With a history dating back to 1891 and as the largest bilingual Chamber of Commerce in Atlantic Canada, the Chamber of Commerce for Greater Moncton has an influential and respected voice in the community and province. This foundation places us in an ideal position to effectively advocate for our members and the business environment as a whole. Relying on the breadth and depth of experience and expertise of our extensive network of business and community leaders, we work with all three levels of government, various economic development entities and other partners to ensure that the voice of business is heard at a local, regional and national level.
The Chamber of Commerce for Greater Moncton Board of Directors and Advocacy Committee establish the priority issues the Chamber monitors and speaks out on. Some of the issues we have closely monitored include:
- Shale Gas exploration in New Brunswick
- Population growth and immigration
- Government regulations and reducing red tape
- Public-private partnerships
- State of the provincial economy and reducing taxes on businesses
- Continued economic growth of the Greater Moncton region
- Environmental sustainability initiatives for businesses and the community
We encourage all of our members to become active with the advocacy efforts of the Chamber. Our advocacy efforts are directed by the feedback we receive from our members. We encourage you to submit your advocacy concern through our online portal, by clicking here.
Recently, the Chamber of Commerce for Greater Moncton worked closely on two issues that can have an important impact on businesses of the Greater Moncton region, and the province: the premium rate of Worksafe NB, and the Carbon plan pricing.
Earlier this Fall, WorkSafeNB unveiled its provisional assessment rates for employers for 2019. After two years of significant rate increases on employers, the proposed 2019 rates were dramatic – the average rate per $100 of assessed payroll was likely to grow from $1.70 in 2018 to $2.92 per $100. The average rate was $1.11 in 2016. This proposed rate, would have imposed an increase of 175% in three years to all organizations of New Brunswick.
The Chamber of Commerce for Greater Moncton is part of a coalition of business groups that has developed an advocacy campaign to press for commitments from all provincial parties to take the steps outlined by an independent task force to curb these unsustainable rate increases and protect the integrity of the workers’ compensation system.
On December 12, 2018, the government of New Brunswick announced that the 2019 rate would be reduced to $2.65 per $100 of payroll, instead of the $2.92 proposed last Fall. It is still an increase of 56% compared to the 2018 rate, but the new legislation proposed by the Progressive Conservative should adjust bring forward lower premiums in 2020 and in the future.
Carbon plan: How it will impact New Brunswick
Earlier this year, the Federal Government required every province to submit a carbon plan. In October, we learned that New Brunswick’s plan was not approved, which means that the Federal Government will impose what is known as the Federal Backstop.
All other Atlantic Canadian provinces reached an agreement with the Federal Government, however, because New Brunswick received the Federal Backstop, there are risks the Backstop could disadvantage consumers and businesses in New Brunswick.
To give you more information on the issue of Carbon pricing, the New Brunswick Business Council presented last year, after the Symposium on Carbon Pricing in New Brunswick was held in January 2017, a report on Meeting the Federal Requirement for a Price on Carbon: Which Approach is right for New Brunswick?
As well, here is a series of links if you want to read more on provincial plans, exemptions and the Federal Levy rates.
Federal Levy Rates: https://laws-lois.justice.gc.ca/eng/acts/G-11.55/page-41.html#h-74
PEI Carbon Tax Rates: https://www.princeedwardisland.ca/en/information/finance/carbon-tax-rates
List of exemptions: https://www.princeedwardisland.ca/en/information/finance/carbon-tax-exemptions
NL Carbon Tax Plan: https://www.releases.gov.nl.ca/releases/2018/mae/1023n01.aspx
Nova Scotia Cap and Trade: https://climatechange.novascotia.ca/cap-trade-regulations