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Industry committee I will let my colleague, Mr. Lavigne, answer this question.
April 22nd, 2021Committee meeting
Philippe Noël
Industry committee Business opportunities in the federal government are really unknown to companies. You hear it a lot about procurement contracts. Even granting criteria should perhaps stimulate innovation more, as well as environmental criteria. This would give our Quebec companies a chance to h
April 22nd, 2021Committee meeting
Philippe Noël
Industry committee This is a very good point. In fact, we feel that many businesses could benefit from international markets, but are missing out on opportunities because of the regulatory and legislative complexity surrounding the rules of free trade agreements. That's an important fact. We expec
April 22nd, 2021Committee meeting
Philippe Noël
Industry committee I will let my colleague, Mr. Lavigne, answer this question.
April 22nd, 2021Committee meeting
Philippe Noël
Industry committee That's right. I was going to say that it's in place until 25 September, which is a semi-win. We were happy that there was at least some indication of that. Originally, we were asking that it be offered until 2022 so that this predictability could help them. The new Canada Recove
April 22nd, 2021Committee meeting
Philippe Noël
Industry committee This is exactly what we are asking for. We are experiencing crisis measures. I notice that our time is up.
April 22nd, 2021Committee meeting
Philippe Noël
Industry committee Thank you for your kind words about our organization. Obviously, we are in touch with many businesses from various sectors, including tourism and agriculture, and big corporations as well. The current crisis and its impact on revenues have required state intervention to help bus
April 22nd, 2021Committee meeting
Philippe Noël
Industry committee I have to tell you that, in general, we've received a lot of positive feedback about the wage subsidy. That is one of the reasons why we asked that it be extended until 2022.
April 22nd, 2021Committee meeting
Philippe Noël
Industry committee I think it could have provided more, but overall, we were happy with Monday's budget.
April 22nd, 2021Committee meeting
Philippe Noël
Industry committee This rule which is currently in force certainly harms business succession. In Quebec, 32% of SME owners got their start by buying an existing business, compared to 25% for Canada overall. Twenty-three per cent of current business owners in Quebec are intending to sell their busin
April 22nd, 2021Committee meeting
Philippe Noël
Industry committee There will be benefits for the new generation of entrepreneurs, and I will ask my colleague, Mathieu, to answer the question as well. There will be positive outcomes the day when there is no more unfairness, the day when the measures put in place by the Government of Quebec are m
April 22nd, 2021Committee meeting
Philippe Noël
Industry committee No, apart from saying that the changes must be made as quickly as possible. Business succession provides for better internal human resource management. Given current labour shortages, you have to send positive signals and help businesses by having the least amount of restrictions
April 22nd, 2021Committee meeting
Philippe Noël
Industry committee Of course.
April 22nd, 2021Committee meeting
Philippe Noël
Industry committee I should also remind you that the Standing Senate Committee on National Finance recommended in its report that the changes made to private corporation taxation be revoked in their entirety. Facilitating and increasing SMEs' access to federal government contracts could significan
April 22nd, 2021Committee meeting
Philippe Noël
Industry committee Good day to you. I am Philippe Noël, Senior Director of Public and Economic Affairs with the Fédération des chambres de commerce du Québec. With me is my colleague, Mathieu, a Senior Consultant with Public and Economic Affairs. The FCCQ represents 132 chambers of commerce, 1,100
April 22nd, 2021Committee meeting
Philippe Noël