trade – Canada India Education Council

International Trade Minister Ed Fast today hosted a Go Global workshop in Brampton, Ontario, to highlight tools available to small and medium-sized enterprises (SMEs) that want to take advantage of new export opportunities in India.

India is a priority market under the Government of Canada’s Global Markets Action Plan. During the workshop’s panel discussions, Minister Fast encouraged companies to leverage the many federal government tools available to support Canadian companies looking to export to India. The Minister also noted that Canada continues to work closely with the government of India’s Prime Minister Narendra Modi to create new opportunities for businesses.

Minister Fast announced that the Invest Canada – Community Initiatives (ICCI) and the Global Opportunities for Associations (GOA) programs are now accepting applications for an additional round of funding. The ICCI program provides support to Canadian communities seeking to improve their capacity to attract, retain and expand foreign direct investment. The GOA program provides funding to national associations in support of new or expanded international business development activities in strategic markets and sectors.

Premier Kathleen Wynne Announces Mission to India

May 28, 2015June 17, 2015CIEC Author

Source: Ontario News Release

Premier Kathleen Wynne will lead a mission to India in early 2016 to foster more opportunities for trade and investment and promote Ontario’s expertise in sustainable development.

A main component of the trip will be a business delegation that will visit New Delhi and Mumbai — India’s governing and economic centres — as well as Hyderabad and Chandigarh. Premier Wynne will meet with government and industry decision-makers to discuss how Ontario’s expertise makes the province an attractive partner as India works toward achieving its sustainable development goals. She will also highlight the province’s position as the North American leader in attracting foreign capital investment. The mission is expected to result in several new agreements that will create jobs and boost the provincial economy.

As part of the trip, Premier Wynne will also meet with cultural leaders to reinforce Ontario’s commitment to fostering stronger ties with India.

Providing more opportunities for Ontario companies to compete internationally is part of the government’s economic plan. The four-part plan is building Ontario up by investing in people’s talents and skills, making the largest investment in public infrastructure in the province’s history, creating a dynamic, innovative environment where business thrives, and building a secure retirement savings plan.

Canada keen on collaborative projects in India

March 23, 2013May 3, 2013Canada India Education Council (CIEC)

Source: The Economic Times

KOLKATA: Canada is keen on investing in joint projects with India especially in tourism, agriculture, IT and education sectors.

At a meeting with a multi-sectoral gathering organised by Indian Chamber of Commerce (ICC) here today, a delegation of Commonwealth Parliamentary Association (CPA), which included some senators and MPs of Canadian Parliament, said the size of trade between the two countries had grown to 5.2 billion dollars last year from 1.75 billion dollars in 2010.

“By 2015, this (trade between the two countries) is expected to touch 15 billion dollars, a target set by the Canadian Prime Minister,” Russel Hiebert, MP, said.

There was immense scope of widening ties in education and agriculture sectors between India and Canada, he said.

The opportunity in education sector lay in the fact that in India 500 million people are under 25 years of age and to cope up with the added demand of quality education it needs another 1,000 universities for which the two countries could collaborate.

There was scope of partnership between the two countries in the agriculture sector as 24 per cent of pulses consumed in India are grown in Canada.

Canada, he said, would like to offer technological collaboration in the area of exploration natural gas for which India has got abundant resources.

Canada’s Minister of State for Tourism in India

March 15, 2013March 15, 2013Canada India Education Council (CIEC)

Source: Connect – Canada In India

Maxime Bernier, Canada’s Minister of State (Small Business and Tourism), led a tourism delegation to India, from February 25-28 to promote Canada as a destination of choice for Indian travellers and highlight Canada’s bilateral relations with India. During his visit, Minister Bernier met with his counterpart, Dr. K. Chiranjeevi, India’s Minister of State, in Delhi, and, attended Focus Canada–India 2013, hosted by the Canadian Tourism Commission, in Jaipur. Minister Bernier also led a discussion on ways India and Canada can work together to facilitate travel and trade between the two countries.

Canada showcases trade and investment opportunities at India’s Vibrant Gujarat

January 21, 2013May 3, 2013Canada India Education Council (CIEC)

Source: High Commission of Canada, New Delhi via Indian Economic Business News

As a partner country, Canada had significant presence at the 2013 Vibrant Gujarat Global Business Summit (VG2013), from January 11 to 13, in Gandhinagar, Gujarat. With precursor events starting on January 8, VG2013 brought together business leaders, investors, corporations, industry experts, policy and opinion makers and over 500 exhibitors with over 40,000 visitors attending from India and more than 100 countries. Highlights of Canada’s presence at VG2013 included: Canada Country seminar on January 11; Canada-Gujarat Trade and Investment Opportunities seminar on January 12; Canada Business Partnering Forum (match-making event); Canada Pavilion with provincial representations at the Trade Show and an Education Pavilion at the Trade Show Delegates also participated in the International Conference for Academic Institutions on January 9 and 10, the Innovation Convention on January 9 and the Technology Convention on January 10.

New trade and investment office to boost Indo-Canadian ties

December 22, 2012January 4, 2013Canada India Education Council (CIEC)

Source: Economic Times via Indian Economic Business News

British Columbia Finance Minister Michael de Jong, who was on a visit to Punjab recently said the opening of a new trade and investment office in Chandigarh will strengthen economic ties between India and Canada.”Trade and Investment office (at Chandigarh) will boost the business prospects (between India and Canada),” Jong said. A new trade and investment office was opened at the Canadian Consul-General in Chandigarh on December 7th. Jong said there is a huge potential for mutual trade in sectors of energy, coal, technology, education, wood products, digital media ability, etc. “Trade must go both ways and both the countries have to go a long way in this regard,” he said. On immigration, Jong said there are some “difficulties” in the matter of immigration even though India is the second largest source of immigration to Canada. “Our biggest challenge in coming years is people. We need people in our economy but we need to have a fair system that encourages movement of people in both the countries,” he said.

Canadian province eyes 10-fold jump in trade

December 22, 2012Canada India Education Council (CIEC)

Source: Economic Times via Indian Economic Business News

Michael De Jong, the Finance Minister of the Canadian province of British Columbia, says he is eyeing a 10-fold jump in trade with India over the next few years. De Jong is betting on companies from India exploring opportunities in sectors such as coal and natural gas while businesses from the Canadian province seeking opportunities in areas such as life sciences, aerospace and agri-food processing. “We did $300 million of trade last year, (but) I see a potential for $3 billion. India has more to offer Canada than shrimp, which I believe registers as one of the top exports. We can do way better. For us, we are blessed with abundant natural resources and we understand that in India there is an insatiable appetite for coal, natural gas and fertilizers. These are areas where both sides can work together,” he said.