Nov.10, 2016
Whitehorse Chamber E-Bulletin “The Voice Of Business”
In This Week’s Edition for Nov.10th, 2016..... 1. Business After Hours / Remembrance Day Ceremony 2. Canadian Chamber of Commerce - United States of Shock 3. Yukon Chamber of Mines - Geoscience and AGM 4. Canadian Payroll Association - Upcoming Seminar 5. White Pass Building Holiday Open House 6. Chamber Of Commerce Group Insurance 7. City Of Whitehorse Update 8. Pathways To Wellness
Upcoming Business After Hours November 24th: BAH Humbug Festival of Trees sponsored by Northwestel and Capstone Mining. Where: Yukon Legislature When: 5-7pm
December 8th: Air North Christmas Party Where: Air North Hangar When: 5-7pm
5 Minutes for Business United States of Shock
November 9, 2016
Wow! Everyone got it wrong—pollsters, analysts, pundits—we’ve all been underestimating Mr. Trump’s appeal from the first day he announced his candidacy, our worst forecasting error since Brexit. Actually, it’s much worse. So what comes next? And what does it mean for Canadian business? The big issue is what drove Mr. Trump’s victory, most importantly the surprising success among whites without college degrees. Here, education is serving as a proxy for a whole variety of factors. Collegeeducated people are concentrated in the big cities, with higher paying jobs that benefit from trade and globalization. Non-college educated people tend to reside in rural areas, where employment remains depressed. We’re seeing an urban-rural divide between the parts of the country that are succeeding in the 21st century economy and those that are not. And a wave of rural anger has brought about the first Republican President who is opposed to trade. This has big consequences for Canada. One of the most important jobs of the Canadian Prime Minister is to maintain a strong relationship with the President of the United States. Even if they can’t stand each other and (especially) are on opposite ends of the political spectrum, they still have to get work collaboratively. It will be fascinating to see how Prime Minister Trudeau manages this. In the past, Canadians have punished PMs for appearing too chummy with the American President, and Mr. Trudeau’s base will be loath to see any hint of a bromance with Mr. Trump. For Canadian diplomats and businesses, our job is clear. We have to make a muscular case for trade to prove that NAFTA is in America’s interest. Since it came into effect, U.S. exports of goods to Canada are up 179% and services are up a staggering 237%. In 2015, Canada bought $48 billion of vehicles and $43
billion of machinery from the U.S., much of it manufactured in states like Michigan and Ohio where the industrial heartland voted for Mr. Trump. Unemployed Canadians can’t buy as many cars. The government will also have to rethink Canada’s trade strategy in Asia. The Trans-Pacific Partnership is now dead and buried, but we may have an opportunity to work on a bilateral deal with Japan. On the environment, it’s difficult to proceed with a global agenda on climate change if the world’s largest economy is absent. (Mr. Trump promised to pull the U.S. out of the Paris Climate deal and rescind President Obama’s regulations on CO2 emissions). However, green policy innovation will continue at the state level in states like California, Vermont, and Massachusetts. On the overall economy, some economists have warned of trade war and global recession, but these scenarios depend on a whole series of assumptions: to what extent Mr. Trump will actually proceed with the anti-trade rhetoric, whether he can enact the necessary legislation, what he can negotiate and the response of other countries. The point is that there are many steps before we get to global trade war. The republican Senate and House will certainly pass some tax cuts and will agree to his plan to spend on infrastructure, which will have some stimulative effect, but a big increase in deficits could be inflationary. It’s too early to tell. Overall, we’re optimistic about the resilience of the U.S. economy and we’re hopeful about the American system of checks and balances.
For more information, please contact: Hendrik Brakel Senior Director, Economic, Financial & Tax Policy 613.238.4000 (284) | hbrakel@chamber.ca
www.yukongeoscience.ca
Annual General Meeting The Yukon Chamber of Mines AGM will be held on Tuesday, November 22nd . Tickets are available at www.yukongeoscience.ca.
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November 10, 2016
Remembrance Day Services and Hours Transit will run as normal on Friday November 11, as well as provide a shuttle from Takhini Arena to the Canada Games Centre between 8:15 am and 1 pm for the Ceremony. Doors open at 8 am for those with mobility difficulties and 9 am for the general public. The Ceremony begins promptly at 10 am. Overflow parking at Takhini Arena & Dog Trail parking lot (access on Hamilton Blvd). Most other City facilities will be closed. The CGC will re-open for special hours from 1 pm to 8 pm.
Next City Council Meeting The next Regular Council Meeting is November 14, 5:30pm in City Hall Council Chambers. View whitehorse.ca/agendas for Council and whitehorse.ca/CASM for CASM meetings.
2015 Annual Report The Annual Report for the year ended December 31, 2015 is now available online. See it now at whitehorse.ca/annualreport
Frost Protection Your frost protection devices should now be activated. These could include authorized free flowing bleeders, thermostatically controlled bleeders, circulating pumps, electrical impedance heat trace, and aqua flows. Visit whitehorse.ca/waterandwaste
The Point Park Public Meeting Join us to discuss potential design and programming features for the proposed park located in Range Point. The meeting will be held at Yukon College, Room C1440 on Wednesday, November 23 from 4 - 8 pm. Learn more at whitehorse.ca/rangepoint
Canada Games Centre Survey During the fall season we have implemented some changes in the Ducklings Program (formerly Little People). Your feedback is important and we look forward to your responses. Take the survey at whitehorse.ca/cgcnews
Snow and Ice Removal Residential home owners and businesses are reminded to ensure sidewalks bordering their properties are kept clear of ice and snow. View more now at whitehorse.ca/snowandice
Senior Utility Rebate
whitehorse.ca
Seniors aged 65 or over may be eligible for this program which provides a discount from fees paid under the water, sewer and garbage services, up to a maximum of $500 per year. Visit whitehorse.ca/grants and apply before December 31.
Pathways to Wellness e-Tips conversation • connection • commitment
Laugh your way to a happier day Laughter is known to relax your body and reduce stress, but new research is showing it can also boost your happiness – both right away, and in the long-run. Now you have a science-backed excuse to put your funny bone to good use! Willibald Ruch, a bona fide humor scienCst – yes that’s a thing! – found the following “humor intervenCons” improved well-being and even lowered depression in the short-term. Try one of these, for one week and see how it makes you feel: 1.
Three funny things: at the end of each day, write down the 3 funniest things you experienced that day, and describe you felt during each.
2.
Count funny things: As each day progresses, jot down all the funny things that happen, and total it at the end of the day.
3.
Apply humour: NoCce humorous things that happen during a typical day and add new humorous acCviCes (e.g. comedy movie or sitcom, talking with your funniest friend, looking up funny things on the Internet, or reading comics etc.)
4.
Collect funny memories: Recall one of the funniest things you experienced in the past (recent past or distant past) and write the memory down in as much detail as you can.
5.
Resolve stress with humor: Think about a stressful experience from your day. Write about how it was – or could have been – resolved in a humorous way.
Contact Info: Contact us at www.yukonwellness.ca/ contactus.php
Our Location 201 - #1 Hospital Road, Whitehorse, Yukon 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