Ottawa Chamber of Commerce and West Ottawa Board of Trade Members approve MOU
Ottawa, July 6, 2018: The members of the Ottawa Chamber of Commerce and the West Ottawa Board of Trade have ratified the Memorandum of Understanding (MOU) to consolidate their operations into a single Chamber for the City of Ottawa. The MOU was signed on May 22, 2018 by Ian Sherman, Chair of the Ottawa Chamber and Mischa Kaplan, Chair of the West Ottawa Board after unanimous approval by their boards of directors.
The West Ottawa Board of Trade and the Ottawa Chamber of Commerce held special general meetings on June 5th and June 6th respectively, where members voted to approve the MOU and authorize the boards of directors to pursue a legal agreement that would merge the associations effective July 1, 2018. At that time a Provisional Board of Directors comprised of current board members will oversee the transfer of the two organizations into the new Ottawa Board of Trade.
“There has never been a better time than now to strengthen the Ottawa business community” said, Ian Sherman, Chair, Board of Directors, Ottawa Chamber of Commerce. “This consolidation reinforces our commitment not only on the leadership role to ensure the ongoing development of a vibrant Ottawa, but also to enhance our service offerings to provide better advancement opportunities for the Ottawa business community.”
“This consolidation marks a historic turning point for Ottawa’s business community. Our city is experiencing a renaissance in terms of economic development, and the merging of these two business associations will allow Ottawa’s business community to play a leading and vital role in this exciting transformation.”
The primary objective of one strong Chamber in Ottawa through the Ottawa Board of Trade is that it will be uniquely positioned to influence and encourage community prosperity through advocacy and economic development; bringing greater value and benefit to its members and potential members; and bolster the voice of business in our community and the region.
For additional information please visit www.OttawaBoT.ca.