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Industry committee  Once the pandemic unfolded and the initial economic hit was evident, yes, there was concern as we saw valuations decline. That's why we supported the temporary measures—and it's very important that they're temporary—to make sure that the companies aren't taken over by non-commerc

June 18th, 2020Committee meeting

Brian Kingston

Industry committee  Is that better?

June 18th, 2020Committee meeting

Brian Kingston

Industry committee  One of the things that we've witnessed through the pandemic is the importance of a strong manufacturing base. Companies like CAE, General Motors and Linamar pivoted very quickly to produce critical equipment used in the fight against COVID-19. As businesses re-examine their suppl

June 18th, 2020Committee meeting

Brian Kingston

Industry committee  Thank you, Madam Chair and committee members. I very much appreciate your invitation to take part in these consultations on the Investment Canada Act, ICA. The Business Council of Canada represents CEOs of 160 leading Canadian companies, and we're represented across the country

June 18th, 2020Committee meeting

Brian Kingston

International Trade committee  One of the most complicated elements of this agreement is the rules of origin, particularly in the auto sector. There are much more stringent rules, but you also have a labour value content threshold that companies will now have to track throughout their supply chain. This is h

February 18th, 2020Committee meeting

Brian Kingston

International Trade committee  I'm not aware of anything.

February 18th, 2020Committee meeting

Brian Kingston

International Trade committee  I would say that, for most businesses, I'm not concerned. I think the auto sector is a group where that work needs to be done, and I'm not the best person to speak to it, but there's a lot to get done to make sure it's enforced correctly.

February 18th, 2020Committee meeting

Brian Kingston

International Trade committee  Madame Chair, committee members, thank you for the invitation to take part here today in your consultations on Bill C-4. The Business Council of Canada represents the chief executives and entrepreneurs of 150 leading Canadian companies in all sectors and regions of our economy.

February 18th, 2020Committee meeting

Brian Kingston

Finance committee  I think the first area would be on labour standards. I think that's an important area where you have divergence between different labour and certification standards, particularly in some trades. Second, we still do not have a common securities regulator in this country, despite y

February 5th, 2020Committee meeting

Brian Kingston

Finance committee  It's an important recommendation and it's derived not just from the experiences that people receive when they deal with the CRA, which is well documented by that report, but also from what companies face when they have to file their taxes to report income. We think it's high time

February 5th, 2020Committee meeting

Brian Kingston

February 5th, 2020Committee meeting

Brian Kingston

Finance committee  On the regulatory front, there are two things, two specifics I'll highlight. The first one, which has been talked about for many years and we continue to talk about it, is interprovincial trade barriers. According to the IMF, we're talking about a potential 4% GDP boost if we ad

February 5th, 2020Committee meeting

Brian Kingston

Finance committee  Mr. Chair and committee members, thank you for the invitation to be here and to take part in these consultations. The Business Council of Canada represents the chief executives and entrepreneurs of 150 of Canada's leading companies in all sectors and regions of the country. Can

February 5th, 2020Committee meeting

Brian Kingston

International Trade committee  If this agreement is not signed, we definitely expect it will have an impact on investment, first of all, because companies that were planning to invest and use the accelerated measure that was introduced in the fall economic statement won't do so if their number one market is th

June 18th, 2019Committee meeting

Brian Kingston

International Trade committee  You've hit the nail on the head with enforceability. That is the critical issue that the Democrats are worried about. They talk about labour and environment, but it's all about being able to enforce the commitments in the agreement. I've just learned that Mexico has 700,000 col

June 18th, 2019Committee meeting

Brian Kingston