Federal Parties Must Put Economic Policies First: Canadian Chamber of Commerce

    OTTAWA, Oct. 9 /CNW Telbec/ - As Canada faces the most serious turmoil
within the global financial system in a generation, the country's largest
business group is urging all the federal parties to make the economy their top
concern. The low priority given to critical economic issues throughout the
first part of the campaign was disturbing, especially in light of growing
economic turbulence.
    The ability of the new government to meet commitments made in their
platform will be compromised by an economy that will show little or no growth
over the next year, constraining government revenues. The affordability of
commitments will need to be re-examined.
    "With the financial crisis and the dramatic slowdown in the world's
economy, our political leaders need to set out clear policies to promote the
success of Canada's job creators - Canadian businesses." says Perrin Beatty,
President and CEO of the Canadian Chamber of Commerce.
    "There is no doubt that we are facing difficult times. The well-being of
every Canadian family depends on both short-term measures to counteract the
threat of a possible recession and wide-ranging structural reforms that can
help our businesses compete in the future. The next government must have a
comprehensive strategy," added Mr. Beatty.
    On September 15, the Canadian Chamber sent the five major party leaders a
questionnaire, asking each party to outline its plans to address key issues
facing Canadian businesses. As of October 9, all but the Conservative Party
had responded.
    The questionnaire, party responses and the platform summaries are
available at www.chamber.ca.

For further information:

For further information: Katie Anderson, Director, Communications,
Office: (613) 238-4000 Ext. 231, Cell: (613) 797-1860, kanderson@chamber.ca

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