June 19th 2015
Whitehorse Chamber E-Bulletin “The Voice Of Business”
CIBC President and CEO Victor Dodig addressing the crowd at the Whitehorse Chamber of Commerce AGM and Luncheon on June 18th
In This Week’s Edition for June 19th 2015..... 1. Whitehorse Chamber of Commerce AGM Wrap-up 2. Continuing Care Facility - Business to Business Networking Session - Monday June 22nd 3. CCC - What is Happening In China? 4. Yukon Chamber of Mines Update 5. TIA Yukon Update 6. Cass Professional Business Services 7. Canadian Food Inspection Agency - Safe Food For Canadians Act 8. Focus Canada Japan & Showcase Canada Asia, Oct. 2015 9. City Of Whitehorse Update 10. Pathways To Wellness
The Whitehorse Chamber of Commerce celebrated its 67th Annual General Meeting on Thursday June 18th. A big thank you to CIBC and it’s President and CEO Victor Dodig for helping the WCC do so in style!
Annual Report
Whitehorse Chamber of Commerce Board of Directors 2015-2016 Chair: Lesley Cabott - Lesley Cabott Consulting
Director: Pat Tobler - EDI Environmental Dynamics
1st Vice Chair: Justin Munro - Earls
Director: Sonny Gray - Sirius Security
2nd Vice Chair: Stan Thompson - Northwestel
Director: Dan Scarffe - CIBC
Treasurer: Mike Pemberton - Erik’s AVU
Director: Carmen Magro - Klondike Travel
Secretary: Donna Moore - Dana Naye Ventures
Director: Brent Slobodin - Saamis Managment Director: Lorraine Stick - Climate Clothing
INVITATION TO BUSINESS TO BUSINESS NETWORKING SESSION – June 22, 2015 The Government of Yukon, Partnerships BC, the Whitehorse Chamber of Commerce and the Yukon Contractors Association are pleased to invite local contractors and suppliers to a Business to Business Networking Session (B2B session) for the Whistle Bend Continuing Care Project(the Project). The B2B session is an opportunity for local businesses and suppliers to interact with and promote their companies and services to each of the three proponent teams that have been shortlisted to design and build the Project. The Government of Yukon expects to award a Design-Build contract to one of the three proponent teams by December, 2015. Please see event details below: Date: Monday, June 22, 2015 Time: 4:00PM – 6:30PM Location: Coast High Country Inn – Room B, 4051 4th Ave., Whitehorse, YT, Y1A 1H1 In order to guarantee local contractors and suppliers equal time with each proponent team, the B2B Networking Session will be a “speed-meeting” format. You will have exactly three minutes to promote your companies, services and experience to the each proponent team. You must register to attend this event. Please register by email to business@whitehorsechamber.ca with “Business to Business Networking Session” in the subject field. In the body of your email, please include the following information: Business name Business sector Business address Names and positions of up to two business representatives Business contact phone numbers Business email addresses Please note that to facilitate future interactions between businesses and proponent teams, the registration information you provide will be provided to the three proponent teams following the event. Once you have registered, you will receive a Registration Package which includes the: Rules of Engagement Tips and Tools Registration will close on Friday, June 19 at 11:00 A.M. For more information about the Project, please visit
5 Minutes for Business
Commodity Wildcard: What Is Happening in China? June 17, 2015
The Chinese government is well aware of the risk and has taken action. The Central Bank has lowered interest rates three times and it has twice reduced the
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Hendrik Brakel Senior Director, Economic, Financial & Tax Policy 613.238.4000 (284) | hbrakel@chamber.ca
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The big question is China’s real estate. Property prices in 70 Chinese cities have fallen for more than a year, and 60 million empty apartments await buyers.
Demand Growth for Oil 18% 16% 14% 12% 10% 8% 6% 4% 2% 0% 2004
Why all this guessing? China’s growth numbers are always suspiciously consistent and always within 0.2% of the government forecast. Moreover, skeptical analysts see hard data, such as industrial production, energy consumption and construction, which are much weaker than GDP, and are using it to create their own estimates of what is going on. But it’s not just the data that is worrying.
What does it all mean for commodity prices? The following graph shows China’s demand growth for oil, which has been massively volatile, oscillating from 16% growth to 2%. And that was during times of smooth sailing. We believe commodity prices should improve in 2015, but producers should brace themselves for more volatility as the world’s biggest consumer of natural resources has a bumpy road ahead.
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China’s economic growth is definitely slowing, but the real concern is that official estimates of China’s GDP growth are overestimated. Economists are scratching their heads and coming up with widely varying estimates: China GDP Growth in Q1 2015 Source Estimate China’s Official Govt. Statistics Bureau 7.0% Citibank 6.0% Capital Economics 4.9% Conference Board China Centre 4.0% Lombard Street Research 3.8%
The challenge is that China is trying to shift the focus of its economy away from exports towards domestic growth, all while gently deflating a housing bubble. China has lots of resources, $4 trillion of reserves and its tight control of the banking sector gives it policy levers that other governments could only dream of. The Chinese government can intervene to stimulate demand, but China’s economy will grow a slower pace.
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Last year, China consumed more coal than the rest of the world combined and imported 70% of the world’s seaborne iron ore. In 2012, China accounted for half of the global growth in oil demand. It’s a commodity behemoth and the recent slow-down in the Chinese economy is a big reason for weakness in prices for this sector. Should we be worried?
amount of reserves that banks must hold, while easing mortgage rules. Still, new construction starts have fallen 16% in the first five months of 2015, a significant hit to the economy.
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When someone asks where commodity prices are headed, they’re really asking: what’s the outlook for China?
Upcoming Events June 22-23 - Decoding the Activist Workshop with Resourceworks - Calgary, AB July 17 - Go Klondike Legacy Day - Seattle, WA July 19-21 - Energy & Mines Ministers Conference - Halifax, NS August 31- Sept 3 - Northern Latitudes Mining Reclamation Conference - Juneau, Alaska. More info at https://goo.gl/rqUuZ4 October 24-31 - OttawaU Short Course: The Geochemistry of Hydrothermal Ore Deposits - Ottawa, ON. More info at: http:// science.uottawa.ca/earth/short_course November 14-18 - Yukon Geoscience Forum and Trade Show For more information on any of these upcoming events please email: office.manager@yukonminers.ca or phone 667-2090.
YCM Appoints New Board Member YCM is delighted to announce the appointment of Brian MacDonald to its Board of Directors. Brian has been practicing law since 1999 in Whitehorse, and is a member of the Champagne and Aishihik First Nations. He is the Chair of Dakwakada Capital Investments and the President of the Yukon First Nations Chamber of Commerce. Click here for the associated news release. Please join us in welcoming Brian!Â
Tourism Co-operative Marketing Fund (TCMF) - Apply Today Funded by Tourism Yukon, the TCMF assists tourism businesses, First Nations Governments, municipalities and organizations market their Yukon tourism product. Funding is available to market and export ready groups. TCMF applications must be submitted before the trade show or sales call occurs. You are encouraged to submit applications for ALL trade shows, sales calls and sales missions for the 2015/16 year today. Funding is limited, and is approved on a first-come, first serve basis. Please click here for more information on the Tourism Co-operative Marketing Fund. TIAY is Seeking Members for the Tourism Marketing Committee (TMC) TIA Yukon is seeking tourism industry stakeholders or senior tourism industry professionals with extensive tourism marketing experience to join the Tourism Marketing Committee (TMC). Appointed by the Tourism Industry Association of the Yukon Board of Directors, this volunteer committee meets approximately three times a year, and is comprised of up to 12 industry representatives recognized for their tourism marketing expertise by their industry peers. The Tourism Marketing Committee is responsible for making strategic recommendations relating to tourism marketing strategies and tactical plans, product development, research and budgets to the Department of Tourism & Culture on behalf of the Yukon’s tourism industry. Trails Only Yukon Association (TOYA) Seeking Input Regarding Off Road Vehicle Use TOYA would like your input regarding the Yukon Government's ORV (ATV) regulation consultation process. TOYA requests that stakeholders assist them in responding to the YG document by participating in a short TOYA questionnaire. To learn more, and to complete the questionnaire, please visit their web site: http://www.trailsonly.ca/
Cass Professional Business Services
Cass Professional Business Services (a member of the Brampton Board of Trade) is dedicated to providing the most excellent service at affordable cost to business owners like you. Accounting and Bookkeeping Services for Northerners at Southern Ontario Rates We will take care of all your: Accounts receivable and payable Bank reconciliation and related monthly journal adjustments Payroll, EHT, WSIB, HST and remittances, Month end and year-end closing with all supporting schedules Corporate and personal taxes We ensure your compliance with Canada Revenue Agency and all other regulatory bodies. Give us a call today or send us an email today. These are just some of the benefits of using a professional bookkeeper Gives owner/manager more time to focus on growing the business Reaps the benefits of professional bookkeeping without the cost of fulltime employees Invoices prepared and sent out on a timely basis. Current knowledge of Canadian Tax Laws applicable to your business We are affiliated with the following firms:
Alvin Lee, CPA, CGA Fast Track Accounting Email: c-alvin@rogers.com
Andrew Smith, CPA, CA AWFS Consulting Inc
Email: info@awfsconsulting.com
Telephone (416) 705-7843: Email: leonard@cassbusinessservices.ca: www.cassbusinessservices.ca
Are you a small business in the food industry? If so, we want to hear from you! Once in force, the Safe Food for Canadians Act will strengthen food safety rules. This new law will focus on prevention and your ability to quickly respond to food safety issues when they arise. The Canadian Food Inspection Agency (CFIA) is holding a targeted consultation to better understand your food safety challenges and to seek feedback on options that could reduce burdens on your business.
Key food safety elements To improve the approach to food safety in Canada, we’re considering enhancements based on three key features of international food safety systems:
1. Identifying food businesses — to know who is involved in preparing and importing food and what they are producing or bringing into the country, and communicate directly with these businesses to share important information.
2. Tracing a food product’s path one step forward and one step back — to reduce the time it takes to remove unsafe products from the market.
3. Implementing preventive food safety controls — to make sure all businesses that prepare or import food understand and control the potential hazards associated with their products and processes.
Get involved For the purpose of this consultation, small businesses are defined as those that generate $100,000 or less per year in gross sales of food. If you’re a small business in the food industry, go to inspection.gc.ca/safefood to: ü Learn more about what these proposed changes mean for your business. ü Complete the online questionnaire on options for reducing the burden on small businesses. ü Register for a webinar. ü Register to attend one of our face-to-face sessions in a city near you. Don’t miss out. Have your say before June 30, 2015!
Registra)on now open for CTC Asia marketplace events: Focus Canada Japan & Showcase Canada Asia, Oct. 2015 Registra)on is now open for the Canadian Tourism Commission’s two fall Asian marketplace shows, Focus Canada Japan and Showcase Canada Asia, to be held in Japan and China this October. Trade-‐ready Yukon tourism businesses are invited to consider aKending. Please don’t delay in reviewing as par<cipa<on slots are limited. Delegates who wish to par)cipate must register on their own; please see the websites below for more detailed informa)on. These events are annual tourism marketplaces that highlight Canadian des)na)ons in a proven format of pre-‐scheduled appointments and networking events, similar to the CTC’s Rendezvous Canada event held each May. Tourism Yukon plans to aGend both of these events, to promote Yukon as a tourism des)na)on and to describe the array of tourism experiences available to Yukon visitors. Focus Canada Japan October 16-‐17, 2016 Osaka, Japan Invites tour operators from Japan only hHp://www.focus-‐canada.jp/about/ Showcase Canada Asia October 19-‐23rd, 2015 Shenyang, Liaoning, China Invites tour operators from Mainland China, Taiwan, Hong Kong, South Korea, and Southeast Asia (Malaysia, Philippines, Singapore, Thailand, Indonesia hGp://ctc.teameventmanagement.com/asia/ If you would like to discuss your par)cipa)on, please contact Jessica Ruffen, Market Manager, Asia Pacific, Yukon Tourism & Culture, atJessica.ruffen@gov.yk.ca or 867-‐667-‐3606. Marketplace registra)on and travel costs may be eligible for funding assistance. See hGp://www.tc.gov.yk.ca/ tcmf_shows_faq.html
June 19, 2015
City Hall Extended Service Hours Property Taxes are due July 2. City Hall will be open from 8 am to 5 pm on the following dates: June 25, 26, 29, 30 and July 2. We will be closed for Canada Day. Get more information at whitehorse.ca/tax.
Construction Notice An intersection upgrade is taking place at Hamilton Blvd and McIntyre Drive. Eastbound drivers, please exercise caution, reduce speed and obey traffic controllers and construction signage. Learn more at whitehorse.ca/construction.
Next City Council Meeting The next Standing Committee Meeting is June 22 at 5:30pm in City Hall Council Chambers. View whitehorse.ca/agendas for Council and whitehorse.ca/CASM for CASM meetings.
Yukon River Quest The City is a proud silver sponsor of this race taking place June 24 to 28. Learn more at yukonriverquest.com.
Bicycle Bylaw Requirements Ride safe this summer! Please wear a helmet, stay on the roadway or bike lane, yield to pedestrians and signal before passing. View more information at whitehorse.ca/bicycles.
Adaka Cultural Festival The City is a proud program funder of this event happening on the waterfront between June 26 and July 2. For full details, visit adakafestival.ca.
Ushiku Japan Sister City Exchange Program
Host a Japanese exchange student this summer for the 30th anniversary of this exciting program. Learn more at whitehorse.ca/ushiku.
Current Procurement Opportunities Businesses are reminded to view our current invitations to tender as well as updated procurement information at whitehorse.ca/procurement.
whitehorse.ca
Pathways to Wellness e-Tips conversation • connection • commitment
Happiness, skill and effort
Contact Info: Contact us at www.yukonwellness.ca/ contactus.php
Our Location 201 - #1 Hospital Road, Whitehorse, Yukon
Setting goals and accomplishing them is the final element of the PERMA framework for a flourishing life. Setting goals keeps us oriented to the future and moving forward. Goals can be big or small, the accomplishments momentous (like running a marathon) or unremarkable (like playing a new game), or anything in between. Accomplishment is mainly about skill and effort, both of which can be learned. Of course "natural" talent may contribute to some accomplishments, but it's only a starting point. Success is as much about effort, practice, persistence, and passion as it is about talent and brains. If you are looking to make a change, here are some tips for success: • • • • • • • •
Develop SMART goals -- specific, measurable, achievable, relevant, and time-sensitive. Start small by breaking the goal into small steps or habits. Expect and prepare for failure -- anticipate challenging situations and plan your response in advance. Arrange your world to make it easier to do the new behaviour (e.g. keep a pair of comfortable shoes at work for lunch-time walks) Enlist the support and assistance of friends and family. Track your progress. Celebrate small successes. Be open to revising and revamping your plan.
For more information on the PERMA pillars, visit the Pathways to Wellness website.
Mail: Pathways to Wellness, H-1 Health and Social Services Yukon Government Box 2703, Whitehorse, Yukon Y1A 2C6 E-mail: yukonwellness@gov.yk.ca Jan: 867-667-3674