working more closely together. There are many positive things that will come out of this by having everyone located in one area.”

 

She admits there have been hurdles, including the pandemic, supply chain issues and labour disruptions, that delayed the project after Conestoga College purchased the site in 2019.

 

“But we’ve continued to adjust and amend the schedule and work our way through,” says Suzanne. “For example, our HVAC, millwrighting and electro-mechanical programs were supposed to move into the building in September but now they are going to move in next spring and be ready for students in September 2023.”

 

However, this September the new campus will become home to several of Conestoga College’s many skilled trades programs, including electrical, plumbing, machining, carpentry apprenticeship, as well as its one-year multi-trade program which allows students to sample four trades.

 

“The students are very excited because it will be a new and full-service campus,” says Suzanne, referring to the features provided which include a library, food services, counselling services, academic supports, and student success advisors.

 

She says the timeline for when the rest of the campus will be developed depends on funding. The first phase has come with a price-tag of $110 million.

 

“A lot of factors play in to all that. But we definitely have the space to grow,” says Suzanne, referring to the 42-acre site.

 

She notes the reaction from the business community has also been very positive and says Conestoga College welcomes any opportunity for partnerships.

 

“We have all kinds of opportunities to partner together. We work with organizations to make sure it is a good partnership,” says Suzanne, adding financial and in-kind donations are important but there are other ways businesses can be involved. “For those not in the financial position to donate, we have program advisory committees for every one of our programs where members of industry provide us with guidance in terms of what’s needed in industry from our graduates.”

 

She says these committees meet twice a year and provide valuable input to ensure Conestoga College is offering the best programming possible.

 

“We’re always looking for volunteers to serve on our advisory committees and work with us to ensure our graduates are industry ready.”

 

To find out more, visit Conestoga College Skilled Trade Campus.

 

Drawing supplied by WalterFedy/Moriyama & Teshima Architects

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The fallout from the Rogers outage continues to be tallied even as Innovation, Science and Industry Minister Francois-Philippe Champagne prepares to appear before a parliamentary committee sometime this month to answer questions regarding this nationwide disruption that cost businesses thousands of dollars.

It’s been estimated, according to a recent article published by BNN Bloomberg, the Canadian economy took a $142 million hit when a major service outage July 8 affected more than 12 million Rogers’ customers.

 

The system-wide cable internet and cellular network failure, which included subsidiary brands of Rogers Wireless, Fido, Cityfone and Chatr, was blamed on a maintenance update in its core network and in some cases, repairs took several days before all services were fully restored. Rogers has agreed to compensate customers affected by the outage, but many have now been left wondering what the next outage could bring?

 

We asked two local IT experts – Five Nines IT Solutions President & CEO Douglas Grosfield and MicroAge Kitchener owner Robert Jolliffe – to share their thoughts on what businesses can do to ensure they are better prepared for the next big outage.

 

Q. What can business owners do to prepare for potential interruptions?

 

Robert: First, they should determine if they can run their business off their cell phone by hot spotting. During the Rogers outage, some people had their business internet and cell phone both with Rogers, and that left them without a back-up option.  

 

The second thing a business can do, is have two internet connections on your business premises from two different providers. If your business is at a certain size and an extra $100 (or less) a month for a backup internet connection is a negligible cost, the second connection is worthwhile investment. Even if you are not using it, you have the insurance of a back-up connection.  

 

The backup could even be the lowest, cheapest connection available, which will get you through a day or two until your main connection is back up. It’s also worth considering whether one of your connections should be wireless; Starlink is an example of wireless internet connection.  

 

Douglas: Assuming a business is using proper perimeter security devices, most industry standard firewalls will easily support having two ISP connections and will use them in many ways.  You can have them active / passive, meaning if your primary connection fails, all traffic fails over to the secondary connection with nearly zero disruption, and fails back to the primary once it again becomes available. You can also do load balancing or ‘bond’ them such that traffic with different priorities (i.e., data vs voice) uses the appropriate connection and thus has no adverse effect on the other.  Check if your cellphones support dual SIMs; many do nowadays.  You can then have a SIM from more than one cellular provider and ensure reliable communications. An alternative would be to pay for minimal ‘lines’ for key or critical users, at a secondary provider, so that a manual swap of SIMs can get them back in business quickly.  Note that these things mean a different number, but in the short term can provide connectivity and communications.

 

Q. What would be the simplest piece of advice you could offer businesses when it comes to navigating these interruptions?

 

Robert: Have a backup plan. If there's a fire in the building, you have an evacuation plan. If the if power goes out, you know what you're going to do for your business. Treat internet failure the same way.

 

Douglas: Do not allow yourself to believe you are exempt from disruptions like this. Talk to a trusted technical partner about your options and like anything else, take the first step to achieve a goal.  If as a business owner your primary goal is not to protect that business, its clients and staff, its data, and systems, and to ensure the business continues to thrive and grow, then you’re doing it wrong.

 

Q. Do you see further interruptions like these becoming more commonplace and can they be prevented?

 

Robert: They won't become more commonplace, but they will be more severe because more of our society is connected to the internet now.  

The big telecom companies are going to put in more fail-safes, so the likelihood of it happening again is low. But as time goes on and society becomes more connected to the internet the likelihood of it causing disruptions is higher. 

For example, during the Rogers outage many people couldn't pay for things. 

Another example would be grocery stores that have digital price tags on the shelves. They're using this so that they can push price changes out from their head office, electronically across all the stores. So just imagine if you needed an internet connection for that, and all the prices get set to zero and then the internet went out?

 

Douglas: Yes, these companies are in business to generate profit, no surprises there.  Their investment (in the absence of legislation or other government-mandated investments) in the backbone networks and infrastructure, and the security of same, are going to be tightly budgeted and controlled.  Add to this the fact there is little competition and low likelihood of that changing anytime soon, and the communications landscape in Canada is ripe for this sort of disruption.  Toss in external issues such as cyber-attacks, and we can see that our current highly vulnerable national communications infrastructure needs overhauling and investment.

 

Don’t get me wrong, you can protect yourself by doing the right things regardless.  Endpoint protection, firewalls, redundant Internet connections, mobile device security, VPNs, encryption, etc.  All readily available technologies, inexpensive and simple to implement and manage with expert help and advice.

 

Q. Are businesses too reliant on one telecommunications company to deliver their service?

 

Robert: I would say that, yes. If a business only has one internet connection which is connected to an almost consumer grade firewall, then they are too reliant on one company. At first, if that internet connection goes down, that business is okay to go a day without internet. Then they grow to a size where it’s not okay to go a day without internet, but they don't change anything.  There are higher end firewalls that will allow them to mesh two connections, from two providers. So, if the main internet connection goes down, the other one from the other provider kicks in seamlessly. Employees and users on the network won’t even notice a disruption.  

 

Douglas: The communications market in Canada is radically different than in the U.S., for example, where there are far more options. However, having more providers requires subscriber density, meaning how many paying customers per square mile for example, to support the infrastructure.  For example, cellular service across a large geographic area requires mostly the same infrastructure (i.e., towers, networks etc) for 10 clients as it would for thousands or tens of thousands.  Without enough subscribers, it is cost prohibitive. Relying on one provider is very risky and given the simplicity and low cost for redundancy in this space, is both a mistake and a missed opportunity for businesses.  Business as usual when your competitors are not, is a huge advantage and costs very little.  Spread out your risk, eliminate by using proven technology to do so.

 

 

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As discussion mounts about another pandemic wave this summer, the Cambridge Chamber of Commerce is prepared to do what it can to help businesses and their employees remain safe.

 

Since the beginning of April 2021, the Cambridge and Greater Kitchener Waterloo Chambers have been working with Health Canada and the Province on a pilot program to provide free rapid antigen self-screening kits to small and medium-sized businesses throughout Waterloo Region.

 

That program – open to all SMEs not just Chamber Members – continues this summer and as of June more than 1.2 million kits had been distributed to more than 9,100 businesses in our area. This translates into screening kits being provided to approximately 151,000 individuals which in turn aims to help curb transmission of the virus in the community.

 

“We must always be ready. We need to accept the fact there is a ‘new normal’ and that consistency in our environment is not in our favour any longer,” says Cambridge Chamber of Commerce President & CEO Greg Durocher. “We need to ensure our business and ourselves are nimble, prepared, and strategic.”

 

Like many public health agencies in Ontario, through wastewater testing the Region of Waterloo Public Health has detected an increase in positivity rates indicating an increase in COVID-19 activity.

 

In a recent edition of the Waterloo Record, Region of Waterloo Public Health’s Sharon Ord is quoted as saying: “Although the wastewater signal — up to June 25, 2022 — is dominated by Omicron subvariant BA.2.12.1, the BA.4 and BA.5 subvariants are increasing in Waterloo Region.”

 

According to health experts, these subvariants are the most transmissible variants of Omicron and can evade the immune system in previously infected individuals.

 

For this reason, Greg is urging businesses to ensure they are well stocked with screening kits in effort to provide as much protection as possible to their employees and customers.

 

“Don’t dismantle your plexiglass dividers just yet or toss out your hand sanitizer. Ensure you have access to a good supply of masks to keep you, your employees, and your customers safe, which in turn will keep your business safe,” he says. “We are so very close to finding our way out of this so let’s not blow it now. The ‘new normal’ is here to stay. Let’s be prepared, always.”

 

The program was expanded by the Ontario Chamber of Commerce network to Chambers provincewide soon after it launched here.

 

In Waterloo Region, businesses can order kits by visiting chambercheck.ca.

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An apparent cooling down in Canada’s real estate market due to higher inflation does not mean the future isn’t bright, say local experts.

 

In its latest report released June 15, the Canadian Real Estate Association (CREA) indicated that despite national home sales falling 8.6% on a month-over-month basis in May, the number of newly listed properties was up by 4.5%.

 

As well, while many Ontario markets saw a dip in prices from April to May, the average price of a home remains 40% higher than before the COVID-19 crisis and numbers were up in many markets in northern and southern parts of the province, and eastern areas of cottage country.

 

The actual (not seasonally adjusted) national average home price, according CREA, was a little over $711,000 in May, up 3.4% from the same time in 2021. However, the report notes this average is ‘heavily influenced’ by sales in the GTA and Great Vancouver markets.

 

Also, according to BDC in its June Monthly Economic Letter, the slowdown in demand and affordability issues hurting markets are counter-balanced by a growing population and many first-time buyers in the market. These buyers account for nearly half of all home buyers and the growth prospects remain high for this group.

 

 

We reached out to the Cambridge Association of Realtors to get its take on the situation, especially how it pertains to commercial real estate. Thanks to Association President Val Brooks, of Royal LePage Crown Realty Services, and her colleague, Rick Lewis, a registered Commercial Realtor with ReMax Twin City Realty Inc, for their input for this Q&A:

 

 

Q.  The rise of inflation, now at 30-year highs, has sparked a market slowdown for home buyers. Do the same factors come into play for those seeking commercial property?

 

A. Inflation has affected all ‘real estate’ markets in general. Factor in interest rates, economic conditions, government policies and of course market changes. It is true that commercial properties and their market values react to broad economic conditions.  Take gas prices as one example affecting the commercial industry on whole. Business statistical data for Canada shows that we have 1.2 million business in Canada of which 97.9% are small business owners who employ between one to 99 staff members.  Of that, 48,325 Canadian establishments exported goods with a value totaling $471.9 Billion. Gas prices are more likely a concern than the housing market slowdown. With home prices stabilizing, it might be seen as a good indicator for businesses overall as they try to keep and attract new employees.   

 

 

Q. As home prices rose as the COVID crisis began, currently standing at 40% higher than before the pandemic, was there a similar trend for those seeking commercial property?

 

A. The commercial landscape during the COVID-19 crisis in 2020 did slow down as we adapted to pandemic safety concerns and policies handed down by our governments. However, the market adjusted quickly to the supply and demand by the consumers looking for homes, and subsequently, commercial properties. As real estate prices rose quickly in Toronto, so did the demand on our residential and commercial properties; commercially speaking with such keen interest in the areas of warehousing, storage facilities and transportation.  Because we offered quick access to Toronto, Hamilton, and London via our highway access, along with good lease rates and purchase power, the tri-cities were attractive to those businesses dealing with higher cost in the Toronto area. COVID-19 affected the commercial landscape with a pent-up demand and low inventory complicating your ability to satisfy our clients’ needs.    

 

 

Q. What are some of the trends – especially right here in Waterloo Region - have you and your colleagues been seeing? Does it differ compared to other places like Toronto?

 

A. With more opportunity in the single-family housing market one of the main trends was moving out of Toronto for a larger home with land within the Waterloo Region area. More bang for the dollar, which in-turn pushed our pricing upward. Our rural properties became popular with work from home employees, wanting the country living and open spaces away from the congestion of Toronto living.

 

 

Q. Where do you think the market will be a year to five years from now?

 

A. There will be a continued growth in population in our tri-cities. Focus will be shifted to new developments putting greater emphasis on a more employee driven atmosphere and amenity options. Currently, 300,000 square feet is under construction in Guelph. It will help elevate some of the interest, however, this will not be enough to satisfy the current demand, so we see this being an issue for a few years to come. Large to small businesses will be needing more industrial spaces between 2,500, 5,000 & 10,000 square feet.  We are, and have been, an area of choice that will continue to evolve over the next five years with new exciting and innovative ideas in building construction. We will see subleasing becoming more popular as businesses deal with ownership retirement.  The hope is new businesses will come to the forefront that will assume or expand on these retiring trades.  In general, commercial real estate is on a substantial uptick right now. With interest rates still low, employment at all-time high, the economy is rebounding at a fast pace, and occupancies are at an all-time high meaning low available commercial inventory. It’s hard not to remain confident that for the foreseeable future, commercial real estate is going to remain on an upward trajectory here in the tri-cities.

 

 

Q. What advice can you offer at this point to those seeking to buy/sell a home or commercial property?

 

A. Real estate has been a very stable and good investment with a long track record.  We may see a more stabilized market for a few years with home prices keeping pace with the marketplaces. Commercial real estate will have low inventory both for sale and for lease. Land will continue to be valuable with greater importance on environmental ideology and new construction and innovation will be the future of the commercial landscape. Is it time to sell or stay the course? That has always been the million-dollar question that has us all guessing on the future, however bright.

 

For information, visit the Cambridge Association of Realtors

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As travel levels continue to ramp up towards even higher volumes than they were before the world shutdown due to COVID-19, the Region of Waterloo International Airport is ready to handle any surge.

 

“We’re probably in the top-10 of busiest airports in the country as far as movements but we’re also in the top-20 when it comes the number of passengers,” says Chris Wood, General Manager of the Region of Waterloo International Airport, noting he expects the airport will soon see that passenger ranking move up to the 12th to 13th busiest spot.

 

Chris says the airport is expected to welcome at least 500,000 passengers in 2022, which is slightly less than its initial projection due in big part to the arrival of the Omicron variant but expects to see that number double next year.

 

“We should be able to hit those numbers, with everything being equal,” he says, adding the opening of its new 12,000 square-foot domestic arrivals building in April – part of its $35 million Airport Terminal Expansion Project – is a continued sign of the airport’s importance to the economic vitality of the Region.

 

“Every thriving community has a big, bustling airport. Why should we be any different?” says Chris. “You can’t go to a world-class city anywhere without an airport being part of that.”

 

Currently, WestJet and Flair Airlines are providing a bevy of flights from the airport to a variety of destinations including Calgary and Edmonton, AB, Cancun, Mexico, Winnipeg, MB, and Vancouver and Victoria, B.C. In fact, this summer Flair has unveiled several additional destinations including Charlottetown, P.E.I., Deer Lake, N.L. and Montreal, QC, starting in July.

 

“We do expect Sunwing to return in the winter,” says Chris. “We also have an agreement with Pivot Airlines and expect them to arrive later this fall, but we don’t have a firm date yet.”

 

He says Pivot will offer several flights daily to Ottawa and Montreal, providing a key component in building the airport’s business clientele.

 

“We’ve kind of morphed into a low-cost carrier dream airport because we have a very large and affluent population that has been starved of non-stop service for many years, and we also have a very affluent business community,” says Chris. “But we haven’t really catered as much to the business community.”

 

He’s very candid when it comes to the struggles the airport has had trying to attract more business flyers, noting that smaller business owners and entrepreneurs are more cognizant of their finances so utilizing a low-cost carrier makes sense to them.

 

“But if you’re not paying for your own ticket, it’s more difficult to get people to use the services that are currently here,” says Chris, adding frequent flights a day out of Pearson Airport offered by larger carriers like Air Canada are more convenient for many business travellers.

 

Currently, he says at least 80% of travel at the Region of Waterloo International Airport is leisured based adding the split between business and leisure travel was about 50/50 when American Airlines offered nonstop flights to Chicago from 2011 to 2016.

 

“We saw a lot of people going to Chicago and beyond for business. But if the right type of service comes in, I think the business community would definitely use it,” says Chris, adding Pivot Airlines will be a great draw and caters to the business community thanks to its multiple flights daily to various business locations.

 

When it comes to attracting airlines, he says the process is extremely difficult since airlines must be very strategic where they place their inventory.

 

“The airlines get it. They know there is an opportunity here, but they also know there is more of an opportunity at Pearson,” says Chris, adding carriers like Flair that are destination-based and not interested in connections or using a hub and spoke model, can be easier to attract.

 

“But we’re happy to talk to any airline about service and we’ve got the facility now that can handle them,” he says, crediting Waterloo Regional Council for its continued support. “We can ultimately contribute to the bottom line of the Region.”

 

Chris says the ‘gold standard’ for a regionally operated airport in Canada are Kelowna and Abbotsford, B.C., and that Regional of Waterloo International Airport is quickly approaching those levels.

 

“It’s a model we hope to achieve and we’re getting closer,” he says.

 

To learn more, visit Region of Waterloo International Airport.

 

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