(COQUITLAM) November 10, 2022 — Members of the Tri-Cities Chamber of Commerce and Burnaby Board of Trade met to connect with Terry Beech, Canada's Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance, on the recently released Fall Economic Statement.
Beech discussed Canada's current economic outlook, investments in businesses, and what to expect as we approach Budget 2023. He fielded questions on topics including: national debt level and federal revenue projections, housing affordability, investment tax credit for clean technologies, labour shortages, student and apprentice loans permanently interest free, lowering credit card transaction fees for small businesses, and more.
The Canadian Chamber of Commerce issued a response to the Fall Economic Statement, stating the Chamber welcomes the commitments to fiscal prudence and moving towards a balanced budget, however, there is not yet a clear path from the federal government to restore economic growth.
Since 1971, the Tri-Cities Chamber of Commerce has been the largest business association serving Coquitlam, Port Coquitlam, Port Moody, Anmore, and Belcarra, now representing 1,000+ organizations from every sector. The Chamber works to foster economic development, provide connections and benefits, and influence public policy at all levels of government to ensure strong business and strong communities. The Tri-Cities Chamber is an active member of the BC and Canadian Chambers of Commerce.