CEO Shirley de Silva said the local Chamber worked with the Ontario Chamber, which sent the open letter to Premier Kathleen Wynne on Wednesday. In the letter, the Premier and the government were cautioned that the impact of cap and trade needs to take into account the full impact facing businesses, especially in a time of uncertainty.
“Although businesses generally agree that reducing harmful emissions is the right thing to do, they need help navigating the cap and trade system and its impacts,” said de Silva. “Along with the OCC, we are calling on the Premier to take action.”
The OCC and the Sarnia Lambton Chamber of Commerce have identified several priority actions that would help businesses to better navigate the cap and trade system.
- Prioritizing the allocation of cap and trade revenue for businesses, in addition to other efforts to offset the cost of cap and trade;
- Prioritizing innovation funding to help with the implementation of new technologies;
- Creating greater certainty for the program’s design after 2020; and
- Monitoring and responding to regional impacts.
Wednesday’s letter builds on meetings held with senior government officials, including those attended by members and staff at the Sarnia Lambton Chamber of Commerce. Those meetings have emphasized the need to ensure Ontario’s businesses remain competitive and confident in the face of a changing economy.
Last year, the government was urged by the Ontario Chamber and the Sarnia Lambton Chamber of Commerce to delay implementation of the cap and trade system until 2018.