We Help Build Canadian Businesses
Effective Policy & Advocacy
We influence government decisions and policies to help get your products to new markets and to attract the talent and capital your business needs to thrive. We also influence international policies and standards that help, not hinder, Canadian businesses.
We connect you to information you can use, opportunities for growth and to a network of local chambers, businesses, decision-makers and peers from across the country as well as internationally.
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Jun 10, 2021
The coming revenue-to-debt tipping point for businesses: Canadian Chamber raises alarm on potential for wave of closures after COVID is beaten
“Businesses in customer facing sectors that have made it to today, so close to reopening and herd immunity, face two grim realities: lower revenues for up to two years and an inability to take on more debt. We are very worried about a wave of business closures through 2022 as they face a tipping point of continued revenue loss and maximum indebtedness. The situation is untenable with the current one-size-fits-all approach to government support programs,” said Perrin Beatty, President and CEO, Canadian Chamber of Commerce.