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Dear Members & Friends of the Chamber
We hope you had a very Happy New Year and hope you got to spend time with your loved ones over the Winter Break.
In this edition we focus on 2025 outlooks from some of our Charter member banks including articles from: RBC, BMO, TD Bank, Scotiabank and CIBC. As they mention the path forward in 2025 is uncharacteristically uncertain for Canada with ‘policy uncertainty from the incoming US administration, geopolitical schisms, and the looming Canadian federal election. There are new headwinds from lower immigration targets, and old ones from unaffordability and low productivity growth. Multiple risks mean a wide range of economic outcomes will need to be considered amid a challenging backdrop for Canada’ (RBC).
As the global economy appears to be entering a new era of protectionism we know that many companies in the UK including our members are also now grappling with looming tax increases, putting a strain on their financial resources and affecting planned investment and growth as found by the British Chambers of Commerce in their most recent Quarterly Economic Survey Q4.
In challenging times we believe businesses are stronger together, and can achieve more through collaboration and shared commercial and professional experiences. The bilateral relationship between Canada and the UK remains as strong as ever. We have just completed the 2nd edition of our Success Stories series featuring 10 more Canadian & UK organisations that are having a positive impact bilaterally. In the words of H.E. Ralph Goodale, Canada’s High Commissioner to the UK: ‘An extensive list of successes to be highlighted is to be expected in a bilateral economic relationship as impressive as the one our two countries share. The value of that relationship is now estimated at some CAD$480 billion... Organizations across a wide range of industries – such as Babcock International Group (a global defence, aerospace and security company), Lynn & Liana Designs (a family SME producing hand-crafted serve ware), and VIDO (a University of Saskatchewan-based organization that is a world leader in infectious disease research and vaccine development for humans and animals) – have found success by engaging in both the Canadian and British marketplace. Read more here.
So do please talk to us today about how we can help you and help make those introductions that will open up a network of like-minded professionals, helping you gain visibility in our bilateral community, and helping you stay informed about important issues affecting your business. Our 2025-2026 Membership Directory will shortly be circulated to our corporate members including the contact details of 300+ members, many of whom are also benefiting from the online Membership Directory and its search facility and community messaging feature as part of their membership.
Our 2025 networking event programme is evolving as we work with our members and forums planning another year of 50+ on line and in person events. We hope you will be able to join us at our first Networking Event of the year on Thursday 16 January at Tower Suites by Blue Orchid Hotel in London. Sign up here if you can attend: https://www.canada-uk.org/events/evt-000119 We also have an online webinar on Thursday 30 January discussing 'Unlocking Business Potential with AI: Opportunities and Insights for business' with Shirish Chauhan, Director at WSI. Shirish is a highly experienced digital marketing professional with over 25 years’ experience and will be sharing his thoughts and actionable insights on AI in business, digital transformation and, simplifying complex ideas with real-world examples that resonate with business leaders. If you can join us, register here: https://www.canada-uk.org/events/evt-000120.
For more information on the benefits of joining, or to maximise your existing membership in 2025, contact us at: info@canada-uk.org
We wish you all happy networking and do get in touch with any ideas you have for us this new calendar year.
Izzy, Cathrine, Charlie, & Nigel
Canada-UK Chamber of Commerce
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