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Finance committee  Thank you. Good afternoon, Mr. Chair and committee members. I'm very pleased to be here on behalf of the Canadian Chamber of Commerce. I'm so proud and so glad to be here in Canada's Parliament and to see everything back to business after last week's troubling events. I'm honou

October 28th, 2014Committee meeting

Hendrik Brakel

Finance committee  It certainly is a cause for concern, but we don't see it going far below $80. It will go down to about $80.

October 28th, 2014Committee meeting

Hendrik Brakel

Finance committee  Well, it would be great to have more information, because one of the challenges, for example, is that our economic regions are so broad that when we look at unemployment or the skills.... Vancouver Island is huge, obviously, the parts within it, so I think I would be helpful to h

October 28th, 2014Committee meeting

Hendrik Brakel

Finance committee  Yes. We're talking about the most recent changes that happened in June of this year. We would like to take a look at what happens with business and whether they have been able to cope—

October 28th, 2014Committee meeting

Hendrik Brakel

Finance committee  No, I'm not.

October 28th, 2014Committee meeting

Hendrik Brakel

Finance committee  I'm not sure exactly what—

October 28th, 2014Committee meeting

Hendrik Brakel

October 28th, 2014Committee meeting

Hendrik Brakel

Finance committee  I'm certain. We've met with people in the department and I know that they did quite a lot of analysis. They did extensive research.

October 28th, 2014Committee meeting

Hendrik Brakel

Finance committee  We do, absolutely.

October 28th, 2014Committee meeting

Hendrik Brakel

Finance committee  We don't look too closely into forecasting oil. We see generally it's on a downward—

October 28th, 2014Committee meeting

Hendrik Brakel

Finance committee  Absolutely. Business certainly recognizes that it has an important role in providing that training. The challenge is that there are certain areas and certain regions where they've done everything possible. They've tried desperately to recruit people and they're just not finding t

October 28th, 2014Committee meeting

Hendrik Brakel

Finance committee  That's what we're hearing from our members, sir. They tell us that very aggressively

October 28th, 2014Committee meeting

Hendrik Brakel

Finance committee  Absolutely we would support more spending, with borrowing costs for 10 years at 2%.

October 28th, 2014Committee meeting

Hendrik Brakel

Finance committee  Yes, absolutely

October 28th, 2014Committee meeting

Hendrik Brakel

Finance committee  Absolutely. Payroll taxes are the most harmful types of taxes. As Corinne pointed out, it's those for which it doesn't matter how much income you have; it's just a tax on jobs.

October 28th, 2014Committee meeting

Hendrik Brakel