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  WEEKLY NEWS - AUGUST 2017
August 8, 2017   

SAVE MONEY
ONLY 38  Business Days left to qualify - Early Bird Rates

Did you know our Newsletter distribution
 reaches over 1000 members weekly. Click-Through- Logos in our Chamber's e-newsletter are only $40 a week and offer your business exposure to a wider audience.

Time is your most precious resource. Spend it well.

Your Local Collision Repair Centre. We care.


... providing you with the best service!
Member Benefits

Does your business stand out from the crowd
Upload your enhanced profile information onto your organizations web site and stand out from the crowd in your business categories, in search results and as a community leader. A few of the benefits as follows:
  • Priority placement in your business categories
  • Search results description, logo, and website link
  • Unlimited search keywords, 5 highlights with linked text
  • Large 1600 character description, logo, map link, social networks
  • Up to 15 photos, and link to YouTube videos
  • Clean mobile friendly version of enhanced profiles

 
Your business directory information is search engine optimized, so the better your content, the better your overall internet search results. For further information, call Dianne 780.962-2561 .
We are excited to announce the YIELD Classic Vehicle Raffle.

New Draw Date:
Sept 15, 2017

1 for $50 = $10.00 per vehicle X 5 chances to win a vehicle
2 for $75 = $ 7.50 per vehicle X 10 chances to win a vehicle
3 for $125 = $8.33 per vehicle X 15 chances to win a vehicle

With only 19,000 tickets printed and because of the multiple packs there will only be 11,000 sales.

Tickets available:             
  • Grove RV(Spruce Grove)
  • Grove Collision 
    (Spruce Grove)
  • Refinery Grill
    (103A Ave and Mayfield Road, Edmonton)
YIELD would like to thank all those who have supported us and for your understanding.
Join us
Business@Breakfast
Our Business at Breakfast,
Tuesday mornings from 8-9 am aims to provide the tools and education necessary to succeed in entrepreneurship, economic growth, and competitiveness; our breakfasts focus on business education in our region.  The networking opportunities that come with it are casual yet very powerful.


August 22 -  5 Ways to Build Long Lasting Customer Relationships

August 29 -  "Appy Hour"  Your Business and Your Community App at Shotz Lounge
 
For further information, call Dianne 780.962-2561!
 

Fresh produce, crafts, food trucks, & entertainment!


Columbus Park will be bustling with tents and music - perfect for a Sunday stroll destination. Bring the kids - there will be lots to see and do!!

Proudly presented by Garden Dental & Orthodontics


BUSINESS OWNERS
Are you an Alberta entrepreneur looking for funding, marketing and feedback?

The Spruce Grove & District Chamber of Commerce is hosting a 
Business Luncheon on Wednesday, September 13, 2017 on Crowdfunding. If you are interested in using a crowdfunding platform to give your business ideas more exposure, please attend our Luncheon. Guest speaker,  Stephan Becker, Brand Ambassador and Senior Crowd funding advisor will share critical information on how to successfully Crowd fund.

WHAT IS ATB BOOSTR?
BoostR is ATB Financial's local crowdfunding platform for Alberta entrepreneurs who want to:
* Raise funds and build awareness for their business or enterprising non-profit
* Validate/test a business, product or marketing idea
* Gain exposure and meaningful feedback
* Grow their presence and crowd of customers, fan and supporters

WHAT IS REWARDS-BASED CROWDFUNDING?
An online exchange between an entrepreneur and the crowd (everyday individuals). The entrepreneur raises funds for their business from the crowd (small amounts from a large volume of people). In return, the supporters (i.e. BoostRs) receive a product, service or unique experience from the business.


Event Sponsor

11:30 am -2:00 pm       NETWORKING  * MUSIC * HOT DOGS * ICE CREAM
Grove Cruise
Since 2003, this 3-day family themed event has been coordinated and run by local car enthusiast volunteers. Grove Cruise is funded by local businesses and also supported by the City of Spruce Grove. Their mission is to offer our community a summer festival, based on automobile culture.

Grove Cruise has quickly established itself as one of Spruce Grove's premier family summer events which promises an amazing weekend on August 18 - 20, 2017. Event organizers are encouraging car lovers to come out with their families and enjoy many exciting events the show has to offer. This years' Grove Cruise includes a Poker Run, Show & Shine, Tailgate Swap Meet & Sale, Poker Run, Stereo Competition, and much more!

Grove Cruise 2017 is looking for the following: 
  • Grab Bags for Participants (500)
  • Grab Bags for Children (300)
  • Volunteers
Participants are 80% within our trade area, so this may be a great opportunity for you to showcase your business. There will be fireworks BOTH nights this year, with over 400 vehicles displayed and thousands expected to attend this three day event. More information
NEWS WE ARE FOLLOWING    
Businesses oppose federal tax changes
The Record                                                                        Aug 04, 2017

Over the past few weeks, the federal government has quietly announced some proposed changes to corporation tax policy that have initiated a high level of concern among the national business sector.

Last March, Finance Minister Bill Morneau indicated that he would close many "loopholes" that were allowing wealthy Canadians to avoid paying their fair share of taxes. In mid-July, Finance Canada initiated a consultation on tax planning through private corporations. The initial response has been a huge thumbs-down.

The overall government approach is that business owners are using such corporations to pay less than their share of taxes. For example, some owners "sprinkle" income to family members through salaries to reduce a family tax burden. However, there are already rules in place to prevent unreasonable payments to family members who are not earning them.


5 Minutes for Business
Business Costs and Canadian Competitiveness-We're Not Crying Wolf    Hendrik Brakel      August 3, 2017

Every so often, one of our government contacts will ask a question that goes like this, "Why is the Canadian Chamber complaining about (pick one): the new carbon tax/the CPP premium increase/the deferral of small business tax reductions/the proposal to tax passive income/this new regulation/that increase in fees? It's not a huge cost to business. Why are you making a big deal?"

We politely explain that all of these tax increases come out of the same pocket. If you take one of these tax hikes individually, it may be small, but when you add them all up, we're accumulating a rather large pile of straws on the camel's back. And that's the problem. Canada is an expensive place to do business.... continue reading

Overcoming Canada's trade complacency
There's reason to question whether the Trudeau government is really committed to doing trade differently.

Kevin Carmichael, Policy Options  August 8, 2017

I had the impression that Canada was a player in international trade when I went to work for the Canadian Federation of Agriculture (CFA) in the late 1990s. But that's not what I observed during a short stint with Canada's main farm lobby.

Gone were the days when Canadian negotiators set the global trade agenda alongside its counterparts from the United States, the European Union and Japan. The CFA spent much of its time reacting to an agenda shaped by the push and pull between the US, the EU and some newer power-brokers: Australia, the champion of small, open farming economies, and the emerging markets of China and India.

I don't know that things have changed much since then. We talk about Canada as a "trading nation," yet the only thing that Canadian companies do exceptionally well is sell their excess production to the neighbouring country that speaks the same language, shares its values and happens to be the most voracious consumer on Earth. Others recognize this and take Canada less seriously as a result... continue reading

Alberta Jobs Plan
Through the Alberta Jobs Plan, Alberta is positioning itself to grow and diversify the economy, attract investment and promote economic stability. The Government of Alberta promotes the province as a good place for companies to invest.

The initiatives in the Alberta Jobs Plan also provide communities and businesses with the support they need to increase investment and build a diversified economy, including:

  • The Community and Regional Economic Support (CARES) Program allocates $30 million over 2 years to promote long-term economic growth and prosperity in Alberta's communities and regions. 
  • A 33 per cent cut to the small business tax rate from 3 per cent to 2 per cent, effective January 1, 2017. This tax reduction, worth $175 million, is being provided through carbon levy revenues to help businesses adjust to the new costs of carbon.
  • The Alberta Investor Tax Credit
    offers a 30 per cent tax credit to investors who make equity investments in eligible Alberta businesses that undertake research, development, or commercialization of new technology, new products, or new processes.
  • The Capital Investment Tax Credit is a two-year program that provides a 10 per cent non-refundable tax credit of up to $5 million for a corporation's eligible capital expenditures on manufacturing, processing and tourism infrastructure.
Links:

This year, the Canadian Chamber of Commerce outlined 10 ways to improve economic success, along with specific recommendations to advocate throughout the year.


5. BUILD CANADA'S BRAND

Just as companies have brands that distinguish them in the global marketplace, so do countries. Recent place branding research has indicated that a well-marketed national brand provides a country with a competitive advantage and promotes economic prosperity. Similarly, studies have demonstrated that government support of a national brand is a signifi cant factor for investors when they are deciding where to locate. Canada has a global reputation as a beautiful and friendly nation, yet it does not come close to attracting as many visitors as it should. This shortfall undermines our tourism sector, which makes an important contribution to economic prosperity  .... continue reading
Canada Business Network
Keeping employee records
If you have employees, keeping records on everything from their salaries to their job skills can help you administer your payroll and plan training.
The information you keep on each employee should include:
  • Education and personal data
  • Work history
  • Salary
  • Benefits
  • Job classifications
  • Skills
By making this information available to employees through a secure internal website, you can save time answering questions they may have with respect to their own information. With self-service, your employees can log in and check on a variety of things from how many days of leave they have used to whether your group insurance will pay for their eyeglasses....continue reading
Della Saunders,  Marketing Coordinator
Spr uce Grove Chamber of Commerce 
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