The London Chamber of Commerce is your Voice of Business in London, at Queen’s Park and on Parliament Hill.
Together with a network of over 450 chambers of commerce and boards of trade, we are committed to ensuring business can compete and win in domestic and global markets.
- In 2016, the federal government was pondering taxing employee health benefits. The Chamber network along with other stakeholders launched a successful campaign against the tax.
- In 2015, the London Chamber of Commerce advocated for the government to provide funding or tax incentives for municipalities engaged in Smart City initiatives. In its 2017 budget, the federal government committed to spending $300 million over 11 years to launch a smart cities challenge fund.
- In 2015, the London Chamber also advocated that a fair tax system within the sharing economy. In its 2017 budget, the federal government announced that Uber and other ride sharing services will now have to register and pay GST.
- The advocacy efforts of the chamber network will help small businesses benefit from $2.7 billion in tax savings through 2020 due to the small business tax rate being reduced to 9% from 11%
- The London Chamber has long been an advocate of High Speed Rail (HSR) in Ontario and authored a policy paper to lobby the Government in 2011. Today the Government of Ontario is committed to HSR between London and Toronto and is now in the second phase of the Environmental Assessment.
- WSIB has long been a concern of the London Chamber – in particular, the unfunded liability – which was part of what prompted the Chamber to write a policy paper in 2015. In recent years, this unfunded liability has dropped significantly from a massive $14.2B in 2011 to its current level of $5.6B. In 2017, employers province wide, will see an average decrease in premiums of 5% - the first premium decrease in over 15 years. The only industries that will see rate increases in 2017 will be municipalities and paramedics due to presumptive PTSD legislation.
- The proposed Ontario Registered Pension Plan (ORPP) was a concern amongst many in the business community, especially as many businesses did not feel prepared for the upcoming changes. Advocacy efforts by both the Ontario Chamber of Commerce and the London Chamber of Commerce were instrumental in the Ontario Government’s decision initially to delay the first wave of implementation until 2017 and eventually to relent on the program altogether following the federal government’s commitment to reform the Canada Pension Plan (CPP).
- At the municipal level, the London Chamber of Commerce also advocates for policy that helps the business community. Each year our Government Affairs committee writes both pre-budget and post-budget letter outlining our recommendations and concerns. As a respected voice at City Hall, Chamber representatives have been invited to participate in a number consultations and committees on initiatives such as Shift, Economic Roadmap, the Transportation Advisory Committee and the London Ambassador Award Committee.