The Peterborough Examiner

Where's the discussion about the economy in the election?

- By: Canadian Chamber of Commerce peterborou­ghchamber.ca/federalele­ction-2019

For all of the talk about affordabil­ity this election season, it’s remarkable how little discussion there is amongst party leaders, candidates and the media about the most basic and effective way to create new jobs and wage growth as well as improve Canadians’ overall quality of life. As democratic strategist James Carville famously put it during Bill Clinton’s successful 1992 presidenti­al campaign, “It’s the economy, stupid.” The political parties jockeying for parliament­ary power understand that many voters will cast their ballot based on pocketbook issues. As a result, party leaders have all made a number of promises to put a few dollars here and there back in the pockets of Canadians through various federal government programs, interventi­ons and tax changes. However, none of them have presented a serious plan to grow our economy. Go read all of the election platforms and promises released so far and look for words like competitiv­eness and productivi­ty. Their scarcity is astounding. For business owners, employees and investors, the lack of thoughtful economic policy in this election is disappoint­ing. For all Canadians, it’s insulting that our politician­s believe voters are unable to make a connection between business growth and their own quality of life. In a time of global uncertaint­y and rapid technologi­cal and market changes, this election should be a serious debate about how to tackle the current and future challenges of the Canadian economy. Where are the plans for a bold human capital agenda to ensure Canadians have the right skills, education, training and retraining to ensure businesses can growth and thrive? Where are the proposals for nimble and flexible approaches to regulating new technologi­es that make businesses more productive? Where are the ideas about how Canada can capitalize on the increasing value of intellectu­al property in the digital economy? Where are the strategies to ensure Canada’s natural resource, agricultur­e and agri-food sectors can meet the increasing global demand for Canadian products? Where are the plans to simplify Canada’s complex and inefficien­t tax systems that diminish investment in our country? Helping businesses grow and hire more Canadians isn’t a partisan issue. A stronger economy puts more money in the pockets of Canadians through higher incomes and lower unemployme­nt. A stronger economy means more government revenues to invest in public services, infrastruc­ture projects and environmen­tal protection. A stronger economy makes more Canadians more prosperous. The 200,000 plus businesses we represent, employing millions of Canadians, know this. It’s why we provided a plan for a stronger economy to all political parties through our Vote Prosperity platform. It’s why chambers of commerce across the country are hosting debates and challengin­g candidates in their communitie­s to focus on economic issues. It’s why, no matter the outcome of the election, chambers of commerce will push elected members of parliament to get serious about the economic challenges and opportunit­ies in front of Canada. Election Day is two weeks away. Our political leaders are running out of time to make their pitch to Canadians and they continue to struggle to distinguis­h their plans for the country. It shouldn’t be this hard. It’s still the economy, stupid. The Peterborou­gh Chamber of Commerce and six other businessmi­nded organizati­ons recently hosted a candidates debate on business and the economy. The first question asked in that debate was how would your government view the business community in connection with the wealth and health of our country? The response was an acknowledg­ement of how business is the backbone of the economy. You can listen to the full answer through our Peterborou­gh Chamber YouTube channel. We also asked our federal candidates seven questions based on the Vote Prosperity Platform. Their answers can be found on the Chamber's election hub website at:

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