The Betty Alcorn Memorial Award has been presented since 1977, for director of the year and is voted on by the board for the director “having best exemplified dedication and diligence during the current year and has laboured untiringly for the good and welfare of the Chamber and community”.
The 2017 Director of the Year chosen by his peers, is Mr. Charles Elliott, Financial Advisor with Edward Jones.
Chair Brad Gavan was happy to present the award to Mr. Elliott and stated “Charles has been an integral part of the Chamber board for over 20 years. He is the current vice-chair and is not one to seek accolades, but you can certainly find him in the trenches getting things done at any event or task he’s involved in. His dedication and hard work to ensuring the community and business community thrive is unwavering.”
Special thank you to Titanium Transportation for hosting tonight’s Business After Hours, all the trade show exhibitors and all the sponsors during this week’s Business Week 2017.
Thanks to the Labour Market Group and Invest North Bay for providing the following InfoGraphics on Small Business in the region. A great highlight during Business Week 2017 – October 16 to 20, 2017
Last week, a shortened work week, after a beautiful Thanksgiving weekend, started out as a good week however, changed quickly as Tuesday progressed. The announcement by Sears Canada to apply for approval to liquidate all its remaining stores and sell assets, confirmed the closure of the North Bay store. Approximately 85-part time workers would be facing an uncertain future as soon as the announcement was made.
The loss of these jobs at any time is in itself, cause for concern but this comes at a time when our local economy has certainly taken more than its fair share of hits. Retail shopping habits have changed considerably over the past two decades and will no doubt continue to change. Any one that remembers the seventies and the proliferation of shopping malls which changed Main Streets everywhere, it is all coming full circle. On line shopping, Power Centres, and niche market specialty stores are taking their toll on the former retail giants.
The comments made by the Northgate Shopping Centre management, in regard to the closure, expressed optimism that redevelopment of this space into multiple stores is an opportunity for them. For those workers that will be out of work due to the closure, that is positive news. The naysayers out there will no doubt have an opinion on this, but we don’t have a choice. Things happen that is out of our control and will continue to.
One thing that we can count on as we move forward is that things are going to continue to evolve and yes, change. And, we are going to have to change and adapt to that ever-changing landscape. Over the past six months since my arrival at the Chamber, I have been fortunate to be able to speak with many of our business community, politicians and citizens regarding our local and district economies. I have heard that the challenges are many but opportunities also go hand in hand with those same challenges.
If our mining sector manufacturers had not adapted to their market realities and sought out global markets from right here in North Bay, they would not be here today and employing a significant segment of our local population. Our local retail sector continues to adapt and change as well, expanding into other regions and seeking out new markets that complement their operations.
As we celebrate “Business Week” at the Chamber this week, thank you to our business community, owners and employees alike, for what you do and what you contribute to our district. For details on events – click HERE.
Peter Chirico is the President and CEO of the North Bay & District Chamber of Commerce.
October is a busy month for the North Bay & District Chamber of Commerce as we ready ourselves for Business Week, which takes place next week from the 16th to the 20th. This is an annual event which promotes and assist’s businesses throughout our area to learn, share, network and socialize with their peers.
The week’s events include workshops with Ontario Export Services on Monday & Tuesday, panel discussion breakfast on Innovation/Tech on Wednesday by the Business Centre Nipissing Parry Sound, Business After Hours-Mini Trade Show at Titanium Transportation on Wednesday afternoon/evening, Facebook for Business 101 in Mattawa on Thursday hosted by The Business Centre Nipissing Parry Sound, and the Bell Evening of Excellence Awards on Thursday night at The Grande Event Centre. Fridays wrap up event will also be hosted by The Business Centre Nipissing Parry Sound in Callander where they will hold an Expo including workshops and networking.
For information on any of these events or workshops, please visit our webpage for details.
This is a week to celebrate businesses and recognize leaders in our area that contribute to our economic success and prosperity for our community. The variety of events that are being held next week are only possible because of the many partnerships and sponsors that continue to work together to promote our business community and the area which we live in. On behalf of all our members at the North Bay & District Chamber of Commerce, thank you to all our partners and members who make this week-long event, a huge success each year.
When we take the time to reflect on some of the hurdles that have been thrown at the business community over the past few months including the proposed Federal Tax reforms and Bill 148, Fair Workplaces, Better Jobs Act, 2017, we are encouraged that businesses are standing up and saying enough is enough. Even when it appears that the light at the end of the tunnel is fading, those business owners and their employees get up each day and go to work to continue and contribute to the success of this area. The resilience and fortitude of those individuals is amazing and we do have to remember that they are the life blood of not only our area, but our Province and Country.
Next week, come out and celebrate with our members, partners and sponsors, the achievements and commitment that our area businesses, have to our community.
Peter Chirico is the President & CEO of the North Bay & District Chamber of Commerce.
Entrepreneurs and Innovators will be pitching their business to angel investors in North Bay.
Date: Wednesday November 1, 2017
Location: The Grande Event Centre, 192 Main Street East, North Bay, ON
5:00 pm – Doors Open
5:45 pm – 6:45 pm – Pitches – Voting for 1st Place Prize
6:45 pm – 7:15 pm – Networking
Register on event brite. Admission is Free. Snacks provided. Cash Bar. All Welcome.
Sponsored by: Northern Ontario Angels www.northernontarioangels.ca
FedNor / BDO / Invest North Bay / Canadore College / Innovation Initiatives Ontario North (IION), North Bay
& District Chamber of Commerce and The Business Centre, Nipissing Parry Sound.
Nipissing MPP Vic Fedeli highlights local concerns with the government’s minimum wage plan in addressing Bill 148 during debate in the Legislature
Monday, October 2, 2017 – One Kids Place Children’s Treatment Centre launched its public awareness campaign that will run from now until the near the end of October.
One Kids Place officials say the Pinwheel Pin-up Campaign is hoping to engage community partners in hopes of supporting the program that has grown immensely since its early beginnings in 2005.
“Get out there and go to those businesses purchase a pinwheel and make sure they show it off with pride in the front windows of businesses.”
Donations will be collected and officials say making a donation and displaying a pinwheel, you are showing your support for the children and youth who receive services from One Kids Place.
(photo by: Chris Dawson, BayToday.ca)
Chambers of Commerce and members from coast to coast to coast have submitted comments to the Federal Finance Consultation Process
North Bay, ON – October 2, 2017 – Today, along with many others across the country, the North Bay & District Chamber of Commerce has submitted comments to the Federal Finance Ministry regarding the short consultation process regarding the proposed changes to the Tax Planning using Private Corporations.
President and CEO, Peter Chirico stated “these are unprecidented changes to the current taxation of corporations across Canada, and will have unintended consequences to small businesses that were encouraged to incorporate to ensure reinvestment in business, planning for ups and downs in the economy, and to encourage entrepreneurs to employ others and grow their businesses. Now, the government is stating that these business owners are using loopholes and are not paying their fair share of taxation.”
Businesses in North Bay and district, and right across the country are concerned with these proposed changes and the timing in which the government has provided little to no consultation on such a big issue. The government has stated that they will not extend the consultation period past these past 75 days but there is still time for businesses to contact or write to their local MP on how this will affect their business.
Chirico noted “we take great exception to these hard-working individuals and their families being viewed as paying less than their fair share.” The Canadian economy is made up of 85% to 90% of SMEs; the economic engine of the country. While the government is trying to reach the top 1% that the government feels aren’t providing their fair share of taxes to the economy; they inadvertantly are going to hurt the middle class, business owners and families that provide the majority of employment across the country.
The submission by the North Bay & District Chamber of Commerce can be found at: http://nbdcc.ca/wp-content/uploads/2017/10/Minister-of-FInance-Consultation-submission-final.pdf
Congratulations are in order to long time North Bay & District Chamber of Commerce member, GIN-COR Industries of Mattawa. On Thursday night in Timmins, GIN-COR was awarded “Company of the Year 51+ employee’s category)” at the 31st annual Northern Ontario Business Awards (NOBA’s). This award comes on the heels of a number of great things that have been happening down Hwy 17, in Mattawa.
Since 1978, when the company was created by Robert Corriveau, Phillipe & Louis Gingras primarily as a welding and repair shop, the company has seen many changes since those early days. Fabrication, product sales and service, evolved the company into a trusted name throughout the region and beyond. In 2002 the company was purchased by Robert Corriveau’s nephew, Luc Stang.
Since 2002, Luc Stang has assembled a team that has brought this company to a new level. Acquisitions, partnerships and expansions see a company that has reached well beyond regional or even provincial boundaries. The Company and its affiliates cover North America and provide sales and services to a much diversified customer base. For the past three consecutive years, GIN-COR Industries has been named to the Profit 500 fastest growing Canadian Companies, improving its rankings each year…and all this is happening in the Town of Mattawa.
To be recognized by your peers for outstanding success, is no doubt an honour for the company and its employees and make no mistake about it, Stang credits the company successes, to his entire team. Speaking on behalf of Stang at the NOBA Awards dinner, CFO Renzo Silveri credited the continued success to the team for their hard work and determination to follow their President’s philosophy of “not be the biggest, but to be really good at what we do”.
It was interesting to attend the Awards dinner in Timmins and hear the stories of other successful businesses from across Northern Ontario. Whether it be Mattawa, Attawapiskat, Thunder Bay and all parts in between, the common threads between these entrepreneurs was very clear. Hard work, determination, innovation along with a bit of luck thrown into the mix and you will be successful in Northern Ontario. Every business that received an award last week, attributed their success to their teams and told all attendees at the NOBA’s, that it was the key.
Also, in so far as team work goes, Marla Tremblay of Markey Consulting from Sturgeon Falls was also recognized for her company’s work with the City of Temiskaming Shores as Entrepreneurial Community of the Year for 2017. Congratulations to Marla and her team as well. It appears there really is something to working as a team. If these two companies from outside our City can accomplish these accolades and successes, we might all take the lead from them and follow their models. Congratulations to both companies and their entire teams.
Peter Chirico is the President & CEO of the North Bay & District Chamber of Commerce.
Are you a business owner?
If your business is incorporated, then you could be facing a larger tax bill and big compliance costs from the government’s new proposals to change the way corporations are taxed.
Here are three things you need to know about the tax changes proposed by the federal government:
- Do you employ family members? The government wants to scrutinize their compensation to apply a much higher tax rate on income they consider “unreasonable”.
- Do you invest the profits from your business? The federal government is proposing to tax that income at an effective rate of 70%.
- Do you want to pass your business on to your children? Tough new rules make it difficult for younger kids to get the capital gains exemption. They could be double-taxed.
Small and medium-sized businesses (SMEs) are the engine of the Canadian economy – estimates range from 85 to 90% of all businesses in Canada are SMEs.
The chamber network across Canada is using its collective voice on this issue; your voice as a business person needs to be heard as part of this initiative.
Send a message to your MP today. Government needs to know that this tax reform will harm businesses of all sizes.
We have spoken to Anthony recently and he stated he has had calls from businesses. If you wish to call or write with your concerns, do it soon. We even have a template letter you can use: http://nbdcc.ca/…/up…/2017/08/template-letter_August-25.docx
Contact Anthony Rota, MP for Nipissing-Timiskaming
North Bay office:
375 Main Street West, North Bay, ON P1B 2T9
SME Owners put their ♥ and soul in to their business. Families share the risk too. They do not deserve tax grabs. #SMEisMidClass SME owners don’t have paid vacations, pension plans, benefits. If they can’t save for these, why not go work for someone else?