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  • 17 Mar 2017 9:00 AM | Anonymous
    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.
                                  
     

         
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      A quick recap of the recent
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  • 08 Mar 2017 6:30 PM | Anonymous

    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 


  • 07 Mar 2017 6:30 PM | Anonymous

           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


  • 01 Mar 2017 6:30 PM | Anonymous
    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


  • 22 Feb 2017 6:30 PM | Anonymous
    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 


  • 15 Feb 2017 9:00 AM | Anonymous
    ICCC Newsletter  
     
    February 2017  


    Letter from the President: India Mission 2017
     

    Arun Srivastava
     

    A good day to all of you.

    Earlier this week, we had Canada’s Prime Minister Justin Trudeau take an important trip down south to meet the new President of the United States of America, Donald Trump. It was a highly anticipated meeting between the leaders of two neighbours who share not only one of the longest borders on the planet, but also many more things such as culture, democratic values, and strong trading relations that generate trade worth $575.5billion (approximately $1.57 billion a day - 2015 figures).

    Given the protectionist platform on which President Trump won a surprising victory in the elections, and the subsequent decisions that he has announced there was a high degree of disquiet amongst Canadian policy makers on the possible course of direction the bilateral trade relations would take under the new administration in the White House. Already, President Trump had pledged to re-examine minutely the provisions of the North American Free Trade Agreement (NAFTA).

    Members will have noticed that this month I have not focused on the usual bilateral relations between Canada and India, and instead chosen to comment on the bilateral ties between Canada and the United States. This is because as entrepreneurs and professionals, the members of the Indo-Canada Chamber of Commerce (ICCC) are directly affected by the course of US-Canada relations, and more so as compared to the bilateral ties between Canada and India.


     Click here to read the: Letter from President

    Nomination of Director: Janak Bhawnani, Director, Events

    Janak Bhawnani has been appointed as a nominated director in charge of Events. Janak is in hospitality profession since 1982, having studied at the famous Ecole Hotelière Les Roches in Switzerland. Arriving in Montreal in 1989 he worked in different hospitality organizations. In 1996 he relocated to Toronto and began a career with the Movenpick group. He took his expertise to the Renaissance Toronto and within a 3 year took the food & beverage team in the top 10 in North America for Marriott. In 2003, he moved to Accor as a Director of Hotel operations and then escalated into a General Manager’s role for the Novotel North York. During his tenure with Accor he has been the recipient of ‘General Manager of the year’ for North America in 2010. He has been invited by the Humber college school of hospitality to contribute as an occasional professor. 
    Diversity Survey by Ryerson University's Diversity Institute

    This research is investigating the needs of skilled, internationally trained immigrant entrepreneurs, to determine whether existing services meet their unique needs, and to make recommendations in order to make these programs more supportive of skilled, internationally trained immigrants. It is meant for entrepreneurs supported by ICCC's services (both immigrant and non-immigrant) within Mississauga, the City of Niagara falls and Picton. The survey is open to anyone who has started a business or has considered starting a business and is 18 years of age or older. This survey would take approximately 20 minutes to complete and all participant information will be kept strictly confidential. The link to the survey is below:

    https://ryersontrsm.qualtrics.com/SE/?SID=SV_9HSvUcDAkE05bPD 

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    Insight

    From airports to e-commerce, Canadian institutional 

    money pouring into India like never before

    This analysis by Indulal PM and Arjit Barman was originally published in the the Economic Times on February 7, 2017

     
     
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  • 09 Feb 2017 6:30 PM | Anonymous
       
    From L to R: Abu Becker, Sanjay Brahmbhatt, Arun Srivastava,
    Justin Oliver, Bryan Jacob, Carmen Jacques, 
    Devika Penekelapati, and Pappur Shankar
     


    Indo Canada Chamber of Commerce (ICCC) organized a seminar in collaboration with CPA Ontario on 2017 Investment Climate: An Overview. The seminar provided an overview of the global economic environment in the light of recent developments globally.

    Keynote speaker of the evening Mr. Justin Oliver CPA, CA, Vice-President Exchange Traded Funds at BMO Asset Management, spoke about ETF Exchange trade funds, impact in future, volatile market situations, emerging international economy changes, ETF investment. He said, the markets will remain volatile in the coming period with uncertain impact in future.

    Mr. Arun Srivastava welcomed the CPA Ontario and all the participants at the event. Mr. Srivastava said that the Chamber is working hard to update its members regarding the new developments in the economy and the job market. 

    The Chamber has recently completed its successful India Mission 2017 and also gave a heads-up for ICCC’s upcoming mega event, Canada India Business Symposium in June 2017.

    He also said that the Chamber will be holding a joint event with the Ontario Trucking Association on 22 February 2017 to explore the prospects in the transportation industry for our members.

    Mr. Bryan Jacob, Student Recruiter and Ms. Carmen Jacques, Manager, Student Recruitment, CPA Ontario welcomed all the guests They gave a brief introduction of their new program Advanced Certificate in Accounting and Finance (ACAF).

    The program will provide the job-ready skills that employers across the country value within the accounting and finance functions of their businesses. Delivering the technical and workplace skills employers demand, the ACAF prepares certificate holders for intermediate accounting and finance roles in business, not-for-profit, public sector and accounting firms. Learn how the ACAF can boost the skills of new and current employees to benefit your organization.

    The event was well attended by the ICCC members. Mr. Pappur Shankar, Vice President Finance and SME introduced the evening to the participants. ICCC board members Mr. Sanjay Brahmbhatt, Mr. Abu Becker, Mr. Kanwar Dhanjal, Ms. Devika Penekelapati and Immediate past President Mr. Sanjay Makkar were also present at the event. 


  • 01 Feb 2017 4:00 PM | Anonymous
     
    Canada's Chief Negotiator 
    Don Stephenson assures 
     
    Measured Progress
     
    on Comprehensive Economic Partnership Agreement
     
     
     From L to R: Sanjay Brahmbhatt, Satish Thakkar, Arun Srivastava, Don Stephenson,
    Sanjay Makkar, Abu Becker, Pappur Shankar, Devika Penekelpati
     
    Both Canada and India are committed to pursue the Comprehensive Economic Partnership Agreement (CEPA) negotiations and take it to its logical conclusion that will culminate into the signing of the agreement, Don Stephenson, the chief negotiator for Canada for the agreement said during an interaction with the members of the board of the Indo-Canada Chamber of Commerce (ICCC) held last week on February 1 at the ICCC’s global headquarters.

    Stephenson also invited suggestions from the Chamber’s directors while informing them that altogether nine rounds of negotiations had already been concluded, and substantial progress had already been made on both side. He said both the governments have recently reengaged each other to complete the agreement on a priority basis.

    It may be recalled that last year Minister Chrystia Freeland and Minister Nirmala Seetharaman had held a high-level meeting in Ottawa and Toronto to scrutinize the progress of the negotiations and identify the issues that were proving to be the stumbling blocks in arriving at a consensus. Since then, both sides have been trying to understand their and the other side’s perspective.

    Mr. Stephenson said the challenges in finalising the agreement continue to be real and present, but what has changed is the understanding that both governments have developed over these issues, and a renewed commitment to resolutely move forward to arrive at a consensus on all pending issues.

    Mr. Arun Srivastava, President ICCC, who had been a witness to the negotiations between Ministers Freedland and Sitharaman, recommended an incremental approach to the agreement to move forward. The sectors where both countries do have agreement can be finalised first and the sectors with more challenges can be put on the side to move forward.

    Mr. Sanjay Makkar, immediate past president, Mr. Satish Thakkar, past president, and ICCC’s board members Mr. Pappur Shankar, Ms. Devika Penekelapati, Mr. Abu Becker and Mr. Sanjay Brahmbhatt, were also present in the meeting.  



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