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Oct 21, 2014 at 06:16 AM


Welcome to my online office. I have set up this website to give you a chance
to interact with me directly and to learn a little bit more about my work to
Stand Up for St. Catharines in Ottawa. I hope you will take the time to read
my blog, check out the community calendar and look at the services available
through my Community Office. Most of all, I hope you will take the time to
communicate your ideas and concerns by commenting on my blog, voting for the
online polls or sending me an e-mail. This website is here for you, so
please share your thoughts and ideas.

I look forward to hearing from you.

Rick Dykstra

Parliamentary Secretary to the Minister of Canadian Heritage

 
 

World Economic Forum Rates Canada’s Banking System World’s Soundest for Seventh Year in a Row
Sep 03, 2014 at 02:11 PM

Finance Minister Joe Oliver today welcomed the World Economic Forum rating of Canada’s banking system as the soundest in the world for the seventh year in a row in its annual Global Competitiveness Report—further bolstering Canada’s international economic success story.

Quick Facts

  • The Canadian economy has posted one of the strongest job creation records in the Group of Seven (G-7) over the recovery, with more than 1.1 million jobs created since July 2009.
  • Real gross domestic product is significantly above pre-recession levels—the best performance in the G-7.
  • Both the International Monetary Fund and the Organisation for Economic Co-operation and Development expect Canada to be among the strongest growing economies in the G-7 over this year and next.
  • According to KPMG, total business tax costs in Canada are the lowest in the G-7 and 46% lower than those in the United States.
  • In 2013, Canada leapt from sixth to second place in Bloomberg’s ranking of the most attractive destinations for business.
  • Four credit rating agencies—Moody’s Investors Service, Fitch Ratings, Standard & Poor’s and DBRS—have reaffirmed their top ratings for Canada.

Department of Finance Canada

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Canada and U.S. release the Canada-United States Regulatory Cooperation Council Joint Forward Plan
Aug 29, 2014 at 02:10 PM

Introduction

Today, the Canada-United States Regulatory Cooperation Council (RCC) Joint Forward Plan was released. The plan sets the stage for fundamental changes in the way regulatory departments and agencies in both countries work together, making it easier for businesses to operate in both countries.

The Joint Forward Plan, which builds on the RCC Joint Action Plan launched in December 2011 by Prime Minister Harper and President Obama, will deepen Canada-U.S. regulatory cooperation through new bi-national processes and partnerships. This approach will institutionalize joint planning and collaboration between Canadian and U.S. regulatory agencies.

The Joint Forward Plan also includes specific commitments to align 24 areas of regulatory business.  Work will continue in areas such as marine safety and security, pharmaceuticals, food safety, plant and animal health, and crop protection products. The RCC Forward Plan also expands work into new areas such as energy efficiency, toy safety, medical devices, chemicals management, and the use of natural gas in transportation.

The Joint Forward Plan will help regulators address a greater number of specific issues and make the broad changes necessary to prevent misalignments from happening in the future.
Following the launch of the Plan, Canadian and U.S. regulatory departments will establish formal partnerships as well as annual work plans and joint planning processes for each of the initial 24 areas of business. Going forward, the planning process will also open the door for discussion on other areas of regulatory cooperation that could be initiated. 

Quick Facts

  • The new RCC Joint Forward Plan enhances the work initiated in the 2011 RCC Joint Action Plan by moving from a focus on individual initiatives toward the development of more ambitious regulatory partnerships. The goal of these new partnerships is to have bilateral regulatory cooperation across a broad range of issues, entrenched within the regular planning and operational activities of regulatory agencies in both countries.
  • From August 31 to November 8, 2013, the RCC invited public input on the next phase of Canada-U.S. regulatory cooperation. Submissions were received from 160 stakeholders from a wide range of sectors and regions in Canada and the United States. These informed the three key components of the Joint Forward Plan’s future work: departmental-level bi-national processes to strengthen regulatory partnership; department-to-department commitments and work plans; and work on cross-cutting issues.
  • Canada and the United States enjoy one of the closest and largest trading relationships in the world. Bilateral trade in goods and services surpassed $781 billion in 2013, with more than $2.1 billion worth of goods and services crossing the border daily – or almost $1.5 million traded every minute.

“Input from industry will continue to play a critical role as regulators on both sides of the border set priorities and focus work in areas that will generate the greatest benefit for business and consumers.” – Prime Minister Stephen Harper

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Last Updated ( Aug 29, 2014 at 02:11 PM )
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August 2014 Newsletter
Sep 02, 2014 at 09:57 AM

If you would like to be placed on the list to receive notices of newsletters by e-mail, please call our office at 905-934-6767 or e-mail your request to .

In this month's newsletter: Hockey Night in St. Catharines Raises $182,200 for Charity, Fairness at the Pumps, Supporting Students, Creating Canadian Jobs.

[Click here to download August 2014 Newsletter]

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