CANNES, France, Nov. 2, 2011 /CNW/ - Perrin Beatty, President and CEO of
the Canadian Chamber of Commerce, is heading the Canadian delegation to
the G20 Business Summit (B20) in Cannes, France between November 2 and
The Cannes summit represents a critical time in the work of G20 leaders
to take urgent and decisive action to rein in debt, restore business
confidence and refocus attention on their policy commitment to deliver
strong, sustainable and balanced growth. Failure to do so risks
plunging the world back into financial crisis and global recession.
Perrin Beatty, President and CEO of the Canadian Chamber of Commerce
stated: "We cannot afford any more missed opportunities. Yes, some
actions have been taken, but we need to do more. Leaders need a clear
collective plan to work together to take necessary measures to prevent
default of payment, to rein in debt, restore business confidence."
He added: "My message to the G20 and B20 participants is that we need a
continued commitment to resist trade protectionist measures. Open trade
and investment is one of the solutions to this crisis."
The goal of the B20 is to enable leaders and finance ministers to
receive advice from the front lines of global commerce on the important
economic issues at the centre of the G-20 agenda. It also provides an
opportunity to build support amongst the business community for G-20
policy objectives and enable business to play an active role in finding
practical solutions to the global challenges we all face.
The Canadian Chamber of Commerce is the vital connection between
business and the federal government. It helps shape public policy and
decision-making to the benefit of businesses, communities and families
across Canada with a network of over 420 chambers of commerce and
boards of trade, representing 192,000 businesses of all sizes in all
sectors of the economy and in all regions. News and information are
available at www.chamber.ca or follow us on Twitter @CdnChamberofCom.
SOURCE Canadian Chamber of Commerce, The
For further information:
Émilie S. Potvin
Director, Public Affairs & Media Relations