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  • 24 Apr 2021 5:20 PM | Anonymous


    ICCC Weekly Newsletter- 24 April 2021

    B.1.617

    India is amid a devastating second wave of COVID-19 with cases and deaths skyrocketing, and more than a quarter million cases being recorded every day.

    The new variant of the virus that is supposed to be behind the resurgence is called B.1.617. Globally, epidemiologists concur that it is too early to say whether B.1.617 is responsible for the rapid increase in infections, but it is being treated as a possible cause. Following its outbreak in India, health authorities have detected variant B.1.617 in Canada, Germany, Belgium, the United Kingdom, Switzerland, the US, Australia and Singapore.


    According to Kristian Andersen, an infectious disease scientist of California-based Scripps Research Institute, quoted by US-based National Public Radio (NPR), the present situation in India sounds remarkably similar to what happened in Brazil, South Africa and Iran.

    “These countries already had a lot of people infected [in the first wave], and there was a sense that the country had reached some level of herd immunity, but then, over time, as people's immunity waned, more contagious variants came along and sparked another surge.”

    The NPR report states that preliminary evidence suggests that B1.617 is more contagious than previous strains of the virus. B.1.617 is also spreading quickly in India. Over the past few months, it has become the dominant strain in Maharashtra, Nature has reported.

    Read more:

    The Covid-19 variant from India – what we know so far (link)

    People Are Talking About A 'Double Mutant' Variant In India. What Does That Mean? (link)

    What we know about the coronavirus variant contributing to India's surging caseload (link)

    An Appeal for India


    Vijay Thomas

    The Indo-Canada Chamber of Commerce (ICCC) has taken the initiative in Canada to reach out to its stakeholders with an appeal for India.

    India is dire need of

    • Oxygen cylinders with 10 litres and 45 litres LMO capacity
    • Oxygen concentrators
    • Urgent need of Remdisivir – quantities available may also be shared
    • In addition, any offer of Oxygen Generator plants might also be conveyed

    If you can provide these, please send an urgent e-mail to iccc@iccconline.org

    CONNEXT 2021

    ICCC's Virtual Trade Mission to India

    11 June 2021 to 25 June 2021



    10 States



    Key Sectors


    Delegate Benefits


    Sponsor Benefits


    Download presentation: CONNEXT 2021

    Click here for details: CONNEXT 2021

    Click here to register: Delegate Registration

    Technology Partner


    Partner in Success

       

    ICCC Partners with TEMA

    The Indo-Canada Chamber of Commerce (ICCC) signed a Memorandum of Understanding (MoU) with the Telecom Equipment Manufacturers Association of India (TEMA).

    TEMA will come on board as a Partner Organization for CONNEXT 2021 – ICCC’s 10 Days-10 States Virtual Trade Mission to India from June 11 to June 25, 2021.

    Welcoming the signing of the MoU, Vijay Thomas, President of ICCC, said, “We are delighted with our association with TEMA. It is India's first and oldest association in Indian Telecom Sector. TEMA has more than 48,500 members and MoUs with 74 organizations globally through the CMAI association of India. The new collaboration will help our Chamber foray afresh into Telecom and ICT, Education, Cyber Security, Skill development, Innovation and Start-Up ecosystem.”

    Prof. N. K. Goyal, Chairman Emeritus, TEMA, responding with alacrity and enthusiasm, said, “TEMA will work closely with ICCC to offer cutting-edge programs in diverse spheres such as cyber security, new technologies, railway telecom VSS technologies, education in new technologies, educational programs, and 6G Cooperation Program.” He added, “Our focus will also be to jointly promote AtmaNibhar Bharat, Make in India, Investment and manufacturing in Telecom, ICT, Railways, Infrastructure, Healthcare, Agriculture, Video Surveillance, Smart Cities.”

    Read more: ICCC Partners with TEMA

    Past Programs and Events


    Canada's Budget: High on Expectations,
    but will it deliver?

    On 22 April 2021, as part of its continuing Thursday Talks Webinar Series, the ICCC organized a panel discussion on Canada's Budget with Daniel Schwanen, Vice President, C D Howe Institute, and Jennifer Poon, Director, Advanced Planning, Scotiabank. The session gave an opportunity have a fact-based debate to discuss the socioeconomic impact of the budget.

    Watch the recording of the Webinar: Canada's Budget

    Media Coverage of ICCC Webinar


    India's Hindustan Times and Toronto's Weekly Voice prominently covered the webinar on India's farm reforms

    Read the HT report: (link)

    In the News

    ICCC President Vijay Thomas on CBC's National


    David Cochrane of CBC's National spoke to ICCC President Vijay Thomas about Canada's decision to impose temporary travel restrictions on India following the resurgence of the pandemic. Watch the news clip here: ICCC President on CBC

    ICCC President Vijay Thomas in La Press+



    La Presse +, Canada’s leading French language online news portal, published from Montreal, Quebec, quoted Vijay Thomas, President, ICCC, on a news report on the coverage of the sudden resurgence of the pandemic in India.

    Le président de la Chambre de commerce Indo-Canada, Vijay Thomas, a pour sa part condamné « l’interprétation raciste que le Journal de Montréal fait d’une situation sanitaire d’urgence qui ne frappe pas que l’Inde, mais plusieurs parties du monde ».

    « À une époque où les citoyens et les gouvernements travaillent ensemble pour rapidement contrôler la résurgence du virus, il nous appartient à tous, en tant que citoyens du monde, de nous unir et de combattre cette crise [ensemble] », a-t-il dit.

    The president of the Indo-Canada Chamber of Commerce, Vijay Thomas, for his part condemned "the racist interpretation that the Journal de Montreal makes of an emergency health situation which does not strike only India, but several parties. of the world ".

    “At a time when citizens and governments are working together to quickly control the resurgence of the virus, it is up to all of us, as citizens of the world, to unite and fight this crisis [together],” he said.

    Read the news report: (link)

    Read the full statement: (link)

    Canada

    Canada Budget 2021 provisions for small businesses


    In the face of the COVID-19 pandemic, the federal government acted swiftly to provide support to protect Canadians and support people and businesses, adapting its response as the pandemic evolved. The government's broad suite of support measures has helped families, protected jobs, and supported businesses across Canada. More than eight of every ten dollars spent to fight COVID-19 and support Canadians continues to come from the federal government.

    This has, in many ways, been a two-speed recession. There have been businesses that have managed to adapt to the pandemic and to prosper. But others have been shut down outright by necessary public health restrictions or deeply limited in what they can do—and many of these highly affected businesses have been our small businesses. We need them to get back on their feet. They are the backbone of our economy, our main streets, and our communities.

    Read more: 2021 budget provisions for small business (link)

    India

    India crosses landmark 140 million COVID-19 vaccine doses

    India becomes the fastest country to administer 140 million doses of COVID-19 Vaccine in just 99 days. Also, the country has administered more than 24 lakh vaccine doses administered till 8 pm today.

    The cumulative number of COVID19 vaccine doses administered in the country stands at 14,08,02,794 as per the 8 pm provisional report today.

    These include 92,89,621 Healthcare Workers (HCWs) who have taken the 1st dose and 59,94,401 HCWs who have taken the 2nd dose, 1,19,42,233 Frontline Workers (FLWs) (1st dose), 62,77,797 FLWs (2nd dose), 4,76,41,992 for over 45 years old to 60 years old (1st Dose), 23,22,480 for over 45 years old to 60 years old (2nd dose), 4,96,32,245 for above 60 years (1st Dose) and 77,02,025 for above 60 years (2nd Dose).

    Read more: India crosses 140 million doses (link)

    Welcome to new members

    The ICCC Board Approved the following new member applications

    Life

    Ripudaman Singh Dhillon

    Vikas Sharma

    Regular

    Amar Singh Bhullar

    Anil Dasratha

    Abhishek Khurana

    DK Natarajan Udhaykumar

    Youth Membership

    At a Meeting held recently, the Board of Directors decided that from January 2021, Youth Membership would be restricted to University and College students only. All Youth Members will have to provide proof of being a valid student in a Canadian educational institution.  

    Indo-Canada Chamber of Commerce

    924 The East Mall Toronto ON M9B 6K1

    Tel: (416) 224-0090 Fax: (416) 916-0086

    Email: iccc@iccconline.org

    Website: www.iccconline.org


  • 24 Apr 2021 1:24 PM | Anonymous
       
       

    PRESS RELEASE

    ICCC Partners with TEMA

    To promote AtmaNibhar Bharat, Make in India, Investment and manufacturing

    The Indo-Canada Chamber of Commerce (ICCC) signed a Memorandum of Understanding (MoU) with the Telecom Equipment Manufacturers Association of India (TEMA).

    TEMA will come on board as a Partner Organization for CONNEXT 2021 – ICCC’s 10 Days-10 States Virtual Trade Mission to India from June 11 to June 25, 2021.

    Welcoming the signing of the MoU, Vijay Thomas, President of ICCC, said, “We are delighted with our association with TEMA. It is India's first and oldest association in Indian Telecom Sector. TEMA has more than 48,500 members and MoUs with 74 organizations globally through the CMAI association of India. The new collaboration will help our Chamber foray afresh into Telecom and ICT, Education, Cyber Security, Skill development, Innovation and Start-Up ecosystem.”

    Prof. N. K. Goyal, Chairman Emeritus, TEMA, responding with alacrity and enthusiasm, said, “TEMA will work closely with ICCC to offer cutting-edge programs in diverse spheres such as cyber security, new technologies, railway telecom VSS technologies, education in new technologies, educational programs, and 6G Cooperation Program.” He added, “Our focus will also be to jointly promote AtmaNibhar Bharat, Make in India, Investment and manufacturing in Telecom, ICT, Railways, Infrastructure, Healthcare, Agriculture, Video Surveillance, Smart Cities.”

    Vikas Sharma, Director, SME, ICCC, who was instrumental in connecting the two organizations, added, “The collaboration will have a major impact on bilateral ties and both the organizations will work to facilitate and expedite the Comprehensive Economic Partnership Agreement (CEPA) between Canada and India, which is being negotiated for nearly a decade.”

    Ravi Sharma, Chairman TEMA welcoming the MOU said “Partnering with Canada is one of the milestone steps for AtmaNirbhar Bharat which will pay way for development of technology, investments, manufacturing and export market to Canada. We look forward for wonderful opportunities for satellite communication, safe cyber technologies, trusted telecom products, next generation telecom and ICT technologies.”

    The MoU will pave the way for both the organizations to cooperate on a series of mutually beneficial matters, including:

    • Enhancing membership by offering member rates for members of each organization for event participation.
    • Work cooperatively to identify and explore business opportunities between the two organizations.
    • Jointly work to identify and create bilateral economic, technical and business opportunities between Canada and India
    • Promote direct company to company linkages and promotions between ICCC and TEMA business members.
    • Develop ways that companies can reduce risk of entering bilateral business relationships between India and Canadian markets or any territories like US.
    • Be advocates to the Canadian and Indian Governments on policies that will promote the development of business and technology linkages between Indian and Canadian Companies.
    • Be an effective forum for networking, exchanging ideas and information and advancing the interests of the ICCC and TEMA.
    • Provide a business or career match-making service identifying opportunities to the benefit of ICCC and TEMA and qualify potential collaborators.
    • Access and offer market intelligence on business sectors, industries and companies to ICCC and TEMA.
    • Provide information on Canadian and Indian trade fairs, missions, seminars and other business-related events to ICCC and TEMA.
    • Work collaboratively with Government to address members’ needs and the trade and profession related barriers they encounter.
    • Plan joint meetings/seminars that could be of interest to both memberships in order to attract greater attendance and reduce overhead event costs.
    • Share any commercial or technical information that could benefit the membership of either organizations.


  • 22 Apr 2021 6:00 PM | Anonymous

    Canada's Budget: High on Expectations

    BUT WILL IT DELIVER?


  • 22 Apr 2021 2:11 PM | Anonymous

    Reacting to the Journal de Montréal headline, Vijay Thomas, President, Indo-Canada Chamber of Commerce (ICCC), said in a statement issued in Toronto that “the Indo-Canada Chamber of Commerce supports all the measures the Canadian federal and provincial governments are taking to control the resurgence of Covid-19 within the Canadian borders, including imposing temporary travel restrictions for people coming from India.

    The Covid-19 situation in India is a serious cause of concern for the 2-million strong Indo-Canadian community across Canada, most of whom have strong family ties in India.

    The Indo-Canada Chamber of Commerce condemns the racist interpretation that the Journal de Montréal has given to a medical emergency that has engulfed not just India but large parts of the world.

    At a time when people and governments globally are working unitedly to swiftly bring under control the virulent resurgence of the virus, it is up to all of us as global citizens to band together and look at this crisis from a secular and global lens. 


  • 17 Apr 2021 9:00 AM | Anonymous

    ICCC Weekly Newsletter

    17 April 2021

    Federal Budget & Modern Monetary Theory

    The first Liberal Government Budget in two years will be presented next week will deliver on its promise to spend big amid a fast-rising third wave of COVID-19 infections and ahead of an election expected in coming months. Finance Minister Chrystia Freeland has pledged to do “whatever it takes” to support Canadians, and in November promised up to C$100 billion in stimulus over three years to “jump-start” an economic recovery in what is likely to be a crucial year for her party.

    It may be pertinent to understand the Modern Monetary Theory (MMT) in the context of what to many may seem like reckless public spending. The MMT is a fresh and important idea to have emerged in economics in decades. For its proponents, it delivers a radically different, bold, new understanding for how to build a just and prosperous society. The theory radically alters our understanding of how to optimally tackle crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure.

    Stephanie Kelton’s Modern Monetary Theory and the Birth of People’s Economy (2020) is a lucid and compelling exploration of the new theory. She says that any big-ticket public spending runs into resistance based on long-prevailing economic dogmas such as:

    • Finding the financial resources to pay for the public need
    • The federal government should budget like a household
    • Deficits harm the next generation
    • Deficits crowd out private investment
    • Deficits undermine long-term growth
    • Entitlements propel an economy toward a grave fiscal crisis

    And contends that these notions are nothing more than that – dogmas that have lost their relevance and need to be set aside as governments globally embark upon implementing bold new initiatives such as a universal basic income. The onset of the pandemic and the necessity felt globally to help populations through vastly enhanced government spending compelled governments across the world to enhance public spending.

    The new theory argues that so long as a government's debt is denominated in its own currency, there is no upper limit on the state’s monetary borrowing. Public debt is not of a major consequence; the central bank can print more money to avoid default. Moreover, the additional printing of currency doesn’t necessarily have inflationary consequences. MMT proponents encourage economists to overcome the fear of debt and for policymakers to unleash the full power of unlimited, risk-free government spending.

    Read more:

    US Treasury Secretary Janet Yellen calls for global minimum tax levy on corporations: (link)

    MMT the key to unlocking Canada’s economic future (link)

    MMT is not the future, it’s already here (link)

    Post Pandemic Social Security Agenda (link)

    The weakness of MMT (link)

    A Serious Flaw in MMT - Farah Omran & Mark Zelmer (link)

    President’s Views

    Vijay Thomas

    Here in Canada as the cold days of winter turn to spring and new green shoots begin to sprout all around, we have a lot happening and a lot in the works at the ICCC. The weekly Thursday Talks and Leaders Talks webinar series have been very well received and we had the good fortune of having some powerful Canadian leaders participate recently.

    The Leaders Talks with Premier Scott Moe of Saskatchewan and High Commissioner Ajay Bisaria on Indian Farm reforms was a topic of great interest to Indo Canadians. The ICCC in a non-partisan manner was successful in having a discussion and earned praise from people on both sides of the issue.

    I have also participated as a speaker in multiple events in the recent past especially around trade and technology and startups namely:

    1) Spoke at IndiaSoft on opportunities for Indian technology companies and startups in Canada. https://www.indiasoft.org/program-schedule/

    2) Spoke at Canada India Business Council (C-IBC) Tech Showcase -Opportunities in the bi-national corridor event along side Invest India  https://www.canada-indiabusiness.com/tech-showcase-opportunity-in-the-bi-national-corridor

    3) Spoke and participated as a panelist on an Ontario Ministry of Economic Development, Job Creation and Trade on how Ontario companies should look at the Indian market and strategies to be successful. I had the privilege and the honour of being on a panel and spoke of how we launched Tangentia India in the Indian marketplace and we heard from other SME Ontario companies that sell in the Indian market and have been successful doing it.  https://www.ontario.ca/tradecalendar/ict-panel-india-ontario-perspectives

    4) Will be speaking to a Nasscom Delegation alongside Minister Vic Fedelli attending the Collision conference early next week and let them know that Ontario is open for business.

    As you can see, there is a lot happening in the India Canada corridor with regards to trade and investments. We at the ICCC will do our bit to amplify the messaging that the India-Canada corridor is open for business and tremendous opportunities on both sides with Connext 2021 https://www.iccconline.org/CONNEXT2021

    Looking forward to all our members and ecosystem partners and sponsors to participate in CONNEXT 2021 and lets do our bit to make a vibrant India-Canada bilateral trade and investment relationship.

    CONNEXT 2021

    ICCC's Virtual Trade Mission to India

    11 June 2021 to 25 June 2021


    Indo Canada Chamber of Commerce is organizing the first ever 10 Days/10 States virtual trade mission from Canada to India.

    The Mission is supported by Indian High Commission, the Consul General of India in Toronto, the Canadian Federal Government and other Provincial and City Governments.

    The Mission will focus on KEY major sectors/industries that show maximum potential for growth for bilateral trade relations.

    The Mission is a great opportunity to leverage the business opportunities in a post pandemic world and contribute to increasing trade and investments between Canada and India.

    10 States

     

    Key Sectors

     

    Delegate Benefits

     

    Sponsor Benefits

     

    Click here for details: CONNEXT 2021

    Click here to register: Delegate Registration

    Technology Partner


    Marketing & Branding Partner


    Insight

    India wants more mines


    By Aditya Rebbapragada

    India took steps in late March to encourage more private investment in mines.

    A new "Mines and Minerals (Development and Regulation) Amendment Act, 2021" took effect March 28 that amends the existing regulatory framework for mining in India to make the sector more attractive to investors.

    Mining in India currently contributes only about 2.2% to 2.5% of the national gross domestic product. The country imports natural resources such as coal and gold in large quantities, although assessments by the Geological Survey of India indicate substantial domestic reserves are untapped.

    Mining law reform in India is a critical component of the Modi government's target of making India a US$5 trillion economy by the 2024-25 budget year.

    Read more: India's Mining Reforms (link)

    Aditya is Counsel at Norton Rose Fulbright, Singapore

    Upcoming Programs & Events

    ICCC Thursday Talks Webinar Series

    Canada's Federal Budget:
    High on expectations, but will it deliver?


    Register now: Zoom or Facebook

    Past Programs and Events

    Indian Agriculture Reforms -
    A Canadian Perspective


    On 15 April 2021, as part of its continuing Knowledge on the Go Webinar Series, the ICCC organized a panel discussion on the hot-wire topic of Indian Agriculture Reforms with Hon. Scott Moe, Premier of Saskatchewan and His Excellency Ajay Bisaria, High Commissioner of India to Canada to provide a Canadian perspective to the reforms.

    The session gave an opportunity have a fact-based debate to discuss the economic benefits that would potentially be derived by India, based on returns that came to Saskatchewan farmers after similar reforms a decade ago.

    Read the summary of the discussion here: Agriculture Reforms

    Watch the recording of the Webinar: Agriculture Reforms

    In the News

    Canada - Ontario

    Ontario's New Red Tape and Burden Reduction Measures

    The pandemic has reinforced the need for government to modernize regulations and reduce regulatory roadblocks. This package will benefit individuals, families and businesses by introducing measures that will create the conditions for investment and prosperity over the long term.

    Vic Fedeli, Minister of Economic Development, Job Creation and Trade.

    The Ontario government is proposing new red tape and burden reduction measures intended to minimize existing barriers on businesses and support a long-term recovery plan. Prabmeet Sarkaria, Associate Minister of Small Business and Red Tape Reduction, announced on 15 April Ontario’s Spring Red Tape Reduction Package and introduced the Supporting Recovery and Competitiveness Act.

    The proposed legislative changes in the act, along with other measures in the package, include:

    • Helping consumers save money on electricity by making it easier for them to track their energy usage
    • Helping to ensure Ontario remains a global leader in the connected and automated vehicle industry by supporting innovative pilot programs - like consulting on adding new vehicle types such as automated farm vehicles, and removing certain restrictions around modified automated vehicles
    • Modernizing Ontario by bringing more processes and services online, including developing new applications that will allow online sticker renewal for heavy commercial vehicle licence plates in mid-2022
    • Enhancing protections for workers by strengthening policies that keep them safe - like reviewing the working at heights training program to improve standards for training content and delivery
    • Supporting the not-for-profit sector and other corporations by allowing them to continue to hold virtual meetings during the pandemic.

    “Our government is committed to keeping Ontario workers and families safe and healthy, while protecting the environment while laying the foundation for a strong recovery and an even stronger future in the years ahead,” said Minister Sarkaria. “That's why we've been focused on ending complex and duplicative rules that stifle the entrepreneurial spirit and make it harder for our businesses to compete, grow and prosper - our proposed legislation would help businesses rebound from this very difficult period.”

    Read more: Ontario's New Measures (link)

    List of new restrictions under revised
    stay-at-home order

    Effective from 17 April 2021

    All outdoor social gatherings and organized public events are now prohibited except for with members of the same household or one other person from outside that household who lives alone or a caregiver for any member of the household.

    All non-essential workplaces in the construction sector are now closed.

    Capacity limits have been reduced to 25 per cent in all retail settings where in-store shopping is permitted. This includes supermarkets, grocery stores, convenience stores, indoor farmers' markets, other stores that primarily sell food and pharmacies.

    All outdoor recreational amenities have been closed including golf courses, basketball courts, soccer fields, and playgrounds with limited exceptions.

    Travel will be restricted into Ontario from the provinces of Manitoba and Quebec with the exception of purposes such as work, health care services, transportation and delivery of goods and services or exercising Aboriginal or treaty rights.

    Police officers and other provincial offences officers will have the authority to require any individual to provide their home address and purpose for not being at their residence. In addition, police officers, special constables and First Nation Constables will have the authority to stop vehicles to inquire about an individual's reasons for leaving their home.

    Effective from 19 April 2021

    The capacity of weddings, funerals, and religious services, rites or ceremonies will be limited to 10 people indoors or outdoors.

    Social gatherings associated with these services such as receptions are prohibited, except for with members of the same household or one other person from outside that household who lives alone. Drive-in services will be permitted.

    Read more: Ontario Strengthens Enforcement of Stay-at-Home Order (link)

    India

    Chemicals in India: The Right Chemistry for Growth


    SHIFTING GLOBAL VALUE CHAINS IN CHEMICALS

    Global chemicals corporations have historically consolidated supply chains to a significant extent, with several products now getting sourced from only one or two countries. This concentration of supply chains was driven by the pressure to achieve lower costs, the need to produce larger volumes, and stricter environmental regulations in developed countries. However, over the last few years, Global Value Chains (GVCs) have evolved rapidly. The next wave of value migration in Chemicals, from China to markets like India, is being driven by global trade tensions, tightening environmental regulations and rising labor costs in China, a potential overall diversification in global manufacturing (‘China+1’), and the impact of the Covid-19 pandemic.

    THE INDIA CHEMICALS OPPORTUNITY

    India’s Chemicals sector is on strong growth trajectory for the coming decade. Drivers for this trajectory include a strong growth in domestic consumption, the emergence of a potential China + 1 strategy in global supply chains, the availability of cost-effective and skilled manpower, and India’s rapidly improving policy and regulatory environment. The COVID-19 pandemic did result in a short-term demand shock, but the long-term growth story continues to remain intact. In our assessment, India is a highly attractive destination for the Global Chemicals Industry on multiple key parameters when compared to other locations such as the Middle East, Latin America, and South East Asia.

    WHERE TO INVEST IN INDIA

    India offers attractive investment opportunities across all segments of the Chemicals industry. In Petrochemicals, India’s opportunity will be led by its large domestic demand, the need to build local capacity for key building blocks and intermediates, and a continued focus on import substitution. We anticipate that India’s domestic demand can support the addition of one world scale cracker every year. In Specialty and Agrochemicals, we see a substantial opportunity for both exports as well as domestic sales. In exports, India is fast emerging as a destination of choice for the sourcing/contract manufacturing of specialty and agrochemical ingredients and intermediates. In the domestic market, the low levels of Chemicals penetration across agriculture as well other end markets, combined with the accelerated growth and shifting demand patterns in these markets, help create a favorable demand outlook for manufacturers.

    HOW TO WIN IN INDIA

    We identify five key imperatives for Indian and Global Chemicals companies to win in India: place the right portfolio bets, embed sustainability into ways of working, adopt differentiated go-to-market models, undertake a digital-enabled P&L RESET, and strengthen M&A and partnership capabilities.

    IN CONCLUSION

    With the Indian economy projected to emerge as one of the Top 3 global economies, and with India projected to have largest working age population across the globe, the time is ripe for global Chemicals MNCs to look at the India opportunity with a fresh lens, and capitalize on the attractive opportunities presented by the nation.

    Download report: Chemicals in India (link)

    India's rice production needs adaptation to climate change to meet future needs

    Researchers from University of Illinois conducted a study at the Borlaug Institute for South Asia's research farm in Bihar, India to estimate rice yield and water demand by 2050, and to evaluate how farmers can adapt to the effects of climate change. The researchers collected data on rice yield and climate conditions, then used computer simulations to model future scenarios based on four global climate models. The results show that the crop growth stage is shrinking and as a result the farmers do not get the full potential of the yield. If the farmers maintain current practices, then rice yield will decrease substantially by 2050. The study also provided a series of recommendations regarding management strategies like using direct-seeded rice instead of transplants, keeping crop residue on the ground to reduce water loss due to evaporation, reduction of post harvest loss etc. to mitigate the effects of climate change.

    Read more: Rice cultivation & climate change (link)

    Money Talk


    By Rakesh Vijay

    Blue Chips

    In times of market uncertainty, many investors start looking for equity investments that represent stability and safety. Certainly one place to look is at so-called “blue chip” stocks.

    What is a blue chip today?

    Just being big and dominant is no longer a guarantee that a company is blue chip quality. A blue chip today is most often found in the mature investment sectors, such as banking, insurance, and the equities of large-cap, “old economy” industrial sector giants. The S&P TSX 60 or the Dow Jones Canada Titans 40 are indexes whose basket of stocks are largely blue in colour.

    Their shared attributes are investment stability, the quality of their tangible assets and value measured by the strength of a relatively low debt balance sheet, their long and predictable revenue and earnings track record in good and bad times and competitive dominance in their respective markets. Such companies can usually show a long record of steady dividend payouts and a reputation for dependable (some might say conservative) management practices. Most blue chip investments are leaders in their industry and their products and services often possess wide “brand” recognition.

    Read More: Blue Chips (link)

    Indo-Canada Chamber of Commerce

    924 The East Mall Toronto ON M9B 6K1

    Tel: (416) 224-0090 Fax: (416) 916-0086

    Email: iccc@iccconline.org

    Website: www.iccconline.org


  • 16 Apr 2021 4:58 PM | Anonymous

    Saskatchewan Premier Scott Moe sees many parallels between India and Canada on agriculture reforms

    Video link: https://youtu.be/B2I7DMPt8KU

    Toronto: India’s agriculture reforms will yield results in the long run and meet its stated objectives, Hon. Scott Moe, Premier of Saskatchewan, emphasized at a webinar organized by the Indo-Canada Chamber of Commerce (ICCC) on Thursday 15 April 2020. His Excellency Ajay Bisaria, High Commissioner of India to Canada was the other speaker at the webinar that Vijay Thomas, President, ICCC, moderated.

    The Indian agriculture reforms introduced in 2020 have generated passion and controversy in India and among Indians abroad. The ICCC webinar aimed to provide a Canadian perspective, focussing on the economic aspects of reforms.

    In Canada, the then Stephen Harper government abolished the Canadian Wheat Board In 2012. The Wheat Board had a monopoly over the marketing of agriculture produce in Western Canada (Alberta, Saskatchewan, Manitoba, and to a lesser extent in British Columbia). This reform fraught with initial uncertainty subsequently led to a revolutionary transformation of the agriculture sector in these provinces and especially in Saskatchewan, leading to a continuous and exponential rise in production and exports.

    Hon. Scott Moe, who has witnessed this transformation firsthand, and who is keenly observing India’s attempt to reform its agriculture sector, has compared India’s journey with Saskatchewan’s in 2012 when the reforms were first introduced.

    He finds many parallels between India journey in 2021 and Saskatchewan’s experience in 2012. At the webinar, Premier Moe said Saskatchewan reforms brought challenges, but the province’s farmers adapted quickly to those changes, they innovated, and today they are “far better off with the new opportunities. Saskatchewan’s grain exports nearly touched $17billion and are rising exponentially.”

    “Growth comes only with change, and change is not always easy. Growth brings great opportunity,” Premier Moe said. The Canadian Wheat Board set the price that the farmers had to accept, and as markets evolved around the world, the system became “archaic and unworkable. It stifled growth, innovation and opportunity.”

    Following the abolition of the Wheat Board, the agriculture sector flourished. It has given the farmers the freedom to market their produce, they can choose who to sell their grains to. The contracts are based on price and quality of the grain, the delivery date and the delivery location, and other mutually agreed contractual terms between the farmer and the buyer.

    Ajay Bisaria, the High Commissioner of India to Canada, congratulated the Indo-Canada Chamber of Commerce for organizing the webinar on a subject that is crucial to the Indian economy and Canada – India bilateral economic ties. He termed it as ICCC’s positive contribution to the Indian economy.

    The High Commissioner said the explicitly stated objective of the Indian agriculture reforms is to double the farmers’ incomes, especially of the small and marginal farmers. Providing a backgrounder to the reforms, he said, “There is a broad consensus in India that in the agriculture sector, change is imperative. There is consensus on the direction and nature of the reforms. The conversation about reforms is informed by global experience.”

    The three laws India has introduced are about markets, contracts, transportation, and storage. They aim to create designated markets, to give farmers the opportunity to go to different markets, and not face a monopoly of purchase of produce. “The idea is to create a pan-India market, get in additional investment and credit and value-added investment in research and innovation. To get newer technologies. India needs one nation, one market,” he said.

    Mr. Bisaria also said the agriculture reforms are an integral part of structural reforms in various sectors such as land, labour, capital, liquidity, education that aim to turbo charge the economy and realize India’s aspiration to raise its GDP to $5trillion by 2025 and $10trillion by 2035.

    About the controversy over the legislations, Mr. Bisaria said India’s resilience in handling diversity in public opinion is well established. “The government held around 11 rounds of discussions with various unions of farmers. The government remains open to have these conversations. There has even been a moratorium of the implementation of these reform legislations to give more time to everyone to have a more informed, fact-based, evidence-based conversation.”

    On being asked by Vijay Thomas, President, ICCC, on what lessons India could learn from the Canadian agricultural reforms of 2012 and how the farmers signed onto the reforms even without a minimum support price, Premier Scott Moe explained that the provision of forward contracts was a crucial factor.

    With private companies signing contracts to buy agricultural produce for multiple years into the future at higher prices than those prevailing at that moment definitely went a long way in assuaging the apprehensions the farmers may have had about the reforms. This could be something that farmers in India could also expect once reforms and the free market kicked in.

    Vijay Thomas emphasized that the Chamber was focused on enhancing economic ties especially trade and investments as the focus of bilateral relations between Canada and India. He said the ICCC maintains its non-partisan status by supporting both the Canadian and the Indian governments at all levels to continue focusing on trade and investments.

    ICCC Contact:

    Mayank Bhatt

    Executive Director

    +1-6479954792

    mbhatt@iccconline.org

    www.iccconline.org


  • 12 Apr 2021 2:16 PM | Anonymous

    Financing Education


    One of the advantages of a membership-based organization is that Members often draw attention of the leadership to the direction that the organization should take to remain relevant. This became evident when a few Members drew attention to the non-inclusion of Education sector in the key sectors of focus for our upcoming CONNEXT 2021 virtual trade mission to India. The ICCC leadership, always responsive to Member needs, immediately expanded the list of key sectors. The Education sector is one of the most significant in the Canada – India bilateral sphere, earning an estimated revenue of $20b for Canada.

    The rising significance of education as an economic sector between Canada and India should be seen from the global perspective. In most countries basic education is nowadays perceived not only as a right, but also as a duty – governments are typically expected to ensure access to basic education, while citizens are often required by law to attain education up to a certain basic level. The second half of the 20th century marked the beginning of education expansion as a global phenomenon.

    Available data shows that by 1990 government spending on education as a share of national income in many developing countries was already close to the average observed in developed countries. This global education expansion in the 20th century resulted in a historical reduction in education inequality across the globe: in the period 1960-2010 education inequality went down every year, for all age groups and in all world regions. Recent estimates of education inequality across age groups suggest that further reductions in schooling inequality are still to be expected within developing countries.

    Recent cross-country data from UNESCO tells us that the world is expanding government funding for education today, and these additional public funds for education are not necessarily at the expense of other government sectors. Yet behind these broad global trends there is substantial cross-country – and cross-regional – heterogeneity. In high-income countries, for instance, households shoulder a larger share of education expenditures at higher education levels than at lower levels – but in low-income countries this is not the case.

    Read more:

    Financing Education

    Canada’s International Education Strategy (2019-2024)

    CONNEXT 2021

    ICCC's Virtual Trade Mission to India

    11 May 2021 to 25 May 2021


    Indo Canada Chamber of Commerce is organizing the first ever 10 Days/10 States virtual trade mission from Canada to India.

    The Mission is supported by Indian High Commission, the Consul General of India in Toronto, the Canadian Federal Government and other Provincial and City Governments.

    The Mission will focus on KEY major sectors/industries that show maximum potential for growth for bilateral trade relations.

    The Mission is a great opportunity to leverage the business opportunities in a post pandemic world and contribute to increasing trade and investments between Canada and India.

    10 States


    Key Sectors


    Delegate Benefits


    Sponsor Benefits


    Click here for details: CONNEXT 2021

    Click here to register: Delegate Registration

    ICCC conducted a virtual curtain-raiser on 1 April 2021 that provided details about the trade mission. In case you missed it, checkout the recording here:

    Curtain Raiser

    Upcoming Programs & Events

    ICCC Leaders Talk Webinar Series


    ICCC brings for you a discussion on a hot wire topic

    Agriculture Reforms in India

    - A Canadian Perspective

    Time: 9:00 AM - 10:00 Am EST

    Thursday 15 April 2021

    Register on Zoom or Facebook

    Past Programs and Events

    ICCC's Leaders Talk Webinar Series


    On 8 April 2021, as part of its continuing Leaders Talk webinar series, the ICCC organized an interactive session with Hon. Erin O'Toole, Leader of the Official Opposition in Canada and the Leaders of the Conservative Party of Canada. In a scintillating session, Hon. O'Toole discussed a host of issues relevant to Canada - India bilateral ties, Canada's economy, the oil and gas sector, immigration, the hot real estate sector.

    In case you missed it, watch the full recording of the webinar here

    Erin O'Toole

    In the News

    Canada's vaccine ranking is on the rise


    Prime Minister Justin Trudeau and Minister of Intergovernmental Affairs Dominic LeBlanc held the 29th call with Canada’s provincial and territorial premiers on April 7 to discuss their shared response to the global COVID-19 pandemic. They were joined by the Chief Public Health Officer of Canada, Dr. Theresa Tam.

    First Ministers continued their discussions on the COVID-19 situation, noting the increase in COVID-19 cases across the country that has forced many jurisdictions to impose stricter public health measures. Noting that April 7 is World Health Day, the Prime Minister recognized the toll the pandemic is taking on all Canadians, including on their mental health. First Ministers discussed the need to encourage Canadians not to let their guard down, recognizing the solidarity among all Canadians in every province and territory.

    Read more: Prime Minister & Premiers discuss vaccine rollout

    Read CBC report: Canada's worldwide vaccine ranking is rising

    Covid-19 in Canada: A One-year Update


    Read more: Covid-19 Impact

    India fastest to administer 100 million doses of Covid-19 vaccine


    Read more: 100 Million in 85 Days

    Welcome to New Members

    The ICCC Board Approved the following new member applications

    Life

    Vinod Mahesan

    Corporate

    Shruti Kashyap – Leyton

    Regular

    Caroline Scolt

    Ishwar Garg

    Kush Sharma

    Kushagra Soni

    Nikunj Doshi

    Priya Dhawan-Chahal

    Saqib Shahzad

  • 08 Apr 2021 4:11 PM | Anonymous

    Erin O’Toole emphasizes Canada – India ties

    Toronto: Building Canada’s relationship with India and taking it to the next level where India can emerge as Canada’s second or third largest trading partner instead of being the 10th largest is an important priority for Hon. Erin O’Toole, Leader of the Conservative Party of Canada and the Leader of Canada’s Official Opposition. “We may be separated by oceans, but we are united by shared values of free market economy and democratic traditions. We are commonwealth cousins,” he said, while participating in an interactive session organized by the Indo-Canada Chamber of Commerce (ICCC) in early April 2021.

    Erin O’Toole said that in the Recovery Plan that he unveiled in March 2021 at the Conservative Party convention, he listed five priority areas:

    • ·       Secure jobs by recovering the one million jobs lost during the pandemic within one year
    • ·       Secure accountability by enacting a new Anti-Corruption law to clean up the mess in Ottawa
    • ·       Secure mental health through a Canada Mental Health Action Plan
    • ·       Secure our country by creating a strategic stockpile of essential products and building the capacity to manufacture vaccines at home 
    • ·       Secure Canada’s economy by balancing the budget over the next decade

    Erin O’Toole said that he is confident with the right leadership, the bilateral trade between Canada and India can grow exponentially. “When I was the Parliamentary Assistant for Trade under Prime Minister Stephen Harper, trade with India nearly doubled. We will do it again.” He emphasized that the Conservative Party of Canada government built the relationship through people-to-people ties.

    The Leader of the Conservative Party of Canada emphasized that his party’s position on fundamental issues such as immigration remain unchanged. “Whether you have been here in Canada for three months or three generations, regardless of your religious, cultural background, whether you are an indigenous Canadian or a new arrival, if you share the ideals of hard work, free enterprise, strong families, strong communities and a principled approach on the world stage, we need your help because Canada needs your help right now.”

    Speaking about the spiraling deficit, Erin O’Toole said that even before the Covid-19 spending, the present government was running a $30b deficit annually, and accumulated a $100b debt before Covid-19 hit the economy. A $160b capital left Canada before Covid-19. Now, during Covid-19, the Liberal government has put in another $400b debt; so there is a half-a-trillion dollars of accumulated debt in just five years, and we have one of the highest unemployment rates in the G7, and there is a sense that nothing can get done in Canada, which is the main cause of lack of investments.

    He said Canada is built on a shared dream of utilizing opportunities through hard work and giving back. This is true for all immigrants who choose to make Canada their home. The Conservative Party of Canada would ensure that these ideals are valued and cherished and deployed in the process of nation building. “It is time to get the economy moving. It is time for an ethical leadership in Ottawa,” Erin O’Toole said in conclusion.


  • 29 Mar 2021 9:00 AM | Anonymous


    ICCC Weekly Newsletter

    29 March 2021

    A ship in Suez


    Global movement of cargo was severely affected last week when a 1,312-foot ship MV Ever Given carrying 18,300 20-feet containers and on its way from China to the Netherlands was stuck in the Suez Canal. The 120-mile-long canal between the Red Sea and the Mediterranean separates Africa from the Middle East and Asia and is also the shortest route between Asia and Europe.

    The Ever Given is a Panama-flagged vessel operated by Taiwanese company Evergreen, and owned by Shoei Kisen Kaisha Ltd of Japan. The 25-member crew is all Indian. It is one of the largest ships in the world weighing 200,000 tonnes; it is one of the “mega ships” which can carry two or three times more cargo than the average new container vessel.

    The stranded ship disrupted the world’s most vital trade artery and held up an estimated $9.6 billion worth of goods each day. The canal’s westbound traffic comprises goods worth $5.1 billion a day, while the east bound traffic ships goods and commodities worth $4.5 billion.

    The stranding of Ever Given caused disruptions in the global shipping industry that could take weeks and possibly months to clear, shipping group Maersk said. “Even when the canal gets reopened, the ripple effects on global capacity and equipment are significant,” the world’s largest container shipping company said in an advisory statement for customers published.

    Although the ship was stranded for less than a week, it adversely affected global oil and commodities prices. Fitch Ratings estimated that the stoppage at Suez would likely result in losses worth hundreds of millions of euros for the reinsurance industry. This event will reduce global reinsurers’ earnings but should not materially affect their credit profiles, while prices for marine reinsurance will rise further, the credit rating agency said.

    Data from Lloyds List Intelligence shows dozens of container vessels – representing all major container lines – re-routing around the Cape of Good Hope rather than transiting the Suez Canal. Ships forced to re-route around the Cape of Good Hope because of the Ever Given’s grounding incur massive costs – and so does the planet, according to Lloyds List Intelligence.

    The maritime analysts said that eight days of sailing time are added to voyages around the tip of Africa. The altered route requires 500 tonnes of extra fuel and produces up to 1,600 tonnes of extra carbon dioxide, and more for container vessels that travel at higher speeds.

    Read more:

    Major shipping routes of global trade

    About that ship jammed in the Suez Canal

    10 Days / 10 States

    ICCC's Virtual Trade Mission to India

    11 May 2021 to 25 May 2021


    Indo Canada Chamber of Commerce is organizing the first ever 10 Days/10 States virtual trade mission from Canada to India.

    The Mission is supported by Indian High Commission, the Consul General of India in Toronto, the Canadian Federal Government and other Provincial and City Governments.

    The Mission will focus on 5 major sectors/industries that show maximum potential for growth for bilateral trade relations.

    The Mission is a great opportunity to leverage the business opportunities in a post pandemic world and contribute to increasing trade and investments between Canada and India

    10 States

    Andhra Pradesh No. 1 on EODB reforms, Biggest exporter in India, largest producer of fruit, oil palm. Biotech/Lifesciences, Tourism and Tech.

    Goa Tourism and Tech, highest per capita income, mineral rich state

    Gujarat Highest number of operational ports/commercial cargo ports, ranked No.1 on Export Preparedness Index, 20 SEZs, 8 Special Investment Regions

    Haryana Hub for Knowledge industry incl biotech and IT.Prominent trade and consumption centre, lies in the influence zone of two major industrial corridors – DMIC and AKIC

    J&K Largest producer of Apples, Walnuts, Cherries, Saffron, Wool etc. Well known for handicrafts/handloom products. Tourism.

    Karnataka Tech, Innovation – Sector leader. Over 400 R&D centres, largest SW exporter, largest producer of coffee, aerospace and defence equipment

    Odisha Largest mineral producing state, over 50% of aluminium, steel and stainless steel in India, leading producer of horticulture crops – eggplant, pumpkin, cashewnut, cowpeas

    Rajasthan Largest producer of coarse cereals, coriander, 2nd largest producer of pulses, oilseeds, cumin, garlic etc. Highest solar energy potential, largest producer of blended fabrics and wool in India, major solar energy potential. Tourism friendly and lies in the DMIC industrial corridor.

    Uttar Pradesh 200 mn in population (equivalent to Brazil), Taj Mahal, largest producer of milk and horticulture crops like gooseberry, guava , mango, peas and potato

    Punjab Granary of India – largest producer of wheat and rice, largest producer of horticulture crops – carrot, peas, mandarin, radish and melon, largest producer of machine, hand tools and bicycle components. Sound infra for food processing – processing and cold storage.

    5 sectors

    ICT and Startups

    Auto and E-Mobility

    Tourism

    Food & Beverages

    Pharma /Medical Devices / Healthcare

    ICCC is conducting a virtual curtain-raiser

    on 1 April 2021 to provide more details about the trade mission.

    Register on Zoom or Facebook

    ICCC Board Meeting with Past Presidents


    The Board of Directors of the Indo-Canada Chamber of Commerce held a Zoom meeting with the Past Presidents of the institution on 26 March 2021.

    Among the past presidents who participated in the meeting were Ramesh Chotai, Hari Panday, Raj Kothari, Ravi Seethapathy, Rakesh Goenka, Kris Krishnan, Pradeep Sood, Ajit Khanna, Vinod Nagpal, Sanjay Makkar, Arun Srivastava and Kanwar Dhanjal.

    The past presidents shared their experiences of running the Chamber with the incumbent board members.

    Upcoming Programs & Events

    ICCC's Leaders Talk Webinar Series


    Hon. Erin O'Toole

    Leader of the Official Opposition of Canada

    &

    Leader of the Conservative Party of Canada

    4:30 PM - 5:30 PM

    THURSDAY 08 APRIL 2021

    Register on Zoom (first 100 registrants) or Facebook

    Past Programs and Events


    On 25 March 2021, as part of its continuing Thursday Talk webinar series, the ICCC organized a session on the impact of astrology, vastu and feng shui on business and life, featuring Joey Bujold (astrologer), Kalpesh Joshi (vastu shastri) and Paul Ng (feng shui expert). The session - In tune with infinite forms of nature - gave a glimpse of the future and a better understanding of the present. 

    In case you missed it, watch the full recording of the webinar here

    Click here to go to the YouTube recording:

    Nature's Infinite Forms

    In the News

    Canada takes lead in resolving looming
    global debt crisis

    "We risk spiralling deeper into the worst recession since the Great Depression" - António Guterres,
    UN Secretary General


    With many countries continuing to struggle to overcome the human and economic devastation from COVID-19, UN Secretary-General António Guterres is convening a meeting of world leaders on Monday, 29 March from 10 a.m. to 1:00 p.m. EDT to urge the international community to take additional and urgent action to ensure a robust recovery.

    The high-level virtual meeting organized by the Secretary-General together with the Prime Minister of Canada Justin Trudeau and the Prime Minister of Jamaica Andrew Holness aims to underscore the urgency of the need for bolder and concrete action to provide liquidity and address debt vulnerability in developing countries.

    The meeting will follow-up on a series of meetings and roundtables held last year to mobilize action to assist the economic recovery from the pandemic that resulted in a series of measures by the international community, but still not sufficient to meet the continuing and deepening crisis that many countries face.

    “We are on the verge of a debt crisis. Six countries have already defaulted. One-third of emerging market economies are at high risk of fiscal crisis. And the situation is even worse for least-developed and low-income countries,” said United Nations Secretary-General António Guterres.

    “We need now, to allocate new special drawing rights and encourage countries with strong reserve positions to reallocate unused SDRs to countries that need it; extend the G20’s Debt Service Suspension Initiative into 2022; and expand it to include all highly indebted, vulnerable middle-income countries affected by the crisis. We also need to expand the Common Framework for Debt Treatment to other vulnerable countries and provide additional, targeted debt relief and to tackle long-standing weaknesses in the international debt architecture. Otherwise, we risk spiralling deeper into the worst recession since the Great Depression.”

    Read more: Debt restructuring

    Download: Liquidity & Debt Solutions

    Snapshot of Canada's restaurant industry


    Read more: Stats are on the menu

    India@75


    Watch promotional video: India@75

    India's Prime Minister, Narendra Modi flagged off the ‘Padyatra’ (Freedom March) from Sabarmati Ashram, Ahmedabad and inaugurated the curtain raiser activities of the ‘Azadi Ka Amrit Mahotsav’ (India@75). He also launched various other cultural and digital initiatives for the India@75 celebrations.

    Azadi Ka Amrut Mahotsav is a series of events to be organised by the Government of India to commemorate  the 75th Anniversary of India’s Independence. The Mahotsav will be celebrated as a Jan-Utsav in the spirit of Jan-Bhagidari.

    Addressing the gathering at Sabarmati Ashram, the Prime Minister noted the launch of the ‘Azadi ka Amrit Mahotsav’ 75 weeks before 15 August 2022 which will continue till 15 August, 2023. He paid homage to Mahatma Gandhi and great personalities who laid down their lives in the freedom struggle.

    The Prime Minister reiterated five pillars i.e. Freedom Struggle, Ideas at 75, Achievements at 75, Actions at 75 and Resolves at 75 as guiding force for moving forward keeping dreams and duties as inspiration.

    The Prime Minister asserted that Azadi Amrit Mahotsav means elixir of energy of independence. It means elixir of inspirations of the warriors of freedom struggle; elixir of new ideas and pledges and nectar  of Aatmnirbharta.

    Talking about the symbol of salt, the Prime Minister said that salt was never valued on the basis of mere cost. For Indians, salt represents honesty, trust, loyalty, labour, equality and self reliance. He said at that time, salt was a symbol of India's self-reliance.

    Along with the values ​​of India, the British also hurt this self-reliance. People of India had to depend on salt coming from England. He said Gandhiji understood this chronic pain of the country, understood the pulse of the people and turned that into a movement.

    Read more: India @ 75

    Announcement

    Indian Council for Cultural Relations

    International Video Blogging Contest on ICCR Foundation Day

    On the theme

    “My impressions of India”

    Or

    “What India means to me”

    Brief outline: The Indian Council for Cultural Relations (ICCR) announce a Video Blogging contest from 19 March 2021 till 3 April 2021 on the theme “My impressions of India” or “What India means to me”.

    The Video contest is open to foreign participants who studied in India (not restricted to just ICCR alumni but even those who studied in India under self finance scheme) residing outside India.

    A three minute-long (maximum duration not more than three minutes) High Resolution video in the form of running video or photos or collage of photos Submission / Closure of Entries

    01st Prize – US$ 2000

    02nd Prize – US$ 1000

    03rd Prize – US$ 750

    Download details: ICCR contest

    Indo-Canada Chamber of Commerce

    924 The East Mall Toronto ON M9B 6K1

    Tel: (416) 224-0090 Fax: (416) 916-0086

    Email: iccc@iccconline.org

    Website: www.iccconline.org

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