Indo Canada Chamber of Commerce News Page

Gala Dinner on August 21st 2023 organized by Indo Canada Chamber of Commerce

Mon, 21 Aug 2023 22:00:00 GMT

https://globalnews.ca/event/9880069/gala-dinner-on-august-21st-2023-organized-by-indo-canada-chamber-of-commerce/

India, Canada likely to sign FTA soon

Wed, 02 Aug 2023 16:05:51 GMT

https://newsroomodisha.com/india-canada-likely-to-sign-fta-soon/

ICCC urges mandatory Canadian Law Awareness for Indian students to prevent tragedies

Sun, 25 Jun 2023 23:00:00 GMT

https://www.hindustantimes.com/world-news/iccc-urges-mandatory-canadian-law-awareness-for-indian-students-to-prevent-tragedies-101687624882491.html

Indian students may have to sign mandatory clause before getting Canadian visa

Sat, 24 Jun 2023 18:00:00 GMT

https://economictimes.indiatimes.com/nri/migrate/indian-students-must-sign-mandatory-clause-before-canadian-visa-says-indo-canada-chamber/articleshow/101236792.cms?from=mdr

ICCC's India Mission 2022 – Jammu & Kashmir is open for business

Mon, 04 Apr 2022 11:53:07 GMT

03 & 04 April 2022

Following the political transformation of Jammu and Kashmir, which both the houses of the Indian Parliament accepted in 2019, the Indian government has made continuous efforts to kickstart the economy in the region, now categorized as two Union Territories – Jammu, and Kashmir and Ladakh.

As a bilateral trade and investment promotion organization mandated to foster business ties between Canadian and Indian micro and small business owners, the Indo-Canada Chamber of Commerce (ICCC) supports efforts by the federal and provincial governments in Canada, and the union and state governments in India to forge linkages. These efforts are aimed at reviving economies that have been dormant and need an impetus to soar again.

In 2021, in collaboration with the Consulate General of India in Toronto, and the Jammu and Kashmir Trade Promotion Organization (JKTPO), the ICCC took lead in promoting Kashmiri niche products in Canada by organizing two virtual buyer-seller meetings.

“The Jammu visit will become a highlight of the 2022 India Mission. Our delegation was accorded full protocol by the local administration, and the reception from the local businesspeople and the organizations was beyond our expectations."

"It is clear that the people of Jammu and Kashmir want to move ahead swiftly and bring in economic prosperity to the people of the region.”

- Ripudaman Singh Dhillon, President, ICCC

The first buyer-seller meeting held in February 2021 had Kashmiri micro and small business owners from the handicrafts and handlooms sector connecting with potential buyers from Ontario. In the second buyer-seller meeting held in September 2021, Kashmiri micro and small business owners from the leather and agro-products connecting with Canadian buyers.

Both these buyer-seller meetings received overwhelming response both the Jammu and Kashmir and Canada.

When the ICCC’s India Mission 2022 was planned, Jammu was chosen as one of the cities on the itinerary because the Chamber’s leadership felt it was important, in fact, imperative that Jammu was one of the cities on the mission’s itinerary.

While on the mission, the Chamber’s leadership decided to that it was also important to visit Srinagar and the Kashmir valley only to let the world know that the entire region – Jammu, Kashmir, Ladakh – is open for business.

The spectre of political and economic uncertainties that had enveloped the region for a prolonged period is rapidly becoming outdated, as both the union government in India, and the administration in the union territories work in unison and with a purpose to usher in economic stability and growth.

Jammu & Kashmir Trade Promotion Organization officials with ICCC India Mission 2022 delegation

On 3 April, the ICCC’s India Mission 2022 delegates reached Srinagar. The purpose was to let the world know that Kashmir is as normal as any other region of India. On 4 April, the mission delegates reached Jammu to a visit that was marked with official interaction with senior officials of the administration, and with businesspeople of the city and the region.

The highlight of the visit was an interactive session that the Jammu and Kashmir Trade Promotion Organization (JKTPO) organized with the local Jammu-based micro and small business owners with the mission delegates. More than 40 local businessowners participated in the program.

Ankita Kar, the Managing Director of JKTPO, made a presentation, seeking collaboration with the ICCC’s mission delegates in sectors such as tourism and hospitality, skills development, infrastructure, and agro-foods. Ripudaman Singh Dhillon, President, ICCC, in his presentation, offered collaboration and joint ventures with local entrepreneurs in these spheres.

The purpose of workshop was to promote investment and exports along with facilitating business linkages. Various Industry representatives & entrepreneurs from JK participated. Ranjan Prakash Thakur, Principal Secretary, Industries and Commerce, J&K, delivered the keynote address.

Responding to the session with the JKTPO, Mr. Dhillon said, “The Jammu visit will become a highlight of the 2022 India Mission. Our delegation was accorded full protocol by the local administration, and the reception from the local businesspeople and the organizations was beyond our expectations. It is clear that the people of Jammu and Kashmir want to move ahead swiftly and bring in economic prosperity to the people of the region.”

He added that as a Chamber, we will be working with the different organizations in the near future to ensure that Indo-Canadian entrepreneurs will play a positive role in the economic rejuvenation of Jammu and Kashmir.

The Jammu stopover also included a meeting with the representatives of the PHD Chamber of Commerce and Industries (PHDCCI). Rahul Sahai of the PHD Chamber briefed the ICCC delegation about robust industrial development scheme in J&K, discussed core areas of investment opportunities in J&K and Canada, discussed some regional focus areas of handicrafts, IT, Agriculture, Medicinal plants, Tourism opportunities.

Prior to these business meetings, the ICCC delegates met Rajeev Bhatnagar, Advisor to His Excellency Hon. Manoj Sinha, Governor of Jammu and Kashmir. During the brief but meaningful interaction, Mr. Bhatnagar welcomed the initiative undertaken by the ICCC to make a trip to Jammu, and hoped that it would become an annual stopover for the future India Missions of the Chamber.

Thereafter, the mission delegation had another brief but significant interaction with Dilbag Singh, IPS, the Director General of Police of Jammu and Kashmir. During this interaction, the DGP urged the mission delegates to promote education as a sector and bring Canadian educational institutions to Jammu and Kashmir so that the local youth can avail of opportunities for higher education in the region, without having to go outside.

In the final leg of the visit to Jammu and Kashmir, the delegation visited the Government Industrial Training Institute (ITI) at Kathua. Established in 1981 by the Technical Education Department, Government of Jammu and Kashmir under the overall aegis of Directorate General of Training (DGT), Ministry of Skill Development and Entrepreneurship, Government of India New Delhi, the ITI-Kathua provides skills development and training to local youth in spheres that are amenable to immediate employment.

The delegation met students of Centre of Excellency in Kathua, Jammu. A project with the vision to create skilled professionals with hands-on training at ITI, Kathua funded by Ashok Leyland. This project is the vision of His Excellency Hon. Manoj Sinha, Governor of JK.

S. K. Chadda, Member of ICCC’s Strategies Group, had arranged for the meetings with Rajiv Bhatnagar, Dilbag Singh and the visit to ITI-Kathua. Mr. Dhillon thanked him for his continued support to the mission. He said, “I want to extend a warm thanks to Mr. Chadha on behalf of delegation and ICCC for making our visits to Jammu and Kashmir a grand success. The hospitality at all levels is unforgettable.”

After a momentous two-day whirlwind tour of Jammu and Kashmir, the mission delegates reached Punjab.

ICCC's India Mission 2022 – Lucknow & Ahmedabad

Sun, 03 Apr 2022 11:52:03 GMT

3 CMs in 3 Days

01, 02, 03 April 2022

The Indo-Canada Chamber of Commerce’s (ICCC) India Mission 2022 has reached its midway mark with visits to Delhi, Lucknow, and Ahmedabad. The itinerary now includes stopovers in Jammu, Chandigarh and Dehradun. The India Mission 2022 has achieved a hitherto unparalleled landmark by meeting three chief ministers of three Indian states in the last three days.

The delegation met Hon. Yogi Adityanath, Uttar Pradesh’s Chief Minister on 31 March; Hon. Bhupendra Patel, Gujarat’s Chief Minister on 1 April; and Hon. Bhagwant Mann, Chief Minister of Punjab on 2 April. The Punjab CM was in Gujarat for an official visit.

The delegation is expected to meet Hon. Manohar Lal Khattar, Chief Minister of Haryana, and Hon. Pushkar Singh Dhami, Chief Minister of Uttarakhand later this week.

ICCC India Mission 2022 delegation with Punjab's new Chief Minister Hon. Bhagwant Mann

ICCC's India Mission 2022 delegation presenting a gratitude plaque to Gujarat CM Hon. Bhupendra Patel

Uttar Pradesh Chief Minister Yogi Adityanath with ICCC's India Mission 2022 delegation

“Never before has any ICCC India Mission managed to meet as many Chief Ministers. This is unprecedented and unparalleled,” Ripudaman Singh Dhillon, President, ICCC, said.

He thanked the delegation members for putting in a lot of effort to ensure that there was a full component of both political and business meetings at all the cities on the itinerary.

The ICCC President especially mentioned the role of SK Chadda, a special advisor to the Hinduja Group, who has recently been appointed to the Strategies Group of the ICCC. “Mr. Chadda brings tremendous experiences and contacts at all levels of the government and the bureaucracy,” Mr. Dhillon said.

“The ICCC India Mission 2022 visit and the success it has so easily managed to achieve in meeting both the political and business agenda is indicative of the change in the leadership of the ICCC,” said Virender Rathi, Corporate Secretary, ICCC.

“The new ICCC leadership is focused on results and not just efforts. Never before has the mission delegation mad so many meetings.” He said the new and emerging scenario on the trade front between Canada and India will provide a further impetus to the bilateral ties.

Media Coverage

Hindustan Times report on ICCC delegation's meeting with UP Deputy CM

After a hectic two-days in Lucknow, where the India Mission 2022 delegation had meetings with political decision makers including the Chief Minister, the Deputy Chief Minister, and a former Minister, along with key government officials, the delegation reached Ahmedabad where, once again, the itinerary was chock-a-block full with meetings and visits to prominent places.

After a brief but meaningful meeting with Hon. Bhupendra Patel, Gujarat’s CM, the delegation participated in the Memorandum of Understanding renewal ceremony with the Gujarat Chamber of Commerce and Industries. This was followed by a business reception jointly organized by the Indo Canada Business Chamber (ICBC) and the ICCC.

Fortunately, the delegation leaders, who had been trying to arrange for meetings while on the go, heard from the office of the Punjab Chief Minister Hon. Bhagwant Mann, that he was in Ahmedabad and would be meeting the ICCC India Mission 2022 delegation on 2 April. In the meeting, Hon. Mann appealed that the Indo-Canadian delegation should become a catalyst for new investments in Punjab.

ICCC's India Mission 2022 – New Delhi & Lucknow

Thu, 31 Mar 2022 11:50:41 GMT

28, 29, 30 & 31 March 2022

Warm welcome in Uttar Pradesh

Uttar Pradesh Chief Minister Yogi Adityanath with ICCC's India Mission 2022 delegation

Averaging three high-powered meetings per day, the Indo-Canada Chamber of Commerce’s India Mission 2022 is off to a whirlwind start.

After back-to-back meetings in Delhi with the PHD Chamber of Commerce and Industries, the Trade Promotion Council of India, Canada’s head of the Trade Commissioner Service in India, Andrew Smith, Telecom Equipment Manufacturers Association, on 28 and 29 March, the delegates landed in Lucknow to a warm welcome by the newly re-elected Uttar Pradesh government.

The ICCC India Mission 2022 delegates met Hon. Yogi Adityanath, Chief Minister of Uttar Pradesh, at his official residence, and exchanged pleasantries with him. Ripudaman Singh Dhillon, President, ICCC, emphasized to the UP CM the need to restart the Ontario – Uttar Pradesh Investment and Trade Collaboration Initiative that was launched in 2020 but had to be abandoned because of Covid-19.

The other meetings in Lucknow included Hon. Brijesh Pathak, the Deputy Chief Minister of Uttar Pradesh, Hon. Siddharth Nath Singh, former Minister, and MLA, and officers from the IAS cadre serving the UP government.

Speaking at the TPCI roundtable, Arvind Bhardwaj, ICCC's Executive Vice President and Director Finance, Sponsorship and Communications, said, "The TPCI represents the technology-driven India that is transforming the way trade is conducted globally, even as it continues to respect tradition.

It is spearheading the Atmanirbhar Bharat dream of India’s Prime Minister Shri Narendra Modi. India’s dream to be self-reliant is important for many reasons – geopolitical, economic, cultural, and social. Our Chamber is committed to ensuring that this dream will be fulfilled.

We are in the forefront of collaborating with our partners in India to ensure that the members of the Indian diaspora are contributing to this wish fulfillment.

Commenting on the successful launch of the India Mission 2022, Ripudaman Singh Dhillon, President, ICCC, said “We couldn’t organize the India Mission in 2020 and 2021 because of the pandemic, but we were determined to do so this year because the pandemic-related restrictions have been lifted both in Canada and in India.”

He said, the overwhelming response that the ICCC’s India Mission 2022 has received so far is an indication of the appetite that the business community has for trading and investment opportunities.

Photographs

ICCC's India Mission 2022 off to a successful start – 28 March 2022

Mon, 28 Mar 2022 23:51:12 GMT

ICCC and PHDCCI business leaders after the roundtable on bilateral trade

Presenting a plaque ICCC President Ripudaman Singh Dhillon presenting a plaque to PHDCCI President Pradeep Multani

Putting the Covid-19 pandemic’s lockdown restrictions firmly behind, the Indo-Canada Chamber of Commerce (ICCC) launched its annual ‘India Mission’ on 28 March 2022 with a roundtable discussion on trade and investment between Canada and India at the PHD Chamber of Commerce and Industries (PHDCCI) in Delhi. The PHDCCI is organizing roundtable discussions in all the cities that India Mission is scheduled to visit.

The ICCC’s ‘India Mission’ which will be on till 9 April 2022 focuses on promoting trade relations between micro and small businesses and explore investment opportunities in Canada and India.

Its focus is on the growing and economically thriving centres in North India. The multicity, multisector mission with whistle-stop visits to New Delhi, Lucknow, Ahmedabad, Jammu, Chandigarh, and Dehradun, will comprise meetings with political and government decisionmakers, industry and corporate leaders, representatives of Chambers of Commerce and Industry Association, micro and small business owners.

The participants included the India Mission delegates comprising members of the board of directors of the Chamber, and Indo-Canadian business and community leaders.

Speaking on the launch of the mission, Ripudaman Singh Dhillon, President, ICCC, said, “We are delighted to organize a successful India Mission after a gap of two years. The Covid-19 lock down restrictions prevented us from organizing the mission in 2020 and 2021.” Mr. Dhillon said the ICCC India Mission 2022 will benefit micro, small and medium enterprises both in Canada and in India.

The first day’s program included another roundtable with the Telecom Equipment Manufacturers Association (TEMA). The two organizations – the ICCC and TEMA – agreed to form committees in key spheres of operations for both, including committees in education, small business, policy, etc.

The delegation will also be participating in a roundtable at the Trade Promotion Council of India (TPCI). The TPCI is gearing up to bring a 40-member trade delegation to Canada in the F&B sector in April. The ICCC will be organizing B2B meetings for this delegation. In case you are interested in participating in these B2B meeting, please write to Mayank at mbhatt@iccconline.org

The highlight of the India Mission 2022 is the visit to Jammu. This is the first visit by the ICCC to the Jammu and Kashmir region and the primary purpose is to support the Government of India’s endeavour to rapidly develop the region economically. In 2021, the ICCC had organized two virtual buyer-seller meetings in collaboration with the Jammu and Kashmir Trade Promotion Organization (JKTPO), and the Consulate General of India in Toronto.

New Delhi (28 & 29 March), Lucknow (30 & 31 March),

Ahmedabad (01 & 02 April), Jammu (04 April),

Chandigarh (05 & 06 April), Dehradun (07 & 08 April)

Challenges faced by International Students in Canada

Wed, 02 Mar 2022 19:00:00 GMT

ICCC Event at Etobicoke, Canada

Wed, 02 Mar 2022 15:10:40 GMT

https://ptcnetwork.ca/iccc-event-at-etobicoke-canada/?amp_markup=1

Canada India Investment & Trade Collaboration Initiative

Thu, 24 Feb 2022 13:30:00 GMT

ICCC-Centennial College: Virtual Information Session on Centennial's Recruitment Services for Employers

Tue, 22 Feb 2022 23:30:00 GMT

ICCC & IFMS webinar on Global Warming & Climate Change

Mon, 14 Feb 2022 19:00:00 GMT

ICCC Weekly Newsletter 11 FEBRUARY

Sat, 12 Feb 2022 15:04:44 GMT

Needed: A new approach to economic ties

ARVIND BHARDWAJ

Reports of revival of negotiations between Canada and India for a comprehensive economic partnership is welcome news.

India is negotiating trade deals with Canada, Australia, the United Kingdom, and the Gulf Cooperation Council (GCC) countries. India plans to conclude negotiations with Australia, the UK and the GCC by 2022 and effectively enhance exports by $500billion by 2023.

Apparently, there is no deadline set for concluding the negotiations with Canada. Hopefully, the trajectory will not be as long and torturous as it was in the past, and the negotiations are concluded soon.

Reports indicate that India is willing to combine both the Foreign Investment Protection Agreement (FIPA) and Comprehensive Economic Partnership Agreement (CEPA) into one agreement, if Canada is willing to consider the modification, which is both significant and one that could pave the way for a quick resolution.

India has an imperative to change the composition of its trade partners. At present, India is heavily dependent upon China. The bilateral trade between India and China hit $126 billion in 2021, up 44% over 2020.

Both 2020 and 2021 witnessed escalating tensions across the India-China border, and public opinion in India is pronouncedly skewered in favour of self-reliance rather than continuing its dependence on China.

Canada – India trade scenario has perennially under performed. It has not captured the projected heights that the former Canadian Prime Minister Stephen Harper had envisaged (of reaching $15billion by 2015). Bilateral trade remains abysmally low and has been pushed down even more because of the pandemic. For the April-November 2021 period, bilateral trade was $4.32 billion (India’s exports = at $2.35 billion, Canada’s exports = $1.97 billion).

The surplus trade balance that India has managed is largely because of pharma, ferroalloy, iron and steel, chemicals, precious stone and jewellery. Canada’s exports comprise of red lentils (Canada supplies 80% of India’s red lentils), paper and wood pulp, coal, petroleum, fertilizer, and heavy machinery.

Following successful trade negotiations, Indian exports of textiles and plastics as well as heavy machinery would enhance substantially. The new trade and investment partnership would ease the movement of professionals to Canada.

It is time both Canada and India look at the post-pandemic economic reality from a new perspective that abandons old thinking and swiftly adopts innovative approaches.

Hemant Shah Appointed to ICCC Advisory Board

The Board of Directors of the Indo-Canada Chamber of Commerce (ICCC) appointed Hemant Shah as a member of the Advisory Board.

Mr. Shah is a pioneer in Canada – India bilateral trade. He started a trading venture nearly five decades ago from Winnipeg. A forward-thinking and community-minded business leader with demonstrable experience in the promotion and development of international trade.

He has a successful record in the establishment of productive export opportunities to countries in Asia, Europe, North America, and the Middle East. Mr. Shah is a recipient of several prestigious awards from the business community and government.

Mr. Shah took a leading role in establishing a memorandum of understanding between Canada and India to expand trade relations between the two countries. He facilitated many trade missions to India on behalf of Canadian government departments.

During his long and illustrious career, he represented 41 Canadian businesses from Manitoba at a trade show sponsored by Canada. He has organized and coordinated several delegations to India and Southeast Asia in cooperation with the Department of International Affairs, International Trade and Western Economic Diversification.

A community leader with a formidable reputation of serving the Indo-Canadian community not just in Manitoba but across Canada, Mr. Shah is active in promoting the interests of Indo-Canadians and helps newcomers as well as established Indo-Canadians contribute to the fabric of the Canadian mainstream.

Advisory for Indian citizens in Canada & planning travel to Canada

The Canadian capital city of Ottawa and several other major cities including Toronto are currently witnessing protests with road blockages, demonstrations, large gatherings, and general strikes. This has led to disruptions to traffic, public transportation, and shortages of essential items, including food and water.

Owing to the prevailing situation, a state of emergency has been declared for the City of Ottawa. The impact on traffic and services is likely to continue and local authorities in other major cities of Canada may also impose curfews or other restrictions at short notice.

In view of the ongoing situation, Indian citizens in Canada and those planning to visit Canada are hereby advised to:

Exercise a high degree of caution and remain alert;

Avoid areas where demonstrations and large gatherings are taking place, such as downtown Ottawa;

Follow the instructions of local authorities, including curfews;

Monitor local media for information on ongoing demonstrations and the evolving situation.

Indian citizens in Canada are also encouraged to register with the High Commission of India in Ottawa or Consulates of India in Toronto and Vancouver through their websites, or the MADAD portal madad.gov.in Registration would enable the High Commission and the Consulates to better connect with Indian citizens in Canada in the event of an emergency.

Upcoming Programs

Global Warming & Climate Change

2:00 PM Monday 14 February 2022

Register

The Indo-Canada Chamber of Commerce in collaboration with the International Forum of Meteorological Societies (IFMS) is organizing a virtual session on global warming and climate change.

The session will comprise:

Dr. Ahluwalia’s presentation on Causes of Global Warming & Climate Change its Remedies and How to cope with the effects of GW&CC

Jim Abraham’s presentation on the Measures federal and provincial governments are taking to safeguard Canadians from the potential disastrous effects of GW&CC

Dr. Harinder P. S. Ahluwalia is the President of the International Forum of Meteorological Societies (IFMS) which aims at creating collaboration between the National Meteorological Societies of the world to leverage each other’s strengths. He is also the President and CEO of Info-Electronics Systems Inc. (IES) based in Montreal with an office in New Delhi.

Mr. Jim Abraham, President of the Canadian Meteorological and Oceanographic Society (www.cmos.ca), is a well-known meteorologist. As the Director General of Monitoring Networks at the Meteorological Service of Canada (MSC), Jim managed a wide variety of weather, water, and environmental operational and research programs over a 36-year career with the Meteorological Service of Canada.

Are you looking to hire highly skilled,
knowledgeable students?

Virtual Information Session

Centennial College Recruitment Services for Employers

5:30 pm - 6:30 pm

Tuesday 22 February 2022

Register

Many Centennial College students are available year-round for Work Integrated Learning (WIL) opportunities, including co-op placements and field placements. Our students can help businesses with short-term staffing needs, small projects, peak period demands and other recruitment needs.

Find out how your business can benefit from Centennial College’s various Work Integrated Learning (WIL) opportunities, learn about available employer funding programs and discover the numerous ways you can work with Centennial College to attract qualified employees.

The session will include information on:

Hiring Co-op Students

Recruiting Field Placement Students

Available Graduate, Summer and Part-Time Recruitment Services

Applied Research, Capstone Projects and International Partnerships

Funding and Tax Credits

Co-op Students

Centennial College offers over 50 co-op programs in the fields of Business, Engineering Technology and Applied Sciences, and Transportation.

The co-op program gives our students a chance to gain meaningful work experience while allowing you to fill short-term staffing needs and assess potential full-time employees.

Students are available full-time for 4-month assignments (8- and 12-month work terms may be arranged)

Organizations that offer paid co-op opportunities may be eligible for the Ontario Co-operative Education Tax Credit (up to $3000 per student for each co-op work term)

If you are interested in hiring a co-op student, contact our staff by phone: 416-289-5209 or by email: cooped@centennialcollege.ca.

Field Placement Students

A large number of academic programs require students to complete a mandatory field placement. These placements are ideal for short-term recruitment needs. Field placements are unpaid and can range from a few days to several weeks, depending on the program. Placementsare offered in a range of programs, such as Community and Health Studies; Hospitality, Tourism and Culinary Arts; Communications, Media, Arts and Design.

If you are interested in hiring a field placement student, please contact SOLV, our single-point of contact for employers seeking to connect with business-enhancing opportunities and services across Centennial College. You can reach SOLV by phone: 416-289-5022 or by email: solv@centennialcollege.ca.

Canada - India Trade & Investment Collaboration Initiative

8:30 am - 10:00 am EST

Thursday 24 February 2022

Register

The Indo-Canada Chamber of Commerce (ICCC) in collaboration with the Consulate General of India in Toronto and Invest India is organizing a webinar on Canada - India Trade & Investment Collaboration Initiative.

The program will comprise a special address by Consul General Apoorva Srivastava, and a detailed presentation by Invest India on investment and trade opportunities in India especially in Food Processing, Pharmaceuticals, Renewable Energy, Tourism & Hospitality.

It will also include a panel discussion comprising industry veterans and experts.

ICCC is Partner Organization at Panorama India's
Republic Day Celebrations

Hybrid event:

All performances streaming live from Living Art Centre, Mississauga on social media & 30+ TV channels

Date:

Sunday 27 February 2022

Indo-Canada Chamber of Commerce

924 The East Mall Toronto M9B 6K1

T: 416-224-0090

E: iccc@iccconline.org

W: www.iccconline.org

ICCC's Founder President Kishore C Doshi passes away at 85

Wed, 09 Feb 2022 15:53:52 GMT

Kishore Chandra (K.C.) Doshi passed away peacefully at home on February 4, 2022. He was 85.

He was the founding President of the Indo-Canada Chamber of Commerce (ICCC). He held the President's position from 1977 to 1978 and then from 1979 to 1980.

He will be greatly missed by his loving wife of 55 years, Sudha, daughter Sonal, and grandson Aidan, as well as friends and family who remember his kindness and generosity.

A private family funeral service will be held on Wednesday, February 9th. A Celebration of Life with extended family and friends will follow this spring.

Kishore C Doshi - ICCC's President from 1977 to 1978
& 1979 to 1980

When the ICCC celebrated its 25th anniversary in 2002, Mr. Doshi remembered the formation of the institution in an interview with Renu Mehta, ICCC's then Vice President.

“Harshad Patel, Jay Chauhan and I first conceived of the Indo-Canada Chamber of Commerce in early January 1977. Numerous organizations served the social, cultural and religious community, but none where businessmen and professionals could network to enhance development, or find support in becoming contributing members of the economic, social and cultural fabric of Canada. We felt that only a secular and non-political organization could achieve this. On 15 January 1977, at a meeting attended by 13 people, we put together a task force to develop the aims, objectives, structure and a name for the proposed association. Thus, on 12 March 1977 the Indo-Canada Chamber of Commerce came into being. A Board of Directors was elected which, in turn, elected founding President.”

Kishore C Doshi (standing in the second row, third from left, behind the then Consul General Preeti Saran) at the Passing on the Queen's Baton event organized by the ICCC in 2010, in collaboration with the Consulate General of India in Toronto, and the City of Toronto.

Mr. Doshi was born in Mumbai, India, one of 8 siblings and countless cousins. After his schooling at St Xavier's School, he pursued his dream of education in North America and attended Syracuse University for his MBA.

He began his working and married life in Lindsay, Ontario, and they continued building their strong community of friends in Ottawa, and finally Toronto.

He began his career with Union Carbide followed by Cochrane Dunlop. His entrepreneurial spirit then led him to co-found Video Captions, a pioneering business that brought closed captioning to Canada.

Mr. Doshi was awarded the Diamond Jubilee Medal in 2012 in recognition of his contributions to Canada. He volunteered many years for the Liberal Party of Canada in the Don Valley East riding.

Kishore C Doshi receiving the
Queen's Diamond Jubilee Award in 2012

His family would like to thank Drs. Casey, Cheung and Shah at Sunnybrook Hospital, family Dr. Kithani, and the stem cell transplant team at Princess Margaret for gifting Kishore an extra 14 years with loved ones. They are also grateful for the compassionate care provided by his personal support workers over the past year at home.

ICCC Weekly Newsletter - 5 FEBRUARY

Sat, 05 Feb 2022 15:05:35 GMT

President's View

RIPUDAMAN SINGH DHILLON

Time to lift pandemic-related restrictions

The time is nigh for the pandemic restrictions to be lifted globally. There are risks involved in the re-emergence of new variants but after two years of living with COVID-19 the world’s population is conversant with the risks and a majority have taken the right approach to dealing with the challenge by getting vaccinated.

More than 80% of Canadians have been vaccinated with two doses and 44% with the booster. It is likely that in 2022, we may need another round of vaccine shot, but that is small price to pay for a swift return to normalcy. While there are many aspects to handling this challenge, the governments both at the federal level and in the provinces and the cities are proactively advocating for full vaccination of the population. This has proven to be a divisive matter, with a miniscule percentage of the population resolutely choosing to remain unvaccinated. In the larger interest of all Canadians, it would be futile to expect this minority to acquiesce to the majority’s demand. But it is time to realize that the pandemic restrictions have affected the vaccinated – who are substantially more in numbers – than the unvaccinated.

The adversities that small business owners have faced during the last two years have only partially been offset by the largess that the federal and provincial governments have given. But this is not a permanent fix. Canada must acknowledge that robust economic activity will get it back on track and fight inflation (which is at a 30 year high). Equally importantly, it will put an end to the sudden rise of unsavoury forces that are threatening to take over the carefully crafted Canadian ethos of accommodation of diverse views.

As a Chamber of Commerce of an ethnic-based, racialized business community that is growing exponentially both in numbers and influence, we support the federal and the provincial and the city governments in their efforts to overcome the manifold challenges posed by the pandemic and the restrictions. We urge them to consider that it is now time to go easy on the restrictions.

Businesses must do business; not survive on dole.

India Fights COVID-19

ICCC Board's Interactive Session with
Ontario Minister Hon. Monte McNaughton

The Board of Directors of the Indo-Canada Chamber of Commerce had an interactive session with Hon. Monte McNaughton, Ontario's Minister of Labour, Training and Skills Development and Hon. Deepak Anand, Parliamentary Assistant to the Ministry of Labour, Training and Skills Development on Thursday 3 February 2022. Minister McNaughton spoke about the new initiatives launched by his Ministry including the newly launched Skilled Trade Ontario, and expanding health-care benefits to all working Ontarians. Ripudaman S Dhillon, President, ICCC, introduced the session and the board members, and Rakesh Joshi and Arvind Bhardwaj asked questions.

Upcoming Programs

Global Warming & Climate Change

2:00 PM Monday 14 February 2022

The Indo-Canada Chamber of Commerce in collaboration with the International Forum of Meteorological Societies (IFMS) is organizing a virtual session on global warming and climate change.

Dr. Harinder P. S. Ahluwalia, President, IFMS, will make a public presentation on this subject. Jim Abraham, President, Canadian Meteorological and Oceanographic Society will speak about the efforts of the Canadian government’s efforts to safeguard Canadians from adverse effects of global warming and climate change.

The session will comprise:

Dr. Ahluwalia’s presentation on Causes of Global Warming & Climate Change its Remedies and How to cope with the effects of GW&CC

Jim Abraham’s presentation on the Measures federal and provincial governments are taking to safeguard Canadians from the potential disastrous effects of GW&CC

Are you looking to hire highly skilled, knowledgeable students?

Virtual Information Session

Centennial College Recruitment Services for Employers

5:30 pm - 6:30 pm

Tuesday 22 February 2022

The session will include information on:

Hiring Co-op Students
Recruiting Field Placement Students
Available Graduate, Summer and Part-Time Recruitment Services
Applied Research, Capstone Projects and International Partnerships
Funding and Tax Credits

Co-op Students

Centennial College offers over 50 co-op programs in the fields of Business, Engineering Technology and Applied Sciences, and Transportation.

The co-op program gives our students a chance to gain meaningful work experience while allowing you to fill short-term staffing needs and assess potential full-time employees.

Students are available full-time for 4-month assignments (8- and 12-month work terms may be arranged)

Organizations that offer paid co-op opportunities may be eligible for the Ontario Co-operative Education Tax Credit (up to $3000 per student for each co-op work term)

If you are interested in hiring a co-op student, contact our staff by phone: 416-289-5209 or by email: cooped@centennialcollege.ca.

Field Placement Students

ICCC is Partner Organization at Panorama India's Republic Day Celebrations

Hybrid event:

All performances streaming live from Living Art Centre, Mississauga on social media & 30+ TV channels

Date:

Sunday 27 February 2022

Advertisement

India's Budget 2022

India’s economic growth in the current year is estimated to be 9.2 per cent, highest among all large economies. The overall, sharp rebound and recovery of the economy from the adverse effects of the pandemic is reflective of India’s country’s strong resilience. This was stated by India’s Minister for Finance and Corporate Affairs Hon. Nirmala Sitharaman while presenting the Union Budget in Parliament on 1 February 2022.

The Finance Minister said, India is celebrating Azadi ka Amrit Mahotsav and it has entered into Amrit Kaal, the 25-year-long leadup to India@100, the government aims to attain the vision of Prime Minister outlined in his Independence Day address and they are:

Complementing the macro-economic level growth focus with a micro-economic level all-inclusive welfare focus,

Promoting digital economy and fintech, technology enabled development, energy transition, and climate action, and

Relying on virtuous cycle starting from private investment with public capital investment helping to crowd-in private investment.

ICCC Weekly Newsletter – 28 January

Fri, 28 Jan 2022 15:12:54 GMT

Four bodies recovered on Canada-US border identified as belonging to Indian nationals

Statement issued by High Commission of India - Ottawa

Further to the report of the tragic death of four people, including an infant, whose bodies were recovered near the Canada-US border in Manitoba on 19 January 2022, Canadian authorities have confirmed the identities of the four deceased as;

(i) Jagdish Baldevbhai Patel, male, 39 yrs

(ii) Vaishaliben Jagdishkumar Patel, female, 37 yrs

(iii) Vihangi Jagdishkumar Patel, female, 11 yrs. and

(iv) Dharmik Jagdishkumar Patel, male, 3 yrs.

All the four were Indian nationals. The next of kin of the deceased have been informed. The Consulate General of India in Toronto is in touch with the family of the deceased and is providing all consular support. The High Commission offers its sincere condolences to the family and friends of the victims.

Canadian authorities have also, after medical examination, informed that based on the circumstances, the death of all the persons have been determined to be consistent with exposure to the outdoor elements. The High Commission of India in Ottawa and our Consulate in Toronto continue to work closely with Canadian authorities on all aspects of the investigation into this incident. A special team, led by a senior consular officer from the Consulate General of India in Toronto, is camping in Manitoba to assist ongoing investigations by Canadian agencies and to render any consular services for the victims.

People-to-people relations are an important pillar of India-Canada bilateral relations. Canada is a preferred destination for Indian immigrants and students. India and Canada work together to ensure the safety and well-being of all Indian immigrants into Canada. The two countries have a regular consular dialogue which takes up issues related to migration and welfare of citizens in each other’s territories.

On longer term issues that this tragedy has brought into focus the need to ensure that migration and mobility are made safe and legal and that such tragedies do not recur. A number of ideas remain under discussion between India and Canada. For instance, to prevent and suppress irregular migration, smuggling of migrants and trafficking in human being and to facilitate sustainable and circular mobility, India has proposed a comprehensive Migration and Mobility Partnership Agreement (MMPA) to Canada, which remains under the consideration of the Canadian government.

India's Republic Day Celebrations in Ottawa

Link to recording

Upcoming Programs

Indian Budget 2022 - Analysis

12:30 AM ET Wednesday 2 February 2022

This Virtual Panel Discussion by way of an analysis on Indian Budget 2022, brings in diverse set of analysis from proven leaders for a distilled understanding on the theme which is bound to enhance insights on how the proposals/ pronouncements will pan out. All those interested may register, tune-in on the appointed date and time of the event and benefit from the deliberations. Click here to register for the event.

The distinguished speakers are:

Dr. V. K. Vijayakumar, Chief Investment Strategist and Seasoned Budget Analyst, Geojit Financial Services

Mr. Ajay Srivastava, Addl. Director General of Foreign Trade, DGFT Ministry of Commerce, Govt. of India.

Dr. B. Santha Kumar, Practicing Chartered Accountant & Taxation Expert, Managing Partner, SKV & Associates.

Moderator

Prof. (Dr) N. Krishna Kumar, Dean, State Bank Institute of Leadership, Kolkata

You may send in your questions for the speakers during registration or ask at the Q&A session towards the end of the program.

Global Warming & Climate Change

2:00 PM Monday 14 February 2022

The Indo-Canada Chamber of Commerce in collaboration with the International Forum of Meteorological Societies (IFMS) is organizing a virtual session on global warming and climate change.

The session will comprise:

Dr. Ahluwalia’s presentation on Causes of Global Warming & Climate Change its Remedies and How to cope with the effects of GW&CC

Jim Abraham’s presentation on the Measures federal and provincial governments are taking to safeguard Canadians from the potential disastrous effects of GW&CC

Are you looking to hire highly skilled, knowledgeable students?

Virtual Information Session

Centennial College Recruitment Services for Employers

5:30 pm - 6:30 pm

Tuesday 22 February 2022

The session will include information on:

Hiring Co-op Students
Recruiting Field Placement Students
Available Graduate, Summer and Part-Time Recruitment Services
Applied Research, Capstone Projects and International Partnerships
Funding and Tax Credits

Co-op Students

Centennial College offers over 50 co-op programs in the fields of Business, Engineering Technology and Applied Sciences, and Transportation.

The co-op program gives our students a chance to gain meaningful work experience while allowing you to fill short-term staffing needs and assess potential full-time employees.

Students are available full-time for 4-month assignments (8- and 12-month work terms may be arranged)
Organizations that offer paid co-op opportunities may be eligible for the Ontario Co-operative Education Tax Credit (up to $3000 per student for each co-op work term)

If you are interested in hiring a co-op student, contact our staff by phone: 416-289-5209 or by email: cooped@centennialcollege.ca.

Field Placement Students

ICCC is Partner Organization

at Panorama India's Republic Day Celebrations

Venue: Living Art Centre, Mississauga

Date: To be announced

Advertisement

ICCC Weekly Newsletter - 14 January

Mon, 17 Jan 2022 15:11:57 GMT

ICCC Weekly Newsletter

14 JANUARY

Image: Sanjeev Malik

DID YOU KNOW?

India has two types of calendars - solar calendar and the lunisolar calendar. Like the Roman (Julian) calendar, the Indian national calendar is a solar calendar with 365 days [with a slightly different way to account for the leap years]. Thus, the calendar starts every year on March 21/22, the Makara Sankranti [Pongal] falls every year on Jan 14/15, the Mesha Sankranti [Vishu] falls every year on April 14/15 and the Mithuna Sankranti [Raja] on June 14/15

Sankranthi (or rather Makar Sankranthi) as the names suggest is a movement of the Sun into the constellation of Makara (know as Capricorn in English). So, it is not related to the movement of the moon. It would have correlated to the dates on the Hindu calendar only if it was related to the movements of the moon. Pongal is a harvest festival, which again is related to the seasons that are dependant on the Sun rather than the movements of the moon.

By the way, there are many festivals that fall on similar dates on the English Calendar, like the festivals of Vishu, Baisakhi and others fall around the same dates. Again, these are based on solar movements hence match with English Calendar.

President's View

RIPUDAMAN SINGH DHILLON

Hope springs eternal

The appointment of Cameron MacKay as Canada’s High Commissioner to India is a welcome announcement. Along with MacKay, new Consul Generals have been appointed in Mumbai, Chandigarh and Bengaluru. Global Affairs Canada made the announcement on 22 December. A day later, Ministers Mary Ng and Piyush Goyal held talks to discuss bilateral trade ties.

Canada’s new thrust on the Indo-Pacific front has been gathering momentum, with overtures to South-East Asian countries, and especially Taiwan. Canada’s initiatives will have to necessarily involve India. The new appointments in the high commission in New Delhi and consulates in India will hopefully bring about a new thrust in restarting the long-dormant Canada – India ties that everyone agrees has unrealized potential that has long been neglected by both the countries.

Pertinently, it is necessary to engage the Indo-Canadian diaspora in this effort. The steadily growing diaspora is rapidly changing in complexion especially following the changes in the immigration regulations. Indians coming to Canada are qualitative different from those that came five years ago. It is necessary to involve them, as well as those who have been here for long, and have established themselves into the process of making Canada – India economic relations more meaningful.

Facing the Omicron variant - Support to small businesses

Chrystia Freeland

In recent weeks, most parts of Canada have announced new lockdowns or other public health restrictions. Many of these restrictions have an impact on people’s jobs and their businesses. I would like to reassure Canadians, by reminding them that the federal government has made sure that economic support is available to you if you need it.

Last week, applications opened for the Canada Worker Lockdown Benefit. If you are a worker in a region that is locked down or subject to 50 per cent capacity restrictions – and if you have lost 50 per cent or more of your income as a direct result of those restrictions – you can be eligible to receive $300 a week. You can now apply online directly through the Canada Revenue Agency.

We also know that businesses, especially small businesses, need support.

That’s why we have in place the Local Lockdown Program, which will provide wage and rent subsidy support of up to 75 per cent to employers who have had to reduce the capacity of their main business by 50 per cent or more. And I will remind business owners that we have also temporarily lowered the revenue decline threshold from 40 per cent to 25 per cent.

There is also further rent support of an additional 25 per cent that is available for businesses subject to a full lockdown.

Expanded eligibility for both the wage support and the rent support runs from December 19, 2021, through to February 12, 2022.

For businesses facing other pandemic-related losses, support is also available through the Tourism and Hospitality Recovery Program and the Hardest-Hit Business Recovery Program.

Our government takes seriously our responsibility to be prudent managers of public finances and we expect eligible Canadian companies to respect this support and use it only when needed.

ICCC Weekly Newsletter – 6 JANUARY

Fri, 07 Jan 2022 02:00:00 GMT

Just when you thought it was safe...

In 1975 Steven Spielberg made Jaws, a movie that changed idiom of popular cinema forever. Its success was unprecedented and three years later a sequel was on its way. The tagline for Jaws 2 was “just when you thought it was safe to go back in the waters…”

The world’s experience with COVID-19 has been somewhat similar. Just when everyone seems to get a bit relaxed, and life of normalcy is seemingly just around the corner, another variant spring practically out of nowhere, and everyone scurries back indoors, waiting for the immediate danger to subside. There have been many virus variants since March 2020, and the most recent one – Omicron – that emerged in November 2021 in South Africa appears to have taken the world by storm.

The World Health Organization (WHO) had warned in December 2021 that an Omicron tsunami would sweep the world, leading to unprecedented number of people getting affected by the new variant. While epidemiologists concur that this variant is not as toxic as the previous variants, it is certainly more contagious and quicker to spread.

It isn’t surprising that Omicron has crossed a million mark in the United States. So overwhelmed are governments across the globe that some of them have even abandoned counting the number of people afflicted by the variant.

However, it appears that the virus’s spread has peaked, and that the world may soon be emerging out of its thrall. But as we have seen in the past two years, just when everything appears to be returning to normal, we see a new variant emerge (IHU).

Are you looking to hire highly skilled,

knowledgeable students?

Co-op Students

Centennial College offers over 50 co-op programs in the fields of Business, Engineering Technology and Applied Sciences, and Transportation.

The co-op program gives our students a chance to gain meaningful work experience while allowing you to fill short-term staffing needs and assess potential full-time employees.

Students are available full-time for 4-month assignments (8- and 12-month work terms may be arranged)

Organizations that offer paid co-op opportunities may be eligible for the Ontario Co-operative Education Tax Credit (up to $3000 per student for each co-op work term)

If you are interested in hiring a co-op student, contact our staff by phone: 416-289-5209 or by email: cooped@centennialcollege.ca.

Field Placement Students

Virtual Employer Session for ICCC Members

Date / time & registration information to be announced soon

Sweeping economic impact of digital loonie

Federal documents hint at sweeping economic impact from central bank ‘digital loonie’. The Finance Department has looked at legislation linked to a central bank digital currency.

Internal government documents show Finance Department officials believe there could be sweeping implications for the economy if the Bank of Canada ever issued its own cryptocurrency.

According to a Canadian Press report of 3 January 2022, the Bank of Canada has spent years looking at whether to introduce a digital currency, but so far hasn’t seen an immediate need to issue one. In one briefing note from last January, officials warned Finance Minister Chrystia Freeland that the issuance of a central bank digital currency would entail “wide-reaching implications for the economy, the financial system” and the Bank of Canada’s operations.

The documents also show the central bank held a series of meetings with federal officials over the course of 2020 to gauge the implications of a “digital loonie” on departments and agencies. Large swaths of the documents obtained by The Canadian Press under the access-to-information law have been blacked out because the department says they contain sensitive government information.

But what remains suggest some federal concerns about a central bank digital currency, with departments wanting to provide more input before a decision is made. The Bank of Canada has upped the pace of its work on a digital currency, mirroring efforts by counterparts in other countries as the Covid-19 pandemic accelerates the transition to a digital economy.

The bank only plans to issue a digital currency if the use of physical bills for transactions plummets and one or more private cryptocurrencies, such as Bitcoin, become widely used in Canada.

ICCC is Partner Organization at Panorama India's

Republic Day Celebrations

5 fun facts about gold investments

1. 2nd most common use of gold is investing, right after jewellery. In 2019, 282 metric ton (that is 282,000 kilograms) of gold valued at approximately $4billion was used for investment purposes.

2. Two countries make up 50% of demand – India and China together make up for 50% of the current global gold demand.

3. The gold investment market is untapped – Globally, gold makes up less than one percent of the investment portfolios.

4. Mined gold doesn’t respond to price changes quickly – instead, recycling is the source of gold supply that is most responsive to economic shocks.

5. 90% of recycled gold comes from jewellery. The remaining 10% of recycled gold is extracted from technology like computers and cell phones.

Advertisement

ICCC Weekly Newsletter 01 January 2022

Sat, 01 Jan 2022 22:15:05 GMT

President's View

RIPUDAMAN SINGH DHILLON

Governments need support to change strategy to combat
Covid-19 variants

The rapidity with which the Omicron variant of Covid-19 is spreading throughout the world has been astonishing. The global economy, beset with the pandemic since March 2020, was just beginning to emerge out of the shadows. Just when it seemed that it was moving out of the morass, it is facing headwinds again. Globally health authorities have reached a consensus that omicron is not as toxic as the previous variants. However, it is highly contagious. In Ontario alone the cases have risen to 18,000+ within less than a week – the highest number since the outbreak of Covid-19 in early 2020.

The new measures that the Ontario government has announced about the polymerase chain reaction (PCR) testing, which will restrict the publicly funded tests only to a select group are necessary in view of the rapidity, contagiousness, and the recurrence of the new variant of the virus. When double and three-times vaccinated people are testing positive, there is a definite need to rethink the approach to combatting the pandemic.

It is becoming clear that the state-enforced economic lockdown is unsustainable eventually. It is a drain on public finance, and a death knell for small businesses. If anything, the economic lockdown has created more inequalities in the society, with large corporations becoming larger, and small businesses finding it hard to survive.

Even the reduction of the self-quarantine period to five days is a welcome measure, although its efficacy remains to be proven. If omicron variant is not as toxic, there is no need for an extended two-week self-quarantine period for all those who show symptoms of the virus.

Finally, we will have to come to terms with the virus and its variants. It is unlikely that we will see the back of Covid-19 soon. Globally, the governments will have to formulate calibrated strategies that aim to achieve minimal economic disruption, and factor that minority population which will refuse to get vaccinated. Admittedly, these are not easily achievable goals. Governments everywhere and at all levels need the universal support to continue remain flexible with policies in dealing with the ever-changing situation.

Omicron variant

ICCC in the News

Indo-Canadian luminaries honoured with Order of Canada

Her Excellency the Right Honourable Mary Simon, Governor General of Canada, announced 135 new appointments to the Order of Canada. The list included V.I. (Lucky) Lakshmanan, Bob Dhillon and Pradeep Merchant.

All the three have long-standing ties with the Indo-Canada Chamber of Commerce. Lakshmanan is the recipient of the ICCC’s Lifetime Achievement Award in 2019. Both Bob Dhillon and Pradeep Merchant have served on the ICCC’s Advisory Board in the past.

The citations note the following achievements for the three recipients

Vaikuntam Iyer Lakshmanan, O.C.: For his philanthropy and for his expertise in hydrometallurgy and business, which have greatly benefited his profession, community and Canada-India relations.

Navjeet Singh Dhillon, O.C.: For his achievements in business, and for his unwavering commitment to philanthropy and higher education.

Pradeep Merchant, C.M.: For his longstanding contributions to his community, including his philanthropy and his leadership in the promotion of bilateral ties between Canada and India.

The ICCC President Ripudaman Singh Dhillon offered his heartiest congratulations to the three recipients of the honour. He said, “It is indeed an honour for our Chamber that such luminaries of our Indo-Canadian community have been bestowed with such a prestigious recognition. All the three have been actively associated with our Chamber for several years, and have contributed to both our Chamber and to our community in multiple ways. They are a beacon of inspiration.”

Order of Canada

Perspective

ICCC's Startup Initiative

SANJAY KULKARNI

First of all, the ICCC welcomes the Consulate General of India to be our official partner in this initiative. The CGI has been a great supporter in this effort from the beginning.

The following are three core objectives of the Startup Initiative at ICCC:

To help start-ups in India and Canada by connecting them with members of our community who are already active in this area or who want to participate in this growing sector
Commercial relationships are welcome to develop later but primary objective is to help the entrepreneurs and
To create awareness in our membership of this rapidly growing sector of the economy in both countries

Screengrab of virtual session of ICCC's Startup Initiative

The core mandate of ICCC is to promote trade between India and Canada. The start-up sector is growing at a tremendous speed in both countries. Therefore, it is logical that we play an important role in this arena. In addition to existing growing sectors such as technology and biotech, our focus will be on the ESG sector (Environment, Social, and Governance), the fastest growing sector for the next few years.

The board of directors met with Honorable High Commissioner of India to Canada, His Excellency Ajay Bisaria. He indicated that the ICCC should take initiative in this area. A Start-up committee was formed with Mr. Sanjay Kulkarni, Director of Strategy and Start-ups, Mr. Ripudaman Dhillon, President and Mr. Virender Rathi, Corporate Secretary as active members of the committee.

We signed an Memorandum of Understanding with BRTSIF – a foundation set up by BSE Institute Ltd. and BIL Ryerson Futures Pvt. Ltd. to promote startups and support the government of India’s vision for entrepreneurship development and innovation culture.

In collaboration with BRTSIF, the ICCC had two successful events on 28 November 2021 and 18 December 2021, where six start-ups from Zone Start-ups India presented in each sessions.

Mrs. Apoorva Srivastava, the Consul General of India, Toronto and Mrs. Nina Tangri, Associate Minister of Small Business and Red Tape Reduction were chief guests. The response from participants was encouraging. Many of the participants are looking forward to future events and they want to play an active role in this initiative.

Our target is to cover at least 100 start-ups in 2022. We are told by our partners that we will far exceed this target. With our partners, Zone Start-ups India, 24 start-ups will participate by the end of January 2022. We are in the process of forming partnerships with other start-up groups.

Insight

Awareness Campaign of IFMS about

Global Warming and Climate Change

DR. HARINDER ALHUWALIA

The International Forum of Meteorological Societies (IFMS) unites the National Meteorological Societies (NMSocs) of the World in the same manner as UN Agency World Meteorological Organization (WMO) does for National Meteorological Services (NMS) of the World.

The main objective of this Volunteer-based organization is to assist and bolster the efforts of WMO and the World Bank Group (WBG) in building capacity around the world for accurate weather forecasting which is important not only for disaster management but also for the economic wellbeing of every country.

IFMS creates collaboration between National Meteorological Societies to make them stronger than they would be by themselves and connects all of them to WMO and WBG. In addition, it aims to create awareness among professionals, general public, politicians and bureaucrats about weather and water related issues.

Session 4 of IFMS Global Conference

In order to create awareness about Global Warming and Climate Change (GW&CC) which is creating a lot of news around the world, IFMS devoted Session 4 of its Conference on December 8, 2021 on this very important subject. The Public Lecture given by the author of this article consisted of 2 parts:

Part 1: Public Lecture on “Causes of Global Warming & Climate Change (GW&CC), its Remedies and how to cope with its effects”.

Part 2: Panel Discussion by 5 Experts in this area on the topics discussed on in Part 1.

There were two sub-parts to the Public Lecture on the issue of GW&CC. The first part was to understand what is causing Global Warming, how we can get more information and how we can reduce it. The second part was: knowing that GW&CC is happening and is intensifying over time, how we can protect our lives and properties from the natural disasters caused by GW&CC.

In the first sub-part, we discussed the following issues:

a) What is GW&CC and what is causing it?

b) How we can reduce, if not eliminate, it?

c) What are the impacts of GW&CC on our health/life and property?

d) Where we can learn much more about it?

In the second sub-part it was stated that knowing that GW&CC is happening, how we can protect ourselves from its adverse effects. The following topics were covered:

i. What is required to protect ourselves e.g., accurate impact-based weather forecasting, Multi-Hazard Early Warning Systems, building Institutional and Societal Capacity, etc.

ii. What is IFMS doing in Capacity Building in the above areas.

Significance of average temperature rise was explained. The current situation is that average temperature has risen by 1.1o over the preindustrial age (late 19th Century). If it goes to an average of 1.5o, there will be very significant number of disasters. Anything beyond 1.5o will cause great devastation.

In Part 2, we had a very strong panel to discuss the GW&CC and respond to the questions posed by participants in this Session. It consisted of the following experts:

Dr. Michael Farrar (President of the American Meteorological Society) as the Moderator and the following 5 persons as Panelists: Dr. Mrutyunjay Mohapatra (Director General – India Meteorology Department), Prof. Tsegaye Tadesse (University of Nebraska), Dr. Ladislaus Chang’a (Director R&D in Tanzanian Meteorological Agency), Mr. Zablon Shilenje (WMO-R1(Africa) -Technical Officer) and Mr. K. Y. Camyale Chao (Executive Director of ICDI)

After the Moderator Dr. Mike Farrar, President of the American Meteorological Society introduced the Panel and each member of the Panel presented the status of preparedness in his country, their Opening Remarks were followed by a Question-and-Answer (Q&A) period.

Our unpreparedness against COVID-19 pandemic has destroyed the economies of many countries and the damage caused by the disasters due to GW&CC could be even more debilitating for the safety of our citizens and our economies.

Session 5 of IFMS Global Conference

Because of the fact the GW&CC is happening and is resulting in disasters, therefore, our next Session of the Conference was on Multi-Hazard Early Warning Systems (MH-EWS). Two experts from European Union Prof. (Dr.) Daniel Sempere and Dr. Xavier Llort, who have already implemented such systems for Europe and many of its constituent countries, gave a very impressive presentation on MH-EWS which was greatly appreciated by attendees.

They spoke about what it takes to forecast adverse events accurately and convert them into impact-based forecasts related to specific strategic areas to be protected which is a change in forecasting paradigm.

Then Panel consisting of a Moderator (Dr. Harinder Ahluwalia), a Co-Moderator (Prof. Oscar Frumento) and the following 5 international experts provided their Opening Remarks which was followed by a Q&A period:

Dr. Agnes Kijazi (Director General TMA), Mr. RC Bhatia (Retd. ADG-IMD), Mr. Jim Abraham (President of CMOS) and the two presenters mentioned above.

Conclusions

GW&CC is causing a huge concern to all nations because glaciers are melting causing ocean level to rise and weather-related disaster are prevalent in almost all nations. If the average temperature rises above 1.5o, a lot of more destruction will occur. Therefore, it is an important duty of organizations like IFMS to educate people about what is going on and what they need to do to save our planet. It is the duty of every citizen to understand the causes of Global Warming and how we can control them by our daily actions. We also need to create Institutional and Societal capacity to understand what to do in case of disasters.

IFMS is offering Public Lectures on these issues to any organization which would like to educate its members.

IFMS, being a world-wide organization, which the author is leading, is trying to create awareness and capacity to safeguard the society at large.

Recovery Activation Program

Small businesses that are new to the Recovery Activation Program (RAP) can still complete their Digital Needs Assessment (DNA) on www.rap.bot.com for free by enrolling in our upcoming segments for the RAP Digital Certificate Program.

After completing at least one program stream, candidates can submit their applications for grant funding by answering three questions and providing eligibility information. If applicants have previously completed a RAP stream, they can proceed directly to the application process and submit their details. The answers submitted by the prospective grantees will be evaluated by a panel of experts from TRBOT. The application window will close on January 10, 2022.

To learn more about the Lenovo Digital Transformation Grant, please visit please visit https://bot.hostedincanadasurveys.ca/815866?lang=en

ICCC's Partner in Success

Range Enterprise comes on board as
ICCC's Affinity Partner

Range Enterprise, one of Canada’s fastest growing corporate gifting companies, has become ICCC’s Affinity Partner. Check out here the range of corporate gift it offers, and avail 10 percent discount on rack rates.

Indo-Canada Chamber of Commerce

924 The East Mall Toronto ON M9B 6K1

T: (416) 224-0090

E: iccc@iccconline.org

W: www.iccconline.org

ICCC Weekly Newsletter 15 December 2021

Wed, 15 Dec 2021 17:20:28 GMT

ICCC Executive Team Meets MPs and MPPs

The Executive Committee members of the Indo-Canada Chamber of Commerce’s (ICCC) board met with MPs and MPPs of the Peel Region to follow up on the meet and greet programs that the ICCC had organized to felicitate these people’s representatives in November 2021. The meetings will continue throughout December 2021.

Arvind Bhardwaj, Rakesh Joshi, & Ripudaman S Dhillon
with Hon. Sonia Sidhu

Arvind Bhardwaj, Ripudaman S Dhillon, & Rakesh Joshi
with Hon. Nina Tangri

Arvind Bhardwaj, Ripudaman S Dhillon with Hon. Sara Singh

Ripudaman S Dhillon with Hon. Kaleed Rasheed

Hon. Kevin Yarde during a virtual call with ICCC Executive Team

Rakesh Joshi & Ripudaman Singh Dhillon with
Hon. Sheref Sabawy

Among the MPs that the Executive Team met and will meet include

Hon. Sonia Sidhu (Brampton South)
Hon. Iqra Khalid (Mississauga – Erin Mills)
Hon. Shafqat Ali (Brampton – Centre)
Hon. Maninder Sidhu (Brampton – East)
Hon. Ruby Sahota (Brampton – North)

Among the MPPs, that the Executive Team met and will meet include

Hon. Nina Tangri (Mississauga – Streetsville)
Hon. Kevin Yarde (Brampton – North)
Hon. Kaleed Rasheed (Mississauga East – Cooksville)
Hon. Sheref Sabaway (Mississauga – Erin Mills)
Hon. Rudy Cuzzetto (Mississauga – Lakeshore)
Hon. Sara Singh (Brampton – Centre)

The topics of discussion with each of these people’s representatives were different and ranged from

Expanding the network of ICCC’s outreach among different ethnic chambers such as Black Chamber of Commerce and the Egyptian-Canadian Chamber of Commerce
Proactively working with MPs and MPPs to alleviate the challenges faced by international students studying in Canadian educational institutions
Involving the ICCC in working with Canada and India in the Indo-Pacific initiative that both the countries have launched, and to work proactively to have a role for the ICCC in the ongoing CEPA negotiations
Working with the MPs and MPPs to move ICCC headquarters to Brampton

Virtual Meeting with Mayor Bonnie Crombie

The ICCC Board members had a virtual meeting with Her Worship Bonnie Crombie, the Mayor of Mississauga Monday 13 December 2021. The purpose of the call was to introduce the newly elected board to the Mayor and to continue working in close cooperation with both the Mayor and the City. During the call, the Mayor lauded the ICCC for its continued role in advocating for Canadian small businesses.

Ripudaman Singh Dhillon, President, ICCC, assured the Mayor that under the new board, the ICCC would continue to maintain the same level of cooperation with Mississauga. Mr. Dhillon invited Mayor Crombie to the ICCC to deliver the State of the City address which used to be a part of the ICCC’s annual calendar until the pandemic prevented all in-person events.

Canada pledges billions to battle likely Omicron fallout

“By delivering significant fiscal policy support to the economy and avoiding the harmful austerity policies that followed 2008, our investments have supported a rapid and resilient recovery so far. In fact, we have recovered 106 per cent of the jobs lost at the peak of the pandemic. But we know there is more to do, and the future remains uncertain. As Omicron has reminded us, COVID-19 threatens us still. As 2021 draws to a close, finishing the fight against COVID-19 remains our most important national project.”

Chrystia Freeland, Deputy Prime Minister and Minister of Finance

Hon. Chrystia Freeland, Deputy Prime Minister and Minister of Finance, released the Economic and Fiscal Update 2021 on 14 December 2021. The document provides Canadians with a transparent report of the nation’s finances and updates Canadians on the government’s plan to finish the fight against COVID-19, support Canadians and Canadian businesses, and ensure a strong recovery for everyone.

To protect Canada’s economic resilience in the face of possible resurgences of the virus, the government is moving forward on proposed measures including the Canada Worker Lockdown Benefit and Local Lockdown Program, which would deliver needed support to local economies and their workers should restrictions be required. Furthermore, the government has laid out a plan to help prevent outbreaks at workplaces and schools, including improvements to indoor ventilation and air quality. It is also moving forward with 10 days of paid sick leave for workers in federally regulated workplaces.

The federal government continues to support Canadians and Canadian businesses in sectors particularly hard hit by the pandemic to foster an inclusive economic recovery. A new $60-million fund will deliver support for workers in the live performance sector. Targeted support programs will continue to provide wage and rent subsidies to tourism and hospitality businesses, as well as organizations that are facing deep and enduring losses. To help address labour shortages and help businesses grow, the government is taking action to reduce immigration processing backlogs.

While economic reopenings have created jobs and rejuvenated the economy, they have also brought new global challenges, including inflation. Factors like global supply chain disruptions and climate change impacts are driving up the prices of energy, groceries, and other everyday goods. Yesterday, the Government of Canada renewed the Bank of Canada’s two-per-cent inflation target to help ensure that the current inflation rate does not become entrenched. The government is committed to making life more affordable for the middle class and those working hard to join it, including through significant investments in early learning and child care that will save young families thousands of dollars a year.

FDI in India in 2020-21

Highest ever annual inflow of US$ 81.97 billion
despite COVID disruptions

Hon. Som Prakash, Minister of State, Commerce

Investment Promotion activities are carried out by Government to attract more investments in the country. As a part of steps being taken to improve private interest and investment, ‘Make in India' initiative was launched on September 25, 2014, to facilitate investment, foster innovation, building best in class infrastructure, and making India a hub for manufacturing, design, and innovation. Investment outreach is being done through Ministries, State Governments and Indian Missions abroad for enhancing international cooperation for promoting Domestic and Foreign Direct Investment (FDI) in the country.

In addition to ongoing schemes of various Departments and Ministries, Government has taken various other steps to boost domestic and foreign investments in India. These include reduction in Corporate Tax Rates, easing liquidity problems of NBFCs and Banks, improving Ease of Doing Business, FDI Policy reforms, Reduction in Compliance Burden, policy measures to boost domestic manufacturing through Public Procurement Orders, Phased Manufacturing Programme (PMP), Schemes for Production Linked Incentives (PLI) of various Ministries. To facilitate investments, measures such as India Industrial Land Bank (IILB), Industrial Park Rating System (IPRS), soft launch of the National Single Window System (NSWS), National Infrastructure Pipeline (NIP), National Monetisation Pipeline (NMP), etc., have also been put in place.

India registered its highest ever annual FDI inflow of US$ 81.97 billion (provisional figures) in the financial year 2020-21 despite the COVID related disruptions. In the last seven financial years (2014-21), India has received FDI inflow worth US$ 440.27 billion which is nearly 58 percent of the FDI reported in the last 21 years (US$ 763.83 billion). These trends in India’s FDI are an endorsement of the country’s status as a preferred investment destination amongst global investors.

This information was given by the Minister of State in the Ministry of Commerce and Industry, Hon. Som Parkash, in a written reply in the Lok Sabha on 15 December 2021.

TAKE OFF

ICCC's Startup Initiative

9:30 am Sunday 19 December 2021

The Indo-Canada Chamber of Commerce (ICCC) in collaboration with BRTSIF is organizing a virtual meeting between Indian startups and Canadian investors and service providers.

This virtual event will be of 90 min duration. 15-20 minutes for initial formalities and then 70 minutes for 7 startups to make their presentations.

The startups need help in these areas:

Banking and supply of capital
Mentorship
Immigration (business visas)
Help to set up business
General business help

If you are interested in participating in this program, please write to Sanjay Kulkarni at iccc@iccconline.org

BRTSIF is a foundation set up by Bombay Stock Exchange Institute Ltd. and BIL Ryerson Futures Pvt. Ltd. to promote startups and support the government of India’s vision for entrepreneurship development and innovation culture.

Recovery Activation Program

To learn more about the Lenovo Digital Transformation Grant, please visit please visit https://bot.hostedincanadasurveys.ca/815866?lang=en

ICCC's Partner in Success

Range Enterprise comes on board as
ICCC's Affinity Partner

Kolkata's Durga Puja on UNESCO list of Intangible Cultural Heritage of Humanity

Complete list

Indo-Canada Chamber of Commerce

924 The East Mall Toronto ON M9B 6K1

T: (416) 224-0090

E: iccc@iccconline.org

W: www.iccconline.org

ICCC Weekly Newsletter – 08 December 2021

Thu, 09 Dec 2021 02:00:00 GMT

PRESIDENT'S VIEW

RIPUDAMAN SINGH DHILLON

As we ring in the holiday season and bring 2021 to an end, I was keen to share my views with our members and stakeholders. Mainly I want to share our achievements of the last few months, and share plans for 2022, which hopefully will bring in a new phase of activities at our institution.

In November 2021, when it seemed that we had put the pandemic behind us, we organized five in-person events that were unprecedented in scale and scope. Participation in these events were by invitation, and the purpose was to invite potential members, sponsors so that they could gauge the reach of the Chamber in the Canadian mainstream.

See the short video clips of the five events.

We are hopeful that 2022 will be different. It appears that our hope is based on a majority sentiment of Canadian businesses expressed in a survey conducted by the Business Development Bank of Canada (BDC). The key findings of the survey, released on 8 December 2021 are:

84% of businesses are planning to maintain investments or invest more in the next 12 months
74% of businesses expect Canadian economic conditions will improve or remain the same
83% of businesses expect their sales will increase or remain the same, with accommodations and food services businesses the most optimistic.
55% of businesses are experiencing difficulties hiring qualified workers.

See the BDC survey here.

In retrospect, 2021 turned out to be no different than 2020 as the world grappled with the scourge of Covid-19. The variants of the virus continued to surprise the world, even as the global medical fraternity and the pharmaceutical industry strenuously tried to control its spread. The sudden resurgence and the quick spread of the Omicron variant will unfortunately ensure that 2022 may well turn out to be no different than 2021 and 2020.

The lessons that we have learnt over the last nearly 20 months are straightforward – we have to forget that we will be putting the coronavirus behind us soon. It is likely to be with us for a prolonged period. But that shouldn’t mean that we continue with the economically crippling lockdown. In most parts of the world, the lockdown has proved to be economically devastating, especially for small businesses.

Vaccination is the only answer and there is an urgent need to ensure that vaccination is, if necessary, enforced. It is only when the entire population is vaccinated that we will be able to bring normalcy to the world economy.

In this context, the opposition to vaccination that is proliferating in some parts of the world and in some sections of the Canadian population are coming in the way of tackling the spread of the virus. While respecting the individual’s right to choose to be vaccinated, it needs to be emphasized that an individual’s right cannot be above the rights of the society and majority of the population that has clearly taken to vaccination.

India @ 75 - Quiz for Youth

India is celebrating ‘Azadi Ka Amrit Mahotsav’ to commemorate the 75 Years of India’s independence. To commemorate the occasion of India @75, Ministry of External Affairs, Government of India, is organising “Azadi ka Amrit Mahotsav” online Quiz at portal: www.akamquiz.in for the overseas Indian/Foreign youth to awaken the curiosity of the new generation to know more about India so that they develop an all-round understanding of India. Registration to participate in the Quiz has commenced on 1 December 2021 and will end on 31 January 2022.

Details

India Fights Covid-19

Impact of Covid-19 on Canadian families

The pandemic presented a long list of threats to the mental and physical well-being of children, parents and educators across the nation. To help end the pandemic and return to normalcy, policy makers had to make difficult choices, such as closing schools. With our guest, Dr. Kelley Zwicker, a pediatrician at CHEO, we discussed the potential short- and long-term effects of the school closures on children and their parents.

Podcast

AP Export Action Plan

The Andhra Pradesh Trade Promotion Corporation, Department of Industries, Commerce & Export Promotion, Government of Andhra Pradesh recently unveiled the Andhra Pradesh State Export Action Plan 2021.

The Action Plan features innovative ideas to serve as handy trade guide by incorporating the requisite details for traders as well as to give guidance and direction to the trade and exports community so as to help the State achieve the vision of doubling exports from the State by 2030, and to establish Andhra Pradesh, In line with initiatives from the Ministry of Commerce, Government of India, as an economic hub on the East Coast.

Andhra Pradesh State Government is making efforts to show-case to the world the strength and product availability from the State. It contains individual district plans to bring a collaborative competition among the stakeholders and promoting district as export hub.

Download

TAKE OFF

ICCC's Startup Initiative

9:30 am Sunday 19 December 2021

The Indo-Canada Chamber of Commerce (ICCC) in collaboration with BRTSIF is organizing a virtual meeting between Indian startups and Canadian investors and service providers.

This virtual event will be of 90 min duration. 15-20 minutes for initial formalities and then 70 minutes for 7 startups to make their presentations.

The startups need help in these areas:

Banking and supply of capital
Mentorship
Immigration (business visas)
Help to set up business
General business help

If you are interested in participating in this program, please write to Sanjay Kulkarni at iccc@iccconline.org

Recovery Activation Program

To learn more about the Lenovo Digital Transformation Grant, please visit please visit https://bot.hostedincanadasurveys.ca/815866?lang=en

ICCC's Partner in Success

Range Enterprise comes on board as ICCC's Affinity Partner

Indo-Canada Chamber of Commerce

924 The East Mall Toronto ON M9B 6K1

T: (416) 224-0090

E: iccc@iccconline.org

W: www.iccconline.org

India@75 – Quiz for Youth

Wed, 08 Dec 2021 20:02:11 GMT

Flyers on AKAM Quiz are attached herewith.

Following are the guidelines for the participants to participate in the AKAM Quiz:

I. Eligibility: The Online Quiz is open for overseas Indian/Foreign youths in three distinct categories of participants – PIOs, NRIs & Foreign Nationals between the age of 16 and 35 years as on 1 January 2022 (Born on or after 1 January 1987 and on or before 31 December 2005).

i. Persons of Indian Origin (PIOs) Category: A participant under this category must hold a valid PIO/OCI Card or either of his parents or one of his grandparents from the maternal or paternal side must be PIO/OCI card holders.

ii. Non-Resident Indians (NRIs) Category: A participant can be an NRI with a valid Indian passport and work permit of the country of residence, certifying his/her NRI status provided he/she has resided in a foreign country for a minimum of 182 days in the year 2021.

iii. Foreign Nationals (FNs) Category: A participant is a Foreign National, if he/she possesses the nationality of some other country and he/she or his/her family does not have any links with India w.r.t their ancestry.

iv. Verification of Credentials: PIO, NRI or Foreign National status of winners of AKAM Quiz will be verified by the Government of India through its Embassy/High Commission in the respective country. In case the status is not verified, the participant will be disqualified and next in line will be declared the winner.

II. Entry Fee: There is no entry fee for participation in the AKAM Quiz. Participants will not be asked to make any payments at any stage of the Quiz.

III. Quiz Structure: The Quiz will be conducted in ONE round only. It is an online quiz with a single session of 60 minutes for 60 questions. The top 3 participants in each category i.e. NRI, PIO/OCI and Foreigner in each country would be declared the winners.

(a). AKAM Quiz Contents:

Contents of the Quiz will include the following topics:

A. Indian Mythology

B. Indian History till 1857

C. Freedom Struggle (1857-1947)

D. Indian polity and Constitution

E. Modern India till 2021 which will include:

i. Economy

ii. Language and Literature

iii. Scientific Achievements

iv. Development

v. Cinema

vi. Sports

F. Indian Geography

G. Environment & wildlife

H. Art & Architecture:

i. Indian Music & Instruments

ii. Drama, Theatre and Dance Forms

iii. Indian handicrafts

I. Well known personalities of India

J. Awards and Honours

K. Miscellaneous

Some reading material will be uploaded on the website for participant’s reference.

Disclaimer: The questions in the online Quiz will not be limited to the content supplied by the organizers. This content would be provided as an aid to participants and is indicative and does not constitute the ‘syllabus’ of this online test for the Quiz. Participants are free to refer to other sources of information to prepare for the Quiz.

(b) Online Registration: It is mandatory for the candidates to complete online registration at portal www.akamquiz.in in order to participate in the online quiz. Following fields need to be submitted for registration:

(I) Category (PIO/ NRI / Foreign National)

(ii) First Name

(iii) Last Name

(iv) DATE OF BIRTH

(v) City / country of residence

(vi) Email id

(vii) Social Profile (any one of Twitter or Facebook)

(viii) Mobile number for WhatsApp

(ix) Profession

(x) Nationality

(xi) Passport Number

(xii) OCI Card details or proof of Indian origin

(xiii) Proof of NRI status (Details of Visa/Resident Permit)

The participant is required to generate a unique user name and password by registering online at the portal www.akamquiz.in. Registration for AKAM Quiz has commenced from 01 Dec 2021 and would remain open till 31 Jan 2022.

IV. Rules:

(a) Rules for AKAM Quiz:

i. All registered participants will be eligible to take part in the AKAM Quiz.

ii. AKAM Quiz has commenced on 01 January 2022 and will end on 31 January 2022.

iii. Questions would be based on the topics mentioned above. A participant will have to answer 60 multiple choice questions in 60 minutes.

iv. Each Question will have 4 answer options out of which only one is correct. To select an answer, click on one of the option buttons. To change the answer, click another desired option button. The participant must then press the ‘SAVE’ button. A participant can shuffle between questions any time during the quiz as per convenience. Candidates are required to end the round by pressing SUBMIT button. The answers that are received by the system after pressing the ‘SUBMIT’ button only be considered for evaluation.

v. There is no negative marking for this Quiz. Questions for each participant may be different for the same topic.

vi. All winners would be sent an email informing them about their success in AKAM Quiz.

V. General Rules and Regulations:

i. Participation in this online Quiz is voluntary.

ii. The Government retains the right to make any changes to the event, its format, schedule, rules and in any matter related to this event, at any time before or during the event.

iii. The Organisers are not bound to provide either an internet connection or related devices to enable participants to participate in the online Quiz rounds.

iv. The decision of the organizers would be final and binding in all matters pertaining to the Online Quiz.

v. In case of a tie in Quiz score, the participant who took lesser time to answer questions would get a higher ranking.

vi. The questions in the Online Quiz will not be limited to the material supplied in the content sets. These sets have been provided as an aid to participants, but it does not purport to constitute the ‘syllabus’ of this online Test.

vii. The decision of organisers on any matter related to this Quiz, shall be final and no disputes, claims etc. w.r.t. the Quiz will be entertained.

For More details, registration and participation, logon to Portal: www.akamquiz.in.

ICCC Weekly Newsletter – 02 December 2021

Fri, 03 Dec 2021 15:10:31 GMT

Peel Regional Police Chief Nishan Duraiappah at the ICCC

ICCC Group with Peel Police Chief & his team


Ripudaman S Dhillon	Arvind Bhardwaj


Rakesh Joshi	Ron Chatha

Audience listening in rapt attention to Nishan Duriappah

The Indo-Canada Chamber of Commerce (ICCC) welcomed Peel Regional Police Chief Nishan Duraiappah 30 November. It was an unprecedented event for our Chamber, where a community stakeholder of such prominence was honoured and felicitated.

In his welcome remarks, ICCC President Ripudaman Singh Dhillon, enthusiastically said, “I am proud that the program to honour Chief Duraiappajh is happening under my leadership and with the complete support of my colleagues on the board.”

Emphasizing on the initiatives that the Peel Regional Police Chief has launched, Ripudaman said, “Some of the initiatives that the Police Chief has launched are an indication of his intuitive understanding of the community’s needs. A good example is the adoption of the Community Safety and Well-Being framework and establishment of a CSWB Bureau in the Peel region to modernize traditional community policing.”

He said businesses succeed when the environment is conducive for growth. For businesses, one of the most significant aspects of business environment is stability and security. The presence of the law enforcement agency – the police – is vital in maintaining a balance that encourages businesses to take the necessary risks to grow and thereby contribute to the fabric of the society.

Ripudaman further said that in a multicultural society such as ours, the relationship between the law enforcement agency and local businesses is of critical importance. This is especially relevant for local businesses that are minority owned and operated.

“Going forward, we as a Chamber will be working closely with the Peel Regional Police and be a bridge between the law enforcement agency and the small businesses in the region,” he said.

Photos

Brampton Mayor Patrick Brown at ICCC

Brampton Mayor Patrick Brown

ICCC Team with Patrick Brown

Audience members at the program

The Indo-Canada Chamber of Commerce organized a felicitation program to honour Patrick Brown, Mayor of Brampton. The program witnessed participation from Brampton-based members of the ICCC.

In his welcome remarks, ICCC President, Ripudaman Singh Dhillon said, “Mayor Brown doesn’t need an introduction. He is as much as Indo-Canadian as any person in this room this evening. His connection to India is perhaps stronger than many of us. He has been to India over two dozen times. He has a deep understanding of India’s cultural, political, economics and its varied society. As the secretary of the Canada – India Parliamentary Association, Mayor Brown, when he was a Member of Parliament, helped in giving proper direction to Canada – India ties. In addition, he has a thorough and deep understanding of the dynamics of the Indo-Canadian community and its role in the shaping of the Canadian mainstream.”

He added, Mayor Brown’s association with our Chamber dates back to at least 15 years and more. “I have been told that he was a Master of Ceremonies at one of our important dinners where former Prime Minister Stephen Harper was the chief guest.”

Ripudaman outlined the three specific areas of collaboration between the ICCC and the City of Brampton.

The ICCC Winter Small Business Expo at the City of Brampton, where we will promote local Brampton-based businesses. Brampton City Hall will be an ideal location for this day-long event to be held between January and March 2022.

The Cleantech Mission to India in April 2022 in collaboration with Toronto Business Development Corporation. City of Brampton should come on board as a sponsor for this mission. Mayor Brown should lead the delegation.

Mayor Brown should help ICCC in relocating to the City of Brampton.


Ripudaman S Dhillon	Arvind Bhardwaj	Bhavik Parikh

Photos

TAKE OFF

Launch of ICCC's Startup Initiative

The Indo-Canada Chamber of Commerce (ICCC) and in collaboration with BRTSIF organized a virtual meeting between Indian startups and Canadian investors and service providers on Sunday 28 November 2021.

This 90-minute virtual event saw participation of six startups from India. Each of the startups discussed their needs including guidance in the following spheres:

Banking and supply of capital
Mentorship
Immigration (business visas)
Help to set up business
General business help

Apoorva Srivastava, the Consul General of India in Toronto, and Hon. Nina Tangri, Ontario's Associate Minister of Small Business and Red Tape Reduction also participated in the program.

Sanjay Kulkarni, ICCC's Director of Strategy and Startups organized the program.

Nominated Directors

The Board of Directors of the Indo-Canada Chamber of Commerce has appointed two nominated Directors on the board. They are Sheelu Sharma and Vipin Gupta.

Sheelu Sharma, Director, Programs & Events

Sheelu Sharma is Senior Manager at Laksh Law Professional Corporation, a law firm dealing with Immigration, real estate, and civil litigation. Her global experience includes working at consulate general of India at Dubai and being the Director of Falcon Marketing and Management Consultancies in Dubai and Falcon trading company at Sharjah. Sheelu has pursued fashion designing, modelling, and acting, and has been involved in social event planning. Since then, she has actively contributed to various social and cultural welfare activities through non-profit organizations.

Vipin Gupta, Director

Vipin Gupta is an accomplished and result driven banking professional with over 17 years of experience in Global Trade Finance, FI, Corporate & Commercial banking, Sales & Marketing and Product & Process management. He is responsible for managing the Global Trade Finance business for ICICI Bank Canada including structuring customized solutions to service global and domestic requirements of North American, Indian and foreign companies, developing and maintaining strategic relationships and alliances with Global Corporates, SMEs, industry associations and trade agencies, promoting and developing Trade & Investment business in Canada-India corridor. Mr. Gupta has a vast experience in financial services industry handling Indian subcontinent and North American markets.

Board of Directors

ICCC's Partner in Success

Range Enterprise comes on board as
ICCC's Affinity Partner

Indo-Canada Chamber of Commerce

924 The East Mall Toronto ON M9B 6K1

T: (416) 224-0090

E: iccc@iccconline.org

W: www.iccconline.org

ICCC Weekly Newsletter – 24 November 2021

Wed, 24 Nov 2021 20:04:48 GMT

Record number of Ontario MPPs participate in
ICCC's Meet & Greet Program

ICCC Group with MPPs

Amarjot Sandhu

Deepak Anand

Kaleed Rasheed

Nina Tangri

Parm Gill

Prabmeet Sarkaria

Sheref Sabawy

Sara Singh

Todd Smith

Rudy Cuzzetto with Ripudaman S Dhillon & Rakesh Joshi

Todd Smith & Arvind Bhardwaj

Prabmeet Sarkaria with Ripudaman S Dhillon, Virender Rathi & Rakesh Joshi

Ripudaman Singh Dhillon

"As the oldest and the most representative business organization of Indo-Canadians, our Chamber is a non-partisan entity, and we support all political parties that serve our mandate."

In an unprecedented show of support to the Indo-Canada Chamber of Commerce, a record number of Ontario Members of Provincial Parliament (MPPs) participated in a Meet & Greet Program organized on 17 November 2021 at the ICCC to felicitate an interaction between the MPPs and the new ICCC Board that took charge of the Chamber's operations in October 2021 following the annual meeting.

The MPPs who participated in the program included Amarjot Sandhu, Deepak Anand, Kaleed Rasheed, Nina Tangri, Parm Gill, Prabmeet Sarkaria, Rudy Cuzzetto, Sara Singh, Sheref Sabawy, and Todd Smith.

Ripudaman Singh Dhillon, President, ICCC, was instrumental in ensuring the participation of these MPPs. Reflecting on the program, he said, "It is a crowning achievement for the new board that we were able to secure participation of so many MPPs. It shows the continuing relevance of the ICCC to Ontario's political establishment."

Dhillon emphasized that the ICCC continues to be a non-partisan business organization that is eager to work with the political establishment in Ontario irrespective of political affiliations, as long as the political party is willing to support the mandate of the Chamber.

He said, "As the oldest and the most representative business organization of Indo-Canadians, our Chamber is a non-partisan entity, and we support all political parties that serve our mandate. We are a pro-business organization, and we advocate for policies that support immigrant businesses. We have continued to get support from the political leaders in our effort to fulfil our mandate of creating opportunities for Canadian small businesses."

Photos

Programs & Events

Upcoming Events

TAKE OFF

Launch of ICCC's Startup Initiative

9:30 am EST

Sunday 28 November 2021

The Indo-Canada Chamber of Commerce (ICCC) and in collaboration with BRTSIF is organizing a virtual meeting between Indian startups and Canadian investors and service providers.

This virtual event will be of 90 min duration. 15-20 minutes for initial formalities and then 70 minutes for 7 startups to make their presentations.

The startups need help in these areas:

Banking and supply of capital
Mentorship
Immigration (business visas)
Help to set up business
General business help

If you are interested in participating in this program, please write to Sanjay Kulkarni at iccc@iccconline.org

Program Announcement from ICCC's Partner in Success

Brampton Sponsorship Forum

On November 25th, 2021 at 8:00 a.m. the City of Brampton will host its third annual Sponsorship Forum! We are thrilled to announce industry leader and expert Mark Harrison, founder of the T1 Agency, SponsorshipX Conference and Black Talent Initiative, as our keynote speaker.

Mark will provide a unique lens for your approach to sponsorship that will equip you with a blueprint to prepare your organization to answer the increasingly loud demands of stakeholders in 2022 and beyond.

Global Chemicals & Petrochemicals Manufacturing
Hubs in India-2021

To promote the trade and investment in Chemicals and Petrochemicals sector and in line with the previous edition, the Department of Chemicals and Petrochemicals, Ministry of Chemicals & Fertilizers, Government of India, in association with the Federation of Indian Chambers of Commerce and Industry (FICCI) is organizing the second edition of the summit on “Global Chemicals & Petrochemicals Manufacturing Hubs in India-2021” (GCPMH 2021) on 25- 26 November, 2021 in New Delhi in hybrid (Physical plus Digital) format. The details of the event are available at www.gcpmh.in

This edition of the GCPMH will provide a grand overview of this fast-surging major sector of the Indian Economy and will be a platform for investors and other stakeholders to interact and forge alliances, highlighting and promoting segment wise investment opportunities in respective investment regions and thereby providing immense potential for trade and investment in a mutually beneficial way.

Insight

Canadian public opinion about immigration & refugees

The past year in Canada has been like no other due to the ongoing COVID-19 pandemic, which persists on the strength of new variants despite a monumental vaccination campaign. Governments have striven to manage the new pandemic reality through programs supporting lost income and employment, and policies to balance public health restrictions with the resumption of normal activity. As the country moved past the crisis phase, the politics and issues of the pre-pandemic past have begun to resurface. Immigration and refugees (and multiculturalism more broadly) have not been front and centre over the past year, and were largely absent as an issue during the recent federal election. But some may be wondering how much the difficulties and stress of the past year have affected Canadians’ capacity for openness to others.

Results from the latest Focus Canada survey reveal that Canadians continue to be largely positive and supportive about immigrants and refugees, who are much more likely to be viewed as making a positive contribution to the country than posing a threat. Opinions over the past 12 months are mostly stable, although small declines in positive sentiments have been recorded in several key measures that reverse similar gains dating over the previous year. A clear majority supports current levels of immigration, views immigrants as good for the Canadian economy, and believes they are important for building the country’s population.

An increasing plurality rejects the idea that too many refugees are not legitimate, and most would like to see more of them accepted from places experiencing major conflicts. There is clear public support for the recently-announced decision to accept 20,000 Afghan refugees fleeing the Taliban, although one in four Canadians say this number is too few. Public concerns about immigration continues to be mostly centred around some immigrants not adopting Canadian values, but the proportion articulating this issue is not on a clear rise, and very few name any specific ethnic or cultural groups they believe should be kept out of the country.

Download report

ICCC's Partner in Success

Range Enterprise comes on board as
ICCC's Affinity Partner

Festival Offer from ICCC's Partner in Success

Disclaimer: The information being provided is deemed reliable but not guaranteed, and all information should be verified by the member before making any commitments. ICCC makes no representations or warranties about the preciseness, accuracy or completeness of the information contained in this offer. ICCC specifically disclaims any liability, whether based in contract, tort, strict liability or otherwise, for any direct, indirect, incidental, consequential, or special damages arising out of or in any way connected with availing or using these benefits offered by TELUS, including liability in connection with this communication. The member, by contacting TELUS and/ or their agents, acknowledges and certifies the position of ICCC stipulated by the foregoing, and agrees to hold ICCC faultless and blameless, and further agrees that restitution of damages, if any are claimed, shall be sought directly from the suppliers.

Indo-Canada Chamber of Commerce

924 The East Mall Toronto ON M9B 6K1

T: (416) 224-0090

E: iccc@iccconline.org

W: www.iccconline.org

ICCC Weekly Newsletter – 17 November 2021

Wed, 17 Nov 2021 15:07:18 GMT

Canada - India & the Indo-Pacific Region

By Rakesh Joshi

ICCC's statement on the Indo-Pacific region read by Rakesh Joshi, ICCC's Vice President & Director, Legal & Government Affairs, at ICCC's Meet & Greet Program with Federal Members of Parliament on 12 November 2021

We had our Chamber’s elections in October, and we now have a new board. The new board is keen to develop relations with the federal leaders of all political parties to push for a policy framework that promotes the interests of Canada and India, and is non-partisan.

Before I commence with my statement on policy framework, I want to emphasize that the Indo-Canada Chamber of Commerce is a Canadian organization, and we believe in Canadian values. We respect differences in people, including protected grounds as per the Ontario Human Rights Code as amended from time to time.

These include age, ancestry, colour, race, citizenship, ethnic origin, disability, family status, marital status, gender identity, gender expression, sexual orientation etc.

The new political and economic reality is that trade has emerged as the determining factor in building and maintaining all relationships between nations. So, even when nations differ politically on important matters, they continue to trade. All will agree that this a wholesome development.

As a Chamber of Commerce, we are committed to free trade that is regulated to ensure the interest of a nation and its people are protected. Canada is a trading nation, and should trade more, and trade with more nations.

We must understand and acknowledge that political factors determine economic decisions.

One of the biggest emerging geopolitical concerns globally is the Indo-Pacific region.

Over the last couple of years, democratic nations have forged alliances to work together to promote democratic values, and free trade that breaks any existing or emerging monopolies in the region and globally.

Our countries share the same concerns in the Indo-Pacific region. And while India is already an important player in the emerging political and economic alliances in the region, Canada is yet to decide about the nature and extent its involvement.

On the face of it, this is a natural and obvious decision: Canada shares the same values that the United States of America, the United Kingdom, Japan, Australia, and India believe in. These nations have formed two significant alliances in the region, and for Canada to be part of any of these two alliances is a natural fit.

We as the only bilateral Chamber of Commerce fostering Canada – India trade and investment relations are of the view that the present is the most opportune time for both the countries to break free of the shackles of the past and build a new relationship that is based on common interest and a shared vision of the future.

I urge all the Members of Parliament who are present here today to help our Chamber forge new grounds in building Canada – India ties that reflect their need for each other.

Canada - India trade & the ICCC

By Virender Rathi

ICCC's statement on promoting bilateral trade and investment relations between Canada and India read by Virender Rathi, Corporate Secretary, at the felicitation program of Consul General Apoorva Srivastava on 11 November 2021

From 2019 onwards, the Indo-Canada Chamber of Commerce has taken a conscious decision of focusing on the core mandate of fostering bilateral trade between Canada and India, and helping small businesses in Canada and India hook up.

In support of the Indian government’s broad-based political process in Jammu and Kashmir following the revocation of its special status, our Chamber organized two virtual buyer-seller meetings in collaboration with the Indian Consulate and the Jammu and Kashmir Trade Promotion Organization. The first was to promote exports of Kashmiri handlooms and handicrafts, and the second was to promote Kashmiri agro and food products. Both the programs drew tremendous response both from Kashmiri exporters and Canadian importers.

In support of the farm reforms, our Chamber organized a webinar, featuring the Premier of Saskatchewan Honourable Scott Moe and the Indian High Commissioner His Excellency Ajay Bisaria. Let me emphasize that while our Chamber is politically non-partisan, it has always supported pro-business policies irrespective of which government introduces it. We believe that the farm reforms will have far reaching benefits for the Indian economy.

In addition, we also collaborated with the Indian Consulate and the Council for Leather Exports India to organize a leather products buyer-seller meet, where we also involved the Luggage, Leathergoods, handbags and accessories association of Canada. Again, this event attracted unprecedented participation both from Indian importers and Canadian exporters and investors.

The new board that has taken charge in mid-October is committed to continuing our Chamber’s focus of promoting bilateral trade. On advice of the His Excellency Ajay Bisaria, India’s High Commissioner to Canada, we have launched a start up initiative, and the first program is being organized on 28 November when we will be collaborating with BRTSIF to showcase 10 Indian startups.

BRTSIF is a foundation set up by Bombay Stock Exchange Institute Ltd. and BIL Ryerson Futures Pvt. Ltd. to promote startups and support the Government of India’s vision for entrepreneurship development and innovation culture. In collaboration with the Indian Consulate, we are also organizing a virtual buyer-seller meet for Indian tea. There is a growing market for fine tea in North America, and we are keen to build a presence for India tea, especially in the niche market.

On the anvil are joint programs with the Indian states and Canadian provinces. We will build the foundation we had laid in 2020 when we had organized a joint session between Uttar Pradesh and Ontario. We will plan the second instalment of this collaboration in early 2022. Another planned interaction is between Maharashtra and Quebec. They have a long-standing trade collaboration agreement and our Chamber in association with the Indian Consulate will be organizing a virtual meet in 2022.

Our Chamber is committed to Canada – India bilateral trade and investment relations, and we will seek all opportunities that our stakeholders provide to us to continue making incremental progress to this effort.

ICCC's Partner in Success

Range Enterprise comes on board as
ICCC's Affinity Partner

Programs & Events

Past Events

CG Apoorva Srivastava's felicitation by ICCC's new board

L to R: Arjun Jasjua, Arvind Bhardwaj, Virender Rathi, Ripudaman Singh Dhillon, Apoorva Srivastava, Sheelu Sharma, Sanjay Kulkarni, Rakesh Joshi and Chirag Shah

The Indo-Canada Chamber of Commerce's newly elected board organized a felicitation function on 11 November 2021 to acknowledge the superlative role of Mrs. Apoorva Srivastava, the Consul General of India in Toronto to promote India - Canada bilateral relations.

Ripudaman Singh Dhillon, President, ICCC, said, “Since she has arrived in Canada in September 2019, Apoorva ji has proven to be a dedicated and committed diplomat focussed on enhancing all aspects of bilateral relations between Canada and India. Moreover, she has built a strong network among the Indo-Canadian community. We have seen her participate in big and small programs organized by the community. She has also galvanized the Consulate to assist the international students from India.”

He outlined the long sustaining and mutually beneficial relationship with the Indian Consulate, and emphasized how the CG has played a pivotal role in working with the ICCC to enhance bilateral trade and investments between Canada and India. “With her support, we have hosted two multisector business delegations from India during the pre-pandemic days. During the pandemic, we worked together to organize webinars on India’s new education policy, providing assistance to international student during the Covid-19 pandemic, tackling the second wave of the pandemic in India, the growth-focused Indian budget, and several other programs that attracted many participants,” he said.

Photos

Meet & Greet with Members of Parliament

ICCC group with MPs


Sonia Sidhu	Ruby Sahota

Iqwinder Gaheer	Paul Chiang

Shafqat Ali

The Indo-Canada Chamber of Commerce (ICCC) organized a Meet & Greet program with Canada’s Members of Parliament. Among those who participated in the program included Hon. Sonia Sidhu, MP, Brampton South; Ruby Sahota, MP, Brampton North; Iqwinder Gaheer, MP, Mississauga – Malton; Paul Chiang, MP, Markham – Unionville; and Shafqat Ali, MP, Brampton Centre.

On the occasion, Ripudaman Singh Dhillon, President, ICCC, said, “The steady growth of the Indo-Canadian community is a matter of pride for us. A good example of the growing significance of our community is the number of Indo-Canadians in public services. In the last federal elections, 49 Indo-Canadians, representing all political views, contested elections, and a record 23 of them got elected to the federal parliament. This is a Canadian achievement. It is a testament to the distinctive nature of the Canadian ethos that it welcomes everyone from all corners of the world and makes place for them. And, it is not just in the political arena that Indo-Canadians have emerged as a force. In all spheres of the Canadian society, whether it be business, corporate, academics, culture, the arts, all the major professions, our community is making its presence felt.”

Photos

Upcoming Events

Program Announcement from ICCC's Partner in Success

Brampton Sponsorship Forum

TAKE OFF

Launch of ICCC's Startup Initiative

9:30 am EST

Sunday 28 November 2021

The Indo-Canada Chamber of Commerce (ICCC) and in collaboration with BRTSIF is organizing a virtual meeting between Indian startups and Canadian investors and service providers.

This virtual event will be of 90 min duration. 15-20 minutes for initial formalities and then 70 minutes for 7 startups to make their presentations.

The startups need help in these areas:

Banking and supply of capital
Mentorship
Immigration (business visas)
Help to set up business
General business help

If you are interested in participating in this program, please write to Sanjay Kulkarni at strategy@iccconline.org

ICCC will be Partner Organization at
10th Vibrant Gujarat Global Summit 2022

The Indo-Canada Chamber of Commerce will continue its tradition of being a Partner Organization at Vibrant Gujarat Global Summit 2022. The linkage between ICCC and Vibrant Gujarat began since the inception of the global summit. Traditionally, the ICCC has led a delegation to the event.

Government of Gujarat is organizing the 10th Vibrant Gujarat Global Summit scheduled on 10-11-12 January 2022 in Gandhinagar, Gujarat and will be inaugurated by Narendra Modi, Hon’ble Prime Minister of India on 10 January 2022 in the august presence of Heads of States, Ministers and senior dignitaries of other countries, Ministers from Government of India, Global CEOs, Representatives from Multilateral Organizations and Thought Leaders. The Summit presents a unique opportunity to address shared contemporary challenges and chart a path forward for global sustainable development by augmenting international cooperation and partnerships.

ICCC Newsletter - 3 November 2021

Wed, 03 Nov 2021 13:00:00 GMT

ICCC wishes its members, stakeholders, sponsors, and the Indo-Canadian community a Happy Diwali

Canada Post issued this postage stamp on 19 October 2021 on the occasion of Diwali. Layers of symbolism are woven into the eye-catching Rangoli pattern on this stamp heralding the arrival of Diwali on November 4. A time to reflect, overcome negativity, and spread light and love, the five-day festival is observed by Hindus, Buddhists, Jains, Sikhs and others around the world. Rangolis are an important part of the celebrations. Drawn on floors in entranceways, living rooms and courtyards using flower petals, coloured sand and other materials, these temporary works of art are traditionally created to invite Lakshmi, the goddess of good fortune, into celebrants’ homes.

ICCC Board Meets India's Consul General in Toronto

L to R: Bhavik Parikh, Rakesh Joshi, Virender Rathi, Apoorva Srivastava, Ripudaman Singh Dhillon & Arvind Bhardwaj

ICCC’s new board met India’s Consul General Apoorva Srivastava on 29 October 2021 at the Consulate General of India in Toronto. The board discussed ICCC’s priorities and the board’s vision.

Ripudaman Singh Dhillon, President, ICCC, said, “It was a pleasure meeting with our CGI Mrs. Apoorva Srivastava along with the new Board of Directors of Indo Canada Chamber of Commerce. We shared the vision and mission of new board and discussed the bilateral trade between both countries.”

ICCC@50

The Indo-Canada Chamber of Commerce (ICCC) has announced the formation of the ICCC@50 committee. It will comprise the following members:

Dr. Aditya Jha, Chair, ICCC's Advisory Board
Arjun Jasuja, Member, ICCC's Advisory Board
Ripudaman Singh Dhillon, President, ICCC
Virender Rathi, Corporate Secretary & Vice President, ICCC
Arvind Bhardwaj, Vice President & Director, ICCC
Yudhvir Jaswal, Y Media (ICCC's Media Partner)
Manu Datta, ICCC Committee Member

ICCC's Partner in Success

Range Enterprise comes on board as ICCC's Affinity Partner

Range Enterprises, one of Canada’s fastest growing corporate gifting companies, has become ICCC’s Affinity Partner. Check out here the range of corporate gift it offers, and avail 10 percent discount on rack rates.

Festival Offer from ICCC's Partner in Success

In the News

2021 Ontario Economic Outlook and Fiscal Review

Peter Bethlenfalvy, Ontario's Minister of Finance

The Ontario government is furthering its commitment in the Speech from the Throne to protect people’s health and the province’s economy through the 2021 Ontario Economic Outlook and Fiscal Review, which will be released on Thursday, November 4.

Peter Bethlenfalvy, Minister of Finance, will release the government’s plan to protect Ontario’s hard-won progress against COVID-19, while building the foundation for economic growth and prosperity by delivering on critical infrastructure, supporting workers, and creating the right environment to attract investment and jobs.

“The job is not done and soon I will release our government’s next fiscal update, a plan that will protect the hard work and sacrifice of the people of Ontario in our fight against the COVID-19 pandemic,” said Minister Bethlenfalvy. “The plan will also look forward, towards building a strong, prosperous province for everyone.”

The 2021 Ontario Economic Outlook and Fiscal Review will build on the 2021 Budget - Ontario's Action Plan: Protecting People's Health and Our Economy, which brought the Province's COVID-19 response to $51 billion over three years, including:

Making available $1 billion for a provincewide vaccination plan that has seen Ontario achieve one of the highest rates of vaccination in the world.

Earmarking $5.1 billion to support hospitals since the pandemic began, creating more than 3,100 additional hospital beds to ensure every person who requires care in a hospital can access a bed, even during the worst of the pandemic.

Investing nearly $5 billion over four years to increase the average direct daily care for long-term care home residents to four hours a day and hiring more than 27,000 new positions, including personal support workers (PSWs) and nurses.

Delivering nearly $3 billion in urgent and unprecedented support to over 110,000 small businesses across the province through the Ontario Small Business Support Grant.

“We will remain vigilant as we continue to safely and successfully reopen Ontario together,” said Minister Bethlenfalvy. “Our government is making the necessary investments to protect the progress we’ve made while putting the right conditions in place for growth.”

India's NHAI InvIT attracts Canadian institutional investors

Canada Pension Plan Investment Board
Ontario Teachers’ Pension Plan Board

National Highways Authority of India (“NHAI”) has the largest share under the National Monetisation Pipeline. In this regard, NHAI is pleased to announce the launch of its InvIT as a mode to monetise road projects. The InvIT will initially have a portfolio of five operating toll roads with an aggregate length of 390 kilometers, with more roads planned to be added later. These roads are located across the states of Gujarat, Karnataka, Rajasthan and Telangana. NHAI has granted new concessions of 30-years for these roads. In view of the long-term nature of the assets, the units of InvIT were placed with international and domestic institutional investors. The units have been issued under the private placement route under SEBI InvIT Regulations, 2014 at the upper valuation band of Rs.101 per unit. The units will be listed on NSE and BSE.

NHAI InvIT attracted two international pension funds, namely Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan Board, as anchor investors, who will hold 25% of the units each. The balance units were placed with a diversified set of domestic institutional investors comprising pension funds, insurance companies, mutual funds, banks and financial institutions. NHAI has demonstrated its strong ability to attract a wide variety of sophisticated investors for the National Monetisation Pipeline.

The total enterprise value of the initial portfolio of 5 roads was pegged at Rs.8011.52 crore. NHAI InvIT is funding that through debt of Rs.2000 crore from State Bank of India, Axis Bank and Bank of Maharashtra. The balance is being funded by issuing units of Rs.6011.52 crore to international and domestic institutional investors, and NHAI as Sponsor.

Giridhar Armane, Secretary MoRTH and NHAI Chairman said, “We are pleased that NHAI InvIT has been able to garner funds from marquee international and domestic institutional investors to support the Government of India’s National Monetisation Pipeline. We welcome the two anchor investors - Canadian Pension Plan Investment Board and Ontario Teachers’ Pension Plan Board, and other reputed domestic investors, into NHAI InvIT. The success of this InvIT shall go a long way in achieving Hon’ble Prime Minister’s vision of developing world class infrastructure in the country.”

ICCC Weekly Newsletter – 25 October 2021

Tue, 26 Oct 2021 15:15:20 GMT

ICCC announces new Executive Committee

Allocates Board Responsibilities

Portfolio allocation

Ripudaman Singh Dhillon: President, Member Engagement, All unallocated responsibilities

Virender Rathi: Corporate Secretary & Vice President, Programs & Events

Arvind Bhardwaj: Vice President & Director, Finance

Rakesh Joshi: Vice President & Director, Government Relations & Legal Affairs

Vikas Sharma: Vice President & Director, Small & Medium Enterprises

Murarilal Thapliyal: Director, International Trade & Global Affairs

Sanjay Kulkarni: Director, Startups & Strategy

Chirag Shah: Director, Councils

Bhavik Parikh: Director, IT

Click here to see directors' profiles

Ripudaman is 34th President of ICCC

Mon, 18 Oct 2021 23:19:17 GMT

Ripudaman Singh Dhillon is 34th President of ICCC

Virender Rathi elected Corporate Secretary

Ripudaman Singh Dhillon, a serial entrepreneur with business interests in immigration consulting, broadcasting, education and realty, was elected the 34th President of the Indo-Canada Chamber of Commerce on 18 October 2021. Virender Rathi, a lawyer, was elected the Corporate Secretary of the 44-year-old institution.

These two were elected following the Chamber’s annual general meeting held on 14 October 2021. A new board of directors was elected for a two-year term at the meeting which includes Rakesh Joshi, Murarilal Thapliyal, Arvind Bhardwaj, Chirag Shah, Vikas Sharma and Sanjay Kulkarni. Virender Rathi and Bhavik Parikh were elected in 2020 for a two-year term.

Upon being elected the President, Ripudaman said, “I am honoured and humbled to be elected the 34th President of the Indo-Canada Chamber of Commerce. I will strive to work together with the newly elected board to focus on the 44-year-old institution’s core mandate of creating business and professional opportunities for Indo-Canadians and to foster bilateral trade and investments between Canada and India. My priorities will be enhancing membership and sponsorship, by giving tangible value to our members and sponsors, and broadening stakeholder relations. The ICCC has a special place in the hearts and minds of the Indo-Canadian business community. I appeal to everyone to join hands with the new board in making the ICCC great again.”

Ripudaman established ICC Canada Immigration Solutions Inc. to help new immigrants to easily settle into a better life in Canada. His entrepreneurial zeal led him to launch Guru restaurant in 2013 in Heartland. His affinity for public service inspired him to start Radio Dhun, Ontario’s first multicultural and multilingual radio station, and in 2017 he acquired Radio 1220AM that reaches audiences from Ottawa to St. Catharines. The International Fashion Festival Toronto he launched in 2014 promotes local designers. Ripudaman is an active philanthropist and was the Progressive Conservative Party of Ontario’s candidate in 2018 and a candidate of record for Brampton North.

Virender Rathi is the President of Xcent Lawyers LLP. He is a versatile lawyer who specializes in immigration and real estate. Virender graduated from Osgood Hall Law School. He is a member of the Law society of Ontario, Canadian Bar Association, Ontario Bar Association and CASAL. A strong votary of community service, he dedicates time and resources to Indo-Canadian community in Greater Toronto Area. He is strongly committed to the community and is actively involved in many NFPs including the ICCC.

For the second year, the ICCC’s members meeting was conducted virtually keeping in view the prevailing restrictions over the pandemic. For the first time since 2018, the ICCC conducted free and fair elections where in 10 candidates contested for seven board positions.

ICCC's New Board 2021-2022

Thu, 14 Oct 2021 23:09:37 GMT

The following candidates for the election to the ICCC board held on 14 October during the annual members meet were declared elected.

Rakesh Joshi: 208
Ripudaman Singh Dhillon: 190
Arvind Bhardwaj: 188
Chirag Shah: 188
Sanjay Kulkarni: 176
Murarilal Thapliyal: 176
Vikas Sharma: 167

Prashant Srivastava: 109
Nayan Brahmbhatt: 97
Dhaval Vediya: 91

Rakesh Joshi, Ripudaman Singh Dhillon, Arvind Bhardwaj, Chirag Shah, Sanjay Kulkarni, Murarilal Thapliyal and Vikas Sharma were declared elected to the new board. Virender Rathi and Bhavik Parikh were elected to the board for a two-year term in 2020.

Profiles of Directors

ICCC Weekly Newsletter – 29 September 2021

Wed, 29 Sep 2021 13:00:00 GMT

National Day for Truth & Reconciliation

30 September 2021 marks the first

National Day for Truth and Reconciliation

The day honours the lost children and Survivors of residential schools, their families and communities. Public commemoration of the tragic and painful history and ongoing impacts of residential schools is a vital component of the reconciliation process.

The creation of this federal statutory holiday was through legislative amendments made by Parliament. On June 3, 2021, Bill C-5, An Act to amend the Bills of Exchange Act, the Interpretation Act and the Canada Labour Code (National Day for Truth and Reconciliation) received Royal Assent.

This National Day for Truth and Reconciliation, explore the rich and diverse cultures, voices, experiences and stories of the First Nations, Inuit, and Métis peoples. Whether you want to read, listen, watch, or try, start your learning journey today.

ICCC organizes two successful Virtual Buyer-Seller Meets

Agro & Food Products Exporters from Jammu & Kashmir
Footwear and Leather Products

The Indo-Canada Chamber of Commerce (ICCC) in collaboration with the Commercial section of the Consulate General of India in Toronto organized two successful virtual buyer-seller meetings on 24 and 28 September, 2021.

Agro & Food Sector Virtual Buyer-Seller Meet

On 24 September, over a dozen exporters of agro and food products from the Indian state of Jammu and Kashmir, and an equal number of importers from Canada held one-on-one meetings on a virtual platform to explore trading and investing opportunities. The ICCC and the CGI-Toronto collaborated with the Jammu and Kashmir Trade Promotion Organization (JKTPO) for this virtual program.

Video

Leather Sector Buyer-Seller Meet

On 28 September, 16 exporters of leather products from India, and a dozen importers from Canada held one-on-one meetings on a virtual platform to explore trading and investing opportunities. The ICCC and the CGI-Toronto collaborated with the Council for Leather Exports (India) and the Luggage, Leather goods, Handbags & Accessories Association of Canada for this virtual program.

Video

In the News

Ontario's My Main Street Programs

Launch date: 1 October 2021

Ontario announces the launch of two project streams on 1 October 2021

My Main Street Business Accelerator
My Main Street Community Activator, Year One (projects completed between June 8 and Dec. 31, 2021)

Ontario will send out application guides, including the assessment criteria, in advance of the program opening.

My Main Street is a $23.25-million investment to help drive business and restore vibrancy to local communities across southern Ontario in the aftermath of COVID-19.

The My Main Street Business Accelerator will support the revitalization of 65 main street communities through Main Street Ambassador contributions, direct business support, market research and business support programs.

The My Main Street Community Activator will support 140 placemaking projects aimed at strengthening the connection between people and places through activities, events, community improvements and policy development. Support will be provided in the form of reimbursements against incurred costs.

Website

StoneMart 2022

The Centre for Development of Stones (CDOS) along with Federation of Indian Chambers of Commerce & Industry (FICCI) is organizing the 11th edition of the show - India Stonemart 2022 – at Jaipur Exhibition and Convention Centre, Sitapura, Jaipur during 17th-20th February 2022 in person.

INDIA STONEMART is an international stone industry exhibition being organised biennially by Centre for Development of Stones (CDOS) along with Rajasthan State Industrial Development & Investment Corporation Ltd. (RIICO) since year 2000. India Stonemart 2019 had 134 overseas exhibitors from Brazil, China, Iran, Italy, Spain, Turkey & Taiwan and over 1800 overseas business visitors from 52 countries and total exhibit area of over 40000 sq.m.

India is a leading producer of stones and witnessing phenomenal growth in all segments including construction, real estate and infrastructure sector. This in turn has given tremendous impetus to stone sector. Hence, there is immense potential for increasing bilateral stone trade between Canada and India.

Complete details of the show is available on http://www.stonemart-india.in/

Brochure

Advertisement

Range Promo: Branded Merchandise

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

ICCC Newsletter - 22 September 2021

Wed, 22 Sep 2021 19:50:03 GMT

President's Views

Tauseef Sheikh

New directions

ICCC welcomes the new government, and urges an inclusive approach to more strategic ties with India

The Right Hon. Justin Trudeau with
his family after winning the elections

The Indo-Canada Chamber of Commerce (ICCC) offers sincere congratulations to the Right Hon. Justin Trudeau, Prime Minister of Canada, and all the candidates who have been elected to Canada’s House of Commons following the 44th federal elections, results of which were declared on 20 September 2021.

The new Liberal government will have to focus on the pandemic. Canada is doing good on tackling the pandemic in terms of the percentage of population that is already double vaccinated. However, the economic impact of the pandemic is going to remain an integral part of the Canadian economy for a long time.

As a representative of small businesses, especially racialized small businesses, the Indo-Canada Chamber of Commerce is urging the new government to continue with the assistance that it has provided since the pandemic began in 2020. Such help will sustain small businesses for a period that the economy will require to return to its pre-pandemic levels and turn to growth.

Read more: Insight

Kunal Gupta is CEO, Polar. He is Entrepreneur, Volunteer, Teacher. He is the recipient of 2011 ICCC Technology Award.

Register now for 2 Virtual Buyer-Seller Meetings

Agro & Food Products Exporters from Jammu & Kashmir
Footwear and Leather Products

Agro & Food Products Buyer-Seller Meeting Exporters from Jammu & Kashmir

9:30 AM EST / 7:00 PM IST Friday 24 September

Footwear & Leather Products Buyer-Seller Meeting

10:00 AM EST / 7:30 PM IST Tuesday 28 September

In the News

Ontario's Vaccine Passport

Implementation date: 22 September 2021

To further protect Ontarians as the province continues to confront the Delta-driven fourth wave of the COVID-19, the government, in consultation with the Chief Medical Officer of Health, will require people to be fully vaccinated and provide proof of their vaccination status to access certain businesses and settings starting September 22, 2021. Requiring proof of vaccination in these settings reduces risk and is an important step to encourage every last eligible Ontarian to get their shot, which is critical to protecting the province’s hospital capacity, while also supporting businesses with the tools they need to keep customers safe, stay open and minimize disruptions.

“As the world continues its fight against the Delta variant, our government will never waver in our commitment to do what’s necessary to keep people safe, protect our hospitals and minimize disruptions to businesses,” said Premier Ford. “Based on the latest evidence and best advice, COVID-19 vaccine certificates give us the best chance to slow the spread of this virus while helping us to avoid further lockdowns. If you haven’t received your first or second dose of the COVID-19 vaccine, please do so today.”

As of September 22, 2021, Ontarians will need to be fully vaccinated (two doses plus 14 days) and provide their proof of vaccination along with photo ID to access certain public settings and facilities.

Read more: In the News

Download your vaccine passport

Indian Handicrafts and Gifts Fair (IHGF)

Export Promotion Council for Handicrafts (EPCH) is organizing the 52nd trade fair for Indian Handicrafts and Gifts Fair (IHGF) in person from 28th – 31st October 2021.

EPCH has organized the earlier editions of IHGF Delhi Fair virtually due to COVID pandemic, however, since the situation across the world is getting back to normal, EPCH is organizing the 52nd IHGF Delhi Fair from 28th – 31st October, 2021, in physical form at the India Expo Centre & Mart, Greater Noida, Delhi NCR with all necessary SOPs as laid down by the Government of India. It is pertinent to mention that physical B2B events are the life and blood for the handicrafts sector as the element of touch, feel and visual impact plays a very important role in the decision making of the buyers.

Over 2000 exhibitors from all across the Country will be showcasing designs of Home, Lifestyles, Fashion, Furniture and Textiles products to the overseas buying community. The broad product categories of IHGF Delhi Fair are:

Houseware, Decorative & Gifts

Furniture & Home Accessories

Home Textiles, Furnishings & Floor Coverings

Fashion Jewellery, Accessories & Bags

Christmas Decorations, Candles & Incense and

Lamps & Lighting

Online registration for the event can be done using the following web link: https://www.ihgfdelhifair.in/register.php

The complete details of the show are available on https://www.ihgfdelhifair.in/

Advertisement

Range Promo: Branded Merchandise

Recovery Activation Program

Wednesday, September 29 at 9 am – 12:45 pm

On September 29th, the Toronto Region Board of Trade will be delivering the next Recovery Activation Program (RAP) Digital Certificate workshop! This session will help you to optimize your website to convert clicks into customers.

Experts from Canadian Manufacturers & Exporters, Ontario Made, Drawbridge Growth and Wuxly Movement will discuss how to improve your on-site conversion rate.

To gain access to RAP’s Digital Certificate workshops and other unique programming, head to www.rap.bot.com and take your no-cost Digital Needs Assessment (DNA) today – it only takes 20 minutes!

ICCC Weekly Newsletter – 14 September 2021

Wed, 15 Sep 2021 16:30:39 GMT

Rakesh Joshi returns to ICCC Board

Rakesh Joshi, eminent solicitor and community leader, who was on the ICCC Board first as a nominated director and then as an elected director (2018-2019), has been reappointed as an elected director on 5 September 2021 to fill an existing vacancy.

Rakesh is a member of the Law Society of Upper Canada and is a practicing lawyer in Toronto. He is member of Canadian Bar Association and Director of Canadian Association of South Asian Lawyers. Engaged mainly in Real Estate Law and Corporate Law, Rakesh has handled a high volume of transactions successfully to the utmost satisfaction of his clients.

He was decorated with the prestigious Queen Elizabeth II Diamond Jubilee Medal. He is on the panels of prestigious print media houses and community organizations in Toronto and GTA as their Legal Advisor/ Member Advisory Board. He is a member of Brampton School Traffic Safety Council.

Sanjeev Malik appointed Chair of
Nominations Committee

The Board of Directors of the Indo-Canada Chamber of Commerce appointed Sanjeev Malik as the Chair of the Nominations Committee appointed for the 2021 AGM.

It may be recalled that in August 2021, the Board had announced the appointment of the Nominations Committee comprising following:

Arvind Bhardwaj
Hargy Randhawa
Praveen Verma
Sanjeev Malik
Tauseef Sheikh

At that time, Amit Narwal was appointed as the Returning Officer for the election.

Leather Products Buyer-Seller Meet

The Indo-Canada Chamber of Commerce (ICCC) in association with the Commercial Section of the Consulate General of India in Toronto, the Indian Council for Leather Exports and the LLHA Association of Canada is organizing a virtual buyer-seller meeting of leather products importers and distributors from Canada and exporters from India on 10:00 am EST Tuesday 28 September 2021.

If you are interested in participating in the event, please send an email to Mayank at mbhatt@iccconline.org on or before 19 September 2021.

Indian Handicrafts and Gifts Fair (IHGF)

Export Promotion Council for Handicrafts (EPCH) is organizing the 52nd trade fair for Indian Handicrafts and Gifts Fair (IHGF) in person from 28th – 31st October 2021.

Houseware, Decorative & Gifts
Furniture & Home Accessories
Home Textiles, Furnishings & Floor Coverings
Fashion Jewellery, Accessories & Bags
Christmas Decorations, Candles & Incense and
Lamps & Lighting

Online registration for the event can be done using the following web link:

https://www.ihgfdelhifair.in/register.php

The complete details of the show are available on

https://www.ihgfdelhifair.in/

Advertisement

Range Promo: Branded Merchandise

Recovery Activation Program

Wednesday, September 15 at 9 am – 12:45 pm

On September 15th, the Toronto Region Board of Trade will be live with the next Recovery Activation Program (RAP) Digital Certificate workshop! This session is about understanding how consumer behaviour has shifted, and how to create audience-driven marketing to meet their needs.

Experts from Canadian Manufacturers & Exporters, Ontario Made, and Operatic Agency will discuss this shift in behaviour, analyze best practices, and then help plan your first steps towards an effective digital presence worthy of your audience’s time and attention.

To gain access to RAP’s Digital Certificate workshops and other unique programming, head to rap.bot.com and take your no-cost Digital Needs Assessment (DNA) today – it only takes 20 minutes!

ICCC Weekly Newsletter – 31 August 2021

Wed, 01 Sep 2021 13:21:43 GMT

ICCC Weekly Newsletter – 31 August 2021

Hon. Anita Anand and
Consul General Apoorva Srivastava

ICCC's Tauseef Sheikh, Sigma Group's Arjun (Andy) Jasuja, Y-Media's Yudhvir Jaswal, and Jake Dheer with CG Apoorva Srivastava

The Indo-Canada Chamber of Commerce (ICCC), Y Media and Luxe Convention Centre collaborated to organize ‘United by Emotion’ – a unique program themed on the Spirit of Olympics on 28 August. The program celebrated the stupendous achievements of the Canadian and the Indian Olympics squads for their record-making achievements at the Tokyo Olympics. The Canadian Olympic squad won 24 medals and the Indian squad won 7 medals – both setting a record.

The program kicked off the ICCC’s rebranding effort that is being spearheaded by the newly constituted Advisory Board under Dr. Aditya Jha’s chairmanship. Arjun (Andy) Jasuja, veteran community leader and a Canadian tech pioneer, is actively working with Dr. Jha to rebrand the ICCC and make it relevant to the emerging demographic of Indo-Canadians.

Hon. Anita Anand, Canada’s Minister of Public Procurement, was the Guest of Honour at the program, which also included several VIP guests such as India’s Consul General to Toronto Apoorva Srivastava; Hon. Prabmeet Sarkaria, President of the Treasury Board of Ontario; Hon. Sheref Sabawy, Parliamentary Assistant to Ontario’s Minister of Heritage, Sport, Tourism and Culture Industries; Hon. Deepak Anand, Parliamentary Assistant to the Minister of Labour, Training and Skills Development; Hon. Sara Singh, MPP; among many others.

The fast-paced program, conceived, set-up and executed by the talented Y Media team comprised snippets of sound bytes by both Canadian and Indian athletes, and keenly edited montage of the winning moments of the Olympics, also had brief speeches by Minister Anand, CG Srivastava, ICCC’s Tauseef Sheikh and Y Media’s Yudhvir Jaswal.

ICCC's 22nd Annual Charity Golf Tournament

Thursday 26 August 2021

Lionhead Golf Club and Convention Centre

8525 Mississauga Rd, Brampton, ON L6Y 0C1

And the winners...Joshi Law’s foursome: Rakesh Joshi (2nd from left), Navi Brar, Lakhvir Randhawa, and Sarbjit Singh. Also in the photograph are Deepak Shamnani, Joseph Selvaraj Savier, Apoorva Srivastava and Tauseef Sheikh

The 22nd Indo-Canada Chamber of Commerce’s (ICCC) Annual Golf Charity Classic was an overwhelming success with over 120 enthusiastic amateur golfers having a great time. Thursday 26 August 2021 turned out to be a perfect day for golf. The ICCC will be contributing a respectable amount to the Canadian Cancer Society. The Joshi Law’s team comprising Rakesh Joshi, Navi Brar, Lakhvir Randhawa, and Sarbjit Singh won the tournament. Apoorva Srivastava, Consul General of India in Toronto; Tauseef sheikh, President, ICCC; Deepak Shamnani, Chair, Golf Committee; Joseph Selvaraj Savier, President & CEO, SBI Canada Bank; presented the winning team with the rotating trophy. SBI Canada Bank was the Food sponsor, and Scotiabank was the Cart Sponsor for the program.

Heather Spence (l) & Shilpa Mishra (r)
of BDO Canada

Food Sponsor

Cart Sponsor

In support of

Advertisement

Range Promo: Branded Merchandise

2021 federal election platform tracker:

Where each party stands

Canadians will head to the polls on Sept. 20 after one of the shortest election campaigns ever.

Before that, the leaders of each political party will attempt to appeal to voters coast-to-coast-to-coast, detailing their plans to revive the economy following the COVID-19 pandemic.

Here’s a look at what each party has promised so far on the major issues affecting the economy, business and your money.

CHILDCARE

CORPORATE TAXES

ENERGY AND ENVIRONMENT

FISCAL PLAN

HOUSING

JOBS AND ECONOMY

PERSONAL FINANCE/TAXES

RETIREMENT AND SENIORS

SMALL BUSINESS

TECHNOLOGY

TRADE

ICCC Weekly Newsletter 23 August 2021

Mon, 23 Aug 2021 14:07:56 GMT

ICCC Weekly Newsletter - 23 August 2021

ICCC Strategy Group's Meeting

Dr. Aditya Jha addressing the ICCC's Strategy Group

Aditya Jha, the newly appointed Chair of the Indo-Canada Chamber of Commerce’s (ICCC) Advisory Board, organized a meeting of the Strategy Group on 14 August 2021. The Strategy Group comprises members of the ICCC's Advisory Board and the Board of Directors.

The prestigious, century-old Boulevard Club at the harbourfront overlooking Lake Ontario was the venue of the meeting.

Dr. Jha said, “It was our first ‘joint’ meeting, and we broadly defined our strategic mandates. In the post-Covid world, the ICCC's role becomes relevant and necessary in defining the bilateral space. The enthusiasm of all the ICCC Board and Advisory Board members was evident from their level of interaction and inputs. I am looking forward to a very meaningful engagement over next four years and more.”

He delineated the four thrust areas in which the ICCC’s Strategy Group will work on developing strategy:

ICCC@50 Vision & Action plan as ICCC turns 50 years milestone in 2027
Strengthening ICCC Brand in Canada & India As a premier Canada-India trade and investment promotion organization
Business outreach Guide ICCC with action plan to connect with the leaders of Indo-Canadian, Canadian and Indian business leaders in the Canada India trade corridor
Stakeholder outreach Help establish deeper relationship with the Political leaders, Bureaucrats and Think Tank as well as Canadian trade bodies
Paradigm shift Help in developing evaluation/attraction parameters that would enable attracting and retaining sponsors in Canada and India

Arjun (Andy) Jasuja, the Founder Chairman of Sigma Group, and Canadian tech legend, emphasized the need to rebrand the institution to maintain its relevance to a younger, highly skilled demographic that will constitute the future composition of the institution’s membership.

Ashwin Joshi of Schulich School of Business emphasized that it was important for the ICCC to develop markers of excellence. This would enable the institution to deliver tangible results on the thrust areas.

Priya Dhawan-Chahal of Scotiabank spoke of turning around the Chamber’s image and making it more relatable to contemporary needs of its constituents.

ICCC President Tauseef Sheikh said that the ICCC as an institution has retained its significance over the last four decades and more because it has continuously evolved to the needs of its members, stakeholders and sponsors. He expressed confidence that Dr. Jha and the Strategy Group will successfully formulate a roadmap that will help the ICCC reach its goals.

Tauseef Sheikh addressing the ICCC's Strategy Group

Members of the ICCC's Strategy Group

Upcoming Event

ICCC's 22nd Annual Charity Golf Tournament

Thursday 26 August 2021

Lionhead Golf Club and Convention Centre

8525 Mississauga Rd, Brampton, ON L6Y 0C1

Program

11:00 am: Registration

Tee start

Lunch will be served on the course

6:00 pm: Networking cocktail reception

7:30 pm: Dinner

Registration

Foursome – $1,100 + 13% HST

Individual (Single) – $275.00 + 13%

Evening Reception – $100.00 + 13%

Food Sponsor

Cart Sponsor

In support of

Virtual Expos - India

Builder Hardware Expo 2021

Metal Cutting Forming & Welding Expo

Community Organizations Announcements

CIF Golf Raffle

For tickets call 289-291-0277 /

pawan@canadaindiafoundation.com

sudha@canadaindiafoundation.com

Ekal Canada

Advertisement

Range Promo: Branded Merchandise

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

ICCC President Tauseef Sheikh's Message on the 75th Anniversary of India's Independence

Sun, 15 Aug 2021 04:00:00 GMT

ICCC Weekly Newsletter - 12 August 2021

Thu, 12 Aug 2021 11:00:00 GMT

Messages

Consul General Apoorva Srivastava

Watch

Tauseef Sheikh, President, ICCC

Watch

As part of the unique campaign to celebrate Azadi ka Amrit Mohatsav, Ministry of Culture, Government of India has created a portal (https://rashtragaan.in/) where diaspora members could upload their video singing the national anthem which will then be compiled into one grand video and be released on August 15 on the occasion of India’s Independence Day. Participants are requested to register here to be eligible for prizes awarded through a lucky draw organised by the Consulate General of India, Toronto.

Download Instructions

Website: Azadi Ka Amrit Mahotsav

Independence Day - 1947

A Tryst with Destiny
Pandit Jawaharlal Nehru's speech

Read / Watch

'One man boundary force'

Mahatma Gandhi's miracle

Gandhiji at the Hyderi Manjil, Calcutta 1947

Calcutta, August 1947

"This time, they were almost a million waiting for him. Day after day, during that terrible fortnight when the Punjab had gone berserk, the size of the crowds attending Gandhi’s regular evening prayer meeting grew, transforming in their steady, spectacular growth the savage metropolis into an oasis of peace and fraternity. The most miserable city-dwellers in the world had heard the message of the frail messenger of love and mastered their ancestral urge for violence and hate.

The miracle of Calcutta had held; the city, as the New York Times noted, ‘was the wonder of India’. Gandhi, with characteristic humility, refused to take credit for it.

‘We are toys in the hands of God,’ he wrote in his paper, the Harijan. ‘He makes us dance to His tune.’

A letter from New Delhi, however, rendered to that humble Caesar the honour he was due.

‘In the Punjab we have 55,000 soldiers and large-scale rioting on our hands,’ Louis Mountbatten wrote to his ‘dejected sparrow’. ‘In Bengal, our force consists of one man and there is no rioting.’ As a military leader and an administrator, the last Viceroy humbly asked, ‘to be allowed to pay tribute to my ‘One Man Boundary Force.’"

Extract from:

Freedom at Midnight Larry Collins and Dominique Lapierre

Rabindranath Tagore signs Jana Gana Mana

Tagore's recital

Upcoming Event

ICCC's 22nd Annual Charity Golf Tournament

Thursday 26 August 2021

Lionhead Golf Club and Convention Centre

8525 Mississauga Rd, Brampton, ON L6Y 0C1

Program

11:00 am: Registration

Tee start

Lunch will be served on the course

6:00 pm: Networking cocktail reception

7:30 pm: Dinner

Registration

Foursome – $1,100 + 13% HST

$1,000 + 13% HST (discounted price up to 16 August 2021)

Individual (Single) – $275.00 + 13%

Evening Reception – $100.00 + 13%

In support of

Olympics Special: Announcement Coming Soon

Advertisement

Range Promo: Branded Merchandise

ICCC Announcements

Murarilal Thapliyal appointed to ICCC's Board

The Board of Directors of the Indo-Canada Chamber of Commerce (ICCC) unanimously decided to appoint Murarilal Thapliyal as a Director on the ICCC's Board to fill an existing vacancy.

Mr. Thapliyal is a Managing Partner of Thapliyal & Rai Law Firm, a boutique law firm in Brampton, ON. He was called to the bar in 2007. As a renowned lawyer, he prides himself in serving the needs of the people and communities in the Greater Toronto Area for over a decade. He has worked for the cause of vulnerable seniors, women, and at-risk youth.

As a sports enthusiast, Mr. Thapliyal devotes resources to promote various sports specially cricket. He is the Founder and President of UK Warriors Cricket Club Canada as well as President of Canadian School of Cricket, Canada. He is pioneer lawyer for Global T20 (GT20) in Canada. Mr. Thapliyal is at the forefront of many volunteering groups and donation campaigns by being the President of the THAPLIYAL FOUNDATION CANADA.

Aditya Jha appointed
Chair of ICCC's Advisory Board

The Board of Directors of the Indo-Canada Chamber of Commerce (ICCC) unanimously decided to appoint Dr. Aditya Jha as the Chair of the Advisory Board of the Chamber for a four-year-term starting August 2021.

A renowned and respected community leader, Dr. Jha will be pivoting the Chamber’s thrust into developing strategies that will enable our 44-year-old institution to effectively fulfill its strategic mandates including:

ICCC@50 Vision & Action plan as ICCC turns 50 years milestone in 2027
Strengthening ICCC Brand in Canada & India As a premier Canada-India trade and investment promotion organization
Business outreach Guide ICCC with action plan to connect with the leaders of Indo-Canadian, Canadian and Indian business leaders in the Canada India trade corridor
Stakeholder outreach Help establish deeper relationship with the Political leaders, Bureaucrats and Think Tank as well as Canadian trade bodies
Paradigm shift Help in developing evaluation/attraction parameters that would enable attracting and retaining sponsors in Canada & India

Dr. Aditya Jha is a Life member of the ICCC, former ICCC Board member and has the rare distinction as recipient of the ICCC’s Technology Award (2004) and Lifetime Achievement Award (2014). He has been honoured with the Order of Canada (2012), Honorary Doctorate (2009) by Ryerson University's Ted Rogers School of Business Management, vested in the Hall of Fame as Champions of Public Education in Canada by the Learning partners and has received many more awards and accolades.

His philanthropic giving includes nurturing entrepreneurship with Canada’s indigenous community. His private charitable foundation (www.poafoundation.org) has fourteen endowments (for scholarships) and five grants (for entrepreneurship) at five Canadian universities/colleges besides his philanthropic activities in India and Nepal. He has served on various federal/provincial and educational boards over the last 15 years.

Dr. Jha is a serial entrepreneur and has had rich international professional experience in Asia, North America and Europe and at present he is the Chairman & Founder of dgMarket International Inc, USA with offices in nine countries including India (Mumbai & Delhi).

He obtained degrees leading to Post graduate studies in Computer Science and is an alumnus of Delhi University, Kurukshetra University, Jawaharlal Nehru University and Ryerson University. He last served as General Manager at Bell Canada before launching his entrepreneurial venture.

Welcome Back!

15% Discount on 15 August

to former members (whose membership has lapsed)

on renewal of membership

Call 416-224-0090 on Monday 16 August 2021

ICCC Committee Appointments

Nominations Committee

The ICCC Board of Directors unanimously approved of the following ICCC members to be a part of the Nominations Committee that will supervise the elections to the next board at the Annual General Meeting scheduled for December 2021.

Arvind Bhardwaj
Hargy Randhawa
Praveen Verma
Sanjeev Malik
Tauseef Sheikh
Amit Narwal will be the Returning Officer for the election.

Media Committee

The ICCC has revived and reconstituted the Media Committee to assist the Chamber in its outreach. Yudhvir Jaswal, a media veteran and a long-standing member and supporter of the ICCC has been appointed as the Chair of the ICCC's Media Committee. Yudhvir is the Group Editor and CEO of multiple media platforms including Midweek Newspaper and Southasian Pulse Radio, Y Media, South Asian Daily.

Members desirous of joining the Media Committee may write to iccc@iccconline.org

Real Estate Committee

The Real Estate Committee of the ICCC has been reconstituted with veteran realtor and ICCC's long-standing supporter Hargy Randhawa being appointed as the Chair of the Committee.

Members desirous of joining the Real Estate Committee may write to iccc@iccconline.org

ICCC Startup Initiative: MoU with BRTSIF

The ICCC signed a MoU with BIL-Ryerson Technology Startup Incubator Foundation (BRTSIF) in July 2021 as part of ICCC's Startup initiative.

The BIL-Ryerson Technology Startup Incubator Foundation. is a Startup Incubator, Accelerator and an Innovation Ecosystem set up with aim to promote startup ventures and support the government of India’s vision for entrepreneurship development and innovation culture.

Through the MoU, the ICCC and BRTSIF intend to engage and collaborate in the areas of innovation, entrepreneurship and towards creating incubation and acceleration programs.

The MoU will be in force for 5 years starting August 2021.

SCOPE OF COLLABORATION

Jointly work towards expanding entrepreneurial and startup ecosystem in India and Canada

Foster entrepreneurship development and provide support with business mentorship, industry connects, access to investors and innovation ecosystem via each other’s network to tech startups and SMEs

Jointly design and execute innovation, entrepreneurship and social impact programs as well as global business to business connects in line with business objectives

Partner, support and publicize each other’s initiatives and keep exploring opportunities to work together and collaborate.

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

ICCC Weekly Newsletter – 30 July 2021

Sat, 31 Jul 2021 17:02:08 GMT

President's Views

Tauseef Sheikh

ICCC's Startup Initiative

ICCC Board's Executive Committee meeting with High Commissioner Ajay Bisaria and Consul General Apoorva Srivastava

His Excellency Ajay Bisaria, the High Commissioner of Canada to India, recently met the Executive Committee members of the Indo-Canada Chamber of Commerce’s (ICCC) Board and discussed the roadmap of collaboration between the Indian diplomatic corps in Canada and the ICCC. One of the most significant suggestions that he made was for the ICCC to venture into supporting the startup space in Canada and India.

The startup ecosystem has emerged as one of the key propellers of growth for both the Canadian and the Indian economies, and as the High Commissioner emphasized during our meeting with him, “Tech startups are the future of Canada – India bilateral ties.”

The ICCC Board immediately decided to swing into action on this proposal and setup a startup committee within the board that Sanjay Kulkarni, Vice President and Director, ICCC, is heading. The ICCC will revive its collaboration with the Schulich School of Business and enter into a new collaboration with Ryerson Venture Zone.

The ICCC has a natural role to play in the startup ecosystem because small businesses dominate the ecosystem. We will focus on startup ventures launched by immigrants from India, and, now that we have a fully functional office in India, we are confident that we will be able to help Indian startups take advantage of the new immigration policies such as the Startup Visa Program.

The ICCC is also planning to create a group comprising successful Indo-Canadian entrepreneurs who can become mentors to startup entrepreneurs, and even consider funding some of the ventures they mentor. I invite you to participate in this initiative. If you are interested, please write to iccc@iccconline.org

Read more: Insight

Member's View: Anil Shah

Huge investments in Indian
steel sector possible

Government must adopt proactive measures such as implementing EOL vehicle policies

Anil Shah is a life member of the Indo-Canada Chamber of Commerce (ICCC). He is the Founder President of Ni-Met Metals Inc. He has been the chair of ICCC's Golf Committee and a recipient of the ICCC's member of the year award in 2005. He offers his perspective on the global scrap metals market and the problems facing the metals scrap and recycling business in an interview published in India’s Minerals and Metals Review

Impact of pandemic and lockdowns on India’s metal scrap recycling business, particularly the stainless-steel scrap recycling industry.

Worldwide scrap demand and supply situation
The pricing for metal scrap as raw materials?
Worldwide scrap demand and supply situation
Scrap metal contribution to National Steel Policy of India
The Current Free Trade Agreements
India’s scrap usage compared to other emerging countries
Evolution of recycling investment landscape
Well-organized scrap collecting, shredding, and sorting ecosystem in India

The Silver Lining in Covid

Thu, 15 Jul 2021 22:33:36 GMT

ICCC-Raymond James Ltd webinar on financial and investment planning

ICCC Weekly Newsletter – 08 July 2021

Thu, 08 Jul 2021 13:00:00 GMT

Mary Simon

Inuk leader Mary Simmon to be Canada's 30th Governor General

Indo-Canada Chamber of Commerce (ICCC) welcomes the appointment of Mary Simon as the 30th Governor General of Canada.

"Mary Simon's appointment represents Canada's continued commitment to diversity and inclusion, and giving representation to the indigenous communities," Tauseef Sheikh, President, ICCC, said. "In light of the recent events, this appointment assumes greater significance," he added.

Ms. Simon is a former broadcaster, civil servant and diplomat. She was born in Kangiqsualujjuaq, Nunavik, Quebec in 1947. She briefly worked as a producer and announcer for CBC North in the 1970s.

She later entered public service, serving on the board of the Northern Quebec Inuit Association and playing a key role in the Charlottetown Accord negotiations. Simon served as Canada’s first ambassador for Circumpolar Affairs from 1994 to 2004, as well as a lead negotiator for the creation of the Arctic Council. She also served as the Canadian Ambassador to Denmark from 1999 to 2002.

ICCC's India Office

First India Members

New Managing Committee

The India Chapter of the Indo-Canada Chamber of Commerce (ICCC) has begun operations. In a statement, Tauseef Sheikh, President, ICCC, announced that the launch of the India Chapter represents a crowning glory in the glorious history of our Chamber."

The India Chapter was launched in 2018 and Tauseef Sheikh had pivoted the launch, he is was active in the present effort to relaunch the Chapter. The response to the membership drive has been extremely good with steady inquiries.

Vikas Sharma, Adviser to Government of India's Ministry of Personnel, is the head of the India Chapter. The Chapter has already enrolled members and will be conducting an extensive outreach in India to augment membership and make it regionally representative.

Ripudaman Singh Dhillon, Vice President and Director, Sponsorship and Member Engagement, said, "This is a momentous occasion for Indo-Canada Chamber of Commerce. We now have members in India. Our presence will help us acquire a truly bilateral stature."

Call for Nominations: ICCC Annual Awards 2021

Nominations are invited for Indo-Canada Chamber of Commerce's (ICCC) Annual Awards.

Since 1993, the ICCC has recognized Indo-Canadians for their achievements in 11 different categories at its Annual Awards and Gala Night.

ICCC’s Advisory Board is entrusted with the responsibility of choosing the award recipients in nine open categories. Two additional awards are presented – the President’s Award to unsung heroes, and the Members’ Award, for voluntarism and community services.

Click on the link below to download the nomination form in each category.

Woman Entrepreneur of the Year

Male Entrepreneur of the Year

Woman Professional of the Year

Male Professional of the Year

Young Achiever of the Year

Technology Achievement of the Year

Corporate Executive of the Year

Humanitarian of the Year

Lifetime / Outstanding Achievement

Send completed nomination forms by email to iccc@iccconline.org

Deadline: 5:00 pm Friday 16 July 2021

Upcoming Events

The Silver Lining In Covid

4:30 PM Thursday 15 July 2021

ICCC Partners with Panorama India for India Day 2021

The Indo-Canada Chamber of Commerce (ICCC) has partnered with Panorama India for the upcoming India Day 2021.

Telus Business: Offers & Announcements for
Small Business Owners

Stand with Owners

Campaign to support Canadian small businesses

Telus Business has launched #StandWithOwners campaign. It has have two initiatives in market:

Small business owners can apply to receive $10,000 and personalized local advertising.

All Canadians are encouraged to support their favourite small business using #StandWithOwners for a chance to win a $500 gift card for that business.

Both these initiatives are running until October.

Go to the website: Stand with Owners

Rapid Activation Program

Wondering how to source and procure the right technology for your business’ digital transformation? Then join the Toronto Region Board of Trade on July 14 for the next Recovery Activation Program webcast!

City of Mississauga Survey Covid-19's
impact on small business

The City of Mississauga’s Economic Development Office (EDO) is conducting a research study to understand how the COVID-19 pandemic has impacted small businesses in several industries in Mississauga and learn how they can support you with your plans for building a resilient economic recovery.

EDO would like to invite you to their upcoming one-hour roundtable meeting for your industry next week so that they can hear directly from you and other business owners in your industry about the challenges you experienced since the onset of the pandemic and your future steps for an economic recovery.

The information shared in this meeting will be confidential for research purposes only and will be used by EDO to identify how they can better support businesses in your industry, and what other services can be provided now and into the future.

To register to attend the meeting for your industry, please confirm your attendance with EDO by clicking the link below that is associated with your industry by noon Friday, July 9th.

Download document: Survey

ICCC Weekly Newsletter - 5 June 2021

Sat, 05 Jun 2021 19:50:04 GMT

ICCC Weekly Newsletter - 5 June 2021

Announcement

Tauseef Sheikh is the 33rd President of ICCC

Tauseef Sheikh

The elected members of the Board of Directors of the Indo-Canada Chamber of Commerce unanimously nominated Tauseef Sheikh as the 33rd President of the Chamber at a meeting held Friday 4 June 2021.

Setting priorities for his tenure, Tauseef said, "Membership and Sponsorship are the two main focus areas for the Board. We have to understand that our Chamber is a community as well as a business institution that represents the aspirations and hope of the Indo-Canadian business community. My endeavour will be to make our membership more broad-based and work with new and existing sponsors to help them derive value for their sponsorship."

One of the senior-most Board members, Tauseef has been associated with the Chamber for more than a decade, and was instrumental in launching the India Chapter of the Chamber in 2018. He has been on the ICCC Board for the last four years, and has held and handled varied positions and portfolios including Vice President and Corporate Secretary; Vice President, Membership Engagement; Director, Sponsorship, New Immigrants & Mentorship.

He is a seasoned, top-performing banking professional with experience in Global Banking, Retail Banking and Wealth Management. Tauseef's journey in Canada began following an international secondment when he was sent to HSBC Bank in Canada from HSBC India as a part of the start-up team of the NRI (Non-Resident Indian) office in Canada. His association with the ICCC began immediately upon his arrival in Canada.

He was responsible for building a North American platform for providing onshore and offshore banking products with particular focus on cross- border Private Banking services. subsequently, in 2018, he was again sent to India on an international secondment to set up crossborder business for global Indians.

He is also the Ambassador for Diversity and Inclusion with HSBC in Canada. He believes in giving back to the community.

Vikas Sharma is ICCC's Vice President & Corporate Secretary

Vikas Sharma

Following Tauseef Sheikh's elevation to the President's position, the elected members of the Board appointed Vikas Sharma to the post of Vice President and Corporate Secretary. Vikas has been on the ICCC Board since 2020.

Vikas has significant experience in international trade and over the last two decades, Vikas has exported to China, India, Vietnam, Mexico and the USA. He specialises in India and North America trade.

Vikas is the President and Founder of the Care4Cause Foundation, which offers dignity, compassion and respect to individuals suffering poverty and unfortunate circumstances. Vikas joined the Tiger Jeet Singh Foundation in 2019 as Director and worked on expanding its Christmas Miracle on Main Street toy drive charity event to Brampton.

In the News - Canada

G7 deal on minimum corporate tax

Make tech giants pay fair share

Britain's treasury chief said the world's richest countries have signed a landmark global agreement to confront tax avoidance and make sure giant tech companies pay their fair share.

Rishi Sunak said finance ministers from the Group of Seven (G7) leading industrialized nations signed the agreement on the second and final day of meetings in London.

They said they have agreed to commit to a global minimum corporate tax of at least 15 per cent on a country by country basis.

"I'm delighted to say that G-7 finance ministers today, after years of discussions, have reached a historic agreement to reform the global tax system to make it fit for the global digital age and crucially to make sure that it's fair so that the right companies pay the right tax in the right places," Sunak said.

Oxygen for India - Marathon Cost to Coast Fundraiser

Sun, 30 May 2021 17:30:00 GMT

ICCC Weekly Newsletter - 25 May 2021

Wed, 26 May 2021 15:06:14 GMT

ICCC Weekly Newsletter – 25 May 2021

Young Adults Demand: Climate Action, Now!

German court declares country's 2019 climate legislation puts more burden on future generations and not enough on the present. Effective climate protection has to be implemented now and not in 10 years' time, when it'll be too late.

Greta Thunberg

Ever since Greta Thunberg, the young Swedish climate activist, stood outside the Swedish Parliament in 2018, with a placard that said, ‘School strike for climate change’, the world has begun to realize that the impact of climate change will be disproportionately more on future generations. There is a grudging acknowledgment that the present generation has to sacrifice more to ensure that the future generation is not unduly burdened with the problem.

On April 29, the Constitutional Court in Germany sided with nine young Germans against the German federal government in a case pertaining to climate change. The court agreed the country’s landmark climate legislation, passed in 2019, put too much of a burden on future generations and didn't take enough responsibility in the present.

“The provisions irreversibly offload major emission reduction burdens onto periods after 2030,” the court ruled, ordering the government to change the legislation.

Many courts have turned out to be receptive to that argument. The first breakthrough came in the Netherlands in 2019, when the Supreme Court ordered the government to cut the nation's greenhouse gas emissions by 25 per cent from 1990 levels by the end of 2020.

Young Canadians for climate action

The attorney representing the young Germans exulted that the verdict recognizes for the first time that freedom must be guaranteed not only here and now, but also intertemporally and globally — that is, across generations and across state borders. Germany's Minister of Economy and Energy Peter Altmaier agreed, calling it “epochal for climate protection and the rights of young people.”

According to a CBC report, the German court’s verdict is a big morale booster to 22 young Canadians who are pursuing a similar case against the Canadian government. The lawsuit is sponsored by the David Suzuki Foundation and the Oregon-based Our Children’s Trust. The suit is intended to force the federal government to adopt more stringent emissions targets.

Globally, young people are awakening to their rights and their future, and are not interested in being obedient to their parents' generation. This rebellion is slowly building and transcending to other issues beside climate change.

Young climate activists beat Germany's government in court (link)

Germany must tighten climate law to protect young people's future (link)

15 Canadian kids sue their government over climate change (link)

Greta Thunberg profile (link)

Disha Ravi profile (link)

Insight

IMF's proposal to end the Covid-19 pandemic

By Kristalina Georgieva, Gita Gopinath, & Ruchir Agarwal

Many countries have stepped up in the global fight against the pandemic, as have institutions such as the World Health Organization, the World Bank, Gavi (the Global Alliance for Vaccines and Immunization), the African Union, and others.

Yet, more than a year into the COVID-19 crisis, new cases worldwide are higher than ever. Urgent action is needed to arrest the rising human toll and economic strain.

As the IMF has warned, economic recoveries are diverging dangerously. The disparities will widen further between wealthy countries that have widespread access to vaccines, diagnostics, and therapeutics, and poorer countries still struggling to inoculate frontline healthcare workers.

As of the end of April 2021, less than two percent of Africa’s population had been vaccinated. By contrast, over 40 percent of the population in the United States and over 20 percent in Europe had received at least one dose of the vaccine.

It is well understood that there can be no lasting end to the economic crisis without an end to the health crisis. Pandemic policy is thus economic policy. It is critical for global macroeconomic and financial stability, which makes it of fundamental importance to the IMF and other economic institutions. Ending the pandemic is a solvable problem but requires further coordinated global action.

The latest research by IMF staff analyzes multiple dimensions of the fight against the pandemic and proposes realistic targets to bring the pandemic substantially under control everywhere—and the means to achieve them. Building on the work of other agencies, the proposal aims to:

vaccinate at least 40 percent of the population in all countries by the end of 2021 and at least 60 percent by the first half of 2022,
track and insure against downside risks, and
ensure widespread testing and tracing, maintain adequate stocks of therapeutics, and enforce public health measures in places where vaccine coverage is low.

Importantly, the strategy requires not just commitments but upfront financing, upfront vaccine donations, and “at-risk” investment for the world to insure against downside scenarios.

To read more, click here

An Appeal for India

The ICCC encourages its Members and stakeholders to contribute directly to any of these organisations.

Read more: Appeal for India: Updated List of Organizations

Past Program

Oxygen for India

Watch the recording here

Message from

Hon. Jason Kenney, Premier of Alberta

To watch, click here

Advertisement

Range Promo: Branded Merchandise

CONNEXT 2021

ICCC's Virtual Trade Mission to India has been rescheduled to the third quarter of 2021. New dates will be announced later.

Download presentation: CONNEXT 2021

Click here for details: CONNEXT 2021

Click here to register: Delegate Registration

In the News: India

Digital payments rising rapidly

Digital payments in India have swelled to 25.5 billion real-time online transactions in 2020, and are expected to account for 71.7% share of all the payments by 2025, according to a ACI Worldwide report released recently.

ACI Worldwide that provides payment solutions to corporations across the globe.

According to the report, by 2025, cash and cheques, the other payment alternatives, will occupy only 28.3% share. Also, of the overall payments in 2020, instant payments accounted for a 15.6% share, 22.9% was other electronic payments and paper-based payments commanded a 61.4% share.

Read more, click here

TELUS Business Exclusive Offer

For details, click here

ICCC Weekly Newsletter - 17 May 2021

Tue, 18 May 2021 01:00:00 GMT

ICCC Weekly Newsletter – 17 May 2021

The power of giving

VIJAY THOMAS

President, ICCC

On 16 May our Chamber organized Oxygen for India virtual coast-to-coast marathon fundraiser. The program will continue for the next three Sundays – 23 May, 30 May and 6 June.

I may sound a bit immodest, but I am proud to report that the program was an unprecedented success. It received tremendous support and participation from political decisionmakers, diplomatic corps, community leaders and perhaps more importantly individuals.

The twin objectives of Oxygen for India were not just to raise resources but also to raise awareness. And it is heartening that the program succeeded in achieving both these objectives in full measure.

For me, personally, it is immensely gratifying that we have been able to enthuse individuals to come forward and contribute to the cause. It is the participation of individuals who dip into their purse and contribute $25 or $50 or $100 that really makes an effort such as this one genuinely people focused and oriented.

It takes a lot for an individual to give to charity and the fact that our campaign managed to touch the hearts of so many people is a cause for celebration.

We have done our part - have you?

Campaign

Our purpose is to help India. As I said in my interview to Jessica Cheung of CBC on Sunday, “This is something that the best of nations, if they got hit with what hit India, they would not be able to do it on their own as well. They would need help as well.”

I am confident that in the next three weeks we will reach our target of raising two million dollars for Oxygen for India project; and in the process, we would have created awareness on an unprecedented scale.

A project of this magnitude is only possible when a team coalesces together perfectly to achieve common objectives. I want to place on record the contribution of our team that worked selflessly and strenuously to make the program a success – Ramesh Chotai of Vraj Community Services and our Chamber’s past president and a former Advisory Board member; Dave Kapil of New Brampton, and a community leader who has dedicated his life to philanthropy and community service; Bidhu Jha, former MLA of Manitoba; Aruna Anand, a devoted and well-connected community leader; Bhavik Parikh, my colleague on the board; and Ajay Tandon, our Chamber’s past VP and Director.

I invite you to participate in our forthcoming programs that we will be organizing on the next three Sundays. Participate and contribute. This is for India, and as Indo-Canadians, it is our duty to come forward and do our bit.

Report on 16 May 2021 program

TORONTO: The Indo-Canada Chamber of Commerce (ICCC) launched its 'Oxygen for India' marathon fundraiser to collect $2 million to send oxygen equipment to India. Almost $500,000 was raised during the very first session of the marathon fundraiser on Sunday. It will be held for three hours every Sunday for four weeks.

ICCC president Vijay Thomas said their initiative aims at garnering donations not only from the 1.6 million Indo-Canadian community, but also businesses and cities across Canada. “The money will be used to send oxygen concentrators and generators and we will find new pathways to send oxygen to India. We want to ensure that oxygen reaches tier 2 and 3 cities and towns before they get severely hit by the virus,” Thomas said.

Top business owners and medical professionals took part in the marathon fundraiser. Among the political decisionmakers who participated in the program included Hon. Anita Anand, Canada’s Minister of Public Services and Procurement; Hon. Doug Ford, Premier of Ontario; Hon. Kelvin Goertzen, Deputy Premier of Manitoba; David Chartrand, President of the Manitoba Metis Federation; Mayors Bonnie Crombie (Mississauga); Patrick Brown (Brampton); and Frank Scarpitti (Markham). They individually appealed to their constituents to contribute to the Oxygen for India campaign.

Ontario Premier Doug Ford announced that 2,000 additional ventilators are being sent to India, in addition to 3,000 already delivered. “The whole plane-load of Air Canada is filled from front to back and arriving (in India) by Tuesday with all sorts of supplies. The people of India have been there for us and we will be there for them,” the Ontario Premier said, referring to India’s delivery of one million vaccine doses to Canada earlier this year.

The biggest contribution of $50,000 came from Canada’s native or indigenous Metis people. “We have similarities with Indians even though we are from different parts of the world. India will be there for us when we need, and we should be there for them now. We will donate $50,000 to the ICCC and do more if needed,” announced David Chartrand, President of the Manitoba Metis Federation.

Virtual coast-to-coast marathon fundraiser

Watch the recording here

And join us on 23 May, 30 May & 6 June

Organizing Core Committee

Vijay Thomas

Ramesh Chotai

Dave Kapil

Aruna Anand

Bidhu Jha

Bhavik Parikh

In the News: Oxygen for India coverage

CBC: Toronto non-profit organization raises over $400K to send oxygen to India as it fights COVID-19. Indo-Canada Chamber of Commerce aims to raise $2M through virtual fundraisers on Sundays (link)

Weekly Voice (link)

The New Indian Express (link)

CanIndia (link)

Financial Express (link)

Daily Hamdard (link)

Navhind Times (link)

Hindustan Times (link)

FR24 (link)

The Tribune (link)

Outlook (link)

Prime Asia TV - News Snippet (link)

Prime Asia TV - Exclusive Interviews (link)

Omni TV (link)

Advertisement

Range Promo: Branded Merchandise

An Appeal for India

The ICCC encourages its Members and stakeholders to contribute directly to any of these organisations.

Report of Oxygen for India Virtual Coast-to-Coast Marathon Fundraiser - 16 May

Sun, 16 May 2021 15:26:15 GMT

ICCC Weekly Newsletter - 09 May 2021

Sun, 09 May 2021 16:36:24 GMT

ICCC Weekly Newsletter 09 May 2021

The magic of Indian elections

Voters displaying their voter identity cards while queuing up to cast their ballot

Unlike the elections held in many totalitarian regimes, where the results are known prior to being declared, the Indian election are democratic, and have unerringly reflected the people’s choice, whether it was the massive mandate that Narendra Modi got in 2019 or Mamata Banerjee in 2021.

Equally importantly, the people’s mandate has always been respected by political parties, with transition of power guaranteed based on election results. It is a different matter that in rare cases, post-election horse-trading of elected representatives subverts people’s mandate.

But beyond the obvious politics of elections, there is an incomparable logistical story behind the elections. Indian elections are a gargantuan exercise. The 17th Lok Sabha or lower house of India’s bicameral parliament was elected based on the results of the world’s biggest election conducted in the summer of 2019. This was the largest democratic and the most expensive election in the world.

With over 900 million eligible voters from over a billion population, spread over seven phases, the 2019 elections saw more than 8,000 candidates and 645 political parties in fray for 543 Parliamentary seats.

The Election Commission of India, the non-partisan agency that organises elections in India, puts in a lot of effort to make this democratic exercise as accessible as possible. India’s budget has allocated 2.62 billion rupees to the Election Commission in 2019, a new high.

Election Commission officials reaching remote corners of India to ensure all eligible voters can cast their ballot

The legion of officials that is deployed by the Election Commission ensures that everyone, even in the most remote locations, is near a polling booth. In India, there is a law that election voting machines must be placed within 2 kilometers of every voter.

The Indian Election Commission has faced large costs organizing an election with polling stations running from 15,000 feet above sea level in the Himalayas and one for a sole hermit deep in the jungles of Western India.

The Election Commission uses some of the funds allocated for hiring elephants to carry electronic voting machines to relatively inaccessible regions, and boats to ferry men and materials across the mighty Brahmaputra river in the northeast.

These costs don't include the amount that political parties spend on canvassing for votes. According to the New Delhi-based Centre for Media Studies, the 2019 general elections cost India $7billion.

Indian Lok Sabha Elections Statistics & Facts (link)

How India runs the world's biggest elections (link)

Elections in India (link)

WORK WITH INDIA
TO CONQUER THE
2ND WAVE OF COVID-19

The Indo-Canada Chamber of Commerce (ICCC) is organizing ‘OXYGEN FOR INDIA’, a marathon fundraiser to help India fight the deadly second Covid-19 wave. We believe that alone not much can be achieved, but ‘TOGETHER’, we can do so much more, hence we are bringing together more than 82 other Indo-Canadian organizations to aid us in this humanitarian effort.

From coast to coast, we are armed with the purpose of raising awareness and resources for oxygen to India. Our efforts are aimed at providing an opportunity to the 1.6 million-strong Indo-Canadian community and the 36 million Canadians to participate in this charitable program.

Among the community organizations that will be participating include Vraj Community Services, Panorama India, New Brampton, Meiti Group (Manitoba). Many more community organizations will join the program next week.

Prominent political decisionmakers, member of the diplomatic corps, public figures, influencers, among others will participate in the program. Both the Canadian and Indian media will extensively cover the program.

Don't miss this once-in-a-lifetime opportunity to participate in a program that will go down in history as epochal and path-breaking

Organizing Core Committee

Vijay Thomas
Ramesh Chotai
Dave Kapil

An Appeal for India

Vijay Thomas

President, ICCC

The ICCC encourages its Members and stakeholders to contribute directly to any of these organisations.

Read more: Appeal for India: Updated List of Organizations (link)

CONNEXT 2021

ICCC's Virtual Trade Mission to India has been rescheduled to the third quarter of 2021. New dates will be announced later.

Download presentation: CONNEXT 2021

Click here for details: CONNEXT 2021

Click here to register: Delegate Registration

Advertisement

Range Promo: Working for your image

In the News: Canada

Trends in businesses’ needs for personal protective equipment

The onset of the COVID-19 pandemic created an unprecedented demand for personal protective equipment (PPE) across the globe which has led to uncertainty about supplies and inventories of PPE. Various public health guidelines which restricted operations of businesses were implemented across the country to curb the spread of COVID-19.

In February 2021, to allow for the reopening of the economy, some of the implemented restrictions were alleviated across the country in varying degrees. The Personal Protective Equipment Survey (PPES) provides a portrait of demand and supply of PPE in Canada allowing decision makers to respond to the evolving needs of Canadian businesses. This article examines the evolution of private sector businesses’ demand and supply of PPE using data from the February 2021 PPES.

Just under two-thirds (66.1%) of businesses reported that they needed, or expected to need, PPE in order to operate in accordance with COVID-19 related public health guidelines. This is roughly unchanged from December 2020 (66.9%).

Different sectors of the economy continue to have varying demands for PPE. Businesses in the services-producing sector were more likely to demand PPE with more than three-quarters of businesses in educational services (92.1%), health care and social assistance (84.3%), retail trade (84.0%), and accommodation and food services (79.5%) demanding PPE compared to less than half of businesses in professional, scientific and technical services (41.9%) and agriculture, forestry, fishing and hunting (27.7%).

Read more: Adapting to a new reality (link)

In the News: India

Indian Ayurveda Industry

The healthcare market in India is evolving at a rapid pace. It is one of the fastest growing industries with an estimated compound annual growth rate (CAGR) of 23% from 2015 to 2020 and is expected to be a $280 billion market by 2021. Rising income levels, the growing geriatric population, greater penetration of healthcare in rural settings, and increasing health awareness with an emphasis on “preventative healthcare,” is expected to enhance the demand for healthcare services.

India’s National Health Policy aims at achieving Universal Health Coverage and delivering quality healthcare to all at an affordable cost. The policy aims at providing a comprehensive primary health package which includes major communicable, non-communicable and chronic diseases, geriatrics, palliative and rehabilitative care.

For a vast country like India, to achieve this goal with just the modern medicine system in place is a herculean task, as even modern therapies have their own drawbacks such as burgeoning costs, quality of life issues, and the inability to prevent and cure many diseases.

However, Ayurveda can change this outlook of healthcare delivery by getting integrated into mainstream healthcare. Promoting Ayurveda as a mainstream therapy approach can be used to bridge the burgeoning gap between demand and supply by primarily focusing on the secondary and tertiary prevention of diseases. In addition, the substantial opportunity in promotive health and restoration of functional health is best addressed by Ayurveda.

India’s ambition to provide universal access and quality healthcare at an affordable cost mandates a paradigm shift in adoption of Ayurveda into the mainstream healthcare system.

Ayurveda’s root cause management approach goes beyond just being a curative system of medicine to being a preventive and promotive healthcare system as well. The industry has gained recognition both in India and developed countries as an alternative system of medicine.

Despite having a strong advantage over modern therapies, the Ayurveda industry’s growth trajectory remains subdued. There is a burning need to prioritize focus on products and services that can jump-start modest growth and triple the industry’s market potential.

This Vision Roadmap study (undertaken by Frost & Sullivan and CII) to identify mega pivots and growth levers that will unlock value in key industry segments and lead to decisive action with solid implementation. It is an outcome of multiple rounds of discussions with key stakeholders in the Indian Ayurveda Industry.

Read more: Vision 2022 Roadmap for the Indian Ayurveda (link)

Past Programs and Events

India & Covid-19's Second Wave -

A Panel Discussion

On 29 April 2021, as part of its continuing Thursday Talks Webinar Series, the ICCC organized a panel discussion on India and Covid-19's Second Wave. Canada's Minister Anita Anand gave introductory remarks, emphasizing the excellent bilateral ties between the two countries. Apoorva Srivastava, Consul General of India to Canada, set the tone of the discussion in her keynote address by emphasizing that India is capable of procuring its medical emergency needs commercially. The panelists included Ramesh Chotai of Vraj Community Services, Kanchan Kumar of TiE-Toronto, Madhukar Pai and Ananya Banerjee of McGill University, and Sharonya Sekhar of Red Cross Canada. The session gave an opportunity have a fact-based debate to discuss the impact of the resurgence of the pandemic and what needs to be done.

Watch the recording of the Webinar: India & Covid-19's second wave (link)

Youth Membership

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

ICCC Weekly Newsletter - 1 May

Sat, 01 May 2021 22:30:00 GMT

ICCC Weekly Newsletter

01 May 2021

For whom the bells tolls

“Any man's death diminishes me, because I am involved in mankind, and therefore never send to know for whom the bells tolls; it tolls for thee.”

John Donne (1572 – 1631).

The statistics are staggering. Apparently, by some calculations, four Indians are dying every minute, as the macabre death dance caused by the resurgence of the second wave of Covid-19 devastates India.

According to Johns Hopkins Coronavirus Resource Centre, the leading online statistical resource for tracking the global spread of Covid-19, despite the resurgence of the virus, India’s death rate as compared to its population, is not as high as some of the more developed countries. The table below list the 10 countries with the highest number of deaths.

Of course, the situation is extremely fluid in India, and the caseload is rising every day to cross half-a-million daily in the coming days, and the number of deaths in India will rise exponentially. According to many experts, May and June will see the situation worsening.

According to a World Health Organization report Global Spending on Health: Weathering the storm, published in December 2020, before the COVID-19 pandemic, global spending on health was continuing to rise, though at a slower rate in recent years.

In 2018, global spending on health reached US$ 8.3 trillion, or 10% of global GDP, and it was the first time in the past five years that health spending grew slower than GDP. Pertinently, Government health spending per capita grew over the 2000–2018 period, but at a slower rate after the economic crises of 2008–2009.

The share of out-of-pocket spending in total health spending remained above 40% in low and lower middle-income countries. Health spending from external aid reached its peak in 2014 and has since fallen. The share of external aid absorbed by lower middle-income countries has been increasing and in recent years surpassed that of low-income countries. The share of health spending devoted to primary health care varied widely across countries.

WHO report (link)

Current Health Expenditure (link)

Johns Hopkins Coronavirus Resource Centre (link)

Indo-Canadian Task Force

Combatting Covid-19's 2nd Wave in India

Taskforce's first Zoom meeting on 1 May

India is currently facing a massive surge in cases of COVID-19. The situation is critical. The sharp increase in cases is putting immense pressure on India’s healthcare system. The Indo-Canada Chamber of Commerce Taskforce on India’s Covid-19 crisis comprises entrepreneurs, academics, community leaders, and supported by the Canadian and India diplomatic corps. The taskforce has already engaged political decisionmakers both in Canada and India.

Objective:

The taskforce will focus on the following:

Reach out to 1.6 million Indo-Canadians and seek $100 contribution from each Indo-Canadian (target: $160 million)
Raising resources to buy medical equipment
Procuring equipment from global markets
Sending equipment to India where it is most needed
Coordinate with the Indian and Canadian governments on the formulating an urgent action plan to overcome the crisis

If you are interested in contributing resources to the taskforce, please contact iccc@iccc.org

An Appeal for India

Vijay Thomas

HELP INDIA CONQUER THE SECOND WAVE OF COVID-19

The ICCC encourages its Members and stakeholders to contribute directly to any of these organisations.

Read more: Appeal for India: Updated List of Organizations

CONNEXT 2021

ICCC's Virtual Trade Mission to India has been rescheduled to the third quarter of 2021. New dates will be announced later.

Download presentation: CONNEXT 2021

Click here for details: CONNEXT 2021

Click here to register: Delegate Registration

Past Programs and Events

India & Covid-19's Second Wave - A Panel Discussion

Watch the recording of the Webinar: India & Covid-19's second wave

In the News

Canada

Covid-19 pandemic slows down FDI in Canada

Foreign direct investment activity slowed considerably in Canada and globally in 2020 amid upheavals caused by the COVID-19 pandemic. Nonetheless, the stock of both Canadian direct investment abroad and foreign direct investment in Canada continued to increase, the growth in the investment position abroad exceeding that of investment in Canada.

The stock of Canadian direct investment abroad increased by 4.2% to $1,469.3 billion at the end of the year. Meanwhile, the stock of foreign direct investment in Canada was up 2.7% to reach $1,046.3 billion. As a result, the net foreign direct investment position reached $423.0 billion, up $31.6 billion from 2019.

An Appeal for India - Part I

Sat, 01 May 2021 18:27:06 GMT

An Appeal for India

Updated Additional List of Organizations

VIJAY THOMAS

President

Indo-Canada Chamber of Commerce

HELP INDIA CONQUER THE SECOND WAVE OF COVID-19

The ICCC encourages its Members and stakeholders to contribute directly to any of these organisations.

Canadian Red Cross Covid-19 Response in India

The images and stories coming out of India are heartbreaking. Patients lined up outside of hospitals waiting for care. Supplies of medical oxygen and beds are dwindling. Health workers and ambulances services are limited. India is currently facing a massive surge in cases of COVID-19. The situation is critical. The sharp increase in cases is putting immense pressure on India’s healthcare system and the Indian Red Cross Society is working hard to help alleviate the burden.

Website: Canada Red Cross

Donate: Canada Red Cross - India Covid-19 Relief

The Canadian Red Cross is working directly with the Indian Red Cross in providing relief.

Donate: Indian Red Cross

Download flyer: Canadian Red Cross

Oxfam COVID-19 Response in India

Oxfam India is procuring oxygen tanks, beds, digital thermometers, and other medical equipment to help government hospitals where supplies are desperately low. We are also preparing to provide food rations and cash support to stranded migrant workers and other marginalized groups, and handwashing stations in public spaces. Your donation to Oxfam today will go directly to this response.

Website: Oxfam Canada

Donate: Oxfam Canada - India Covid-19 Relief

Plan International Canada Covid-19 Response in India

India has declared a state of emergency, with a deadly second wave of COVID-19 reaching grave proportions. With the country setting global records as one of the most pandemic-plagued nations in the world, millions of lives are now at stake.

Donate now to stop COVID-19 from spreading further and claiming more lives.

Website: Plan International Canada

Donate: Plan International Canada - India Covid-19 Relief

UNICEF Canada Covid-19 Response in India

Your donation will help UNICEF supply life-saving medical oxygen and testing machines in the most affected districts in India. A second wave of COVID-19 is wreaking havoc throughout India. The loss of life is tragic and catastrophic — with nearly two deaths every minute. Growing exponentially every day, this recent COVID-19 outbreak is recording the highest count of new cases, more than any other country throughout the entire pandemic. The new surge in COVID-19 cases is also seeing more young people including children fall ill. Hospitals and health centres across the country are overwhelmed with hospital beds, essential drugs and oxygen running out. People are desperate for urgent care.

Website: Unicef Canada

Donate: Unicef Canada India Covid-19 Relief

Save the Children Covid-19 Response in India

Due to the ongoing record surge in COVID-19 cases, millions of children in India are being pushed deeper into poverty and facing many other life-threatening risks.

Website: Save the Children

Donate: Save the Children India Covid-19 Relief

HelpAge Canada Covid-19 Response in India

As India fights to stay afloat amidst the COVID-19 lockdown, the elderly are struggling to simply survive. Older persons have been the worst hit, as they are the most vulnerable especially those above 80 years of age who are at a high risk of succumbing to COVID-19. Older persons in Indian are in urgent need for awareness raising, food packages, hygiene kits, personal health support, water, sanitation, hygiene and vaccine support. We need to help India fight this pandemic.

Website: HelpAge Canada

Donate: HelpAge Canada India Covid-19 Relief

Vraj Community Services

Vraj Community Services in collaboration with South Asian Health Network and other affiliates have started a drive to send to India directly to the severely affected Hospitals the ‘Oxygen Generators with 8 Litres or More capacity’. The drive is underway in full swing. The intent is to have at least 500 Heavy Duty Generators delivered with a minimum of delay. The manufacturers of the equipment have already been contacted.

The cost of each generator is approx CDN $320.00. We have contacted a credible NGO in India who will coordinate our efforts to ensure the even distribution to the affected Hospitals.

We are seeking the help of donors for contributing to this humanitarian cause. The donors will receive the Canadian Charitable Donation receipt with full transparency and the confirmation of the delivery.

Payment Method for Canada - Vraj Community Services

Please click here: Vraj Donations

E-transfer to Vraj Community

Charitable tax receipts will be provided

International Development and Relief Foundation (IDRF) Covid-19 Response in India

India is in the midst of a humanitarian crisis. On April 24th, 2021 almost 350,000 new COVID-19 cases were reported. India has the highest daily infection rate of any country. Over 2,600 people in India are losing their lives to the virus each day, with the nation on track to surpass over 200,000 COVID-19 linked deaths by April 30th.

IDRF is helping build capacity of hospitals and medical centres that are treating COVID-19 patients in states like Gujarat, and Madhya Pradesh. As part of the initial response: 11 hospitals have been identified and will be supplied with essential bilevel positive airway pressure (BiPAP) ventilation systems. Beds and other medical equipment will be provided to these hospitals. Medication and food packages will be provided to hospitals, and families of COVID-19 patients across India. These essential packages are helping patients and their families sustain their basic needs as they fight this devastating virus.

Website: IDRF

Donate (Zakat eligible): IDRF India Covid-19 Relief

Khalsa Aid Oxygen Concentrator Appeal

Khalsa Aid is appealing for donations of Oxygen Concentrator machines for India

Donate in Canada: Khalsa Aid / Email

Currently unable to provide tax receipts in Canada

World Vision Covid-19 Response in India

COVID-19 cases are surging across India, putting girls and boys, and their families, at risk. Official reports show the daily infection rate is over 360,000, and daily deaths are over 3,000. Hospitals are overwhelmed and life-saving supplies such as oxygen are in short supply.

Your contribution to World Vision’s COVID-19 emergency response in India will help:

Strengthen and equip health care systems with items such as oxygen concentrators, beds and tents;
Create awareness around the importance of the vaccine, and;
Provide psychosocial support to vulnerable girls, boys, and their families, and more.

Website: World Vision

Donate: World Vision India Covid-19 Relief

Sanatan Mandir Community Centre

Covid-19 Response in India

As India battles the Covid-19 Pandemic, Indian peoples are facing unforeseen challenges. In India, Covid-19 has strained healthcare systems and resources for those in need. The Oxygen supply has limited to the lowest point and lives are lost every minute. Sanatan Mandir has decided to send a minimum 100 Oxygen Concentrators. Please donate generously, Contact any of the committee members. The donors will receive the Sanatan Mandir donation receipt. Donation must be paid online, or by cheque or e Transfer within 24 hours of your commitment.

Pankaj Shah - (647) 274-1107

Mahesh Chokshi - (416) 417-9119

Haresh Mehta-(416) 846 8002

Website: SMCC

Donate: SMCC India Covid-19 Relief

Ekal Canada Covid-19 Response in India

Ekal has been successful in keeping 100,000 Ekal villages with population of 100 million people safe until recently. We are sorry to share that epidemic has now begun to infiltrate Ekal villages. Most of Ekal villages are very remote, and generally do not have easy access to medical facilities. A large team of Ekal workers is trying hard to prevent and control epidemic in these villages. Ekal needs funds for prevention and control of epidemic in these villages. We need your support. Funds requirement for the above is huge. Ekal Canada has already committed to send $100,000 within days. Donations can be made online by eTransfer at info@ekal.ca, or at Ekal website www.ekal.ca. ; Tax receipt will be issued for these donations. Will be pleased to answer any questions.

Website: Ekal Canada

Donate: Ekal Canada India Covid-19 Relief

Continued here

An Appeal for India - Part II

Sat, 01 May 2021 18:26:00 GMT

An Appeal for India

Updated Additional List of Organizations

VIJAY THOMAS

President

Indo-Canada Chamber of Commerce

HELP INDIA CONQUER THE SECOND WAVE OF COVID-19

The ICCC encourages its Members and stakeholders to contribute directly to any of these organisations.

Islamic Relief Canada Covid-19 Response in India

Help us deliver Oxygen & Covid-19 Vaccines to India. Every second in India, 4 new cases of Covid-19 are recorded with 2 new deaths per minute. Cases are surging by hundreds of thousands per day, hitting record peaks with graveyards completely overwhelmed. People are left fighting for their lives amidst a severe shortage of vaccines and medical care as hospitals and critical care facilities are starved of oxygen supplies. In support of UNICEF, Islamic Relief Canada is helping deliver Covid-19 vaccines to the world’s most poorest countries. We urge you to help us respond to this crisis in India and end the pandemic everywhere, quickly and equitably, one vaccine at a time. Today, you can pay it forward and donate oxygen and vaccines to help save a life in India.Help provide urgent relief today. Every life deserves a chance.

Website: Islamic Relief Canada

Donate: Islamic Relief Canada India Covid-19 Relief

Canadian Council of Indian Muslims

Urgent Appeal

Help India Breathe

Stand with those facing Covid-19 in India.

Funds solicited for O2 Concentrators and Cylinders PPEs and Medicines.

CCIM is working with organizations who have volunteers on the ground providing various kind of support including but not limited to arranging oxygen supply, make-shift beds and providing medicine.

Send your contributions to relief4india@ccmorg.com

SEWA Canada International

Covid-19 Response in India

The second wave of COVID-19 has hit India hard. The number of cases have risen exponentially within a week. With very high density of population, the healthcare system is struggling to keep up. With more than 2,200 deaths just yesterday (23rd April) and more than 2 million active cases, this second wave requires an immediate response. Sewa and its organizations worldwide were one of the first to swing into action on the ground.

100% of your donation is transferred to to the effort on the ground. All donations are tax deductible in Canada. Tax receipts will be issued automatically by GoFundMe via PayPal Giving Fund.

Website: Sewa Canada

Donate: Sewa International Canada

Freedom from Poverty Foundation

Covid-19 Response in India

We currently have 92 hospitalized patients, in our charity hospital in India, under oxygen therapy and IV medical treatment for severe COVID-19 infections. We need YOUR help to purchase oxygen cylinders and IV medications to continue to treat these patients. If you would like to help us help these Covid-19 patients, please visit our website’s donation page and make a tax-deductible donation.

Website: FFPF

Overseas Volunteers of Better India

Donate: OVBI

Currently unable to provide tax receipts in Canada.

Or donate to Paytm campaign in India

Paytm Foundation is raising ₹10 crore to donate Oxygen Concentrators across India. Paytm will match the contributions received through this initiative.

Donate directly here: Paytm

ICCC Thursday Talks - India & Covid-19's Second Wave

Thu, 29 Apr 2021 21:30:00 GMT

ICCC Weekly Newsletter - 24 April 2021

Sat, 24 Apr 2021 21:20:26 GMT

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.

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.”

Indo-Canada Chamber of Commerce Partners with TEMA

Sat, 24 Apr 2021 17:24:16 GMT

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.

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.

ICCC Thursday Talks Webinar Series: Canada's Budget

Thu, 22 Apr 2021 22:00:00 GMT

Canada's Budget: High on Expectations

BUT WILL IT DELIVER?

ICCC President's statement to La Presse

Thu, 22 Apr 2021 18:11:52 GMT

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.

ICCC President Vijay Thomas on CBC's National

Wed, 21 Apr 2021 18:17:43 GMT

ICCC Weekly Newsletter - 17 April 2021

Sat, 17 Apr 2021 13:00:00 GMT

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.

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?

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.

ICCC Webinar Series: Agriculture Reforms in India 15 April 2021

Fri, 16 Apr 2021 20:58:52 GMT

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

ICCC Weekly Newsletter – 10 April 2021

Mon, 12 Apr 2021 18:16:19 GMT

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.

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

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 CBC report: Canada's worldwide vaccine ranking is rising

Covid-19 in Canada: A One-year Update

ICCC Leaders Talk Webinar Series - Interactive Session with Hon. Erin O'Toole

Thu, 08 Apr 2021 20:11:06 GMT

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.

ICCC Weekly Newsletter - 29 March 2021

Mon, 29 Mar 2021 13:00:00 GMT

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.

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.

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

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.”

ICCC Thursday Talks Webinar Series: Astrology, Vastu & Feng Shui

Thu, 25 Mar 2021 21:34:58 GMT

ICCC - TiE-Toronto MoU to strengthen strategic partnership

Wed, 24 Mar 2021 19:39:29 GMT

ICCC - TiE-Toronto MoU to strengthen strategic partnership

The Indo-Canada Chamber of Commerce (ICCC) and The Indus Entrepreneur (TiE) – Toronto (TiE-Toronto) have signed a Memorandum of Understanding on 24 March 2021. The purpose of the MoU is to enhance cooperation between ICCC and TiE-Toronto to strengthen strategic partnership to maximize benefits to the members of both the organizations. TiE-Toronto will participate in the ICCC’s upcoming 10 Days 10 States Virtual Trade Mission to India being organized between 11 May and 25 May.

Announcing the partnership, Vijay Thomas, President, ICCC, in a statement issued in Toronto, said, “We are delighted to welcome TiE-Toronto as our strategic partner. Synergies exist between the ICCC and TiE-Toronto to combine efforts to nurture a relationship beneficial to members of both the organizations,” he said.

Mahendra Naik, President, TiE-Toronto, said, “The MoU between TiE-Toronto and the ICCC will pave the way for a more cohesive approach to build mutually beneficial programs that can directly add value to members of both our organizations. We are eagerly looking forward to our participation in 10 Days 10 States Virtual Trade Mission. We will involve TiE chapters in these 10 states to participate in the program.”

The Indus Entrepreneur (TiE) – Toronto is the Toronto Chapter of TiE Global Entrepreneurship Organization. Since 1992. TiE has been supporting entrepreneurs by offering education, mentorship, networking and funding opportunities. The mission of TiE is to foster entrepreneurship through mentoring, networking, education, funding and incubation. With a focus of giving back to the community, TiE’s focus is on generating and nurturing the next generation of entrepreneurs. Its vision is to assist entrepreneurs to empower individuals and create wealth in communities.

While the MoU covers 15 broad areas of cooperation, the main ones are:

Member discounts: ICCC will offer all active TiE-Toronto members 25 % discount on Corporate Members for the first year. Similarly, TiE-Toronto will offer ICCC members 25% discount on its Associate Membership (both offers will be valid until 31 March 2022).
Member rates: ICCC and TiE-Toronto agree to apply member rates for members of each organisation should they wish to participate in any event organised by either organization.
Promote business: Work cooperatively to identify and explore business and career opportunities between ICCC and TiE-Toronto members, and jointly work to identify and create bilateral economic, technical and business opportunities between Canada and India.
Advocacy: Develop ways that companies can reduce risk of entering bilateral business relationships between India and Canadian markets or any territories like US, and be advocates to the Canadian Government on policies that hinder the development of business and technology linkages between Indian and Canadian companies.
Networking: Be an effective forum for networking, exchanging ideas and information and advancing the interests of the ICCC and TiE-Toronto.

ICCC Weekly Newsletter - 20 March 2021

Mon, 22 Mar 2021 11:35:56 GMT

ICCC Weekly Newsletter

20 March 2021

Fighting Racism

On 16 March 2021, a series of mass shootings occurred at three different day spas in the metropolitan area of Atlanta, Georgia, United States. Eight people were killed, six of whom were women of Asian descent, and one person was wounded. A suspect, 21-year-old Robert Aaron Long, was taken into custody later that day. There has been a lame attempt at deliberate obfuscation over Long’s motives, and efforts have been made to conceal the blatant racism as the only reason behind this dastardly act.

Less than a week later, on 21 March the world will observe the United Nation’s International Day for the Elimination of Racial Discrimination. The International Day for the Elimination of Racial Discrimination is observed annually on the day the police in Sharpeville, South Africa, opened fire and killed 69 people at a peaceful demonstration against apartheid “pass laws” in 1960.

“Youth standing up against racism” is the 2021 theme. It engages the public through #FightRacism, which aims to foster a global culture of tolerance, equality and anti-discrimination and calls on each and every one of us to stand up against racial prejudice and intolerant attitudes.

On 17 March, Ontario’s Ministry of Intergovernmental Affairs, Cabinet Office’s Anti-Racism Working Group and the Anti-Racism Directorate organized the first-ever OPS DAY OF UNITY AGAINST RACISM in honour of the UN International Day for the Elimination of Racial Discrimination.

The purpose of this annual event is to increase awareness of racism and what it means to be anti-racist as we work to build more understanding among all of us. On its webpage ‘Employer resource hub: workplaces that work for all’ Ontario government has basic but invaluable information about combatting racism in the workplace. Preventing systemic racism in the workplace is a critical objective that can be undermined by many factors, including:

An organization’s culture
Outdated human resources policies and practices
A lack of resources and supports

Indigenous, Black and racialized people face distinct challenges entering the workforce, advancing in their career and seeking out learning and professional development opportunities. This often results in an unequal distribution of income and opportunities across these communities. There is incredible talent and expertise within Ontario’s Indigenous, Black and racialized communities. Building companies that work for all is good for business and can result in better performance, higher revenues and increased work attendance. Employers need to address the barriers that prevent this pool of talent from entering the workforce, advancing in their careers and accessing professional development. Addressing systemic racism in the workplace matters. When employees think their organization is committed to diversity and feel included, they report better performance in innovation and team collaboration.

To combat racism, we must make a sincere effort to understand what it is, in its entirety. In the Indo-Canadian context, one can be both a victim and a perpetrator; and it may encompass not just race, but religion, ethnicity, caste, and sect.

United Nation’s International Day for the Elimination of Racial Discrimination: Website

Youth standing up against racism: Website

Ontario’s Anti-Racism Directorate: Website

Employer Resource Hub (Ontario): Website

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

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

5 sectors

ICT
Start Ups
Tourism
Food – Processing/Retail
Pharma /Medical Devices/Healthcare

ICCC is conducting a virtual curtain-raiser on 1 April 2021 to provide more details about the trade mission.

Or watch live on Facebook

Recovery Activation Program

ENROLL NOW

Indo-Canada Chamber of Commerce has joined the Recovery Activation Program launched in 2020 by the Toronto Region Board of Trade’s World Trade Centre Toronto.

The program provides immersive training, mentoring and support to assist with digital modernization and help businesses adapt to the new normal.

The program offers participants unprecedented access to engage with industry leaders, and build their personalised plan to digitally grow their business – at no cost to them.

A strong digital approach can help all businesses operate better, create new opportunities, and support future growth. RAP ensures that participants feel confident they are approaching their digital transformation the right way.

Select ICCC as the referral agency when filling the form

https://wtctoronto.com/rap

Instructions to fill out the form: Choose Chamber of Commerce, then choose Other, and then type ICCC or Indo-Canada Chamber of Commerce.

Trade Opportunity

Services Export Promotion Council

Virtual Buyer Seller Meet

30 – 31 March 2021

Services Export Promotion Council (SEPC) of India organizing a Virtual Buyer Seller Meet on 30-31 March 2021 to showcase the strength of India’s Service Industry and to provide a platform for business delegates to explore opportunities.

The Services Export Promotion Council (SEPC) of India, set up by Ministry of Commerce and Industry is mandated to promote exports of 17 services sectors. (download list)

The salient features of this BSM are as below:

The matchmaking will be done on the basis of submitted profile.

Each participant will have minimum 20 meetings. (No. of scheduled meetings are most likely to go up depending upon your sector)

This Buyer Seller Meet will be based on the Artificial Intelligence-driven matchmaking (pre-scheduled/ approved meetings).

All the sectors under SEPC purview will be covered.

All the business delegates from Canada can register themselves at http://sepcevents.com/buyer.

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

Or watch live on Facebook

Past Programs and Events

ICCC's 2021 Leaders Talk Webinar Series

Indo-Canadian Leaders Transforming Canada

On 18 March 2021, as part of its continuing Leaders Talk webinar series, the ICCC organized a chat session with Hon. Prasad Panda, Alberta's Infrastructure Minister, and Hon. Chandra Arya, Member of Parliament from Nepean, ON, and Member of Standing Committee on International Trade. The leaders spoke about their journey as Indo-Canadian decision-makers, and discussed their portfolios.

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

Click here to go to the YouTube recording:
Indo-Canadian Leaders

In the News: Ontario Vaccination Update

Be patient, it’s just a matter of time

Ontario's Booking System to Expand to Individuals Aged 75 and Older as Vaccine Rollout Accelerates

More Pharmacies and Primary Care Settings to Offer AstraZeneca to Those 60+

With over 50 per cent of Ontario residents aged 80 and over having received at least one dose of the COVID-19 vaccine, the Ontario government is expanding appointments through its online booking system to individuals aged 75 and over, effective Monday, 22 March 2021, ahead of schedule.

Details were provided 19 March 2021 by Premier Doug Ford, Christine Elliott, Deputy Premier and Minister of Health, Solicitor General Sylvia Jones, and General Rick Hillier (retired), Chair of the COVID-19 Vaccine Distribution Task Force.

Ontario began vaccinating individuals aged 80 and over in February, and launched an online booking tool and a call centre to help answer questions and support appointment bookings at mass immunization clinics. Since the provincial booking system was launched on March 15, more than 239,000 appointments have been scheduled for the first and second doses.

Ontario is leading the country in the total number of vaccines administered and has fully immunized more individuals than all provinces and territories combined. To date, over 1.4 million doses of COVID-19 vaccines have been administered across the province, including over 129,000 doses administered to long-term care home residents. Over 294,000 Ontarians are fully immunized, including over 61,000 long term-care home residents.

The province also continues to expand the delivery channels available to administer COVID-19 vaccines, with another 350 pharmacies to be brought on board across the province in the next two weeks bringing the total to approximately 700 locations. It is expected that this number would again be doubled to approximately 1,500 by the end of April. Depending on vaccine supply, retail pharmacies could administer up to 40 per cent of all vaccinations by the end of April. Details on additional locations and the application process for pharmacy participation will be shared in the coming days. In addition, vaccinations in primary care settings will continue in collaboration with public health units.

Covid-19 Vaccines for Ontario: Website

Covid-19 Pharmacy Locations: Website

Ontario Booking System to Expand: Announcement

ICCC In the News

Coverage of ICCC's International Women's Day Celebrations in the Indo-Caribbean World and The Weekly Voice.

Announcement

CAMSC's Diversity Procurement Fair 2021 & Pitch for Success Competition

CAMSC Diversity Procurement Fair 2021 - Virtual Event, is about making strong connections that build successful partnerships. It’s about collaboration and brainstorming fresh insights from diverse businesses.

This year our theme Breakthrough to Brilliance is all about bringing out the best and recognizing each sector/industry represented by our network. We are excited to bring you yet another virtual networking event with tons of new opportunities.

Building on the success of CAMSC's first virtual conference, Diversity Procurement Fair 2021_Virtual Conference will be held on April 20 & 21 and 27 & 28, 2021.for the Canadian small businesses and exporters to connect with the Canadian, U.S. and International Corporate Buyers.

Attendees who attended the annual multi- day business facilitation and networking event will be given insights to innovation in an adapting world.

Supplier diversity leaders from industries such as Automotive, Banking, Pharma, Information Tech/ Artificial Intelligence, Construction, Food & Beverage, Energy and Govts/Technology will participate in a wide range of online webinars and meet with diverse suppliers.

This year CAMSC is adding a brand-new format to the INVITE ONLY sessions – The Corporate Member Forum, along with the Supplier Bootcamp, to give focused attention to our Corporate and Supplier network.

Export Forum, matchmaking and networking events will be also included. New sessions included: CMF, Pitch Competition, New Member’s Reception.

Meeting Marketplace is expanded to two days to provide more business opportunities for Certified Supplier and Corporate Members.

When: April 20, 21, 27, 28

Where: Virtual Conference

Welcome to New Members

The ICCC Board Approved the following new member applications

Regular category

Neeru Sharma

Saqib Shahzad

Siddhanta Goel

Sukhpal Gill

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

ICCC Leaders' Talk Webinar Series: Interactive Session with Hon. Prasad Panda and Hon. Chandra Arya

Fri, 19 Mar 2021 12:01:44 GMT

ICCC Weekly Newsletter - 13 March 2021

Mon, 15 Mar 2021 22:50:09 GMT

ICCC Weekly Newsletter

13 March 2021

Culture and Economy

As Indo-Canadians we take a lot of pride in our “culture.” In general parlance, culture is an amorphous, ambiguous term, often used to argue and defends one’s views that are more often than not connected to race, religion, language and ethnicity – arguments that go nowhere and only create animosity and ill-will.

But culture is constructive, it creates a new awareness, experiences among people, brings them together and transports them into a different dimension.

More importantly, it is connected to the economy in more ways than is at once apparent.

According to a StatsCan report released in 2019, culture and sport gross domestic product (GDP) combined was $59.7 billion, supporting 784,500 jobs in Canada (figures pertain to 2017).

The largest contributor to culture GDP and jobs was audio-visual and interactive media, which includes activities related to video game publishing, film, television and video production, as well as motion picture exhibition.

But, as Canadian Art, Canada’s premier arts journal, observes while commenting on the report, “And all those culture industry numbers don’t even include the impact of government-run organizations in the culture sector, or of education and training in the culture sector. Those impacts are $7.6 billion (government-run orgs) and $3.7 billion (education and training), respectively.”

In the Indian context, exact estimates are elusive, and there are competing statistical data. Two recent research reports are indicative of the depth and breadth of the Indian culture industry.

Dr. Megha Patnaik’s Measuring India’s Creative Economy (Report No. 003, May 2020, Esya Centre) pegged the Gross Value Added (GVA) of copyright-relevant industries amounted to ₹888.89 Billion ($12billion US) in 2016-2017, or 0.58% of the Indian GDP. But the author confesses that this is an underestimation because of lack of reliable data.

The second report, focused only on Indian film industry, pegged its valuation at ₹183billion ($2.5billion US).

The next time we take up cudgels for “culture” let us be cognisant of the economic impact of culture on our societies.

If you’re interested in reading more, go to:

Canada: Economic importance of culture and sport in Canada: Report

Canada: Culture Industries Have $58.9 Billion Impact in Canada: Report

India: Measuring India’s Creative Economy: Report

India: Value of the film industry in India from financial year 2014 to 2019, with forecasts until 2024: Report

President's Views

12 March - ICCC's 44th Foundation Day

Watch the video: ICCC's 44th Foundation Day

A very good day to all the members, stakeholders, sponsors and supporters of the Indo-Canada Chamber of Commerce on the occasion of its 44th Foundation Day. I am the 32nd President of an organization that has come to represent the aspirations of the Indo-Canadian diaspora and especially its businessfolks. It gives me immense pride to address all of you on this day to commemorate another milestone in the journey of our institution.

It was on 12 March 1977 that a group of Indo-Canadians came together to launch the Chamber, a process that had begun in a garage in January 1977. It was a small and a humble attempt to bring together the Indo-Canadian business community. It was an attempt to give precedence to commercial relations between our two democracies, at a time when diplomatic relations were facing headwinds. Over the next four-and-a-half decades, our Chamber has successfully navigated these headwinds to focus on commercial ties.

Even though our core mandate has remained unchanged, we have remained relevant because we have continued to modify our approach and delivery to suit the needs of our members, stakeholders, sponsors and supporters. The most recent example of this approach was when I welcomed the telephone conversation between the Canadian and the Indian Prime Ministers on collaborating over the Covid-19 vaccines. Our Chamber issued a congratulatory statement within hours of the phone call, giving a clarion call for other Indo-Canadian organisations to follow suit.

This first-off-the-line approach is the differentiator. That is what sets us apart. That is what had made us and keeps us the leaders of the pack. And let me give you a solemn assurance – that is what we will do in the next four decades and more.

Read Vijay's views: President's Views

Happy reading, and send us your feedback at iccc@iccconline.org

Member's View

Introducing a new column - Member's View. If you have a point of view that you think deserves a wider audience, please feel free to send it to us at iccc@iccconline.org

By Pankaj Dave

Pankaj Dave is a life member of the Indo-Canada Chamber of Commerce. He is the President and CEO of Manas International Inc.

Impact of Container Crisis

INFLATION. SHORTAGE. DISRUPTION

The Canadian economy is raring to go, be unleashed from the confines of the Covid-19 pandemic’s restrictions that were imposed globally a year back in March 2020. The last 12 months have been a witness to the grim impact of the lockdown on all aspects of the economy, and especially on small businesses. Despite all levels of government pumping in resources – mainly sops and subsidies – businesses have turned belly up in large numbers, unable to survive the colossal hit.

And thanks to overall spending activism by the federal and provincial governments (which may have a long-term impact), the Canadian economy has managed to sustain itself rather well, and is about to get into an overdrive in the coming months.

But there is a major impediment that may likely obstruct rapid recovery of the Canadian economy – Container shortage. Yes, container shortage. To a commoner it hardly draws attention, these containers are large steel boxes, often seen on a truck.

To a common consumer who has become habituated in the last 12 months of working from home and taking care of his / her needs online, it may seem farfetched that there is a container shortage. And it would do good to ponder momentarily over the most plausible cause of the global shortage of containers – imports of consumer-ordered goods and products especially from China and East Asia have turned the global economics of freight containers topsy-turvy.

Containers have a long and significant history. Initiated in the middle of the 20th century, containerized seabound transport is an incredibly dominant factor in global trade. In terms of value, global seaborne container trade is believed to account for approximately 60% of all world seaborne trade, which was valued at around $12 trillion (US) in 2017. While the quantity of goods carried by containers has risen from around 102 million metric tons in 1980 to about 1.83 billion metric tons in 2017, vessels have likewise increased their capacity. Between 1980 and 2019, the deadweight tonnage of container ships has grown from about 11 million metric tons to around 266 million metric tons. With a total capacity of around four million TEUs*(Twenty equivalent Units) – more common is 20 ft containers though there are other sizes too.

Read Pankaj's analysis, click here: Insight

Upcoming Programs & Events

ICCC's Leaders Talk Webinar Series

Indo-Canadian Leaders

PRASAD PANDA

Infrastructure Minister

Alberta

CHANDRA ARYA

Member of Parliament

Nepean

4:30 pm - 5:30 pm

THURSDAY 18 MARCH 2021

Or watch livestream on Facebook

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

Or watch live on Facebook

Past Programs and Events

ICCC's 2021 Thursday Talks Webinar Series

Why Indo Canadian Businesses should join Canadian Aboriginal and Minority Supplier Council (CAMSC)?

On 11 March 2021, as part of its continuing Thursday Talks webinar series, the ICCC organized a chat session with Cassandra Dorrington, President & CEO of CAMSC. She was joined by Kiruba Sanhar of the City of Toronto and Neel Patel of CSI Consulting Inc. They discussed the advantages of CAMSC to minority suppliers.

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

Click here to go to the YouTube recording:
What is CAMSC?

Recovery Activation Program

ENROLL NOW

Indo-Canada Chamber of Commerce has joined the Recovery Activation Program launched in 2020 by the Toronto Region Board of Trade’s World Trade Centre Toronto.

The program provides immersive training, mentoring and support to assist with digital modernization and help businesses adapt to the new normal.

The program offers participants unprecedented access to engage with industry leaders, and build their personalised plan to digitally grow their business – at no cost to them.

Select ICCC as the referral agency when filling the form

https://wtctoronto.com/rap

Instructions to fill out the form: Choose Chamber of Commerce, then choose Other, and then type ICCC or Indo-Canada Chamber of Commerce.

In the News

India promotes multilateralism

Participates in

1st Quadrilateral Leaders' Virtual Summit

India to ramp up COVID-19 vaccine production under landmark partnership

Under a landmark COVID partnership launched at the first summit of Quad leaders held on Friday, India will expand its vaccine production capacity with the support of the US, Japan, and Australia. This will ensure accessibility of safe COVID-19 vaccines to countries in the Asia Pacific Region.

“United in our fight against COVID-19, we launched a landmark Quad partnership to ensure accessibility of safe COVID-19 vaccines. India’s formidable vaccine production capacity will be expanded with support from Japan, US & Australia to assist countries in the Indo-Pacific region,” India’s Prime Minister Modi tweeted.

Earlier, during his opening remarks at the virtual summit, Prime Minister Modi said the Quad nations of India, the United States, Australia, and Japan were united by their democratic values, and their commitment to a free, open and inclusive Indo-Pacific.

“We will work together, closer than ever before, for advancing shared values and promoting a secure, stable and prosperous Indo-Pacific,” the Indian Prime Minister said.

US President Joe Biden was the first to address the summit, followed by Prime Minister Modi, Australian Prime Minister Scott Morrison, and Japanese Prime Minister Suga Yoshihide.

Thanking President Biden for the initiative in his opening remarks at the summit, the Indian Prime Minister said, “It is good to be among friends!”

Read India's Prime Minister Narendra Modi's speech: Modi at Quad

Hosts

1st Meeting of the BRICS Contact Group on

Economic and Trade Issues

The BRICS Contact Group on Economic and Trade Issues (CGETI) leads held their first meeting under India’s Chairship from 9-11 March 2021. The theme of BRICS this year is – “BRICS@15: Intra BRICS Cooperation for Continuity, Consolidation, and Consensus”.

The deliverables proposed are on

Action plan based on the document “Strategy for BRICS Economic Partnership 2025” adopted during Russian Presidency in 2020

BRICS Cooperation on Multilateral Trading system including cooperation for the TRIPS Waiver proposal at WTO;

Framework for Consumer Protection in E-Commerce;

Non-Tariff Measures (NTM) Resolution Mechanism;

Sanitary and Phyto-Sanitary (SPS) Working Mechanism;

Co-operation framework for protection of Genetic Resources and Traditional Knowledge;

BRICS Framework on Co-operation in Professional Services. Each of these sessions was followed by detailed feedback sessions.

Read the media release: BRICS Meeting

Announcements

CAMSC's

Diversity Procurement Fair 2021 & Pitch for Success Competition

Attendees who attended the annual multi- day business facilitation and networking event will be given insights to innovation in an adapting world.

Export Forum, matchmaking and networking events will be also included. New sessions included: CMF, Pitch Competition, New Member’s Reception.

Meeting Marketplace is expanded to two days to provide more business opportunities for Certified Supplier and Corporate Members.

When: April 20, 21, 27, 28

Where: Virtual Conference

Academic Research

Invitation to participate in University of Waterloo Research Project

on "Leaving a Corporate Job & Starting a Business"

Alison Braithwaite, PhD. Candidate, Department of Geography and Environmental Management, University of Waterloo, is conducting a research on why people leave the Canadian corporate workplace to start businesses aimed at positive social and/or environmental change. She is looking to recruit participants from among the members of the Indo-Canada Chamber of Commerce because she is of the view that our members may be the type of participants she is looking for.

Alison’s means of data collection are one on one interviews (virtually). The interviews take about 60-90 minutes and participants are asked to share their stories of

Their experience in the corporate workplace that they left (company, culture, values, emotional environment, role, sense of self, sense of belonging/connection, tension/conflicts within them/within the workplace, supports)

Their experience of making the shift (supports, personal values, emotions, sense of self, sense of belonging/connection, conflicts/tensions)

Their experience in creating your business (culture, values, emotional environment, sense of self, sense of belonging/connection, conflicts/tensions)

Interviews are completely confidential the participants' names, or any company names will not be used in write ups that result from the research. You can find more information about my research on my website http://www.alisonbraithwaite.com/research-information-letter/ or on the attached pdf.

Contact

Alison Braithwaite

ajbraith@uwaterloo.ca

905-328-0445

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

ICCC President Vijay Thomas's address on 44th Foundation Day

Fri, 12 Mar 2021 22:37:09 GMT

ICCC Weekly Newsletter - 07 March 2021

Sun, 07 Mar 2021 14:30:00 GMT

ICCC Weekly Newsletter

07 March 2021

Women make better leaders

During the Covid-19 crisis, we’ve heard anecdotally about women leaders doing a better job and new research backs that up. One study found that outcomes related to Covid-19, including number of cases and deaths, were systematically better in countries led by women.

The Harvard Business Review (HBR) decided to look at its global database of 360-degree assessments to see if there were any evident patterns in how male and female leaders inside organizations are reacting and responding to the crisis.

Between March and June of this year, 454 men and 366 women were assessed on their leadership effectiveness using HBR’s Extraordinary Leader 360-degree assessment. Consistent with HBR’s pre-pandemic analysis, it was found that women were rated significantly more positively than men.

Comparing the overall leadership effectiveness ratings of men versus women, once again women were rated as more effective leaders (t-Value 2.926, Sig. 0.004). The gap between men and women in the pandemic is even larger than previously measured, possibly indicating that women tend to perform better in a crisis.

Women Leaders who handled Covid-19 crisis better

Women were rated more positively on 13 of the 19 competencies in HRB assessment that comprise overall leadership effectiveness. Men were rated more positively on one competency — technical/professional expertise — but the difference was not statistically significant.

HBR states that the most valuable part of the data that it is collecting throughout the crisis is hearing from thousands of direct reports about what they value and need from leaders now. Based on its data they want leaders who are able to pivot and learn new skills; who emphasize employee development even when times are tough; who display honesty and integrity; and who are sensitive and understanding of the stress, anxiety, and frustration that people are feeling.

HBR’s analysis shows that these are traits that are more often being displayed by women. But as the crisis continues, and intensifies in many places, all leaders, regardless of gender, should strive to meet those needs.

ICCC's 9th Annual International Women's Day Celebrations

Fri, 05 Mar 2021 23:00:00 GMT

Resilience and dedication – the mantras for women to rise to the top

ICCC’s 9th International Women’s Day Celebrations bring together talented women leaders

The Indo-Canada Chamber of Commerce organized its 9th Annual International Women’s Day Celebrations. The program featured high-powered, high-achieving women leaders from the corporate, government, and diplomatic spheres.

Lisa Lisson, President, FedEx Express Canada, in her keynote address highlighted the significance of the International Women’s Day, emphasizing that it is on this day that women are recognized for their achievements without regard to division whether national, ethnic, cultural, economic, or political. But importantly the day marks the acknowledgement of women’s rights and accelerating gender parity. Some of the women’s day values are justice, dignity, hope, equality, collaboration, tenacity, appreciation, respect, and empathy.

Emphasizing the need to develop resilience, Ms. Lission said, “I have learnt that we are all born with a resilient muscle and it is up to us to decide if we want to strength it. They say that what doesn’t break you, makes you stronger, but I have come to realise that there is an X factor in there. We all need to strength our resilient muscle when life doesn’t go according to our plan because adversity in some form or another is just a fact of life. Some of the factors that make a person resilient are maintaining a positive attitude, being optimistic, being mindful, regulating our thoughts and emotions, the ability to look for life lessons during tough times, and believing that there are brighter days ahead even when we are not sure how.”

Ms. Lisson then shared her story of how she overcame tragedy when her husband had a heart attack and could not recover from it. She confesses that grief hit her harder than she thought it would. Her mother helped her overcome the tragedy by a simple advice: Life is not what happens to you, but what you choose to do with what happens to you.

Her resilience led to her promotion. The COO of FedEx Express worldwide called her and congratulated her on being promoted as the first Canadian and first woman to head the Canada operations of FedEx; in fact, she would be the first woman to head a FedEx operation anywhere in the world. Rather than accept the offer graciously, Ms. Lisson suggested that she be interviewed for the position. “No man would say something like that,” she said.

She said this is also the time to reinforce the government’s commitment to gender equality. This is a key agenda for the government and there is still more work to be done to ensure equal participation of women in every sphere – from board rooms to businesses to classrooms and community centres. “Supporting women is the smartest thing that we can do, by advancing gender equality we can add $150 billion to our economy, and $12 trillion to the world economy.”

The speeches were followed by a panel discussion on the topic: Women Leaders: What it takes to reach the top and stay at the top. Sangita Iyer, an independent documentary filmmaker and positive psychology expert moderated the discussion. Apoorva Srivastava, the Consul General of India in Toronto; Her Worship Bonnie Crombie, the Mayor of Mississauga; and Vasudha Seth, the Director of Sales at ArcelorMittal Dofasco and the Vice Chair at Ontario Chamber of Commerce were the panelists.

Introducing the panel discussion, Iyer said, women Leaders face a glass ceiling in their rise to the upper echelons of their career ladder – whether in the corporate world, or in government or in bureaucracy. This is an undeniable fact that persists despite enactment of legislations globally to empower women.

Apoorva Srivastava

“It is such an enriching job, it is a journey of experience, enrichment, you get to travel a lot, stay in a country for three years, you get the opportunity to absorb a culture, make lifelong friends. To be a part of foreign service, you have to learn a language, and I learnt French, which led to a posting in Paris. This was followed by a posting in Kathmandu and then when the Indian Ambassador to Nepal was posted to Paris, he took me and my husband, who was also serving in Kathmandu to Paris. Thereafter, I had an immensely successful and fruitful stint as the staff officer with Sushma Swaraj and then with Dr. Jaishankar before I came here.”

Eventually, this involvement led to a political career and she became the Liberal candidate for Streetsville, and won the Parliamentary election, but took an early retirement from the House of Commons. It was then that Hazel McCallion approached her to contest the councillor polls, which she won, and then when Hazel McCallion decided to retire, Bonnie Crombie ran and won the Mayoral polls, and was re-elected.

“Since I began, there has been a tremendous change in the demographic of the company, there are a lot more women in the professional and manufacturing spheres of the company. An important part of my journey was realizing fairly early on that even though I had studied engineering, it wasn’t the best fit for me, and I decided to push myself further and do my MBA. So, an important lesson is to be open minded.”

The program was interspersed with three entertainment skits that were submitted by women of the Indo-Canadian diaspora.

ICCC Celebrates International Women's Day Nominates 3 Women Directors

Wed, 03 Mar 2021 23:00:00 GMT

The Board of Directors of the Indo-Canada Chamber of Commerce is delighted to announce the nomination of Suja Chandy, Sheelu Sharma and Priya Dhawan-Chahal to the Board.

Vijay Thomas, President, ICCC, said, "The ICCC has always advocated for gender equality. Recognizing the rising role of women in the Indo-Canadian Diaspora, especially as entrepreneurs and professionals, the Chamber started the Women Entrepreneurs and Professional Committee a decade ago, and began celebrating the International Women's Day. We welcome our new women Directors to the board and look forward to their contribution to take our institution to greater heights."

Profiles of the New Directors

Suja Chandy is an experienced leader and mentor, Suja’s core strength is conceptualizing and building businesses from ground up and transforming them into agile, capability centres. She possesses a unique blend of advisory and delivery experience, having worked with global consulting firms in both Canada and India, and with both public and private sector clients. Suja was Vice President & Managing Director of Nissan Digital India LLP and prior to that Vice President, Invest India, where she headed facilitation of investments across all 25 ‘Make in India’ sectors, and kick-started the development and launch of AGNIi, a national initiative to commercialize technology innovations.

Sheelu Sharma is a Senior Manager at Laksh Law Professional Corporation, a law firm based in Mississauga. Prior to this, she was the Manager at BLS International Services, Canada. She was the Director of Falcon Marketing & Management Consultancies in Dubai and Falcon Trading Company at Sharjah. Sheelu worked at the Consulate General of India at Dubai, as a Social Event planner. She graduated from Maharani College, Jaipur, India, pursued fashion designing thereafter and possesses vast experience in modelling, acting in her home state, Rajasthan, India.

Priya Dhawan-Chahal currently serves as a District Vice President at Scotiabank, leading a team of 15 branches across Midtown Toronto, and is both a program champion for the Scotiabank Women Initiative and a co-lead for Women in Leadership for Toronto Region. She joined Scotiabank in 2016 as a Director of Customer Experience. Before joining Scotiabank, Priya lead business and client relationship development for Financial Services at a Bay Street law firm. She has a strong and varied background in financial services over 17 years, including leadership of a global Customer Relationship and Data Management team in Capital Markets, and leading major technology and sales strategy initiatives, in addition to roles in Commercial Banking.

Made in India vaccines arrive in Canada

Wed, 03 Mar 2021 22:39:54 GMT

Largest global vaccine maker delivers first 500,000 doses, with 1.5 million more scheduled to arrive before May 2021

High Commissioner of India to Canada Mr. Ajay Bisaria, and Federal Minister of Public Services and Procurement Ms. Anita Anand receive the consignment of 500,000 Covishield vaccines from India at the Innomar warehouse in Toronto on
March 3, 2021.

A consignment of half-a-million doses of the India-made Covishield vaccines arrived in Toronto today, fulfilling an assurance given by Prime Minister Narendra Modi to his Canadian counterpart Prime Minister Trudeau in February. The AstraZeneca vaccines were airlifted to Canada from India on a commercial cargo flight. These vaccines are the first tranche of 2 million vaccines that are to be supplied by May as part of a commercial agreement, facilitated by the two governments, between the Serum Institute of India and Verity Pharmaceuticals of Canada.

High Commissioner of India to Canada Mr. Ajay Bisaria, accompanied Federal Minister of Public Services and Procurement Ms. Anita Anand to receive the consignment at the Innomar warehouse in Toronto. Indo-Canadian Minister Anand leads Canadian efforts to procure vaccines and played a key role in concluding the deal with the Serum Institute.

High Commissioner Ajay Bisaria congratulated Verity CEO, Mr. Howard Glase, on this pioneering deal and said, “India is proud to support Canada’s vaccination program. With more than 60 percent of global vaccine manufacturing capacity, India believes in vaccine internationalism and is providing a healing hand as the world recovers from this deadly pandemic.” The High Commissioner added that the supply of vaccines reflected the strategic partnership between India and Canada and underlined India’s commitment, as the pharmacy of the world, in helping the global family combat the COVID-19 pandemic.

The Prime Ministers of India and Canada had spoken on 10 February when Prime Minister Trudeau had informed Prime Minister Modi about Canada’s requirements of COVID-19 vaccines from India. Prime Minister Modi had assured the Canadian PM that India would do its best to support Canada’s vaccination efforts.

India has viewed the COVID-19 pandemic as a global humanitarian crisis and has used its advanced pharmaceutical and vaccine manufacturing capacities to provide personal protection equipment, medicines and respirators to other nations as assistance in their respective battles with COVID-19.

India’s Prime Minister, while addressing the United Nations in September 2020, had assured the world that India’s pharmaceutical and vaccine manufacturing capacities would be shared with the rest of the world. India presently has over 60 percent of the global vaccine production capacity.

India is undertaking the largest immunisation programme in the world with 16 million vaccinated already and 270 million expected to be covered by July. India has balanced domestic requirements of vaccines with overseas commitments. India has, so far, provided vaccine doses to more than 40 other countries across the world as part of its Vaccine Maitri initiative, both as gifts and on commercial basis. As a member of the GAVI-COVAX alliance, India has also pledged to supply an additional 10 million doses to Africa and 1 million doses to UN health workers.

Report in Hindustan Times:

Covid-19 Canada receives 500,00 does of Covidsheild vaccine made in India

His Excellency Ajay Bisaria's interview on BNN Bloomberg:

Canada to get 2M doses from India without supply worries: High Commissioner of India to Canada

ICCC Weekly Newsletter - 27 February 2021

Sat, 27 Feb 2021 21:28:16 GMT

ICCC Weekly Newsletter

27 February 2021

A hopeful spring

In the classic Shakespearian play Julius Cesar, a soothsayer forewarns the Roman Emperor of the 'Ides of March'. Although the original meaning of Ides is just the first full moon of the month (usually between 13th and 15th of the month), following William Shakespeare’s classic play Julius Cesar (1599), the phrase has become a harbinger of all things bad and unpleasant. In the play, the soothsayer suggests Cesar stay indoors and not venture out.

But, of course, history tells us that on 15 March 44 BCE Cesar was stabbed 23 times by Roman senators led by his protégés and friends Cassius and Brutus. It is said that one of the many reasons why there was a general resentment against Cesar was because he had moved the new year from 15 March to 15 January, when he ordained that the Roman calendar would follow the solar cycle (beginning January) and not the lunar cycle (beginning in March).

The Death of Julius Caesar by Vincenzo Camuccini (1798)

The jury’s out on the benefits of changing calendars, just as it’s out for changing the time to save daylight, but there’s little doubt that with the advent of March, the average Canadian begins to feel better, lighter. The heavy burden of the long winter dissipates, and the spring equinox (on 20 March this year) heralds the onset of spring. Of course, we’re in Canada, so it doesn’t really get warm for the next two months, but there’s undoubtedly a shift in mood.

Globally, the advent of spring this year is being eagerly anticipated because the vaccine rollout will be implemented everywhere. It is may perhaps be too early to predict the impact of this process, but there is hope that in the next few months, a majority of the world’s population will be vaccinated.

The Spring of 2021, therefore, is a harbinger of hope!

Happy reading, and send us your feedback at iccc@iccconline.org

Talking Trade

Ontario - Jammu & Kashmir Handlooms & Handicrafts Buyers-Sellers Meet

ICCC brings Jammu & Kashmiri exporters of handloom and handicrafts with Ontario importers and investors

In a path-breaking initiative, the Indo-Canada Chamber of Commerce (ICCC) organized a buyers-sellers meet between handloom and handicrafts sector exporters from Jammu and Kashmir and importers and investors from Ontario on Friday 26 February 2021. The virtual meet was organized in collaboration with the Jammu and Kashmir Trade Promotion Organization (JKTPO) and under the aegis of the Consulate General of India in Toronto.

Apoorva Srivastava, the Consul General of India in Toronto, in her special remarks, emphasized the use of technology to enhance trade, especially the sophisticated innovations available in realm of logistical support in global trade. Ms. Srivastava also said that the market for handicrafts and handloom products in rapidly evolving and growing in North America, and that it is important for institutions such as the Indo-Canada Chamber of Commerce and the Jammu and Kashmir Trade Promotion Organisation

In his welcome address, Vijay Thomas, President, Indo-Canada Chamber of Commerce, said the Chamber is proud to be a part of the initiative that is promoting the economic development of Jammu and Kashmir. He added that there are many Indo-Canadians who are of Kashmiri origin who have shown interest in trading with J&K exporters because of their emotional bonds with their birthplace. Vijay added that the ICCC’s upcoming virtual India trade mission called 10 States 10 Days will also include Jammu and Kashmir.

Screengrab of virtual buyers-sellers meet

Anoo Malhotra, Managing Director, Jammu and Kashmir Trade Promotion Organization, in her inaugural address, enumerated the measures undertaken by the union territory and the union government to promote economic development in Jammu and Kashmir and especially help exporters.

Following the speeches, Mehmood Ahmad Shah (KAS), Director Handicraft & Handloom Kashmir, made a presentation on handicrafts and handloom sector in Kashmir.

Bhavik Parikh, Director, Indo-Canada Chamber of Commerce (ICCC) provided both the technical support and was the host for the meet. Over 20 exporters from Jammu and Kashmir and an equal number of importers and investors from Ontario participated in the meet and exchanged information about the range of products on offer. The products on offer ranged from handicrafts and handloom products and included:

Handicrafts such as wood carving and bamboo crafts, basohli paintings, mirrors, woodcraft, modern art, mixed media, Papier Mache, embroidered bags, caps, purses, pouches, mobile pouches, etc.

Garments such fur and leather jackets, Kani shawl, pashmina and woolen stoles and shawls, suits and sarees, cotton and fine cotton, bedsheets, blankets, linen shirt, pachama kameez, dora dresses, tweed, tweed coat, tweed half coat, hand-embroidered cashmere wool shawls, stoles, mufflers, Jamawar shawls, hand-embroidered cashmere and silk jackets, cape shawls, suede bags.

Download

Kashmiri Handicrafts & Handloom presentation: Cashmere

List of Jammu & Kashmir Exporters & their products: E-Catalog

If you are interested in contacting any Jammu & Kashmir exporter, please write to iccc@iccconline.org

Upcoming Programs & Events

ICCC's Ninth Annual International Women's Day Celebrations

6:00 PM onward

FRIDAY 05 MARCH 2021

https://zoom.us/webinar/register/WN_5AnomYkjSYGybqlTFb46SQ

Or watch livestream on Facebook

www.facebook.com/ICCCONLINE

Keynote: Lisa Lisson, President, FedEx Express Canada

Guest of Honour: Hon. Mary Ng, Canada's Minister of Small Business, Export Promotion and International Trade

Panel discussion

Women Leaders - What it takes to reach the top and staying there

Panelists

Apoorva Srivastava, Consul General of India in Toronto

Bonnie Crombie, Mayor of Mississauga

Vasudha Seth, Director, Sales, Arcelor Mittal Dofasco

Moderator

Sangita Iyer, Documentary Filmmaker & Positive Psychology Expert

Past Programs and Events

Thursday Talks Webinar Series

ICCC Annual Real Estate Roundtable

On 25 February 2021, as part of its continuing Thursday Talks webinar series, the ICCC organized its first Annual Real Estate Roundtable and invited experts in the field of real estate to discuss the market trends in the post-pandemic era.

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

Click here to go to the YouTube recording: Real Estate Roundtable

Values Driven Business Leadership

On Friday 26 February, the ICCC invited Dr. Basil Chen and Ravi Nookala, experts in Values Driven Business Leadership to discuss the concept that is redefining leadership and inculcating social good along with profit motive in the process of decision making. Here's the recording of the program

Click here to go to the YouTube recording: Values Driven Leadership

Trade Shows

INDIASOFT 2021

ICCC President at INDIASOFT 2021

Vijay Thomas is a featured speaker at INDIASOFT 2020
at 9:00 am Thursday 11 March

Electronics & Computer Software Export Promotion Council (ESC) is organizing 21st edition of INDIASOFT from March 9-31, 2021 on a digital platform.

ESC is the designated agency under Foreign Trade Policy for promotion of exports of Electronics, Software and IT Enabled Services from the country. ESC has been successfully conducting "INDIASOFT", its flagship event to showcase capabilities of Indian small and mid-sized companies in Software and IT Services.

Several senior officials of Government of India including Dr. Guruprasad Mohapatra, Secretary, Department of Industry Promotion & Internal Trade (DPIIT), Rahul Chhabra, Secretary (Economic Relations), Ministry of External Affairs and Ajay Prakash Sawhney, Secretary, Ministry of Electronics and Information Technology have kindly agreed to deliver keynote/special address at various Indiasoft Sessions. (program details at www.indiasoft.org).

As North America is the largest market for Indian software and IT services and India is an important market for many important North American solution providers like IBM, Microsoft, Google, Cisco, Intel etc. In view of the importance of North American market for promoting trade and investment in Information Technology a session on IT co-operation with US & Canada is being organized on March 11 at 9:00 AM EST. Sanjay Chadha Additional Secretary, Department of Commerce has kindly agreed to address the session.

Participate in the session on IT co-operation with Canada on March 11, 2021 at 9:00 AM (EST) by registering at https://docs.google.com/forms/d/e/1FAIpQLSc9pgQR-j6DkMat94vZHPaKl6Hl3BOz9yCkYQRwZuJbj6nocg/viewform

In the News

Canada

Ontario approves $950 million small business support grants

As of Wednesday, 24 February, Ontario Government has approved over 67,000 applications with more than $950 million in payments going to businesses in communities across the province.

Starting at $10,000 for all eligible businesses, the grant provides them with funding to a maximum of $20,000 to help cover decreased revenue expected as a result of the Provincewide Shutdown. In order to qualify, business must demonstrate that they experienced a revenue decline of at least 20 per cent when comparing monthly revenue in April 2019 and April 2020.

This time period was selected because it reflects the impact of the public health measures in spring 2020, and as such provides a representation of the possible impact of these latest measures on small businesses. New businesses established since April 2019 are also eligible provided they meet the other eligibility criteria.

And to help keep businesses informed with the most up to date information, there’s now a new way for them to check the status of their application online: https://www.app.grants.gov.on.ca/msrf/#/home#BSGStatusWindow

To check application status, authorization number and CRA business number are required.

Check your application status: https://www.app.grants.gov.on.ca/msrf/#/home#BSGStatusWindow

Learn more about the grant: http://ontario.ca/COVIDsupport

Ontario's Covid-19 Vaccine Rollout

Download chart: Ontario's Covid-19 Vaccine Distribution Plan

India

India's Vaccine Maitri wins global praise

25 countries across the world have already received Made in India vaccines and 49 more countries will be supplied in the coming days, ranging from Europe, Latin America and the Caribbean to Africa, South-East Asia and the Pacific Islands.

Indian-made vaccines arrive in Serbia under the Vaccine Maitri initiative

Read the report: Vaccine Maitri

Gujarat's new industrial policy

The State Government of Gujarat has announced a new Industrial Policy 2020 (7 August 2020 to 7 August 2025), a copy which is enclosed for ready reference. The new Policy factors in diverse inputs received from various sectors of business and hence is now qualitatively more investor-friendly, especially for MSMEs.

The highlights of the new Industrial Policy are:

The state’s next wave of growth will be driven by mega industrial infrastructure projects, such as the Delhi - Mumbai Industrial Corridor (DMIC), Mumbai Ahmedabad High Speed Rail, Gujarat International Financial Tech (GIFT) City, 30,000 MW Renewable Energy Target by 2022 among others.

To support these projects, the policy introduces Reforms in regulatory mechanisms for Ease of Doing Business and has earmarked land parcels available for industrial use across the state, which may be viewed on an online portal htps://gujarat.ncog.gov.in/indextb). Additionally, the State Government will facilitate industries in getting ‘Government Land’ on lease to industrial enterprises at 6% of market rate for long term up to 50 years.

In light of CoVID-19, Gujarat will offer Special Relocation Incentives to industries planning to relocate their operations and/or diversify supply chains.

Initiatives are also being taken by the state to reposition Gujarat’s MSMEs on a global level such as Capital and Interest Subsidy, Quality Certification, etc.

The policy also further eases the process of utilizing rooftop Solar Power in MSMEs.

Provisions are being made to accelerate and strengthen the start-up ecosystem through a separate fund under GVFL for smaller ticket funding, Gujarat e-Marketplace, etc.

Financial services, Health services, Transport & Logistics services, Audio Visual services, Construction related engineering services and Environmental services are now eligible for special incentives for service sector MSMEs.

In line with the mission of Atmanirbhar Bharat, the state has identified 15 thrust sectors for industrial promotion which have been segregated in 2 categories: Core sectors and Sunrise sectors (new/upcoming).

Additionally, the policy introduces incentives for greater compliance with environmental standards & supports development of latest sustainable industrial infrastructure to reduce air and water pollution.

To promote Skill enhancement, the State Government intends to introduce industry-specific short term/ long term/ modular courses in the existing ITIs, Polytechnic and Engineering colleges with active participation of the user industry.

Download: Gujarat Industrial Policy

Announcement - Membership Discount

Membership Discount ends tomorrow

Avail 20% discount on New Membership & Renewals on Regular category

Up to 6:00 PM 28 February 2021

Become a Member today: Membership

The $150 annual membership is available for only $120 up to February end.

Online payment: Moreover, to ease the process of new member enrolment and renewals, the ICCC has now enabled online payment of membership. Both new members and members renewing their membership can now immediately make payment online.

In compliance with the provisions of ICCC's bylaws, all new membership applications will be reviewed by the board of directors within 10 days of receiving the application. If an applicant does not meet any of ICCC's membership criteria, then s/he would be contacted by a representative of ICCC's membership committee, and the membership fees paid upon application would be refunded.

Life Membership

We are changing our Life Membership category. Starting this year, we will be bringing exclusive programs only for Life Members. Also, Life Memberships would be closed for the entire year and would open only in the beginning of each year for one week to allow 30 new Life Members.

For 2021, Life Membership is open till 28 February 2021.

Become a Member today: Membership

Ontario - Jammu & Kashmir Handlooms & Handicrafts Buyers-Sellers Meet

Fri, 26 Feb 2021 18:34:28 GMT

Download the presentation, click on the image below

or click here: Jammu & Kashmir Handicrafts & Handlooms

ICCC brings Jammu & Kashmiri exporters of handloom and handicrafts with Ontario importers and investors

Following the speeches, Mehmood Ahmad Shah (KAS), Director Handicraft & Handloom Kashmir, made a presentation on handicrafts and handloom sector in Kashmir.

Handicrafts such as wood carving and bamboo crafts, basohli paintings, mirrors, woodcraft, modern art, mixed media, Papier Mache, embroidered bags, caps, purses, pouches, mobile pouches, etc.

ICCC Annual Real Estate Roundtable

Thu, 25 Feb 2021 21:30:00 GMT

So, you think you've got talent? OK, then. Prove it!

Thu, 18 Feb 2021 18:32:09 GMT

ICCC International Women's Day Celebrations

So, you think you've got talent?

OK, then. Prove it!

Open call for Indo-Canadian women

ICCC invites Indo-Canadian women from across Canada to participate in ICCC's Song & Dance competition by sending us their video snippets of no more than 3 minutes that showcase their talent in music, dance, mimicry, dialog-baazi, or any other form of performance-based creative expression.

Last Date to receive your video clips:

12:00 PM 26 February 2021

Send the video link to events@iccconline.org

The best 3 performances will be played during the ICCC International Women's Day Celebrations

The Indo-Canada Chamber will be organizing its Ninth Annual International Women's Day Celebrations as a virtual event with its usual components of thought-provoking speeches by women leaders and decisionmakers from corporate, political, diplomatic and artistic spheres, a riveting panel discussion and entertainment interlude. The details of the program and the VIP speakers will be announced next week.

Time: 6:00 PM onward

Date: Friday 5 March 2021

Mode: Zoom

ICCC Weekly Newsletter - 13-02-21

Sat, 13 Feb 2021 20:21:58 GMT

ICCC Weekly Newsletter

13 February 2021

President's Views

Vijay Thomas

Trade makes the world better

On 10 February, the Prime Ministers of both Canada and India spoke and pledged to work in unison to combat the continuing menace of the Covid-19 pandemic.

Responding to the news in my capacity as the President of the Indo-Canada Chamber of Commerce and as an entrepreneur with a base both in Canada and in India, I welcomed this sagacious move that has become a momentous occasion in the chequered history of our bilateral ties.

As an entity that has fostered bilateral relations between our two democracies for the last four decades and more, the ICCC welcomed this initiative by Canada and India to work together on sourcing of vaccines.

The ICCC strongly believes that trade and commerce will help Canada and India build stronger bridges. We are confident that a positive approach to bilateral ties will help enhance cooperation and take economic ties on an upward trajectory.

Prime Minister Trudeau and Prime Minister Modi spoke about India's significant efforts in promoting vaccine production and supply, which have provided vital support to countries around the world. The two leaders agreed to work together on access to vaccines. The leaders also recognized the need for continued global coordination to respond to the pandemic and to promote recovery.

The ICCC has always emphasized the need to put trade first in bilateral relations.

The table of trade numbers of Canada and India with China will illustrate this vividly.

It may be pertinent to point out here that in 2019 and 2020 both Canada and India faced political and geopolitical challenges respectively in their bilateral ties with China. But that was not allowed to come in the way of trade, and as the statistics reveal, trading continued with vigor.

Read more: President's Views

ICCC's Partner in Success

Indo-Canada Chamber of Commerce has joined the Recovery Activation Program launched in 2020 by the Toronto Region Board of Trade’s World Trade Centre Toronto.

The program provides immersive training, mentoring and support to assist with digital modernization and help businesses adapt to the new normal.

The program offers participants unprecedented access to engage with industry leaders, and build their personalised plan to digitally grow their business – at no cost to them.

With a significant investment from the Government of Canada (through FedDev Ontario) and the Government of Ontario (through the Ministry of Economic Development, Job Creation and Trade) the RAP is being offered to businesses of any size at no cost and extend its reach across Ontario.

The Recovery Activation Program (RAP), presented by the @TorontoRBOT will help you evolve your business in response to #COVID19 and beyond.

FAQs

WHAT IS RAP?

RAP is a series of highly practical online programs designed to help businesses digitally modernize their operations and foster growth.

WHEN DO THE PROGRAMS RUN?

The program runs two webcasts, two half-day Digital Certificates, and an immersive Digital Blueprint Program cohort every month.

HOW MUCH DOES THE PROGRAM COST?

Thanks to generous support from the Government of Canada and Government of Ontario, and there is no cost to participate.

WHO CAN APPLY?

RAP is open to all businesses across Ontario.

HOW DO I JOIN THE PROGRAM?

To start your journey, businesses need to complete their Digital Needs Assessment, which takes just 30 minutes, and provides an in-depth analysis of your business against industry-specific benchmarks, and identifies opportunities for digital modernization and evolution.

WHERE DOES THE PROGRAM RUN?

All programs are currently run online and are available to all businesses across Ontario.

HOW WILL RAP HELP MY BUSINESS?

The program teaches SMEs how to adapt to present-day business conditions, and overcome emerging challenges such as: managing a remote workforce, dealing with supply chain disruptions, and leveraging technology to increase overall efficiency and revenue through a number of virtual program offerings:

Digital Blueprint Program

Immersive workshops, dedicated coaching and mentorship sessions led by industry experts that help participating businesses develop a personalized strategy to tackle critical gaps.

Digital Certificate Program

Tailored modules focused on helping businesses upskill in specific areas, and leverage technology and digital platforms to guide their overall digital transformation.

Digital Sales Activation Program

Curated digital sales programs run in targeted international markets designed to help businesses overcome disrupted sales channels.

RAP Webcast Series

A series of deep dive presentations and panel discussions with industry experts, thought leaders, and community innovators that provide practical advice, insights and strategies on digital modernization.

Visit rap.bot.com to complete your

Digital Needs Assessment today.

It’s open to all businesses in Ontario.

Please note:

Select ICCC as the referral agency when filling the form.

Upcoming Programs and Events

Indo-Canada Chamber of Commerce's next edition of Thursday Talks is 0 to 100 in 365 Days. The webinar aims to bring together experts in the field of immigrant settlement. The panelists will explore the most optimal way immigrants can be brought up to speed and working at their full potential in the same occupations of their past or in a brand-new occupation.

The purpose of the webinar is to address issues that are persistently faced by newcomers – severe challenges in finding employment that matches their skills, qualifications and experience, resulting in disguised unemployment or underemployment – highly skilled people doing low-skilled jobs. The webinar will aim to delineate the different strategies that a newcomer may adopt to enhance her / his economic integration into her / his adopted homeland.

The panelists will be announced early next week.

Watch live on Facebook: www.facebook.com/ICCCONLINE

Buyers-Sellers Meet

ICCC - TPCI Buyers-Sellers Meet

Sector: Ceramic Tiles & Marbles and Stones

10:30 AM ET / Thursday 25 February 2021

Canadian importers and dealers of ceramic tiles and marbles and stones are welcome to participate in this program. Please write to iccc@iccconline.org to get a Zoom invite.

Buyers-Sellers Meet

ICCC - CGI-Toronto

Jammu & Kashmir and Ontario Buyers-Sellers Meet

Sector: Handloom Fabrics and Furnishings

8:30 AM ET / Friday 26 February 2021

Canadian importers and dealers of handloom fabrics and furnishings are welcome to participate in this program. Please write to iccc@iccconline.org to get a Zoom invite.

Past Programs and Events

On 11 February 2021, as part of its continuing Leaders' Talk webinar series, the ICCC Hon. Anita Anand, Canada's Minister of Public Services and Procurement to provide insights about Canada's procurement and rollout plan for Covid-19 vaccines.

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

Click here to go to the YouTube recording:

Leaders' Talk: Anita Anand

In the News

Canada

Ontario expands Main Street Relief Grant

Help 60,000 small businesses in province with financial support

to cover PPE costs

Last October, Minister Prabmeet Sarkaria introduced the Main Street Recovery Act, 2020, as part of Ontario government’s Main Street Recovery Plan to support small businesses during COVID-19. Then as now, the Ontario government knows that a strong Main Street depends on thriving small businesses across Ontario.

As the province begins the gradual transition from shutdown measures to a revised and strengthened COVID-19 Response Framework, the Ontario government has expanded the Main Street Relief (PPE) Grant to help more small businesses safely return to the Framework and protect the health and safety of their customers and employees.

The proposals introduced in the Main Street Recovery Plan have been helping struggling small businesses get back on their feet and continue Ontario’s economic recovery, and included the Main Street Relief Grant:

A one-time grant of up to $1,000 for eligible main street small businesses — in retail, food and accommodations, and other service sectors — with two to nine employees to help offset the unexpected costs of personal protective equipment (PPE).

With new enhancements to the Main Street Relief Grant, Ontario government is building on the supports it made available to date to help even more small businesses and safeguard their transition back to the COVID-19 Response Framework.

The Main Street Relief Grant will provide up to 60,000 small businesses with financial support to help cover the cost of PPE and protective supplies. It’s another step the provincial government is taking to help Main Street businesses stay safe, keep people employed, and continue contributing to our communities.

This one-time grant reimburses Main Street businesses for personal protective equipment (PPE) costs incurred since March 17, 2020. Eligible small businesses must have 2 to 19 employees and be part of the following sectors:

Retail trade
Accommodation and food services
Repair and maintenance
Personal and laundry services
Gyms and yoga studios
Arts, entertainment, and recreation

Small and main street businesses in these sectors have been significantly affected by COVID-19, and they often require frequent, in-person contact with coworkers. They typically also have the least amount of space to accommodate physical distancing, and therefore cannot operate in a sustainable way without a steady supply of PPE.

Providing these Main Street small businesses with a grant to help cover the cost of PPE – whether to install plexiglass or purchase a supply of gloves and masks – is helping to stabilize their cash flow, protect workers, and keep people from communities across Ontario employed.

Together, with the Main Street Recovery Act, Small Business Strategy, Small Business Support Grant and other new funding programs, the Ontario government is delivering a long-term plan that will help more small businesses to rehire, rebuild, and re-emerge from this pandemic stronger than before.

To learn more about eligibility to recover PPE costs, please visit:

https://www.ontario.ca/page/businesses-get-help-covid-19-costs#section-1

India

India's Farm Reforms

India’s Ministry of External Affairs reacts to Canadian Government’s remarks, says Canadian Prime Minister Justin Trudeau commended India for holding dialogue with protesting farmers

A day after Canadian Prime Minister Justin Trudeau’s office said he talked to his Indian counterpart Narendra Modi on ‘recent protests’, an apparent reference to the ongoing farmers’ stir, the Ministry of External Affairs (MEA) said Trudeau has hailed the central government’s way of trying to resolve the deadlock with the protesting farmers through “dialogue as befitting in democracy”.

“On the farmers’ protests, Prime Minister Trudeau commended efforts of the Government of India to choose the path of dialogue as befitting in democracy,” MEA spokesperson Anurag Srivastava said in a statement. “Trudeau also acknowledged the responsibility of his government in providing protection to Indian diplomatic premises and personnel in Canada.”

On Thursday, Trudeau said that he held a “good discussion” with PM Modi on many important issues, including on the “two nations’ commitment to democratic principles, recent protests, and the importance of resolving issues through dialogue”, a statement from the Canadian government said.

“I had a good discussion with Prime Minister @NarendraModi on many important issues, and we’ve agreed to stay in touch,” Trudeau had tweeted.

“The leaders discussed Canada and India’s commitment to democratic principles, recent protests, and the importance of resolving issues through dialogue,” the Canadian Prime Minister’s office said in a statement. However, the reference to “recent protests” was not part of the Indian government’s readout of the telephone conversation held between Prime Minister Modi and Trudeau on Wednesday.

Source: Indian Express

Welcome to new members

The ICCC Board of Directors approved the

following new members

Life

Hans Girdhari Bathija

Regular

Abhishek Soni

Akash Lakhotia

Allen Viegas

Amit Bhatia

Chetan Chauhan

Indira Khurana

Navjeet Singh

Rudhin Deep Singh

Sudeep Singla

Sunandita Das

Vikram Chauhan

Vipul Bhavsar

Announcement - Advertisements

Indo-Canada Chamber of Commerce is offering advertising space in its Weekly Newsletter for its members, stakeholders and newsletter recipients. See details below.

The space available is depicted below, and is available for a minimum of six months and maximum of one year.

The rates applicable for each category is also provided in the space allocated for the advertisement. The amount is payable in advance.

To advertise, please call Mayank at 647-995-4792

$450 per month

Introductory Discount Offer

Option 1: for 3 months / 12 insertions

Rate: $1,350

Discounted Rate: $1,250 ($100 discount)

Option 2: for 12 months / 52 insertions

Rate: $5,400

Discounted Rate: $5,000 ($400 discount)

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

ICCC Leaders' Talk: Anita Anand, Canada's Minister of Public Services & Procurement

Thu, 11 Feb 2021 22:30:04 GMT

ICCC Welcomes Canada India Collaboration on Covid-19 Vaccines

Wed, 10 Feb 2021 23:30:00 GMT

Prime Ministers Trudeau and Modi

The Indo-Canada Chamber of Commerce (ICCC) welcomes the dialog between Prime Minister Justin Trudeau and Prime Minister Narendra Modi.

Responding to the news that the Prime Ministers of Canada and India spoke earlier today and exchanged information on their respective efforts to fight the Covid-19 pandemic, Vijay Thomas, the President of the ICCC in his statement issued in Toronto, congratulated both the Prime Ministers for taking the initiative to promote bilateral relations. “We at the ICCC welcome this initiative of India and Canada working together on sourcing of vaccines. The ICCC strongly believes that trade and commerce will help Canada and India build stronger bridges between our two democracies.”

Prime Minister Modi's Tweet

Read the announcement on PMO website: Readout

Vijay Thomas concluded his statement by stating that the ICCC is organizing a webinar featuring Anita Anand, Canada’s Minister of Public Services and Procurement on Thursday 11 February 2021. The Minister will be speaking about ‘Fighting the Pandemic’ Vaccine Procurement and Rollout. The webinar is scheduled at 4:30 pm. To register, click here: Zoom

Fighting the Pandemic Vaccine procurement & rollout

Anita Anand, Canada's Minister of Public Services & Procurement

4:30 PM - 5:30 PM

Thursday

11 February 2021

Download Canada's Covid-19 Immunization Plan:

Saving Lives & Livelihoods

Indo-Canada Chamber of Commerce

924 The East Mall
Toronto ON M9B 6K1
T: 416-224-0090
F: 416-916-0086
E: iccc@iccconline.org
W: www.iccconline.org

Insights into the 2021-22 Indian Budget

Sat, 06 Feb 2021 14:00:00 GMT

ICCC Weekly Newsletter

Fri, 05 Feb 2021 14:00:00 GMT

ICCC Weekly Newsletter

05 February 2021

Announcement - Advertisements

Indo-Canada Chamber of Commerce is offering advertising space in its Weekly Newsletter for its members, stakeholders and newsletter recipients. See details below.

In the News

Canada

Takeout Touchdown this Superbowl weekend

Ontarians urged to order takeout or delivery to help local restaurants

Get your game-faces on, because we're about to help Team Ontario score a huge Takeout Touchdown this Superbowl Weekend!

To support our small businesses, and to help our hard-hit local restaurants weather the storm, we want to take every opportunity to encourage Ontarians to order takeout or delivery whenever they can. With major sporting events coming up, and holidays like Valentine's and Family Day around the corner, this is a critical season for our local restaurants.

This Super Bowl Weekend, we want to encourage Ontarians to do two things to support the Home Team, while staying in bounds and respecting health rules: Stay In & Order Out. Let's help our local businesses score a huge Takeout Touchdown by getting as many people across the province as we can to order takeout or delivery from local restaurants in celebration of the Big Game!

"Vaccine delivery on track"

Prime Minister Trudeau

All Canadians will be vaccinated by September 2021

The Right Honourable Justin Trudeau, Prime Minister of Canada

Prime Minister Justin Trudeau has reassured Canadians that six million doses of COVID-19 vaccine will be delivered by the end of March 2021.

“We’re very much on track to getting those 6 million doses of Pfizer and Moderna by the end of March as we predicted in November. I speak almost every week with the CEOs of these vaccine companies and they have assured me that they will meet their obligations – their contractual obligations – to deliver 6 million doses to Canadians by the end of March. Which means we are still very much on track for 20 million doses in the spring from Pfizer and Moderna, with more vaccine companies in the process of approval right now. And we will get everyone vaccinated by September,” Prime Minister Justin Trudeau said on 4 February at his daily press briefing.

He was addressing apprehensions expressed in some quarters about the possible delays in the vaccine deliveries. Apparently, the deliveries of the Pfizer and Moderna vaccines have ground to a virtual halt.

As per news reports, while about 400,000 doses came to Canada in December 2020, both companies said they encountered delays in production as they tool up to increase capacity. Yet questions remain as to why other countries seem to be doing better in terms of deliveries and Canada lags behind.

Canada was quick off the mark in negotiating deals with seven pharmaceutical companies before knowing which ones and when they would succeed in developing and then, producing a vaccine. Negotiations are said to have been tough and it seems Canada agreed to quarterly shipments. Canada did not realize that vaccines could be ready and approved well before the first quarter delivery in April 2021.

Read news report: 'Vaccine rollout will ramp up soon'

India

India's 2021-2022 Budget

ICCC & SBI Canada Bank with the support of CGI-India organized an insightful analysis of the 2021-2022 Indian Budget on 6 February 2021 with Dr. Soumya Kanti Ghosh. In case you missed it, you may watch the recording of the program here.

Click here to go to the YouTube recording:
India Budget 2021-22

Download Dr. Ghosh's analysis:
India Budget 2021-22 - Booklet

India's Finance Minister Hon. Nirmala Sitharaman before presenting the Budget in the Indian Parliament

Thursday Talks - 2021: Digitally Transform or PERISH

Thu, 04 Feb 2021 21:30:00 GMT

ICCC Weekly Newsletter - 01 February 2021

Mon, 01 Feb 2021 20:42:16 GMT

ICCC Weekly Newsletter

01 February 2021

Announcement

The ICCC Newsletter will now be sent to members and stakeholders every week. The weekly newsletter will continue with the features that formed a part of the monthly newsletter and will include additional features such as welcoming new members. We invite newsletter recipients to suggest subjects that they would like included in the newsletter. You may send your suggestions to iccc@iccconline.org

In the News

Canada

New Travel Restrictions

Quarantine rules to discourage international travel

Canada’s main airlines have agreed to cancel service to the Caribbean and Mexico and the federal government is introducing new mandatory quarantine rules as it tries to discourage international travel.

Prime Minister Justin Trudeau announced 29 January that Air Canada, WestJet, Sunwing and Air Transat have agreed to suspend service to some sun destinations starting Sunday 31 January until 30 April, and will be making arrangements with their customers who are in these regions now to organize flights home.

Starting at 11:59 p.m. ET on Feb. 3, all international passenger, private and charter flights, including from the U.S., will land at the Vancouver, Toronto, Calgary and Montreal airports. Cargo-only flights will remain exempt.

The prime minister said the government will soon be introducing mandatory PCR testing at the airport for people returning to Canada “as soon as possible in the coming weeks.” That’s on top of the pre-boarding test already required.

ICCC Knowledge on the Go: Energy Conservation for Ontario Small Businesses

Thu, 28 Jan 2021 21:30:00 GMT

Greetings from ICCC on India's 72nd Republic Day

Tue, 26 Jan 2021 14:27:39 GMT

GET INVOLVED: Join ICCC Committees

Fri, 22 Jan 2021 22:52:21 GMT

ICCC Committees are being reconstituted

ICCC depends upon the expertise of its members to meets its mandate of fostering bilateral trade and creating opportunities for its small business owner members.

This is an opportunity for everyone who aspires to contribute to the growth of one of Canada's oldest and the largest membership based bilateral business organisations.

This is an opportunity to give back to the community that has supported you in your Canadian journey.

Here is the list of ICCC Committees. Select the one that best suits your interest, experience, qualification and send us an email at iccc@iccconline.org We will be finalizing the members of all the committees by 31 January 2021.

CORE COMMITTEES

Events & Programs
Finance and Sponsorship
International Trade & Market Access
Membership & Engagement
New Immigrants & Mentorship
Philanthropy
Small and Medium Enterprises
Social Media & Marketing
Women Entrepreneurs & Professionals
Young Entrepreneurs & Professionals

SECTORAL COMMITTEES

Advertising & Media
Banking, Financial Services and Insurance
Education, Advanced Skills and Training
Ethnic Food and Restaurants
Hospitality & Tourism
Legal, Tax and Compliance
Natural Resources & Environment
Retail and Distribution
Real Estate
Startups and Angel Investing
Transportation and Logistics

If you know someone who would be a perfect fit for one of these committee, send this information to them and ask them to become our Chamber's member. Our membership discount offer is a great time for becoming a new member of our Chamber. See the offer below.

ICCC's Membership Drive

20% discount on New Membership & Renewals
On Regular category Up to 28 February 2021

Become a Member: Regular Membership

Growth: In his first communication to Indo-Canada Chamber of Commerce’s members and stakeholders, Vijay Thomas, the new President, delineated a three-pronged strategy to bring back the organisation’s glory. The first point in the strategy was Growth. Vijay said, “The Indo Canadian Diaspora in Canada especially the GTA has grown exponentially the last 10 years but the ICCC has really not been able to show a similar growth. This can be very easily be done by outreach within the professionally educated and affluent newer immigrants.”

To fructify this promise, the ICCC is launching an online Membership Drive by offering a 20% discount to new membership and renewals up to 28 February 2021 in the Regular category. The $150 annual membership is available for only $120 up to February end.

Online payment: Moreover, to ease the process of new member enrolment and renewals, the ICCC has now enabled online payment of membership. Both new members and members renewing their membership can now immediately make payment online.

Life Membership: We are changing our Life Membership category. Starting this year, we will be bringing exclusive programs only for Life Members. Also, Life Memberships would be closed for the entire year and would open only in the beginning of each year for one week to allow 30 new Life Members.

For 2021, Life Membership is open till 28 February 2021

ICCC Thursday Talks 2021: State of the Economy

Thu, 21 Jan 2021 21:03:28 GMT

ICCC's Membership Drive: 20% discount New Membership & Renewals

Wed, 20 Jan 2021 17:51:42 GMT

ICCC's Membership Drive

20% discount New Membership & Renewals

On Regular category

Up to 28 February 2021

Growth

In his first communication to Indo-Canada Chamber of Commerce’s members and stakeholders, Vijay Thomas, the new President, delineated a three-pronged strategy to bring back the organisation’s glory. The first point in the strategy was Growth. Vijay said, “The Indo Canadian Diaspora in Canada especially the GTA has grown exponentially the last 10 years but the ICCC has really not been able to show a similar growth. This can be very easily be done by outreach within the professionally educated and affluent newer immigrants.”

To fructify this promise, the ICCC is launching an online Membership Drive by offering a 20% discount to new membership and renewals up to 28 February 2021 in the Regular category.

The $150 annual membership is available for only $120 up to February end.

Online payment

Moreover, to ease the process of new member enrolment and renewals, the ICCC has now enabled online payment of membership. Both new members and members renewing their membership can now immediately make payment online.

Life Membership

For 2021, Life Membership is open till 28 February 2021.

Become a Member today: Membership

ICCC January 2021 Newsletter

Thu, 14 Jan 2021 16:16:30 GMT

ICCC January 2021Newsletter

President's Views

By Vijay Thomas

2021 promises to be a New Year with a big difference – it will be the year when we will all begin to see the back of Covid-19 – the horrific pandemic that continues to wreak havoc globally.

With the vaccine rollout steadily encompassing large swathes of world’s population, we will hopefully return to normalcy soon. But, as we hasten to leap back to the familiar, let us not forget the lessons that the pandemic and the lockdown have taught us.

And, as a technology entrepreneur, I root for the technological revolution that was ushered in during 2020 in every possible realm of our existence, and especially in the manner in which technology transformed our workspace.

By now, all of you are aware that I have taken over as the 32nd President of the Indo-Canada Chamber of Commerce (ICCC). We have a new team of directors – all experienced community leaders and nearly all of them successful entrepreneurs.

As the new leader of an established institution, I am aware of my responsibilities and duties and to fulfil them I have chalked out a three-pronged outreach strategy, and a three-pronged internal strategy. Let me adumbrate the outreach strategy first.

Growth – The Indo Canadian Diaspora in Canada especially the GTA has grown exponentially in the last 10 years but the ICCC has really not been able to show a similar growth. This can be very easily be done by outreach within the professionally educated and affluent newer immigrants. As we attract a better membership, our membership start to become more aspirational – imagine a “Member of the ICCC” bumper sticker or an ICCC plaque in offices of Indo-Canadians.

Relevance – The ICCC should seek to make itself more relevant in the Indo-Canada business corridor and assist businesses from Canada and from India to look at each others’ markets more. We have the partnerships and the government connections to take this to the next level. The ICCC should also become a lobby group for the Indo Canadian business community. We will strive to make ourselves relevant to the second and third generation of Indo-Canadians.

Digital – we have to have a digital first strategy and ensure that we still conduct our events as much as possible via a digital medium to enhance reach and also lower costs – the 2020 Gala cost only 20K versus nearly 200K for the 2019 Gala.

Read more: President's Views

In the News

Canada

Ontario's support to small businesses

Hon. Vic Fedeli,

Ontario's Minister of Economic Development, Job Creation & Trade

The Ontario government has opened applications for the new Ontario Small Business Support Grant. The grant, first announced in December, provides a minimum of $10,000 to a maximum of $20,000 to eligible small businesses who have had to restrict their operations due to the Provincewide Shutdown. The tightened restrictions were put in place to help stop the alarming rise of COVID-19 cases in Ontario.

"As Ontario's employers do their part to defeat COVID-19, they are facing unprecedented challenges as a result of this global pandemic," said Peter Bethlenfalvy, Minister of Finance and President of the Treasury Board. "I encourage every eligible small business owner in Ontario to visit Ontario.ca/COVIDSupport to access the support our government has made available. While we still have a lot of work ahead of us, we can all look confidently to the future as we resolve to do our parts and put COVID-19 behind us."

Small businesses required to close or significantly restrict services under the Provincewide Shutdown will be able to apply for a one-time grant and use this funding in whatever way makes the most sense for their individual business needs. For example, some businesses could need support paying employee wages, while others could need support with their rent.

Eligible small businesses include those that:

Were required to close or significantly restrict services due to the Provincewide Shutdown being imposed across the province effective 12:01 a.m. on December 26.
Have fewer than 100 employees at the enterprise level.
Have experienced a minimum of 20 per cent revenue decline in April 2020 compared to April 2019. New businesses established since April 2019 will also be eligible if they meet the other eligibility criteria.

"Small businesses are the heart of Ontario's economy," said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. "The Ontario Small Business Support Grant will help thousands of small businesses get through this difficult time, while strengthening our province's economic recovery."

Read more: In the News

India

Indian PM's pledge: Vaccine-production
capacity to help all humanity

On January 3, 2021, India announced emergency use authorization (EUA) for two COVID-19 vaccines. The first is for a vaccine developed by Oxford University and U.K.-based pharmaceutical giant AstraZeneca that is being manufactured in India by the Pune-based Serum Institute of India under the name of Covishield. This vaccine has already been approved for use in the UK. The other, an indigenous COVID-19 vaccine, called Covaxin, has been granted 'Monitored Approval.' It is made by Hyderabad-based Bharat Biotech in collaboration with the Indian Council of Medical Research. Indian health authorities announced that from January 16, India would roll-out one of the most extensive immunization programs globally by immunizing more than 300 million people in the next six months.

The approval of Covaxin drew concern from some quarters. However, the issue had already been clarified by India's Health Minister who said that the EUA for COVAXIN is differently conditional -- in clinical trial mode. All Covaxin recipients will be tracked and monitored like in a regular trial. This approval ensures India has an additional vaccine shield in its arsenal against potential mutant strains in a dynamic pandemic situation – a strategic decision for our vaccine security. There were also some false reports that the Government of India has put restrictions on the export of vaccines. The Health Ministry in India has already clarified that the Government has not banned the export of any of the COVID vaccines.

The vaccines manufactured by Indian firms are most affordable and require less expensive infrastructure to store and transport. Unlike Covishield and Covaxin, which can be stored at temperatures of 2 to 8 degrees Celsius, Pfizer's vaccine requires temperatures of minus 70. These India made vaccines open the possibility for vaccines to be equitably distributed across the globe. Indian pharmaceutical sector is among the most sophisticated globally, and Indian companies are major manufacturers of vaccines distributed worldwide, particularly those for low-income countries, supplying more than 60% of vaccines provided to the developing world. Without this capacity, there will not be enough vaccines to save the world. While addressing the United Nations last year, India's Prime Minister Narendra Modi had committed India's vaccine-production capacity to help 'all humanity'.

Read more: In the News

Insight

India's Agriculture Reforms

The Indian Supreme Court has stayed the implementation of the new farm laws and has formed a committee to examine them,

Meanwhile, more than 800 academics, researchers, scientists, and policy experts in India have issued a joint statement where, while expressing sympathy with the farmers' protest, they pointed out that the three new agricultural laws would be of tremendous benefit to the farmers in India. Several Farmers’ Unions have also stated that they support the reforms and demanded that the laws should not be rolled back.

On December 18, India's Prime Minister Narendra Modi, while addressing the farmers, strongly asserted that the existing regime of the Minimum Support Price (MSP) for agricultural produce would continue. The issues surrounding the farm reforms have been politicized but there are compelling reasons to bring such reforms, the most important being the need to bring greater prosperity to farmers.

We share with our members information on the agriculture reforms provided by the High Commission of India in Ottawa.

Agriculture employs over 50% of Indians yet accounts for only 15% of India’s GDP. The bottlenecks include low farm productivity, fragmented land holdings, lack of storage infrastructure, and high indebtedness, are causing persistent agrarian distress in India.

Narendra Modi government’s bold moves to fundamentally reform one of the most important sectors of the Indian economy seek to change this.

Under the Farmers’ (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill, 2020, farmers now have the freedom to engage in contract farming. This legislation will obliterate the role of rent-seeking intermediaries and will lay the foundation of a true digitally enabled national agricultural marketplace, and hence a level playing field for all farmers. This paves the way for better land utilization and long-term financial security while providing access to modern technology and reducing the cost of marketing.

With the new Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020, farmers will now able to sell their produce anywhere in the country as part of the 'One Country One Market' policy. This promises better pricing for agricultural produce and increased farmer incomes, which were previously squeezed by unscrupulous middlemen and cumbersome state taxes.

The uproar over Bills is misplaced for many reasons and politically motivated.

Read more: Insight

For more information, download following reports:

Agriculture Market Reforms: Fixing a Broken System (Report)

Agriculture Market Reforms: Fixing a Broken System (Presentation)

New Farm Acts - Understanding the Implications (Analysis)

Money Talk

By Rakesh Vijay

Exchange Trade Funds - A Primer

More and more investors are looking to Exchange Traded Funds (ETFs) as part as their balanced portfolios. ETFs are hybrid securities; they are mutual fund trusts, but the units are listed and traded daily on major stock exchanges just like individual equities.

ETFs can come in many varieties from passive index tracking, quantitative based strategies, to full active management. Within the passive index based categories, commodities such as gold, silver, and oil as well as currencies, sectors, and specific industries are widely used and available. ETFs have also been developed to track a group of stocks from specific countries and regions, and others allow investors to emphasize growth or value stocks within a particular index. There are even ETFs designed to help investors profit from bull and bear markets by offering inverse and magnified exposure to the S&P/TSX 60 Index and other indices, sectors and commodities. To note, the latter category offering magnified exposure are high risk and recommended for short-term hold periods only.

Meet your new Board (2021) and their portfolios

Fri, 08 Jan 2021 23:30:00 GMT

BOARD OF DIRECTORS - 2021

Vijay Thomas
President

Vijay Thomas is founder and CEO of Tangentia, which has evolved to become a leading global Robotic Process Automation, Artificial Intelligence and B2B solutions company with a multi-national footprint with offices in USA, Canada and India. Tangentia has 100+ customers in 30+ countries and 150+ employees worldwide. Vijay is a seasoned speaker on e-commerce, B2B, Automation and Artificial Intelligence. He is also active in the Indian startup scene and has been an angel investor in many start-ups including Ixigo which is India’s largest meta search engine. Vijay has a bachelor’s degree in mechanical engineering from Karnatak University and a MBA from Goa Institute of Management.
Surinder Sharma
Vice President & Director, Operations & Programs and Events

Surinder Sharma is a veteran technocrat who has served as Senior Professional with Multi-National Compies in India, Bahrain, UAE and Canada in the areas of project management, engineering, marketing and strategic planning. As a social entrepreneur, he is deeply engaged in energy conservation and demand management programs aimed to protect the environment. In 2001, Surinder founded Power Saving Systems Inc. that assists Canadian Industry (manufacturing, commercial, hospitality and small business) to reduce their carbon footprint by reducing the electricity usage by conducting energy audits and retrofit programs. Surinder is the Past President of the IIT Alumni Canada and a Founding Member & Past Chair of Panorama India. He actively served the Mississauga Board of Trade (MBOT) and remained a Director on its Board from 2012 to 2017. Tauseef Sheikh
Corporate Secretary & Director

Tauseef Sheikh is a seasoned, top-performing banking professional with experience in Global Banking, Retail Banking and Wealth Management. Prior to joining HSBC Bank in Canada, he was with HSBC India and part of the start-up team of the NRI (Non-Resident Indian) office in Canada. He was responsible for building a North American platform for providing onshore and offshore banking products with particular focus on cross- border Private Banking services. He is also the Ambassador for Diversity and Inclusion with HSBC in Canada. He believes in giving back to the community.

Don Patel
Vice President & Director, Finance

Don R.B. Patel is an entrepreneur with stake in retail businesses, and a decade of focus on real estate field has kept him connected to Indian diaspora. He made Brampton his Karmabhumi almost 3 decades ago, and since then has been passionately involved in several community organizations. He is a member of the Toronto Real Estate Board, and CREA besides being an active member of ICCC for several years.

Virender Rathi
Vice President & Director, Government Relations & Legal Affairs

Virender Rathi is a versatile lawyer, specializes in Immigration and Real Estate. Virender graduated from Osgoode Hall Law School. He is a member of the Law Society of Ontario, Canadian Bar Association, Ontario Bar Association and CASAL. He is strongly committed to community and actively involved in many NFP’s including ICCC.

Sanjay Kulkarni
Director, Governance & Business strategy

Sanjay is the CEO and President of Sankul Enterprises Inc., a boutique firm providing CFO services and business value advice to small and medium sized companies. Sanjay is a CA(I), CS(I), CMA, CPA, CFA and Chartered Director. With years of experience in financial services, Sanjay Kulkarni is a problem-solving leader with the ability to effect change by improving processes, setting robust goals/corporate objectives and identifying/resolving critical issues. An expert in negotiations, Sanjay is a strong business leader who has had a distinguished career of 25 years in Canada in building and governing corporate finance, accounting, and treasury functions for various companies. Sanjay’s passion is to help small and medium sized companies in enhancing their business value, enabling them to provide meaningful work.

Bhavik Parikh
Director, Membership Engagement & ITC

Bhavik Parikh is an innovative technologist, data architecture and researcher who has worked with multiple fortune 500 companies and provided B2C, B2B and B2G solutions. He serves on various non for profit boards across Canada, USA and India. He has worked in various business domains including human resource, finance, space, health, pharmaceutical and education. Bhavik has a bachelor degree in Business Community Enterprise and Information Technology from University of Liverpool and masters degree in Information Systems engineering from University of Manchester.

Vikas Sharma
Director, Small & Medium Business

Since 2006, Vikas has been the President and Owner of a post-industrial plastics recycling company in Toronto, Canada. The firm specializes in trading a wide variety of secondary fiber, post-industrial plastics and raw material to build the efficiency and profitability of its customers recycling operations. Vikas has significant experience in international trade and over the last two decades, Vikas has exported to China, India, Vietnam, Mexico and the USA. He specialises in India and North America trade.

Ripudaman Singh Dhillon
Director, Sponsorship
Ripudaman established ICC Canada Immigration Solutions Inc. to help new immigrants to easily settle into a better life in Canada. His entrepreneurial zeal led him to launch Guru restaurant in 2013 in Heartland. His affinity for public service inspired him to start Radio Dhun, Ontario’s first multicultural and multilingual radio station, and in 2017 he acquired Radio 1220AM that reaches audiences from Ottawa to St. Catherines. The International Fashion Festival Toronto he launched in 2014 promotes local designers. Ripudaman is an active philanthropist and was the Progressive Conservative Party of Ontario’s candidate in 2018 and a candidate of record for Brampton North.

ICCC December 2020 Newsletter

Tue, 22 Dec 2020 22:42:38 GMT

ICCC 2020 Annual Magazine Special

(Click on image to download the magazine)

President's Message

Pramod Goyal

New Era of Transformation

Resilience ● Rebuild ● Rejuvenate

It would be easy to dismiss 2020 as annus horribilis, which is Latin for “a horrible year”. There is no denying that the Covid-19 pandemic radically transformed the world and sent it hurtling down into an unfamiliar territory and terrain.

Public debt incurred by governments across the world to help sustain a modicum of economic growth and to directly assist people deal with crippling effects of the global lockdown has snowballed to unmanageable levels. It will take serious fiscal discipline measures to restore the public finances of majority of nations globally once the world moves back to post-Covid-19 normalcy.

When the pandemic-induced lockdown started several months ago, I was among the first to laud the federal and the provincial governments for taking swift action to help alleviate the economic malaise that small businesses would begin to feel, and had forcefully advocated that a nuanced approach to dealing with the economic crises was imperative, especially in dealing with small businesses.

And while there are several issues that we need to come to terms with in dealing with the traumatizing and enervating effects of the pandemic, I want to emphasize that there have been a number of positives that have emerged during the year that will have a long-lasting beneficial impact.

In choosing the theme for this year’s annual magazine and the first virtual Gala – New Era of Transformation Resilience. Rebuild. Rejuvenate. – we were certain that we had to focus on the present crisis with a view to its future beneficial fallout.

The pandemic has brought the world together, unitedly we have shown nerves of steel to make a new future that accommodates what has worked in the past but focuses on fresh alternatives. This is transformation that considers resilience, has the zest to rebuild and the zeal to rejuvenate.

ICCC Annual Awards 2020

Sun, 20 Dec 2020 21:30:00 GMT

Leaders Praise ICCC

Tue, 15 Dec 2020 14:00:00 GMT

Unlocking Your Angel Investor Potential

Fri, 11 Dec 2020 21:30:00 GMT

ICCC November 2020 Newsletter

Fri, 13 Nov 2020 15:01:38 GMT

Newsletter - November 2020

President's Views

Pramod Goyal

Indian Diaspora – India's Brand Ambassadors

The Indian Diaspora may have voted with their feet to emigrate out of India. But their influence is increasing both in their motherland and their homeland. Thanks to their educational and economic status and their social and political mobility, the Indian Diaspora is today a powerful influence in their motherland and their homeland.

They influence India’s economy directly through their remittances and investments. Diaspora finance in the form of remittance and investment helped India to come out from its foreign reserve crisis and fueled its economic growth. India has overtaken China in terms of receiving foreign remittance recently.

The Indian Diaspora gave true meaning to the Sanskrit aphorism ’Vasudaiva Kutumbatam’ – the entire world is one family – by remaining faithful to their matrubhoomi and their karmabhoomi.

The approximately 20 million diverse Indian Diaspora has enriched their profile through skills and inspiration from their civilizational values. Though they are heterogeneous, drawn from different historical and cultural contexts of migration, they retain their Indian identity and a deep cultural and emotional bond towards India.

Indian Diaspora imbibes as well as imparts values – taking in the best their new home has to offer and giving back the best from India. It is little wonder, then, that in most parts of the world, the Indian Diaspora is considered an ideal community.

Read more: President's Views

Happy Diwali

Let's make this Diwali joyous and bright

Let's celebrate in true sense this festival of light

Programs & Events

Cleantech Mission to India - 2021

25 - 26 February 2021

Download

Flyer

Application Form

If you are interested in participating in this no-cost virtual mission, please contact Mayank (mbhatt@iccconline.org)

Mission organizers

Funding Partner

Upcoming Webinars

Skills Development & Entrepreneurship

Keynote address

Hon. Mahendra Nath Pandey

India's Minister of Skills Development & Entrepreneurship

Details to be announced

Past webinars

Real estate investment opportunities in India

29 October

Small Business Week 2020

26 October

Covid19's Impact on Canada's Immigration

22 October

In the News

Ontario Budget 2020

Provisions aimed at assisting small businesses

Minister Prabhmeet Singh Sarkaria as the Ontario's Minister of Small Business, on behalf of Ontario’s Small Business community, has worked closely with Minster Rod Phillips and his team to focus efforts on the things that matter most to small business. In particular, the following initiatives are aimed particularly at assisting small businesses in Ontario through the new budget’s provisions.

A New Electricity Plan for Growth & Job Creation

The 2020 Budget outlines our plan to reduce the burden on employers of the high-cost energy contracts signed by the previous Liberal Governments with non-hydro renewable energy producers. Starting January 1, 2021, roughly 85% of these high cost wind, solar and bioenergy contracts will be funded by the Province, not business ratepayers. Removing these costs from electricity bills will result in medium size (Class B) and larger industrial and commercial employers (Class A) saving about 14% and 16% respectively, on average, on their electricity bills. The Ontario Electricity Rebate will continue to protect households, farms and small businesses, including main street restaurants and retail shops.

A New Property Tax Plan for Employers

The 2020 Budget outlines our plan to reduce the burden on employers of varying business property taxes. To address this inequity, the Province will lower the significant Business Education Tax (BET) component of property bills to 0.88%. This will benefit over 200,000 business properties or 94% of all business properties in Ontario, providing an annual savings of $450M beginning in 2021.

A New Property Tax Plan for Small Businesses

The 2020 Budget will enable municipalities to partner with the province to reduce the burden on small businesses of business property taxes, by allowing municipalities to create a reduced small business property tax subclass. For all municipalities that agree to create a lower small business property tax subclass, the province will consider matching these municipal property tax reductions in order to provide further support for small businesses. Total municipal and provincial property tax relief for small businesses could total $385M by 2022-23.

With both property tax reductions, a small bakery shop in Toronto with an assessment value of $1.5M could save $10,500 in property taxes annually.

A New Employer Health Tax Plan for Small Business Employers

Due to the COVID-19 Pandemic in March our government expanded our exemption from the Employer Health Tax (EHT) for 2020 from $490,000 to $1 million. In the 2020 Budget we are making this change permanent. This change will permanently reduce the EHT on a restaurant with $700,000 in payroll from $4,095 to 0, and would reduce the EHT on a Building Contractor with a payroll of $1.5 million from $19,695 to $9,750.

Ensuring Business Property Tax Assessments are based on permitted land use not speculative land uses – in the 2020 Budget to ensure the government is well-positioned to respond to input and any necessary amendments to the Assessment Act, the government is proposing the creation of optional new assessment tools to address concerns regarding assessments on permitted land use versus speculative land use.

Read more: In the News

Insight

How Canadian entrepreneurs are adapting
to the pandemic

Business Development Bank of Canada (BDC) published a study on the impact of the Covid19 pandemic on Canadian entrepreneurs and how they are coping with the economic uncertainties

As we all know, the world changed dramatically in spring 2020. Operating in an enviable economic environment before that date, businesses and consumers alike have been impacted by the lockdown. The global health crisis has led to one of the largest economic crises in history. Fortunately, governments have implemented exceptional measures to help citizens and businesses maintain and relaunch their activities. We are currently on the road to a slow recovery.

In this new business environment, many Canadian entrepreneurs are showing ingenuity in adapting to post crisis challenges. This report outlines the five priorities that small and medium-sized enterprise (SME) leaders across the country intend to pursue over the next few years. The purpose of the report is to inspire all entrepreneurs and help them put their businesses back on track to prosperity. This report also demonstrates that there are opportunities for businesses of all sizes.

While the situation remains uncertain, it is important to remember that all crises ultimately pass. It is therefore essential that Canadian entrepreneurs position themselves now to take advantage of current and future business opportunities.

Read more: Insight

From risk to resilience

An equity approach to Covid-19

Dr. Theresa Tam, Chief Public Health Officer of Canada's Report on the State of Public Health in Canada 2020

ICCC Thursday Talks Webinar Series - Real Estate Investment Opportunities in India

Thu, 29 Oct 2020 15:42:39 GMT

ICCC Webinar Series Small Business Week 2020

Mon, 26 Oct 2020 21:30:00 GMT

Covid19's impact on Canadian Immigration

Thu, 22 Oct 2020 21:30:00 GMT

Ontario - Uttar Pradesh Trade and Investment Collaboration Initiative

Fri, 16 Oct 2020 11:46:07 GMT

Ontario – Uttar Pradesh to collaborate on
trade and investment promotion

ICCC-PHDCCI virtual conference features
Ministers Vic Fedeli and Sidharth Nath Singh

Ontario and Uttar Pradesh have agreed to collaborate on promoting trade and investments between the most populous Canadian province and the most populous Indian state.

During an interaction at a virtual conference organised by the Indo-Canada Chamber of Commerce (ICCC) and the PHD Chamber of Commerce and Industry (PHDCCI) on 15 October, both Hon. Vic Fedeli, Ontario’s Minister and Hon. Sidharth Nath Singh, Uttar Pradesh’s Minister emphasized the urgency of such a collaboration initiative.

In his address, Minister Fedeli, who is responsible for Economic Development, Job Creation and International Trade in Ontario, said that India is a special focus for Ontario and the provincial government is aiming to enhance bilateral trade between the province and India.

He said, under Premier Doug Ford’s leadership, Ontario has emerged as an economic powerhouse. Merchandise trade between Ontario and India is worth C$3.2 billion, accounting for over one-third of total Canada – India trade, and 9% of Canadian exports to India are from Ontario. More than 50 Indian companies across all sectors have operations and investments in Ontario.

Minister Singh, who is responsible for Micro, Small and Medium Enterprise, Export Promotion and Khadi and Village Industries in Uttar Pradesh, said amid the global Covid-19 headwinds facing the commercial and industrial sectors, the state government cleared a new investment policy aimed at providing a fillip to industries; this policy positions UP favourably before prospective global investors planning to shift their manufacturing bases.

It has also helped the state occupy the second position on the scale of ease of doing business among Indian states. Additionally, the UP government is developing big-ticket infrastructure projects such as the Jewar International Airport, the proposed film city and financial hub, defence and aerospace, MRO hub for aircraft maintenance, and developing parks in electronic, agro, pharma and medical.

In his Presidential address, Pramod Goyal, President, Indo-Canada Chamber of Commerce, said Canada and India are rediscovering each other as trade partners all over again. In recent months, there have been many high-powered meetings between Canadian and Indian ministers. However, what is significant is that these meetings are leading to a systemic shift on the ground level in terms of trade between our economies.

He said that the ICCC would continue to play a pivotal role in fostering bilateral trade ties. While devising strategies to promote bilateral trade in a post-Covid19 era, our Chamber planned three distinct thrust areas:

1. Connect Canadian and Indian federal Ministers to kickstart a dialog to enhance variety, volume and velocity of trade by 2025.
2. Connect Canadian provinces with Indian states to provide depth, meaning and direction to bilateral trade relations
3. Connect small business in Canada and India to enable them to mutually explore collaborations

“Last month, we brought Canada’s Minister Mary Ng, and India’s Minister Hardeep Singh Puri, and next month, next month we are collaborating with the SME Chamber of India to connect five Canadian and Indian small businesses. Today, we have joined hands with our partner PHD Chamber to bring Ontario and Uttar Pradesh together,” Mr. Goyal said.

Speaking on the occasion, Apoorva Srivastava, Consul General of India in Toronto, said that trade and investment linkages are an integral part of the multi-faceted relationship between India and Canada, and India-Canada bilateral ties are driven by shared democratic values and many common interests. She said India offers political stability, investment and business-friendly policies, skilled talent pool. These inherent strengths of the Indian economy have resulted in Canadian Pension and Investment funds investing over $60 billion into Indian portfolios.

Hon. Nina Tangri, Ontario’s Parliamentary Assistant to the Minister of Economic Development, Job Creation and International Trade, said, the province continues to be the mainstay of traditional industrial sectors such as automotive and aerospace. “While our traditional industries are evolving to meet contemporary demands, Ontario is also a place where the new economy has emerged in force.”

She said there are few places in the world more diverse than Ontario, and the province has people from over 150 countries, and over 200 languages are spoken across the province. In fact, Ontario is one of the most popular hubs for global talent in all of Canada, attracting almost 45 percent of all new immigrants.

Among those who spoke at the virtual conference included Dr. Aditya Jha, Indo-Canadian serial entrepreneur; Pradeep Multani, Senior Vice President, PHDCCI; Satish Srivastava, CMD, Nilansh Group; and Shri Lal Gupta, MD - BNSR Industries Ltd.

Read on Weekly Voice website: https://www.weeklyvoice.com/iccc-hosts-ontario-uttar-pradesh-conference/

ICCC October 2020 Newsletter

Fri, 09 Oct 2020 13:00:00 GMT

President's Views

Pramod Goyal

Trade, Diversity & Inclusion

This month, I discuss new action on the bilateral trade front and the issue of diversity and inclusion as applicable to addressing the representational gap of women, racialized and black people on boards and senior management positions.

Trade

The sudden spurt in bilateral exchanges is a clear indication, Canada and India are committed to meaningfully engage and take their trade ties on to higher trajectory. As per some estimates, trade and Canadian portfolio investments have crossed $80billion, and Indian diplomats say that it has the potential to reach $100 billion, given the right push.

Diversity & Inclusion

I had the privilege of participating in a roundtable discussion initiated by Minister Navdeep Bains’s Ministry of Innovation, Science, and Industry on enhancing diversity and inclusion on company boards and senior management. Termed the 50/30 challenge, the initiative seeks to enhance the presence of under-represented gender and ethnicities on corporate and public boards and senior management levels.

Read more: President's Views

Programs & Events

Ontario-Uttar Pradesh Trade & Investment Collaboration Initiative

Dialogue between

Hon Vic Fedeli
Ontario's Minister of Economic Development, Job Creation and Trade

Hon. Sidharth Nath Singh
Uttar Pradesh's Minister of MSME, Export Promotion
& Khadi and Village Industries

Followed by a panel discussion, featuring

From Canada

Hon. Nina Tangri, Ontario's Parliamentary Assistant to Minister of Economic Development, Job Creation and Trade

Dr. Aditya Jha, Indo-Canadian Serial Entrepreneur, Industrialist, Investor

From India

Satish Srivastava, CMD - Nilansh Group

Shri Lal Gupta, MD - BNSR group company

Jatin Verma, Director, JSV Motors & Construction Pvt. Ltd.

Elspeth Heyworth Centre for Women's Virtual Gala

Support Elspeth Heyworth Centre for Women

In the News

Making Ontario Better for People & Smarter for Business

Reducing Regulatory Burdens to Support Economic Recovery & Growth

The Ontario government continues to deliver on its commitment to remove regulatory roadblocks, cut red tape and support job creation with the introduction of the Better for People, Smarter for Business Act, 2020. The legislation is part of the province’s made-in-Ontario plan for growth, renewal and economic recovery.

The bill was introduced in the Legislature on 6 October by Prabmeet Sarkaria, Associate Minister of Small Business and Red Tape Reduction. If passed, the act will strengthen Ontario’s economic recovery, support businesses on the ground, and help government deliver clear and effective rules that promote public health and safeguard the environment without sacrificing innovation, growth and opportunity.

Read more: In the News

Insight

What India Eats?

Joint endeavour of
Indian Council of Medical Research-National Institute of Nutrition

Diet plays a crucial role in determining the health and nutritional status of the population. The dietary diversity of a food plate is determined by several factors such as personal factors and environmental factors. Keeping this in view, an attempt has been made to understand (i) region wise food groups consumption and macronutrient intake (ii) contribution of different food groups to energy, protein, fat and carbohydrates (iii) proportion of population consuming energy obtained from various food groups as per ICMR- NIN “My Plate for the Day” recommendations (iv) region-wise variations in the prevalence of obesity and hypertension (HTN) and diabetes (T2D).

Region wise information on dietary consumption in terms of food groups is essential for developing an appropriate region specific food based strategies for tackling the triple burden of malnutrition in India with diverse cultural and food behaviour practices. Also, it would help in evolving inter-ministerial convergence related to production, processing, distribution, availability etc., for ensuring food and nutrition security to achieve ’zero hunger' by 2030.

Read more: Insight

Money Talk

Rakesh Vijay

Avoid the Five Mistakes Investors Make in Tough Markets

Setting unrealistic investment objectives
Buying high and selling low
Acting on tips and hunches
Putting all your eggs in one basket
Ignoring tax consequences and trading costs

Rakesh Vijay's Money Talk

Notice

Canada & India Pledge To Promote Trade Ties

Fri, 25 Sep 2020 12:00:00 GMT

https://www.weeklyvoice.com/canada-india-pledge-to-promote-trade-ties/

TORONTO: Canada-India relations have never been as good they are right now, and it’s the right time to get into overdrive to enhance trade.

This was the consensus opinion of eminent speakers and panelists at the web program ‘Canada – India Trade by 2025 – Enabling Variety. Volume. Velocity.’ organized by the Indo-Canada Chamber of Commerce (ICCC) on September 17.

Mary Ng, Canada’s Minister of Small Business, Export Promotion, and International Trade and Hardeep Singh Puri, India’s Minister of State for Commerce and Industry, Civil Aviation, and Housing and Urban Affairs were the main speakers at the program.

Following their interaction, the High Commissioners of Canada and India – Nadir Patel and Ajay Bisaria gave their perspective on enhancing bilateral trade. The program concluded with a scintillating panel discussion moderated by Ravi Seethapathy, former President of ICCC, an energy sector expert, and a corporate director; the panelists included Goldy Hyder, President, and CEO, Business Council of Canada; Vikram Khurana, Chair, Toronto Business Development Corporation; Mohit Singla, Chair, Trade Promotion Council of India; and Rupa Naik, Senior Director, Projects, World Trade Centre – Mumbai.

In her opening remarks, Minister Ng congratulated the ICCC for its tireless efforts to foster bilateral trade relations between Canada and India. “I laud the Indo-Canada Chamber of Commerce for the good work to promote trade and forge linkages in the small business sector in both Canada and India,” she said.

She emphasized that the overall ties between Canada and India have never been as good as they are at present. “I have had four meetings with Minister Piyush Goyal to discuss trade,” and a significant momentum has been built for cooperation.

Minister Ng said that while trade in traditional sectors such as pulp and paper and agri-food continues to grow, new sectors like clean energy, education, skills and training, urban infrastructure, and transportation are emerging quickly.

The Minister gave the example of an Ottawa-based company providing technical knowhow to Gujarat for low-cost wastewater treatment. Piyush Goyal, India’s Minister of Railways and Minister of Commerce and Industry was originally slated to participate in the web program.

However, he was called to deal with an urgent matter in the Rajya Sabha, Indian Parliament’s Upper House, where he is the Deputy Leader.

In his place, Hardeep Singh Puri, India’s Minister of State for Commerce and Industry, Civil Aviation, and Housing and Urban Affairs, participated. Minister Puri provided a panoramic view of the bilateral trade ties between Canada.

“We draw great strength from people to people relations,” Minister Puri said.

Minister Puri said the ICCC theme – ‘Canada – India Trade by 2025: Enabling Variety. Volume. Velocity’ – for the web program captured the entire scope of bilateral trade. He said India has pushed through significant economic reforms and liberalized investment norms in several key sectors such as pharmaceuticals and defense during the pandemic.

Record growth Nadir Patel, Canada’s High Commissioner to India, said the progress in Canada – India relations and especially in bilateral trade has been remarkable.

“We have to celebrate our successes and see where we have come from and where we have reached. Trade has hit a record each year of the last five years. The momentum was strong in 2020. The base we have built gives us strength.”

Ajay Bisaria, India’s High Commissioner to Canada, congratulated ICCC for organizing the program. Talking about the upward trajectory in bilateral trade and investments between the two countries, Mr. Bisaria said the present trends indicate that portfolio investment from Canada into India would reach $100 billion in the next five years.

Bisaria said the immediate opportunity to significantly enhance bilateral ties was in manufacturing the Covid-19 vaccine.

“India has the capacity to become the world’s pharma base to produce the Covid-19 vaccine.” India is not just a pharmacy of the world, but also a vaccine manufacturer of the world with the capacity to manufacture over a billion doses. Following the speeches, Ravi Seethapathy, the former President of ICCC, moderated a panel discussion.

World Trade Centre – Mumbai’s Senior Director for Projects Rupa Naik, who was participating from Mumbai, India, said: “There is a dire need to enhance trade between the two nations and gain from our complementarities and competitive advantages.

The US and the EU recently struck a deal for reducing tariffs on certain products to improve market access between the two countries. India too should enter into such agreements to gain from trade.”

Toronto Business Development Corporation’s Chair Vikram Khurana emphasized the significance of enhanced investments from Canadian institutional investors – chiefly the pension funds – into India in recent times.

“Only in the last six months, during the height of the pandemic, Canadian pension funds have invested $5.5 billion in India.”

He added that companies such as Ivanhoe Cambridge are devising innovative investment tools that will transform investments in the real estate sector and enhance Canadian exposure in India in that sector.

Mr. Khurana said Canadian small business will also be positively impacted by this development because it will have the stardust effect, where small businesses follow big businesses into a new market.

Trade Promotion Council of India’s Chair, Mohit Singla pointed out that the untapped potential to enhance trade between Canada and India will materialize into exponential growth when trade and services are diversified.

Trade statistics have shown impressive growth in recent years. Business Council of Canada’s President and CEO, Goldy Hyder emphasized the need for trade agreements between Canada and India.

It is important for both the Canadian and the Indian establishments to sign the long-pending trade and investment agreements, Mr. Hyder said. He also said that such forums tend to emphasize investments in India, but Indian investments into Canada also MEDIA KIT have tremendous scope.

ICCC Newsletter - September 2020

Wed, 23 Sep 2020 15:36:04 GMT

President's View

Pramod Goyal

Enhancing bilateral trade

Last week, I had the honour of moderating a discussion between Hon. Mary Ng, Canada’s Minister of Small Business, Export Promotion and International Trade and Hon. Hardeep Singh Puri, India’s Minister of State for Commerce & Industry, Civil Aviation and Housing and Urban Affairs. Your Chamber organised this dialogue between the two ministers on enhancing Canada – India trade.

Earlier this month, the Executive Team of the ICCC met His Excellency Ajay Bisaria, the High Commissioner of India in Canada. During the meeting, he emphasized the significance of transforming the bilateral relations between our two democracies.

We informed the High Commissioner of the three initiatives that ICCC has undertaken to achieve the common objective of enhancing trade. These include:

The Ministerial dialogue, which occurred last week, and there will be iterations in the future.
Province-State Cooperation: Our Chamber will facilitate a dialog between Canadian provinces and Indian states to explore collaboration. The first such session is expected next month and will bring together Ontario and Uttar Pradesh.
Small Business Cooperation: Our Chamber will also be collaborating with the SME Chamber of India to bring small businesses from Canada and India on a common platform to explore, investment possibilities and joint ventures collaborations.

Read more: In the News

ICCC President Pramod Goyal appointed on
SME Chamber of India's Advisory Board

Pramod Goyal, BS, MBA, PFP, President, Indo Canada Chamber of Commerce has been appointed as an Overseas Board Member to the SME Chamber of India National Advisory Board for a three-year-term (2020-2023). He has also been appointed as the Vice President of India-Canada SME Business Council, a new venture of the SME Chamber of India.

SME Chamber of India is a MoU Partner of Indo-Canada Chamber of Commerce. It is a Mumbai-based premier national Chamber that has been working for the development of SMEs from manufacturing, service sectors and allied industrial / business sectors for the last 26 years. The Chamber integrates SMEs, large corporates, MNCs, banks, investors, policy makers, Young & Women entrepreneurs and Start–Ups to establish and enhance contacts for better business growth and expansion.

ICCC Leaders on RBC Top 25
Canadian Immigrant Award list


*Shanthi Johnson*	*Kanwar Dhanjal*

Dr. Shanthi Johnson, ICCC's Advisory Board Member and Kanwar Dhanjal, former President, ICCC, are on the 2020 RBC Top 25 Canadian Immigrant Award list.

They join an illustrative list of ICCC leaders who have been similarly honoured with this recognition in the past years. The ICCC leaders who have won this award in the past are:

2010: Aditya Jha (Advisory Board Member 2019 onward)

2010: Asha Seth (Advisory Board Member 2010-11)

2012: Satish Thakkar (President, 2011-12)

2013: Gini Sethi (Board Member 2015-16)

2013: Steve Gupta (Advisory Board Member 2012-13)

2014: Naval Bajaj (President 2012-14)

2015: Bob Dhillon (Advisory Board Member 2013-16)

2017: Kuldeep Sharma (Advisory Board member 2017-18)

2018: Kundan Joshi (Board Member 2008-2011)

Read more: In the News

Appointment

Sonia Ojha
Senior Manager, Corporate Relations & Partnerships
Indo-Canada Chamber of Commerce

Sonia Ojha has joined Indo-Canada Chamber of Commerce as Senior Manager, Corporate Relations and Partnerships. An engaging and highly motivated professional with exceptional communication skills, Sonia has had an illustrious career in managing corporate relations. Prior to joining the ICCC, she was the Manager, Executive Corporate Relations, at the Mississauga Board of Trade for 12 years.

At the ICCC, Sonia will be responsible for business development, corporate membership augmentation, and developing and maintaining ICCC’s relations with Greater Toronto Area municipalities.

Insight

Financing India's Innovation

By Chandrajit Banerjee

India has embarked on a journey towards creating an enabling environment by putting in place an ecosystem that breeds innovation. The Government of India has launched several significant initiatives for propelling innovation, such as the Start-up India initiative, Accelerating Growth of New India’s Innovations (AGNIi), Atal Tinkering Labs, new intellectual property rights (IPR) policy, Smart City Mission, Uchchatar Avishkaar Yojana, etc. All these initiatives, coupled with phenomenal research and innovation from the institutions, industry, and society, are cementing India’s position as an innovation and knowledge hub. However, the financial dimension plays a critical role in fructifying these innovation efforts.

Various fiscal incentives are offered by the Government of India’s Department of Scientific and Industrial Research (DSIR) for R&D activities performed by institutions, academia, and industry for supporting, nurturing, and leading their innovations towards fruition. Technology Development Board (TDB), an important stakeholder in the Indian innovation ecosystem, provides soft loans and promotes the equity of Indian industry through the development and commercialization of indigenous technology and by adapting imported technology for domestic applications.

Biotechnology Industry Research Assistance Council (BIRAC) supports high-risk, early starters from academia, start-ups, or incubators that have exciting ideas in the nascent or planning stage. In India, there has been phenomenal growth of the private and foreign-owned private equity/venture capital (PE/VC) industry. The government has also played an important role in establishing and nurturing the industry segment by various fiscal concessions.

Read more: Insight

ICCC Leaders Talk Series: Hon. Mary Ng & Hon. Hardeep Singh Puri

Thu, 17 Sep 2020 14:00:00 GMT

ICCC Thursday Talks Webinar Series: Transfer Pricing

Thu, 10 Sep 2020 20:30:00 GMT

ICCC Thursday Talks - India's New Direction in Education Sector

Thu, 20 Aug 2020 16:00:00 GMT

ICCC Newsletter - August 2020

Sat, 15 Aug 2020 13:00:00 GMT

President's Message

Pramod Goyal

Jai Hind!

India and Indians across the world will be celebrating the 74th Independence Day later this week on 15 August. Among the significant developments in recent months that have spurred the India growth story and – have focused global attention on India include:

Foreign direct investment in the Indian information technology and communication (ITC) sector
Indian government’s push for more liberalisation in coal, minerals, defence production, civil aviation, power distribution, social infrastructure, space and atomic energy
The cooling of ties between the G7 countries and China, resulting in India coming under the radar of US and Europe-based tech and infrastructure companies
Indian government’s policy of self-reliance – Atmanirbhar Bharat – which focuses on encouraging and building a robust manufacturing base in India

Read full message: Jai Hind!

15 % off on 15 August

ICCC's Special Independence Day Offer

In the News

India is a constructive, dependable ally globally

By Harsh Vardhan Shringla

Harsh Vardhan Shringla is India's Foreign Secretary

Through the pandemic, India has not only
met its domestic requirements
but it has also taken
a range of steps for global good

Covid-19 continues to exact a heavy toll worldwide. In India too, positive cases are rising. However, our effective domestic response has led to a significant improvement in our recovery rate, which is now 68.78%. The case fatality rate at 2.01% remains one of the lowest in the world.

India’s response has not been confined to meeting our domestic requirements. We have been significantly engaged with the international community in providing the leadership that the global situation demanded. As a responsible stakeholder in global health supply chains, we ensured timely access to essential drugs and medical items for over 150 countries, while meeting our own domestic requirements. We reaffirmed our position as the first responder to humanitarian crises in the region by deploying medical teams to help Maldives, Mauritius, Comoros and Kuwait deal with the pandemic. India also dispatched naval assets to the Maldives, Mauritius, Madagascar, Comoros and Seychelles to deliver assistance. This demonstrated our strong commitment to the PM’s vision of Security and Growth for All in the Region (SAGAR).

ICCC Sponsor Program Invite: ICICI Bank Canada Webinar on wealth Creation

Wed, 05 Aug 2020 13:30:00 GMT

To register, click here: ICICI Bank Canada's Wealth Creation Webinar

ICCC Partner Organisation Program Announcement ICAI-Toronto: Karma & Destiny Demystified

Tue, 04 Aug 2020 13:00:00 GMT

Growth Series

KARMA AND DESTINY DEMYSTIFIED

What you will learn:

What is Karma and how do you connect it with life after death and the concept of heaven / Hell?
How do you link science (subconscious mind) with spirituality?
Can you change your destiny or achieve just about everything you want in life with your mind power? – The answer is not what you expect me to say, mind it!

About the Trainer

CA Surojit Ray

Websites: www.pristinects.com; www.karmacosmos.com YouTube Channel: Karma Cosmos Talks (30+ videos)

Surojit Ray is a Chartered Accountant, a rank holder in an all India level CA examination

After having spent a glorious career in the consulting space with MNCs / large consulting firms, in early 2012 Surojit started grooming professionals working in the corporate sector across the globe through his motivational, business skills and communication skills workshops

Surojit has more than 12,000 man hours of training experience backing him – So far, he has trained thousands of people all across the globe – he has also mentored, coached and counselled 2,500 plus clients one on one, many of them being corporate honchos and Bollywood / media industry celebrities

He is the founder of successful brands, Pristine Corporate Training Solutions and Karma Cosmos Counselling and Life Coaching Services

He has undertaken in depth self research of more than 20 years on varied subjects such as mind power, the Bhagavad Gita, the Quran, the Bible, the Vedas, the Puranas, Buddhism, Jainism, Sikhism, hypnotism, yoga, meditation & other alternate forms of healing, cult sciences, alternate sciences such as astrology, palmistry, vastu shastra, etc.

He is a trainer, Hypno-therapist, past life regressionist, motivational speaker, coach, mentor and counsellor

He is also an active youtuber with many videos posted on his channel “Karma Cosmos Talks”

ICCC members wishing to participate in this program may send their information to iccc@iccconline.org on or before 3:00 PM Thursday 06 August 2020.

ICCC New Advisory Board & Board Appointments

Fri, 31 Jul 2020 23:33:41 GMT

Indo-Canada Chamber of Commerce is pleased to announce the appointment of new members on its Board of Directors and the Advisory Board.

Dr. Shanthi Johnson, Professor & Dean, School of Public Health, University of Alberta, and Dr. Ashwin Joshi, Associate Professor Marketing and Dean of MBA Program, Schulich School of Business have been appointed to the Advisory Board for a two-year term starting August 2020.

Ripudaman Dhillon, a serial entrepreneur, an immigration consultant, and a community leader, and Vikas Sharma, an entrepreneur, philanthropist and avid builder have been appointed directors to the Board.

Pramod Goyal, President and Chair of the Board, while welcoming the new Advisory Board members said, "We have appointed extremely talented, dedicated and well known academicians to the Advisory Board. There presence will help us formulate effective public policy positions on mission critical issues."

About the newly appointed directors, the ICCC President said, "The entrepreneurial and philanthropic zeal of our new directors will help us make our outreach among members and stakeholders more effective."

Advisory Board appointments

Dr. Shanthi Johnson Professor & Dean School of Public Health University of Alberta
XXXXXXXXXXXXXXXXXXXX

Shanthi Johnson is a leader in the fields of health promotion and healthy aging. An internationally renowned researcher with multidisciplinary perspective, she has led significant research and has secured notable grants. She has delivered more than 300 presentations and is the author of over 150 peer reviewed articles and reports in prestigious journals such as the Lancet. Johnson has played a key leadership role as associate dean in the Faculty of Kinesiology and Health Studies at the University of Regina (2008–2014). She has served on various boards and was the President of Shastri Indo-Canadian Institute.

---------------

Dr. Ashwin Joshi Associate Professor, Marketing Director, MBA Program Schulich School of Business

Having completed his PhD in 1993, Ashwin began his academic career at the University of Winnipeg, followed by stints at St. Mary’s University and at the University of Calgary. He joined the faculty of the Schulich School of Business, York University in 1999. Since that time, Ashwin has taught across a wide range of programs within the School, including the BBA, Masters of Management, Master of Business Analytics, MBA, IMBA, EMBA, and the Phd Program. Relationship building is a key theme in his research and consulting practice.

See ICCC's Advisory Board

Board appointments

Ripudaman Singh Dhillon Founder & Co-owner ICCC Immigration Solutions Inc.

Ripudaman established ICC Canada Immigration Solutions Inc. to help new immigrants to easily settle into a better life in Canada. His entrepreneurial zeal led him to launch Guru restaurant in 2013 in Heartland. His affinity for public service inspired him to start Radio Dhun, Ontario’s first multicultural and multilingual radio station, and in 2017 he acquired Radio 1220AM that reaches audiences from Ottawa to St. Catherines. The International Fashion Festival Toronto he launched in 2014 promotes local designers. Ripudaman is an active philanthropist and was the Progressive Conservative Party of Ontario’s candidate in 2018 and a candidate of record for Brampton North.

---------------

Vikas Sharma Director Inxsys Corporation
xxxxxxxxxxxxxxxxxxxxxxxxxx

See ICCC's Board of Directors

Let's Travel - Ride the Winds of Change

Tue, 28 Jul 2020 20:30:00 GMT

ICCC Leaders Talk - Mayors Bonnie Crombie & Patrick Brown

Mon, 27 Jul 2020 20:30:00 GMT

India Emerges as the Most Favourable Destination Even in a Pandemic

Mon, 20 Jul 2020 19:57:09 GMT

Recent Investments (April-July 2020)

1. Google: $10 billion.

2. Walmart: $1.2 billion.

3. Foxconn (Apple Inc. Supplier): $1 billion.

4. Facebook: Investment Amount – The world’s largest social media company invests $5.7 billion in India’s Reliance Jio Platforms. It is Facebook’s biggest single investment in another company.

5. Qualcomm Ventures: $97 million.

6. Thomson: $142.8 million.

7. We Work Global: $100 million.

8. Hitachi: $15.9 million.

9. Kia Motors: $54 million.

10. Saudi Arabia’s PIF: $1.6 billion.

11. Hyundai Mobis: Investment –Hyundai Mobis expands its technical centre in India to strengthen software development of future vehicles. Through this expansion, the company aims to strengthen its R&D activities in India, particularly software development for autonomous vehicles.

12. SGS: Investment – SGS is Amazon’s trusted partner in quality packaging and is one of the world's leading inspection, verification, testing and certification company. The company opens its first accreditation testing lab in India along with labs in other parts of the world which are Cestas in Bordeaux, France and Appleton in the US.

13. Axtria: Investment –Axtria, a global leader in cloud software and data analytics for the life sciences commercial business, further expands its presence in India and opens its first delivery centre in south India. The big data analytics and cloud software giant is creating new employment opportunities to meet increasing market demand in India.

14. f5: Investment – f5, a company providing solutions to App based platforms, opens its first centre in India. After successful launches in Sydney, Australia, and Hong Kong, it opens its first centre in India.

15. Tsuzuki: Investment – Tsuzuki one of the leading Japanese electronics company, opens a brand-new plant at Reliance's Model Economic Township in Jhajjar, Haryana, India.

16. Samsung: Investment –The South Korean giant now has started manufacturing their entire range of 18 smartwatches in India. The company which has its largest smartphone manufacturing facility in Noida, has also launched a new 4G-enabled smartwatch that will be manufactured locally.

1.       https://indianexpress.com/article/explained/google-10-billion-usd-investment-in-india-explained-6505026/#:~:text=Tech%2Dgiant%20Google%20Monday%20announced,accelerate%20digitisation%E2%80%9D%20in%20the%20country.

2.       https://www.livemint.com/companies/news/walmart-leads-1-2-bn-investment-in-flipkart-at-near-25-billion-valuation-11594726660007.html

3.       https://www.timesnownews.com/business-economy/companies/article/foxconn-to-invest-1-billion-in-india-amid-apples-gradual-production-shift-from-china/619706#:~:text=Foxconn%20aims%20to%20invest%20in,%241%20billion%20in%20the%20country.

4.       https://techcrunch.com/2020/04/21/facebook-reliance-jio/

5.       https://techcrunch.com/2020/07/12/qualcomm-to-invest-97-million-in-indias-reliance-jio-platforms/

6.       https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/consumer-electronics/thomson-to-invest-rs-1000-cr-in-indian-market-over-next-5-years/76466223#:~:text=New%20Delhi%20%3A%20Television%20brand%20Thomson,company%20said%20in%20a%20statement.

7.       https://m.economictimes.com/small-biz/startups/newsbuzz/wework-global-to-invest-100-million-in-wework-india/articleshow/76218667.cms

8.       https://www.japantimes.co.jp/news/2020/07/13/business/corporate-business/hitachi-trains-india/#:~:text=NEW%20DELHI%20%E2%80%93%20Hitachi%20Ltd.',billion%20rupees%20(%2415.9%20million)

9.       https://www.thehindu.com/news/national/andhra-pradesh/kia-motors-india-to-invest-409-cr-in-expansion-project/article31699040.ece#:~:text=The%20KIA%20Motors%20India%20will,Mee%20Suchana'%20programme%20on%20Thursday.

10.   https://www.moneycontrol.com/news/business/jio-pif-deal-all-you-need-to-know-about-saudi-arabias-pif-the-latest-investor-in-jio-platforms-5423231.html

11.   https://www.prnewswire.com/news-releases/hyundai-mobis-expands-its-technical-center-in-hyderabad-india-to-strengthen-software-development-of-future-vehicles-301039782.html

12.   https://www.sgs.com/en/news/2020/05/sgs-expands-network-of-ista-labs-and-adds-ista-6-amazon-certification-testing

13.   https://insights.axtria.com/press-release-axtria-expands-to-south-india-with-a-new-bengaluru-delivery-center

14.   https://www.f5.com/company/news/press-releases/f5-expands-silverline-managed-services-offerings-in-india-with-new-point-of-presence-to-improve-application-security-for-customers

15.   https://www.livemint.com/companies/news/tsuzuki-to-set-up-plant-at-reliance-s-model-economic-township-in-jhajjar-11594546228950.html

16.   https://economictimes.indiatimes.com/tech/hardware/samsung-starts-manufacturing-smartwatches-in-india/articleshow/76872729.cms#:~:text=With%20Galaxy%20Watch%20Active2%204G,Singh%20said%20in%20a%20statement

How India has responded to the global pandemic, writes Harsh Vardhan Shringla

Whether in diplomacy or economy, whether in society or policymaking, we have been learning new lessons

ANALYSIS BY Harsh Vardhan Shringla- 8 July 2020

India has been proactive in assessing and dealing with the challenges caused by the pandemic. Saving lives has been our foremost priority

The Covid-19 pandemic has been the biggest crisis to hit humanity since World War II. It has already cost us over 500,000 deaths and countless livelihoods. The impact on the economy has been extremely sharp. International financial institutions have projected a contraction of nearly 5% in global output in 2020, and a cumulative loss to global Gross Domestic Product (GDP) of around $12 trillion.

How quickly the global economy recovers from what the International Monetary Fund has referred to as the “Great Lockdown” depends on how soon the pandemic is controlled. As India enters Unlock 2.0, our government’s efforts are geared towards further expansion of economic activity while not letting our guard down.

We have been proactive in assessing and dealing with the challenges caused by the pandemic. Saving lives has been our foremost priority. On this count, while our caseload continues to be high, we have fared comparatively better than many other countries with a low death rate and high recovery rate. This can be attributed to early steps to protect and insulate people. The government has channelled public resources to the health care sector for the development of hospitals, emergency rooms, the provision of equipment and supplies, and training health care professionals.

To deal with the economic challenges posed by the pandemic, Prime Minister (PM) Narendra Modi has enunciated a forward-looking economic approach under the rubric of the Aatmanirbhar Bharat Abhiyaan. The stimulus package of nearly Rs 20 lakh crore aims to both reinvigorate the economy and provide a social safety net to our vulnerable sections. The vision of Aatmanirbhar Bharat will stand on five pillars: Economy, infrastructure, our system, demography and demand.

The Abhiyaan is aimed at not only mitigating the socioeconomic impact of the pandemic in the short-term, but also instilling confidence in businesses and industries; making manufacturing globally competitive; integrating our agriculture and small farmers with global food supply chains; and embracing both investment and technology. The size of the economic relief and stimuli measures under the Abhiyaan is equivalent to 10% of India’s GDP.

Private sector participation has been given a big push in eight areas, including coal, minerals, defence production, civil aviation, power distribution, social infrastructure, space and atomic energy. The government is opening previously restricted sectors to greater private participation.

The call for Aatmnirbharta is not about reverting to economic isolationism. Its essential aim is to ensure India’s position as a key participant in global supply chains. Through building capacities at home, we also intend to contribute to mitigating disruptions in global markets. It is important to identify products and commodities where India has the ability or potential to expand domestic production and enhance global availability. True, we cannot make everything — but we can certainly make many, many more things than we currently are.

Global engagement and cooperation are critical to deal with the pandemic and ensure economic recovery. The PM took the lead in engaging world leaders for evolving a coordinated response. The PM also highlighted that during the pandemic, India had tried to live up to the teaching of seeing the world as one family, Vasudhaiva Kutumbkam, by sharing medicines with over 120 countries, forging a common response strategy with its neighbouring countries, and providing specific support to countries that sought it, while also protecting our own population.

The pandemic has generated a debate about the future of globalisation and the structural limitations of the international order. Virtual summits of global leaders have been useful platforms to highlight shortcomings of existing arrangements for global cooperation, and to share India’s vision of a new, people-centric template for multilateral cooperation. This formed the thrust of PM’s interventions in the virtual summits of the G-20 and Non-Aligned Movement to cite two examples.

The pandemic has disrupted diplomatic calendars causing almost all international meetings and summits to be cancelled. While face-to-face meetings with counterparts have traditionally been considered essential to resolve complicated issues or conduct difficult negotiations, diplomatic engagement cannot be allowed to stop in their absence. At the ministry of external affairs (MEA), we are attempting to find common ground between time-honoured diplomatic protocols and new-age Internet protocols. A crisis of this magnitude requires a coordinated global response, making sustained communication between countries all the more essential. The increase in tensions in different parts of the world, including on the Line of Actual Control between India and China, have only emphasised the criticality of continued communication. Diplomacy has to adapt to new situations.

Virtual diplomacy has been complemented by efforts to deliver medical aid and assistance. This has included the supply of essential medicines, test kits and protective gear worth around Rs 82 crores to 89 countries. Even in these difficult times, India has remained dependable and responsive in living up to its international commitments.

As health security and health supply chains move up on the priority lists of the world’s governments, India must prime itself to emerging opportunities. Indian diplomacy will support this process all the way. The MEA is actively engaged in promoting India as an alternative manufacturing and innovation destination.

There are lessons we are learning in all contexts and domains — whether in diplomacy or the economy, whether in policymaking or in society. I am confident that they will serve to strengthen our systems, our resolve and our country as we put our current challenges behind us.

Interactive Session with Hon. Prabmeet Sarkaria, Ontario's Minister of Small Business & Red Tape Reduction

Thu, 16 Jul 2020 20:30:00 GMT

ICCC July 2020 Newsletter

Mon, 13 Jul 2020 18:40:11 GMT

President's Message

Pramod Goyal

Return to Business as Usual?

Gradually, Ontario is moving towards reopening its economy. As a temporary, necessary measure, the Ontario government ordered businesses to help stop the spread of COVID-19 by closing non-essential workplaces starting March 17, 2020. Already, almost the entire province has moved to Phase 2 (of the three-phased reopening process announced in earlier). Then, on July 8, all regions of the province were allowed to move in to Phase 2. This will enable small businesses, especially those in retail and dependent upon customers, to restart operations after nearly four months.

The Indo-Canada Chamber of Commerce is organising an interactive session with Hon. Prabmeet Singh Sarkaria, Ontario’s Associate Minister of Small Business and Red Tape Reduction, 0n Thursday 16 July 2020 (see announcement below) to help our small business owner members to understand the implications of the reopening of the economy and the help that Ontario will offer to small business owners to overcome the teething troubles that they may face initially as they start opening their doors to customers.

It remains to be seen how many of these businesses will actually be able to restart and function as they did before the pandemic and the lockout hit them out of the blue. Moreover, even for the ones that will restart, it will be an uphill task to remain in business and continue. Their success will depend upon the support of customers. It is not without reason that city municipalities are emphasizing to the people to help their local retailers by buying local.

Read more: Insight

Money Talk

By Rakesh Vijay

Ahh, the arrival of spring. After a long, hard winter, it’s a welcomed breath of fresh air. And for investors, it’s an opportunity to think strategically about your portfolios for the coming year, now that the tax planning and RRSP season are behind us. What better way to start than to do a portfolio spring cleaning?

Update Your Investment Objectives

Review and make note of any substantial changes that have taken place in your life that may affect the asset allocation strategy of your investment portfolio. During discussions with your financial advisor, identify any important lifestyle changes to see how they affect your current investment planning objectives. Family and health considerations, career shifts or business plans that have changed, major household expenditures, children’s education expenses that are now on the horizon—these are all factors that may change your tolerance of investment risk or the balance you want between capital preservation and growth.

ICCC Thursday Talks - 11: Travel - A New Beginning

Thu, 25 Jun 2020 20:30:00 GMT

ICCC Thursday Talks-10: Covid-19 and Sports & Entertainment

Thu, 18 Jun 2020 20:30:00 GMT

ICCC June 2020 Newsletter

Thu, 11 Jun 2020 23:00:00 GMT

President's Message

Pramod Goyal

How may we help you?

Slowly, inexorably, we are on road to reopening the economy. The process of lifting the lockdown has commenced globally as the curve of the Covid-19 pandemic appears to have flattened in most parts of the world barring a few exceptions. But this is not a time for euphoric celebrations.

On the contrary, it would help everyone if we don’t lose sight of the fact that the antidote to the virus is nowhere in sight. It is estimated that a vaccine of some sort may take at least 18 months, if not more. The federal and provincial governments are aware of this, and the easing of the lockdown is only because the feared overwhelming of the healthcare system has been averted in most parts of Canada.

The lockdown of the economy was involuntary and a sledgehammer blow to many small businesses that led to irreversible changes in their fortunes. The reopening may not be as smooth as most small businesses may wish. This is because the new norms of physical distancing will entail substantial costs that many small businesses would not be able to afford.

Our Chamber, which is the representative of Indo-Canadian small businesses, appeals to the federal and provincial governments to support small businesses in reopening. City administrations should be distributing free personal protection equipment, masks, gloves, and other preventive paraphernalia to small business owners, especially those in the retail sector and those who have a direct interface with customers.

Read full message: How may we help you?

In the News

ICCC Joins Canada Business Resilience Network

Indo-Canada Chamber of Commerce (ICCC) has joined Canadian Chamber of Commerce's Canadian Business Resilience Network (CBRN). The Canadian Chamber established CBRN to bring together a vast network of over 450 chambers of commerce and boards of trade, as well as over 100 business and industry associations – including the Business Council of Canada, Canadian Federation of Independent Business, Retail Council of Canada, and Canadian Manufacturers and Exporters – to help the business community prepare, persevere and prosper as we collectively face the COVID-19 pandemic.

While welcoming ICCC to the CBRN, the Canadian Chamber said, “We are excited to welcome the Indo-Canada Chamber of Commerce to Canadian Business Resilience Network. Founded in 1977, the Indo-Canada Chamber of Commerce (ICCC) is a non-profit, non-partisan organization that works to foster individual initiative and to promote the business, professional and general well-being of Indo-Canadians.”

Small Business Relief Fund

Apply before 12 June 2020 8:00 PM ET

As part of its Canadian Business Resilience Network campaign, the Canadian Chamber of Commerce, through the generosity of Salesforce, will provide 62 small Canadian businesses from coast to coast to coast with $10,000 grants to help their recovery efforts during these unprecedented times.

Businesses can use the $10,000 grants to support their recovery efforts, including paying salaries, acquiring safety and personal protective equipment for staff, replenishing materials or paying for the measures required to adapt business models to the economic impacts of COVID-19.

Small business owners put everything they have into their businesses, and these grants will help give a little bit back.

For eligibility criteria and how to apply, click here: Small Business

Covid-19: Indian Initiatives

Atmanirbhar Bharat Abhiyan

The Government of India (GoI) has taken many initiatives to deal with the health and economic impact of the COVID-19 pandemic. India’s Prime Minister Narendra Modi, in his address to the nation, has highlighted the importance of turning the crisis into an opportunity and reaffirmed his government’s commitment to build a self-reliant India.

Since then, Finance Minister has announced a number of measures that have focused on incentivizing business and investment focused growth, enabling investment and trade reforms, and opening up India as an investment destination in minerals, defense, space, atomic energy, civil aviation, coal and agriculture sectors.

Many initiatives have also been announced on boosting private sector investments, MSMEs, enhancing ease of doing business, a new public sector enterprise policy, relief measures of RBI to enhance liquidity and ease credit and working capital costs of various sectors and incentivize state level reforms.

Here are two presentations “Atmanirbhar India - COVID-19 : Turning crisis into opportunity” & Atmanirbhar India – Sabka Saath, Sabka Vikas – COVID-19 Government of India support to all stakeholders. The first is aimed at informing the businesses and industry about the highlights of the initiatives, and the second highlights GoI package announced for the poor, support for rural economy, workers, and farmers.

Download presentations: Atmanirbhar Bharat

Analysing Covid-19 & the IT

Vijay Thomas, Vice President, ICCC & CEO Tangentia Inc, made a splash in the media in Goa, featuring in television and print interviews, discussing the impact of Covid-19 pandemic on the economy and the IT sector

Click on the images below to watch & read

Programs & Events

Thursday Talks - 10

Covid-19 & Sports & Entertainment

Watch live stream: www.facebook.com/ICCCONLINE

Thriving in the new normal: BDC's free webinar

The Business Development Bank of Canada (BDC) is organizing a free live webinar for entrepreneurs on June 15, on how to adapt your business to thrive in the new normal.

During this webinar, BDC's experts will present a step-by-step approach to manage risks, create contingency plans and equip your business with a strategic vision that takes into account the changed landscape.

The Canadian Chamber of Commerce will also share insights into its survey on Canadian business conditions as a result of the pandemic.

When: June 15 ― 12:00 pm (EDT)

Cost: Free

Webinar topics:

How economic conditions have changed for Canadian businesses

How to develop a clear strategic direction for your business

Tools to evaluate your current strategic situation and develop a way forward

Stories of entrepreneurs who have successfully transformed their companies

The health and well-being of Canada’s entrepreneurs is BDC's top priority. To learn how they can support you through this challenge, visit bdc.ca/coronavirus

Insight

World Bank Global Economic Prospects

Covid-19 to plunge world economy into worst recession since WWII

5.2% shrinkage of global economy in 2020 will represent the deepest recession since the Second World War, with the largest fraction of economies experiencing declines in per capita output since 1870

Read more: Insight

Thursday Talks - 9: Covid-19 & Insurance

Thu, 11 Jun 2020 20:30:00 GMT

Climate & Energy Conservation

Tue, 02 Jun 2020 20:30:00 GMT

Turning Setbacks into Comebacks: Shiv Khera

Fri, 29 May 2020 15:00:00 GMT

ICCC's Thursday Talks - 8: COVID-19 & Food Sector

Thu, 28 May 2020 18:59:46 GMT

ICCC's Knowledge on the Go series: Cannabis in Canada

Tue, 26 May 2020 20:30:44 GMT

ICCC Thursday Talks-7: COVID-19 & Travel Tourism Hospitality

Thu, 21 May 2020 20:30:00 GMT

ICCC Announcement

Sun, 17 May 2020 23:04:45 GMT

Indo Canada Chamber of Commerce (ICCC) has received complaints posted on social media, and over email, sent from unverified sources/ individuals, pertaining to one of its directors’ social media postings alleged to be against the Canadian laws.

ICCC strongly believes in compliance with all Canadian laws and values, and supports the diversity of Canadian society, and therefore, is taking this matter in the right earnest.

In cognizance of these complaints, ICCC while following its internal procedures has instituted an internal review that may include seeking legal advice. The outcome of the internal review will be announced here upon completion.

In the interim, the said director has volunteered to stay away from any official duties, and the ICCC Board has accepted the offer.

ICCC Thursday Talks - 6: COVID-19 & Banking

Thu, 14 May 2020 20:30:00 GMT

ICCC Knowledge on the Go - 1: Payment Gateways and Cybersecurity

Tue, 12 May 2020 20:30:00 GMT

ICCC Thursday Talks - 5: COVID-19 & Real Estate

Thu, 07 May 2020 20:30:00 GMT

Thursday Talks - 4: COVID-19 & Legal Contracts

Thu, 30 Apr 2020 20:30:00 GMT

ICCC Thursday Talks - 3: COVID-19 & International Students

Thu, 23 Apr 2020 20:30:00 GMT

ICCC's Thursday Talk - 2 COVID-19 & Small Business - Part 2

Fri, 17 Apr 2020 20:00:12 GMT

ICCC Newsletter - April 2020

Wed, 15 Apr 2020 13:00:00 GMT

President's Message

By Pramod Goyal

Impact of COVID-19

The COVID-19 pandemic has taken monstrous dimensions with the global lockdown nowhere near an end. Its economic costs are enormous. Globally, the International Monetary Fund calculates that countries have taken fiscal actions amounting to about $8 trillion to contain the pandemic and its damage to the economy.

Thursday Talks

Earlier this month, we launched the Thursday Talks Webinar Series. In the inaugural webinar we discussed the impact of COVID-19 on small business. The response was overwhelming, and we are holding a second session on the subject again this week.

ICCC’s Thursday Talks webinar series will become a platform to discuss the fallout of the pandemic on different sectors.

Awards Nomination

We have extended the deadline of the submission of nominations to the ICCC Annual Awards from 7 April to 7 May. I urge all of you to take advantage of this extension and nominate Indo-Canadian achievers for the nine open categories of ICCC’s Annual Awards.

Read the full message, click here: President's Message

In the News

ICCC Launches Small Business Assist Program

Spectacular start to ICCC’s Thursday Talks Webinar Series

Thu, 09 Apr 2020 20:55:48 GMT

Over-whelming response & enthusiastic participation

The panelists and speakers at the webinar on ‘COVID-19 and Small Business’ comprised experts in the field of finance, taxation and public policy and included

Pramod Goyal, President, ICCC, and President & CEO, Canadawide Financial Corporation Ltd.
Sanjay Kulkarni, Vice President, Finance, ICCC, and a seasoned operationally oriented Finance Executive
Sanjay Chadha, Senior Advisor to ICCC, and Partner, SAV Associates Chartered Professional Accountants
Dharma Jain, Past President, ICCC, and Principal, DP Jain Professional Corporation

All of them are financial advisors and planners for small businesses and corporations.

Vijay Thomas, Vice President, International Trade & IT, ICCC, moderated the discussion.

The first webinar was a part of a series of webinars called ‘ICCC Thursday Talks’ that have been planned during the next few weeks to continuously engage our members and stakeholders in these times of enforced social distancing.

The main takeaways from the webinar were:

Although unprecedented, this crisis will pass and won’t last forever
Our generation’s first experience of a pandemic
Compared to previous generation’s sacrifices for instance, in WW-II, our generation's crisis may pale in significance
Opportunity to tackle business issues that have been perennially on the backburner and take challenging decisions about restructuring
Government incentives are welcome but will definitely cause inflation, and higher taxes in the near-term
Incentives should only be used ethically

The participation in the webinar ‘COVID-19 and Small Business’ was so large that it choked the webinar platforms, and, unfortunately, some members and stakeholders who had signed up for the program couldn’t access it.

We are delighted to provide them the link to the recording of the program:

Download the recording from Google Drive

https://drive.google.com/open?id=1pmb4CHVmXgD0XvCj1qV3VIITp41YIpTZ

Download the WebEx player app

https://www.webex.com/video-recording.html

Open the downloaded Google Drive file on the WebEx player

You may download the presentation made during the webinar here: ICCC Thursday Talks – COVID-19 & Small Business

The occasion was also used to launch the ICCC BUSINESS ASSIST PROGRAM, whereby the Chamber will provide a pro bono business advisory service to any small business.

The ICCC BUSINESS ASSIST PROGRAM will initially be offering counseling focused in the following areas:

Availing Government benefits for small businesses
COVID-19 impacted issues falling under Financial Services domain
Business Accounting, Taxation, Statutory Filing Challenges
Impact and solutions within Information Technology Area
Assistance for Business restructuring

How:

Send an email to iccc@iccconline.org under Subject Heading – “Business Assist Program”
Provide your contact details including direct telephone number and specific area of counseling requested in.
Upon the receipt of your email request, the ICCC BUSINESS ASSIST core group will review and assign to the best available resource, following which the assigned Team member would then contact you to discuss your specific business challenge and offer counseling on a Pro-bono basis.

In view of the unexpectedly large participation, and because a few members could not participate as the webinar platforms were overloaded, we are holding a second edition of the Thursday Talks scheduled at 4:30 pm Thursday 16 April on the same subject – COVID-19 and Small Business, with a different panel of experts.

As the Canadian Government’s response to the pandemic is evolving, there will be enough new material to discuss the same broad topic in the second edition of our series. So, please register here:

Time: 4:30 pm - 6:00 pm

Date: Thursday 16 April 2020

Speakers and panelists

Pramod Goyal
Anandiya (Andy) Mittra
Vijay Thomas
Chetan Sehgal
Brian Cheng

COVID-19 economic stimulus: A nuanced approach required

Wed, 01 Apr 2020 21:18:20 GMT

COVID-19 economic stimulus

A nuanced approach required

One-size-fits-all solutions won’t alleviate small businesses’ woes caused by COVID-19

President's Message

Pramod Goyal

The unprecedented global impact of COVID-19 has not spared Canada. The number of people affected is rising everyday as is the number of fatalities.

The Indo-Canada Chamber of Commerce acknowledges the exemplary proactive work by Prime Minister Justin Trudeau and Ontario Premier Doug Ford in the last two weeks. Both the federal and provincial governments have acted swiftly, responsibly and with alacrity in mitigating the impact of the pandemic on all aspects of Canadian lives.

This is also true of other provinces across Canada.

It is equally heartening to note that both the federal and provincial governments have not been found wanting in lending a much-needed helping hand to business owners to alleviate the economic devastation that will be caused by pandemic.

Policy initiatives

Among the more significant announcements made both by the federal and provincial governments are:

Federal

75% wage subsidy available to businesses that show a 30% revenue decrease due to COVID-19. The subsidy will cover 75% of the first $58,700 of salary earned per employee. This amounts to weekly payments of up to $847. This applies to businesses regardless of size, not-for-profits, and charities. The subsidy will be back dated to March 15, 2020.

Launch of the new Canada Emergency Business Account which is expected to provide loans of up to $40,000 for small businesses, which will be interest-free for the first year and up to $10,000 of the principal could be waived for repayment.

The Canada Emergency Response Benefit that will provide a taxable benefit of up to $2,000 per month for up to four months for workers who are earning no income as a result of the COVID-19 pandemic.

Provincial

$17 billion in new economic measures for businesses to help stabilize the health care system, communities and the economy during the COVID-19 pandemic. These include:

* Increasing the Employer Health Tax (EHT) exemption for 2020 from $490,000 to $1 million. EHT is a deductible payroll tax in Ontario that provides partial funding for the Ontario Health Insurance Plan.

* Employers may defer Workplace Safety and Insurance Board (WSIB) payments for up to six months, and defer premium reporting and payments until August 31, 2020.

* Setting electricity prices for small business time-of-use customers at the lowest rate, 24 hours a day for 45 days and providing an additional $1.5 billion for electricity cost relief programs.

* Providing five months of interest and penalty relief for businesses to file and make payments for the majority of provincially administered taxes.

Our Chamber has complied all the major announcements made by the federal government and other agencies on a dedicated COVID-19 page. Click here to read more: COVID-19

Focus on small business

Small businesses are the engine of growth of the Canadian economy, employing approximately 70 percent of the Canadian working age population. It is pertinent to note in this context that small businesses can sustain themselves only when there is a regular cash flow. If cash flows stopped, many businesses would turn belly up rapidly because their expenses on rent, utilities, etc. would remain fixed.

According to two recent surveys, conducted by the Canadian Federation of Independent Business and the Save Small Business, 23 to 38 percent small business owners would not be able to pay their rent in April, and that percentage would jump to 70 percent in May. According to a 2016 JPMorgan study, 25 per cent of small businesses have less than two weeks cash on hand, and an additional 50 per cent have less than a month.

While there is no denying that the measures announced by the federal and provincial governments are welcome and laudatory, it is necessary to point out that a more nuanced approach is required to deal with the pandemic’s impact. Under the circumstances that we face, it may not be possible to have a one-size-fits-all approach to dealing with the economic impact of COVID-19, especially with regard to small businesses.

This is because the impact of the pandemic on a small business will be determined by the following factors:

Geography: A small business in Toronto will be impacted differently than the impact on a small business in Chatham Kent.

# of employees: A small business that employs 10 employees will be impacted differently than the one that employs one person.

Revenue: A small business that has a turnover of $5,000 per day will be impacted differently than the one that has a revenue of $500 a day.

Already, small business associations across Canada are pointing out that the $40,000 loan to small businesses is placing the burden of economic revival squarely on small business owners who would be required to payback the loan.

It is being pointed out that “Businesses have closed to protect people in a public-health crisis. The burden should be shared as equitably as possible – banks, landlords, insurance companies and governments should all contribute. Loans, no matter how favourable, place the burden entirely on small-business owners.”

Duration of pandemic

There will be other factors, too, and therefore a nuanced approach is required to alleviate the expected economic woes. Also, it is unclear how sustainable these measures are going to be. It is necessary to factor into the policy equation the period for which these measures are being delivered by the governments to businesses.

From all the present indications and projections, the pandemic isn’t going away in a hurry. Dr. Howard Njoo, Canada’s deputy chief public health officer, has declared that “if you look at the science and the evidence … it’s not days and weeks, but certainly months that this pandemic will endure.”

This uncertainty over the prevalence of the pandemic is a major cause of concern for the Canadian economy. Under normal circumstances, the federal government would have presented its annual budget this week. According to some estimates, the deficit would have been in the range of $20 - $30 billion, and the government would have attempted to address economic imperatives.

The COVID-19 pandemic, and the government spending to provide a stimulus to the economy will cost $200 billion, and that is not counting the government assistance needed to revive hospitality, airlines and other sectors.

While acknowledging the significant work that has already been done to help small businesses, the Indo-Canada Chamber of Commerce is seeking a more nuanced policy directions from the federal and provincial governments that can make life easier for the small business owner.

ICCC Newsletter - March 2020

Wed, 18 Mar 2020 13:45:51 GMT

President's Message:

Pramod Goyal

COVID-19

We are in the middle of a full-blown health crises of global proportions. The exponential rise in the number of human beings suffering from COVID-19 is alarming because it is unprecedented. In three months between December and March, hundreds of thousands of people across the world have been detected with the symptoms of the infection, and over 6,000 people have fallen prey to the disease. The number of fatalities may increase.

ICCC Committees

I am delighted to inform our members, stakeholders and sponsors that after a protracted exercise, the board of directors of the chamber have reconstituted the committees. For the first time in recent history of our organisation, we have completely overhauled the committees, after understanding their role in making the chamber more representative, democratic. The exercise in the reconstitution of the committees took cognizance of the chamber’s mandate and the future direction it needs to take.

Read the full message, click here: President's Message

Programs & Events

In view of the COVID-19 fallout, ICCC will not hold any public events for four to six weeks

Past Events

A Budget to Propel India's Growth

Chetan Sehgal, Vandana Kumar, Arvind Vijh

Indo-Canada Chamber of Commerce (ICCC) in collaboration with the Consulate General of India organised a seminar and a panel discussion on the Indian budget on Tuesday 26 February 2020.

Road Map to a New India: Indian Budget 2020-21 drew unprecedented enthusiastic response from the members of the ICCC and invited guests.

In her keynote address, Apoorva Srivastava, the Consul General of India in Toronto, emphasised the people-first approach of the Indian budget. “Infrastructure, social welfare and agriculture are the main focus of the budget,” she said.

The presenters included Vandana Kumar, Joint secretary, Government of India; Arvind Vijh, Director, Deloitte, Canada; Chetan Sehgal, Partner, BDO Canada.

Read more, click here: Budget for Growth

Celebrating Women's Achievements

Minister Mary Ng, Pramod Goyal, Minister Anita Anand

Over 200 women and men participated enthusiastically in Indo-Canada Chamber of Commerce (ICCC)’s eighth annual International Women’s Day on 6 March 2020 at Pearson Convention Centre.

The program comprised insightful address by Hon. Mary Ng, Canada’s Minister of Small Business, Export Promotion and International Development; Hon. Anita Anand, Canada’s Minister of Public Service and Procurement; and Alexis Black, Intellectual Property Officer, Canadian Intellectual Property Office.

In her speech, Minister Ng said, “Canada’s inclusive trade policies help women-owned businesses grow in the global marketplace and ensure that all Canadians—including women—benefit from our trade agreements.”

In her speech, Minister Anand said, “Canada’s efforts to empower women and girls are strengthened by our country’s first-ever Feminist International Assistance Policy, along with our updated National Action Plan on Women, Peace and Security.”

Apoorva Srivastava, Consul General of India, emphasized the support of family, peers and friends as being crucial to a woman’s success. She said institutional mechanism needs to be developed that automatically supports women empowerment.

A riveting panel discussion involving panelists Hon. Jill Dunlop, Ontario’s Associate Minister for Children and Women’s Issues; Apoorva Srivastava, Consul General of India in Toronto; Maria May; Dean of Faculty of Applied Arts and Health Sciences followed the speeches. Aruna Anand of ICCC’s Women Entrepreneur and Professional Committee introduced the panelists.

Panelists: Apoorva Srivastava, Hon. Jill Dunlop, Maria May

Read more: In the News

Meeting with Chris Dudley

Director, Entrepreneurship, Seneca College

Prashant Srivastava, Director, South Asia, Seneca, Chris Dudley, Director, Entrepreneurship, Seneca, and Pramod Goyal

Pramod Goyal met Chris Dudley, Director, HELIX, Seneca’s entrepreneurial incubator for health and lifestyle innovation along with Prashant Srivastava, Director, South Asia, Seneca and Mayank Bhatt, Executive Director, ICCC.

They discussed the possible collaboration between Seneca’s entrepreneurial program and the ICCC to enable members of the Chamber to utilise the resources available at Seneca.

HELIX is dedicated to developing the entrepreneurial mindset. It does this by providing knowledge, mentorship, sessions, workspace, access to like-minded peer community, and experiential opportunities.

Read more: In the News

Court rejects Connexions Telecom Ltd.'s claim against Pramod Goyal

The Small Claims Court, Brampton, rejected the claim by Connexions Telecom Ltd. filed against Pramod Goyal after the Annual General Meeting of the ICCC held in September 2019. The claim was dismissed by the judge with cost.

Postponements

India Mission 2020

India Mission 2020 has been postponed because of the Government of India travel precautions in view of COVID-19

TRUCKWORLD is rescheduled to 4 - 6 June 2020

SIAL Canada is rescheduled to 5 - 7 August 2020

CAMSC is rescheduled to 22 - 23 July 2020

ICCC's International Women's Day 2020 Program

Fri, 06 Mar 2020 23:00:00 GMT

ICCC celebrates International Women’s Day

Over 200 women and men participated enthusiastically in Indo-Canada Chamber of Commerce (ICCC)’s eighth annual International Women’s Day on 6 March 2020 at Pearson Convention Centre.

Hon. Mary Ng

Hon. Anita Anand

Panelists: Apoorva Srivastava, Jill Dunlop, Maria May

The panelists discussed issues faced everyday by working women. These included questions pertaining to hurdle that women face in accomplishing their professional goals; the criticality support of the family to career success; support of their peers, both men and women; and the role of culture in promoting women empowerment.

A musical interlude of Hindustani classical music by the renowned Ramneek Singh enlivened the evening. The program was mesmerised by the iconic former mayor of Mississauga Hazel McCallion supercharged the evening with excitement and expectations.

Hazel McCallion

Alexis Black

In his welcome address, Pramod Goyal, President, Indo-Canada Chamber of Commerce, said the celebration of the international women’s day is part of an evolutionary process of the 43-year-old Chamber that began with the formation of the Women Entrepreneurs and Professional Committee in 2012.

He further added, “Indo-Canadian women have started to make a mark in all domains of career and public life.” It is but natural that as the largest Indo-Canadian business organisation, the ICCC should recognise this phenomenon and give a voice to Indo-Canadian women. Our International Women’s Day program has grown steadily and has now become an important fixture on the diaspora’s annual calendar.

The evening was replete with gift bags and raffle draws, courtesy TELUS Business, Seneca College, Ozone Signature, RBC Insurance, and Warraich Meats.

A budget to propel India’s growth

Tue, 25 Feb 2020 23:00:00 GMT

ICCC & CGI organise a discussion on Indian budget 2020-21

ICCC Board, VIPs, and Panelists

Indo-Canada Chamber of Commerce (ICCC) in collaboration with the Consulate General of India organised a seminar and a panel discussion on the Indian budget on Tuesday 26 February 2020.

Road Map to a New India: Indian Budget 2020-21 drew unprecedented enthusiastic response from the members of the ICCC and invited guests.

The presenters included Vandana Kumar, Joint secretary, Government of India; Arvind Vijh, Director, Deloitte, Canada; Chetan Sehgal, Partner, BDO Canada.

In her presentation, Vandana Kumar said the Indian government is working 24X7 to ensure that the momentum that the Indian economy has acquired in the last five years, continues and the recent slowdown is effectively tackled.

Arvind Vijh explained in his presentation in details the new provisions introduced in the budget that are aimed at both easing regulations and spurring investments in India, especially in the infrastructure sector, where a whopping US$1.4 trillion will be invested in infrastructure in the next five years, and an allocation of US$14.09 billion for transport infrastructure in 2020-21.

Chetan Sehgal, Partner, BDO Canada, in his presentation, spoke about the new provisions that have seemingly affected the Non-Resident Indian community. These pertain to by changing the benchmark from 182 days to 120 days. Consequently, anyone who stays in the country for 120 days or more in a year will now be deemed as a resident liable to pay tax, and the budget proposes that an Indian citizen who is not liable to tax anywhere would be deemed to be a resident of India, and therefore would have to pay tax in India.

Earlier, Pramod Goyal, President, Indo-Canada Chamber of Commerce, laid down the long-term vision of the Chamber’s new leadership. “Our collective effort is to give our members and our stakeholders meaningful and tangible opportunities to directly benefit from our initiatives,” he said.

Vijay Thomas, Vice President, International Trade and ITC, ICCC introduced the evening’s program and said the unprecedented interest in the event was a clear indication that the ICCC would turn it into an annual event; and Surinder Sharma, Vice President, Membership Engagement; closed the program by thanking everyone.

A full house

Among the prominent participants were Sandeep Goel, the CEO of ICICI Bank; Praveen Verma, Retired Ambassador; Sudhir Anand, President of Indo-Canadian Harmony Forum, and Ashraf Ali, President of IIT-Alumni Canada.

ICCC Newsletter - February 2020

Mon, 24 Feb 2020 14:31:07 GMT

ICCC Newsletter - February 2020

President's Message

Pramod Goyal

Most of our members are first generation immigrants from India, and they have all personally experienced the thrill of the budget announcements. As the Indian economy grows, the budget is no longer the only engine driving India’s growth; there are many means being deployed to streamline the system and provide an impetus to growth.

As the Indian government continues to undertake measures to boost the economy and revive it, your Chamber is bringing for you a live wire panel discussion on the Indian Budget 2020-21 in collaboration with the Consulate General of India.

After a brief lull in programming, your Chamber is gearing up for many engaging programs in the next few weeks. In March 2020, for our eighth annual International Women’s Day conference, we will have many prominent women as speakers. Later in March 2020, your Chamber will be leading its annual India Mission 2020 from 20 March to 1 April 2020. This multi sector, multi city trade mission will go to Chandigarh, Delhi, Lucknow and Ahmedabad. The following are the focus sectors: Healthcare & Nutrition, Information Technology, Education & Immigration, Travel & Hospitality.

You will find details of these events in this month’s newsletter.

Read the full message, click here: President

Programs & Events

Road Map for a New India: India's Budget 2020-21

6:00 PM │ Tuesday 25 February 2020 │924 The East Mall Toronto M9B 6K1

Keynote address: Apoorva Srivastava, Consul General of India in Toronto

Panelists:

Arvind Vijh, Director, India Service Group and International Programs, Deloitte

Chetan Sehgal, Partner at BDO & Country Coordinating Partner - India

Vandana Kumar, Joint Secretary in Government of India

International Women's Day

6:00 PM │ Friday 6 March 2020 │Pearson Convention Centre │ 2638 Steeles Ave E, Brampton, ON L6T 4L7│

Panel of speakers:

Chief Guest Hon. Mary Ng, Canada’s Minister for Small Business, Export Promotion and International Trade;

Keynote Speaker Hon. Anita Anand, Canada’s Minister of Public Services and Procurement;

Guest of Honour Hon. Jill Dunlop, Ontario’s Associate Minister of Children and Women's Issues;

Guest of Honour Apoorva Srivastava, Consul General of India in Toronto;

Maria May, Dean of Faculty of Applied Arts and Health Sciences, Seneca College;

Alexis Black, Intellectual Property Officer, Canadian Intellectual Property Office.

Business Reception for Indian delegation to PDAC

6:00 pm 2 March 2020 OITC 250 Yonge Street Toronto M5B 2L7

This is an invitation-only event.

ICCC's Corporate Members, click here to register: PDAC 2020

India Mission 2020

20 March – 1 April 2020

Chandigarh, New Delhi, Lucknow, Ahmedabad

Indo-Canada Chamber of Commerce (ICCC) will lead its annual India Mission between 20 March and 1 April 2020.

The trade mission will primarily focus on Healthcare & Nutrition, Information Technology, Education & Immigration, Travel & Hospitality and the Services sector, and will visit Chandigarh, New Delhi, Lucknow, Ahmedabad.

Delegates will engage in B2B meetings, seminars, conferences, expo and focused group meetings based on their sectors. ICCC will be working with its India office and MoU partners in India to finalize meetings. The mission delegates succeed in getting new business connections which will pave the way for their cooperation with Indian partners and possibly open opportunities for collaboration.

Our past missions have witnessed participation from the decision makers from Canadian and Indian governments at the federal, provincial and city levels. During the last decade, we have successfully forged linkages with our partners – chambers of commerce, industry associations and trade promotion agencies – from across India.

These partners in success have ensured that every India Mission has resulted in tie-ups between Canadian and Indian small businesses, leading to collaborations. In addition, the Canadian diplomatic corps, and especially the Trade Commissioners’ Services, have taken a keen interest in ensuring that our missions are a success.

We invite you to participate in the Mission.

Contact ICCC for more information: iccc@iccconline.org /
(416) 224-0090.

In the News

ICCC ties-up with prominent trade shows

TRUCKWORLD 2020 │SIAL Canada │Law Business Research

The board of directors of Indo-Canada Chamber of Commerce take pride in announcing collaborations with TRUCKWORLD 2020, SIAL Canada 2020, and Law Business Research (LBR).

"We are delighted to announce these tie-ups with three of the most prominent trade shows - two in Canada and one in India," said Pramod Goyal, President, Indo-Canada Chamber of Commerce. "These are top-of-the-line trade shows that attract sector specialists as well as common folk as participants," he added.

"I especially wish to acknowledge the contribution of B.K.Sethi, the former director of the ICCC and at present a Senior Adviser to the Chamber, for his singular efforts in enabling the tie-ups with TRUCKWORLD and Sial Canada."

Mr. Goyal opined that these shows will provide an opportunity to ICCC's members, stakeholders and constituents to benefit from their content as well as make the right connections."

To read more, click here: In the News

ICCC Partners in success pledge support

The board of directors are delighted to inform the members, stakeholders and sponsors of the Indo-Canada Chamber of Commerce (ICCC) of the continued support of three of its sector sponsors – Seneca, TELUS and Raymond James Ltd.

"As the ICCC looks to consolidate its position as the leading bilateral Chamber in the Canada - India space, it is encouraging to see that our traditional supporters continue to repose faith in our ability to deliver. We look forward to a mutually beneficial partnership with these three sector sponsors," said Pramod Goyal, President, ICCC.

All the three sponsors will continue to support ICCC in 2020.

Message from ICCC's Partner in Success - CAMSC

CAMSC Diversity Procurement Fair

Accelerate your business to new heights by attending CAMSC's 16th annual Diversity Procurement Fair that provides networking, learning and business building platforms between global corporations and Aboriginal and minority owned businesses. Join corporate leaders including GM, BMO, EY, PepsiCo, TELUS...and many more! They are looking for suppliers in Automotive, Financial, Food & Beverage, Construction, Energy and Pharmaceutical industries.

April 15 (2:30-8pm) • Apr 16 (7:30am-4pm) Beanfield Centre - Networking Reception; Supplier Bootcamp; Workshops; Meeting Marketplace Appointments

CAMSC is offering ICCC Members a discounted rate:

$325 per registration (until Feb 28th).

ICCC members will enjoy the same rate as CAMSC’s certified suppliers. To learn more please click here. CAMSC

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

ICCC ties-up with prominent trade shows

Thu, 06 Feb 2020 14:50:39 GMT

ICCC ties-up with prominent trade shows

TRUCKWORLD 2020 │Law Business Research

The board of directors of Indo-Canada Chamber of Commerce take pride in announcing collaborations with TRUCKWORLD 2020 and Law Business Research (LBR).

"We are delighted to announce these tie-ups with two of the most prominent trade shows - one in Canada and one in India," said Pramod Goyal, President, Indo-Canada Chamber of Commerce. "These are top-of-the-line trade shows that attract sector specialists as well as common folk as participants," he added.

Mr. Goyal opined that these shows will provide an opportunity to ICCC's members, stakeholders and constituents to benefit from their content as well as make the right connections."

TRUCKWORLD 2020 is the meeting place for Canada’s trucking industry with Everything Trucking: equipment, innovations, connections, solutions. Featuring over 500 exhibitors, new products showcase, VIP breakfast, job fair, Highway Star of the Year, and hat day. Truck World takes place at the International Centre in Mississauga, ON between 16 and 18 April 2020.

ICCC has been allotted a booth (# 3504) at this prestigious and well-attended trucking industry show. Your Chamber has forged this linkage with TRUCKWORLD to serve the Indo-Canadian community in the trucking sector.

Please contact the Chamber at iccc@iccconline.org to get a complimentary invitation to TRUCKWORLD 2020.

UK-based Law Business Research is a leading provider of business information, legal analysis tools and networking for the global legal markets. With a team of over 360 dedicated professionals around the world, LBR creates high-quality subscription products, intuitive platforms, vital legal analysis tools and must-attend events for its international client base. By combining news and analysis with innovative technology, we help our users to better serve their clients.

ICCC is collaborating with LBR to promote three events in India.

Lexology Live

Brand Strategy India

IPBC India

Please contact the Chamber at iccc@iccconline.org to get a complimentary invitation to Lexology Live, Brand Strategy India and IPBC India.

Lexology Live: Mumbai will bring together senior in-house counsel to discuss how to manage legal and compliance risks in an uncertain global business environment. Speakers will also explore how corporate scandals, rapidly changing technologies and geo-political tensions are changing the current corporate landscape.

For more information, please visit the event website.

Brand Strategy India: will deliver practical, actionable takeaways for professionals tasked with protecting the integrity and maximising the value of their brands in India and overseas. This exclusive forum draws on the unique perspectives from both domestic and international brand owners and government agency representatives at the forefront of the industry.

For more information, please visit the event website.

IPBC India’s dedicated one-day programme will tackle IP value creation and strategic IP management from the perspective of both international and domestic IP-owning companies operating in India. From pharmaceuticals, software, policies and IP protection, this forum will explore the latest developments in the IP fast-growing local market and will provide rights holders with the strategic knowledge they need to maximise their business success.

For more information, please visit the event website.

RBC Insurance is ICCC's Affinity Partner

Mon, 03 Feb 2020 15:18:07 GMT

Indo-Canada Chamber of Commerce is proud to announce RBC Insurance as its new Affinity Partner.

RBC Insurance will offer special rates for car and home insurance to ICCC members

Be sure to mention you're from the Indo-Canada Chamber of Commerce to receive your group savings.

Talk to RBC Insurance today, call

1-800 ROYAL 2-9 or visit

rbcinsurance.com/quote/iccc

Products distributed by RBC Insurance Agency Ltd., and underwritten by Aviva General Insurance Company.

®™Trademark(s) of Roya Bank of Canada. Used under licence. Home and Auto Insurance products are only available to residents of Canada. As a result of government-run auto insurance plan, RBC Insurance does not offer auto insurance in Manitoba, Saskatchewan and British Columbia. Discounted rates on auto insurance are not available in some Atlantic Provinces. The insurance being sold is individual insurance but it is offered at preferred rates, where it is allowed by law. All other trademarks are the property of their respective owners.

ICCC's Partners in Success pledge support

Fri, 17 Jan 2020 15:51:03 GMT

All the three sponsors will continue to support ICCC in 2020.

Seneca College of Applied Arts and Technology is a leader in providing higher education and skills development to international and local students, Seneca College has been a Sector Sponsor since 2018. Together, ICCC and Seneca have worked on several pathbreaking projects in the spheres of higher learning and skills development. In 2020, ICCC and Seneca will offer joint programs in Canada and in India. To know more about Seneca, click here: Seneca College

TELUS Business is a has been ICCC’s Sector Sponsor since 2018. It has gifted several cellphones, plans and accessories to ICCC members during the length of its sponsorship. TELUS is known for helping improve lives and communities across Canada by ensuring equal access to technology, promoting its responsible use, and putting it to work for good. TELUS offers special festive discounts to ICCC members four times in a year. To avail of the ongoing discount, click here: TELUS offer

Raymond James is one of North America's leading independent full-service investment dealers with an extensive presence across Canada and the United States. Raymond James Ltd. is the Canadian subsidiary of Raymond James Financial, Inc. It has been a Sector Sponsor of ICCC since 2019. From January 2020, Rakesh Vijay of Raymond James will provide advise on investment / wealth management / taxation and / or allied subject every quarter in ICCC’s Newsletter. To know more about Raymond James, click here: Raymond James.

ICCC Newsletter - January 2020

Thu, 16 Jan 2020 18:47:29 GMT

Newsletter - January 2020

President's Message

By Pramod Goyal

A New Year and a new decade has dawned. A decade that will witness major transformations. We are now in 2020, the year that the late President of India APJ Abdul Kalam visualized India would be a developed country. The Karmayogi had observed that “A developed India should be able to take care of its strategic interests through its internal strength and its ability to adjust itself to the new realities. For this it will need the strength of its healthy, educated and prosperous people, the strength of its economy, as well as strength to protect its strategic interests of the day and in the long term.”

As India celebrates its 70th Republic Day, it has achieved President Kalam’s dream “not wholly or in full measure, but very substantially.” Under the leadership of Prime Minister Narendra Modi, India is regaining its confidence in its abilities to fulfill its dream, achieve its aspirations and overcome obstacles. This is because under the Modi government, India has adopted the approach of “Reform with intent, perform with integrity, transform with intensity.”

On this occasion, it is time for Indians living abroad to introspect and think about how they can contribute to India’s growth story. What role can they play in meeting India’s developmental needs? This is not an abstract notion. I believe that all of us, especially first-generation immigrants, owe our success to India. We may have earned our spurs in foreign lands, but the roots of our success are in India.

To read more, click here: President's Message

Insight

World Economic League Table - 2020

Centre for Economics and Business Research Ltd, London, UK. Cebr is an independent economics and business research consultancy established in 1992

The 11th issue of Cebr’s World Economic League Table, WELT2020, is the scorecard for economic activity for the current year and compare countries’ dollar GDP both for the current year and for the fifteen years ahead. Essentially WELT tracks the pace of globalisation as countries in the emerging markets catch up with and overtake the traditionally more advanced economies.

To read the report’s predictions for Canada and India, click here: WELT2020

Programs & Events

ICCC in India

ICCC is TPCI’s Global Alliance Partner
ICCC facilitates Hon. Sonia Sidhu’s Mumbai meetings

To read more, click here: Programs and Events

In the News

ICCC signs MoU with ICAI
Indian Consulate's Reception for Lok Sabha Speaker

To read more, click here: In the News

Money Talk

By Rakesh Vijay

Indo-Canada Chamber of Commerce introduces a quarterly column on investment / taxation / wealth management and / or allied subject by Rakesh Vijay of Raymond James.

® Are You Ready for Some Advice?
® Are you paralyzed by information overload?
® Are you unclear about the strategic direction of you investment portfolio?
® Do you feel you don’t have the time to invest wisely?
® Is investing a regular source of worry?

Click here for answers to these questions: Money Talk

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

PTC Punjabi Canada is ICCC's Media Partner

Wed, 15 Jan 2020 15:08:27 GMT

Indo-Canada Chamber of Commerce is proud to announce PTC PUNJABI CANADA as its Media Partner for 2019-20.

PTC PUNJABI CANADA television channel is a part of the PTC NETWORK, which is one of the leading television networks that began in 2008 in India and has since acquired a global footprint, with a significant presence in India, the United States of America, Canada and the United Kingdom.

PTC PUNJABI CANADA is a combination of PTC Punjabi, PTC News and PTC Chak De, the leading Punjabi Entertainment, Punjabi News and Punjabi Music channels under the umbrella of G Next Media. The channels are commitment bound to the overall objective of being part of the daily lives of millions of Punjabi viewers through its various programming initiatives.

PTC NETWORK is the biggest and the best Punjabi television network in the World, commanding 80 percent of the market share in terms of viewership and revenue.

PTC NETWORK is the biggest Punjabi channel worldwide and in North America as well, catering to 120000 eyeballs just in Canada, a large chunk of its Canadian viewership is from Brampton, which has a huge Punjabi population.

PTC PUNJABI CANADA produces a lot of Canadian content like North America Bulletin, In Focus, Canada De Super Chef, The Trucking Show etc, which are extremely popular.

PTC PUNJABI CANADA is available on all platforms like Rogers, Bell, Bell Fibe, Shaw, Telus , dish and IPTV.

The USP and the soul of the channel remains the daily telecast of GURBANI KIRTAN from the GOLDEN TEMPLE for which the company has 11 year exclusive rights.

ICCC Newsletter - December 2019

Tue, 17 Dec 2019 19:55:43 GMT

President's Message

ICCC team’s successful India visit

18 to 22 November 2019

ICCC President & Directors accompany Ontario's Minister Vic Fedeli to
New Delhi and Mumbai

Ontario and India have traditionally strong trading links. the two-way trade between the province of Ontario and India is worth C$3.2 billion. Nine per cent of Canadian exports to India are from Ontario.

The province has Trade and Investment Offices in New Delhi and Mumbai to attract and facilitate investment deals, help small- and medium-sized enterprises expand their export capacity and promote the province’s open for business mandate.

In view of the growing economic reliance, frequent visits by Ontario Ministers to India are becoming a norm rather than an exception that they were a few years ago. Last month, Hon. Vic Fedeli, Ontario’s Minister of Economic Development, Job Creation and Trade went to India between 18 and 22 November 2019.

Hon. Nina Tangri, Parliamentary Assistant to Ontario’s Minister of Economic Development, Job Creation and Trade, and Hon. Deepak Anand, Member of Provincial Parliament from Malton-Mississauga accompanied Minister Fedeli. Both Hon. Tangri and Hon. Anand are Indo-Canadians who have a long history of association with the community and with our Chamber.

The Indo-Canada Chamber of Commerce was the only stakeholder organisation working in the Canada – India bilateral trade promotion space to be invited to join the Ministerial delegation.

It was an honour and a privilege to accompany the Minister to Delhi and Mumbai. My colleagues on the board Vijay Thomas, VP & Director, International Trade and IT; Arvind Bhardwaj, VP & Director, Small & Medium Enterprises; and Virender Rathi, who subsequently joined the board, accompanied me on the trip.

We were a witness to a historic business trip by Minister Fedeli, and I have no hesitation in stating that the visit will lead to more intense cooperation between Ontario and India.

To read more, click here: President's Message

Update on Special General Meet

An overwhelming 84 percent of members of Indo-Canada Chamber of Commerce who voted at the Special General Body meeting on 03 December approved of the appointment of the following directors.

Pramod Goyal
Tauseef Sheikh
Sanjay Kulkarni
Surinder Sharma
Vijay Thomas
Arvind Bhardwaj
Don Patel
Virender Rathi

To read the profiles of the board members, click here: Directors

Note:

In view of her personal and business preoccupations at present, Mini Khurana has expressed her inability to take on the responsibility of a director at Indo-Canada Chamber of Commerce and has since withdrawn her name from the newly-elected board.

Program and Events

Canadian Trade Commissioner Service

Wealth Management & Tax Strategies

Canadian Trade Commissioner Service

Sue Rauth, Deputy Director and Amit Ranjan, Trade Commissioner, both from the Regional Office of the Trade Commissioner Service addressed members and guests of Indo-Canada Chamber of Commerce (ICCC) on Thursday 21 November 2019 on the services offered by the Canadian Trade Commissioner Service to Canadian businesses.

Their presentation, entitled Programs and Services of the Canadian Trade Commissioner Service (TCS), provided a perspective for Canadian entrepreneurs to explore the global markets with the assistance of the Canadian federal government.

The four core services that TCS provide are:

Prepare for International Markets
Assessing Market Potential
Finding Qualified Contacts
Resolving Problems

These services are provided at no cost to qualified clients. Clients selection criteria is simple and involves Canadian companies who have developed an export plan; have selected and researched their target market. These entities should be incorporated and have an existing track record of sales in Canada.

They also spoke about the CanExport – SME scheme and its assistance to small businesses to explore global markets. The scheme funds the following activities:

Business travel,
Market research,
Participation at trade events and fairs,
Adaptation and translation of marketing tools,
Intellectual property protection, certification, and adaptation of contracts,
Expert advice on business, legal or tax matters

The presentation was well received by the members and guests of the ICCC.

Wealth Management & Tax Strategies

Rakesh Vijay, Senior Wealth Manager and Trevor R Parry, Senior Tax and Estate Planning Advisor at Raymond James made a presentation on Wealth Management and Tax Strategies on 6 December at the Indo-Canada Chamber of Commerce. The audience comprised a select group of members and guests including high net worth investors and advisers.

Rakesh Vijay is a Senior Wealth Manager and Chairman Council Member at Raymond James Ltd. He leads a team of nine assisting both high net worth or a novice investor make the right investment decisions. His specialities include Wealth Management Services, including estate planning, life insurance, trust services, tax planning, and more.

Trevor Perry is an expert on taxation. He speaks regularly across the country for organizations such as STEP and Advocis. Trevor is a member of the Society of Trust and Estate Practitioners, the Canadian Tax Foundation, the Albany Club, and the Royal Canadian Military Institute. He is an Associate Member of CALU and is a member in good standing of the Law Society of Upper Canada, having been called to the Ontario Bar in 1996.

Rakesh Vijay spoke on the Benefits of Fee Based Accounts versus Buying Mutua Funds and Trevor Parry spoke about Tax Challenges and Superior Solutions for Your Business. In his presentation titled, Navigating the Rapids: Tax Challenges in the Lifecycle of a Business, Parry spoke about the current political climate and its influence on tax policies and therefore its impact on investment decisions.

Speaking on the occasion, Pramod Goyal, President, ICCC, said, “Today’s session is part of our leadership’s effort to bring quality programming for our members that adds value to their strong and continuing association with their Chamber. Let me emphasize that the new leadership of the Chamber is committed to upholding the glorious principles on which it was established 42 years ago.”

India Mission 2020

6 January - 15 January 2020

New Delhi, Lucknow, Hyderabad, Mumbai

Indo-Canada Chamber of Commerce (ICCC) will lead its annual India Mission between 6 January and 15 January 2020.

The trade mission will primarily focus on F&B, agrifood and services sectors, and will visit New Delhi, Lucknow, Hyderabad and Mumbai. In New Delhi, the delegates will participate in Indus Food on 8 and 9 January.

The business delegates will be engaged in different B2B meetings, seminars, conferences, expo and focused group meetings based on their sectors. ICCC is closely working with its India office and MoU partners in India to finalize the meetings.

The mission delegates will be successful in getting new business connections which will pave the way for their cooperation with Indian partners and possibly open up the opportunities for collaboration.

We invite you to participate in the Mission. Contact Pawan Chankotra for more information: pc@iccconline.org / (416) 224-0090.

Interactive session on Wealth Management and Tax Strategies / Planning

Sat, 07 Dec 2019 23:30:00 GMT

Indo-Canada Chamber of Commerce presents

Interactive session on Wealth Management and Tax Strategies / Planning

Rakesh Vijay	Trevor R. Parry
will speak on	will speak on
Benefits of Fee base accounts v/s buying Mutual Funds	Tax Challenges and Superior Solutions for your Business

Member of

ICCC Team's India Visit - 18 - 22 November 2019

Sat, 23 Nov 2019 14:35:20 GMT

The ICCC team comprising Pramod Goyal, President, Indo-Canada Chamber of Commerce; Vijay Thomas, Director, International Trade and Information Technology; and Arvind Bhardwaj, Director, Program and Events, accompanied Hon. Vic Fedeli, Ontario’s Minister of Economic Development, Job Creation and Trade on his India trip between 18 and 22 November 2019.

The Ontario Minister went to New Delhi and Mumbai during the trip. Hon. Nina Tangri, Parliamentary Assistant to Ontario’s Minister of Economic Development, Job Creation and Trade, and Hon. Deepak Anand, Member of Provincial Parliament from Malton-Mississauga accompanied Minister Fedeli.

The trip comprised two independent delegations – the first had representatives from stakeholder organisations and the other had Canadian businesses from the information technology and infrastructure sector.

“Minister Fedeli’s visit was tremendously successful and will lead to more intense cooperation between Ontario and India,” Pramod Goyal said, upon his return from India.

The ICCC President utilised the India visit to do the necessary spadework in organising the upcoming ICCC India Mission 2020 (5 January to 15 January 2020).

In New Delhi, Mr. Goyal met India’s Minister of State for Micro, Small and Medium Enterprises Hon. PC Sarangi and Hon. Rita Bahugana, MP, in New Delhi. He also met Mr. D. K. Agarwal, President, and Dr. Ranjit Mehta, Director, PHD Chamber of Commerce; Mr. Rajesh Aggarwal, Executive Director, Indian Trade Promotion Organisation; Mr. Mohit Singla, Chairperson, Trade Promotion Council of India. In Mumbai, he met Mr. Vijay Kalantri, Vice President World Trade Centre-Mumbai; Chandrakant Salunkhe, President, SME Chamber of India; Mr. Jagat Shah, of Global Network.

The Indo-Canada Chamber of Commerce is an MoU partner with most of these organisations.

In addition, in New Delhi, during the Indo-Canada Business Chamber’s Annual Convention, Mr. Goyal met with officers from Trade Commissioners Service Mr. Andrew Smith. in Mumbai, during the Canada India Business Council's 7th Annual Canada - India Business Forum, Mr. Goyal interacted with Hamilton Mayor His Worship Mr. Fred Eisenberger, Mayor of Hamilton; His Worship Mr. Stephen Molnar, Mayor of Town of Tillsonburg; Canada’s Consul General in Mumbai Ms. Annie Dube and Director of Hamilton Economic Development Council Mr. Glen Norton.

Pertinently, the two-way trade between the province of Ontario and India is worth C$3.2 billion. Nine per cent of Canadian exports to India are from Ontario. The province has Trade and Investment Offices in New Delhi and Mumbai to attract and facilitate investment deals, help small- and medium-sized enterprises expand their export capacity and promote the province’s open for business mandate. More than 50 Indian companies across all sectors have operations and investments in Ontario, and over 52,000 Indian post-secondary students studied in Ontario’s world-class universities and colleges during the 2018 to 2019 school year.

Canadian Trade Commissioner Service & CanExport SME

Thu, 21 Nov 2019 17:00:00 GMT

From l to r: Surinder Sharma, Ajay Tandon, Sue Rauth, Amit Ranjan, Sanjay Kulkarni and Tauseef Sheikh

The four core services that TCS provide are:

Prepare for International Markets
Assessing Market Potential
Finding Qualified Contacts
Resolving Problems

They also spoke about the CanExport – SME scheme and its assistance to small businesses to explore global markets. The scheme funds the following activities:

Business travel,
Market research,
Participation at trade events and fairs,
Adaptation and translation of marketing tools,
Intellectual property protection, certification, and adaptation of contracts,
Expert advice on business, legal or tax matters

The presentation was well received by the members and guests of the ICCC.

ICCC Newsletter - November 2019

Thu, 07 Nov 2019 15:00:11 GMT

ICCC Newsletter - November 2019

President's Message

Pramod Goyal

Minister Fedeli’s India visit

While a lot has been achieved during the last five years, and especially during the Canadian Prime Minister’s India visit last year in which ICCC led the largest business delegation of over 65 entrepreneurs, trade between Canada and India stays around $8billion which is way below of the potential of both the economies.

With $3.1 billion in two-way trade between Ontario and India, Ontario’s contribution to the Canada – India bilateral trade accounts for over 37%, and 9% of Canadian exports to India are from Ontario.

Later in November, I will be participating in a trade delegation to India led by Hon. Victor Fedeli, Ontario’s Minister of Economic Development Job Creation and Trade. The business delegation will travel to New Delhi and Mumbai to leverage Ontario's strengths in Information and Communication Technologies (ICT) and Infrastructure.

It is heartening to note that within a span of six months, two Ontario ministers have led a trade delegation to India. In May 2019, Hon. Todd Smith, who was at that time the Minister of Economic Development, Job Creation and Trade, had gone to India and focused on agri-food, automotive, infrastructure and ICT sectors. Now, the November 2019 mission led by Minister Fedeli will focus on infrastructure and ICT.

Indo-Canada Chamber of Commerce has facilitated the India trips of former Ontario Premiers Hon. Dalton McGuinty in December 2009 and Hon. Kathleen Wynne in 2016. Our Chamber will work with the Ontario government to facilitate Premier Doug Ford’s trip to India soon.

There is more information about our mission in the newsletter. I hope you will be enthused to participate in the mission.

Read More: President Message

News

ICCC - IIT-Alumni Canada to work together

Indo-Canada Chamber of Commerce and IIT Alumni Canada signed a Memorandum of Understanding (MoU) on 2 November at the IIT Alumni Canada’s Annual Gala. The purpose of this Memorandum of Understanding is to establish the principles and the basis for increased cooperation between ICCC and IITAC with a view towards strengthening the strategic partnership for the purpose of maximizing the benefits from our mutual interests.

The MoU was signed by Pramod Goyal, President, Indo-Canada Chamber of Commerce, and Ashraf Ali, President of the IIT Alumni Canada. Surinder Sharma, Director, Membership Engagement, ICCC, who is also a senior member of IIT Alumni Canada was instrumental in bringing the two organisations together. Mr. Sharma, along with Tauseef Sheikh, Corporate Secretary, ICCC, and Satish Thakkar, Past President, ICCC, and National Convener, Canada India Foundation, were present on the occasion, along with Saifullah Khan, Commercial Consul, Consulate General of India in Toronto.

The salient features of the collaboration include:

Encourage members of both the organisations to take active membership and participation in the other organisation.
ICCC and IITAC agree to apply member rates for members of each organisation should they wish to participate in any event organised by either organisations.
Work cooperatively to identify and explore business and career opportunities between ICCC and IITAC members.
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 IITAC 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 Government on policies that hinder 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 IITAC.
Provide a business or career match-making service identifying opportunities to the benefit of respective ICCC and IITAC members and qualify potential collaborators.
Access and offer market intelligence on business sectors, industries and companies to ICCC and IITAC members.
Provide information on Canadian and Indian trade fairs, missions, seminars and other business-related events to ICCC and IITAC members.
Work collaboratively with Government to address members’ needs and the trade and profession related barriers they encounter.

Photographs of the signing ceremony

XXXXX				XXXXX

Insight

Canada and India collaboration in agriculture

By M J Khan

Canada and India have enjoyed enduring bilateral relations founded upon shared traditions of democracy and diversity. Canada is home to over 1.2 million Persons of Indian Origin (PIO) who comprise more than 3% of its population. The highly educated, affluent and industrious PIOs, one of the largest immigrant groups in Canada are well integrated with the mainstream and active politically. Their presence has infused the traditions and culture of India into the social fabric of Canada. This has considerably aroused the interest of the Canadians in India’s culture and Cuisine. This has opened immense trade opportunities in agricultural and food sector between the two countries.

In terms of agriculture and skilled personnel, India is a formidable presence in the world. The country has the largest arable land in the world and is the world's largest producer of milk, pulses and jute, and ranks as the second largest producer of rice, wheat, sugarcane, groundnut, vegetables, fruit and cotton. It is also one of the leading producers of spices, fish, poultry, livestock and plantation crops. Worth $ 2.1 trillion, India is the world's third largest economy after the US and China. India is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP).

Canada is also a giant in agriculture production. It is the 5th largest agricultural exporter in the world. Canada produces about 75% of the world's maple syrup and is the world's largest exporter and one of the largest producers of flaxseed, canola, pulses, oats and durum wheat. Canada exports $56 billion a year in agriculture and agri-food products and approximately half of everything that is produced is exported as either primary commodities or processed food and beverage products. Canada is recognized as having one of the strongest food safety systems in the world.

Read More: Insight

India Mission 2020

5 to 14 January 2020

The Indo-Canada Chamber of Commerce (ICCC) is cognizant of the significance of the Indian market to Canada. Growth of the Canadian economy depends on trade and commerce, so it is important for Canada to deepen its commercial relations with India because India will remain one of the fastest growing economies of the world for the foreseeable future, and Canada can contribute positively to India’s growth by providing it the technology and services to make India’s growth sustainable. As the largest representative of Indo-Canadian businesses, the ICCC unequivocally advocates for the Canadian government to enhance relations with India.

It is time to expand sectors of cooperation that have dominated trade between the countries and include new areas such as technology transfer in sunrise sectors where Canada can be of a great assistance to India.

With the above in view, the ICCC is excited to lead a business delegation to India between January 5-14, 2020.

Read More: India Mission 2020

Events

Welcome reception for Consul General Apoorva Srivastava

ICCC Board Members presenting a print of Lauren Harris painting to Consul General Apoorva Srivastava

Indo-Canada Chamber of Commerce (ICCC) organised a welcome reception in the honour of the new Consul General Apoorva Srivastava on 28 October 2019. The reception was attended by senior members of the Chamber, leading sponsors and stakeholders, along with the board of directors, and the advisory board members of the Chamber.

Ms. Srivastava took charge as the Consul General of India in Toronto in August 2019, and since then has been active in her community outreach. She is a career diplomat, having joined the Indian Foreign Service in 2001. Prior to her Toronto posting, she worked with the Minister of External Affairs from January 2017 to August 2019.

In her 18-year diplomatic career, she has served twice in the Indian Embassy in Paris, from August 2003 to October 2006 and again from August 2012 to July 2015, and in the Indian Embassy in Kathmandu from June 2009 to August 2012. She has also served as Under Secretary (SAARC) and as Director (Administration).

The Consulate General of India in Toronto is an important stakeholder of ICCC and collaborates on different business initiatives to achieve common objective of promoting bilateral relations and advocating for the interests of the Indo-Canadians.

Pramod Goyal, President, ICCC, while welcoming Ms. Srivastava said, “During the last few years, this collaboration has intensified. We are keen to continue building on that relationship and work on organizing trade shows, B2B meetings. We are also eager to involve the Consulate in our upcoming India Mission 2020 when we will be leading a trade delegation of Canadian small businesses to India.”

Photographs of the event

Affinity Program Announcement

ICICI Bank's Exclusive Offer for ICCC Members

All members of the ICCC who open an account with ICICI Bank Canada
will enjoy a host of benefits including

NRI: NRI Referral Services.
Money Transfers to India: No fees. Plus, get an extra 40 paise on top of our posted exchange rates.
Credit Cards: Waiver of annual fee for the first year on our Rubyx credit card and earn cash back rewards of 2% on selected category (e.g. gas & grocery, entertainment etc.)
Guaranteed Investment Certificates (GICs): Earn an extra 0.10% in addition to our posted interest rate for both Registered and Non-Registered GICs (including Non-redeemable and RSP/Tax-Free GICs).
Mortgages: Enjoy our preferential interest rates.
Safety Deposit Boxes: No annual fee for the first year.

Read More: Affinity Partners

ICCC - IIT-Alumni Canada to work together

Sat, 02 Nov 2019 22:00:00 GMT

ICCC - IIT-Alumni Canada to work together

The salient features of the collaboration include:

Encourage members of both the organisations to take active membership and participation in the other organisation.
ICCC and IITAC agree to apply member rates for members of each organisation should they wish to participate in any event organised by either organisations.
Work cooperatively to identify and explore business and career opportunities between ICCC and IITAC members.
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 IITAC 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 Government on policies that hinder 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 IITAC.
Provide a business or career match-making service identifying opportunities to the benefit of respective ICCC and IITAC members and qualify potential collaborators.
Access and offer market intelligence on business sectors, industries and companies to ICCC and IITAC members.
Provide information on Canadian and Indian trade fairs, missions, seminars and other business-related events to ICCC and IITAC members.
Work collaboratively with Government to address members’ needs and the trade and profession related barriers they encounter.

Photographs of the signing ceremony

XXXXX				XXXXX

Welcome reception for Consul General Apoorva Srivastava

Mon, 28 Oct 2019 22:00:00 GMT

Welcome reception for Consul General Apoorva Srivastava

ICCC Board Members presenting a print of Lauren Harris painting to Consul General Apoorva Srivastava

Photographs of the event

ICCC Newsletter - October 2019 - I

Fri, 25 Oct 2019 15:13:07 GMT

ICCC Newsletter - October 2019

President's Message

Pramod Goyal

The Indo-Canada Chamber of Commerce (ICCC) congratulates Prime Minister Justin Trudeau for his second term as the Prime Minister of Canada. The 21 October Canadian federal election results have given us a Liberal minority government. The result reflects the Canadian political reality.

Globally, minority governments have inherent challenges that require dexterous political management. The Indo-Canada Chamber of Commerce is cognizant that while making important decisions the new government in Canada will have to consider political stances of parties that support it and ensure its survival.

India is going to remain one of the fastest growing economies of the world for the foreseeable future, and Canada can steer its growth to make it sustainable. As the largest representative of Indo-Canadian businesses, the ICCC unequivocally states that the Trudeau government should make enhancing relations with India a priority.

While a lot has been achieved during the last five years, and especially during the Prime Minister’s India visit last year, a lot remains to be done. An indication of the stagnant status of bilateral ties is that trade between Canada and India stays stubbornly below the $10 billion mark.

Additionally, several factors have emerged in recent times that are transforming bilateral relations qualitatively. These include:

The growing number of international students from India enrolled in Canadian universities
The qualified and skilled immigrants from India through the express entry program

A constructive approach will take the bilateral relations to the level they ought to be and the ICCC is willing to play the role that it traditionally has of being a conduit between the two establishments to put the ties firmly on an upward trajectory.

----------

Insight

Canada and India: The next 20 years

By Jagat Shah

There are many articles written and debates conducted on macro aspects and strategy of growing trade & investment between Canada and India. Through this article, I am trying to present the practically do-able brass tacks on how to walk the talk….

Canada became a nation in 1867 (152 years)
Indian became an independent nation in 1947 (72 years)
Canada’s exports to India in 2017-18 was US$ 4.7 billion
India’s exports to Canada in 2017-18 was US$ 2.5 billion
Total trade between the two nations was US$ 7.2 billion
Canada’s total trade with USA was US$ 508 billion (70 times that of India)
Canada’s total trade with China was US$ 63 billion (9 times that of India)

Ten steps to increase trade between India & Canada:

1.     Startups and innovative companies are the key to the future
2.     Warehouse in India and Canada
3.     Formalize buying agency network in Canada and India
4.     Organize one Federal investment Expo and summit every year
5.     Organize Vibrant Canada Global Expo & Summit 2020 in India
& Vibrant India Global Expo & Summit in Canada
6.     Global Tender business between Canada and India
7.     Indo Canada Joint Venture Centre
8.     Investment always follows trade
9.     Trade and investment helpline

Read More: Insight
----------

Affinity Program Announcement

ICICI Bank's Exclusive Offer for ICCC Members

Greetings from ICICI Bank Canada!

Established in December 2003, ICICI Bank Canada is a full-service direct bank with an asset base of about C$6.7 billion as at December 31, 2018. We offer a wide range of financial solutions to cater to personal, commercial, corporate, investment, treasury and trade requirements. We are a member of the Canada Deposit Insurance Corporation. Our head office is located at the Don Valley Business Park in Toronto, Ontario. We currently have eight branches in Canada: six in the GTA, Ontario; one in Delta, British Columbia; and one in Calgary, Alberta.

We are a wholly-owned subsidiary of ICICI Bank Limited, which is headquartered in Mumbai, India. ICICI Bank Limited (NYSE: IBN) is a leading private sector bank in India. The Bank’s consolidated total assets stood at US$168.8 billion as at December 31, 2018.

Our products and services can help the ICCC and its members to achieve their financial goals with high quality customer service, at competitive prices. We look forward to serving your banking needs.

Products and Services

Corporate and Commercial Banking Services	Personal Banking ServiceXXXXXXXXXXXXX
Working Capital & Term Loans Small Business Loans & Franchise Financing High Yield GICs & Business Savings Accounts FX & Treasury Products Commercial Mortgages & Real Estate Financing Customized Trade Finance Solutions (specializing in Indian subcontinent)	Chequing & Savings Accounts, GICs International Money Transfers Residential Mortgages Credit Cards Student GIC Program RESP, RSP & TFSA Safety Deposit Boxes (for account holders)

All members of the ICCC who open an account with ICICI Bank Canada
will enjoy a host of benefits including

NRI: NRI Referral Services.
Money Transfers to India: No fees. Plus, get an extra 40 paise on top of our posted exchange rates.
Credit Cards: Waiver of annual fee for the first year on our Rubyx credit card and earn cash back rewards of 2% on selected category (e.g. gas & grocery, entertainment etc.)
Guaranteed Investment Certificates (GICs): Earn an extra 0.10% in addition to our posted interest rate for both Registered and Non-Registered GICs (including Non-redeemable and RSP/Tax-Free GICs).
Mortgages: Enjoy our preferential interest rates.
Safety Deposit Boxes: No annual fee for the first year.

For further information about our products and services, please feel free to contact:

Corporate and Commercial Banking Services
Vipin Gupta
Phone: 416-797-8942
Email: vipin.gupta@icicibank.com

Personal Banking Service
Kishore Kumar
Phone: 416-873-8964
Email: kishore.thazhathe@icicibank.com

Download brochure: ICICI Bank Canada

ICICI Bank Canada products and services are subject to terms and conditions which can be found at icicibank.ca/legal or at any ICICI Bank Canada branch. The ICICI Bank name and logo are trademarks of ICICI Bank Limited and used under license. ICICI Bank Canada |150 Ferrand Drive, Suite 1200 Toronto, ON M3C 3E5 Canada|Website: icicibank.ca

The offers contained herein cannot be combined with any other offer and are not transferrable. The offers maybe withdrawn or changed without prior notice at any time. ICICI Bank Canada may, at its sole discretion disqualify, limit or revoke the offers if it suspects misuse, suspicious or fraudulent activity. For safety deposit box, annual fee will be waived for small or medium size box and will be allocated subject to availability in the branch. Money Transfers, investments, mortgages, credit cards, and any associated services and cashback rewards are subject to terms and conditions which can be found at icicibank.ca/legal or at any ICICI Bank Canada branch. The ICICI Bank, Rubyx names and logos are trademark of ICICI Bank Limited and used under license.

----------

Program & Events

Upcoming Events

Welcome Reception In the Honour of Consul General

Apoorva Srivastava

Indo Canada Chamber of Commerce invites you to register for a welcome reception in honor of Apoorva Srivastava, Consul General, Consulate General of India in Toronto.

Ms. Srivastava joined as the new Consul General of India in Toronto in August 2019. Since she took charge, she has been actively working with the Indo-Canada Chamber of Commerce in promoting Canada India bilateral relations. Her hands-on approach to promoting Canada – India bilateral relations was evident in her involvement during the visit of trade delegations led by Federation of Indian Export Organisations (FIEO), Indian Trade Promotion Organisation (ITPO) and Globalsoft 2020, where she instrumental in encouraging Canadian and Indian small businesses forge trade linkages.

Ms. Srivastava is a career diplomat, having joined the Indian Foreign Service in 2001. Prior to being appointed at India’s Consul General in Toronto, she worked with the Minister of External Affairs (January 2017 – August 2019). In her nearly two-decades-long diplomatic career, she has served twice in the Indian Embassy in Paris (August 2003 – October 2006 & August 2012 – July 2015), and in the Indian Embassy in Kathmandu (June 2009 – August 2012). In the headquarters, she has served as Under Secretary (SAARC) and as Director (Administration).

Program:

Date: Monday 28 October 2019
Time: 6:00 pm to 8:00 pm
Venue: Roof Garden, 12th Floor, Holiday Inn Hotel
Address: 970 Dixon Road Toronto, Ontario Canada M9W 1J9

Registration:Members only: $25

Please register here

----------

Sadhguru: Inner Engineering

Sadhguru, a yogi, visionary and foremost authority on yoga, is in Toronto on 10 and 11 November offering Inner Engineering program. Please click below to learn more about the program & how it can enhance your mind, body and energies

to explore your full potential.

https://www.innerengineering.com/completion-with-sadhguru/toronto

----------

ICCC Newsletter - October 2019 - II

Thu, 24 Oct 2019 15:22:10 GMT

Recent Events

Chai with CEO

17 October

Priya Dhawan-Chahal

(l to r) Priyanka Goyal, Premal Brahmbhatt and Priya Dhawan-Chahal

For members of ICCC’s YPE Committee it was an absolute pleasure listening to Priya Dhawan-Chahal, District VP, Midtown Toronto speak on her journey in financial services at ICCC-YPE’s Chai with CEO event. Priya is an outstanding leader.

With extensive experience in customer experience, business development, and strategy, she is determined to take Scotiabank to new heights. Priya has always been passionate about the work that she does. As a program champion for the Scotiabank Women Initiative, she is now helping women take their businesses to the next level through access to capital, support from senior business leaders, and education tailored to their individual needs.

It’s amazing to see that the program is allocating $3 billion in funding over the first three years to support women-led businesses. At YPE, one of our key objectives is to form a strong community where everyone has an equal chance to showcase their skillsets. It is wonderful to see a strong, successful woman like Priya inspiring other women to achieve their dreams.

----------

Interactive Session

08 October

Vikas Gautam

ICCC Board Members with Vikas Gautam of ABSLAMC

Indo Canada Chamber of Commerce (ICCC) organised an invitation-only interactive session with Mr. Vikas Gautam, Chief Executive Officer, Aditya Birla Sun Life Asset Management Company Ltd. on 8 October 2019. Mr. Gautam spoke on the Indian economy and emphasised that despite claims of a slowdown, the economy has inherent resilience and is continuing on the high growth trajectory. He praised the visionary leadership of Narendra Modi, stating that under Modi’s rule and direction, India is firmly set to become an economic powerhouse soon.

Mr. Gautam spearheads the global business at Aditya Birla Sun Life Asset Management Company Ltd (ABSLAMC), the Indian partner of Sun Life Global Investments. Sun Life Global Investments is a subsidiary of Sun Life Financial Inc.

The interactive session provided a great opportunity to learn first hand from an industry expert the investing climate in India. It may be recalled that in January 2018, Sun Life Global Investments completed the purchase of Excel Funds Management Inc. and Excel Investment Counsel Inc.

----------

Vibrant Goa

17 to 19 October

ICCC delegation at Vibrant Goa with Goa Chief Minister

Vijay Thomas, Director, International Trade & Information Technology, Indo-Canada Chamber of Commerce, led a delegation of ICCC members to Vibrant Goa Global Expo and Summit 2019 (VG GES 2019). The prime focus of was inclusive development in key areas such as innovation, sustainability, industries, technology, youth and skill development, knowledge sharing and networking. VG GES 2019 was a one of a kind expos – something that has never been witnessed by the people of Goa and its industry. The expo showcased all the developments, newer projects and vision of growth. The knowledge summit at VG GES 2019 was organized concurrently with the Expo with an aim to bridge the gap between Goan industries and other national as well as international players. Moreover, internationally acknowledged and successful ‘Goans’ hailing from over 40 different countries shall be making a memorable visit to their native soil. VG GES 2019 was from 17 to 19 October 2019. ICCC Members including Gurcharan Kandra, Vinod Vyas, Indu Reddy, Kalpesh Joshi, among others were part of the delegation.

----------

GlobalSoft 2020

18 October

ICCC Board Members with Nalin Kohli of Globalsoft

Nalin Kohli, Chairperson of Globalsoft gave a presentation on the upcoming Globalsoft 2020 exhibition and that is scheduled to be held in Hyderabad, India in February 2020. He gave insights into the Indian IT sector and the trillion-dollar opportunities in the new and promising areas of Cyber Security, Smart Cities, Health IT, Fintech, Online Education, Analytics, and E-Commerce and other subsectors. Indiasoft is the annual flagship event of the Electronics and Computer Software Export Promotion Council (ESC), supported by the Department of Commerce, Ministry of Commerce and Industry, Government of India. The session provided participants the opportunity to learn about a potential trillion-dollar digital Indian marketplace that Canadian companies can avail of through partnerships with Indian IT companies; distributor and licensing arrangements; value-added reselling; and points of presence.

----------

India Show

10 to 13 October

Rakesh Kumar of ITPO, Pramod Goyal of ICCC, Apoorva Srivastava, Consul General & Deepak Anand, MPP

For the first time ever, India Trade Promotion Organisation (ITPO), a Government of India Enterprise, with the support of the Consulate General of India in Toronto, brought to Canada, भारत– India Show, at Hall No. 3, The International Centre, Mississauga from 10-13 October 2019. Indo-Canada Chamber of Commerce was the Partner Organisation of the show.

Speaking at the inauguration of the program, Apoorva Srivastava, the Consul General of India in Toronto, said the organising of such a show was important because it would lead to bigger programs in the future.

Pramod Goyal, ICCC’s President, said that the From Canada, we can see the steady progress that India is making economically. This is the third multisector trade delegation that has come from India in the last two months. This is an indication of the growing strength and diversity of the Indian economy.

A shared aspect of these delegations is that the delegates have all been small businesses. Small businesses play an important role in the economies of both Canada and India. Our Chamber, which is a 42-year-old trade promotion organisation, is focused on promoting the interests of Canadian small businesses.

Over 40-50 exhibitors from India displayed a range of products including handicrafts, giftware, textiles, home furnishings, carpets, gems and jewellery, leather goods, organic foods, spices, tourism and hospitality and several other ethnic goods.

The exhibition also featured India Fashion Utsav organized by Liza Productions and Management as the official Fashion Partner for ITPO.

Leading fashion designers from India showcased their latest designs from India. Amongst those who exhibited included renowned designers Charu Parashar and Dinesh Ramsay as well as other well-known local designers from GTA.

The India Show, with the array of products on display and live fashion and cultural shows, recreated glimpses of India that are not seen in Canada. It also gave an opportunity to the Indian exhibitors to connect and network with visitors for building valuable synergies for enhancing trade between the two countries.

----------

Bereavement

Funeral service for Harjit Kalsi

Elgin Mills Funeral Centre
1591 Elgin Mills Road East Richmond Hill ON L4S 1M9

Friday October 25th, 2019:
4:00 pm - 5:30 pm Family viewing
5:30 pm - 8:00 pm General viewing

Saturday October 26th, 2019:
12:30 pm - 1:00 pm Family viewing
1:00 pm - 3:00 pm General viewing and Prayers

3:30 pm Cremation:
After the cremation, please join the family for prayers and langar to be held at
Gursikh Sabha Canada at 5:00 pm in Hall 3.
Gursikh Sabha Canada
905 Middlefield Road, Scarborough ON M1V 4X1

ICCC Mourns Harjit Kalsi's passing away

Sun, 20 Oct 2019 15:41:43 GMT

Harjit Kalsi

15 April 1953 - 18 October 2019

Harjit Singh Kalsi, former Vice President and Director of Indo-Canada Chamber of Commerce, passed away away on 18 October following a complicated surgery at Toronto General Hospital.

Mr. Kalsi was actively involved with the Chamber for over two decades and volunteered for various activities. From 2003 to 2013 he held official positions in the Chamber, serving as the Chair of the Trade Committee, spearheading the trade initiative in the Canada-India trade corridor. As Vice President and Director, Mr. Kalsi led the Chamber in Finance, Administration, and Programs and Events.

Harjit, in his 66th year, was beloved husband of Kiran and adoring father of sons Baljit, Jaspal and Ajit. Harjit is survived by his sister Rosie. Much admired and respected by the Indo-Canadian community, Harjit will be deeply missed by nieces, nephews, extended family and friends.

“Harjit was always active and believed in upholding the sanctity of the organisation,” said Pramod Goyal, President, Indo-Canada Chamber of Commerce. “His untimely passing is tragic. On behalf of the Chamber, I offer sincere and heartfelt condolences to the family.”

Harjit was a talented, kind, and gentle human being, with a sense of humour, quick wit, and zest for life. For him his family was his strength; he believed in celebrating good times together and supporting one another with love.

Harjit’s brother-in-law, Surjit Babra, is a member of the ICCC’s Advisory Board. The family has announced that the details of his viewing and funeral will be shared shortly as it awaits harjit's family members to arrive from around the world.

Globalsoft 2020

Fri, 18 Oct 2019 15:33:56 GMT

GlobalSoft 2020

18 October

ICCC Board Members with Nalin Kohli of Globalsoft

Chai with CEO: Priya Dhawan-Chahal

Thu, 17 Oct 2019 22:00:00 GMT

Chai with CEO

17 October

Priya Dhawan-Chahal

(l to r) Priyanka Goyal, Premal Brahmbhatt and Priya Dhawan-Chahal

Vibrant Goa

Thu, 17 Oct 2019 13:00:00 GMT

Vibrant Goa

17 to 19 October

ICCC delegation at Vibrant Goa with Goa Chief Minister

India Show

Thu, 10 Oct 2019 13:00:00 GMT

10 to 13 October

Rakesh Kumar of ITPO, Pramod Goyal of ICCC, Apoorva Srivastava, Consul General & Deepak Anand, MPP

The exhibition also featured India Fashion Utsav organized by Liza Productions and Management as the official Fashion Partner for ITPO.

Interactive Session: Vikas Gautam

Tue, 08 Oct 2019 22:00:00 GMT

Interactive Session

08 October

Vikas Gautam

ICCC Board Members with Vikas Gautam of ABSLAMC

ICCC's Board of Directors for 2019-20

Mon, 30 Sep 2019 18:50:56 GMT

Meet Your New Board

Pramod Goyal

President


*Tauseef*	Surinder	Sanjay	Vijay	Arvind	Devika

Mr. Pramod Goyal and Mr. Tauseef Sheikh were re-elected on the board for another term. Additionally four new directors who have been elected to the board for the first time are Mr. Arvind Bhardwaj, Mr. Surinder Sharma, Mr. Vijay Thomas and Mr. Sanjay Kulkarni. Ms. Devika Penekelapati, continues to be a director, as she is currently in the middle of her two-year term.

The AGM was attended by nearly 80 members, a majority of whom participated in a lively discussion on all the agenda items including an update on sale of the building by the President, and financials by Mr. Abu Becker & Mr. Sanjay Kulkarni.

A number of past presidents, vice presidents, and board members participated in the meeting.

The following agenda was transacted at the AGM:

Approval of Minutes of 2018 AGM
President's Message & board report
Auditor's report for 2018-19
Appointment of Auditor and authorization to the board to fix the auditor's remuneration
Declaration of new board of directors, announced earlier to the membership

Having concluded its agenda and having taken up significant discussions on matters that were brought up by members under any other business, the meeting was formally brought to a close by the chair at 9:30pm.

Members at AGM 2019

ICCC Newsletter - September 2019

Mon, 16 Sep 2019 13:00:00 GMT

Newsletter September 2019

President's Message

Pramod Goyal

September brings new beginnings. After an all-too-brief summer, it is time to return to business as we welcome autumn. At the Indo-Canada Chamber of Commerce (ICCC), September is when we hold our annual general meeting and elections to the board of directors.

Let me begin by welcoming the new Consul General of India in Toronto Mrs. Apoorva Srivastava. She is a career diplomat, having joined the Indian Foreign Service in 2001. Prior to being appointed at India's Consul General in Toronto, she worked with the Minister of External Affairs from January 2017 to August 2019.

I had the privilege of meeting her soon after she took charge and had a fruitful one-on-one discussion on the many ways in which the Consulate General of India in Toronto and the Indo-Canada Chamber of Commerce (ICCC) can work together to enhance bilateral economic relations between Canada and India.

In the run-up to the Annual General Meeting of the Chamber which is scheduled on 27 September 2019, the board of directors has implemented several decisions to streamline the operations of the Chamber and to align its activities with the twin objectives of fostering bilateral trade between Canada and India and creating business opportunities for Indo-Canadian businesses.

Talking trade, exploring opportunities

Tue, 10 Sep 2019 00:00:00 GMT

B2B Meetings

Small business participants pose for a photograph after B2B meeting

Talking trade, exploring opportunities

ICCC organises B2B meetings between Canadian & Indian
small businesses for visiting TPCI and FIEO delegations

Toronto: Indo-Canada Chamber of Commerce organised B2B meetings for a trade delegation led by the Trade Promotion Council of India (TPCI) and the Federation of Indian Exporters Organisation (FIEO) from India on 9 and 10 September 2019.

The TPCI delegation comprised 22 companies from the Food and Beverages sector and the FIEO delegation comprised 13 companies from diverse sectors such as engineering, food and beverages, furniture.

Ms. Apoorva Srivastava, the new Consul General of India in Toronto, who took charge as the Consul General on 30 August, inaugurated the FIEO B2B meetings on Monday 09 September 2019 at ICCC’s offices in Etobicoke. Mr. Saifullah Khan had inaugurated the B2B meetings with TPCI on 22 August 2019.

Participating in her first official business meeting as the new Consul General, Ms. Srivastava said her focus is to work to enhance the bilateral economic relations between Canada and India. Mr. Saifullah Khan, the Commercial Consul, at the Consulate General, was also present along with other diplomatic and government organisations.

Both the Consul General and the Commercial Consul lauded the positive role of the ICCC in promoting bilateral trade relations between Canada and India. The delegation also visited the Consulate General of India in Toronto and had a formal session with the diplomatic corps later in the week.

Mr. Pramod Goyal, President, Indo-Canada Chamber of Commerce, while welcoming the new Consul General and the TPCI and the FIEO delegations, said that the ICCC is focused on promoting small businesses in both Canada and in India because of the value that small businesses add to both the economies. Following the formal inaugural ceremony, the Consul General, visited all the exhibitors and interacted with them to know more about their products, services, and their expectations of participating in the trade mission.

After the speeches and the interactive session, the B2B meetings commenced. For both the trade delegations, the ICCC had organised at least four meetings for each of the companies that was part of the delegations. In the evening, the Chamber hosted a business reception for the visiting delegates to enable the Indian companies to interact with Canadian entrepreneurs and professionals.

For the FIEO delegation, Mr. Pramod Goyal, Mr. B. K. Sethi, Director, ICCC, and Mr. Surinder Sharma, a veteran community leader, made presentations to the delegates on 10 September 2019. These presentations were about the strategies that Indian exporters should adopt to enter and consolidate in the Canadian market.

The ICCC had, in collaboration with the Consulate General of India in Toronto, also organised meetings with different bilateral organisations, export promotion zones and economic development departments for the FIEO delegation.

The delegates had an interactive roundtable with the members of the Canada India Foundation, the City of Brampton Economic Development department and the Brampton Board of Trade, all of which were arranged by the ICCC. The ICCC also arranged for the delegates to visit the Niagara Region Export Zone to get first-hand information about the export opportunities in the Niagara region.

ICCC Small Business Symposium & Expo - 2019

Thu, 29 Aug 2019 22:00:00 GMT

ICCC Small Business Symposium
& Expo - 2019

His Worship Frank Scarpitti, Mayor of Markham and Hon. Mary Ng, Canada’s Minister of Small Business and Export Promotion inaugurated the Indo-Canada Chamber of Commerce’s (ICCC) Small Business Symposium and Expo 2019 at Markham’s Civic Centre.

In his welcome remarks, Pramod Goyal, President, ICCC, said that over the last couple of decades, the Chamber has focused on the small business sector because of the growing significance of small businesses to the Canadian economy.

Recent statistics available in the public domain clearly show the dominance of the small business sector in the Canadian economy. For instance, small businesses constitute 98 percent of Canadian employers, and employed nearly 70 percent of the private labour force. Altogether, the small business sector contributed 41 percent to the Canadian GDP. These are important indicators of the significance of small businesses in the Canadian economy.

Mayor Scarpitti emphasized the business-friendly policies that Markham has adopted and how the City administration encouraged small business owners from diverse ethnicity thrive.

Mayor Scarpitti said is preparing a large parcel of land to be the home of an innovation hub. Markham has designated about 770 hectares (1,900 acres) of private and city-owned lands that will be developed as a home for innovators. He says it will be one of the largest innovation districts in North America and be close to the Canadian offices of several major technology companies.

The mayor also lauded the role that ICCC has performed of promoting small businesses in Canada. He said he has had the privilege of leading three trade delegations organised by the ICCC over the last few years. He warmly recalled his association with the Chamber which dates to over two decades.

Minister Ng spoke about the $1.8 million investment in Multi-Health Systems Inc. to be in Markham. This investment will help Multi-Health Systems innovate and create good middle-class jobs. “The Government of Canada, through the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP), is delivering on its commitment to support the growth of Canadian businesses and create jobs by making significant investments in innovation.”

Minister Ng congratulated the ICCC for organizing the symposium and the expo. She said ICCC’s support to small businesses is important because small business owners from diverse ethnic backgrounds often do know how to tap into the available resources to succeed, and organisations such as the ICCC fill that gap admirably.

The symposium included two panel discussions on

Business growth – challenges and opportunities facing small businesses and
Information Technology – SMB’s Enabler for a Level Playing Field: Growing business through technology

B.K. Sethi, Director, Small Business, ICCC, moderated the first panel discussion on business growth. The eminent panelists included Emel Iscan Demir, Manager, Major Accounts, Business Development Bank of Canada; Christina Kakaflikas, Manager, Economic Development, City of Markham; and Karl Maiterth, Manager, Export Marketing Unit, Ontario Food Exports.

Vinod Vyas, Founder and Senior Partner, Partho Technologies Inc. moderated the second panel discussion on IT and SMBs. The panelists included Baskaran Rajamani, Partner, Risk Advisory, Deloitte Canada; Anil Dasaratha, Director Sales, Wipro Limited; Akshay Kalle, CTO, Pathways Communications; and Ahmed Adel, Azure PMM Manager in Microsoft Canada.

Over 20 small businesses participated in the Expo displaying their products and services. Minister Ng visited all the exhibitors and talked to each of them about their businesses, growth and expansion strategies including exploring global markets.

ICCC Newsletter - August 2019

Thu, 15 Aug 2019 13:00:00 GMT

ICCC Newsletter

August 2019

President's Message

Pramod Goyal

Summer greetings to our members, sponsors and stakeholders.

The next few months promise to be eventful at Indo-Canada Chamber of Commerce (ICCC).

We are gearing up to host a couple of trade delegations, a symposium and expo on small business in collaboration with the City of Markham, host business reception for dignitaries and receptions to welcome and bid farewell to diplomatic corps.

Hon. Mary Ng, Canada’s Minister of Small Business and Export Promotion will deliver the keynote address and His Worship Frank Scarpitti, the Mayor of Markham, will inaugurate the symposium and expo. The program comprises two panel discussions and an exhibition. This is an ideal opportunity for you to showcase and promote your services and products. Contact the Chamber’s office at info@iccconline.org if you are interested.

Prior to the symposium, your Chamber will host a trade delegation being led by the Trade Promotion Council of India on 22 August 2019. The delegation is primarily of small business owners from the food and beverages sector. We are organizing one-on-one meetings with the delegates.

In September, the Federation of Indian Export Organisations will be at ICCC on 9 and 10 September for one-on-one meetings.

Annual General Meeting

In September, we will also have our Annual General Meeting. We will be announcing the schedule for the elections soon following consultations with the Nomination Committee. To ensure that the candidates for the directorship of the Board are able to contribute effectively to achieve the Chamber’s mandate, the Chamber will ensure that the bylaws adopted in 2016 will be implemented in both letter and spirit.

Click here to read the: President's Message

Insight

Canada, India and the Global Compact on Immigration

By: Dr. A. Didar Singh

In December 2018, Canada joined more than 160 United Nations member states at Marrakesh in adopting a new negotiated agreement on international migration – the non-binding United Nations Global Compact for Safe, Orderly and Regular Migration which sets out 23 objectives for improving international cooperation on all forms of migration, from refugees to skilled workers. Canada (along with Australia) is among the world’s most generous nations for immigrants and has one of the highest per capita admission rates. (A 2014 sociological study concluded that “Australia and Canada are the most receptive to immigration among western nations”).

Since 1947 in Canada, domestic immigration law and policy went through major changes, most notably with the Immigration Act, 1976, and the current Immigration and Refugee Protection Act from 2002, which have made the policy most forward looking. In November 2017, the Canadian Immigration Minister announced that Canada would admit nearly 1 million permanent residents to Canada over the following three years, rising from 0.7% to 1% of its population by 2020. This increase was motivated by the economic needs of the country facing an aging demographic, with the number of senior citizens expected to double by 2036 alongside a decline in the proportion of working-age adults. This recognition of the reality of an ageing population is what prompted many countries to re-examine their migration policies.

Back in 2016, 193 members of the UN general assembly unanimously adopted a non-binding political declaration, the New York declaration for refugees and migrants, pledging to uphold the rights of refugees and migrants, help them resettle and ensure they had access to education and jobs. This ‘New York Declaration on Large Movements of Refugees and Migrants’ saw the launching of a two-year process to develop a Global Compact on Safe, Orderly, and Regular Migration, or as it is better known, the Global Compact on Migration.

There are in fact two different types of migration: what could be referred to as “discretionary” and “non-discretionary” migration. Non-discretionary refers to the fact that there are certain forms of even legal migration over which governments do not have much discretionary authority. Amongst the reasons is that governments have signed international treaties committing them to do certain things. One example is the treaty of Rome in the European Union, which gives EU workers the right of free movement within the EU. Another is the Geneva Convention for handling requests for asylum. A third example is the US H1B Visa which comes from the commitment under GATS that the US gave at WTO. Discretionary of course is when countries decide who they will allow in. The Global Compact was expected to find guidelines for ‘managing’ migration.

Click here to read the speech: Insight

Programs & Events

Upcoming programs

Small Business Symposium & Expo

Time	3:00 pm to 7:00 pm
Date	Thursday 29 August 2019
Venue	City of Markham
Address	101 Town Centre Blvd Markham ON L3R 9W3

Indo-Canada Chamber of Commerce is organising a Small Business symposium and exhibition on 29 August 2019 in collaboration with the City of Markham. His Worship Frank Scarpitti, Mayor of Markham will inaugurate the program and Hon. Mary Ng, Canada's Minister of Small Business and Export Promotion will give the keynote address.


	Mary Ng		Frank Scarpitti

In addition, there will be two panel discussions on

Launching and sustaining a business
IT for business

The panelists for the first panel discussion will include established entrepreneurs who have launched successful businesses in Canada, and those for the second panel discussion will include experts in different aspects of information technology.

Along with this program, an exhibition will also be organised that will give opportunities to the Chamber's members, stakeholders and sponsors to exhibit their services and products for a nominal fee of $200 (which also includes two tickets for dinner). To participate as an exhibitor, please contact ICCC office on iccc@iccconline.org by 15 August 2019.

New business opportunities

Participate in B2B meetings with 2 trade delegations from India

Indo-Canada Chamber of Commerce is organizing B2B meetings for two trade delegations coming to Canada from India.

The Trade Promotion Council of India (TPCI) is leading a trade delegation to Toronto on Thursday 22 August 2019.

The list of delegates may be accessed here: TPCI

Similarly, the Federation of Indian Exporters Organisation (FIEO) is leading a trade delegation to Toronto between Monday, 9 September and Wednesday, 11 September 2019.

The list of delegates may be accessed here: FIEO

Indo-Canada Chamber of Commerce invites its members to participate in the one-on-one meeting with representatives of companies in both these delegations.

Meetings for the TPCI delegation will be held on 22 August & for the FIEO delegation will be held on 9 and 10 September at ICCC offices at 924 The East Mall Toronto ON M9B 6K1

To participate in the one-on-one meetings, please fill out the Meeting Request Form and send it to ICCC by Wednesday 15 August 2019 on iccc@iccconline.org. Call (416) 224-0090 for inquiries.

Recent Events

21st Annual Charity Golf Tournament

Walk for Cancer	Chai with CEO

To read about recent events, please click here: Past Programs

Avail all the benefits that you are entitled to as a member, click here to visit our Affinity programs: Affinity

ICCC Mourns Hon. Deepak Obhrai's passing away

(Past member) — Mon, 05 Aug 2019 21:23:39 GMT

Indo-Canada Chamber of Commerce (ICCC) deeply mourns the passing away of Hon. Deepak Obhrai, Member of Parliament from Calgary Forest Lawn.

Hon. Obhrai was a great leader of the Indo-Canadian community. He was the longest serving Member of Parliament in the House of Commons, never having lost an election in over two decades.

He worked tirelessly in improving Canada-India bilateral relations and in recognition of his passion, was honoured with the President's award by the Indo-Canada Chamber of Commerce (ICCC) at the Annual Awards & Gala Night in June 2019.

In a statement released in Toronto, Pramod Goyal, President, ICCC, said, "Our Chamber and our community has lost a dear friend who dedicated his life to the community. Hon. Deepak Obhrai's untimely death has taken away a shining star from the Canadian public life. We pray that Deepak ji's family has the forbearance to face this tragedy with fortitude."

It may be recalled, Hon. Obhrai was the recipient of the President's Award at the ICCC's Annual Awards and Gala Night in June 2019.

Adverse impact of tariff conflict on global trade

(Past member) — Tue, 23 Jul 2019 22:00:00 GMT

Adverse impact of tariff conflict on global trade

US-China trade tensions cause global trade to shrink by 2.3 %

L to R: BK Sethi, Sunita Vyas, Pramod Goyal, Royce Mendes, Shibaney Sahney, Sanjay Kulkarni, Rakesh Joshi

The rising trade tensions between the United States and China have impacted the global economy adversely and resulted in an overall shrinkage of global trade by 2.3 percent. With the tensions unlikely to dissipate in the near-term, the World Bank expects the global economy to grow by just 2.6% this year – the weakest since financial crisis of 2008-2009.

Royce Mendes, the Director and Senior Economist of CIBC Capital Markets, in his annual presentation on the global economic trends, emphasized that the impact of the trade tensions between two of the world’s largest economies will also be felt on the Canadian economies; already China has stopped the imports of some agricultural commodities claiming that these are contaminated.

Mendes said the tariff war between the US and China has crossed $360 billion – with US tariffs on China crossing over $250 billion and Chinese counter tariff crossing $110 billion. The Chinese economy has been severely hit by the US tariffs, and the threatened imposition of additional tariffs by the US would pull down the GDP numbers to around 5 percent.

Royce Mendes, Director & Senior Economist, CIBC Capital Markets

	X
Pramod Goyal, President, ICCC		Venki Raman, Vice President, Mobile Advice, CIBC


Rajeev Misra, Markets Vice President, CIBC		Sunita Vyas, Vice President, Programs & Events, ICCC

He said, while the impact of the tariff war on the Chinese economy is debilitating, the US economy, too, has been slowing down quite a bit. The downward trend in the US economy may not result in a recession, and the US monetary policies may attempt to prevent the downward slide by tinkering with the bank rates.

Additionally, the competitive regulatory regime that the Trump administration has adopted to bring investments and jobs back into the USA has had an adverse impact on the Canadian economy. For instance, the Canadian economy has lost its corporate tax advantage as the US shifts to lighter regulatory burden.

Mr. Mendes said that the lowering of bank rates in the US may have an impact on the Canadian economy. On the Canadian front, the housing market has remained sluggish despite the mortgage rates becoming attractive in the recently. The auto sales also reflect this downward trend, indicating a slowdown. Canadian economy is more reliant on rate sensitive sectors, in addition to elevated stock of household debt, he said.

He said that the consumer debt will remain a perennial pressure point for Canadians, but they are unlikely to get into a payment default ever.

Mr. Mendes said, “The coming rebound in Canada looks to be little more than a normalization following a particularly weak few quarters. Base-case outlook is for the trade-war to linger into next year and the US economy to gradually slow, requiring the Fed to ease only twice to sustain the expansion.”

He said that the Bank of Canada will follow the Fed by cutting rates in 2020 to keep the Canadian dollar competitive and spurring sustained growth in exports and business investment. But, the timing, location and magnitude of trade shocks is difficult to pinpoint, and the situation could deteriorate faster or more aggressively than expected.

Recession is outside of base-case outlook, but trade-war could end up being trigger. Stocks can still rise, so long as rate cuts are delivered, and growth responds, Mr. Mendes said.

Members of the audience at the annual presentation on global economy

Mr. Venki Raman, Vice President, Mobile Advice, CIBC, introduced Mr. Mendes to the audience, and emphasized that “he leads the CIBC Capital Markets’ efforts in monitoring and forecasting the Canadian economy, a team judged to be the most accurate by Reuters in 2018.”

In his remarks, Mr. Pramod Goyal, President, ICCC, said, “the relationship that the ICCC and the CIBC have developed over the years has benefited both the institutions.” Mr. Goyal welcomed CIBC’s clients, ICCC Members, and other guests to the program.

Ms. Sunita Vyas, Vice President, Events and Programs, introduced the evening’s program, and Mr. Rajeev Misra, Market Vice President, CIBC, gave the vote of thanks.

ICCC bid farewell to Consul General Dinesh Bhatia

(Past member) — Wed, 03 Jul 2019 22:30:00 GMT

ICCC bid farewell to Consul General Dinesh Bhatia

ICCC President Mr. Goyal along with other board members felicitates Consul General Dinesh Bhatia

Toronto 03 July 2019: Indo Canada Chamber of Commence bid farewell to Amb. Dinesh Bhatia, Consul General of India in Toronto at the Edward Village Hotel in Markham on 3rd July 2019. Amb. Bhatia has completed his term as Consul General of India in Toronto and prepares for his new role as India’s Ambassador to Argentina.

Speaking on the occasion, ICCC’s President Mr. Pramod Goyal said that India Canada relations has been benefitted greatly from Amb. Bhatia’s leadership and vision. Amb. Bhatia’s approach of engaging all the stakeholders in taking the relationship to a new level with innovative ideas was commendable. ICCC worked very closely with the Consul General Bhatia during his over 3 years of stay and hosted a number of delegations and joint events in collaboration with the CG office under his leadership.

Amb. Dinesh Bhatia in his address to the audience applauded the role of the ICCC in fostering India Canada relations since over four decades. He said that he attended over 70% of the ICCC’s events in the last three years which were especially focussed on promotion of business and commercial relations with India. ICCC builds the brand India in Canada and also working very closely with the CG office to promote Canada in India as well.


Sanjay Makkar	Hari Pandey	Dharma P Jain	Naval Bajaj	Jagdish Bajaj

ICCC’s former Presidents Sanjay Makkar, Hari Pandey, Dharma P Jain, Naval Bajaj and former Vice President Jagdish Bajaj also shared their memories while working with the Consul General office in the past.

The event was attended by large number of past presidents, advisory board members, members of the President’s team and ICCC office bearers including Mr. Deepak Ruparel, Mr. Andy Jasuja, Mr. Aditya Jha, Mr. Hari Pandey, Mr. Imtiaz Seyid, Amb. Praveen Verma (Retd.), Mr. Naval Bajaj, Mr. Dharma Jain, Mr. Sanjay Makkar, Ms. Devika Penekelapati, Ms. Sunita Vyas, Mr. Tauseef Sheikh, Rakesh Joshi, Mr. B K Sethi, Ms. Shibani Sahney and Mr. Sanjay Kulkarni.

All key Chamber sponsors namely CIBC, Turkish Airlines, TD Bank, ICICI Bank, SBI Canada Bank, Peter & Paul’s, RBC Royal Bank, Seneca College, Telus, GT20, Y-Media, Weekly Voice and PTC Punjabi Canada were present through their key representatives. Tarique Anwer felicitated Amb. Bhatia and Mrs. Bhatia by presenting unique souvenir courtesy Turkish Airlines.

The Chamber congratulated Amb. Bhatia on his new assignment and wished him all the best in his new endeavour.

ICCC Celebrates its Annual Awards & Gala Night 2019

(Past member) — Sun, 09 Jun 2019 23:00:00 GMT

ICCC Celebrates its Annual Awards & Gala Night 2019

Rising India: Time to Act

ICCC leadership with 2019 Award winners and Chief guest

ICCC President Pramod Goyal


Hon. Ahmed Hussen		Hon. Andrew Scheer

Amb. Dinesh Bhatia		Minister Todd Smith

ICCC’s 27th Annual Awards & Gala Night was celebrated successfully with the participation of all the levels of the Government – Federal, Provincial and the Municipal.

On Sunday June 17, 2018, the exquisite Paramount Eventspace in Woodbridge was the venue of the annual program; it was abuzz with the who’s who of Indo-Canadian community leaders, diplomats, corporate leaders, academics, small and medium entrepreneurs, bankers, and lawyers, and the representatives of the media.

Among the political dignitaries who participated in the program included Hon. Ahmed Hussen, Canada’s Minister of Immigration, Refugees and Citizenship; Hon. Andrew Scheer, Leader of the Official Opposition and Leader of the Conservative Party of Canada; Hon. Todd Smith, Ontario’s Minister of Economic Development and Job Creation.

Ambassador Dinesh Bhatia, the Consul General of India in Toronto, represented the Government of India at the program. Visiting Industries Minister of the Indian Province of Chhattisgarh, Mr. Kawasi Lakhma was also graced the occasion.

Mayors Patrick Brown (Brampton); Frank Scarpitti (Markham); and Bonnie Crombie (Mississauga); besides several Members of Parliament, the Provincial Parliament and Municipal Councils were among the other political heavyweights who participated in ICCC’s marquee event.

The theme of the evening was the Rising India: Time to Act set the tone for the evening as every speaker emphasized the importance of the rising India in all the sectors especially its economic growth.

Hon. Minister Hussen as representative of the Government of Canada in his remarks, mentioned the contribution of the Indo Canadian community in the Canadian society. Hon. Andrew Scheer, Chief Guest of the evening applauded the role of Indo Canada Chamber of Commerce in the promotion of Canada India relations. He said that he is confident that the bilateral relations between the two nations will grow manifold. Amb. Dinesh Bhatia in his remarks briefed about the development done by India in the last two decades.

In his keynote address, Hon. Minister Todd Smith referred his recent visit to India. In his remarks he said that Ontario is open for trade and business and applauded the Indo Canadian community for taking risks in starting new businesses in Ontario. He assured that Ontario government is business friendly and creating jobs by promoting the entrepreneurs in all the sectors. Ontario is very positive in developing its relations with India as several Indian students are studying in the province and Indian entrepreneurs are coming forward to invest in Ontario.

Pramod Goyal, President of ICCC, said the theme – Rising India: Time to take action – reflects the confidence Indians have in their own future and the future of their country. We, the Indians in the diaspora, have a terrific opportunity to take part in this glorious nation-building movement. “The Chamber’s leadership is cognizant of this vast and expanding economic horizon that India will continue to offer. Earlier this year, we launched our India operations by opening an office in New Delhi. We are now the only organisation working in the Canada – India corridor to have a presence in both the countries. We will leverage our presence in both these markets by creating opportunities for our members to explore the markets and build relationships,” he said.

The highlight of the evening was, of course, the award ceremony when 11 Indo-Canadians were honored for their achievements.

The 2019 ICCC Annual Award Winners are:

Corporate Executive		Female Entrepreneur
Ajai Bambawale Group Head and CRO, TD Bank Group		Sukhdeep Kang CEO, Armour Insurance Brokers Ltd
Male Entrepreneur		Female Professional
Ambrish Thakkar President & CEO - Thakkar Group		Ena Chadha Barrister & Solicitor
Male Professional		Technology Achivement
Sudhir Anand Founder & CEO, Voice Media Group		Vijay Thomas Founder & CEO, Tangentia
Humanitarian		Lifetime Achievement
Surinder Sharma President, Power Saving Systems Inc		Dr. V. I. Lakshmanan Vice Chairman & CEO, Process Research Ortech Inc
Young Achiever		President's Award
Ananya Chadha Student, AI, ML Developer		Hon. Deepak Obhrai Member of Parliament
Member of the Year
Dharma P. Jain President & CEO, D P Jain Professional Corporation		ICCC Board Felicitates Consul General Dinesh Bhatia

ICCC members, stakeholders, sponsors, members of the Advisory Board, the Board of Directors, the Past Presidents and other supporters of the Chamber participated in the ICCC Gala with enthusiasm.

ICCC's Sponsors

Panel Discussion on 'The Future of Education'

(Past member) — Fri, 24 May 2019 22:30:00 GMT

Panel Discussion on 'The Future of Education'

Indo Canada Chamber of Commerce organised a panel discussion on “The future of Education”. The world is going through a very critical phase of transformation and the education system do have a critical role to play for shaping the future of the mankind. Education through the modern means of communication through digital technologies made it more accessible and also pose numerous challenges. The panelists on board Ms. Vinitha Gengatharan, Executive Director, International York University, Mr. Andrew Ness, Dean, International at Humber College, Mr. Terence Young CEO of Gravitas Strategies and Ms. Elizabeth Long, Partner at Long Mangalji LLP discussed the various aspects of the education.

Launch of ‘CanadaWatch’ Special issue at ICCC

(Past member) — Wed, 15 May 2019 19:43:46 GMT

Launch of ‘CanadaWatch’ Special Issue at ICCC

ICCC in collaboration with Robarts Centre for Canadian Studies & York Centre for Asian Research cordially launched the Special Issue of ‘CanadaWatch’ at ICCC on 15 May 2019. This Special Issue of Canada Watch is part of the research conducted by “Canada-India Project for Research and Innovation” (CIPRI). The articles in this publication are contributed by the academics, scholars and policy makers of India and Canada. The topic of the articles provides interdisciplinary approach giving comparative perspectives. The writings provide an understanding on how to enhance the scope of cooperation and engagement between the two nations. The aim is to highlight existing research and collaboration between Canada and India and to articulate the factors underpinning success, as well as, to identify bottlenecks and challenges. The launch was followed by a panel discussion focussing on 'Mapping New Pathways for Canada-India Collaborations'.

ICCC Partners with SIAL Canada

(Past member) — Tue, 30 Apr 2019 15:00:00 GMT

ICCC Partners with SIAL Canada

Amb. Dinesh Bhatia, Consul General of India in Toronto inaugurated the ICCC’s booth at the SIAL Canada. Indo Canada Chamber of Commerce partners with SIAL Canada for the promotion of food & beverage Industries. SIAL Canada is not only key to the Canadian agrifood industry, it is also a privileged entryway to the US and international markets. SIAL Canada is now the only event of its scale in Canada, with more than 1,000 national and international exhibitors from 50 countries hosting over 18,500 buyers from Canada, the U.S., and 60 other countries. SIAL Canada is the only national trade show that offers a complete range of food products under one roof to meet your customers’ expectations. Whether you work in the retail, catering or food processing industry, or you’re simply looking for new and innovative products or regional specialties from around the world, you’ll find exactly what you need right here.

CM Goa invited ICCC for Vibrant Goa Global Expo and Summit 2019

(Past member) — Fri, 12 Apr 2019 22:30:00 GMT

CM Goa invited ICCC for Vibrant Goa Global Expo and Summit 2019

From L to R: Abu Becker, Sunita Vyas, Jagat Shah, Pramod Goyal, Saifullah Khan, Rajkumar Kamat & Devika Penekelapati

Hon. Pramod Sawant, Chief Minister of Goa, invited Indo Canada Chamber of Commerce (ICCC) to lead a delegation from Canada for the upcoming Vibrant Goa Global Expo and Summit 2019. ICCC organised a Roadshow for the promotion of upcoming Vibrant Goa Global Expo and Summit 2019 (VG GES 2019) to be held from 17 to 19 October 2019 in Goa, India. The road show was organised in collaboration of Vibrant Goa. A delegation under the leadership of Dr. Jagat Shah came from Goa to brief the ICCC members for the upcoming mega event.

Mr. Pramod Goyal, President ICCC, thanked the Chief Minister of Goa Mr. Pramod Sawant and welcomed the delegation at the ICCC office. Mr. Goyal said that During ICCC’s India Mission visit to Goa, ICCC explored the new opportunities available for Canadian businesses to engage with the Goan business community. In order to take this relationship to next level, the chamber signed Memorandum of Understanding with Goa Chamber of Commerce & Industry (GCCI), Goa Technology Association (GTA) and Travel and Tourism Association of Goa (TTAG). India Mission delegation also met a number of prominent decision makers in Goa including Goa Revenue & IT Minister Hon. Rohan Khaunte. Mr. Goyal assured all the support from the ICCC to the Vibrant Goa Summit.

Mr. Saifullah Khan, Consul Commercial, Consulate General of India in his keynote address said that India’s GDP growth rate is over 7% which is highest in the world. Manufacturing sector is getting promoted in the light of Indian government initiatives such as ‘Make in India’ and ‘Start up India’. There are a number of opportunities available for the Canadian investors and businessmen to explore Indian market.

Speaking on the occasion, Dr. Jagat Shah, leader of the delegation and Mr. Rajkumar Kamat in a joint presentation said that Vibrant Goa 2019 is organized by Vibrant Goa Foundation in partnership with Global Network and BNI and in association with Goa Chamber of Commerce & Industry, Goa State Industries Association and Goa Technology Association. Make in India is the manufacturing partner of Vibrant Goa 2019. The initiative is supported by Government of Goa, India. VG GES 2019 will be one of a kind display expo; something that has never been witnessed by the people of Goa and its industry. This display shall be sharing all the developments, newer projects and vision of growth. Vibrant Goa 2019 is based on the Vibrant Gujarat model which brings together global business leaders, investors, corporations, thought leaders, policy and opinion makers to understand and explore business opportunities. The key focus sectors of the summit are Agro and Food Processing, Emerging Technologies, Construction Equipment’s, IT (Information Technology), Light Engineering, Medical Tourism, Pharma and Biotech, Startups and Start-up Institutions, Ship Building, Education, Building Materials, construction and Real Estate, Film & Entertainment, Tourism and wellness etc.

For detail please click here for the presentation.

Key highlights of Vibrant Goa 2019:

Goa Expo
Business to Business B2B and Business to Government B2G Meeting
Knowledge Sharing Seminars on countries & sectors
Technology Transfer proposals
Opportunities of Investment and Joint Ventures
MoU signing with International Chambers
Company Site visits
Goa Shopping Festival
Guinness Book World Record attempt for largest Feni Drink (Cashew Liquor

The event was introduced by Ms. Sunita Vyas, Vice President Events & Programs and vote of thanks was delivered by Ms. Devika Penekelapati, Vice President & Corporate Secretary. Mr. Abu Becker, Vice President Finance and Mr. Dharma P Jain, Past President of the Chamber were also present at the roadshow.

City of Mississauga: Scaling New Heights

(Past member) — Mon, 18 Mar 2019 22:30:00 GMT

City of Mississauga: Scaling New Heights

The State of the City Address

by Her Worship Bonnie Crombie, Mayor of Mississauga

Mayor Crombie delivers 2019 State of the City Address

"We are strengthening the foundation to build Mississauga for the future generations," Mississauga Mayor Bonnie Crombie said during her 2019 State of the City Address delivered at the Indo-Canada Chamber of Commerce (ICCC) on 18th March 2019.

“Mississauga will inspire the world as a dynamic, global city bursting with creativity and innovation. A vibrant, safe and inclusive city where we celebrate our rich diversity and cultures. A City that is open for business and that attracts top talent and investment from around the world. Mississauga will continue to be a place where people choose to live, work and raise a family and where businesses thrive for generations to come,” Mayor Crombie said.

She said that, “we are a place where people choose to live and work and where businesses want to invest and innovate.”

“Mississauga is working as a magnetic city, attracting investment globally,” Crombie said.

Highlights of Mayor Bonnie Crombie’s City Address at the ICCC:

Mississauga is preparing for the jobs of tomorrow, not the jobs of today
City is the second largest cluster of employment next to Toronto and outpacing other cities in the GTA.
Mississauga is home to Canada’s largest Airport
It holds ‘AAA’ credit rating from Standard & Poors (S&P) 15 years in a row, it helps the businesses to build more confidence in the city.
City have over 1400 multi-national firms and 91,000 businesses out of which 95% are small businesses
Diversity is key to the success of businesses in the city with over 145 languages spoken
City is home to 75 Fortune 500 companies and 66 Fortune Global 500 Companies
Over 70% of the workforce population have post-secondary education
City is well connected by 7 major highways
Projected nearly $55 million in savings of tax dollars over the past decade
As a City, we will also need to handle the explosive growth we will experience in the next twenty years, when we will have nearly 900,000 people living in our City as compare to 800, 000 at present.
Mississauga downtown will be having 25 new buildings, twelve million potential square feet of new office space and Hurontario Light Rail Transit (LRT) from north to south spine of transit system. Over 3800 businesses and 78000 jobs rely on this line today.

“This year, we reached a major milestone by not only meeting but exceeding our goals, bringing the total amount raised since I first started the food drive four years ago to 1 million dollars and 1 million pounds of food”, said Mayor Crombie

Mayor Crombie concluded “I will continue to make attracting business to Mississauga, my business.”

In her remarks, ICCC Vice President Devika Penekelapati informed the Mayor of Mississauga that the ICCC is planning a major event in the next couple of months – the SME Expo that will showcase the businesses of Canadian small businesses and simultaneously focus on pertinent issues pertaining to small businesses through panel discussions involving specialists and experts.

ICCC President Mr. Pramod Goyal welcomed Mayor along with other present and past board members Mr. Abu Becker, Ms. Sunita Vyas, Mr. Rakesh Joshi, Mr. Chirag Shah, Mr. D P Jain, Ms. Asha Luthra, Mr. Harjit Kalsi, Mr. Jagdish Bajaj and Mr. Pappur Shankar. The event was well attended by the ICCC members and stakeholders.

ICCC board with Mayor Crombie

Mayor Crombie with the ICCC members

New India Chapter to Boost Bilateral Trade Ties, Says ICCC President Pramod Goyal

Fri, 15 Mar 2019 15:30:00 GMT

https://www.thecanadianbazaar.com/our-india-chapter-to-boost-bilateral-trade-ties-says-iccc-president-pramod-goyal/

Coffee Board of India delegation interacts with ICCC members

(Past member) — Tue, 12 Mar 2019 17:00:00 GMT

Coffee Board of India delegation interacts with ICCC members

Meeting in progress

Toronto: Indo Canada Chamber of Commerce met the visiting Coffee Board of India delegation at the ICCC headquarters on 12^th March 2019. The delegation was led by Mr. N. N. Narendra, IOFS, Director of Finance, Coffee board, Ministry of Commerce & Industry, Government of India. Delegation visited Canada for the promotion of Indian Coffee Products. India is one of the largest exporter of coffee to Europe and Italy is the largest importer of Indian Robusta Coffee. The delegation was exploring the opportunities for exporting the coffee to Canadian market as Canadians are one of the highest consumers of per capita coffee.

In his detailed presentation, Mr. Narendra said that India is the Seventh largest Coffee producer in the world, produces 3.16 lakh MTs of the worlds’ best Sustainable and Scintillating Coffees. Coffee in India is grown in different geographies, under varying degrees of altitudes and rainfall. These differences bring subtle but exciting variations to the flavour Indian Coffee. Indian coffee is grown under the canopy of two-tier mixed shade, handpicked, sun dried, grown at altitudes above 1000m, nurtured by rich soils, mountain streams and filtered sunlight with diverse ecosystem with rich flora and fauna and it is Eco-friendly. Indian coffee beans are dense, full bodied, and slightly acidic with exciting aroma.

India also produces some specialty coffees such as Monsooned Malabar Coffee, Mysore Nuggets, Robusta Kaapi Royale etc. India also do have world class infrastructure to provide space, product development laboratories for maintaining international standards of the coffee.

Ms. Devika Penekelapati, Corporate Secretary & Vice President ICCC welcomed the delegation and briefed them about the chamber and its activities. ICCC board members Ms. Sunita Vyas and Mr. Rakesh Joshi were also present along with ICCC past Presidents Mr. Sanjay Makkar and Mr. D P Jain.

Please click the following for details of Indian Coffee

ICCC Celebrates its eighth International Women Day

(Past member) — Fri, 08 Mar 2019 23:30:00 GMT

ICCC Celebrates its eighth International Women Day

Nourishment 101: Healing, Motivation & a Sprinkle of Indulgence

From L to R: Devika Penekelapati, Shibani Sahney, Seema Bhatia, Sunita Vyas, Allison Graham, Yuvika Wadhwa, Mini Khurana & Anu Kalra

Indo-Canada Chamber of Commerce’s (ICCC) Women Entrepreneurs and Professionals (WEP) Committee celebrated International Women Day on the subject ‘Nourishment 101: Healing, Motivation & a Sprinkle of Indulgence’ on March 8th at the Avani Event Centre in Vaughan. Members of the ICCC, its stakeholders and supporters gave a stupendous reception to the program by participating in large numbers.

ICCC invited Ms. Seema Bhatia an Ayurvedic Practioner, Ms. Yuwika Wadhwa, owner Protein Chefs and Ms. Allison Graham, a motivational speaker from Resiliency Ninja. All the three eminent speakers enlightened the audience on the subject.

Ms. Devika Penekelapati, Vice President & Corporate Secretary ICCC in her welcome remarks said that ‘Think Equal, Build Smart, Innovate for Change’ is the United Nations theme for 2019 International Women Day which reflects that still a lot more efforts are needed for women leaders to be smart and innovative in generating new ideas for changing the old fashioned perceptions of the male dominated society to think on equal terms. She further said that International women's day has been celebrated since 1975 internationally but the ICCC started celebrating it since 2012 with the formation of Women Entrepreneurs and Professional Committee.

Ms. Seema Bhatia in her address to the gathering said that a healthy food is need of the body and soul. She correlated the Yoga and Ayurveda for the healthy life style and said that both go side by side.

Ms. Bhatia is a proponent of Ayurvedic diet, lifestyle and yoga in our daily lives and is tirelessly trying to create momentum for Regulation of Ayurveda in Canada. She is committed towards the cause of health in Mind, Body and Soul.

Ms. Yuvika Wadhwa from Protein Chefs in her brief remarks advocated the importance of healthy and nutrition rich food. She is specialized in healthy, nutritious meals that is delivered from their commercial kitchen to homes and offices.

She had expanded her food business to serve across Ontario with a goal to serve maximum people with healthy and balanced meals.climb.

Ms. Allison Graham, keynote speaker of the evening from Resiliency Ninja said that a motivational person can live a life happily despite of numerous challenges he faced in day to day life. She explained her developed relatable, actionable, easy-to-apply tools to master resilience. Allison believes that everyday resilience has a more significant impact on your overall quality of life compared to Big-R-Resilience during traumatic life events or milestone physical pursuits. Climbing the mountain presents obstacles, but the true test on your path to success is how you navigate the day-to-day after the big

Mini Khurana, Chair, WEP Committee, exclaimed, “This is one of the best WEP event we’ve organized since we formed the Committee eight years ago. She applauded the managing committee members Anu Kalra, Shibani Sahney and Paluck Sharma for their strong support and involvement in making this program such a grand success.

ICCC Members with the Speakers

Canada - India collaboration in the mining sector

(Past member) — Mon, 04 Mar 2019 23:30:00 GMT

Canada - India collaboration in the mining sector

India's mining Secretary Shri Anil Mukim visits PDAC with a Big Delegation

Hon. Anil Mukim, Secretary Mining with Consul General Dinesh Bhatia,

members of the Indian delegation with ICCC Board members

The Indo-Canada Chamber of Commerce (ICCC) in collaboration with the Consulate General of India in Toronto hosted a business reception in the honour of Visiting Mining delegation for PDAC under the leadership of Mr. Anil Mukim, Secretary, Mining Government of India on 4th March 2019.

The delegation is visiting Canada to participate in the annual PDAC International Convention, Trade Show & Investors Exchange held in Toronto. Mr. Anil Mukim, Secretary, Ministry of Mines, Government of India is leading a high-powered delegation comprising India’s public sector mining companies as well as senior-level government of India officials.

The reception was attended by the Indo-Canadian business community of the Greater Toronto Area and the Indian diplomatic corps.

Speaking on the occasion Mr. Mukim applauded the role of ICCC in promoting the Canada India relations since last four decades. He said that the mining sector is a priority area for the Indian government and the use of latest technology will bring further transparency and better monitoring in the mining sector. He emphasized that the Modi government has already accomplished a lot so far but there is always more scope for doing better and fast work, as contribution of the mineral sector towards the growth of the GDP is significant and has to be improved further in collaboration with the States.

The Consul General of India in Toronto Amb. Dinesh Bhatia in his remarks said that Canada and India can help each other in the mining sector by utilizing existing synergies in the sector. Canada can provide both investment avenues for Indian companies as well as technological knowhow to Indian companies in the sector.

He listed the minerals in which Canada leads the world, and said that India, in its quest of rapid development, needs all these minerals.

Ms. Devika Penekelapati, Vice President of the Indo-Canada Chamber of Commerce (ICCC), in his welcome remarks, said that in the mining sector, our journey of cooperation began a decade ago when during India and Canada Foreign Office Consultations held in Ottawa in December 2008, the Indian side conveyed its interest for a broader MoU on Mining between the two countries. The specific areas of interest for India include potash, urea, gold, diamonds, oil and gas, uranium, clean coal technology, mining prospecting technology, etc. A MoU between the India’s ministry of mines, and Canada’s department of natural resources, concerning cooperation in the field of earth sciences and mining was signed in 2010 in Toronto. She added, “Over the last decade, several significant developments have occurred in the mining sector both in Canada and in India, and it would be necessary to keep in mind these developments while charting the future course of cooperation between our two economies in this sector.

Mr. Pappur Shankar, Chair of the ICCC's Mining Committee introduced the event to the audience and welcomed the delegates. Several past presidents of the Chamber and member of the incumbent board members were present at the event.

Sunita Vyas, Devika Penekelapati, Anil Mukim and Dinesh Bhatia

Audience at the event

ICCC Organized an Informative Session on Federal Government Contracting and Intellectual Property Services

(Past member) — Tue, 12 Feb 2019 23:30:00 GMT

ICCC Organized an Informative Session on Federal Government Contracting and Intellectual Property Services

From L to R: Rakesh Joshi, Devika Penekelapati, Chirag Shah, Menelaos Argiropoulos, Darlene Carreau, Prmaod Goyal & Sunita Vyas

Indo Canada Chamber of Commerce organised an event on Federal Government Contracting and Intellectual Property Services for Small and Medium Businesses on Tuesday 12 February 2019. The event enlightened the members regarding protecting their Intellectual Rights and how they can do Business with the Government of Canada.

		Mr. Pramod Goyal, President ICCC in his welcome remarks said that the ICCC is working hard to promote its mandate for disseminating latest information on Small and medium Businesses developments and how they can get benefit from these programs. He also said that ICCC is leading its eighth India Mission 2019 from 17th to 24th February 2019 covering Chandigarh, New Delhi, Chennai, Panaji and Hyderabad. He also informed the members that ICCC is launching its India Chapter in New Delhi during the upcoming business mission.

		Ms. Darlene Carreau, Director General of Business Services at the Canadian Intellectual Property Office (CIPO) in her presentation said that small businesses are having an important role in the development of the economy so they should be aware how to protect their Intellectual Property (IP). She said that 27% of SMEs hold formal IP (2% patents, 9% trademarks and 1% ID), 78% of SMEs indicate that they are familiar with at least one type of IP so the awareness is must for SMEs. Of the 31% of companies that innovate, around half hold formal IP. SMEs should take this seriously as it can give them an edge over the competition to build a reputation and goodwill with the clients. Additionally, CIPO isresponsible for designing and delivering a suite of IP products, training tools and services to raise awareness among small and medium-sized businesses, entrepreneurs and innovators to bolster innovation, competitiveness and long-term growth. For presentation details please click here


		Mr. Menelaos (Manny) Argiropoulos, Chief,SME Stakeholder Engagement, Public Services and Procurement Canada (PSPC) – Officeof Small and Medium Enterprises (OSME) in his detailed presentation said that information and correctknowledge is key to success for getting into the business with the Governmentof Canada. He provided detailed information on understanding the procurement process,registering as a supplier, security screening, building relationships, biddingon opportunities available for SMEs and information on the build in CanadaInnovation Program. For presentation details please click here

The event was well attended by members despite of winter storm. Mr. Chirag Shah introduced the event to the audience. ICCC board members Ms. Devika Penekelapati, Ms. Sunita Vyas and Mr. Rakesh Joshi were also present at the event.

Our sponsor, Telus not only sponsored the refreshments for the event, but also, gave away a smartphone in a raffle prize draw.

ICCC announces new Initiatives; to Open India Chapter

(Past member) — Tue, 15 Jan 2019 23:30:00 GMT

ICCC announces new Initiatives; to Open India Chapter

High Commissioner, Mayor Brown Applaud Chamber's work at New year 'Meet & Greet' Event

From L to R: Amb. Dinesh Bhatia, H.E. Vikas Swarup, Mr. Pramod Goyal & Mayor Patrick Brown

Toronto: Indo-Canada Chamber of Commerce (ICCC) organised an exclusive ICCC New Year Meet and Greet at The Vue, at the Royal Woodbine Golf Course on 15 January 2019 to announce new initiatives during 2019 in the presence of ICCC’s key stakeholders and sponsors.

The Chief Guest at the event was His Excellency Vikas Swarup, High Commissioner of India to Canada. Amb. Dinesh Bhatia, Consul General of India in Toronto and His Worship Mayor Patrick Brown, City of Brampton joined as special guests at the event.

ICCC President Mr. Pramod Goyal welcomed all the guests and acknowledged the ICCC’s sponsors. Mr. Goyal also welcomed the ICCC’s newly joined sector sponsor Raymond James Ltd at the event. Mr. Goyal shared his vision and announced several new initiatives that ICCC is taking to further augment member and stakeholder engagement and accelerate promote Canada India bilateral trade & commerce. Addressing the gathering, ICCC President also declared a new team for the office of President to help the chamber in achieving its goals. Amb. Praveen Verma (Retd.), Special Advisor - Government Affairs, Mr. Surinder Sharma, Special Advisor - Partnerships & Strategic Alliances, Mr. Sanjay Chadha, Special Advisor - Fundraising & Sponsor Engagement, Mr. Ashutosh Chauhan, Special Advisor - Business Growth Initiatives, Mr. Sarbjeet S Arora, Advisor - Memberships & Special Events. Ms. Sumeet Dhanju-Dhillon, Special Advisor - Legal Affairs, Mr. Vijay Thomas, Advisor – Information Technology and Mr. Anil Arora, Advisor - Affinity Programs. The team will help in formulating the ICCC vision and roadmap to achieve those goals in a specified time period.

He also announced that ICCC is working to start a chapter in New Delhi, India very soon. Permanent presence of ICCC in India will help in promoting its mandate in the Indian subcontinent.

His Excellency Vikas Swarup, High Commissioner of India in Canada and the Chief Guest of the evening applauded the ICCC’s work in the promotion of Canada India business and commercial relations since last 41 years. He also shown his happiness in the new chapter of the chamber in New Delhi, India. He said that the permanent presence of the chamber will help in sustaining its operations in India. It will also be helpful for the chamber to arrange the reciprocal visits of business delegations.

He also suggested the ICCC to strengthen its secretariat for the sustainability in its programs and assured all the help from his office.

Mr. Dinesh Bhatia, Consul General of India appreciated ICCC.

He said that the office of the Consulate General working closely with the ICCC in the promotion of Canada India bilateral relations and will be continuing to do so in the future as well.

His worship Mayor Patrick Brown, City of Brampton said that he is a great friend of chamber and the City of Brampton is its corporate member. He further said that he worked closely with the chamber and always supported its activities. In the past he attended a number of ICCC led India Missions. He is planning to partner with the ICCC for his upcoming visit to India in February 2019.

ICCC board members Ms. Devika Penekelapati, Mr. Abu Becker, Ms. Sunita Vyas, Mr. Rakesh Joshi and Mr. Chirag Shah were also present along with past presidents and board members of the chamber. ICCC sponsors representatives from Turkish Airline, TD Bank, Crown Group of Hotels, SBI Canada Bank, Peter & Paul, RBC Royal Bank, CPA Ontario, Seneca, Raymond James Ltd, Y-media and Weekly Voice were also present.



ICCC board with Vikas Swarup, Dinesh Bhatia & Mayor Patrick Brown		Audience at the event


Audience at the event		Audience at the event

Doing Business in India: Opportunities for Canadian IT Firms at GlobalSoft

(Past member) — Thu, 13 Dec 2018 23:30:00 GMT

Doing Business in India: Opportunities for Canadian IT Firms at GlobalSoft

Mr. D. K. Sareen, CEO Global Soft, Counsel General Amb. Dinesh Bhatia, ICCC President Pramod Goyal and Mr. Nalin Kohli, Chairman, GlobalSoft

Indo Canada Chamber of Commerce and Consulate General of India in Toronto Jointly organised an informative session on Global Soft 2019 at the ICCC office on Thursday December 13, 2018. Mr. Nalin Kohli, Chairman of Indiasoft and Mr. D.K Sareen, CEO of Indiasoft came all the way from India to interact with the ICCC members.

Mr. Pramod Goyal, President ICCC in his welcome remarks said that Information technology is accelerating its growth in the all the fields. India is a major player in the sector as it is the largest exporter of software in the world and still growing. He quoted that, “as per NASSCOM IT sector revenues were USD $160 billion in 2017, with USD $99 billion in export earnings, and USA accounting for over 2/3rd of the total IT exports.” During Prime Minister Trudeau’s visit to India earlier this year in February 2018, several MOU’s were signed between the two governments and businesses to promote innovation & entrepreneurship, including setting up of ‘Indo Canada Innovation Bridge’, through a Public Private partnership.

Amb. Dinesh Bhatia in his brief remarks applauded the ICCC and its activities in promoting the India Canada trade and commercial relations. He said that the IT sector potential has not been tapped fully and the collaboration has not been reached to the level, it should be.

He referred that the USA is importing over US$63 billion software from India whereas the Canada is only importing over a US$1billion. As per Canadian market size the potential is much more and it can easily cross the US$ 4 billion, he said.

Mr. D. K Sareen, Chief Executive Officer, Globalsoft in his detailed presentation said that by attending the Globalsoft 2019, you can access the potential of trillion dollar digital Indian marketplace in the new and promising areas of Cyber Security, Smart Cities, Health IT, Fintech, Online Education, Analytics, and E-Commerce among others through partnerships with Indian IT companies; distributor and licensing arrangements; value-added reselling; and points of presence etc. As a one-stop point for IT industry from across the globe, the second edition of GLOBAL SOFT 2019 can be the gateway for your enterprise to the vast market of India, the emerging markets of Africa, Commonwealth of Independent States (CIS) and Middle East.

GlobalSoft 2019 offers one-stop access to explore the business opportunities in the IT industry in India.


Amb. Bhatia addressing the members		Audience at GlobalSoft Roadshow

The session was followed by a Q & A session. ICCC board members Ms. Devika Penekelapati, Ms. Sunita Vyas, Mr. Rakesh Joshi and Mr. Chirag Shah were present along with member representatives from several IT firms. Ms. Devika Penekelapati opened the event and introduced Mr. Nalin Kohli to the audience and Ms. Sunita Vyas proposed the vote of thanks.

ICCC Board members with Amb. Bhatia, Mr. Nalin Kohli and Mr. Sareen of GlobalSoft

Mayor Patrick Brown at an interactive session with ICCC members

(Past member) — Fri, 07 Dec 2018 23:30:00 GMT

Mayor Patrick Brown at an interactive session with ICCC members

ICCC President Pramod Goyal welcoming Brampton Mayor Patrick Brown

His Worship Mr. Patrick Brown, Mayor City of Brampton interacted with members of the Indo Canada Chamber of Commerce on 7th December 2018 at an interactive session. This was his first interaction with a business chamber after taking over the charge as Mayor, City of Brampton. Mayor Brown applauded the role of ICCC in fostering the bilateral trade and investment between Canada and India. The Mayor said that since creating jobs tops his agenda, he would take every step to make Brampton attractive for businesses and investors from anywhere, including India, by keeping the cost of doing business in his city low.

Describing Indian and other diaspora communities of his city as its biggest assets, the Mayor said he would use the huge Indian community to pitch his city to businesses in India. "The ICCC can open doors for Brampton in India during their India Missions. I have been India 18 times in 11 years and I will do now as Mayor to pitch Brampton to businesses in India," he said.

Mr. Pramod Goyal, who also took the office of the President of ICCC on the same day as Mayor Brown took the oath said that the Chamber has been building business bridges between the two countries for over four decades. He further said that as the oldest Indo-Canadian business organization with deep reaches within the Indian diaspora, ICCC has successfully harnessed the community’s contribution to the growing bilateral economic relations by becoming a gateway to business and knowledge networks. ICCC President assured all the help and support to City of Brampton, in fulfilling its objectives.

Mr. Goyal also invited the Mayor for joining ICCC for its upcoming India Mission 2019 in January. ICCC board members Mr. Abu Becker, Ms. Devika Penekelapati, Mr. Rakesh Joshi, Mr. Chirag Shah and Ms. Sunita Vyas were also present along ICCC members and Past President's of the chamber.


From L to R, ICCC board members Sunita Vyas, Devika Penekelapati, ICCC President Pramod Goyal, Mayor Patrick Brown, Abu Baker, Rakesh Joshi and Chirag Shah		Audience at the Event

Pramod Goyal elected ICCC's 31st President

(Past member) — Mon, 03 Dec 2018 17:30:00 GMT

Pramod Goyal elected

ICCC's 31st President

Committed for engaging members

Pramod Goyal

Mr. Pramod Goyal was unanimously elected the 31st President of the Indo-Canada Chamber of Commerce (ICCC) on Monday, December 03, 2018, by board members.

Mr. Pramod Goyal is a business strategist and a highly experienced management consultant with over 30 years of experience in founding, managing, and advising growth companies, including strategy consulting, corporate finance, audit, and governance; private equity transactions and venture capital; commercial due-diligence and strategic business relationships. He is currently the President and CEO of Canadawide Financial Corporation Limited, a business advisory, and management consulting firm. In the past, he has held senior roles at Investco, Royal Bank, Scotiabank and Acer Telecom.

He holds a Bachelor of Science degree, and Post-Graduate Diploma in Internal Audit from University of Delhi, and a Master of Business Administration from Northwestern and York University. He is an Associate of the Institute of Canadian Bankers and a member of the Institute of Corporate Directors. He has served on several professional, private and non-profit boards, and committees of various organizations.

ICCC welcomes India Canada track 1.5 Dialogue

(Past member) — Fri, 02 Nov 2018 17:00:00 GMT

ICCC welcomes India Canada track 1.5 Dialogue

Delegation with ICCC Members

Indo Canada Chamber of Commerce (ICCC) hosted Gateway House delegation on 2nd November 2018 at the ICCC office. The delegation was visiting Canada for track 1.5 dialogue. The interactive session witnessed exchange of ideas, suggestions and information between the ICCC and delegates.

Mr. Pranav Patel, president ICCC welcomed the delegation on behalf of the chamber and congratulated them for starting the 1.5 dialogue with Canada. Canada India relations are progressing well but lot more potential avenues can be unlocked between these two countries.

Amb. Dinesh Bhatia, Consul General of India in Toronto said that Consul General is working closely with ICCC in promoting the Canada India bilateral relations in trade and commerce.

Ms. Manjeet Kripalani, leader of the delegation and co-founder of Gateway House said that through 1.5 dialogue they wanted to explore the possibilities of working together with Canada on Energy, Geo-engineering, cyber security, Trade and services, renewable technology collaboration, clean and green environment and economic relations.

Amb. Rajiv Bhatia (Retd) who is working as distinguished fellow with Gateway house said that India-Canada Track 1.5 Dialogue on Innovation, Growth and Prosperity is a three-year initiative between Gateway House: Indian Council on Global Relations and the Centre for International Governance Innovation (CIGI), to explore areas for closer cooperation. Delegation would like to explore the possibility of working together with ICCC, to know the challenges in Canada India relations, and what needs to be done at different levels of government.

Mr. Samir Patil shared his views on cyber security where as Mr. Chaitnya Giri presented research focuses on aqua politics and astro politics, the new-age techno-geostrategy, space and marine industrial complex, and science of space exploration.

India and Canada maintain strong bilateral relations built on the foundation of shared values and healthy economic ties. Economic exchanges between India and Canada are on an upward trajectory, but there are unexplored areas for mutually beneficial growth, especially in light of rapid developments in technology that are changing every facet of the economy and society in both countries.

To address these challenges, our partnership will help to develop policy recommendations, promote innovation and navigate shared governance issues that are integral to the continued growth of India-Canada bilateral relations. India-Canada Track 1.5 Dialogue on Innovation, Growth and Prosperity help to build closer ties between Canada and India to unlock the full potential.

ICCC board members Mr. Abu Becker, Mr. Rakesh Joshi, Mr. Chirag Shah, Ms. Devika Penekelapati, Mr. Pramod Goyal, Ms. Sunita Vyas were also present in the meeting along with other ICCC members. Mr. Saifullah Khan Consul Commercial was also present.

Interactive Session with TPCI

(Past member) — Mon, 01 Oct 2018 22:30:00 GMT

Interactive Session with TPCI

Mr. Makhijani with ICCC members

Indo Canada Chamber of Commerce organised an interactive session with the visiting Joint Director General of Trade Promotion Council of India (TPCI) Mr. Suresh Kumar Makhijani, on 01 October, 2018 for promotion of second edition of INDUSFOOD to be held at Noida, India on 14-15 January 2019. click here for brochure

ICCC President Mr. Pranav Patel welcomed the guests and said that ICCC will help TPCI to promote the mega event with its members. ICCC will also take part in the two days event during the India Mission 2019.

Mr. Suresh Kumar Makhijani in his presentation (click here for presentation) said that INDUSFOOD is India's official, export-focused Food and Beverage Trade fair showcasing the country's best line-up of food & agriculture products to global buyers. The first edition of INDUSFOOD was organized by the Council from 18-19 January, 2018 at Greater Noida (Delhi-NCR) and it was a grand success. The first edition of INDUSFOOD had successfully attracted a 15-member business delegation from Canada (click here to see video of first edition).

Mr. Saifullah Khan, Consul (Commerce) Consulate General of India also applauded the ICCC efforts in promoting the trade and commerce between Canada and India.

ICCC's board members Mr. Pramod Goyal, Mr. Abu Becker and newly elected board members Mr. Chirag Shah and Ms. Sunita Vyas also attended the session along with Immediate Past President Mr. Kanwar Dhanjal.

Session in progress

Pranav Patel elected ICCC's 30th President

(Past member) — Fri, 28 Sep 2018 00:00:00 GMT

Pranav Patel elected

ICCC's 30th President

Committed for engaging members

Pranav Patel

Mr. Pranav Patel was unanimously elected the 30th President of the Indo-Canada Chamber of Commerce (ICCC) Thursday, September 27, 2018, by his colleagues on board. The elections were conducted online and recorded an unprecedented 75 percent participation from the Chamber’s members.

Mr. Patel is one of the youngest president ever. Mr. Patel is a practicing barrister, solicitor and notary public, having outstanding reputation in community at large with enriched experience in public and private sector. He is actively involved with community forums, professional, business & social service organizations, Toronto District School Board, Law Society of Ontario, City of Toronto, and bilateral trade relations at international level.

Mr. Patel speaking about his priorities after becoming the President, said he would endeavour to encourage his team of directors to engage our members and stakeholder. He also said that he would like to take the ICCC to new heights and will enhance the membership of the Chamber.

From L to R: Abu Becker, Pranav Patel, Sunita Vyas, Devika Penekelapati, Pramod Goyal, Chirag Shah

Ms. Devika Penekelapati was re-elected on the board for another two years. Additionally three new directors have also been elected to the board for the first time including Mr. Rakesh Joshi, Mr. Chirag Shah and Ms. Sunita Vyas. The remaining directors, who are currently in the middle of their two-year term, are Mr. Abu Becker, Mr. Pramod Goyal and Mr. Tauseef Sheikh.

The AGM was attended by over 150 members, a majority of whom participated in a lively discussion on all the agenda items including an update on sale of the building by the Corporate Secretary, and a report by the Chamber’s audit committee chair Mr. Imtiaz Seyid.

Ms. Penekelapati, the Corporate Secretary, initiated the meeting and then handed over the proceedings to the chair, Mr. Ajit Someshwar, a former President of the ICCC. Mr. Sanjay Makkar, Past President of the Chamber, oversaw the ballot counting online and declared the results.

Altogether 8 candidates had contested elections for the four vacancies on the board. A number of past presidents, vice presidents, and board members participated in the meeting.

Mr. Kanwar Dhanjal, the outgoing President, thanked his board for making his tenure memorable.

Members at AGM 2018

Book Launch of Mr. Shiv Khera

(Past member) — Tue, 18 Sep 2018 22:30:00 GMT

If you want to stand out, then you need to do something outstanding

Book Launch of Mr. Shiv Khera

From L to R: MPP Deepak Anand, Mr. Shiv Khera, Mr. Kanwar Dhanjal, Amb. Dinesh Bhatia & Mr. Andy Jasuja

Indo Canada Chamber of Commerce (ICCC) in partnership with Sigma Group of Companies organized an event to launch the latest book “You Can Achieve More” of Shiv Khera, the renowned Author, Educationist and Motivational Speaker at the ICCC office on 18 September 2018.

Mr. Shiv Khera, in his address to the ICCC members said that while it is often said that a person with a negative attitude cannot be helped. It is also true that a person with a positive attitude cannot be stopped. Life is an obstacle course in which we can often become our own biggest obstacle, but a positive attitude can be transformed.

Mr. Khera said that in his new book, “You Can Achieve More”, one can effectively learn not only the principles of success but also how to avoid expensive and demoralizing mistakes.

The principles themselves are universal, cutting across country, culture and religion. But practicing them diligently will help you develop confidence and allow your life to become more meaningful and rewarding.

Applying these principles may require a lot of self-discipline and commitment but once learned and applied the results can be rewarding and gratifying.

He further said that principles contained in this book can help one to:

Live by design, not by default
Gain confidence and optimize your potential
Become more proactive and develop a winning attitude
Add meaningful balance to your health, wealth and relationship
Overcome day-to-day problems and enable better decision making
Make more positive life choices and avoid common pitfalls

Amb. Dinesh Bhatia, Chief Guest of the evening launched the book. He said that Mr. Khera changed the life of many leaders in all walks of life and listening to him is always a matter of pride.

Mr. Kanwar Dhanjal, president ICCC welcomed all the guests at the evening. Mr. Andy Jasuja introduced the speaker to the audience.


Mr. Khera with Kanwar, Dinesh & Andy	Mr. Khera with ICCC Board members

Mr. Abu Becker, Vice President ICCC introduced the evening. ICCC board members Ms. Devika Penekelapati, Mr. Nareshkumar N Chavda, Mr. Pramod Goyal, Mr. Pranav Patel, Mr. Pradyuman Jhala and Mr. Rakesh Joshi were present at the evening. ICCC past President Mr. Sanjay Makkar and Mr. Arun Srivastava were also present at the event.

The event was sponsored by Sigma Group of Companies.

Event sponsor:

Participants at the event

WEP Mix & Mingle

(Past member) — Wed, 12 Sep 2018 22:30:00 GMT

WEP Mix & Mingle

From L to R: Gursharan Kandra, Vijeta Tokas, Devika Penekelapati, Shibani Sahney & Anu Kalra

Women Entrepreneurs & Professional Committee of Indo Canada Chamber of Commerce organised a joint Mix & Mingle for women entrepreneurs with Canadian Tamil’s Chamber of Commerce at Frankie Tomato’s on 12 September 2018.

Joint event ICCC WEP with CTCC Attended by over 60 people.This was the second successful event with the CTCC. The joint event was focused to provide a networking platform for women entrepreneurs within the south Asian community.

Ms. Devika Penekelapati, Vice President ICCC welcomed the guests on behalf of the chamber and said that ICCC always pursued the interests of the women entrepreneurs. The event was held at an Italian restaurant Frankie Tomatto’s. President of CTCC Dilani Gunarajah welcomed everyone to the joint event and said that this cooperation with the ICCC is an initiative to promote the women business leaders.

Ms. Shibani Sahney, Chair ICCC’s WEP Committee spoke about the benefits of being a member at ICCC and about the WEP Committee and what they do to help women entrepreneurs. Each member got an opportunity to introduce themselves and speak briefly about their business and profession.

TELUS gave out a Samsung 8 cell phone as a prize at the event. Lucky draw was taken out by Ms. Khushboo from TELUS. Along with Vice President Ms. Penekelapati, Ms. Sahney thanked all the participants.

ICCC welcomes Apparel & Textile delegation from India

(Past member) — Tue, 21 Aug 2018 22:30:00 GMT

ICCC welcomes Apparel & Textile delegation from India

Session in progress

Indo Canada Chamber of Commerce hosted a dinner reception in honor of visiting delegation from Federation of Indian Chamber of Commerce & Industry (FICCI), the Apparel Export Promotion Council (AEPC) and the Wool and Woollens Export Promotion Council (WWEPC) on 21 August 2018. The delegation comprised of apparel and textile manufacturers and traders from India who were in the city to participate in the Apparel Textile Sourcing Canada Expo at the International Centre in Toronto.

Speaking on the occasion Mr. Kanwar Dhanjal, President ICCC welcomed the delegation and said that the Apparel Textile Sourcing is a premier exhibition to meet International apparel, textile, fashion and fabric manufacturers and leaders. It provides a single platform to meet hundreds of international manufacturers, touching the fabrics and fashions first-hand, and hearing directly from industry leaders - all at one convenient destination.

Mr. Sandip Samaddar, Director International Division FICCI said that FICCI is leading this delegation in partnership with the Apparel Export Promotion Council (AEPC), sponsored by Ministry of Textiles, Government of India and The Wool & Woollens Export Promotion Council (WWEPC), an autonomous organisation under the ministry of Textiles, Government of India.

Mr. Mahesh N Sahil Executive Director and Secretary, Wool & Woollens Export Promotional Council, Ministry of Textiles, Government of India briefed the audience regarding the The Wool & Woollens Export Promotion Council which helps Indian exporters in marketing, branding and showcasing “Made in India” products to the world. The council also helps overseas buyers in locating suitable Indian manufacturers and provides information about their technical and production strengths.

Ms. Chandrima Chatterjee Advisor – Research & Policy Advocacy, Apparel Export Promotion Council said that the Apparel Export Promotion Council is mandated to promote, increase and develop exports of all types of ready made garments. AEPC is helping the Indian manufacturers to explore the international market to promote their products.

ICCC board members Ms. Devika Penekelapati, Mr. Pramod Goyal, Mr. Nareshkumar Chavda, and Mr. Sanjay Brahmbhatt were also present. Mr. Pradyuman Jhala introduced the evening to the members. Over 70 participants attended the event which was concluded with a Q & A session.

Participants

ICCC felicitates volunteers

(Past member) — Thu, 16 Aug 2018 22:30:00 GMT

ICCC felicitates volunteers

Celebrating Volunteerism!

Indo-Canada Chamber of Commerce (ICCC) honored its volunteers at the ICCC headquarters on 16 August 2018. Chamber benefits immensely from volunteerism. Right from the committee member who organizes the programs to the President of the Chamber and the board of directors, everyone who has helped built the chamber to what it has become during the last four decades has been, is, and will be a volunteer.

Recognizing volunteers’ contribution to the Chamber is a much awaited annual event. The Indo-Canada Chamber of Commerce celebrated volunteerism by honouring its volunteers and handing out certificates of appreciation. In an important precedent, the Chamber also singled out four volunteers who went above and beyond their responsibilities as committee members and contributed significantly to the Chamber’s multifarious activities.

These outstanding volunteers are:

Vijay Thomas
Gurpreet Bedi
Sanjay Kulkarni
Imtiaz Seyid

Thanks to the contributions of these volunteers, their committees were able to perform exceptionally. They made the Chamber look good.


Gurpreet Bedi		Sanjay Kulkarni


Ajinkya & Mark for Vijay Thomas		Audience at the event

Speaking on the occasion, Kanwar Dhanjal, President, ICCC, said, “The volunteerism contributing n number of hours for the welfare of the society at large. Canadians are among the front runners in giving away volunteer hours in the service of humanity. By working with others, sharing experiences and identifying best practices, one starts to identify key qualities and considers how to develop these qualities in themselves. Serving on Chamber’s committees is a great way to learn about the organization and develop your skills.”

Abu Becker, Vice President, ICCC emceed the program, and emphasized that volunteerism is quintessential Canadian characteristic that has become an integral part of the Chamber’s functioning. He invited all the members of the board who were present at the program – Kanwar Dhanjal, Nareshkumar Chavda, Pramod Goyal, Pranav Patel, Rakesh Joshi, Pradyuman Jhala and himself –to come to the forefront to be acknowledged for their volunteerism for the Chamber.

Immigration of skilled workers to Canada

(Past member) — Wed, 01 Aug 2018 22:30:00 GMT

Immigration of skilled workers to Canada

From L to R: Rakesh Goenka, Kanwar Dhanjal, Jagmohan Nanda & Vasim Shaikh

Toronto: Indo-Canada Chamber of Commerce (ICCC) organised a seminar on hiring temporary foreign workers with Nanda & Associate Lawyers on August 1, 2018 in Mississauga. The focus of the seminar was to address the labour shortage and find and hire the suitable manpower from outside Canada.

Mr. Kanwar Dhanjal President ICCC along with Mr. Jagmohan Nanda welcomed the guests. Mr. Dhanjal said that ICCC is organising such programs to upgrade the knowledge of its members.

Mr. Vasim Shaikh from Nanda & Associate Lawyers gave a detailed presentation on hiring the foreign skilled workers. He said that Temporary Foreign worker program for Canada is in place to help Canadian employers bring temporary foreign workers with the help of Service Canada and Citizenship and Immigration Canada. As a business owner, you may have experience difficulties in finding right skills and to keep workers in order to grow your business. These challenges are overwhelming particularly if your business is dealing with skilled trades. Despite trying to hire Canadian workers, sometimes business owners are left with no choice but to hire a temporary foreign worker.


Nareshkumar Chavda	Kanwar Dhanjal	Linda Starova	Jagmohan Nanda	Vasim Shaikh

He further said that Temporary Foreign Worker Program (TFWP) is essential to the survival of many small businesses. The TFWP allows you to hire a worker from abroad to fill a temporary position when a Canadian worker isn’t available. While the TFWP is designed to temporarily fill gaps in your workforce, it is often used to fill permanent positions that employers consistently have trouble filling. This is why it is important for employer to find a permanent solution to labour shortages, especially for employers who need low- and un-skilled workers.

Mr. Nareshkumar Chavda introduced the evening to the audience. Over 70 business owners attended the event.

ICCC Signed MoU with MBOT

(Past member) — Wed, 25 Jul 2018 23:30:00 GMT

ICCC Signed MoU with MBOT

From L to R: Ranjeet Mehta, Nareshkumar Chavda, Pradyuman Jhala, Abu Becker, Brad Butt,

Kanwar Dhanjal, Saifullah Khan, Sanjay Brahmbhatt, Pranav Patel & Ajay Tandon

Indo-Canada Chamber of Commerce (ICCC) President Mr. Kanwar Dhanjal signed Memorandum of Understanding (MoU) with the Mississauga Board Of Trade (MBOT) represented by Mr. Brad Butt at the ICCC headquarter on 25 July 2018. The Mississauga Board of Trade (MBOT) proactively serves the interests of its members and the business community in the City of Mississauga through advocacy and business development; and is a progressive and relevant business organization serving as the ‘Voice of Business’ in local and international markets.

ICCC and MBOT will work together to identify and explore business opportunities between India and the Mississauga business community and beyond; including joint ventures, strategic alliances and technology transfers. Both the organisations will promote direct linkages between MBOT and ICCC business members. Advocates to the Canadian government on policies that hinder the development of business linkages between Indian and Canadian companies. Provide a platform for networking, exchanging ideas and information and advancing the interests of the ICCC and MBOT. ICCC and MBOT will work collaboratively with Government to address members’ needs and the trade related barriers they encounter from time to time.

Mr. Saifullah Khan, Consul Commercial and Dr Ranjeet Singh, Principal Director PHDCCI were also present at the signing ceremony along with ICCC’s Vice President Mr. Nareshkumar Chavda and Mr. Ajay Tandon. ICCC Directors Mr. Abu Becker, Mr. Sanjay Brahmbhatt, Mr. Pranav Patel, Mr. Pradyuman Jhala were also present at the ceremony.

India is open for business and investment

(Past member) — Wed, 25 Jul 2018 22:30:00 GMT

India is open for business and investment

ICCC board with the delegation

Indo Canada Chamber of Commerce hosted a business delegation led by Dr. Ranjeet Mehta, Principal Director PHD Chamber of Commerce and Industry for an interactive session with the members of ICCC. ICCC’s MoU partner PHD Chamber of Commerce and Industry, is a proactive and dynamic national apex chamber, working at the grass-root level and with strong national and international linkages. It acts as a catalyst in the promotion of industry, trade and entrepreneurship. The visiting delegates represent sectors such as IT, AI & Automation, Advanced manufacturing, Education (Ties with Universities/colleges), Agricultural Products & Research, Food Processing, Renewable Energy etc.

Mr. Kanwar Dhanjal, President ICCC welcome the delegation and said that the time has come to rethink for doing business with India as at present it is not up to its full potential. Canada needs India more than India needs Canada. The Indian diaspora in Canada can play a very robust role as bridge builder to take the commercial ties to a different level. Canadian entrepreneurs can collaborate and cooperate with their Indian counterparts in developing ties in Indian hosiery, education and skill development, engineering outsourcing and advance manufacturing.


Dr. Ranjeet Mehta		Dr. Mehta, Mr. Dhanjal with others

Speaking on the occasion Dr. Ranjeet Mehta, Principal Director PHDCCI said that India is the fastest growing economy of the world now and is open for business. India’s growth is generating new opportunities for businesses to invest in India. As developing economy (over 7% Annual GDP growth) it needs more power. Indian government set a target to achieve over 175 GW of power through renewable energy resources by the year 2022. Canada do have a robust technology in the sector which can be helpful for India. He invited the Canadian entrepreneurs to join hands with their Indian counterparts and invest in the sectors such as food processing, infrastructure development, cold chain management and housing market.

Dr. Mehta also invited the ICCC to lead a delegation in Punjab International Trade Expo (PITEX). The 13th Edition of Pitex 2018, Signature event of PHD Chamber of Commerce & Industry, will be held at Amritsar from 7-11 December 2018. The conclave and Exhibition will open new avenues of networking and scaling up of business in Punjab.

Mr. Saifullah Khan, Consul Commercial assured all types of help for the promotion of trade and commerce ties between the two countries. ICCC’s Vice President Mr. Nareshkumar Chavda and Mr. Ajay Tandon. ICCC Directors Mr. Abu Becker, Mr. Sanjay Brahmbhatt, Mr. Pranav Patel, Mr. Pradyuman Jhala were also present at the ceremony along with ICCC members.

ICCC & CTCC Women Entrepreneurs Network

(Past member) — Wed, 18 Jul 2018 22:30:00 GMT

ICCC & CTCC Women Entrepreneurs Network

From L to R: Shibani, Kanwar, Gugni, Dilani & Ajay

On Wednesday, July 18th, 2018 the WEP Committee of Indo Canada Chamber of Commerce and Canadian Tamils' Chamber of Commerce joined together to host a networking event for women entrepreneurs.

Mr. Kanwar Dhanjal President ICCC and Ms. Dilani Gunarajah, President CTCC welcomed the guests at the event and shared a common view of promoting women entrepreneurs.

The event also had three guest speakers.

Anne Wootten, choreographer and theatre director who spoke about presentation skills and proper networking etiquettes that help in the promotion of businesses.

Gugni Gill, a well-known Punjabi actor/director, politician and philanthropist, spoke about the importance of women empowerment in the contemporary society. Women comprise of half of the total population so they should come forward in all the sectors and show the world that there is more to women than just a pretty face.

Susan Sommers, a health and fitness expert, discussed the benefits of nourishing your mind, body and soul. A good health is essential for all the human beings for excelling and enjoying the life.

The event was closed with the amazing dance performance by Kala Kalalaya Performing Arts.

Appetizers and the spectacular dinner for the evening was served by renowned Chef Ramanna and his team.

Participants at the event

ICCC's 20th Charity Golf Classic

(Past member) — Tue, 26 Jun 2018 14:58:02 GMT

ICCC's 20th Charity Golf Classic

Funds raised for Mackenzie Health Foundation

Venki Raman from CIBC & Mayor of Milton Gordon Krantz presenting the Trophy to the winning team

Charity for Mackenzie Health Foundation

ICCC had a successful 20th Indo-Canada Chamber of Commerce’s Charity Golf Classic tournament at the Graystone Golf Club in Milton on Tuesday June 26.

The annual golf event is a traditional meeting place for the veteran and the new members of the Chamber. In fact, some members are regulars at the golf event, and participate in the tourney because the Chamber contributes the proceeds to a charity. This year, the ICCC raised funds for Mackenzie Health Foundation. The tournament was an overwhelming success with nearly 100 enthusiastic amateur golfers having a great time.

The team comprising Avtar Brar, Indy Brar, Mohinder Singh and Bhinder Singh won the tournament. Kanwar Dhanjal, President, ICCC, Venki Raman Vice President CIBC, Mayor of Milton His Worship Gordon Krantz and Sanjay Makkar, Chair Golf Committee presented the winning team with the rotating trophy.

Speaking on the occasion, Kanwar Dhanjal emphasized that the Chamber has taken important measures to engage the business community to ensure accountability and rapid growth of chamber. Talking about his team’s efforts, the ICCC President said, “We have a great successful business Expo in November which was attended by over 300 Indian business delegates and Annual Gala 2018 early this month and provided great value to our members and stakeholders.”

PHDCCI Agro Food Delegation Visited ICCC office

(Past member) — Tue, 19 Jun 2018 18:00:00 GMT

PHDCCI Agro Food Delegation Visited ICCC office

Indo Canada Chamber of Commerce hosted the delegation led by Dr. Ranjeet Mehta, Principal Director, PHD Chamber of Commerce & Industry on 19 June 2018 at the ICCC office. The delegation members do have a very successful interaction with the members of ICCC. The delegation was focusing on sectors such as LED lighting, energy efficiency and farm processing.

ICCC Celebrated its Annual Awards& Gala Night 2018

(Past member) — Sun, 17 Jun 2018 22:30:00 GMT

ICCC Celebrated its Annual Awards& Gala Night 2018

Rise of Digital Era: Excellence in Changing Time

2018 Award winners, ICCC leadership and VIP guests


Kanwar Dhanjal		Ahmad Hussen

Vikas Swarup		Gordon Bacon


Nareshkumar Chavda		Ajay Tandon

Insightful speeches by Hon. Ahmed Hussen, Canada’s Minister for Immigration, Refugee and Citizenship; His Excellency Vikas Swarup, the High Commission of India to Ottawa; Gordon Bacon, CEO, Pulse Canada; top-of-the-line entertainment full of evocative pyrotechnics that bowled over and dazzled the audience marked the 26th Annual Awards and Gala Night of the Indo-Canada Chamber of Commerce.

The theme of the evening was the Rise of Digital Era: Excellence in Changing Time set the tone for the evening as every speaker emphasized the urgent need for humanity to understand and adjust to the rapidly expanding digitalization of our world.

Chief Guest for the evening, Minister Hussen in his remarks, emphasized the growing influence of the Indo-Canadian community in Canada and its contributions in all spheres of the Canadian society. High Commissioner Vikas Swarup said that Canadian Prime Minister Justin Trudeau’s recent visit to India had positively transformed the bilateral relations between Canada and India.

In his keynote address, Gordon Bacon, the CEO of Pulse Canada, emphasized the need for cordial relations between Canada and India on trading of pulses. Over the last three years, Canadian exports to India averaged over 2 million tons of pulses each year for an average value of $1.2 Billion dollars/year. Pulse trade has been the economic driver in Canada’s export business with India.

Canada accounts for more than one-third of global pulse trade. For many years, 50 percent of India’s pulse imports came from Canada because Canada is a cost competitive supplier, and has the range of quality at the range of prices and pulse products that India has required.

Mr. Kanwar Dhanjal, President, ICCC said that the Annual Awards have been legendary and those honored with the awards acquire not just momentary fame and glory but also lasting recognition of their achievements. About the theme, he said, “Digitalization is changing our world and we have yet to comprehend its ramifications in totality. It is changing the way we work, communicate, spend leisure time and relax.”

The highlight of the evening was, of course, the award ceremony when 10 Indo-Canadians were honoured for their achievements. The 2018 ICCC Annual Award winners who were honoured are:

Female Entrepreneur		Male Entrepreneur
Reetu Gupta COO,Easton’s Group of Hotels		Suneet Singh Tuli CEO, Datawind Inc
Male Professional		Young Achiever
Dr. Rajiv Midha Professor,Department of Clinical Neurosciences, University of Calgary		Abhishek Jain Student University of Waterloo
Technology Achievement		Corporate Executive
Parth Patel CEO Sys Creations Inc		Atul Tiwari ManagingDirector, Vanguard Investments Canada Inc
Humanitarian		Lifetime Achievement
Haresh (Mike) Mehta CEO, Eximcan Canada		Dr. Sadhna Joshi Associate Professor, University of Toronto
Member of the Year		President Award
Chirag Shah Director, Shubtech Inc		RoseannO’Reilly Runte President& CEO, Canada Foundation for Innovation

The evening is the coming together of members, stakeholders, sponsors of the ICCC and included members of the Advisory Board, the Board of Directors, the Past Presidents and other supporters of the Chamber.

ICCC's Sponsors

ICCC stakeholders with Guests

US tax & trade reforms will affect Canadian jobs: Roy Mendes

Thu, 17 May 2018 22:00:00 GMT

US tax and trade reforms will affect Canadian jobs: CIBC’s Roy Mendes

ICCC and CIBC teams

The Indo-Canada Chamber of Commerce (ICCC) in collaboration with the CIBC organised the annual state of the economy talk at the Courtyard by Marriott in Brampton on May 17. Roy Mendes, Director and Senior Economist, CIBC made a presentation on global economic trends.

In his introductory remarks, Kanwar Dhanjal, President, ICCC, said that the relationship that the ICCC and the CIBC have developed over the years has benefitted both the institutions. Venki Raman of the CIBC in his remarks welcomed the CIBC clients, the ICCC members, and other guests to the program. He said the CIBC was proud to be ICCC’s lead sponsor.

Roy Mendes in his presentation covered the global economy and focused on specific areas of the Canadian economy. The global economy has experienced 3.6 % growth and Canada has experienced 3 % growth. “We have come all the way back from the days of recession. We may have a little less growth in the future,” he said.

Speaking about the upsurge in the US economy, Mendes said, the economic expansion has been one of the largest and most sustained. In terms of the GDP per capita, we will have a couple of good years before we hit recession again. It will be in 2020 when we get a headwind from fiscal and monetary policies.

This is now the second largest expansion in the US history. Donald Trump’s recent tax reformation and tax cut will be fuel of growth and the tax cut is the eighth largest tax cut in US history. The growth impetus is good. But while the US economy will definitely improve, it will in fact give rise to a larger trade deficit, and that may lead to a more drastic line on trade policy by the US President.

He said that it is estimated that nearly three quarters of a million to a million Canadian jobs would be lost to the US economy because of the US tax and trade policy reforms.

CIBC team

About the ongoing tariff war between the US and China, Mendes said, the $150 billion tariff on Chinese imports by the US will lead to retaliatory action by China on US imports. For instance, the import tariff on soya beans that China has levied on US imports. This will give rise to an opportunity for Canada.

Speaking about the predominant sector of the Canadian economy, Mendes said, “What we are facing in the oil and gas sector in Canada is a constraint in terms of both capacity and investments. We may not be doing too well in the next two years.”

He said the volatility in oil prices will continue but it won’t necessarily help Canada. Even if the US imposes fresh sanctions on Iran, its oil exports to India, China, Turkey will continue as at present making little or no dent to its oil production. Transportation of oil down south through pipelines and through railroad is mired by political and logistical bottlenecks.

On the ongoing NAFTA negotiations, he said that If the NAFTA is not signed, Canada will revert to the WTO defined most favoured nation status in its trade with the US. But the US is selectively targeting industries where Canada has an advantage – such as aviation (Bombardier), oil pipeline, paper and pulp and lumber.

Mendes was of the opinion that NAFTA appears to be a 2019 story and the continued indecision will affect small businesses. And it will also affect investment decisions, with more corporations preferring to stay invested in the US. To add to this is the overall reformed tax regime in the US, which is making the US economy more attractive for investors.

Interest rates in Canada will continue to rise and this will affect consumers drastically. It has been estimated that a one percentage point rise in the interest rate will affect consumer spending by nearly 50 percent. Interest rate hike will also affect the housing market more this time around than before. The housing market has been able to rise three times after facing a contraction because of interest rate hike. However, it will take longer to recover the next time.

Markets have been on the decline but are expected to recover within the next two to three years. Inflation is steadily rising from 2 to 2.5 percent but what is new this time is that the inflation is rising because of artificial factors such as wage rise.

The presentation was followed by a lengthy Q&A.


Naresh Chawda, Kanwar Dhanjal, Venki Raman and Pramod Goyal	CIBC officials and clients


Venki Raman, Imtiaz Seyid, Kanwar Dhanjal & Sudhir Anand	Venki Raman and Kanwar Dhanjal with CIBC officials

Indo-Canada Chamber of Commerce
924 The East Mall Toronto ON M9B 6K1
Tel: 416-224-0090.

Fax: 416-916-0086.
E-mail: iccc@iccconline.org

Website: www.iccconline.org

Interactive Session on Federal Economic Policies for SME Sector

Tue, 15 May 2018 22:00:00 GMT

Interactive Session on Federal Economic
Policies for SME Sector

ICCC Board of Directors with MPs Hon. Ruby Sahota and Hon. Bob Saroya

The federal government is working to ensure that the fiscal deficit will stay manageable and will not adversely affect the common taxpayer in future, said Hon. Ruby Sahota, Member of Parliament (Brampton North) recently at the Indo-Canada Chamber of Commerce (ICCC) program.

Sahota was among a group of Canadian Members of Parliament that included Robert Fonseca (Mississauga East – Cooksville) and Bob Saroya (Markham-Unionville) who participated at an interactive session organised by the Indo-Canada Chamber of Commerce (ICCC) on May 15 for small and medium enterprises.

This is the first occasion when the ICCC has organised a non-partisan event where Members of Parliament from both the parties participated. Sahota and Fonseca are Liberal MPs and Saroya is a Conservative MP.

Sahota reassured the participants at the session that the federal government was conscious of the decisions it was implementing and was focused on providing a growth impetus to the economy. She emphasized that it was through deficit financing that the government had been able to ensure rapid recovery of the economy after the slump that the Canadian economy had experienced in the last decade and the early years of this decade.

Speaking on the occasion, Hon. Peter Fonseca, who is also a member of the Parliamentary Standing Committee on International Trade, said that the Canadian federal government is focused on assisting small and medium businesses. To that effect, the government has taken several significant measures to alleviate the pressures of fiscal and monetary contraction in an economic regime where the interest rates are likely to rise steadily.

Peter Fonseca, MP, Mississauga East-Cooksville & Member, Parliamentary Standing Committee of International Trade



Naresh Chawda and Ruby Sahota	Pradyuman Jhala & Pranav Patel with Bob Saroya


Pramod Goyal with Bob Saroya	Devika Penekelapati, Peter Fonseca, Kanwar Dhanjal & Ruby Sahota


Gursharan Kandra, Bob Saroya and Rakesh Joshi	Sanjay Brahmbhatt and Peter Fonseca


Pawan Chankotra, Bob Saroya, Rakesh Joshi and guest	Renu Chauhan, Kanwar Dhanjal, & Peter Fonesca

He expressed confidence that the ongoing negotiations on the North American Free Trade Agreement (NAFTA) would be concluded satisfactorily and to the benefit of all the three nations that are signatories to the treaty. Fonseca informed the participants that NAFTA had been revised on several occasions since it was signed in 1993, adding that it needs modernisation to reflect the transformation the global economy had undergone in the last two decades.

Bob Saroya, the Markham-Unionville MP, said that small businesses are the backbone of the Canadian economy and the mainstay of newcomers to Canada. He said immigrants became small entrepreneurs and contributed strongly to the economy by creating employment opportunities for other Canadians.

In his remarks, Kanwar Dhanjal, President, ICCC, said, the growth of small businesses is dependent upon the following six factors: Regulatory Framework, Market Conditions, Access to Finance, Knowledge Creation and Diffusion, Entrepreneurial Capabilities, and finally the entrepreneurial culture.

The session had a prolonged Q&A session where participants who were mostly small and medium business owners, asked questions pertaining to their own operations as well as questions on policy matters. The questions pertained to financing, globalisation, taxation, innovation and skilled labour shortage.

Participants at the interactive session

Indo-Canada Chamber of Commerce
924 The East Mall Toronto ON M9B 6K1
Tel: 416-224-0090.

Fax: 416-916-0086.
E-mail: iccc@iccconline.org

Website: www.iccconline.org

ICCC Newsletter - May 2018

Tue, 15 May 2018 13:00:00 GMT

ICCC Newsletter

May 2018

Letter from the President

Kanwar Dhanjal

It is time to start preparing for the Indo-Canada Chamber of Commerce’s Annual Awards and Gala Night. The Advisory Board is scrutinizing the nominations the Chamber has received in different award categories. It is an arduous task and the independent Advisory Board performs it with zeal and dedication. The venue of the Annual Awards and Gala Night has been changed to a brand new location – the Paramount Eventspace in Woodbridge.

The change in venue signals a new direction. The Chamber’s new leadership is conscious of utilizing precious public resources with utmost judiciousness. As a part of new strategy, we have also consciously focused on qualitative programming instead of having a large number of events, and this has definitely resulted in a shift of paradigm in terms of overall utilisation of resources that our sponsors, who are our partners in success, entrust us with annually.

The Chamber continues with the tradition of celebrating the achievements of Indo-Canadians at the Annual Awards and Gala Night, which is one of the biggest events in the annual calendar of the Indo-Canadian community. For the Chamber’s leadership, it is that one event where we pull all stops and go forward with renewed determination and dedication to achieve the primary objectives of the four-decades-old institution namely fostering bilateral trade ties between Canada and India and create opportunities for the entrepreneurial and professional members of the community.

I’m sure all of you are eager to know how this year’s awards will pan out. Let’s continue with our hoary tradition of making the Chamber’s Annual Awards and Gala Night a grand success. I invite you to buy your tickets and tables for this grand event scheduled for Sunday June 17, 2018. You may buy online or call the Chamber’s office. I look forward to seeing you at the event and enjoy an entertainment-filled evening with speeches by key decision-makers and the honouring of our community’s brightest.

Click here to read the: Letter from President

ICCC Annual Awards 2018

(Sunday, June 17, 2018)

ICCC's Annual Gala is a premier business event for all Indo-Canadians, hosting more than a thousand guests.

Leading entrepreneurs, professionals, decision-makers in the government, and academics attend the event.

The evening promises to be an enthralling mixture of entertainment, awards presentations, and speeches by eminent public figures.

It is our marquee event that celebrates the promotion of trade and commerce between Canada and India and recognizes the achievements of Indo-Canadians from across Canada by way of an award presentation.

We cordially invite you to participate or sponsor this distinguished event or by buying a ticket or a table for 10.

Click here to buy tickets: 2018 Gala

The theme of this year gala is: Rise of Digital Era: Excellence in Changing Time

The coordinates are

Date	Sunday, June 17, 2018

General reception	5:30pm
Doors Open	6:30pm
Program Starts	7:00pm
Dinner	8:00pm
Awards Gala & Entertainment continues	9:00pm

Dress Code	Black Tie / Business Formal

Venue	Paramount Eventspace

Address	222 Rowntree Dairy Rd, Vaughan, L4L9T2

Ticket information

Tables
Corporate	$3,000
Regular	$2,000

Tickets
Regular Ticket - members	$199
Regular Ticket - non-members	$249
VIP Ticket - members	$299
VIP Ticket - non-members	$349

Combo
Corp table +full page ad	$4,500

Advertising in Annual Magazine

Full Page Ad	$ 2,000
Half Page Ad	$ 1,250

13% HST is applicable. Buy your tickets online, click here: 2018 Gala

For advertising & combo packages call ICCC office at 416-224-0090.

For booking of your table, advertisement or any other inquiry you may contact any of the board member or ICCC office.

Insight

Pipeline obstructionism costing Canada billions

By Elmira Aliakbari & Ashley Stedman

The recent decision by Kinder Morgan, one of the largest energy infrastructure companies in North America, to halt all “non-essential spending” on the Trans Mountain pipeline expansion—which would run from Alberta, through British Columbia, to the coast—made headlines across the country.

Stories have focused on inter-provincial rivalries and trade wars. But an often ignored or misunderstood aspect of the pipeline debate is how much Canadians lose by not having sufficient pipeline capacity to deliver our oil to market. According to a recent Fraser Institute study, Canadian oil producers will lose $15.8 billion in revenue this year. More on that in a moment.

Despite increased oil production in recent years, Canada has been unable to build any new major pipelines due to the cancellation of the Northern Gateway and Energy East projects, and ongoing delays in the Trans Mountain expansion, Line 3 replacement project and Keystone XL.

Take the Trans Mountain pipeline expansion, for example. The B.C. government continues to oppose the project, despite regulatory approval, and is pursuing legal means to regulate the movement of diluted bitumen through its territory. Such political opposition raises serious concerns about whether the pipeline will actually be built.

Click here to read the speech: Insight


EDC Trade Insights	Export Guide	BDC Business Desk
	Download Step-by-Step Guide to Exporting
Click here for more:	Click here to download:	Click here for more:
Trade Insights	Trade Commissioners' Service Export Guide	Business Desk

Business Snippets	Programs & Events	Global Tenders

A brief summary of the most significant economic news during recent days.	A quick recap of the recent & forthcoming ICCC programs and events	A list of latest Global Tenders floated by the Government of India.
Click here for more: Business Snippets	Click here for more: Programs and Events	Click here for more: Global Tenders

Avail all the benefits that you are entitled to as a member, click here to visit our Affinity programs: Affinity

Advertising, Outreach, Social Media

	Information about Indo-Canada Chamber of CommerceXXXXXXXXXXX Membership Advertising New Initiatives Social Media Disclaimer
	To read more, click here: About Newsletter

A big Thank you to all our Sponsors: Click here to meet our 2017-18 Sponsors:
ICCC's 2017-18 Partners in Success

Indo-Canada Chamber of Commerce
924 The East Mall Toronto ON M9B 6K1
Tel: 416-224-0090.

Fax: 416-916-0086.
E-mail: iccc@iccconline.org

Website: www.iccconline.org

Newsletter - April 2018

Mon, 16 Apr 2018 13:00:00 GMT

ICCC Newsletter

April 2018

Letter from the President

Kanwar Dhanjal

On the cusp of change

Forming a future together

The main reason the Indo-Canada Chamber of Commerce (ICCC) celebrates the Annual Awards and Gala Night is to recognise members of the Indo-Canadian community for their achievements in different domains of public life. The Chamber has been honouring individuals for the last two-and-a-half decades, and those honoured have gone on to conquer other peaks in their splendid career.

Two key reasons for the celebration of the Annual Awards at the Gala Night by the Indo-Canada Chamber of Commerce is to foster bilateral commercial, trade relations between Canada and India, and create business and professional opportunities for Indo-Canadians. Our Chamber began this epochal celebration at a time when the population of Indo-Canadians was miniscule, but today Indo-Canadians have crossed over 1.3 million and have scaled new peaks in all spheres of the Canadian mainstream.

In recognizing the achievements of our compatriots, we remind our own and the Canadian mainstream of the rapid strides we have taken as a community in contributing to the fabric of the Canadian society. As an emerging voice of significance in the Canadian society, the Indo-Canadians have been instrumental in channeling Canadian and Indian relations in the right direction and have brought it to a cusp of a change that will transform it into something that will benefit both Canadians and Indians.

Indo-Canadians have been working at founding a future together. And in this endeavour, the Indo-Canada Chamber of Commerce (ICCC) has been in the forefront to create a better environment. Canada-India relations have been steadily rising at every level – economically, culturally, politically and in every possible way. During the recent visit of The Rt. Hon. Justin Trudeau, the Prime Minister of Canada to India in February 2018, both the countries reiterated their commitment to continue on their path of cooperation and collaboration.

The Indo-Canada Chamber of Commerce (ICCC) will continue to foster bilateral relations between Canada and India and continue to promote the interests of Indo-Canadian entrepreneurs and professionals. We will continue to recognise the achievements of Indo-Canadians because their achievements are a reflection of our collective gains.

Click here to read the: Letter from President

ICCC Annual Awards 2018

This time of the year is when our Chamber receives nominations for the Indo-Canada Chamber of Commerce’s Annual Awards. It is a glorious tradition that launched more than 25 years ago when the ICCC began honouring achievers with its annual awards. Over the years, the awards have become coveted and prestigious. We continue to honour exceptional Indo-Canadians in eleven categories and an independent advisory board decides who wins in each category.

Over the years, the awards have grown to encompass many spheres including entrepreneurs, professionals, technology, corporate executive, young achiever, humanitarian, lifetime and of course the member award. What is equally pertinent is that the ICCC has been among the first organisations to acknowledge crucial role that women play in all spheres and have been awarding women entrepreneurs and professionals for several years. The selection process has remained stringent and on occasions, a category has gone unrepresented when the advisory board has not found any suitable candidate in a particular category.

One of the most amazing aspects of the ICCC Annual Awards is that the awardees recognised by the ICCC subsequently go on to achieve greater glories. In that sense, the ICCC has been a talent spotter, especially in the spheres of young achievers and technology awards categories, and no less important is the role of the awards in bringing to the attention to the mainstream of the Canadian society.

The Annual Gala and Awards Night is a marquee event where we promote trade and commerce between India and Canada and recognize the achievements of Indo-Canadians from all across Canada by way of an award presentation. The Advisory Board independently chooses the award recipients in the following Award categories:

Two additional awards are presented – the President’s Award, for unsung heroes, and the Members’ Award, for voluntarism and community services.

Please find time within the next couple of weeks and nominate a deserving person – whether an entrepreneur, a professional or a social entrepreneur who has served the humanitarian cause or someone who has contributed to the community on a sustained basis over the decades. Send your nomination on or before 30 April, 2018, with all the relevant documentation to the Indo-Canada Chamber of Commerce for consideration by the advisory board.

Insight

All Eyes on NAFTA

By Stephen Tapp

Deputy Chief Economist

There’s no doubt Canadian businesses are watching negotiations of the North American Free Trade Agreement (NAFTA) closely. Some key negotiation rounds have triggered a spike in online searches for information on NAFTA (see figure). It’s likely we’ll see another surge of search activity as negotiators return to Washington to engage in the latest high-level talks. It’s hoped, after all these months of back-and-forth, negotiators can reach an agreement-in-principle.

There’s added urgency now. If a new NAFTA deal is going to be reached in 2018, it must happen soon. If not, several complicating factors could shift negotiating positions and cause further delays:

If NAFTA isn’t concluded by May 1st, the exemption for Canada and Mexico on U.S. steel and aluminum tariffs could expire.

July 1st is Mexico’s general election.

Also on July 1st, unless it’s renewed, the U.S. trade promotion authority (TPA) is due to expire. This would leave the U.S. without a legal negotiating mandate. (TPA gives Congressional guidance to the president on trade policy priorities and negotiating objectives).

In November, the U.S. holds midterm elections.

Negotiating parties know what’s looming and they’re pushing to wrap up talks quickly before things get more complicated.

Click here to read the speech: Insight


EDC Trade Insights	Export Guide	BDC Business Desk
	Download Step-by-Step Guide to Exporting
Click here for more:	Click here to download:	Click here for more:
Trade Insights	Trade Commissioners' Service Export Guide	Business Desk

Business Snippets	Programs & Events	Global Tenders

A brief summary of the most significant economic news during recent days.	A quick recap of the recent & forthcoming ICCC programs and events	A list of latest Global Tenders floated by the Government of India.
Click here for more: Business Snippets	Click here for more: Programs and Events	Click here for more: Global Tenders

ICCC app

Download ICCC phone app and stay connected on the go!

Avail all the benefits that you are entitled to as a member, click here to visit our Affinity programs: Affinity

Advertising, Outreach, Social Media

	Information about Indo-Canada Chamber of CommerceXXXXXXXXXXX Membership Advertising New Initiatives Social Media Disclaimer
	To read more, click here: About Newsletter

A big Thank you to all our Sponsors: Click here to meet our 2017-18 Sponsors:
ICCC's 2017-18 Partners in Success

Turkish Airlines becomes ICCC's Gold Sponsor

Mon, 09 Apr 2018 13:00:00 GMT

Turkish Airlines comes on board

to become

ICCC's Gold Sponsor

The Indo-Canada Chamber of Commerce (ICCC) is proud to announce that Turkish Airlines, has joined the Chamber as a Gold Sponsor.

Announcing this major initiative, Kanwar Dhanjal, President, Indo-Canada Chamber of Commerce (ICCC) said, “The board of directors is proud to announce the coming on board of the Turkish Airlines as the Chamber’s Gold Sponsor.” Pramod Goyal, the Vice President and Director of Finance and Sponsorship, who was instrumental in getting the sponsorship, said, “Turkish Airlines is a premier brand, and it is for the first time that we have a sponsor from a country other than Canada or India joining our band of sponsors.”

The sponsorship agreement was signed between ICCC’s Dhanjal and Goyal, and Turkish Airlines’ General Manager, Zafer Bolukbasi. Also present on the occasion were Ayhan Ugur, Sales Manager, and Tarique Anwar, Regional Corporate Sales Manager at the Turkish Airlines’ office in downtown Toronto.

Speaking on the occasion, Zafer Bolukbasi, said, “We are looking forward to a fruitful association with the Indo-Canada Chamber of Commerce, and are hopeful that we will be able to introduce the fascinating destinations in Turkey that are culturally so enriching.” Mr. Bolukbasi is a veteran at the Turkish Airlines, having worked with the airline since 1994. He has been the General Manager of the Toronto office since 2015, and was earlier the General Manager in Cape Town, South Africa and Switzerland.

His colleagues Ayhan Ugur and Tarique Anwar also emphasized that Turkish Airlines offers multiple destinations in India at extremely competitive rates, which the members of the ICCC will find beneficial.” Tarique added, “We are excited to partner with ICCC and are proud to have their support”.

Turkey's ‘rising star’, Turkish Airlines started its journey in 1933 with just five aircraft. A Star Alliance partner, today it serves with a passenger and cargo fleet of 326 aircraft and with the same excitement and enthusiasm just like the first day after all those years. The substantial growth it has achieved has put Turkish Airlines among the top airlines of the world. Reinforcing this prominent position and energy with its significant growth figures and innovative approach, Turkish Airlines has always put its signature under important successes in the sector. While flying to over 302 destinations in Europe, Asia, Africa, and the Americas, Turkish Airlines is the largest carrier in the world by number of destinations”. The Airline flies to major destinations in India.

Pramod Goyal also said that he is working with the Turkish Airlines team to have certain Corporate Club benefits such as discounted fares, free of charge re-routing and re-booking, excess baggage etc. etc. extended to Chamber members, for which a formal announcement is expected to be made in coming weeks.

For more information on Turkish Airlines, visit www.turkishairlines.com

Global Market Trends - Building Capacities & Growing Markets

Thu, 29 Mar 2018 22:00:00 GMT

ICCC's Trade & Commerce Committee's seminar

Global Market Trends

Building Capacities & Growing Markets

Sanjay Brahmbhatt, Athar Shah, Kanwar Dhanjal and Saifullah Khan, Consul Commerce, CGI Toronto


Participants	Participants with ICCC directors

The Indo-Canada Chamber of Commerce (ICCC) organised a seminar on Global Market Trends – Building capacities and growing our markets at home and abroad. Athar Shah of the Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA) made a presentation with special focus on Ontario’s Agri Food sector and an overview on emerging export markets.

The Trade and Commerce Committee of the ICCC organised the program that saw the participation of a large number of members keen to learn the various ways in which they could explore the global market. For the first time ever, the program was narrow-casted through a live stream on social media. In addition, in an unprecedented move, three of the committee members of the Trade and Commerce Committee Keyur Patel, Kashyap Patel and Umesh Patel became life members of the Chamber.

Mr. Sanjay Brahmbhatt, the chair of the committee, welcomed the participants and introduced the speaker of the evening. Mr. Kanwar Dhanjal, President, ICCC, delineated the measures of trade promotion undertaken by the ICCC in recent months, as well as the plans for the next few months.

Mr. Ajay Tandon, VP, Program and Events, was the master of ceremonies for the evening’s program which also saw participation by Mr. Nareshkumar Chavda, ICCC’s Corporate Secretary and VP Membership and Government Relations; Mr. Pramod Goyal, ICCC’s VP Finance and Sponsorship; Mr. Pradyuman Jhala, Director, Small and Medium Enterprises. Mr. Arun Srivastava, the Immediate Past President of the ICCC was also present.

ICCC Trade & Commerce committee members with Kanwar Dhanjal and Naresh Chavda

Naresh Chawda, Pradyuman Jhala, Saifullah Khan, Mokshi Virk

In his presentation, Mr. Shah provided detailed information about Ontario’s agriculture, food and beverages processing, agro-food export, environmental and clean technology industries. Mr. Shah is responsible for the domestic management of Ontario Bakery, Milling, Ingredients, Edible Oils and Cereal sectors while additionally supporting investment attraction and export development in the Middle East and North Africa (MENA) region as a Senior Advisor.

Some of the key highlights of the presentation were:

The agri-food sector is a major player in Ontario's economy. It currently generates $34 billion a year in gross domestic product (GDP) and sustains 740,000 jobs - about one in every nine jobs across the province. Expanding the export growth of the province's agri-food businesses is part of the government's plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs.

Ontario Exported $14.9 Billion in Agri-Food Products in 2017 ($14.8 in 2016) up 0.8 Billion
Ontario’s top five exports from the sector are:

Grain Products – 18.23% $3,417,535,359 (73% Baked Goods, 10% Mixes & Dough, 9% Cereal and 8% Other)

Meat & Protein – 8.41% $1,576,094,292 (25% Beef (Fresh/Chilled), 20% Pork (Fresh/Chilled), 20% Pet Food)

Fresh & Processed Vegetables – 7.55% $1,415,567,204 (25% Fresh Tomatoes, 24% Other Vegetables, 17% Fresh Cucumbers)

Oilseeds – 5.73% $1,073,426,310 (98% Soybean)

Confectionary – 4.90% $919,076,685

Ontario is home to Canada’s greatest concentration of environmental and clean technology companies. According to the 2014 Canadian Clean Technology Industry Report, 35% of clean tech companies in Canada are located in Ontario — 10% more than in any other Canadian province.
Ontario's environmental sector (which includes clean tech) is worth an estimated $8 billion in annual revenues and $1 billion in export earnings. Canada's national clean technology industry revenue is $11.3 billion and projected to grow to $26 billion by 2018.

Mr. Shah also spoke of the different funding options available to entrepreneurs keen to explore these sectors, and also explained in details the challenges that such endeavours are likely to face in the Middle East and North American market, for which he has the requisite expertise.

A lengthy Q&A followed Mr. Shah’s presentation where different aspects of the emerging scenarios in these sectors were discussed.

Indo-Canada Chamber of Commerce
924 The East Mall Toronto ON M9B 6K1
Tel: 416-224-0090

Fax: 416-916-0086.
E-mail: iccc@iccconline.org

Website: www.iccconline.org

ICCC signs MoU with CIPO; holds high-level meetings in Ottawa

Tue, 27 Mar 2018 14:00:00 GMT

ICCC signs MoU with CIPO

ICCC's board meets Indian High Commissioner,

Canadian federal minister Hon. Chagger & Members of Parliament

to discuss bilateral economic relations & promote small businesses

Kanwar Dhanjal, President, ICCC, signing MoU with CIPO's Darlene Carreau

The Indo-Canada Chamber of Commerce (ICCC) and the Canadian Intellectual Property Office (CIPO) signed a Memorandum of Understanding to establish a partnership between the two organisations to work together to increase awareness and use of Intellectual Property by Canadian businesses and innovators doing business, or planning to do business in India.

The CIPO is a Special Operating Agency (SOA) of Innovation, Science and Economic Development Canada (ISED). CIPO is responsible for the administration and processing of the greater part of intellectual property in Canada. CIPO’s areas of activity include trademarks, patents, copyright, industrial designs and integrated circuit topographies. Its mandate is to deliver high quality and timely IP services to customers and to increase awareness, knowledge and effective use of IP by Canadians.

The ICCC will host a series of conferences and workshops to encourage Canadian businesses and SMEs to trade with India, and CIPO will participate in the events to raise awareness of the importance of developing, protecting and leveraging IP assets to remain competitive in a global economy.

Mr. Kanwar Dhanjal, President, Indo-Canada Chamber of Commerce (ICCC), signed the MoU on behalf of the Chamber during a recent trip to Ottawa in late March. Mr. Pradyuman Jhala and Mr. Rakesh Joshi, members of the board of directors, and Mr. Pawan Chankotra, COO, ICCC, accompanied Mr. Dhanjal on this trip. The ICCC delegation also held a series of officials meetings with high-ranking officials of the diplomatic corps and federal ministers and members of parliament.


ICCC board with HE Swarup	ICCC board with Minister Chagger


ICCC board with MP Sahota	ICCC team with MP Saroya

The ICCC board members kicked off the Ottawa visit with a high-powered meeting with India’s High Commissioner to Canada, His Excellency Vikas Swarup. During the meeting, the board members discussed the different ways in which both the Indian High Commission in Ottawa and the ICCC could work together to promote bilateral relations between Canada and India. The High Commissioner promised to provide all necessary support to the different councils of the ICCC across Canada.

HE Vikas Swarup expressed a keen desire to leverage the strengthening relations between Canada and India in the education sector considering that students from India contribute over $3 billion to the Canadian economy. He also said that when it will be signed, the Comprehensive Economic Partnership Agreement (CEPA) would be an important bridge builder for businesses in both countries to rapidly expand cooperation.

The ICCC board also met Members of Parliament Bob Saroya and Ruby Sahota. During the meeting with Bob Saroya, the ICCC board mooted the idea of a panel discussion comprising four or five Members of Parliament to talk about issues of relevance to the membership of the Chamber. Such a direct conversation between policy makers and business owners would go a long way in enabling understanding the needs of small business owners. And during the meeting with Ruby Sahota, the board members discussed the direct conversation between policy makers and business owners to understand the needs of the businesses.

During the meeting with Minister Bardish Chagger, the ICCC board discussed the different ways in which it could cooperate with the ministry to promote small business interests in the changing economic outlook in North America. “We discussed the different ways in which we could cooperate with the minister’s endeavour to create more opportunities for small businesses to start promoting manufacturing in Canada and to promote exports to strengthen trade ties with other countries,” Kanwar Dhanjal said.

The board members also discussed the holding of a Hard Hats Tour for ICCC members to Communitech at University of Waterloo and sought the minister’s assistance in facilitating services and developing strategic partnerships relation with Communitech.

ICCC-CPA workshop on Pension Plans in Evolving Tax Framework

Wed, 21 Mar 2018 22:00:00 GMT

ICCC-CPA workshop on Pension Plans

In Evolving Tax Framework

Participants at the ICCC-CPA workshop on pension and taxation

The Indo-Canada Chamber of Commerce (ICCC) in association with the Chartered Professionals Accountants (CPA) of Ontario organised a workshop on ‘Individual Pension Plans: A Response to an Evolving Tax Framework for Business Owners’ on March 21, 2018 at the ICCC’s office in Toronto.

Professional financial advisors and business owners eager to understand the tax implications of the new federal tax proposals and planning of pension in the wake of these proposed changes attended the program. Robert Rubino and Suzanne Schultz, both CPAs from the RBC Royal Bank, made the presentations.

Carmen Jacques, Manager, Student Recruitment, CPA Ontario, introduced the speakers and Kanwar Dhanjal, President, ICCC, welcomed the participants to the workshop. Ajay Tandon, VP, Program and Events, was the master of ceremonies for the evening. ICCC directors Naresh Chawda, Pramod Goyal, Abu Becker, Pradyuman Jhala were present at the workshop along with former ICCC Presidents Sanjay Makkar and Dharma Jain.

Rubino is with RBC Dominion Securities as an Investment Advisor. His planning and advice is structured to complement Public Accountants in their pursuit to plan efficiently for Corporate Clients. Suzanne Schultz is the Vice President and Estate Planning Specialist at the RBC Wealth Management Financial Services Ltd.

In her presentation on wealth management strategies in the light of the federal budget, Suzanne Schultz discussed the proposed changes in the tax measures for small businesses. Her presentation touched upon how the Federal Budget proposals may affect passive saving in a corporation, the possible solutions to help business owners save for retirement.


ICCC President Kanwar Dhanjal	Presenters with the ICCC team


Dharam Jain, Ajay Tandon, Pramod Goyal, Sanjay Makkar	Sanjay Makkar, Kanwar Dhanjal, Carmen Jacques, Ajay Tandon

She listed the progression of the history of the new proposals which began in the 2015 election platform to target unfair tax advantages afforded business owners and following which the federal government sought consultations with the public in July 2017, which was followed by the December 2017 legislation on income sprinkling. Feb 2018 Passive investment proposal announced (much less onerous than July paper)

She claimed that income in a corporation subject to the small business deduction is taxed at preferential tax rates. If the net income is then used to invest passively, the business owner would have much more to invest than an individual would have.

Starting in 2019, if a corporation earns more than $50,000 in passive income in a year, the small business deduction will begin to be clawed back. Reduction of $5 for every $1 of passive income above $50,000. Full claw back once income reaches $150,000.Passive investment income for this purpose will include rents, royalties, interest, portfolio dividends (foreign and Canadian), taxable capital gains.

Income sprinkling rules – the big picture. The December proposals will limit income splitting using private corporation shares in certain cases. Kiddie tax (high tax rates) has applied to dividends paid to minor children for many years now. New Tax on Split income (like kiddie tax) will apply to a related shareholder over age 17 with some exceptions.

In his presentation on Individual Pension Plans, Rubino delineated the different options that both individuals and corporates have of planning pension and managing all aspects of wealth. He said that planning of pensions should be part of managing all aspects of wealth for both an individual and corporate entities. Individual pension plans could be company sponsored – multiple companies may sponsor a single IPP or a registered plan which complies with pension and fiscal laws and regulations.

Rubino listed the eligibility of the applicants, which included incorporated business owners 37 + years of age, incorporated Professionals who are receiving T4 income, senior executives who are looking to plan for the future. He explained that the reasons to establish the plan could be subject to the new passive income rules, diversify the retirement strategy, significantly increase retirement savings, attain a planned capital accumulation for retirement, corporate tax deduction – retain small business tax rate. Rubino also listed the many advantages of a pension plan, which include the plan being creditor proof, assisting in succession planning, assist in sale of business, retain lifetime capital gains exemption, diversifying the retirement strategy.

Participants at the workshop

Newsletter - March 2018

Sun, 18 Mar 2018 20:16:09 GMT

ICCC Newsletter

March 2018

Letter from the President

Kanwar Dhanjal

It's time to nominate a deserving candidate to the

ICCC's Annual Awards

March is when our Chamber receives nominations for the Indo-Canada Chamber of Commerce’s Annual Awards. It is a glorious tradition that launched more than 25 years ago when the ICCC began honouring achievers with its annual awards. Over the years, the awards have become coveted and prestigious. We continue to honour exceptional Indo-Canadians in eleven categories and an independent advisory board decides who wins in each category. The Chamber’s board and its staff do not have any role in the selection.

Click here to read the: Letter from President

Photographs of ICCC team's India visit as members of
Prime Minister Justin Trudeau's delegation


ICCC President Kanwar Dhanjal with PM Justin Trudeau	ICCC Corporate Secretary Naresh Chawda with India's
	Minister of State for External Affairs Vijay Singh


ICCC team with Navdeep Bains	ICCC team at the Business Forum


ICCC team with Mohammed Azaruddin	ICCC team at a MoU signing program


ICCC President with Shashi Tharoor and	ICCC President with Bardesh Chaggar	ICCC President with Bishen Bedi and
Mohammed Azaruddin		Virendra Sehwag

Insight

India-Canada Joint Statement:

Partnership for Security and Growth

Source: https://pm.gc.ca/eng/news/2018/02/23/india-canada-joint-statement-partnership-security-and-growthI

Prime Minister of Canada, The Right Honourable Justin Trudeau, paid a State Visit to India from 18 to 24 February 2018 at the invitation of the Prime Minister of India Shri Narendra Modi.

The prime ministers met in New Delhi on February 23 and reaffirmed the breadth and scope of Canada-India relations, based on the fundamental principle of respect for sovereignty, unity and territorial integrity of the two countries. They reaffirmed their commitment to the ongoing diversification and growth of the strategic partnership, based on shared values of democracy, diversity, pluralism, and rule of law. The leaders also affirmed the importance of protecting and advancing human rights at home and abroad, promoting gender equality and the importance of civil society groups as a mainstay of democratic societies.They agreed to continue deepening their close ties and to leverage the complementarity between their two countries in key areas.

Towards this objective, the leaders agreed on the following:

Investing in Mutual Growth
Working Together on Climate Change, Oceans, Space and Clean Energy
Advancing Gender Equality and Empowerment of Women and Girls
Building a More Peaceful and Secure World
Enhancing People-to-People Contacts

Click here to read the speech: Insight


EDC Trade Insights	Export Guide	BDC Business Desk
	Download Step-by-Step Guide to Exporting
Click here for more:	Click here to download:	Click here for more:
Trade Insights	Trade Commissioners' Service Export Guide	Business Desk

Business Snippets	Programs & Events	Global Tenders

A brief summary of the most significant economic news during recent days.	A quick recap of the recent & forthcoming ICCC programs and events	A list of latest Global Tenders floated by the Government of India.
Click here for more: Business Snippets	Click here for more: Programs and Events	Click here for more: Global Tenders

ICCC app

Download ICCC phone app and stay connected on the go!

Avail all the benefits that you are entitled to as a member, click here to visit our Affinity programs: Affinity

Advertising, Outreach, Social Media

	Information about Indo-Canada Chamber of CommerceXXXXXXXXXXX Membership Advertising New Initiatives Social Media Disclaimer
	To read more, click here: About Newsletter

A big Thank you to all our Sponsors: Click here to meet our 2017-18 Sponsors:
ICCC's 2017-18 Partners in Success

Indo-Canada Chamber of Commerce
924 The East Mall Toronto ON M9B 6K1
Tel: 416-224-0090.

Fax: 416-916-0086.
E-mail: iccc@iccconline.org

Website: www.iccconline.org

Finding and owning your voice

Fri, 09 Mar 2018 23:00:00 GMT

Finding and owning your voice

ICCC's best International Women's Day celebration in six years

Panel discussion: Tracy Schmitt, Patricia Lovett-Reid, Jennifer Hubbard, and moderator Angie Seth

In one of the best programs organized to commemorate the International Women’s day, the Indo-Canada Chamber of Commerce’s (ICCC) Women Entrepreneurs and Professionals (WEP) Committee conducted a panel discussion on the subject ‘Finding and owing your voice’ on March 9 at the Courtyard Marriott in Brampton. Members of the ICCC, its stakeholders and supporters gave a stupendous reception to the program by participating in large numbers. The panel discussion took the topic of the day further, with all the panelists narrating their own experiences in trying to find their own voice as a woman achiever.

Ajay Tandon, VP Events & Programs explained that in recognition of the new impetus women’s rights have gained globally, the ICCC organized this panel discussion focused on the new and emerging trends in women empowerment especially in the sphere of entrepreneurialism and professionalism. The panelists are sterling achievers who have made path-breaking contributions in the personal and professional spheres.

The dynamic Angie Seth moderated the discussion. The panelists included Tracy Schmitt, better known as Unstoppable Tracy. Unstoppable Tracy #1 International Speaker based out of Toronto. She has shared the stage with Jane Fonda, John Travolta, Mel Gibson, Mark Whalberg and more! She was born a 4-way amputee. Her mind-blowing story always gets standing ovations pushing audiences out of their limitation zones.

Patricia Lovett-Reid, Chief Financial Commentator, CTV News. As CTV News’ Chief Financial Commentator, she coaches viewers on how to save money, stretch their income, and get the biggest bang for their hard-earned bucks.

Jennifer Hubbard is the Managing Director, Financial Planning and Advice for CIBC Wealth Management and Commercial Banking. Throughout her career in the financial services industry, she has enjoyed a range of experiences with many of her roles centered around serving and advising clients.

The panel discussion evoked tremendous interaction between the audience and the panelists. Each of the panelists were asked specific questions pertaining to their expertise, and all of them were also asked a general question about equality in pay at work; and all of them were also asked to give their own interpretation of finding and owning one’s voice.

Mr. Kanwar Dhanjal, President ICCC formally welcomed all the guests and addressed the gathering. He said that he is very proud to have the women leaders scaling new heights in all sphere of life. Eminent community personalities along with successful women entrepreneurs and professionals of ICCC participated in the program.

ICCC Board of Directors with Minister Chagger

Hon Bardish Chagger, Leader of the Government in the House of Commons and Minister of Small Business and Tourism in the federal government was the chief guest at the program. She is a minister in Canada’s first government that has an equal number of men and women ministers. Minister Chagger emphasized the role of women in the wholesome development of the society and encouraged women to break self-imposed shackles and seize the moment to express their identity. She proudly said that she was the first women house leader in the House of Commons and credited Prime Minister Right Hon. Justin Trudeau for engaging more women leaders in the government.

Darlene Carreau, the Director General of Business Services at the Canadian Intellectual Property Office (CIPO), delivered the keynote address of the evening. Since December 2015, Darlene Carreau has been serving as the Director General of Business Services at the Canadian Intellectual Property Office (CIPO). Ms. Carreau enlightened the participants in the program on how to trade mark one’s professional property such as logos.


Keynote speaker: Darlene Carreau	Minister Chagger with CIBC's Venki Raman and guests


ICCC's WEP Committee members with ICCC President	Members of the audience at the program

Learning salsa steps	Minister Chagger with Shibani Sahney, Chair, WEP Committee

The doors opened with a Cha Cha Cha performance followed by Salsa lessons enjoyed and participated by the guests. The evening concluded by an amazing salsa performance, and a raffle draw for ladies with gifts ranging from Gift cards to Gold Coins and a Diamond. Each woman participant walked away with a Gift bag courtesy of our generous sponsors.

Shibani Sahney, Chair, WEP Committee, exclaimed, “This is unarguably the best WEP event we’ve organized since we formed the Committee six years ago. I congratulate the managing committee members Anu Kalra, Shilpaben Patel, Gursharan Kandra, Reema Sarin, Shalini Bhardwaj, Jameet Gill, Vijeta Tokdas, Sudha Shankar, Ruchi Sharma and Sunita Vyas for their strong support and involvement in making this program such a success.

PDAC Convention - Canada - India collaboration in mining

Mon, 05 Mar 2018 23:00:00 GMT

Canada - India collaboration in the mining sector

India's mining minister Hon. Narendra Tomar visits PDAC

Hon. Minister Tomar with Consul General Dinesh Bhatia, High Commissioner Vikas Swarup,

members of the Indian delegation with ICCC President Kanwar Dhanjal & ICCC Board members

The Indo-Canada Chamber of Commerce (ICCC) in collaboration with the Consulate General of India in Toronto hosted a business reception in the honour of Hon. Narendra Singh Tomar, India’s Minister of Rural Development, Panchayati Raj and Mines earlier this week.

The Hon. Minister is visiting Canada to participate in the annual PDAC International Convention, Trade Show & Investors Exchange held in Toronto. The Hon. Minister is leading a high-powered delegation comprising India’s public sector mining companies as well as senior-level government of India officials of the rank of Additional and Joint Secretaries.

The reception was attended by the Indo-Canadian business community of the Greater Toronto Area and the Indian diplomatic corps. His Excellency Vikas Swroop, the High Commissioner of India in Ottawa was present, as was the Consul General of India in Toronto Dinesh Bhatia.

Speaking on the occasion Hon. Minister Tomar said that the mining sector is a priority area for the BJP government in New Delhi and the use of latest technology will bring further transparency and better monitoring in the mining sector.

He emphasized that the Modi government has already accomplished a lot so far but there is always more scope for doing better and fast work, as contribution of the mineral sector towards the growth of the GDP is significant and has to be improved further in collaboration with the States.

He said, with the Amendment in the MMDR Act in 2015, the Auctions of mines so far has led to an additional revenue of over ₹ 122 billion accruing to the States during the life span of the mines in 50 years.

In addition, the amount collected in the DMF funds in the Districts affected by the mining activities is over ₹100 billion, which will be spent in the development of these districts and the people of these districts.

His Excellency Vikas Swroop in his brief speech said that the recent visit by Canada’s Prime Minister the Rt. Hon. Justin Trudeau to India, and the joint statement issued on the occasion of his visit by Canada and India emphasizes the significance that both countries accord to the bilateral ties.

He lauded the role that the Indo-Canada Chamber of Commerce has been performing in fostering bilateral ties between the two countries.

The Consul General Dinesh Bhatia in his remarks said that Canada and India can help each other in the mining sector by utilising existing synergies in the sector. Canada can provide both investment avenues for Indian companies as well as technological knowhow to Indian companies in the sector.

He listed the minerals in which Canada leads the world, and said that India, in its quest of rapid development, needs all these minerals.

Kanwar Dhanjal, President of the Indo-Canada Chamber of Commerce (ICCC), in his remarks, said that In the mining sector, our journey of cooperation began a decade ago when during India and Canada Foreign Office Consultations held in Ottawa in December 2008, the Indian side conveyed its interest for a broader MoU on Mining between the two countries.

The specific areas of interest for India include potash, urea, gold, diamonds, oil and gas, uranium, clean coal technology, mining prospecting technology, etc. A MoU between the India’s ministry of mines, and Canada’s department of natural resources, concerning cooperation in the field of earth sciences and mining was signed in 2010 in Toronto.

He added, “Over the last decade, several significant developments have occurred in the mining sector both in Canada and in India, and it would be necessary to keep in mind these developments while charting the future course of cooperation between our two economies in this sector. The Indian mining sector is being developed in a sustainable manner, with special attention being given to the needs of the indigenous people on whose traditional lands mining activities are to occur.”

Several past presidents of the Chamber and member of the incumbent board were present at the event.

Kanwar Dhanjal, Vikas Swarup, Narendra Tomar and Dinesh Bhatia

Over 70 ICCC members to accompany PM Justin Trudeau to India

Fri, 16 Feb 2018 01:13:24 GMT

ICCC's massive support to India Business Forum

Over 70 ICCC members to accompany PM Justin Trudeau to India

Mumbai: February 20, 2018 ● Delhi: February 22, 2018

Over 70 members of the Indo-Canada Chamber of Commerce (ICCC), led by President Kanwar Dhanjal, will be participating in the India Business Forum meetings in Mumbai and Delhi that are being organised during Canada's Prime Minister Right Honourable Justin Trudeau's visit to India.

PM Trudeau is in India from February 17 to February 23, 2018. The visit will provide an opportunity to strengthen Canada India economic ties. He will make stops in Agra, Amritsar, Ahmedabad, Mumbai, and New Delhi. During his tour the Canadian Prime Minister will also visit the Taj Mahal, Sri Harmandir Sahib — also known as the Golden Temple — the Swaminarayan Akshardham temple in Gujarat and the Jama Masjid in Delhi during his tour. Trudeau will meet with Modi, and take part several business roundtables focused on boosting trade and investment between the two countries. Trudeau will promote empowering women and girls and strengthening Canada and India's economic ties, says his office.

Kanwar Dhanjal, President, ICCC, expressed immense satisfaction at the response the ICCC received in enrolling entrepreneurs and professionals as delegates to participate in the Business Forums. "It shows the tremendous enthusiasm that the private sector has for the potential prospects of trade and commerce between Canada and India," Mr. Dhanjal said.

A majority of the ICCC's board of directors are participating in the business forums in the two cities. The ICCC has been working actively to promote the Prime Minister's India trip and has also recruited delegates for the two forums. In doing so, the ICCC has succeeded in fulfilling its mandate of fostering bilateral economic relations between Canada and India and to concomitantly create business and professional opportunities for its members and stakeholders. Over the last year and more, the ICCC has organised a series of events that focus on promotion of bilateral trade and services. This includes the recently-held ICCC Winter Expo as well as the Canada-India Business Symposium held in 2017.

Canada and India enjoy a special relationship that is based on a common democratic values and burgeoning economic trade that has been growing exponentially during the last decade. Since September 2016, there have been eleven ministerial visits to India, including, most recently, a trade mission led by Minister of International Trade Hon. François-Philippe Champagne, Minister of Innovation, Science and Economic Development Hon. Navdeep Bains, and Minister of Transport Hon. Marc Garneau, in November 2017.

Canada-India relations have been on an upward trajectory with both the Prime Minister Modi and Prime Minister Trudeau keen to foster a more meaningful relationship that goes beyond the optics. While it is not certain that the Comprehensive Economic Partnership Agreement and the Foreign Investment Promotion and Protection agreement will be finalized during PM Trudeau's visit, there is heightened expectation that the trip will lead to more intense commercial and economic ties, with the private sector playing an important role in the process.

An indication of the strong ties was evident in January 2018, when the Indian government's union cabinet chaired by Indian Prime Minister Narendra Modi approved a Memorandum of Understanding (MoU) with Canada for cooperation in the field of Science & Technology. The MoU will provide a mechanism and help to foster scientific cooperation between R&D and academic institutions of India and Canada.

An innovative model of R&D cooperation between India and Canada will be implemented under a MoU concluded by the Department of Science and Technology with the Natural Sciences and Engineering Research Council (NSERC) of Canada. Under this MoU, the India-Canada Centre for Innovative Multidisciplinary Partnership to Accelerate Community Transformation and Sustainability (IC-IMPACTS) programme will be supported to promote India-Canada multidisciplinary research partnerships.

The R&D projects will be aimed at accelerating social transformation by providing solutions through application of science and technology. The participants will include researchers from scientific organizations, academia and R&D laboratories from India and Canada. Identified areas of mutual cooperation include safe and sustainable infrastructure and integrated water management. This will help to develop institutional networking and support the establishment of connections between scientific organizations, scientists and specialists of India and Canada.

Newsletter - February 2018

Thu, 15 Feb 2018 23:00:00 GMT

ICCC Newsletter

February 2018

Letter from the President

Kanwar Dhanjal

Promoting Canadian Strengths in the context of India’s Policy Agenda

Canada’s Prime Minister the Rt. Hon. Justin Trudeau is in India on a seven-day official visit. His visit follows visits by 11 of his cabinet colleagues to India since Trudeau was elected the Prime Minister in 2015. Accompanying the Prime Minister on this India trip are Infrastructure Minister Amarjeet Sohi, Small Business Minister Bardish Chagger, Innovation Minister Navdeep Bains and Science Minister Kirsty Duncan. Defence Minister Harjit Sajjan. Foreign Affairs Minister Chrystia Freeland will be part of the delegation in India.

Beside his engagements in New Delhi, Prime Minister will visit Agra, Ahmedabad, Mumbai and Amritsar. Justin Trudeau will be the first Canadian prime minister to visit Gujarat. In Mumbai and Delhi, the Indo-Canada Chamber of Commerce and other bilateral organisations in the Canada-India space such as the Indo-Canadian Business Chamber, the Canada- India Business Council and the Canada-India Foundation organised two business forums where the Canadian Prime Minister interacted with entrepreneurs, corporate honchos and government officials.

The theme for the Mumbai forum was ‘Moving from Confluence to Congruence’. While welcoming the guests at the Mumbai forum, I emphasized that as the President of the Indo-Canada Chamber of Commerce, a four-decades-old bilateral chamber that has devoted its energies to promoting and advocating on behalf of small entrepreneurs, this move to congruence is possible if both the Canadian and the Indian establishments that are involved in policy formulations understand the vital role that small businesses in both the countries can play to foster a better bilateral economic integration.

Click here to read the: Letter from President

ICCC Annual Awards - 2018: Call for Nominations

Indo-Canada Chamber of Commerce (ICCC) has been recognizing the contributions of the Indo-Canadian community to the fabric of the Canadian society since 1993. These awards have come to represent the best that Canadians of Indian origin have achieved.

Award nominations for 2018 are now open. ICCC will shortlist nominees based on the criteria set by the Chamber, from which the Chamber’s Advisory Board will independently select the winners.

You can participate in these awards by nominating deserving person(s) in one or more of the nine categories. You may also spread the word around in your circle of friends and loved ones, and help us to reach out to a wider audience. To download forms, click on the links for each category. The categories are:

Female Entrepreneur

Male Entrepreneur

Female Professional

Male Professional

Young Achiever

Technology Achievement

Corporate Executive

Humanitarian

Lifetime\Outstanding Achievement

In addition, ICCC will bestow two awards – Member of the Year and President’s Award– along with the above mentioned nine categories.

Please send your nominations directly to ICCC office on or before the submission date: March 31, 2018

ICCC will recognize the award recipients at its Annual Awards & Gala Night on Saturday, June 02, 2018.

Deadline: 31-03-2018

4th Smart Cities India 2018 Expo

23 May to 25 May ● New Delhi, India

The India Trade Promotion Organisation (ITPO) & Exhibitions India Group are pleased to invite you to the 4th Smart Cities India 2018 expo from 23rd – 25th May 2018 in New Delhi, India. This Mega Event incorporates five expos with the view to develop attractive, safe and smart cities that evoke pride, passion and a sense of belonging among citizens:

2nd Buildings India expo
3rd Solar India expo
3rd Transport India expo
4th Smart Cities India expo
5th Water India expo

Developing citizen friendly and economically viable cities is an urban initiative by the Government of India. Cities are engines of economic growth and with the rapid rise in the proportion of people living in urban areas, there is an increasing requirement for sustainable cities. Hence, Prime Minister Narendra Modi’s mission of Smart Cities is intended to transform the lives and living conditions of the citizens of the country.

Recognizing smart cities as an important platform to drive progressive change, the 4th Smart Cities India 2018 Expo will be supported by 4 other co-located expos to create "One Mega Event". Please find attached the brochure for more information.

For any additional information/queries regarding the event, please contact:

Mr. Arun Singh
Manager - Exhibitions India Group
C-103, Okhla Industrial Estate, Phase III, New Delhi 110 020, India
Tel: +91 11 4279 5033 | Mobile: +91 7827 855 273
Email: aruns@eigroup.in | www.exhibitionsindia.com

In the News

Voice of Chandigarh covers ICCC's India Mission and PM Justin Trudeau's India visit

India - A Market Needed To Be Explored To Do Business

Insight

Trudeau must make haste on trade with India

By Colin Robertson

A former diplomat, Robertson is Vice President and fellow at the Canadian Global Affairs Institute

Prime Minister Justin Trudeau's visit to India this week will reinforce and underline our growing people-to-people ties. The economic relationship is less buoyant, but if Indian Prime Minister Narenda Modi can deliver on his promised domestic reforms, there is the potential for more two-way trade and investment.

With stops in Agra, Amritsar, Ahmedabad, Mumbai, as well as New Delhi, it will be a rare session that does not include some reference to family living or studying in Canada.

The Indian diaspora includes several members in the Canadian Parliament, with four members in the Trudeau cabinet. Nearly 4 per cent of Canadians claim Indian decent, with 40,000 Indians migrating to Canada last year. The 124,000 Indians studying in Canada are our second-largest group of foreign students. No surprise that tourism is also on the rise, with more than 210,000 Indians visiting Canada last year. There are daily and non-stop flights.

India definitely deserves Canadian attention.

India will soon surpass China in population, with one-sixth of humanity. It is also the world's largest democracy, which is a cacophony of caste and creeds. The two Prime Ministers will empathize over the challenges of managing federations with strong sectional and regional pressures. Some of these, such as the Sikh separatist movement, play into Canadian affairs.

At the World Economic Forum in Davos last month, Mr. Modi was forceful in his embrace of globalization. He described his "New India" reform agenda and its pillars of structural reform: technological governance; physical infrastructure; business facilitation; and inclusive development. Designed to give "good administration and better amenities," Canada needs to identify the niche opportunities within each pillar.

Trade and investment will figure in every discussion. Investment from Canadian pension funds in real estate and other sectors has picked up in the past couple of years.

With its steady GDP growth, India is expected to become the third-largest consumer market by 2025.

Click here to read the speech: Insight


EDC Trade Insights	Export Guide	BDC Business Desk
	Download Step-by-Step Guide to Exporting
Click here for more:	Click here to download:	Click here for more:
Trade Insights	Trade Commissioners' Service Export Guide	Business Desk

Business Snippets	Programs & Events	Global Tenders

A brief summary of the most significant economic news during recent days.	A quick recap of the recent & forthcoming ICCC programs and events	A list of latest Global Tenders floated by the Government of India.
Click here for more: Business Snippets	Click here for more: Programs and Events	Click here for more: Global Tenders

ICCC app

Download ICCC phone app and stay connected on the go!

Avail all the benefits that you are entitled to as a member, click here to visit our Affinity programs: Affinity

Advertising, Outreach, Social Media

	Information about Indo-Canada Chamber of CommerceXXXXXXXXXXX Membership Advertising New Initiatives Social Media Disclaimer
	To read more, click here: About Newsletter

A big Thank you to all our Sponsors: Click here to meet our 2017-18 Sponsors:
ICCC's 2017-18 Partners in Success

Indo-Canada Chamber of Commerce
924 The East Mall Toronto ON M9B 6K1
Tel: 416-224-0090.

Fax: 416-916-0086.
E-mail: iccc@iccconline.org

Website: www.iccconline.org

Join Prime Minister Justin Trudeau in Mumbai and Delhi

Thu, 25 Jan 2018 02:11:47 GMT

Prime Minister Justin Trudeau's historic India visit

11 Canadian federal ministers have visited India since 2016 ● 2-way trade is $8 billion & trade in services is $2 billion

Prime Ministers Narendra Modi and Justin Trudeau

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

“Canada and India share a special bond, and are linked by tremendous people-to-people connections. The more than one million Canadians of Indian origin make the relationship between our two countries a truly special one. I look forward to meeting with Prime Minister Modi, and further strengthening the Canada-India friendship.”

Rt. Hon. Justin Trudeau,Prime Minister of Canada

Click here to read official announcement:
Prime Minister Trudeau to travel to India for state visit

Canada’s Prime Minister, Rt. Hon. Justin Trudeau, will travel to India – at the invitation of India’s Prime Minister Hon. Narendra Modi – for a state visit from February 17 to 23, 2018.

Prime Minister Trudeau will visit Agra, Amritsar, Ahmedabad, Mumbai, and New Delhi. The visit will provide an opportunity to strengthen Canada India economic ties. He will participate in several business roundtables to promote business and commercial relations between Canada and India. The Canadian delegation will also work closely with Indian leaders to advance mutual growth and prosperity.

The Participation is limited to attend the business forum in Mumbai on 20th February and in New Delhi on 22nd February 2018. ICCC will facilitate the registration of ICCC members in due course.

Please send your request to iccc@iccconline.org on priority for further action.

With best regards

Kanwar Dhanjal

President

Newsletter - January 2018

Wed, 17 Jan 2018 11:11:32 GMT

ICCC Newsletter

January 2018

Letter from the President

Kanwar Dhanjal

What does it mean to lead a trade mission to India? I have been humbled by the experience after returning from my first India Mission. We had a series of meetings with our Partners in Success, we forged linkages with new Partners in Success by signing a Memorandum of Understanding with the Trade Promotion Council of India and the Mohali Industries Association. We also participated in the second Bengal Global Business Summit. We also had meetings with four Chief Ministers of Indian states and were able to avail of the opportunity to understand first-hand the significant measures these Indian states have undertaken to move ahead with their economic development.

India Mission 2018 was by all accounts a tremendous success. We were able to successfully visit Mumbai, Ahmedabad, Gandhinagar, New Delhi, Chandigarh and Kolkata during the two-week mission and we were able to focus on the sectors the ICCC had chosen to promote during the mission – Agro and Food Processing Industries, Advanced Manufacturing, Financial Services, Education, Business Immigration and Skills Development. We were greeted with enthusiastic response in every city, in every meeting. It was personally gratifying to me to witness the enthusiasm evinced by Capt. Amarinder Singh, the Chief Minister of Punjab, to our proposal of a more intense collaboration between Indo-Canadian entrepreneurs and the state of Punjab. He immediately announced the formation of an investors’ help desk dedicated for this purpose.

Click here to read the: Letter from President

Insight

Path to Prosperity

Resetting Canada's Growth Trajectory

Final report by Canada's Advisory Council on Economic Growth

How can we accelerate the growth of the Canadian economy and improve the prosperity of all Canadians over the coming 10 to 15 years?

That was the question posed by Canada’s Minister of Finance when he convened the Advisory Council on Economic Growth in early 2016. The Council’s mission is to examine the long-term potential of Canada’s economy and, based on its findings, to make recommendations for improving the prospects for inclusive economic growth.

The Council is convinced the formula that drove the past growth of the Canadian economy—and supported steady improvements in our standard of living—is unlikely to be sufficient for the future. Like many other advanced economies, Canada faces the pressure of an aging population, technological disruption to many sectors of the economy, and the rapid shift of global economic power to Asia.

Current trends suggest that annual GDP growth in Canada will average only 1.5 percent over the next 50 years—half the rate of the past 50. Left unchecked, the slower pace of growth would have a profound impact on the prosperity of Canadian families and the outlook for them and their children.

This does not have to be the case.

Canada’s numerous natural advantages, coupled with the opportunities created by a rapidly changing world, offer the potential to stimulate new waves of investment, innovation, and job creation, unlocking a new formula for growth and prosperity. The challenge that the Council set for itself was to identify bold solutions that could jolt the economy, stimulate inclusive growth, and help raise the quality of life for all Canadians, targeting a $15,000 increase in median annual pre-tax household income above current projections by 2030.

This document lays out a third release of Council recommendations for resetting the country’s long-term growth trajectory for the benefit of all Canadians. In October 2016, the Council released its initial findings and its first wave of three recommendations. They included increasing investment in infrastructure, a plan for raising foreign direct investment in Canada, and a set of proposals for attracting the immigrant talent Canada will need to fuel its growth.

Click here to read the speech: Insight


EDC Trade Insights	Export Guide	BDC Business Desk
	Download Step-by-Step Guide to Exporting
Click here for more:	Click here to download:	Click here for more:
Trade Insights	Trade Commissioners' Service Export Guide	Business Desk

Business Snippets	Programs & Events	Global Tenders

A brief summary of the most significant economic news during recent days.	A quick recap of the recent & forthcoming ICCC programs and events	A list of latest Global Tenders floated by the Government of India.
Click here for more: Business Snippets	Click here for more: Programs and Events	Click here for more: Global Tenders

ICCC app

Download ICCC phone app and stay connected on the go!

Avail all the benefits that you are entitled to as a member, click here to visit our Affinity programs: Affinity

Advertising, Outreach, Social Media

	Information about Indo-Canada Chamber of CommerceXXXXXXXXXXX Membership Advertising New Initiatives Social Media Disclaimer
	To read more, click here: About Newsletter

A big Thank you to all our Sponsors: Click here to meet our 2017-18 Sponsors:
ICCC's 2017-18 Partners in Success

Punjab Chief Minister welcomes Indo-Canadian collaboration

Sun, 14 Jan 2018 18:17:30 GMT

Punjab Chief Minister welcomes

Indo-Canadian collaboration

Meeting with Haryana Chief Minister ● ICCC signs MoU with Trade Promotion Council of India

Visit to Nirma University ● Roundtables in Chandigarh with MIA, CII

ICCC's India Mission 2018 delegation with Punjab Chief Minister Capt. Amarinder Singh

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Click on cover to download brochure

Toronto: The delegates of the Indo-Canada Chamber of Commerce’s (ICCC) India Mission 2018 continued with their high profile meetings in India. Led by ICCC President, Kanwar Dhanjal, the delegation members met Capt. Amarinder Singh, the Chief Minister of Punjab, last week. The meeting resulted in the Punjab Chief Minister directing Punjab’s Department of Industries to explore the setting up of a designated help desk for people of Indian origin settled abroad, especially in Canada, to invest in Punjab.

CM Capt. Amarinder directed the Secretary, Industries and Commerce and CEO Invest Punjab, Rakesh Verma to do so. Urging the delegation, comprising the Indian diaspora, to suggest ways and means to further strengthen bilateral commerce and business ties between the two countries by scaling up trade, the Punjab Chief Minister suggested that they explore investment opportunities in sectors of mutual interest.

ICCC India Mission 2018 delegation with Haryana Chief Minister Manohar Lal Khattar

ICCC President Kanwar Dhanjal said such collaboration was possible in sectors such as Education, Skill Development, Agro-based Industry and Information Technology. Capt. Amarinder assured the delegation of continued synergy at all levels to ensure overall development in the core sectors of health, education, agriculture and skill development in Punjab through transfer of technology and forging of technical collaborations between Punjab and Canada.

Citing the government’s ‘Connect with Your Roots’ programme, which he launched during his UK visit in September last year, Capt. Amarinder said that this programme would go a long way to help connect youngsters, especially the third generation, who had roots here in Punjab.

It was an excellent forum to apprise them of the state’s glorious heritage, cultural legacy and rich traditions, he said, adding that a similar program should also be initiated for the youth whose parents/grandparents had immigrated to Canada from Punjab.

MoU with TPCI

Roundtable at Mohali Industries Association

Roundtable at CII. Chandigarh

Emphasising the need for regular interaction of students, traders, businessmen and progressive farmers from state with their peers in Canada, the Chief Minister said both Punjab and Canada should facilitate frequent exchange of such delegations, based on their expertise and experience, for mutual benefit.

The Chief Minister also suggested introduction of certain courses and changes in current academic curriculum to conform with the Canadian education system in order to enable the local youth to get gainful employment in Canada.

Assuring Capt. Amarinder of their wholehearted support to the government’s efforts to promote development and prosperity in Punjab, the visiting Canadian delegation led by Kanwar Dhanjal said that, as the sons and daughters of the Indian soil, it was their moral duty to contribute something tangible for the growth and prosperity of Punjab. They emphasized the need for concerted efforts to boost the level of trade between Punjab and Canada.

Dhanjal apprised the Chief Minister of the Canadian technology for converting paddy straw into plywood, which would not only help the state get rid of this menace but also help supplement the income of the farmers multifold.

Taking part in the deliberations, MLA Fatehjang Singh Bajwa underscored the need to give a fillip to the small scale sector to generate employment opportunities for the state’s youth.

Prominent among others who attended the meeting were Advisor to Chief Minister B I S Chahal, MLA Bagha Purana Darshan Singh Brar, Addition Chief Secretary Home Affairs, N S Kalsi, Principal Secretary to CM Tejveer Singh, CEO Invest Punjab and Secretary, Industries and Commerce Rakesh Verma, MD PIDB D K Tiwari, MD Punjab Agro Vikas Garg besides members of delegation including its Jag Badwal, Naresh Kumar Chavda, Pranav Patel, Priank Garg, Pradyuman Jhala, Sameer Sharma, and Jagdish Grewal.

Visit to Nirma University

Subsequent to this meeting, the ICCC delegation also met the speaker of the Punjab legislative assembly Rana KP Singh. During the course of parleys, the issue of strengthening trade relations between Punjab and Canada was debated upon.

Welcoming the delegation, Rana KP Singh said that a congenial atmosphere has been created for trade and business activities in Punjab under the leadership of the Chief Minister, Captain Amarinder Singh and many pro-industrial policies are being implemented in the State. He further said that the Indian community in general and Punjabi community in particular has made a lot of progress in Canada and this progress has also rubbed off positively on the Canadian economy. The Speaker appealed to the delegation members that the NRI Punjabi industrialists should come forward to contribute to the maximum extent in the development of their motherland Punjab.

Meeting with Gujarat Chamber of Commerce and Industries

India Mission 2018 Commences

(Past member) — Thu, 11 Jan 2018 21:42:18 GMT

ICCC's India Mission 2018 commences

Five-city, multi-sector trade mission to promote collaboration in sunrise sectors

ICCC's India Mission 2018 delegation with Gujarat Chief Minister Vijay Rupani in Gandhinagar

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Click on cover to download brochure

Toronto: Indo-Canada Chamber of Commerce (ICCC) launched its five-city India Mission 2018 on January 8, 2018.

The Mission will be visiting Mumbai, Ahmedabad, Delhi, Chandigarh and Kolkata. The sectors of focus on the 2018 mission are Agro and Food Processing, ICT and Advanced Manufacturing, Financial Services, Education, Business Immigration and Skills Development.

The highlight of the Mission will be participation in the Bengal Global Summit in Kolkata.

Kanwar Dhanjal with Vijay Kalantri of AIAI & CG Jordan Reeves

Speaking on the occasion, Kanwar Dhanjal, President, ICCC, said, “As an annual feature, the Chamber has continued with its efforts to take economic ties between Canada and India to the next level.” He added that the primary focus is to build linkages between Canadian and Indian businesses and familiarize Canadian businesses with the tremendous opportunities that have opened up in India.

The ICCC President explained that India Mission 2018 has special significance because the Indian economy continues to grow at a stupendous rate. A recent World Bank report states the fundamentals of the Indian economy remain strong, with robust economic growth, strong fiscal consolidation, and low current account deficit, higher agricultural output, growing FDI, low inflation and higher wages in rural areas. Foreign investors are flocking to the Indian capital markets in a big way with a net inflow of over $30 billion of so-called hot money in 2017, with equities alone getting over $8 billion – an amount bigger than the cumulative investment of the previous two years.

Kanwar Dhanjal

Nareshkumar Chavda

Pranav Patel

Working in tandem with the Canadian diplomatic corps, the Chamber’s partners in success which include other business chambers, and union and state governments, the ICCC has lined up interactive sessions, B2B meetings, seminars, and workshops during the next two weeks. In the first leg of the Mission, it will get the briefing with the Canadian Trade Commissioner’s office in Mumbai.

In Gandhinagar, the delegation met the Gujarat Chief Minister Honorable Vijay Rupani. The delegates will be meeting important political decision makers including the chief ministers and ministers of Punjab, Haryana, West Bengal, and Gujarat during the mission. The two-week India Mission 2018 that commenced on 8th will conclude on January 18.

Nareshkumar Chavda and Kanwar Dhanjal with Gautam Shah, Ahmedabad's Mayor

Newsletter - December 2017

Thu, 21 Dec 2017 02:26:14 GMT

ICCC Newsletter

December 2017

Letter from the President

Kanwar Dhanjal

In the first week of December, the Indo-Canada Chamber of Commerce (ICCC) created a new precedent by organising the first annual SME Expo in Toronto. The ICCC’s inaugural SME Expo 2017 was a successful attempt by the new leadership of the Chamber to consolidate its programming and make it more business focussed rather than diaspora focussed. The SME Expo replaced the Winter Gala. The exposition attracted nearly two dozen exhibitors that included small businesses as well as large corporations that are the Chamber’s Partners in Success.

The Expo also included two panel discussions. The Honourable Jeff Leal, Minister for Small Business, Ontario, emphasized the need to promote small businesses with a view to create employment opportunities and lauded the role of Indo-Canada Chamber of Commerce (ICCC) in consistently advocating the cause of Canadian small and medium entrepreneurs as a part of its mandate.

In his extempore remarks, His Excellency Dinesh Bhatia, the Consul General of India in Toronto, credited the ICCC for understanding the emerging dynamics of the Canadian and the Indian economies and the role small businesses are and will be playing in these economies in the future. He said ICCC has pioneered the advocacy and promotion of the small businesses as a sector for the last decade-and-a-half and carved a niche for itself by doing so.

In the New Year, our Chamber will be leading a successful India Mission 2018 – the seventh consecutive year when the Chamber would be doing so. India Mission 2018 will commence on January 6 and visit five Indian cities before returning to Toronto January 18. The business mission will visit Mumbai, Ahmedabad, Delhi, Chandigarh, and Kolkata. The mission will participate in Bengal Global Business Summit in Kolkata and other key global and diaspora programs in the other cities on the itinerary.

Click here to read the: Letter from President

India Mission 2018

Five cities, multi-sector mission from January 6 to January 18
Collaboration with Canadian High Commission in New Delhi, Consulate General of India in Toronto
Collaboration with ICCC's Partners in Success in India (ICBC, AIAI, FICCI, CII, ICC, PHDCCI, GCCI)
Participation in Bengal Global Business Summit - 2018

Register now, click here: India Mission 2018

Give your inputs to Government of India on Program to Assist to Investors

A technical program is being conceived by the Ministry of External Affairs, Government of India (GoI) that could be targeted at some of the investing countries with the aim to offer assistance to investors to understand the investment landscape in India. This initiative is a step towards facilitating foreign investment in India by offering all possible assistance and consultancy to investors interested in investing in India.

Leading institutes in the realm of providing management & entrepreneurship education such as National Institute of Entrepreneurship & Small Business Development (NIESBUD), New Delhi, The Entrepreneurial Development Institute (EDI), Ahmadabad and Indian Institute of Management (IIM), Lucknow have been tasked to conceive a Bridge Programme for investors named Outreach.

The programme being conceived would be based on classroom and industry interface based pedagogy. The length of the programme would be 3 weeks residential programme and would encompass the following elements

A General introduction to and an over view of India
Cross-Cultural Management Issues
Regulatory Landscape, Taxation Regime (Direct and Indirect)
Statutory steps to setup a company and company registration
Legal and Statutory Compliance Requirement
FDI Policy
Other parameters on the Ease of doing business namely land acquisition processes, labor hiring, environmental laws etc.
Elements of entrepreneurship in the Indian landscape.

The exact details of the programme are being worked out in consultation with the above cited institutes. A tentative cost for a 3-week programme for a quorum of 25 participants, inclusive of Boarding, Lodging, Transportation and Course Material, is as follows:

NIESBUD, New Delhi: 6000 USD (ex Delhi)
EDI, Ahmadabad: 4700 USD (ex Ahmadabad
IIM, Lucknow: 4500 USD (ex Lucknow)

ICCC is requested to bring this to the notice of all their members and seek their responses to this proposal with the aim to explore if there is some additional topic(s) which they would wish to be covered under this course / required time duration / optimal cost and finally relevant content to give final shape to this Bridge Programme.

Inputs regarding this proposal may please be forwarded to the Consulate by 28 December, 2017.

Insight

India in Canada's worldview

India hardly figures in current discourse on Canadian foreign policy. Yet, the two countries are important to each other: one, a source of investment, technology and energy, the other an attractive market. The current challenge is to conclude negotiations on long-pending trade and investment agreements

By Rajiv Bhatia

As the Trudeau government completes two years in November 2017, uncertainty persists about the Canadian prime minister’s proposed visit to India. Canada and India are important to each other – Canada as a source of investment, technology and energy and as the home of 1.3 million Canadians of Indian origin, and India as an increasingly attractive market, a large and successful democracy and a global player. Yet, today’s mainstream discourse on Canada’s conduct of foreign relations does not include India – barring the occasional mention. Likewise, Canada goes missing from analyses of Indian foreign policy in the Indian media. Bilateral Track II dialogue on foreign policy issues hardly exists, reflecting the low priority each country accords the other.

A two-week sojourn in Toronto, with the opportunity to meet a range of scholars, diplomats and other experts, yielded many insights into the existing state of the bilateral. It reinforced the impression that shared values, the G20 platform and the Commonwealth connection form the background to this bond. Driven by these obvious commonalities, the two countries have cooperated well, culminating in Prime Minister Modi’s visit to Canada in April 2015. This gesture reciprocated several visits by Canadian VIPs including PM Harper and the governor general. After Trudeau became PM in November of that year, ministerial visitors to India have kept the momentum going, but interaction at the highest political level is still awaited.

The Indo-Canadian community, which is growing in size and influence, with four ministers and 19 MPs at the federal level, favours a closer bilateral relationship. Some elements, though, that are interested in persisting with the fundamentalist agenda of the past, remain keen on holding the partnership back, and even received a boost in their mission when the Ontario assembly adopted a motion in April 2017, which described the 1984 anti-Sikh riots as “genocide”. This immediately evoked negative reactions in India. The official spokesman stated: “We regret this misguided motion which is based on a limited understanding of India, its constitution, society, ethos, rule of law and the judicial process,” adding that New Delhi’s views were conveyed to the government and political leadership in Canada.

Rajiv Bhatia is Distinguished Fellow, Foreign Policy Studies Programme, Gateway House and a former ambassador.
He served as Consul General in Toronto during 1994-98.

This article was first published by Gateway House: Indian Council on Global Relations. You can read the original article here.

Click here to read the speech: Insight


EDC Trade Insights	Export Guide	BDC Business Desk
	Download Step-by-Step Guide to Exporting
Click here for more:	Click here to download:	Click here for more:
Trade Insights	Trade Commissioners' Service Export Guide	Business Desk

Business Snippets	Programs & Events	Global Tenders

A brief summary of the most significant economic news during recent days.	A quick recap of the recent & forthcoming ICCC programs and events	A list of latest Global Tenders floated by the Government of India.
Click here for more: Business Snippets	Click here for more: Programs and Events	Click here for more: Global Tenders

ICCC app

Download ICCC phone app and stay connected on the go!

Avail all the benefits that you are entitled to as a member, click here to visit our Affinity programs: Affinity

Advertising, Outreach, Social Media

	Information about Indo-Canada Chamber of CommerceXXXXXXXXXXX Membership Advertising New Initiatives Social Media Disclaimer
	To read more, click here: About Newsletter

A big Thank you to all our Sponsors: Click here to meet our 2017-18 Sponsors:
ICCC's 2017-18 Partners in Success

Indo-Canada Chamber of Commerce
924 The East Mall Toronto ON M9B 6K1
Tel: 416-224-0090.

Fax: 416-916-0086.
E-mail: iccc@iccconline.org

Website: www.iccconline.org

Indo-Canada Chamber of Commerce hosts its inaugural SME expo

Fri, 15 Dec 2017 16:21:00 GMT

https://www.toronto.com/news/business/indo-canada-chamber-of-commerce-hosts-its-inaugural-sme-expo/article_2b3df30f-b26d-522a-a7e6-95a0ea0a0b9f.html?

Me & My ICCC: Let's Benefit

(Past member) — Wed, 13 Dec 2017 23:30:00 GMT

Me & My ICCC: Let’s Benefit

Seminars Series: Networking & Edutainment

ICCC team with the small entrepreneurs presenters

Indo Canada Chamber of Commerce (ICCC) organsied its second seminar in the ‘ Me & My ICCC : Let’s Benefit’ series on December 13, 2017 on the theme Networking and B2B meeting.

The series with specific theme is expected to be held once in every two months inviting business promoters for pitching their services to the Chamber’s members at competitive rates.

Theme based events connect chain of services introduced and offered by members. Understand the integration within a given theme, be it Real estate, Hospitality, Healthcare, Education.

The theme also orients and refreshes best practices knowledge shared to our members. The chime of the event’s success has been promoting business and services for generating internal business leads and networking amidst our trade members.

The program's purpose is to achieve the following:

· ‘Networking’ – B2B Networking Approach – can it work for me: An Orientation

· Inspirational Speech – Case study of Successful Professional within our ICCC.

· Bringing together our ICCC members in developing our trade and contacts.

· Knowing our members closely and build up cross beneficial connectivity

· Business Pitching for our members with specific discounts

· Eventual after 3 Seminars, we shall have newsletter post of the event to highlight on our events and any discounts by members as part of Affinity program.

Kanwar Dhanjal, President, ICCC, flagged the latest event of the series held December 13. He recognized the event providing valued networking opportunities for our members, while ICCC’s Abu Becker, the Director of Business Development, reminded of various opportunities ICCC offered in terms of recently concluded SME Winter Expo and other important events following such as India Mission and Gala Dinner.

The event featured four small entrepreneurs to promote their businesses within the Chamber members:

SBI Canada Bank - wholly owned subsidiary of State Bank of India the largest Bank in India

Tangentia Inc. – IT consulting, technology and outsourcing firm based in Canada, USA, India.

BizXL Solutions Inc. – A management consulting firm for improving business performance and enterprise risk management.

Canadian Training Partners – providing leadership development, customized solutions as well as career planning tools.

All of them had their services well presented to the Chamber’s members and offered specific value services to ICCC members.

The event was well attended. There was a formal representation from India formally announced by Ajay Tandon, ICCC’s Vice President, Programs and Events.

Promoting Small Business - ICCC's SME Expo 2017

Thu, 07 Dec 2017 11:41:38 GMT

Promoting small businesses

ICCC's SME Winter Expo 2017 - a path breaking initiative


Ontario Minister Jeff Leal	India's Consul General Dinesh Bhatia

The Honourable Jeff Leal, Minister for Small Business, Ontario, emphasized the need to promote small businesses with a view to create employment opportunities and lauded the role of Indo-Canada Chamber of Commerce (ICCC) in consistently advocating the cause of Canadian small and medium entrepreneurs as a part of its mandate. The Minister was speaking at the Indo-Canada Chamber of Commerce (ICCC)’s inaugural SME Expo 2017 held Tuesday, December 5, 2017, in Toronto.

The ICCC’s inaugural SME Expo 2017 is a successful attempt by the new leadership of the Chamber to consolidate its programming and make it more business focussed rather than diaspora focussed. The SME Expo replaced the Winter Gala. The exposition attracted nearly two dozen exhibitors that included small businesses as well as large corporations that are the Chamber’s Partners in Success.


Kanwar Dhanjal, President, ICCC	Royce Mendes, Economist, CIBC

In his remarks, ICCC President Kanwar Dhanjal said, ICCC-SME Expo2017 is a great opportunity for Canadian small businesses to make direct connection with consumers and other businesses. Customised to cater to the growing connectivity needs of small businesses, and building upon the ICCC’s pledge to create opportunities for small entrepreneurs, ICCC-SME Expo2017 will become a trendsetter in the years to come.

Mr. Dhanjal added that the event is an attempt by the incumbent leadership of the ICCC to infuse the Chamber with business oriented programming. The ICCC-SME Expo2017 was organised in the backdrop of the increasing significance of small businesses to the Canadian economy. As a result, during the last decade-and-a-half, the ICCC has increasingly focused on advocating on behalf of small businesses.

The ICCC President said, in 2016 97.9 percent of entrepreneurial businesses were small businesses that employed 70.5 percent of the total private labour force. Small businesses contribute 30 percent to the Canadian GDP, account for 25.2 percent of exports and incur 27 percent of R&D expenditure. Keeping in mind that 78.5 percent of Canadian small businesses are service oriented, the ICCC-Expo2017 as well as the panel discussion will focus primarily on services sector.


Panel on Financing, Support and Startup, Impact of Proposed Tax Changes	Panel on Cryptocurrency, Fintech and Digital revolution

Two panel discussions were also organised as a part of the SME Expo 2017. Veteran ICCC member Murray Jans moderated the first on Financing, Support and Startup, Impact of Proposed Tax Changes. The panelists were Jeff Dennis – Partner at Fasken Martineau; Renu Narang – BDC; and Mike Marshall – CIBC. Sat Swaminathan moderated the second panel discussion on Cryptocurrency, Fintech and Digital revolution. The panelists for this one included Rahul Petkar – CEO Intellect Design Arena Inc., Harshvendra Soin – VP & Country Head, Tech Mahindra; and Peter McArthur – RBC.

Royce Mendes, Director & Senior Economist, CIBC, gave the keynote address.

ICCC Newsletter - November 2017

Wed, 15 Nov 2017 14:00:00 GMT

ICCC Newsletter

November 2017

Letter from the President

Kanwar Dhanjal

Kanwar Dhanjal (r) & Sanjay Brahmbhatt (l)
in Ottawa

It was a rare privilege for me to be invited by the Canadian House of Commons’ International Trade Committee earlier this month to make a presentation on Multiculturalism and International Trade.

The International Trade Committee of the Canadian House of Commons is in the process of consulting different bilateral chambers of commerce to understand the impact of multiculturalism on trade and to device mechanisms to deepen and sustain this impact. In particular, the committee is analyzing the following:

Impact of diaspora communities on trade and economic growth in Canada
The economic benefits of diversity and inclusion in trade

How Canadians successfully trade with their countries of origin
How diaspora drives exports
The ways the federal government can support trade of this nature

In my presentation as the President of Indo-Canada Chamber of Commerce (ICCC), I emphasized the catalytic role that the Chamber has been performing in ensuring that the Indo-Canadian diaspora is positively engaged in promoting bilateral trade relations between Canada and India.

I elucidated the measures that the ICCC had undertaken over the last four decades in promoting bilateral trade, and in particular, stressed upon the tangible outcomes of the annual India Mission which provides an opportunity for Canadian small businesses to forge linkages with Indian small businesses. Many Canadian suburban cities are now participating in the India Mission to establish direct connections with India. The India Mission is a multi-sector, multi city trade mission to India organised annually, which one of the initiative to boost the trade between two countries.

Mr. Sanjay Brahmbhatt, Director, International Trade, Indo-Canada Chamber of Commerce (ICCC), also accompanied me to Ottawa and was present during the formal session with the International Trade Committee.

Click here to read the: Letter from President

Markham honours ICCC

Mayor of Markham His Worship Frank Scarpitti honoured the Indo-Canada Chamber of Commerce with a Certificate of Appreciation. Pranav Patel, Director, Membership and YPE, accepted the certificate on behalf of the ICCC

Insight

India visit of Canadian Ministers

François-Philippe Champagne, Navdeep Bains, Marc Garneau on a multi-city visit

4th India-Canada Annual Ministerial Dialogue

Interviews with Champagne and Garneau

The vibrancy of Canada’s cultural and people-to-people ties with India is a competitive advantage that has yet to be fully tapped for the benefit of Canadians and Indians alike. Canada counts more than a million Indo-Canadians comprising 3 percent of the Canadian population and $8 billion in annual trade. Deepening economic engagement now is the key to turning that strength in cultural diversity into an economic one for long-term growth, prosperity and more middle-class jobs for Canadians.

India has long standing friendly bilateral relations with Canada. Though geographically separated by a large distance, the historical ties between the two countries date back to the late 19th Century, when Indians began migrating in small numbers to British Columbia in Canada. Trade and investment relations between India and Canada are yet to realise their full potential. Given enormous complementarities, a concerted effort to boost bilateral trade and investment from both sides would provide a fruitful outcome.

To that end, the Honourable François-Philippe Champagne, Minister of International Trade; the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development; and the Honourable Marc Garneau, Minister of Transport, were on a trade mission to India from November 13 to 17, 2017, along with a delegation of Canadian business people.

Click here to read the speech: Insight


EDC Trade Insights	Export Guide	BDC Business Desk
	Download Step-by-Step Guide to Exporting
Click here for more:	Click here to download:	Click here for more:
Trade Insights	Trade Commissioners' Service Export Guide	Business Desk

Business Snippets	Programs & Events	Global Tenders

A brief summary of the most significant economic news during recent days.	A quick recap of the recent & forthcoming ICCC programs and events	A list of latest Global Tenders floated by the Government of India.
Click here for more: Business Snippets	Click here for more: Programs and Events	Click here for more: Global Tenders

ICCC app

Download ICCC phone app and stay connected on the go!

Avail all the benefits that you are entitled to as a member, click here to visit our Affinity programs: Affinity

Advertising, Outreach, Social Media

	Information about Indo-Canada Chamber of CommerceXXXXXXXXXXX Membership Advertising New Initiatives Social Media Disclaimer
	To read more, click here: About Newsletter

A big Thank you to all our Sponsors: Click here to meet our 2017-18 Sponsors:
ICCC's 2017-18 Partners in Success

Assam Minister wants H2H connection

Sun, 29 Oct 2017 22:30:00 GMT

Assam's Minister wants heart-to-heart connection

Chandra Mohan Patowary leads a high-powered delegation to Toronto

Minister Chandra Mohan Patowary

Chandra Mohan Patowary, Minister for Industries and Commerce of India’s eastern province Assam, declared that his mission is to establish a heart-to-heart dialogue between his province and Canada. “We have all heard of B2B, B2C, I’m here to establish a H2H linkage between my home and your home. H2H means heart to heart,” Patowary said and the gathering of Indo-Canadian entrepreneurs and professionals gathered at the networking reception broke into a spontaneous applause.

The Minister was leading a six-member delegation comprising Minister Keshav Mahanta, Chief Secretary of Assam, Vinod Kumar Pipersenia, other key officials including members of the international desk of the Federation of Indian Chambers of Commerce and Industry (FICCI).

Kanwar Dhanjal, President, Indo-Canada Chamber of Commerce (ICCC) welcomed the delegation and informed them that the ICCC would be leading a delegation to India in the New Year and would actively consider putting Assam on the itinerary. He spoke about the ICCC’s plans to organise a series of trade related events starting next month and going well into the next year.


CG Bhatia	ICCC President Kanwar Dhanjal

Consul General of India in Toronto, Ambassador Dinesh Bhatia, in his remarks said that there were many similarities between Canada and India and that the trade potential between the two countries was tremendous and as yet largely untapped. He said that the leadership of both the countries are committed to improve the trade relations. He pointed out the many meetings at different venues that the Canadian and Indian prime ministers have had and their commitment to improve trade ties.

Minister Patowary said that Assam is the gateway to India’s Looking East policy and thanks to Indian Prime Minister Narendra Modi, the word ‘Looking’ has been dropped and been replaced by ‘Acting’. He said the Acting East policy is geared up to cater to not just the eight North Eastern provinces of India, but also countries that are contiguous of Assam, which has a 4,000-odd kilometres international border. Minister Patowary said that any Canadian investor easily be able to access a large and growing market not only in India’s North east, but also Bangladesh , Myanmar, and even China.

ICCC leadership and the Consul General with the visiting Assam delegation

ICCC's WEP & BDC organise a workshop for women entrepreneurs

Wed, 25 Oct 2017 22:00:00 GMT

ICCC's WEP & BDC organise a
workshop for women entrepreneurs

Renu Narang

Women entrepreneurs are ambitious and talented, and yet, their companies tend to be smaller and grow slower than those of their male counterparts.

This can be a real barrier to success in today’s competitive environment. That’s why it’s so important to invest in business and cultivate its growth. The Women Entrepreneurs Committee of ICCC in partnership with BDC recently organised an exclusive event to learn how Women Entrepreneurs can better promote their business.

Renu Narang, Manager, Entrepreneurship Centre, BDC, was the main speaker at the event. She has over 15 years of diversified experience in banking, business development and real estate. As the manager of the BDC Scarborough Entrepreneurship Centre, Renu manages a team of dedicated individuals support local growing entrepreneurs by providing financing and advisory solutions. Renu and her team provided different solutions for new projects. She is also involved in the community with active participation in school board, and the ICCC.

Kanwar Dhanjal

She provided insights into the BDC’s initiative to engage more women entrepreneur in starting businesses. BDC is the only bank devoted exclusively to entrepreneurs and it offers flexible financing for all type of start-up businesses. It also performs an advisory role for the new business leaders for setting up the venture and has over $50 million investment in women led technology firms

Devika Penekelapati

Improvements in businesses with the help of BDC. In his welcome remarks, Kanwar Dhanjal, President of Indo-Canada Chamber of Commerce (ICCC) said that the Chamber is focused on promoting women entrepreneurs. He encouraged women entrepreneurs to participate in the Chamber’s forthcoming Canada-India Expo that the ICCC is organising in December 2017, and also participate in the India Mission 2018. Devika Penekelapati, Corporate Secretary and Vice President, Sponsorship, gave the vote of thanks.

State of City Address by Mayor of Mississauga Bonnie Crombie

Tue, 24 Oct 2017 22:00:00 GMT

Mississauga's glorious ascent

The State of the City Address – an informative and compelling presentation

by Her Worship Bonnie Crombie, Mayor of Mississauga

Mayor Crombie delivers 2017 State of the City Address

"We are strengthening the foundation to build Mississauga for the next fifty years," Mississauga Mayor Bonnie Crombie said during her keynote 2017 State of the City Address delivered at a business networking event hosted by the Indo-Canada Chamber of Commerce (ICCC) last week.

“I stand before you today to say the state of the City of Mississauga is strong,” Mayor Crombie said. “Our future is bright, proud and promising. We are achieving real results for the entrepreneurs, businesses and people of Canada’s sixth-largest City,” Mayor Crombie added.

In 2024, Mississauga turns 50, Mayor Crombie said, adding that “the work of Council and staff is proof Mississauga’s next 50 years, will not look like our first 50.”

“There’s a buzz about our City. It’s being felt around the country. The headlines speak for themselves. All eyes are on Mississauga. But make no mistake: in Mississauga, we don’t leave success to chance. We plan for it. We see it through.”

“Mississauga is working,” Crombie said.

Mayor Crombie made the following announcements during her keynote address:

Mayor Crombie will represent Ontario this week at the 2017 Federal-Provincial-Territorial meeting of infrastructure ministers;
September 2017 Investment Mission to Japan – Mississauga has nearly 100 Japanese companies, more than any other Canadian city;
UTM scientist and researcher – Dr. Patrick Gunning – will deliver the keynote address during the Mayor’s 2017 Youth Speaker Series event;
4th Annual First Look Angel Investor Networking Event planned for Spring 2018;
City-Wide Small Business Town Hall planned for October 2017;
2nd Annual Mayor’s Youth Employment Expo – taking place on November 19th at City Hall;

Mayor Crombie also discussed at length city-building accomplishments and opportunities including:

Projected nearly $52 million in savings of tax dollars over the past decade;
For the fourteenth straight year, Mississauga retains its Triple-A credit rating;
Implementation of an accountable and transparent Stormwater Charge to build modern and reliable infrastructure;
City of Mississauga’s Five-Year Life Sciences Cluster Strategy;
Planned opening of BioLab’s new R&D centre – a job-creating investment secured in large part by the Mayor’s 2015 South American Investment Mission;
The Economic Development Office’s Building Skilled Talent Together Forum – which led to partnerships with the Mayor’s Office to launch two new youth employment programs: one in aerospace the other in information technology (IT);The development of Mississauga’s first-ever 25-year Transportation Master Plan;
Planned opening of the Renforth Gateway Transitway stop;
Ongoing progress with Metrolinx to build the Hurontario LRT;
Ongoing advocacy for Council-approved priorities including the Missing Link all-day, two-way GO Train plan and Making Room for the Middle – Mississauga’s housing affordability plan;
Tech and the City Hackathon on October 21 at UTM’s Innovation Complex;
Council and staff are developing a made-in-Mississauga Climate Change Action Plan; this follows Council’s approval to join the Global Covenant of Mayors for Climate and Energy and a vote to designate the St. Lawrence River and the Great Lakes and St. Lawrence River basin – as a UNESCO Biosphere Reserve;

Mayor Crombie informed the participants that the city surpassed its target for the 2017 Mayor’s City-Wide Food Drive. “Since this current Council was sworn in, we all have so much to be proud of,” Mayor Crombie said. “We’re doing what we said we would do.”

Mayor Crombie concluded “It is an honour to serve as your mayor. As we look ahead, there is more to be done. We’ve only just begun. And I’m ready for the hard work that’s ahead of us.”

In his remarks, ICCC President Kanwar Dhanjal informed the Mayor of Mississauga that the ICCC is planning a major program in the next couple of months – the Winter Expo will be a first of its kind event that will showcase the businesses of Canadian small businesses and simultaneously focus on pertinent issues pertaining to small businesses through panel discussions involving specialists and experts.

He said, in the New Year, the ICCC will have its traditional multi-city, multisector trade mission to India that will once again focus on a mix of sunrise and traditional sectors of bilateral trade between Canada and India. “We will also have our annual Canada – India Business symposium in June that will coincide with our Annual Gala.”

Mr. Dhanjal enumerated the Chamber’s new plan. He said the under new leadership is young and is giving a new direction and impetus to the 40-year-old institution. “India is booming with a sustained growth averaging at around 7 percent,” he said.

Canada – India trade is also steadily growing and the two-way merchandise trade has reached $8billion, and will enhance at a faster pace when the CEPA is signed, bilateral investment is also steadily growing and will enhance exponentially when the FIPPA is signed.

ICCC board with Mayor Crombie

Talking bilateral trade - 16 -10-17

(Past member) — Mon, 16 Oct 2017 19:52:01 GMT

Talking bilateral trade

ICCC team meets Francois-Philippe Champagne, Canada’s International Trade Minister

ICCC Team with Minister Hon. Francois-Philippe Champagne, MP Ruby Sahota and his team

The Honourable François-Philippe Champagne, Canada’s Minister for International Trade, met with a team of Directors of the Indo-Canada Chamber of Commerce (ICCC) led by President Kanwar Dhanjal. The other members of the team comprised Pramod Goyal, VP - Finance; Abu Becker, Director - Affinity & Business Development; Pranav Patel, Director - Membership; Tauseef Sheikh, Director - Sponsorship; and Pradyuman Jhala, Director - SME. The Minister was accompanied by his team of interlocutors including David Hartman, Director General South Asia Bureau, and MP Ruby Sahota. Together the two teams discussed issues of significance to Canada-India bilateral trade.

The Minister informed the ICCC team that an official Canada government is visiting India next month to continue with the discussions with the Indian authorities on issues of mutual interest. Hon. Champagne insisted that the key to exponential success in bilateral trade in merchandise and services will only come about following the signing of the Comprehensive Economic Partnership Agreement (CEPA), and the Foreign Investment Promotion and Protection Agreement (FIPPA).

The ICCC delegation emphasized the growing importance of sunrise sectors in bilateral trade and service including education and food processing. Kanwar Dhanjal, President, ICCC, said “Both governments must be cognisant of the growth of these two sectors, and do everything to promote them.” He added that the ICCC would support any initiative taken to promote these two sectors. Thanks to the steady increase in the number of international students from India, and the rise in tourism, the revenue from students and tourists from India is expected to rise substantially.

The ICCC team also spoke about the tremendous potential in the film production and distribution sector. Canada and India signed a co-production treaty in 2014 and the treaty allows film producers to tap into various incentives and tax breaks offered by both governments. Soon after the treaty was signed, a delegation of 14 Canadian producers participated in the 4th Forum of the Canada-India Business Council in Mumbai to promote the Canada-India Audiovisual Co-Production Treaty.

Telefilm Canada and the Ontario Media Development Corporation (OMDC) are spearheading the co-production cooperation with support from the High Commission of Canada in New Delhi, the Consulate General of Canada in Mumbai and the Canadian Media Production Association (CMPA).

The ICCC team also spoke about the imminent decision of the Indian government to allow 100 percent Foreign Direct Investment in the defense sector. India is planning to further liberalize its defense sector by allowing 100 percent foreign direct investment (FDI) in projects. The move is mainly aimed at curtailing the striking slowdown in the defense sector which has failed to attract huge investments in recent years despite the introduction of sweeping reforms in defense investment rules. Pramod Goyal, VP -Finance, said that the opening of the defense sector would give tremendous opportunities to the Canadian defense equipment manufacturers.

The ICCC team also discussed the growing need in the Indian agriculture sector of farming technology and equipment where Canada can deliver Indian needs. Among the other issues that the ICCC team discussed with the International Trade Minister and his team was to build partnership with Director General South Asia Bureau and to work with the Canada’s International Trade department to avail of grants to invite trade delegations from India to visit Canada.

The ICCC team also discussed the Smart Cities project and the Canadian involvement in the project, and the global city development in India. The ICCC team also communicated the forthcoming India Mission 2018 and the business symposium that will be held in December 2017.

The ICCC Directors team also had a meeting with MP Ramesh Sangha, who is also the Chair of Canada – India Parliamentary Friendship Group (CIPFG) and explored areas of mutual co-operation and to further strengthen joint working between the two teams.

ICCC Newsletter - October 2017

Sun, 15 Oct 2017 14:00:00 GMT

ICCC Newsletter

October 2017

Letter from the President

Kanwar Dhanjal

As the new President of the Indo-Canada Chamber of Commerce, I offer a pledge to all its members, stakeholders and sponsors: Your new board will bring about constructive changes in our four-decades-old institution that we all proud of.

Our new board comprises a fundamental shift in the composition of the Chamber’s leadership – we are all relatively new to the Chamber, all of us have been involved with the Chamber for just about a decade, or even less. This is significant considering that over the last four decades of the Chamber’s history, its leadership has comprised of a small group.

Our leadership represents a new dawn in the Chamber’s history. We will encourage and reinforce this trend in the Chamber’s operations by encouraging new members to take up pole positions in our committees – both statutory and non-statutory.

This proposal neatly dovetails with our board’s plan to go full throttle ahead with membership engagement. We will customise our programming so that it appeals to specific segments of our membership. This will ensure that members from different professional and entrepreneurial backgrounds find resonance with our programs and become more active in participating in the Chamber’s activities.

In simple terms, this will ensure that you won’t see the same faces at all our programs.

Member engagement will also mean providing value through our affinity program. Soon, we will be announcing a slew of affiliations and associations with service providers who will offer substantial benefits in terms of dollar value to members of the Chamber.

Click here to read the: Letter from President

Meet your new board

From Left to Right (Seated): Ajay Tandon, Devika Penekelapati, Kanwar Dhanjal, Pramod Goyal, Abubakkar Noohujohn,
(Standing): Tauseef Sheikh, Naresh Chavda, Pranav Patel, Sanjay Brahmbhatt

Click here to read the report: New Board

Insight

Renegotiating NAFTA in the Era of Trump

Keeping the Trade Liberalization In and the Protectionism Out

By Simon Lester, Inu Manak, and Daniel Ikenson

CATO Working Paper

When the North American Free Trade Agreement (NAFTA) came into force in January 1994, it was a ground breaking achievement. It eliminated nearly all tariffs among three significant trading partners and achieved liberalization on a wide range of other issues (some of which had never before been included in trade agreements). Now the United States, Canada, and Mexico are about to begin a historic renegotiation of NAFTA.

The proposal to renegotiate NAFTA may have been motivated by protectionist objectives. But there is potential to minimize or even avert protectionist outcomes. In the end, renegotiation presents the opportunity to modernize, fix, and expand the rules of NAFTA, and produce a “freer” free trade agreement, which would be good for the North American economy.

Click here to read the speech: Insight


EDC Trade Insights	Export Guide	BDC Business Desk
	Download Step-by-Step Guide to Exporting
Click here for more:	Click here to download:	Click here for more:
Trade Insights	Trade Commissioners' Service Export Guide	Business Desk

Business Snippets	Programs & Events	Global Tenders

A brief summary of the most significant economic news during recent days.	A quick recap of the recent & forthcoming ICCC programs and events	A list of latest Global Tenders floated by the Government of India.
Click here for more: Business Snippets	Click here for more: Programs and Events	Click here for more: Global Tenders

ICCC app

Download ICCC phone app and stay connected on the go!

Avail all the benefits that you are entitled to as a member, click here to visit our Affinity programs: Affinity

Advertising, Outreach, Social Media

	Information about Indo-Canada Chamber of CommerceXXXXXXXXXXX Membership Advertising New Initiatives Social Media Disclaimer
	To read more, click here: About Newsletter

A big Thank you to all our Sponsors: Click here to meet our 2016-2017 Sponsors:
ICCC's 2017-18 Partners in Success

Meet your nominated directors

Fri, 13 Oct 2017 14:00:00 GMT

Meet your nominated directors

At a recently-held board meeting of the Indo-Canada Chamber of Commerce (ICCC), the board unanimously passed a resolution appointing Pradyuman Jhala and Rakesh Joshi as directors of the ICCC with immediate effect.

Kanwar Dhanjal, President of the Indo-Canada Chamber of Commerce, welcomed the new members of the board. He said, “Both Pradyuman and Rakesh have been active in the community and continue to contribute to the Canadian society in varied ways. Their presence will strengthen the board and give it a sharp focus.”

Pradyuman Jhala is the President and CEO of SPS Canada Immigration and founder of the SPS Canada Group of Companies that includes SPS Canada Immigration, Student Placement Services Inc., SPS Canada Capital, SPS Canada Asset Corp. and South Asian International Student Association (SAISA). He is an active member of Immigration Consultants of Canada Regulatory Council. He has also been appointed as the Commission of Oaths by the Ministry of the Attorney General, Ontario Canada. With over 15 years of experience as a Senior Immigration Practitioner, Pradyuman handles all immigration-related matters for global clients. In addition to his growing practice, Pradyuman is a huge proponent of community involvement.

Rakesh Joshi is a member of the Law Society of Upper Canada and is a practicing lawyer in Toronto. He is also a member of Canadian Bar Association and Director of Canadian Association of South Asian Lawyers. Rakesh is serving in various leadership positions within the legal community and has devoted himself in mentoring the budding lawyers. Engaged mainly in Real Estate Law and Corporate Law, Rakesh has handled a high volume of transactions successfully to the utmost satisfaction his clients. He was decorated with the prestigious Queen Elizabeth II Diamond Jubilee Medal. He is on the panels of prestigious print media houses and community organizations in Toronto and GTA as their Legal Advisor/ Member Advisory Board. He has a great passion for community service. He is a member of Brampton School Traffic Security Council. He has been encouraging and supporting various supports events in GTA.

As per the by laws of the Chamber, the appointment of the nominated directors is for one year and will end in September 2018.

Meet your new board

Mon, 02 Oct 2017 22:30:00 GMT

Meet your new board

Directors committed to take ICCC to new heights

From l to r (seated) Ajay Tandon, Devika Penekelapati, Kanwar Dhanjal, Pramod Goyal, Abubakkar Noohujohn,
(standing): Tauseef Sheikh, Nareshkumar Chavda, Pranav Patel, Sanjay Brahmbhatt

At the first meeting of the board of directors of the Indo-Canada Chamber of Commerce held earlier this week, the President Mr. Kanwar Dhanjal announced the portfolios of the new board members. The new board comprises nine elected directors. It may be recalled that on September 21, 2017, at the Chamber’s Annual General Meeting, the members elected six new directors for a two-year term, and three directors are in the middle of their two year term.

Prior to assigning the new responsibilities, Mr. Dhanjal held intensive discussions with the directors to gauge their interests and aptitude and together the board charted out a daring and ambitious path for the Chamber for the next 12 months.

“Our target will be to enhance our outreach, enhance membership and sponsorship, and to ensure connectivity with members,” Mr. Dhanjal said.

The new board and their portfolios

Kanwar Dhanjal, President: Mr. Dhanjal is a technocrat with more than 25 years’ experience in the instrumentation and automation services industry. He is founder of Just Instruments Inc. which is a pioneer in the field of process control industry.

Devika Penekelapati, Corporate Secretary & Vice President, Sponsorship: Ms. Penekelapati is a founder and Managing Partner of Borders Law Firm, a boutique immigration law firm in Toronto. She has extensive experience of Canadian immigration law.

Pramod Goyal, Vice President, Finance: Mr. Goyal is the Senior Vice President and CEO of Canadawide Financial Corporation Limited, a business advisory and management consulting firm. He is a business strategist and a management consultant with over three decades’ experience.

Ajay Tandon, Vice President, Programs and Events: Mr. Tandon is the CEO of Canadian Travel Services, a fast growing complete travel solution and aviation company specializing in projects across the globe.

Nareshkumar Chavda, Vice President, Membership & Government Relations: A licensed Immigration Consultant, Mr. Chavda is the President Globayan Immigration Corporation, with its headquarters in Toronto and representatives offices located in India.

Abubakkar Noohujohn, Director, Affinity Programs, Business Development & Councils Affairs: Mr. Noohujohn is the CEO of the Nrich Group, President of Airbond Travel and has recently been appointed as the Canadian representative of the NEST Group of India.

Sanjay Brahmbhatt, Director, Trade, Commerce, Mining & Energy: Mr. Brahmbhatt is a small entrepreneur with over 20 year experience in the field of Business Development, Sales and marketing in India, Dubai (U.A.E.) and Canada.

Pranav Patel, Director, Legal Affairs & Membership: Mr. Patel is a barrister, solicitor and notary public. He has an outstanding reputation in the legal community, and enriched experience in the public and private sectors.

Tauseef Sheikh, Director, Sponsorship, New Immigrants & Mentorship: Mr. Sheikh is with HSBC Bank. He is a seasoned, top-performing banking professional with experience in Global Banking, Retail Banking and Wealth Management.

A day later, the new board officially met the Consul General of India in Toronto Ambassador Dinesh Bhatia. The Consul General congratulated the new board and assured the Indian Consulate’s continued support to all bilateral promotional activities that the ICCC would undertake. Over the years, and especially during Ambassador Bhatia’s tenure, the Indian Consulate and the ICCC have forged close ties to promote bilateral trade between Canada and India.

ICCC board with CG Bhatia

Kanwar Dhanjal is the 29th President of ICCC

Fri, 22 Sep 2017 02:00:00 GMT

Kanwar Dhanjal elected

ICCC's 29th President

Committed to enhancing member connectivity

Kanwar Dhanjal

Kanwar Dhanjal was unanimously elected the 29th President of the Indo-Canada Chamber of Commerce (ICCC) Thursday, September 21, 2017, by his eight colleagues, six of whom including Mr. Dhanjal were earlier elected to a two-year term to the board. The elections were held online and recorded an unprecedented 63 percent participation from the Chamber’s members.

Dhanjal is a technocrat by profession, having more than 25 years’ experience in the automation and instrumentation industry right from an engineer to a director. He is founder of Just Instruments Inc. which provides instrumentation and automation services in the field of process control for the last six years. He has been Chair of ICCC’s Energy Committee for the last two years and the Chair of the ICCC’s Gala committee in 2015. He is a Rotarian with Rotary Club of Brampton and has participated in many volunteer activities with club. He is also the Chair of the International Trade Committee of Brampton Board of Trade.

An elated Mr. Dhanjal, speaking about his priorities after becoming the President, said his endeavour would be to encourage his team of directors to build a direct connection with the members. “Connectivity with members is the key to our growth,” he said, and declared that his aim would be to enhance the membership of the Chamber and build upon the previous year’s growth and take it to at least 1,000 in the next year.

“We have challenges on two critical fronts – sponsorship and membership. Without making any high-sounding claims, I want to assure the general body that on both these front, my team will show extraordinary achievements when we meet here again next year,” he added.


Devika Penekelapati	Abu Becker	Ajay Tandon


Naresh Chavda	Sanjay Brahmbhatt	Pramod Goyal


Pranav Patel	Sheikh Tauseef	Arun Srivastava

Mr. Dhanjal also pledged to ensure that the new board would continue on the path of fiscal prudence. He said, “I also pledge that our team will offer a better, concrete, tangible and inclusive board that will create a new benchmark in reaching out to members, stakeholders, sponsors and the Canadian business community.”

Terming the 2017 election as a major shift in paradigm, Mr. Dhanjal said that the directors elected at the 2017 Annual General Meeting of the ICCC represented the younger generation that aspires to transform the Chamber and make it more receptive of the changing business and economic environment.

He said the Indo-Canadian community is rising demographically, and manifesting its presence in all spheres of Canadian society. It is time for the Chamber to rejig its priorities and make the institution relevant to the members, stakeholders and sponsors.

The other directors who have been re-elected along with Mr. Dhanjal for a two-year term include Mr. Ajay Tandon and Mr.Abu Becker. The new directors who have been elected for the first time are Mr. Pramod Goyal, Mr. Pranav Patel and Mr.Sheikh Tauseef. Three other directors, who are in the middle of their two-year term, are Ms. Devika Penekelapati, Mr. Naresh Chavda, and Mr. Sanjay Brahmbhatt.

The AGM was attended by over 150 members, a majority of whom participated in a lively discussion on all the agenda items, which included a report on the sale of the building by the corporate secretary, and a report by the Chamber’s audit committee chair Mr. Imtiaz Seyid.

Corporate Secretary Ms. Penekelapati initiated the meeting and then handed over the proceedings to the chair Mr. Rakesh Goenka, a former President of the ICCC. Mr. Ajit Khanna, also a former President of the Chamber and Mr. Jagdish Bajaj, a former Vice President of the Chamber, oversaw the ballot counting online and declared the results.

Altogether 12 candidates had contested elections for the six vacancies on the board. Mr. Dhanjal invited all the candidates to rededicate themselves to working for the Chamber. A number of past presidents, vice presidents, and board members participated in the meeting.

Mr. Arun Srivastava, the outgoing President, thanked his board for making his tenure memorable and one that was full of accomplishments.

Indo-Canada Chamber of Commerce
924 The East Mall Toronto ON M9B 6K1
Tel: 416-224-0090416-224-0090 .

Fax: 416-916-0086.
E-mail: iccc@iccconline.org

Website: www.iccconline.org

ICCC Newsletter - September 2017

Fri, 15 Sep 2017 13:00:00 GMT

ICCC Newsletter

September 2017

Letter from the President

Interaction with Minister Bardish Chagger on proposed fair tax plan

The federal government is conducting Canada-wide consultations on the Fair Tax proposals announced by the federal finance minister on July 18. The consultations will continue till October 2. The proposals have been greeted with near-universal condemnation from small business owners. This is because the proposed changes will hit the vulnerable sections more than other sections. The proposed changed will affect hundreds of thousands of independent businesses, professionals and taxpayers across a wide range of sectors and regions. These changes are coming at a time when business owners are already facing a myriad of additional costs, including Canada Pension Plan and Employment Insurance premium increases for the next several years and new provincial policies around carbon pricing and labour reforms.

Click here to read the: Letter from President

Minister Bardish Chagger meets ICCC's small business owners to discuss Fair Tax proposals

ICCC leaders and small business owners with Minister Chagger

Click here to read the report: Meeting

Insight

Do Higher Interest Rates Cause Lower House Prices?

Not necessarily, says David Larock

I have always enjoyed challenging widely held beliefs, probably because so many of them fall apart upon closer examination. Most recently, my contrarian radar started going off in the summer as talk of a Canadian housing bubble increased from a simmer to a boil. One of the most common justifications used in the argument that our house prices are due for a precipitous fall is that rock bottom interest rates have nowhere to go but up. When rates increase, the argument goes, affordability decreases and prices have to fall or buyers will be priced out of the market. Fair enough. It’s true that when interest rates increase, the cost of borrowing becomes more expensive, and it’s reasonable to assume that our historically low interest rates are more likely to increase than decrease over time. Bubble talkers regularly cite both factors when making their case, and after much repetition, consumers accept the conclusions that are drawn from these assumptions as valid. Far be it for me to let real data get in the way of a good round of group think, but alas, I do enjoy tipping over the apple cart, so here goes.

Click here to read the speech: Insight


EDC Trade Insights	Export Guide	BDC Business Desk
	Download Step-by-Step Guide to Exporting
Click here for more:	Click here to download:	Click here for more:
Trade Insights	Trade Commissioners' Service Export Guide	Business Desk

Business Snippets	Programs & Events	Global Tenders

A brief summary of the most significant economic news during recent days.	A quick recap of the recent & forthcoming ICCC programs and events	A list of latest Global Tenders floated by the Government of India.
Click here for more: Business Snippets	Click here for more: Programs and Events	Click here for more: Global Tenders

ICCC app

Download ICCC phone app and stay connected on the go!

Advertising, Outreach, Social Media

	Information about Indo-Canada Chamber of CommerceXXXXXXXXXXX Membership Advertising New Initiatives Social Media Disclaimer
	To read more, click here: About Newsletter

A big Thank you to all our Sponsors: Click here to meet our 2016-2017 Sponsors:
ICCC's 2016-17 Partners in Success

Build your competitive edge

Wed, 13 Sep 2017 22:30:00 GMT

"Build your competitive edge in the 21st Century"

ICCC hosts Murali Murthy in its wrap-up event for the fiscal year

On September 13, 2017, at its fiscal year wrap-up meet, the ICCC was host to Murali Murthy, acclaimed Public Speaker, Life Coach and the Author of the Canadian bestseller You Are HIRED! and the ACE Series of Books - The ACE Principle, The ACE Awakening and The ACE Abundance.

“Personal Branding is the most powerful self-marketing strategy to achieve personal and professional success,” Murali stressed in his riveting talk on “How to develop your competitive edge.”

He underlined the need to have a strong online presence, as a first step toward personal branding.

“Branding is about getting your prospects to see you as the only one that provides a solution to their challenge and fills an immediate need.”

He concluded by reminding that success is all around us and by following his success formula under the acronym ACE - Absorb Comprehend Excel, we can all achieve everything that we set out to do.

WEP's Mix and Mingle

Mon, 11 Sep 2017 22:30:00 GMT

Mix and Mingle

ICCC’s WEP committee’s meeting that combines business with fun

The WEP group

Indo-Canada Chamber of Commerce (ICCC)’s Women Entrepreneurs and Professionals (WEP) Committee organised Mix and Mingle, a fabulous get together of women entrepreneurs and professionals at the Grazie Italian restaurant earlier this week.

Speaking on the occasion Devika Penekelapati, Corporate Secretary and Vice President, Events and Sponsorship, ICCC, informed the guests of the hoary traditions of the Chamber and the various ways in which it was engaging with community and business leaders. She also spoke about the unique role that the WEP committee has created for itself in the Chamber.

Ajay Tandon, Director, Tourism and Hospitality, while addressing the audience, emphasized the positive role that the Chamber’s members were performing in steadily taking the ICCC ahead in a new direction. He said that there were tremendous benefits of joining the Chamber and urged everyone to enrol new members.

Shibani Sahney, chair of WEP also spoke on the occasion and listed the many accomplishments of the Chamber.

Indo-Canada Chamber of Commerce
924 The East Mall Toronto ON M9B 6K1
Tel: 416-224-0090416-224-0090 .

Fax: 416-916-0086.
E-mail: iccc@iccconline.org

Website: www.iccconline.org

ICCC Newsletter - August 2017

Thu, 17 Aug 2017 10:19:25 GMT

ICCC Newsletter

August 2017

Letter from the President

NAFTA 2.0: Let's have the same urgency to conclude CEPA

As the President of the Indo-Canada Chamber of Commerce (ICCC) I believe that our Chamber has the twin responsibilities of promoting NAFTA 2.0 as well as taking its lessons to apply to the prolonged CEPA negotiations. A majority of our members are small entrepreneurs who may be able to leverage their businesses to be able to export to the United States if the NAFTA 2.0 negotiations can be made to benefit them. Similarly, the core principles of the treaty are equally applicable to the Canada-India trade agreement and ICCC will definitely urge CEPA negotiators to imbibe and implement the outcomes of the NAFTA negotiations in conducting and concluding CEPA.

Click here to read the: Letter from President

Insight

NAFTA 2.0: Who wants what and why - an in-depth analysis

Former US President George Bush signs the NAFTA agreement in 1992

Insight brings a detailed analysis of the NAFTA negotiations that are at present underway between Canada, the United States of America and Mexico. The analysis includes the demands of all the three signatories to the agreement that was a precursor to globalisation. In the last 25 years since the agreement was signed, the world has changed. It is imperative for the agreement to reflect the new realities of global trade and to address critical issues such as job losses and the disintegration of the manufacturing sector in Canada and the United States for which NAFTA is being blamed.

Click here to read the speech: Insight


EDC Trade Insights	Export Guide	BDC Business Desk
	Download Step-by-Step Guide to Exporting
Click here for more:	Click here to download:	Click here for more:
Trade Insights	Trade Commissioners' Service Export Guide	Business Desk

Business Snippets	Programs & Events	Global Tenders

A brief summary of the most significant economic news during recent days.	A quick recap of the recent ICCC's programs and events	A list of latest Global Tenders floated by the Government of India.
Click here for more: Business Snippets	Click here for more: Programs and Events	Click here for more: Global Tenders

ICCC app

Download ICCC phone app and stay connected on the go!

Advertising, Outreach, Social Media

	Information about Indo-Canada Chamber of CommerceXXXXXXXXXXX Membership Advertising New Initiatives Social Media Disclaimer
	To read more, click here: About Newsletter

A big Thank you to all our Sponsors: Click here to meet our 2016-2017 Sponsors:
ICCC's 2016-17 Partners in Success

Talking Trade with Andrew Scheer

Wed, 19 Jul 2017 16:00:00 GMT

Talking Trade with Andrew Scheer

ICCC members interact with Conservative Party of Canada's new leader

Andrew Scheer with ICCC board members and senior members

Andrew Scheer, leader of the Conservative Party of Canada, the official opposition in the Federal Parliament, visited the Indo-Canada Chamber of Commerce (ICCC) headquarters on 19 July 2017 to discuss the Canada India bilateral relations.

Mr. Scheer is the new leader of the Conservative Party of Canada. He was first elected Member of Parliament for Regina-Qu’Appelle by defeating the longest-serving member of the House of Commons. He held the position of Speaker of the House of Commons for four years, becoming the youngest Speaker in Canadian history. Andrew has been re-elected in 2006, 2008, and 2011, and since the 2015 election has served as the Official Opposition House Leader.

Mr. Arun Srivastava, President ICCC in his welcome remarks said that the Canada – India relations have been strengthened in the last decade but still a lot more needed to be done to tap the full potential of both the countries.

Mr. Srivastava said that the early completion of the Comprehensive Economic Partnership Agreement is in the interest of both the nations. India is the fastest growing economy and Canada should engage it in getting the maximum benefits for its already developed industrial knowhow and energetic entrepreneurial capabilities.

Mr. Andrew Scheer in his remarks said that his party is closely working with the government and extending the full support to the government on the national issues and the issues in favour of the small and medium entrepreneurs. Canadian economy is doing well and the benefits of the growth should be felt by the common Canadians.

Chatting across the table

ICCC felicitates volunteers - 18 07-2017

(Past member) — Tue, 18 Jul 2017 22:30:00 GMT

ICCC felicitates volunteers

Celebrating Volunteerism!

The Indo-Canada Chamber of Commerce (ICCC) has a special affinity for volunteers and volunteerism. This is because the Chamber benefits immensely from volunteerism. Right from the committee member who organizes the programs to the President of the Chamber and the board of directors, everyone who has helped built the chamber to what it has become during the last four decades has been, is, and will be a volunteer.

Recognizing volunteers’ contribution to the Chamber is a much anticipated and eagerly awaited annual event. This year was no exception. The Indo-Canada Chamber of Commerce celebrated volunteerism by honouring its volunteers and handing out certificates of appreciation. In an important precedent, the Chamber also singled out four volunteers who went above and beyond their responsibilities as committee members and contributed significantly to the Chamber’s multifarious activities.

These superstar volunteers are:

Jay Banerjei
Gursharan Kandra
Jasveen Rattan
Chirag Shah
Harleen Dhanjal

Thanks to the contributions of these volunteers, their committees were able to perform exceptionally. They made the Chamber look good.


Jay Banerjei	Gursharan Kandra

Jasveen Rattan	Chirag Shah

Harleen Dhanjal	Audience at the event

Speaking on the occasion, Arun Srivastava, President, ICCC, said, “The Chamber Volunteering offers incredible opportunities, priceless professional development which enhances business and careers. Volunteering provides a sense of fulfillment and a perfect platform for anyone wanting to expose their leadership potential. By working with others, sharing experiences and identifying best practices, one starts to identify key qualities and considers how to develop these qualities in themselves. Serving on one of the Chamber’s committees is a great way to learn about the organization and volunteering is something that anyone can do.”

Devika Penkelapati, Vice President, Programs and Events, emceed the program, and emphasized that volunteerism is quintessential Canadian characteristic that has become an integral part of the Chamber’s functioning. He invited all the members of the board who were present at the program – Pathik Baxi, Ajay Tandon, Kanwar Dhanjal, Abubakkar Noohujohn, Pappur Shankar, Sanjay Brahmbhatt, Janak Bhawnani and himself – to come to the forefront to be acknowledged for their volunteerism for the Chamber.

ICCC Newsletter - July 2017

Sun, 16 Jul 2017 10:15:48 GMT

ICCC Newsletter

July 2017

Letter from the President

Canada 150

The Indo-Canada Chamber of Commerce (ICCC) is a Canadian organisation that has represented the Indo-Canadian business community for the last four decades. These four decades have to be seen in the perspective of the 150 years of Canada that we celebrated earlier this month. In these decades, Canada has become a truly multicultural nation that has nurtured and nourished entrepreneurs who have made this land their home.

In celebrating Canada’s sesquicentennial we must necessarily underscore its unique place in the comity of nations. It is a land that has been made by the ingenuity of immigrants who have turned this nation into a land of hope and opportunity. It has continued to welcome people from all races and all denomination with open arms and has made them all feel welcome and wanted.

The changing dynamics of the land and participatory democracy always leads to modifications of the core principles on which nationhood is formed. In Canada’s case this change in dynamics has lead to a more open society which has treated newcomers with the respect that is both unique and unprecedented.

Click here to read the: Letter from President

Insight

Interest rate hike

ICCC presents different viewpoints

The interest rate hike is going to leave its mark onCanadian exporters

Omar Allam and Natalie Ciavarella argue that the The Bank of Canada’s decision to increase interest rates,while necessary, will put upward pressure on the loonie, making life more difficultfor exporters

Good News Or Bad? Making Sense Of Rising Interest Rates

Wayne Karl delves on the future: Are more increases in theoffing? What does it all mean? How will it affect you?

Click here to read the speech: Insight


EDC Trade Insights	Export Guide	BDC Business Desk
	Download Step-by-Step Guide to Exporting
Click here for more:	Click here to download:	Click here for more:
Trade Insights	Trade Commissioners' Service Export Guide	Business Desk

Business Snippets	Programs & Events	Global Tenders

A brief summary of the most significant economic news during recent days.	A quick recap of the recent ICCC's programs and events	A list of latest Global Tenders floated by the Government of India.
Click here for more: Business Snippets	Click here for more: Programs and Events	Click here for more: Global Tenders

ICCC app

Download ICCC phone app and stay connected on the go!

Advertising, Outreach, Social Media

	Information about Indo-Canada Chamber of CommerceXXXXXXXXXXX Membership Advertising New Initiatives Social Media Disclaimer
	To read more, click here: About Newsletter

A big Thank you to all our Sponsors: Click here to meet our 2016-2017 Sponsors:
ICCC's 2016-17 Partners in Success

ICCC & CGI India welcome Preeti Saran, Secretary (East), MoEF, Government of India

Mon, 10 Jul 2017 21:00:00 GMT

ICCC welcomes Preeti Saran,
Secretary (East), Ministry of External Affairs, India

Former CG of India in Toronto confident Canada – India ties enhancing exponentially

Preeti Saran (third from right), Dinesh Bhatia (third from left), and Munu Mahawar (second from left)
along with ICCC board and past presidents

The Indo Canada Chamber of Commerce (ICCC) organised a joint reception with Consulate General of India in Toronto in honor of Ms. Preeti Saran, Secretary (East), Ministry of External Affairs, Government of India on her visit to Canada on 10th July 2017. She was accompanied by Mr. Munu Mahawar, Joint Secretary, Americas Division, Ministry of External Affairs, Government of India.

Mr. Arun Srivastava, President ICCC welcomed the guests and said that the chamber is working very closely with the consulate office. Last month, our Chamber collaborated with the Consul General of India in Toronto, Dinesh Bhatia to organise a unique bilateral business symposium to push the bilateral economic agenda to the forefront of the Canada – India relations.

The Canada – India Business Symposium held on June 9 in Toronto was a one-of-a-kind unique business meet that witnessed the participation of decision makers and influencers from all levels of the Canadian government, leaders from the world of business, corporate executives and small business owners. Over 130 Indian small business owners participated in the symposium, making it one of the most well-represented business events ever to be organised in the Canada – India corridor.

Ms. Saran in her remarks said that Canada – India relations are progressing well. The relations got a quantum jump after the signing of the civil nuclear cooperation agreement between the two countries. The visits of former Prime Minister Stephen Harper and Prime Minister Dr. Manmohan Singh set the pace of bilateral relations.


Arun Srivastava	Preeti Saran	Dinesh Bhatia

The last visit of Indian Prime Minister Narendra Modi to Canada in 2015 provided a much-needed impetus to the bilateral ties in all the fields and paved the way for strengthening strategic cooperation among the two countries. There are a number of sectors such as aerospace, automobiles, agriculture, advanced technologies where both the countries can cooperate. She also recalled her tenure as Consul General in Toronto when the Year of India was celebrated in Canada.

The year 2011 was marked with the biggest overseas diaspora event PBDCanada2011 in which the ICCC played a major role in the successful completion of the program and it was adjudged as the best overseas PBD.

Mr. Dinesh Bhatia, Consul General of India in Toronto said that Indian government is working hard to strengthen bilateral economic ties. Mr. Bhatia also introduced Preeti Saran to the audience.

ICCC board members Ms. Devika Penekelapati, Mr. Pappur Shankar, Mr. Kanwar Dhanjal, Mr. Abu Becker were present at the program along with some past presidents, advisory board members and members of ICCC.

Preeti Saran addressing the gathering

ICCC's 19th Charity Golf Classic

(Past member) — Tue, 27 Jun 2017 22:30:00 GMT

ICCC's 19th Charity Golf Classic

$10,000 raised for Trillium Health Foundation

Charity for Trillium Health Partners Foundation

CIBC Representative presenting the Trophy to the winning team

ICCC had a successful 19th Indo-Canada Chamber of Commerce’s Charity Golf Classic tournament at the Graystone Golf Club in Milton on Tuesday June 27.

The annual golf event is a traditional meeting place for the veteran and the new members of the Chamber. In fact, some members are regulars at the golf event, and participate in the tourney because the Chamber contributes the proceeds to a charity. This year, the ICCC contributed $10,000 to the Trillium Health Partners Foundation. The tournament was an overwhelming success with over 120 enthusiastic amateur golfers having a great time.

The team comprising Mit Patel, Ashmit Patel, Todd Burdon and Jake Michaels won the tournament. Arun Srivastava, President, ICCC, CIBC representatives and Sanjay Makkar, Chair Golf Committee presented the winning team with the rotating trophy.

Speaking on the occasion, Arun Srivastava emphasized that the Chamber has taken important measures to engage the business community to ensure accountability and rapid growth of chamber. Talking about his team’s efforts, the ICCC President said, “We have a great successful business symposium which was attended by over 120 Indian business delegates and Annual Gala 2017 early this month and provided great value to our members and stakeholders.”

ICCC Newsletter - June 2017

Thu, 15 Jun 2017 13:00:00 GMT

ICCC Newsletter

June May 2017

Letter from the President

Canada-India Business Symposium

Arun Srivastava, Goldy Hyder, Nadir Patel, Deepak Chopra at the CIBS

Action by private sector will break bilateral logjam in Canada-India business ties

A good day to all of you.

Friends, we organised two back-to-back mega events last week – the Canada – India Business Symposium and the Annual Awards and Gala Night. In this edition of our newsletter I want to share with you some thoughts that I expressed at the Canada – India Business Symposium. They cover the bilateral economic relations between our two countries.

Canada – India relations have been growing steadily and this is especially so on the economic front. The merchandise trade between our two countries has been registering a steady increase although between 2015 and 2016 there has been a marginal decline. In 2015, the two-way trade was $8.25billion and in 2016, it was $8.02billion, the important aspect of these numbers is that trade is on an upward trajectory

However, that is really only half the story. The other half is the excruciatingly slow pace of growth in our trade relations. What explains this sluggish pace? There are many reasons and the main one is Canada’s preponderance to trade with its southern neighbour the United States. Canada’s two-way merchandise trade with the US is close to $600billion annually. It is obvious that when you have such a great and ready market next doors, you don’t need to look around too much.

However, with the changing dynamics of global trade, it is becoming imperative for the Canadian entrepreneurs to explore other markets and especially the emerging markets such as India. In terms of investments, too, Canadian investors have been slow to acknowledge the growth potential in the Indian market and as a result Indian investments in Canada are far greater.

Click here to read the: Letter from President

Insight

Is Canada an essential country, at this time in the life of our planet?

Address in the Canadian Parliament by Minister Freeland on Canada’s foreign policy priorities

Mr. Speaker,

Here is a question: Is Canada an essential country, at this time in the life of our planet?

Most of us here would agree that it is. But if we assert this, we are called to explain why. And we are called to consider the specifics of what we must do as a consequence.

International relationships that had seemed immutable for 70 years are being called into question. From Europe, to Asia, to our own North American home, long-standing pacts that have formed the bedrock of our security and prosperity for generations are being tested.

And new shared human imperatives—the fight against climate change first among them—call for renewed, uncommon resolve.

Turning aside from our responsibilities is not an option. Instead we must think carefully and deeply about what is happening, and find a way forward.

By definition, the path we choose must be one that serves the interests of all Canadians and upholds our broadly held national values; that preserves and nurtures Canadian prosperity and security; and that contributes to our collective goal of a better, safer, more just, more prosperous, and sustainable world. One we can pass onto our children and grandchildren, with a sense of having done the right thing.

This is no small order, Mr. Speaker. It is what I would like to spend few minutes talking about today.

Since before the end of the Second World War, beginning with the international conference at Bretton Woods in 1944, Canada has been deeply engaged in, and greatly enjoyed the benefits of, a global order based on rules.

These were principles and standards that were applied, perhaps not perfectly at all times by all states, but certainly by the vast majority of democratic states, most of the time.

The system had at its heart the core notions of territorial integrity, human rights, democracy, respect for the rule of law, and an aspiration to free and friendly trade.

The common volition toward this order arose from a fervent determination not to repeat the immediate past.

Humankind had learned through the direct experience of horror and hardship, Mr. Speaker, that the narrow pursuit of national self-interest, the law of the jungle, led to nothing but carnage and poverty.

Two global conflicts and the Great Depression, all in the span of less than half a century, taught our parents and grandparents that national borders must be inviolate; that international trading relationships created not only prosperity but also peace; and that a true world community, one based on shared aspirations and standards, was not only desirable but essential to our very survival.

That deep yearning toward lasting peace led to the creation of international institutions that endure to this day—with the nations of Western Europe, together with their transatlantic allies, the United States and Canada, at their foundation

In each of these evolutions in how we humans organize ourselves, Canadians played pivotal roles.

Click here to read the speech: Insight

In the News

ICCC's Director for Trade, Commerce and Affinity Programs, Kanwar Dhanjal has been nominated as the global ambassador of by board of Brampton Board of Trade (BBOT) and was awarded the Chair’s award by BBOT 2107 Business Excellence Awards held May 11, 2017


EDC Trade Insights	Export Guide	BDC Business Desk
	Download Step-by-Step Guide to Exporting
Click here for more:	Click here to download:	Click here for more:
Trade Insights	Trade Commissioners' Service Export Guide	Business Desk

Business Snippets	Programs & Events	Global Tenders

A brief summary of the most significant economic news during recent days.	A quick recap of the recent ICCC's programs and events	A list of latest Global Tenders floated by the Government of India.
Click here for more: Business Snippets	Click here for more: Programs and Events	Click here for more: Global Tenders

ICCC app

Download ICCC phone app and stay connected on the go!

Advertising, Outreach, Social Media

	Information about Indo-Canada Chamber of CommerceXXXXXXXXXXX Membership Advertising New Initiatives Social Media Disclaimer
	To read more, click here: About Newsletter

A big Thank you to all our Sponsors: Click here to meet our 2016-2017 Sponsors:
ICCC's 2016-17 Partners in Success

ICCC 2017 Annual Awards and Gala Night - Aiming Higher

Sat, 10 Jun 2017 22:00:00 GMT

2017 Annual Awards and Gala Night

Aiming Higher

2017 Award winners, ICCC leadership and VIP guests


Arun Srivastava		Bardish Chagger

Nadir Patel		Vikas Swarup

CP Gurnani

A succinct and heart-warming message from Canada’s Prime Minister Honourable Justin Trudeau; a rousing speech by Canada’s Leader of the Government in the House of Commons and Minister of Small Business and Tourism, Honurable Bardish Chagger; insightful intervention by His Excellency Vikas Swarup, India’s High Commissioner to Canada and His Excellency Nadir Patel, Canada’s High Commissioner to India; prescient and precise tech-talk by PC Gurnani, Tech Mahindra’s CEO and MD; and the presence of a who’s who of Indo-Canadian community leaders, diplomats, corporate honchos, academics, entrepreneurs large and small, representatives of the media, bankers, lawyers – the 25th Annual Awards and Gala Night of the Indo-Canada Chamber of Commerce (ICCC) held Saturday, June 10, 2017, at the Metro Toronto Convention Centre (MTCC) was a uniquely memorable event.

Incumbent President Arun Srivastava put the celebrations in perspective when he said that on the occasion of the 40th year celebrations of the ICCC, it would be pertinent to remember the contributions of hundreds of Indo-Canadians over the last four decades that had helped build the Chamber into such a robust institution that has endured in its relevance. A short congratulatory video message from the Founder President of the Chamber, Kishore Doshi, was played for the benefit of the audience. But, as Arun emphasised, organisations look at the past only for inspiration; their main task is to shape the future, and that was the reasoning behind the 2017 theme of Aiming Higher. On all parameters of evaluation – bilateral trade ties, creating opportunities for members, enhancing membership, increasing sponsorship, conceiving effective programming – the ICCC’s 2016-17 leadership had proved to be among the best the Chamber has had in its four decades history.

The highlight of the Annual Awards and Gala Night was the presence of the two high commissioners of Canada and India. This is, indeed, a rare occurrence. In his short but deeply insightful speech, India’s High Commissioner, Vikas Swarup said that the biggest natural resource India has is the Indian. It is the Indian who has and will shape the destiny of the world. Citing the examples of the UK, Canada and other parts of the world, he said, people of Indian origin have been elected to parliaments in many western countries, and therein is the strength of India, a strength that is unparalleled and one that is growing. Nadir Patel, Canada’s High Commissioner, said that Canada has a keen desire to develop strong ties with India, both economic and people-to-people. The visits of nine Canadian ministers to India in the last few months are an indication of the seriousness with which Canada aspires to be closer to India.

Minister Chagger repeatedly drew attention to the theme of the year – Aiming Higher – in her speech and said that it is important for both Canada and India to strive continuously to improve relations. She cited numerous instances of B2B collaborations between Canadian and Indian entities in different spheres. In his remarks CP Gurnani on Tech Mahindra said that both the Canadian and the Indian economies are committed to digitalisation, which will pave the way for future collaborations. Drawing attention to the fact that India was the fourth on the list of countries with most startups, Gurnani said he saw the possibility of consistent involvement between Indian startups and the University of Waterloo, which is developing into one of world’s best educational institutions for innovation.

Even as the audience listened to the speeches attentively, the awards process was initiated.

The following is the list of ICCC’s 2017 Annual Award winners:

Category	Winner	Award Sponsor
Female Entrepreneur	Balwinder Takhar President & CEO Chalmers Group	The Host Fine Indian Cuisine

Male Entrepreneur	Ray Gupta Founder Sunray Group	RBC Royal Bank

Female Professional	Indra Narang Director, Sleep Medicine Hospital for Sick Children	SBI Canada Bank

Male Professional	Anil Arora Chief Statistician Statistics Canada	Air Canada

Young achiever	Sameer Sharma Director Crown Group	Silver Hotel Group

Technology Achievement	Kundan Joshi Founder & CEO TheAppLabb	CIBC

Corporate Executive	Peter Dhillon CEO Richberry Group	TD Bank

Humanitarian of the Year	Mina Mawani President & CEO Crohn’s & Colitis Canada	Bromed Pharmaceuticals

Lifetime / Outstanding Achievement	Pradeep Sood Chairman Highbury Canco Corp	ICICI Bank

Member of the Year	Jatinder Bawa Accountant CPA, CGA	ICCC

Canada - India Business Symposium

Fri, 09 Jun 2017 13:00:00 GMT

Canada - India Business Symposium

Setting the agenda for the future of bilateral economic ties


Arun Srivastava	Nadira Hamid

Dinesh Bhatia	Francois-Phillipe Champagne

Michael Chan	John Tory

Nadir Patel	Vikas Swarup

Deepak Chopra	Indian delegation

With over 130 Indian companies and an equal number of Canadian companies participating, the Canada – India Business Symposium held in early June 2017, turned out to be an unprecedented event that paved the way for a new agenda for bilateral economic relations between Canada and India.

The high profile participants included the High Commissioners of both Canada and India, members of the Canadian and the Indian diplomatic corps, and especially the Consul General of India in Toronto Ambassador Dinesh Bhatia, corporate honchos, academics, small entrepreneurs, political leaders from federal, provincial and city governments, stakeholders, members and sponsors of the Indo-Canada Chamber of Commerce, leaders of the Indo-Canadian Business Chamber, key influencers from the Canada-India corridor.

Deepak Chopra, CEO of Canada Post, in his keynote address, observed that India is a dynamic economy and Indian entrepreneurs should step forward to do business with Canada taking advantage of the Trade Commissioners’ network in India. He urged entrepreneurs on both sides to break barriers by utilising by e-commerce. Entrepreneurs should encourage local product and utilize the best talent. They should have back-up plans and should be adaptable to changes.

Launching the symposium, Arun Srivastava, President of the ICCC, said, “The purpose of the symposium is to set the agenda for the Canada – India bilateral economic relations with special emphasis on creating opportunities in trade, commerce and investments. We are hopeful that the various deliberations that have been planned for today will lead to policy formulations in the future that will enable a more productive business environment between our two democracies.”

His Excellency Nadir Patel explained further that Canada needs more India, and that there is a need to create more business opportunities in favour of India as they are only at 17% of the total trade as compared to Pakistan, China, Bangladesh and Bhutan who are doing better despite India having all the better resources such as

Knowledgeable Youth
Advance Technology
Cheap Labour
Cost Effective
Higher level of Consumption

He said that there was a remarkable increase of 260% in the number of students coming from India for education. The requirements of India from Canada include buying planes, investing in smart cities, developing for the advancement of highways, bridges, and the metro rail service. Central level of relationship with the Prime Minister sharing the profits in proportion and working together towards development.

Ambassador Dinesh Bhatia in his remarks spoke about the Indian and Canadian SME relationship and how it should be more involved with one another. He talked about the key factors regarding science and technology and that there is a 47% growth in this sector. He said Make in India, Start-up India, Swatch India and Skill India. In 2016, Canada invested 7.30B CAD in business which should be increased and diversified in other sectors such as Pulses, Education, Leather Trade. Also, the ministry of commerce should be actively involved in making the business people aware. India should be actively participating in the business development. Various prospective departments for Canadian markets to import are –

Pearls Jewellery
Pharmaceutical
Native Clothing
Woman Clothing

The inaugural session was followed by panel discussion.

The first panel discussion was ‘The Canadian Value Proposition for India' – Exploring what Canada has done to become the ideal business partner for India

The moderator was Mr. Goldy Hyder, President and CEO, Hill Knowlton.

The panellists were:

Ms. Sandra Pupatello, director of business and global markets, PWC
Mr. Harinder Takhar, CEO, PayTM Labs
Mr. Sriram Iyer, President and CEO, ICICI Bank Canada
Mr. Kerry Adler, CEO, Sky Power Global

The second panel discussion was ‘The New India – a changing business landscape’

The moderator was Mr. Jordan Reeves, Consul General of Canada in Mumbai.

The panellists in the session were:

Mr. Amir Singh Pasrich, Managing Partner, I.L.A Pasrich and Company
Mr. Carl Rodrigues, CEO, SOTI
Mr. John Farrow, Chairman, LEA Group Holdings
Mr. Harsh Dhingra, Bombardier India
Mr. Rakesh Nangia & Co. LLP.

After these two sessions, His Worship John Tory, Mayor of Toronto, gave a luncheon address He gave a brief of how Toronto is the number one city in Canada in terms of technology and number three when it comes to Financials, and how there are various centres for the growth and development for the Indo-Canadian community in Canada.

Post Lunch, there were remarks about the symposium by the Minister of International Trade, Hon Michael Chan, and the Minister for International Trade for Canada, Mr Francois-Phillipe Champagne who flew in from Paris to attend the symposium.

Minister Champagne said he believes in India and met the Indian trade minister and thanked ICCC and also appreciated the leadership of ICBC and ICCC for organizing the symposium. He pointed out to similarities in both the countries such as demographics, diversities and both the countries are made for each other. Also, lots of international students come to Canada to study. The investment should be made bigger and bolder to promote a digital and smart India.

Ms. Nadira Hamid, CEO, ICBC, spoke about the development of India and Canada’s bilateral business and that there should be annual conferences and high level meetings and emphasised that leaders should encourage and strengthen the bond.

In the post lunch session, the topic of the third panel discussion was ‘Innovation driving two-way trade growth’

The moderator was Ms. Nathalie Bechamp, Director of General of investment and Innovation, Global Affairs Canada

The panellists of this session were:

Mr. Ashish Chauhan, CEO, Bombay Stock Exchange
Ms. Ilse Treurnicht, CEO, Mars Discovery District
Mr. David Lisk, VP, National Research Council
Mr Suneet Tulli, CEO, Data Wind
Mr. Shankar Das Gupta, CEO, Electrovaya

H.E. Vikas Swarup, High Commissioner of India to Canada, closed the symposium and thanked the businesses in Canada and India. He said the Indo-Canada Partnership will sustain for a long duration. He laid emphasis on the digital India promotion and large scale chains. He applauded for the hard work and great efforts put forward by ICCC and ICBC in order to make this Indo-Canada Business Symposium a great success and wished that many more should be organized in the future. He shared a knowledgeable PPT regarding the development of Indo-Canadian bilateral trade.

Indo-Canada Chamber of Commerce
924 The East Mall Toronto ON M9B 6K1
Tel: 416-224-0090416-224-0090 .

Fax: 416-916-0086.
E-mail: iccc@iccconline.org

Website: www.iccconline.org

West Bengal invites ICCC to global business summit

Thu, 25 May 2017 18:00:00 GMT

West Bengal invites ICCC to global business summit

ICCC team with Rajiva Sinha and other officials of the West Bengal team

Mr. Rajiva Sinha, Additional Chief Secretary, Government of West Bengal, visited the Indo-Canada Chamber of Commerce’s office today and discussed the 4th Edition of Bengal Global Business Summit (BGBS) scheduled to be held between 16th and 17th January, 2018.

The summit sets the stage with a stable Government, remarkable growth, improved governance, ease of doing business and record social and physical infrastructure. The two-day long BGBS 2018 will bring together policy makers, corporate leaders from around the globe, delegations, academia, opinion makers to explore business opportunities, forge partnerships and collaborations.

Mr. Arun Srivastava, President ICCC said that earlier in January under the aegis of India Mission 2017, the Chamber delegation visited the state of West Bengal and had a good business interaction with the Bengal Chamber of Commerce and Bharat Chamber of Commerce. He assured the visiting additional chief secretary that chamber will consider participating in the summit.

West Bengal is the 4th largest state economy in India with GSDP of US$ 140.21 billion (2015-16) and growth rate of Gross Value Added (GVA): 12.02% (2015-16). Strategic location of the state – Gateway to Southeast Asia and North-East India, border shared with Bangladesh, Nepal and Bhutan, well connected with the booming hubs of Asia such as Singapore, Thailand and Malaysia and a mineral rich state works to its advantage.

West Bengal today is committed towards inclusive and sustainable development. Investments made by the government in industrial infrastructure, simplification of Tax regime and e-governance, Single Window Service and Simplification of regulatory burden initiated for environmental procedures are just few of the steps taken to build West Bengal into a manufacturing hub.

Me & My ICCC-Let's Benefit - ICCC's new networking platform

Wed, 24 May 2017 22:00:00 GMT

Me and My ICCC - Let's Benefit

ICCC's new networking platform

Posing for a photograph post event

The Indo-Canada Chamber of Commerce (ICCC) introduced a new networking concept for its members when it launched the ‘Me and My ICCC – Let’s benefit’. This is a theme-based networking introduced by the ICCC’s Trade & Commerce committee.

Speaking on the occasion, Arun Srivastava, President, ICCC, said, “These theme-based monthly networking events will open doors to new opportunities for our members, going a long way in fulfilling the ICCC’s mandate of creating business and professional opportunities for Indo-Canadians.”

Pappur Shankar, Vice President, Finance, informed them of the upcoming Canada-India Business Symposium that the Chamber is organising in association with the Canadian and Indian governments’ diplomatic corps.

Kicking off the program, Kanwar Dhanjal, Director, Trade and Commerce, said, the purpose of the concept and the program is to create opportunities for the entrepreneur members of the Chamber to offer their services to other members.”

The purpose of the series is to

Create a platform for ICCC members to explore mutually beneficial business opportunities
Create a network of business connections that assist businesses become efficient and optimize costs
Create an environment that nurtures entrepreneurial zeal
Create opportunities for interaction between new entrepreneurs and established stalwarts
Create a robust internal, member-based network of codependent businesses that promote growth
Create awareness amongst ICCC members of the immense potential of business lead generation within the ICCC membership

Puneet Kohli a technocrat financial consultant from India made introductory remarks.

For the first program under the ‘Me and My ICCC – Let’s Benefit’, was 'Start Ups' is the theme for the first 'Me & My ICCC' networking event.

Jayesh Menon, the acting chair of the Trade and Commerce committee, introduced the details of the program

The program will offer following benefits to members:

Encourage members to become resourceful in exploring and creating internal opportunities
Business pitching for ICCC members (at discounted rates)
An orientation on business assistance and support services
A special section in the ICCC monthly newsletter that highlight discounts by members for their services

Trade and Commerce committee member Meenakshi introduced the panelists.

The panelists

Remitr: Gurpreet Singh Bedi, Vice President – Canada operations of Remitr payment simplified online remittance start-up made the first presentation along with the co-founder of the company. Remiter is a global bank-to-bank payments platform that is simple, inexpensive and automated. Its operational base is in Canada and the UAE and is headquartered in the USA. It offers direct payout network to 30 countries that will grow to 120 countries by the end of Q4.

Amaze Group Inc.: Dave Virdi, a realty agent made a presentation on his services and highlighted the services that he offers including free market evaluation, consistence feedback until sold, competitive commission packages, top negotiation skills, conduct open houses, dedicated professional team of realtors. The group’s other arm – La Capitale offers lifetime disability plans, customised life insurance protection for skilled trades, self-employed and small business owners, benefits plans for individuals and businesses.

Invisor: Invisor is an life and health insurance agency that provides goal-based solutions, low fees, and convenient online platform. It is a fully managed portfolio solution that takes care of everything so that the clients don’t have to worry about these matters. It is a completely paperless, online experience so that the clients can get started in minutes. It costs low and has no minimum investment amount to help reach goals sooner. It gives access to InvisorGPS to help clients set goals and track progress.

BDC: Manny Mann of the BDC spoke about the service the Business Development Bank of Canada offers to businesses. BDC finances working capital to give entrepreneurs peace of mind and extra cash to expand their businesses and invest in technology. We also lend money to purchase commercial real estate, buy new or used equipment, and a variety of other business needs. BDC leverages indirect channels to increase its impact on Canadian SMEs by providing capital to financial intermediaries. By doing so, we encourage other institutions to provide continued economic support to Canadian businesses.

Power Savings Systems Inc. Surinder Sharma, a director with the Mississauga Board of Trade, and a veteran member of the ICCC, made the final presentation about his company Power Savings Systems Inc. The company helps organisations shifts from a culture of consumption to a culture of conservation and save dollars. The company serves as an outsourced energy department of its clients, performs in-depth energy audits, offers project management capabilities, assist in applying for government incentives and create a corporate culture of conservation.

In future, the Trade and Commerce committee will identify a key theme for each of the monthly networking event and it will then endeavor to bring together businesses related to the theme. Entrepreneur members will be invited to pitch their services to other members.

ICCC announces 2017 Award winners

Mon, 22 May 2017 13:00:00 GMT

Indo-Canada Chamber of Commerce announces

2017 annual award winners

This year, the Indo-Canada Chamber of Commerce (ICCC) is celebrating its 40th year and the 25th anniversary of its annual awards. Fittingly, the theme for the annual gala, where ten Indo-Canadians will be honoured for their achievements and contribution to the Canadian society, is Aiming Higher.

Female & Male Entrepreneurs
Female & Male Professional
Young Achiever
Technology Achievement
Corporate Executive
Humanitarian
Lifetime / Outstanding Achievement

Two additional awards are presented – the President’s Award, for unsung heroes, and the Members’ Award, for voluntarism and community services.

The awards began in 1992 and are celebrating their 25th year in 2017. And this year’s proud winners are:

Click here to buy table/ticket: Annual Awards & Gala Night

The 2017 roll of honour

Female Entrepreneur: Balwinder Takhar

Balwinder is the President and CEO of Chalmers Group of Companies for the last fourteen years, which has manufacturing plants in Ontario, BC and the USA. She is also the chairperson of the board of directors for all of Chalmers’ associated companies. Under her leadership, Chalmers Group has emerged as a global OEM supplier of transportation and medical equipment, acquired two new companies and diversified into real estate. Balwinder is actively involved in the community and has served on the Board of Sheridan College, Peel Children’s Aid Society and as an advisor to a community school. During her spare time, she has contributed generously as a volunteer at local long-term care centres, as well as religious and political organizations.

Male Entrepreneur: Ray Gupta

Ray Gupta founded the Sunray Group in 2006, Sunray Group is a family owned, multifaceted corporation specializing in hospitality and development. The group is successfully building an ever-increasing portfolio of award-winning brands, which include partnerships with Marriott, Starwood, Radisson, Best Western, and Choice Hotels. It has developed prominent global and Canadian brands. Sunray Group owns and operates 30 hotels and employs over 1,500+ talented individuals across Ontario and Quebec with many new developments on the horizon. The Sunray Group holds the top position among privately owned hotel groups in Canada. The Group has been the recipient of many awards including the top 10 Hotel Groups in Canada and was awarded the Pinnacle Award as Regional Company of the Year in 2016.

Female Professional: Indra Narang

Dr. Indra Narang is the Director of Sleep Medicine at the Hospital for Sick Children in Toronto. She also holds simultaneous appointments as an Associate Professor at the University of Toronto and a Senior Associate Scientist with the Sick Kids Research Institute. Dr Narang is a recognized leader in the field of Sleep Medicine and has developed the largest and most comprehensive paediatric Sleep Program in Canada. This program has advanced the clinical care and treatment of sleep disorders in children. Dr. Narang has also developed a state of the art clinical research program. In 2015, Dr. Narang was invited to be the chair of the paediatric section of a Canada wide sleep network, the Canadian Sleep and Circadian Network.

Male Professional: Anil Arora

Anil Arora came to Canada from India at the age of 11 and after a stint in the private sector, he found a calling with the federal government. As he progressively took on positions of greater responsibility, his vision has been to use leadership positions to bring greater prominence and inspiration and build high-performing diverse and inclusive teams who can in-turn serve a rich and diverse Canadian society. Anil has been recognized for his contributions by the Association of Professional Executives with a leadership award, by the Canada India Ottawa Business Chamber as well as been on the A-list for the last two years. Anil mentors and coaches a number of upcoming leaders in the public service, ensuring diversity exists at all levels.

Young Achiever: Sameer Sharma

Sameer Sharma graduated from University of Toronto with Honors Degree in Bachelor of Commerce in 2013 and was the Director of Marketing for the University’s Commerce Society. He connected students with various Fortune 500 companies in order to allow his peers to gain an understanding of the practical implementation of their academic knowledge and promote graduate employment. Following graduation, Sameer helped create his family business as Vice President of hospitality operations known as Crown Group of Hotels, which at the time had one hotel. In 2014 to 2016 the company saw further growth as they acquired four more hotels and now own and operate five hotels under internally known flags such as: Marriott, Hilton, Best Western and Choice.

Technology Achievement: Kundan Joshi

Kundan Joshi is the award-winning founder and CEO of TheAppLabb, a leading product innovation firm focused on strategy, design and development of cutting edge apps. With 6 global offices in Toronto, New York, Hong Kong, Melbourne and India, TheAppLabb has created over 500 apps for clients such as Unilever, Samsung, Dell, Electrolux, Frigidaire, RBC, Hudson's Bay, Teknion, Toronto International Film Festival, Canadian International Auto Show, Rapala, Park N’Fly, Banff World Media Festival, Ontario Real Estate Association. TheAppLabb powers innovation through its four divisions – the Services division, the R&D division, the Incubator – StartupLabb, and the Products division. Kundan also serves as partner, investor and advisor to 20+ tech startups. Kundan serves as an advisor on boards such as Centennial College, George Brown College, Startup Weekend.

Corporate Executive: Peter Dhillon

Peter Dhillon is the CEO of the Richberry Group of Companies, an agribusiness enterprise with operations in British Columbia and Quebec. The Richberry Group consists of cranberry companies, which combined, are one of Ocean Spray Cranberries largest shareholders and suppliers. Dhillon is Chairman of the Board of Directors of Ocean Spray Cranberries Ltd. - the youngest and first Canadian to hold the position. Peter is known for giving back to the community with his philanthropic and charitable service, including health care, child humanitarian support, education and sport. In 2009 he was honoured with The Order of British Columbia in recognition of his services. In partnership with the Sauder School of Business the Peter P. Dhillon Centre for Business Ethics was established recently.

Humanitarian: Mina Mawani

Mina went from being persecuted and expelled from Uganda and living in a refugee camp to sharing her time with humanitarian organizations at the forefront of empowering communities. Mina’s early years as a refugee shaped a strong determination to become an empathetic and inspiring leader, deeply committed to helping others, with a strong devotion to the not-for-profit sector. Her early struggles ignited a passion to help disadvantaged communities. As an Advisory Board Member for the UN Women National Committee Canada, Mina supported the work of the United Nations in its efforts to empower women and achieve gender equality worldwide. As an evaluator for The Loran Scholars Foundation, Mina helped identify and support exceptional young Canadians who demonstrate character, service and leadership to grant scholarships for undergraduate studies.

Lifetime/Outstanding achievement: Pradeep Sood

Pradeep Sood is a highly-respected entrepreneur and community builder. He is a tireless champion of both the not-for-profit and business sectors. Strengthening inter-cultural relations has been one of his aspirations and something he has been working on since arriving in Canada nearly three decades ago. In one of his roles as Chairman and co-founder of Highbury Canco Corporation, Pradeep has become to be known as a “tomato guy.” In the three years since his group purchased the Heinz plant in Leamington, Highbury has become an efficient food processor, generating over 500 jobs and processing over 300-million pounds of tomatoes annually. Pradeep has the distinction of being the first Canadian who has been Chairman of both the Ontario Chamber of Commerce and President of the Indo-Canada Chamber of Commerce.

Member of the Year: Jatinder Bawa

Jatinder Bawa is more than just an accountant with over four decades of work experience. He is a Chartered Accountant from India, a CPA from the United States, and a CGA from Canada and has worked internationally in India, Middle East and Canada. In addition to being an accomplished accountant, Jatinder is a devoted family man and a leader within the community. Over the last decade Jatinder has volunteered his to support the seniors, women and new immigrants. He also helps seniors with information on Canadian Taxes and helping them with queries regarding their tax returns. He taught accounting to women at the Community for Women Settlement Program and at Microskills for Women and helped many obtain gainful employment or launch successful entrepreneurial endeavours.

The President’s Award is not being awarded this year.

Click here to buy table/ticket: Annual Awards & Gala Night

CIBC's Royce Mendes analyzes the economy

Sun, 14 May 2017 03:36:42 GMT

CIBC's Royce Mendes analyzes the economy & predicts

Continued rise of the housing market

Royce Mendes of CIBC

The Indo-Canada Chamber of Commerce (ICCC) in collaboration with the CIBC organised its annual state of the economy talk at the Mississauga Convention Centre last week. Royce Mendes, Senior Economist, CIBC Capital Markets delivered a presentation on the economies and a forecast for the future trends.

Arun Srivastava, President of ICCC, welcomed the guests and informed them of the upcoming Canada-India Business Symposium that the Chamber is organising in association with the Canadian and Indian governments’ diplomatic corps. Venki Raman of the CIBC spoke briefly about the long established relationship between CIBC and the ICCC, and said it is a relationship that has helped both the entities grow.

In his brief but pointed presentation, Mendes began by analysing the impact of the Trump administration’s policies on the US economy. He said the US market is not rising and investors seem to have lost faith in the Trump administration’s ability to be a catalyst of change. The talk of 3 to 4 % growth in the US economy is nothing but fake news. The reason for this is that capital is not going to become expensive. The interest rates are going to continue to be low; also the nature of growth is that there is less capital needed and less investment because the US economy is moving away from manufacturing and it will become near impossible for the Trump administration to revive manufacturing in the US.


Raman, Mendes, Srivastava and Shankar	Srivastava with CIBC officials

Mendes said global outlook continues to be optimistic especially with India continuing to rise exponentially. Since 2013, the Indian economy has continued to maintain its growth rate and at 7.5% annual growth rate it has created an enviable pace unmatched globally. India will continue to bring labour into urban area.

Speaking about the Eurozone, Mendes said the Eurozone economies have shown resilience and potential to bounce back which needs to be acknowledged. The growing populism that is sweeping the economies in the Eurozone is because unemployment in the young demographic of 18-26 is endemic and unlikely to change dramatically.

He added that the economic recovery in the developed world has taken nearly a decade, but the recovery is all set to stay for a considerable time, resulting in the Eurozone stock value rising and the value of the Euro also rising. On the other hand, post-Brexit, the British pound has gone down and the disengagement will adversely affect the economy. However, the measure is irreversible.

Canada’s economy suffered from the oil shock and the measures undertaken to revive the growth rate haven’t quite worked. The primary reason for the failure of the revival plans has been the approach which is based on a two-economy model, when in reality the model should have been adaptable to multiple economies.

The growth continues to be fuelled by consumer spending and the housing markets, both of which the economic establishment have tried to rein in. We will experience a 4% growth in the first quarter and get back to near full employment by the end of 2017. Some challenges are likely to be encountered and these include changes in NAFTA, the border tax imposed by the US, changes in environment policies in the US and the changes in the personal income tax in the US.


Srivastava giving welcome remarks	Raman setting the pace

In the near term, it is unlikely that the Canadian dollar will appreciate to any great degree. The housing market will continue to grow steadily, and the trend in this sector is the growth of the condo housing, a trend that mirrors similar developmental stage in the sector in other cities such as New York and Berlin. The provincial government’s approach to control the galloping housing market by introducing new regulations in the sector as well the changes in the rental control act have largely yielded the desired results. But there is a real shortage of housing in Toronto, so the prices will continue to rise.

The lecture was followed by an engaging Q&A that lasted for nearly half-an-hour.

Indo-Canada Chamber of Commerce
924 The East Mall Toronto ON M9B 6K1
Tel: 416-224-0090416-224-0090 .

Fax: 416-916-0086.
E-mail: iccc@iccconline.org

Website: www.iccconline.org

ICCC Newsletter - May 2017

Sun, 14 May 2017 01:52:20 GMT

ICCC Newsletter

May 2017

Letter from the President

Canada-India Business Symposium

Canada-India Business Symposium & Business Expo

A good day to all of you.

The Indo-Canada Chamber of Commerce (ICCC) in collaboration with the Canadian High Commission in India, the Consulate General of India in Toronto and the Indo-Canadian Business Chamber (ICBC) is organising a day-long Canada-India Business Symposium (CIBS) and a Business Expo on Friday, June 9, 2017, at the Hyatt Regency in Toronto.

The business symposium, which is part of the ICCC’s 40th anniversary celebrations, and coincides with Canada 150 and the 70th year of the Indian Independence, aims to give tangible deliverables to economic relations between Canada and India by focusing on sunrise sectors expected to dominate trade in the near future.

More than a hundred Canadian small businesses are expected to participate in the symposium and the expo, enrolment for which has already commenced. In addition, the ICBC will be leading a delegation of over 60 Indian small businesses to the event.

The symposium will see participation of prominent Canadian and Indian business leaders, political leaders, government officials, and key influencers, who will, through the five panel discussions, attempt to give a new dimension and a concrete new direction to bilateral economic ties.

The panel discussions are on subjects relevant to both the Canadian and the Indian economies and include topics such as the ‘Canadian Value Proposition for India’, the ‘New India, a changing business landscape’, ‘Innovation, driving the two-way trade’, ‘Elimination of Fossil Fuel by Renewable / Sustainable Sources of Energy’, and ‘Innovation and Technology’.

Click here to read the: Letter from President

Insight

Indo-Canada relations: Opportunity in the waiting

The Free Press Journal chats with Jordan Revees, the Canadian High Commissioner in Mumbai

It has been almost 18 months since Jordan Reeves, Consul General of Canada arrived in India. And all this time, the Indian-Canadian bilateral talks have been in new high as well. In 2017 alone, four Canadian Ministers have visited India, Reeves believes this has lot of do with Canada’s increasing appreciation of India as an important trade partner. Before being appointed as Consul General in Mumbai, he served as senior trade commissioner in Saudi Arabia, with concurrent responsibility for Bahrain, Oman and Yemen. Prior to his role as senior trade commissioner, he was in Ottawa to work as a policy adviser to the assistant deputy minister for international business development and was selected to serve on a team supporting the department’s work on Canada’s Global Markets Action Plan, which was released in 2013. He has a long-standing relationship with Asia where he served for nine years with various countries like Taipei and China.

What is the value of trade between India and Canada?

The present trade between both countries is in the range of USD 8 billion. This is very small but there is huge potential for both countries to see it increase substantially.

Which are the priority sectors for Canada in India?

Agricultural products have a huge potential. For Canada, this is one area where the potential is large, both in terms of meeting India’s food security, as well as providing it the nutritional supplements that are usually in short supply.

In fact, our biggest agricultural exports to India are pulses which accounted for US$1.2 billion. Politically, food security bill is important to India. On the other hand, there is a great scope for Canada here in India due to food security bill. We can offer both technology and farm products. In fact, we could bring in our expertise on the entire food chain, which could increase incomes for farmers, and provide the country with more value-added inputs. It would also reduce the huge wastage of food in the country.

The new entrant in agri space is Canola oil and we are optimistic that the demand of this product will pick up in India. Agriculture is our priority sector followed by energy sector and innovation.

There are lot of work done by AGT (This is one of the largest suppliers of value-added pulses, staple foods and food ingredients in the world. The company has been doing good business with India and also have an office based in Mumbai) to develop health properties. These developments will benefit India. There is a lot of opportunity in R&D and we are looking at exploring this enormous opportunity.

Click here to read the interview: Insight


EDC Trade Insights	Export Guide	BDC Business Desk
	Download Step-by-Step Guide to Exporting
Click here for more:	Click here to download:	Click here for more:
Trade Insights	Trade Commissioners' Service Export Guide	Business Desk

Business Snippets	Programs & Events	Global Tenders

A brief summary of the most significant economic news during recent days.	A quick recap of the recent ICCC's programs and events	A list of latest Global Tenders floated by the Government of India.
Click here for more: Business Snippets	Click here for more: Programs and Events	Click here for more: Global Tenders

ICCC app

Download ICCC phone app and stay connected on the go!

Advertising, Outreach, Social Media

	Information about Indo-Canada Chamber of CommerceXXXXXXXXXXX Membership Advertising New Initiatives Social Media Disclaimer
	To read more, click here: About Newsletter

Roundtable on food processing with Indian delegation at ICCC

Tue, 02 May 2017 15:00:00 GMT

Advocating for stronger Canada-India ties in Food Processing

Roundtable at ICCC with Indian Food Processing delegation led by

Jagdish Prasad Meena, Special Secretary, Ministry of Food Processing Industries, Government of India

Indian Food Processing delegation with ICCC team and CG Dinesh Bhatia

Indo Canada Chamber of Commerce (ICCC) organised a roundtable with a high-powered Indian delegation on Food Processing Industries at the ICCC office on 03 May 2017. The delegation was led by Mr. Jagdish Prasad Meena, Special Secretary, Ministry of Food Processing Industries, Government of India. Mr. Dinesh Bhatia, Consul General of India in Toronto also participated in the roundtable.

Mr. Arun Srivastava, President, ICCC, welcomed the delegation and said that the Chamber has been actively engaged in promoting B2B relations between Canadian and Indian entities and government relations in this sector for many years.

“Canada needs India more than India needs Canada, he said.” This is because India is the largest market for Canadian food grains including pulses and wheat. Canada and India have strong trading ties in agriculture and agri-foods sector. While the relationship encompasses all sectors of the value chain, and includes a wide range of merchandize, including manufactured and processed food, it is dominated by India’s import of food grains (peas and lentils). The bilateral trade in the sector is estimated to be over $600m.

Amb. Dinesh Bhatia, Consul General of India to Toronto said that the Government of India is actively engaged in taking the commerce and business relations between Canada and India to a new level. Canada is an important country for India and there is a lot of scope for the cooperation among the two countries. He emphasized that the Consul General office in Toronto would always be open to help the businesses to grow.

Mr. Jagdish Prasad Meena, Special secretary, Ministry of Food Processing Industries, Government of India gave a detailed presentation of food processing sector in India. He said that as the second largest developing economy of the world. India is 6th largest food and grocery market and second largest retail potential in the world. India has 1.25 billion consumers.

Food processing is a priority sector under ‘Make in India’ campaign started by the present government. India is setting up 42 mega food parks across the country and there is provision of 100% investment in the sector. Dairy, fisheries, fruits and vegetable, meat and poultry are the other sectors where the investment opportunities are available.

Canada and India can work together in the sector as Canada has developed technologies used in the food processing sector and collaboration in this sector can take the bilateral trade and commerce to a new level.

Indian delegates and ICCC think tank discussing food processing opportunities

Indo-Canada Chamber of Commerce
924 The East Mall Toronto ON M9B 6K1
Tel: 416-224-0090416-224-0090.

Fax: 416-916-0086.
E-mail: iccc@iccconline.org

Website: www.iccconline.org

Wine tasting event with Indian appetizers!

Thu, 27 Apr 2017 22:30:00 GMT

Wine tasting event with Indian appetizers!

The pairing of wine with Indian food from an expert Sommelier!

Ramesh Srinivasan with the ICCC leadership

Wine and a combination of assorted cheese and crackers are the de rigueur hors d'oeuvre at most formal and informal meetings in North America; other accompaniments often include carrots, celery. It is inconceivable to pair wine with Indian appetizers.

The connoisseur of both wine and Indian appetizers would frown upon such a pairing. However, as culinary innovation, especially fusion among Indian and Western cuisine increasingly become a norm, such experimentation is acquiring a new propensity as well as acceptance.

As part of its mandate to integrate the Indo-Canadian community into the fabric of Canadian mainstream, the Indo-Canada Chamber of Commerce (ICCC) in collaboration with Humber College’s Centre of Culinary Arts & Science organized a presentation by Ramesh Srinivasan at Humber College last week on pairing of Ontario wines and Indian appetizers.

It may be pertinent to note that wine consumption has grown among Indo-Canadians as compared to the consumption of other alcoholic beverages. Equally pertinently, Indian cuisine has increasingly gained wider acceptance across Canada, and is becoming popular among a cross section of Canadian people from different backgrounds.

Ramesh Srinivasan, a wine educator who serves as a member of the Liquor Control Board of Ontario (LCBO), is a key wine enthusiast devoted to understanding the intricate nuances of wines, and has an equally keen interest in experimenting paring Indian appetizers with different forms of wine.


Understanding taste and aroma	Appetizers need to meld with wine

Ramesh is Professor and Program Coordinator at Humber College in Toronto, with cross appointments with the School of Hospitality, Recreation and Tourism and the Business School. He is a passionate hospitality and wine educator and his professional certifications include: Certified Hospitality Educator, Certified Food service Manager, Certified Specialist of Wine, French Wine Scholar, Certified Sherry Educator, Certified WSET Educator, and holds the Wine and Spirit Education (WSET), UK Level 4 Diploma in Wines and Spirits.

He has worked in management positions in three continents of the world with leading hospitality organizations that include Oberoi Hotels and Resorts, Four Seasons Hotels, the Metro Toronto Convention Centre and the Inter Continental Hotels Group. He served as a director on the Board of the Liquor Control Board of Ontario. In 2014, Ramesh was inducted as a Fellow of the Ontario Hostelry Institute in recognition of his dedication and contribution to the culinary, food service, wine and hospitality industry, and in 2015, he received the Humber College Distinguished Faculty Award.

He holds the advanced certificate in Wine and Spirits, and has passed the certified specialist of wine program. He is teaching a program on food and wine pairing at Humber Institute of Technology and Advance Learning.

From the enthusiastic response with which the members of the Chamber participated in the program, it was obvious that the pairing of wines and Indian appetizers was an idea whose time has come. Mr. Ramesh Srinivasan gave detailed information on different wines and delved deep on the importance of pairing of wine and food.

Mr. Arun Srivastava, President, ICCC, thanked the Humber College for collaborating for this event with the chamber. The wine was sponsored by Family Wines (FMW) and Constellation Brands whereas the Indian appetizers were sponsored by Warraich Meats.

Popularity of wines is creating a demand for innovation

The following wines were shown as pairing with the Indian appetizers.

Riesling, Loosen Bros ‘Dr. L’, Mosel - Germany and Onion Bhaji deep fried Onion fritters
Gewurztraminer, Pierre Sparr Reserve, Alsace France and Panir Tikka Tandoori Homemade cheese
Sauvignon Blanc, Kim Crawford, Marlborough, New Zealand and Methi Kebab Veggie kebab with fenugreek flavor
Rose, Malivoire ‘Ladbug’, Niagara, Canada and Malai Tikka - Mild creamy chicken Tikka
Cabernet Sauvignon, Santa Alicia Gran Reserva De Los Andes, Maipo, Chile and Shammi Kebab Shallow fried minced meat (Lamb) patties

Venue Sponsor	Food Sponsor	Wine Sponsor

Shannon Skinner emphasizes on Inner Guide to Creativity

Tue, 25 Apr 2017 22:00:00 GMT

Successful Mentoring Event Organized by Indo Canadian Chamber

Indo-Canada Chamber of Commerce Mentorship committee organized a special event with guest speaker Shannon Skinner where she presented an interactive session on "How to get your passion into action" in Toronto earlier this week.

Welcoming the guest speaker Ms. Shannon at the event, Mr. Kanwar Dhanjal, Director, S.M.E. Committee and Mentoring and Newcomer Committee and Mr. Ajay Tandon, Director Tourism said mentoring event is a significant event as it will help newcomers and the mentoring committee to work closely in their early settlement in the country. Mr. Dhanjal also shared about the upcoming Business symposium being held in Toronto along with Awards and Gala night on June 9-10 2017.

Ashok Baghwala, Chair of Mentoring and Newcomer committee introduced Shannon skinner to the audience. He also did a power point Presentation, gave detailed information about the role, duties and responsibilities of Mentors and Mentees.

Shannon Skinner is an Award-Winning Broadcaster, Speaker and Author. Her signature book, The Whispering Heart: Your Inner Guide to Creativity provides how-to guidance to discovering and living your dream.

Shannon shared her life journey with the audience where she explained about knowing your values as they are the key indicators of your heart's desires and life's purpose. She suggested some ideas such as reading books, watch movies about famous people. Connect with inspiring people in person – hang out with them. Spend time in nature and visit museums and art galleries.

Be an Inspiring Person, Live with an Open heart. Whatever you do, you’ll believe in yourself more. Live with courage and take Risks. When we see the big picture, we can find more gratitude. She suggested some ways like Meditation, writing in journals, listening, and following your heart, no matter what.

She explained the audience in her presentation how she had to face challenges while growing up even though her family was involved in the Media industry for long time. She took the courage to go all out to pursue her dreams and travelled to different countries all by herself. It needs passion and will-power to put your dreams into action. She shared how travelling to different parts of the world especially India had given her the exposure to write her travel blogs and helped her develop into a creative writer.

The second speaker at the event was Mokshi Virk. In her presentation "The Mentoring Effect" she shared her experiences as a Mentor and encouraged the guests to consider Mentoring as a way of giving back to community and help new immigrants in their settling phase. She gave a detailed insight on the skills and qualities of the Mentors and guidelines for mentees while they are working in this relationship.

In her presentation, Mokshi explained that Mentors assume various roles in their relationships with mentees. These roles overlap and change over time. In successful relationships, the number of roles that a mentor takes on often increases as the relationship develops. The mentor has to be a positive role model demonstrating exemplary behavior and offering values that will increase chances for success and happiness.

Kala Narayanan, Co-Chair of the Mentoring Committee gave the Vote of Thanks to both the speakers, Shannon skinner and Mokshi Virk for sharing their views and experiences with the audience and also thanked the audience for their support of these events organized by Indo Canadian chamber of commerce.

The event witnessed participation by several significant members of the Indo-Canadian community, including several past and new directors and members of the chamber.

Welcoming a technocrat

Tue, 25 Apr 2017 22:00:00 GMT

Welcoming a technocrat

ICCC and Consulate General of India in Toronto

felicitate Tech Mahindra MD & CEO CP Gurnani

Dr. CP Gurnani being presented with a felicitation plaque by ICCC President Arun Srivastava

and Dinesh Bhatia, the Consul General. Harshvendra Soin,

Tech Mahindra's Canada head is to Mr. Srivastava's right

Indo-Canada Chamber of Commerce in collaboration with the Consulate General of Toronto organised a felicitation program for Dr. CP Gurnani, the Managing Director and CEO of Tech Mahindra, one India’s leading information technology companies in Toronto earlier this week.

Dr. Gurnani is a much-honoured and felicitated tech guru who has transformed Tech Mahindra into a giant and guided its emergence as one of the top five Indian digital IT solution providers with an enviable track record and an ever-expanding global footprint.

Dr. Gurnani has acquired a formidable reputation in the rarified top echelons of the corporate world because of his unique and superlative achievements, the biggest of them all being the overall transformation of Tech Mahindra following the acquisition and merger of Satyam

Tech Mahindra’s turnaround under him is known amongst his peers, is reputed to be one of the biggest in the Indian corporate history; a feat that became possible because of his inimitable style of leadership that focuses on customer experience

Welcoming Dr. Gurnani, Arun Srivastava, President, ICCC, said that it is an important and significant event that a company such as Tech Mahindra has decided to enter the Canadian market. It is a sign of the growing bilateral economic relations between Canada and India, and the growing confidence that Indian enterprises have in Canadian business environment. He also provided a brief introduction of the ICCC and of the landmark Canada-India Business Symposium that is being planned on June 9.

Ambassador Dinesh Bhatia, Consul General of India in Toronto, in his remarks shared his reminiscences of having known Dr. Gurnani during the earlier part of their careers when they were both engineers. He reiterated that the interest among private sector in both countries for the economic collaboration has steadily grown and is reaching a peak. It is a matter of time when the two-way trade between Canada and India will cross its current self-imposed confines and break free to rise steadily.

Thanking both the ICCC and the Consulate General of India in Toronto, Dr. Gurnani said he was honoured by the warm welcome he had been accorded. He said that it is a significant sign that both the ICCC and the Consulate General have been increasingly collaborating on a business agenda promoting bilateral relations.

The reception witnessed participation by several significant members of the Indo-Canadian community, including members and stakeholders of the Chamber, and several past presidents and board members.


Media interaction	With Bal Gosal

All the VIP guests

ICCC@40 - an evening of nostalgia & remembering

(Past member) — Thu, 20 Apr 2017 22:00:00 GMT

ICCC@40

ICCC President's

From Left to Right (Standing): Sanjay Makkar, Naval Bajaj, Satish Thakkar, Arun Srivastava, Ajit Khanna, Ravi Seethapathy, Rakesh Goenka, Ajit Someshwar

From Left to Right (Sitting): DP Jain, Kris Krishnan, Asha Luthra, Ramesh Chotai, Sat P Chopra, Pradeep Sood, Raj Kothari

Indo-Canada Chamber of Commerce (ICCC) is an organisation that has come to symbolise the aspirations of the Indo-Canadians and has been a witness to history to the rise of the community in the Canadian mainstream, helping it to contribute to the fabric of the Canadian society by creating avenues and opportunities.

The organisation’s character has changed gradually, transforming from a community platform which brought together and bonded Indo-Canadians from different regions of India, speaking different languages, to one that boosted the entrepreneurial proclivities amongst the community, nudging, urging the community to look for independent avenues to utilise their talent, acumen, and qualifications.

A group of individuals met in early 1977 to discuss the launch of an organisation that would represent the Indo-Canadians. On March 12, 1977, the Indo-Canada Chamber of Commerce was formed, with Kishore Doshi becoming the first President. A small step for the Indo-Canadian community had been taken. It would prove – over the years – to be a giant leap.

The initial years were fraught with problems that seem almost insurmountable, and there were talks of winding down the organisation, but the persistence and the dogged determination of the business and professional community ensured that the organisation not only survived, it began to grow and flourish.

And lo and behold, in March 2017, it celebrated its fortieth anniversary, and last week on April 19, the organisation celebrated that milestone with a heartwarming and emotional get together that witnessed an unprecedented participation of 14 past Presidents, the incumbent President, several former members of the Advisory board, board of directors, sponsors and stakeholders.

The program was unprecedented because never before in the Chamber’s history had so many Presidents come together and shared their experiences of leading the organisation to its glory. Fittingly, the program was held at the ICCC still new office in Toronto.

	Arun Srivastava, the incumbent President, kicked off the evening emphasizing “it’s a loosey-goosey evening to share memories.” All the past Presidents gathered together to cut a 40th anniversary cake, and then everyone was given an opportunity to share their views on recalling their contributions to making of the Chamber.
	The first decade
	Ramesh Chotai (1982), a preeminent member of the Indo-Canadian community and the President of Bromed Pharmaceuticals, spoke first and informed the audience how an accident of circumstance had made him the President of the Chamber for a brief period. Bakul Joshi, the then incumbent President, was suddenly transferred to California, and Chotai had to take charge of the Chamber. He said when he left the Presidency, the Chamber’s bank account had $87 and some change, of which $50 he had personally contributed. Chotai has, of course, served the Chamber in the capacity of an Advisory Board member on a couple of occasions, and has continued to stay connected with the Chamber for the last four decades.
	The second decade
	Sat Chopra (1987-89) took charge of the Chamber at the end of its first decade, at a time when there were serious talks of winding up the Chamber because of a lack of involvement from the community. However, Chopra recalled, he along with others such as Rasik Morzaria, his predecessor, decided to go on a membership drive and enrol young members. This averted the crisis and the Chamber successfully entered its second decade – a decade that would prove to be momentous.
	Ajit Someshwar (1991-93), the flamboyant entrepreneur of today, was a young assistant manager at the CIBC when he took over as the President of the Chamber, becoming a life member by paying $135 ($200 life membership minus $65 annual membership). But it was under his leadership that the Chamber got the first experience of corporatization. He got RBC Royal Bank as the Chamber’s first corporate sponsor for $5,000. The RBC Royal Bank remained a sponsor for over the next two decades, leaving the Chamber for a brief hiatus and returning recently. During the entire period, Imtiaz Seyid, a member of the Chamber since 1993, has been active with the Chamber’s membership portfolio and now is the head of its audit committee. Someshwar also started the annual awards and gala night by honouring Indo-Canadians in different domains for their contributions to the Canadian society. He constituted an Advisory board for this purpose to ensure that the selection of the award winners would be objective. This year the Chamber will be celebrating the 25th anniversary of the Annual Awards and Gala Night, and during this period the ICCC awards have become a symbol of recognition for the Indo-Canadian community.
	The third decade
	Raj Kothari (1996-98), took over the Chamber’s mantle after Hari Panday, and was part of the group of young leaders who straddled the 1990s of the Chamber and took it to the next level invigorating the organisation with fresh ideas, infusion of new members, laying the foundations of governance by updating the bylaws, getting corporate sponsorship, and for the first time involving the Canadian federal and provincial leadership into the Chamber’s programming. Kothari emphasized that his background in finance helped ensure that the organisational finances were streamlined. Kothari’s Presidential tenure coincided with the 50th anniversary of the Indian independence in 1997. Under his stewardship, the Chamber, for the first time, got recognition by the Indian government, when it was asked to organise a program for Inder Kumar Gujral, the Prime Minister of India. Kothari also accompanied the then Governor General of Canada to a trip to India and Pakistan
	Ravi Seethapathy (1998-2000) recalled that he had joined as a volunteer member of the board and then got elevated to the position of the President gradually. He recalled how he had along with his board members spent hours to focus on organisational work. The Chamber had grown steadily and after Hari Panday had got a Yonge Street address for the Chamber, the time had come to move into a bigger office at Yonge and Sheppard. Seethapathy and his team had to skillfully navigate negative fallout of the Pokhran II nuclear testing, and steer the Chamber into a neutral territory to remain relevant to the Canadian establishment.
	Rakesh Goenka (2000-2001) succeeded Seethapathy, and continued to work to make the Chamber grow and consolidate. He recalled of the personal dedication that he and his team put in to maintain the Chamber’s hard won growth trajectory that included utilising personal resources to ensure that the Chamber continued to grow. An experience that he had which was common to many of his predecessors was of licking stamps and posting envelopes to members during the annual gala. Goenka also introduced digitization of financial records of the Chamber.
	PBD India
	Kris Krishnan (2001-2003) was the Chamber’s President when the Chamber celebrated its 25th anniversary at the Granite Club, an elitist club. He was the President when the Chamber led the first delegation to the Pravasi Bharatiya Divas organised in 2003 for the first time by the Government of India. There was some debate whether the Chamber should participate in the convention of the Indian diaspora, but Krishnan insisted and went to New Delhi. It’s become an unbroken tradition for the Chamber since then.
	Pradeep Sood (2003-2005) remembered that it was since his tenure that the Chamber began to consciously refer to itself as a business organisation and move away from the community organisation character. He spoke of the increasing recognition that the Chamber had begun to get from the Canadian establishment. He recalled that he was the first President to get a Caucasian person to be a member of the Advisory Board.
	Ajit Khanna (2005-2007) With the Chamber nearing completion of three decades, Ajit Khanna was a self-proclaimed reluctant President who became the harbinger of change, a role that he has continued to perform long after he ceased to be the President. Over the last few years, Ajit has been the chair of the Governance committee, putting in place a structure that has ensured good governance in the Chamber’s operations. It was during Ajit’s tenure that the Prime Minister of Canada, Stephen Harper, participated in an ICCC program.
	The fourth decade
	Asha Luthra (2008-2010) was the first woman President of the Chamber, and is known for her tough and no-nonsense approach to managing the Chamber’s affairs. She introduced new sponsors, getting on board all the major banks. She also energised the board with young faces. Along with the then Consul General of India Preeti Saran worked towards getting the PBDCanada2011 off the ground. It was one of the most significant programs organised by the ICCC since its inception. Significant policy pronouncements were made at the convention.
	Satish Thakkar (2011-2012) had played a crucial role in the fund raising of the PBDCanada2011 and when he took charge of the Chamber as its President for just a year, he transformed it with an outreach that encompassed all the councils and contributing to the Canada-India file by organising interactions between the chief negotiator of CEPA Don Stephenson and the Chamber’s stakeholders in different parts of Canada. He also transformed the annual delegation to an India Trade Mission, visiting multiple cities, which included a delegation from the city of Markham. It has become a Chamber’s annual tradition. Satish also accepted the Pravasi Bharatiya Samman Award on behalf of the Chamber. The Chamber is the only overseas Indian organisation to have been honoured with this award, which is annually bestowed upon individuals of Indian origin by the Government of India.
	Naval Bajaj (2012-2014) Naval Bajaj recounted his achievements including the acquisition of the ICCC’s new building in 2013. He also pointed out that it was during his term that the Chamber became a partner to the Vibrant Gujarat business convention, and the delegation that he led was one of the largest delegations to the convention and included several Canadian federal ministers. Bajaj also rubbed shoulders with the Canadian and Indian prime ministers during a visit to India in 2012.
	Dharma Jain (2014-2015) Dharma Jain led the Chamber on an austerity drive by launching a series of cost-saving drives to streamline the Chamber’s costs. Among the measures he undertook was to rationalise manpower at the Chamber and bringing in new sponsors. He claimed to have reversed the resource crunch by ensuring that the Chamber got the support of new sponsors.
	Sanjay Makkar (2015 – 2016) Sanjay’s tenure was marked with the most rigorous efforts by a President to usher accountability into the Chamber’s operations. He was instrumental in appointing the audit and governance committees, and with the help of his VP, Finance, Arun Srivastava, he was able to bring about a modicum of accountability in the finances of the Chamber.
	Dawn of new era

Arun Srivastava (2016 - ) Arun has continued to build upon the austerity drive of the Chamber and also planned to organise a path breaking Canada-India Business Symposium in June to coincide with the Annual Awards and Gala night.

Among the other participants who spoke included Ambassador Kant Bhargava, who was an honorary advisor to the Chamber for 15 years; Imtiaz Seyid, Harjit Kalsi and Pankaj Mehra, Jagdish Bajaj, Anil Shah and Yatendra Shah all former members of the board of directors, and Surjit Babra, a former Advisory Board member.


Kant	Imtiaz	Pankaj	Harjit	Jagdish	Anil Shah	Yatendra	Surjit

All the Presidents & current board members

ICCC Newsletter - April 2017

Sat, 15 Apr 2017 13:00:00 GMT

ICCC Newsletter

April 2017

Letter from the President

It's time for Prime Minister Justin Trudeau to visit India

Canada’s Defence Minister Harjit Sajjan is in India on an official visit. The trip is an opportunity to strengthen security and defence relations between Canada and India, as well as in areas of mutual importance such as innovation, culture, and trade. During his visit, Minister Sajjan will meet India's Minister of Finance, Defence and Corporate Affairs Arun Jaitely, and the Minister for Foreign Affairs Sushma Swaraj. Minister Sajjan is the fifth Canadian federal minister to visit India in 2017, and the eighth in the last nine months. There are also indications that Indian federal ministers will be visiting Canada in summer, all this will probably lead up to Prime Minister Justin Trudeau’s visit to India.

It is evident that the Liberal government in Ottawa is focused on a comprehensive overhaul of the bilateral ties with India that will go over and beyond mere optics and focus on substantive issues such as trade and immigration. It may well be that the Trudeau government may herald a new dawn in the bilateral relations between Canada and India by taking the political initiative to sign the much-delayed Comprehensive Economic Partnership Agreement (CEPA) and encourage the Indian political establishment to abandon its recalcitrance on the Foreign Investment Promotion and Protection Agreement (FIPPA).

At present, the flow of investments is skewed in favour of Canada, with Indian investments in Canada outpacing Canadian investments in India. This is because FIPPA is gathering dust. India needs to understand and appreciate Canadian sensitivities on the insistence on the signing of the FIPPA. The elimination of this roadblock will ensure that Canadian investments will become more robust.

Click here to read the: Letter from President

Insight

India’s envoy to Canada, brain behind Slumdog Millionaire, tackles trade deals

The Globe and Mail chats with the new Indian High Commissioner

It was easy to spot Vikas Swarup at the Oscars in 2009.

As the cast and crew of Slumdog Millionaire swarmed the stage to accept the award for best picture, Mr. Swarup, the author of the book on which the movie was based, stood among the crowd of stars and gazed out at the Hollywood theatre, soaking up every second under the bright lights. The audience cheered, his colleagues addressed the camera with thanks, but Mr. Swarup just looked up.

"If you look at my pictures at the Academy Awards … I am like this," Mr. Swarup said in a recent interview, head tilted upward with a look of awe on his face.

The path to the Oscars stage is unlikely for any writer, but Mr. Swarup says his journey was more unusual than most. He was a writer by passion – but an ambassador by training. "What is a professional diplomat doing in the Kodak Theatre?"

And now, he has landed in Ottawa.

Mr. Swarup, whose passion for writing and distinguished diplomatic career have taken him around the globe and into the senior ranks of the Indian government, is embarking on a new adventure as India's high commissioner to Canada.

He arrives at a significant time for Canada-India relations, as the two countries attempt to finalize two major trade deals. The former right-hand man to Prime Minister Narendra Modi will communicate India's interests to a federal government that already understands the importance of its relationship with the emerging superpower and identifies India as a priority for Canada's trade agenda.

Click here to read the interview: Insight


EDC Trade Insights	Export Guide	BDC Business Desk
	Download Step-by-Step Guide to Exporting
Click here for more:	Click here to download:	Click here for more:
Trade Insights	Trade Commissioners' Service Export Guide	Business Desk

Business Snippets	Programs & Events	Global Tenders

A brief summary of the most significant economic news during recent days.	A quick recap of the recent ICCC's programs and events	A list of latest Global Tenders floated by the Government of India.
Click here for more: Business Snippets	Click here for more: Programs and Events	Click here for more: Global Tenders

ICCC app

Download ICCC phone app and stay connected on the go!

Advertising, Outreach, Social Media

	Information about Indo-Canada Chamber of CommerceXXXXXXXXXXX Membership Advertising New Initiatives Social Media Disclaimer
	To read more, click here: About Newsletter

A big Thank you to all our Sponsors: Click here to meet our 2016-2017 Sponsors:
ICCC's 2016-17 Partners in Success

"Canada-India relations potentially 21st century's most strategic" - Vikas Swarup

Mon, 27 Mar 2017 22:30:00 GMT

Welcome reception in honour of

H. E. Mr. Vikas Swarup

High Commissioner of India

ICCC members with HE Vikas Swarup and Dinesh Bhatia

In an event that will be remembered equally for its spontaneity and vivre as well as relevance and meaning, the Indo-Canada Chamber of Commerce and the Consulate General of India in Toronto came together yet again to welcome the new High Commissioner of India to Canada His Excellency Vikas Swarup to Toronto Monday March 27.

A who’s who of the Indo-Canadian community including leading entrepreneurs, professionals, academicians, diplomats, community leaders, and senior corporate leaders were present in strength to welcome the new High Commissioner, who is a globally renowned novelist, in addition, of course, to being a career diplomat with illustrious stints both in India and abroad.

His Excellency Vikas Swarup


Dinesh Bhatia, Consul General	Arun Srivastava, ICCC President

His Excellency’s erudition encapsulated the past, present and the potentially glorious future of the bilateral relations between Canada and India. Over a million plus Indian Diaspora are the real ambassadors of India who are working hard to brand India in Canada, High Commissioner said amid applause. The High Commissioner applauded the tremendous role that the Indo-Canada Chamber of Commerce (ICCC) has played over the last four decades in nurturing economic relations between Canada and India.

Indian Prime Minister Narendra Modi’s visit to Canada in 2015 added new depth to relationship which has the potential to develop into one of 21st centuries strongest economic and strategic partnerships. Canada’s rich natural resources and sophisticated technological and educational base gives us great promise to deepen our engagement in all spheres of life. Canada will be a true partner in India’s infrastructure development, food security, energy security, science & technology, higher education and clean energy.

Mr. Dinesh Bhatia, Consul General of India in Toronto appreciated Chamber for promoting the Canada India bilateral trade and commercial economic relations. He, too, emphasized the role of what he described as FED – Films, Economy and Diaspora in the global branding of India.

Speaking on the occasion Mr. Arun Srivastava, President, ICCC said that ICCC is celebrating its 40th anniversary this year. The chamber is representing the Indo-Canadian businesses community. Chamber was conferred Pravasi Bharatiya Samman Award in 2012 for its effort to promote Canada India ties. He further said that the signing of Comprehensive Economic Partnership Agreement (CEPA) and Foreign Investment Promotion and Protection Agreement (FIPA) will pave the way for more business to achieve the US $ 15 billion trade target in next couple of years.

Ms. Devika Penekelapati, Vice President ICCC welcomed the guests and introduced the evening.

Guests listening to the High Commissioner's speech

Canadian & Ontario economies to sustain growth: BDC

Thu, 23 Mar 2017 22:30:00 GMT

Canadian & Ontario economies to sustain growth

Pierre Cléroux, Vice President, Research and Chief Economist of BDC

The revival in oil prices has given a boost to the Canadian economy and that upward trajectory is likely to sustain itself for some time, especially in the wake of the clearance given to the Keystone Pipeline project by the new Trump administration in the United States, Pierre Cléroux, Vice President, Research and Chief Economist of BDC, said during his interactive session at the Indo-Canada Chamber of Commerce (ICCC) last week.

Cléroux shared the latest economic outlook and forecast for Canada and Ontario based on BDC research at a program organized jointly by the ICCC and the BDC. The program 2017 Economic Outlook and Tackling the Productivity Challenge attracted a large number of enthusiastic participants eager to understand not only the economic forecast, but also to understand the various services offered to the small businesses by the BDC.


Pappur Shankar	Devika Penekelapati	Abubakkar Noohujohn	Ajay Tondon

Cléroux said that the economic changes that the Trump administration may usher in the near term will likely have a positive impact on both the Canadian and Ontario economies. He also said that in the near term, the rate of economic growth in the United States is likely to remain on an even keel. The only real issue that could likely have an adverse impact was the overheated housing market in Toronto, but that, too, is likely to taper off by sometime next year.

Pierre Cléroux was appointed Vice President, Research and Chief Economist at BDC in 2012.

Cléroux leads a team of experts who analyze economic data to identify business and sector trends impacting Canadian entrepreneurs. A seasoned speaker, he regularly travels across the country to help business owners understand the risks and opportunities presented by the economic environment.

Cléroux is also responsible for providing economic analysis and advice to the Bank’s senior management team, and supervises all marketing and industry research activities. Over his 25-year career as an economist, he has held several influential positions that had a direct impact on entrepreneurs in Canada and abroad.

Devika Penekelapati, Vice President, Programs and Events, ICCC, introduced the speaker and Pappur Shankar, Vice President, Finance and SME, gave welcome remarks. Among the other directors present at the event included Abubakkar Noohujohn,
Ajay Tandon and Sanjay Brahmbhatt.

ICCC directors with Pierre Cléroux

ICCC Newsletter - March 2017

Fri, 17 Mar 2017 13:00:00 GMT

ICCC Newsletter

March 2017

Letter from the President

Today, I want to take a break from my monthly commentary on developments relating to the Canada-India economic relations, and talk a bit about the institution that binds us all together.

One of the most significant privileges of my association with the Indo-Canada Chamber of Commerce is that I have become the President of this institution in its fortieth year.

An institution that lasts for this long is without doubt meeting important needs of its constituents. As its 28th President (check), I am committed to ensuring that it will last for many more decades and continue to do the good work we all have come to expect of it.

On March 12, 2017, the Indo-Canada Chamber of Commerce celebrated its 40th anniversary. It was a major milestone in the history of an organisation that was set up at a time when there were not too many community-based organisations.

From the time it was launched by a handful of enthusiasts, with few members, it has grown exponentially to become the only democratic organisation for the Indo-Canadian community of entrepreneurs and professionals.

Click here to read the: Letter from President

Insight

‘Absence of FIPPA curbing investments from Canada’

We have to be more ambitious about our trade target, says Canada Trade Minister

Canadian Trade Minister François-Philippe Champagne said investments from Canada to India are getting restricted in theabsence of a Foreign Investment Promotion and Protection Agreement (FIPPA). In an interview with India's BusinessLine, he said India and Canada should expedite talks on having Comprehensive Economic Partnership Agreement (CEPA).

How has been your interaction with the industry?

I have had a lot of meetings since morning. We met Canadian businesses, which are quite active in India, also pension funds that have offices here. We also met BlackBerry. Then we also met the CEO of SpiceJet. This was about a strategic partnership. We are trying to look at what we could do more together, trying to understand India’s regional connectivity as a big strategy. There are 30 million Indians who travel by air now. And there is a lot of potential with Canada being the third largest manufacturer of aircraft in the world with the Bombardier Q400. We were having a strategic discussion about what can we do together. Then we met Jubilant (Life Sciences). It is a success story, has big activities and good presence in pharmaceuticals in Canada. And we talked about what we could do more.

Click here to read the interview: Insight

'Absolutely Fabulous Women' Award for Anu Srivastava

Mrs. Anu Srivastava got the Absolutely Fabulous Women Awards “40 over Forty's 'Excellence' under the sub-category of Community Leader! She was Chosen from thousands of nominations made by nominees from 18 participating countries and a very distinguished 6 member jury nominated her for this prestigious award.

Mrs. Anu Srivastava is an exceptional community leader and finance professional. She has been instrumental in providing international exposure with global profile to the Greater Toronto Area while spearheading the International event of IIFA and initiating the cultural vision for “Year of India in Canada”.

As the Chair of Panorama India, Anu has played a phenomenal leadership role to bridge the Indo Canada bi-lateral relations through showcase of culture. She introduced several initiatives to solidify the objective and profile of Panorama India which is an umbrella organization of 100+ community and cultural organizations. Anu Srivastava has been an impressive community philanthropist leader in raising funds for local hospitals and volunteered relentlessly since 2004.

In 2014 she was the Community Chair of Trillium Health Partners Diwali Gala Fundraiser and has helped raise $8.5m for Credit Valley Hospital, Mississauga Hospital and Queensway Health Centre for the “OM Fracture Clinic”, Seniors Program, Endoscopy Unit, Cardiac Care and Cancer Care. Anu Srivastava is a recipient of Queen Diamond Jubilee Award; CIBC Midweek’s top ten South Asians in North America in the field of Community Leadership; Top 20 South Asian Power List; Leading Women Building Communities by Premier of Ontario and in the 2017 published book The A-List.


EDC Trade Insights	Export Guide	BDC Business Desk
	Download Step-by-Step Guide to Exporting
Click here for more:	Click here to download:	Click here for more:
Trade Insights	Trade Commissioners' Service Export Guide	Business Desk

Business Snippets	Programs & Events	Global Tenders

A brief summary of the most significant economic news during recent days.	A quick recap of the recent ICCC's programs and events.	A list of latest Global Tenders floated by the Government of India.
Click here for more: Business Snippets	Click here for more: Programs and Events	Click here for more: Global Tenders

ICCC app

Download ICCC phone app and stay connected on the go!

Advertising, Outreach, Social Media

	Information about Indo-Canada Chamber of CommerceXXXXXXXXXXX Membership Advertising New Initiatives Social Media Disclaimer
	To read more, click here: About Newsletter

A big Thank you to all our Sponsors: Click here to meet our 2016-2017 Sponsors:
ICCC's 2016-17 Partners in Success

International Women Day - 08-03-17

(Past member) — Wed, 08 Mar 2017 23:30:00 GMT

Empowering Women = Empowering Society

ICCC's Sixth Annual International Women's Day Celebration

Participants at ICCC's Annual International Women's Day Celebrations

Women empowerment has many dimensions and many aspects. It is connected to a career, wealth, success personally and professionally. On their journey to fulfillment and empowerment, women face discrimination and gender bias, orthodoxy in personal spheres, conservative moors and the necessity to adjust in an ever-changing as well as an ever-shrinking space.

These and many other related issues were hotly discussed and debated on the occasion of the International Women’s Day at the Indo-Canada Chamber of Commerce’s headquarters in Toronto. The panelists and the audience included some of the Indo-Canadian community’s most successful women. They included entrepreneurs, professionals, community leaders, artists, academics. All of them are all this in addition to their primary role of being home makers.

The panelists were: Ms. Christina Doyle a professional motivational speaker, Dr. Vinitha Gengatharan Director, International Strategy and Partnerships at the University of Toronto, Dr. Amitha Mundenchira, Family Physician, and Ms. Nav Mander, Vice President,Commercial Financial Services, RBC Royal Bank.

This was the sixth annual International Women’s Day panel discussion organized by ICCC. And the diversity of views represented by the panelists and the audience gave a different dimension to the theme of Women Empowerment. Among the issues that the panelists discussed included the following:

What is Women Empowerment? Is it limited to a career choice, generating wealth and corporate success or is it something intangible
Dealing with discrimination and gender bias
The two biggest challenges faced in the journey to success
Traditional conservative families – are they the biggest hurdle to women empowerment
How can women empowerment change social structure of the society

In her welcome remarks, Devika Penekelapati, Vice President, Events and Programs said that Women Empowerment refers both to the process of self-empowerment and professional achievements, which enables women to overcome any obstacles to achieve success.

It also reflects women’s ability to use their developed skills and intellect to shape future for an unbiased social structure. Active participation of women in all spheres of life will help in promoting new ideas, rational decision making and positive use of socio-eco and political power.

Mr. Arun Srivastava, President ICCC in his welcome remarks said that the chamber is giving more importance to the women and working towards promoting the women entrepreneurship. He said the ICCC was celebrating its 40th year in 2017, which coincided with India’s 70th year of Independence and Canada’s 150th year of the formation of the Confederation. Chamber has lined up events to celebrate its 40th year. Chamber will be holding 'Canada India Business Symposium' on 9th June 2017 with the Business Expo. A business delegation will come from India during the symposium. The ICCC President said that the Chamber has rededicated itself in its fortieth year to fulfil its twin objectives of fostering bilateral economic ties and creating opportunities for Indo-Canadians.

The panel discussion drew tremendous response from the ICCC members and non-members and was attended by an overwhelming number.

Ms. Shibani Sahney, Chair WEP committee moderated the session and also gave a vote of thanks.

Panelists with ICCC & WEP leadership

PDAC: Exploring Canada-India - 07-03-17

(Past member) — Tue, 07 Mar 2017 23:30:00 GMT

PDAC: Exploring Canada-India

collaboration in mining

Arun Srivastava, President, ICCC with Subhash Chandra, Joint Secretary, Ministry of Mines,
Government of India and Consul General of India in Toronto Mr. Dinesh Bhatia

The process of granting exploration licences and all aspects of the mining sector in India have become substantially more transparent and merit-based than ever before, and the government’s mining department has divested it of virtually all discretionary decision making powers, said Subhash Chandra, Joint Secretary, Ministry of Mines, Government of India, at the traditional reception hosted by the Indo-Canada Chamber of Commerce (ICCC) and the Consulate General of India in Toronto (CGI-Toronto) for the Indian mining delegation visiting the annual Prospects and Developers Association of Canada (PDAC) in Toronto.

Subhash Chandra led a 20 member delegation comprising officials from public sector mining entities. He emphasised that the mining sector in India stood to gain vastly from the expertise that the Canadian mining sector had to offer. The Indian mining sector is being developed in a sustainable manner, with special attention being given to the needs of the indigenous people on whose traditional lands mining activities are to occur. The Joint Secretary declared that the Government of India is focusing on technology-based innovation in the sector, and is keen to invite investments in the sector that enhance productivity in a sustainable manner.

A delegation from India led by the Ministry of Mines and comprising officials from both the public and private sector mining entities has traditionally participated in Toronto’s annual PDAC trade show, and the ICCC in collaboration with the CGI-Toronto has organised a welcome reception for the delegation to enable their interaction with Canadian mining sector entities.

Speaking on the occasion, Dinesh Bhatia, the Consul General of India in Toronto, credited the Indo-Canadians for the growing cooperation between Canada and India. He said that he often heard in public discourses that while both Canada and India shared many traits, their economic relations have not yet realised the full potential. He said that the Indo-Canadians were doing their best to ensure that the relationship continue to progress in the desired direction and at a faster pace. He said at present, Indian entities were investing more in Canada and helping create Canadian jobs than Canadian entities were investing in India.


participants	participants

Arun Srivastava, President, Indo-Canada Chamber of Commerce (ICCC), welcomed the delegation and thanked the CGI-Toronto for its collaboration in organising the reception. He said the ICCC was celebrating its 40th year in 2017, which coincided with India’s 70th year of Independence and Canada’s 150th year of the formation of the Confederation. The ICCC President said that the Chamber has rededicated itself in its fortieth year to fulfil its twin objectives of fostering bilateral economic ties and creating opportunities for Indo-Canadians.

Prominent members and other dignitaries participated in the reception including Hon. Deepak Obhrai, MP and a contender for the Conservative Party of Canada’s leadership; veteran entrepreneurs and community leaders Ramesh Chotai, Deepak Ruparell, and V.I. ‘Lucky’ Lakshmanan. The event also saw the participation of a number of past presidents of the ICCC including Sanjay Makkar, Dharma Jain and Satish Thakkar. Among the board members who were present at the program were Pappur Shankar, Nareshkumar Chavada and Janak Bhawnani.

Mr. Chandra addressing participants

ICCC Seminar on Intellectual Property

Wed, 01 Mar 2017 23:30:00 GMT

ICCC's seminar on Intellectual Property

L to R: Arun Srivastava, Sanjay Brahmbhatt, Heather Watts

Devika Penekelapati, Devika Penekelapati and Pappur Shankar

In a landmark program that created a precedent at the Indo-Canada Chamber of Commerce (ICCC), Heather Watts and Kavita Ramamoorthy, lawyers specializing in intellectual property matters, discussed the intricacies of the subject, its implementation and implications in Canada. The participation of members of the Indo-Canada Chamber of Commerce (ICCC) was unparalleled in its intensity and involvement.

Both the lawyers are partners at Deeth Williams Wall LLP, a Toronto law firm that has helped clients develop, protect, acquire and commercialize all types of intellectual property since 1994. Trademark, copyright, patent are examples of intellectual property; it is, unquestionably, one of the most significant assets of any business. Like a business’s goodwill, it may be intangible, but its value is extraordinary. Acquisition and protection of your business’s intellectual property is critical.

The Indo-Canada Chamber of Commerce (ICCC) brought two experts on the subject to conduct an interactive session on intellectual property. The session brought an unprecedented opportunity for the ICCC members to learn about the various forms of intellectual property, when and how to obtain it and how your business can benefit from it.



Kavita Ramamoorthy	Heather Watts


Arun Srivastava	Devika Penekelapati

In her presentation, Heather Watts focused on the different forms IP and how beneficial registration of IP would be for a business, irrespective of the size. Having obtained her law degree from the University of Toronto in 1999 and was called to the Bar of the Province of Ontario in 2001, Heather also obtained a Masters of Law degree from the University of Toronto in 2005. Heather’s legal practice focuses on litigation relating to all forms of intellectual property; her litigation experience covers patents, trade-marks and copyrights with a focus on health technologies and pharmaceuticals.

Kavita kicked off the discussion on the subject by providing an overview of the subject and the different ways in which intellectual property is defined and used in the world of business. Kavita’s area of practice focuses on patent litigation, particularly in the pharmaceutical field. Her practice includes litigation management, preparation of expert evidence and both oral and written advocacy. She was called to the Ontario Bar in 2003. In addition, she holds a B.Sc. in Pharmacology and a PhD. in Toxicology.

In addition to being a lawyer, Kavita is a Registered Canadian Patent Agent and Trade-mark Agent. She is listed as one of the Top 250 Women in IP globally in the 2016 Edition of Managing Intellectual Property – IP Stars and is listed in The Best Lawyers in Canada 2017 in the field of Intellectual Property Law.

Devika Penekelapati, Vice President, Programs and Events, ICCC, introduced the speakers and the evening, and Arun Srivastava, President, ICCC, gave introductory remarks where he spoke about the forthcoming programs of the Chamber, including the ambitious Canada-India Business Forum that is being planned for June 2017. ICCC directors including Abubakkar Noohujohn, Pappur Shankar, Sanjay Brahmbhatt were present at the event, along with several committee members and past directors.

Participants at the seminar

ICCC inks MoU with Ontario Trucking Association

Wed, 22 Feb 2017 23:30:00 GMT

ICCC inks MoU with Ontario Trucking Association

ICCC President Arun Srivastava and OTA Chairman Stephen Laskowski after signing the MoU

Toronto: In an alliance whose time is nigh, the Indo-Canada Chamber of Commerce (ICCC) and the Ontario Trucking Association signed a memorandum of understanding (MoU) at the Westin Hotel on 22nd February 2017. The MoU will enable both the organisations to forge mutually beneficial relationship for their respective members. Primarily, the linkage will enhance the relationship between OTA member-carriers and transportation companies in the South Asian community.

“The South Asian community is a rapidly growing segment of the trucking community in Ontario. By working with the ICCC, OTA hopes to make inroads in reaching for-hire carriers in that community and involve them in the many invaluable educational, professional networking and entertainment events that OTA organizes and vice versa,” said OTA Chairman Stephen Laskowski.

Through this MOU, OTA and ICCC will work together in creating and co-marketing events to attract leaders in the trucking industry.

Participants at the event

“We are delighted with this new alliance with the Ontario Trucking Association,” Arun Srivastava, President, ICCC, said, adding, “Our association with the OTA will open new avenues for our members and for the South Asian community at large.” He noted that South Asians have taken to trucking business with enthusiasm in recent years.

Mr. Geoffrey Wood, Vice President OTA, Mr. Lak Shoan, Program & Education Coordinator OTA, Mr. Marco Beghetto, Vice President, Communications, OTA and Mr. Jonathan Blackham addressed the audience on different topics related to the trucking business in Ontario. The first kick-off event also featured updates on key issues like ELDs, mandatory entry level training, ESDC audits, automation in trucking industry, cross border issues, problem of marijuana and other key matters affecting the industry.

ICCC board members Mr. Pappur Shankar, Ms. Devika Penekelapati, Mr. Abu Becker, Mr. Kanwar Dhanjal, Mr. Sanjay Brahmbhatt and Logistics Committee Chair Mr. Rajneesh Walia were also present with the other committee members Mr. Mahmood Lalani, Mr. Surinder Singh, Mr. Manpreet Mann, Mr. Deepak Anand, and Mr. Laxman Chauhan among others.

ICCC's Srivastava adumbrating the advantages of the ICCC-OTA alliance


Gavin Roth	Cary Kaplan
Managing Partner	President
Gavin Roth + Associates	Cosmos Sports & Entertainment