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Budget 2017: a missed opportunity to advance chemistry sector investments and innovation

While Budget 2017 reaffirmed the government’s commitment to invest in trade infrastructure and expand trade corridors, the Chemistry Industry Association of Canada (CIAC) was looking for additional support for the sector in terms of tax measures or targeted investments.

“Canada’s chemistry industry stands poised to make $12 billion in new capital investments in 2017, and we had hoped this budget would provide some indication that the Government of Canada would partner with our industry and the provinces to ensure these investments can move forward,” said CIAC President and CEO Bob Masterson. 

A Trump presidency could mean anything but “business as usual’ for Canada’s chemistry industry

Since the stunning results of the U.S. election, I’ve been asked a number of times: “What affect do you think the Trump presidency will have on Canada’s chemistry industry and the broader Canadian economy?” The easy answer, of course is that its too early to tell. And yet, the one thing we can say with […]

Masterson: “More to be done to attract investments in Ontario’s chemistry industry”

North America is experiencing a manufacturing revival. Ontario must participate in this revival. There are prospects for growth and strong performance in the coming years. But, there remains more to be done for Ontario to reap the benefits that come with major new investments. Now is the time for all stakeholders to put their best foot forward so that this opportunity is maximized.

Canada needs more chemistry

Bold leadership is needed to attract and win new investments The flurry of consultations by various departments over the past summer was a clear indication that the Government of Canada is focussing on low carbon, innovative, economic growth. An effective innovation strategy should foster the development of products, services and industries that can best capitalize […]

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