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
