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January 2017 E-Newsletter

16 Jan 2017 9:00 AM | Anonymous
ICCC Newsletter  
January 2016  


Letter from the President: India Mission 2017
 

Arun Srivastava
 

A good day to all of you.

The Indo-Canada Chamber of Commerce (ICCC)’s India Mission 2017 was a grand success for many reasons. During our annual two-weeks, seven-cities whirlwind tour of India, we reached out to regions that we had never been to earlier – West Bengal and the newly-formed state of Telangana. In both these regions we forged links with new Partners in Success – the Bengal Chamber of Commerce and Industry (BCC&I), the Bharat Chamber of Commerce, and the Telangana Chamber of Commerce and Industries (TCCI).

With the onboarding of these three partners in success, we have further enhanced out network of partners across India, and we have a number of MoU partners in all regions of India. The importance of having partner organizations in India is to be able to generate more trade leads and establish meaningful B2B contacts for our members and delegates on our annual India Mission.

During India Mission 2017, our delegation also met with a number of significant political decision makers, including India’s Defence Minister Manohar Parrikar, the Chief Minister of Gujarat Vijay Rupani, the Chief Minister of Karnataka, Siddaramaiah, and several other state-level ministers. During all these meetings, what came across was the deep interest these leaders had in developing business and trade relations between their respective states and Canada, and were eager to seek our Chamber’s involvement in creating or enhancing this relationship.

The India Mission 2017 has also to be evaluated from a different perspective, an altering perception of the world where multilateralism is steadily being replaced by bilateralism and protectionist policies, especially in the developed economies. In this emerging scenario, the Indo-Canada Chamber of Commerce (ICCC) will play an important role as it is the only Canada-based bilateral chamber of commerce fostering economic and trade relations between Canada and India.


 Click here to read the: Letter from President

 EDC Trade Insights BDC Business Desk 

 
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Insight: Cost effective ways to minimise payroll and staffing costs
 

Davinder Bhatia
 

A) Third Party Training Grant

The Job Grant will provide direct financial support to individual employers who wish to purchase training for their employees. It will be available to small, medium and large businesses with a plan to deliver short-term training to existing and new employees, and will: Provide up to $10,000 in government support per person for training costs.

Require employers to contribute one-third of the total costs. There will be additional flexibility for small businesses to provide an in-kind contribution towards their share of the costs.

Require training to be delivered by an eligible, third-party trainer.

Customized Training pilot will assist in the development and delivery of firm-specific training solutions that meet employers’ workforce development needs, where no such training exists.

B) Hiring Students

Canada Summer Jobs is a Government of Canada initiative. It provides funding for not-for-profit organizations, public sector employers and small businesses with 50 or fewer full-time employees to create summer jobs for students between the ages of 15 and 30. Application deadline January 20, 2017.  It covers up to 50% of Min wage and 100% for Not for Profits. The period for hiring start from April 17 to July 16, 2017 and must finish by Aug 26 2017 so that students can go back for studies.

Grants of Hiring grant for Post-secondary Grads in 2017 which provide up to 50% of their payroll to a maximum of $14000-20000.

Davinder Bhatia is a IMA Certified Member with Fortis Business Solutions Limited  

Click here for more: Insight

Business Snippets   Programs & Events   Global Tenders

       
A brief summary of the most
significant economic news
during the last month.




  A quick recap of the recent
ICCC's programs and events. 
This month's
recap is about the
our programs
in fall 2016

  A list of latest
Global Tenders
floated by the
Government of India.




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Business Snippets
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Programs and Events
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Global Tenders

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