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Business applauds Provincial Throne Speech focus on expanding trade links to Asia
February 22, 2011
by Calgary Chamber of Commerce
Calgary, AB – The Calgary Chamber of Commerce supports the Provincial Speech from the Throne’s emphasis on improving competitiveness and enhancing links with Asia.
“Alberta’s future prosperity will be built on innovation and our ability to access fast-growing emerging markets,” said Adam Legge, President + CEO with the Calgary Chamber of Commerce. “Improving west coast corridors and ports to expand road, rail and pipeline capacity is a visionary diversification strategy.”
The Chamber supports the creation of the new Asia Advisory Council to investigate opportunities to expand trade between Alberta and Asia. It also looks forward to the results of the Competitiveness Council study, which will make recommendations to enhance Alberta’s global competitiveness.
The Chamber was heartened by the government’s intention to move forward with changes to the oil and gas regulatory system. Implementation of the Regulatory Enhancement Project recommendations is another important step in improving Alberta’s competitive position for oil and gas investment.
“Regulatory enhancements will provide more predictability for both industry and the public,” remarked Legge. “These changes will improve the regulatory process while maintaining the strong environmental performance that Albertans have come to expect.”
The Chamber looks forward to strong action to improve Alberta’s fiscal position in the provincial budget to be released this week.
“As Alberta emerges from the economic downturn, it is an opportune time for the province to demonstrate fiscal leadership for the long-term,” said Legge.
Calgary’s business community suggests a simple three-step approach to government fiscal management: balancing the budget, replenishing and capping the Sustainability Fund, and saving to replace resource revenues permanently. A key component will be to cap annual expenditures of non-renewable resource revenues, which the Chamber has recommended at $4.5 billion, or about the equivalent of a seven per cent sales tax.
The Chamber’s provincial pre-budget submission is available at: www.calgarychamber.com
About the Chamber:
The Calgary Chamber of Commerce is a member-driven, sustainable organization whose mission is to
connect, serve and champion the Calgary business community in its quest to excel. On critical and emerging
issues in public policy, the Chamber acts as the leading forum for debate, and advocates public policy
solutions that improve the business climate on behalf of our members.
For more information:
Danny Ng, Membership Development
Calgary Chamber of Commerce
dng@calgarychamber.com
Canada’s Global Economic Leadership
June 21, 2010
By Paul K.P. Wong
The Honourable Jason Kenney, Minister of Citizenship, Immigration and Multiculturalism released the news on Monday, June 21, 2010 8:53 AM. Canada is leading the world in the global economic recovery, said the Honourable Jim Flaherty, Minister of Finance, who is in New York today to release a report charting Canada’s strong economic and fiscal record as compared to other industrialized nations.
Hong Kong as an International Potential Unlimited Financial Centre
June 11, 2010
By Paul K.P. Wong
 Miss Au King-chi speaks at a luncheon hosted by the Toronto section of the HKCBA on June 11, 2010. |
Due to the China’s strong economy has spearheaded the overall economic recovery of the region recently. Hong Kong, as an international financial centre, is in the right spot to serve the Mainland and international markets, according to a senior financial official from Hong Kong.
Miss Au King-chi, the Permanent Secretary for Financial Services and the Treasury (Financial Services) of the Government of the Hong Kong ...
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LEARN TO SPEAK CHINESE:
Corporate Mandarin with Joanna
Participants will learn conversations under business and social situations such as greetings, introduction, shopping, business banquet, etc. You will also learn key cross-cultural issues when doing business with the Chinese. The official Romanization system will be used; Chinese characters are not required. We can also customized a course for your company.
For information, tel: 403-288-8377 or
email: info@CorporateMandarin.com
Website: www.CorporateMandarin.com
Energizing Investment
March 10, 2010
by Government of Alberta
Alberta has long been Canada’s “energy province.” With a wealth of energy resources yet to be tapped and a growing global demand for energy, Alberta continues to maintain its position as a secure and reliable energy supplier. Our province is among a top tier of jurisdictions that have the resource base, expertise, creativity and entrepreneurial spirit to serve the world’s increasing energy needs.....
SALES CHANNELS - OVERCOMING THE CHALLENGES OF DEVELOPING A NEW MARKET
March 4, 2010
by Canada Export Centre
In the last 2 years Canadian Exporters have relearned the lesson that having all our eggs in one export basket (i.e. the US) can be extraordinarily risky.
In our last message we compared the huge diversity of exporting destinations that Australia enjoys compared to those of Canada and concluded this was the largest contributing factor that sustained their strong economy during the global economic downturn.....
WHY ON EARTH WOULD WE DO BUSINESS WITH THE CHINESE?
February 8th, 2010
by Canada Export Centre
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Perhaps we should ask ourselves - Why would the Chinese want to do business with us and how working with China can profoundly improve your business?
Positive Increase in Number of Travellers from China to Canada
December 17, 2009
By Paul K.P. Wong
On December 16, 2009, the Honourable Diane Ablonczy, the Minister of State (Small Business and Tourism) celebrated the positive increase of Chinese travellers to Canada in her Ottawa office.
Today, the International Travel Survey released its report for October 2009 said that the travellers from China have increased by over 3% compared to October 2008. Ablonczy optimistically said, “The strength of the Chinese market is very positive news for Canada’s tourism industry. Full Article...
CHINA: WHY CANADIAN EXPORTERS NEED TO TAKE ACTION
December 9th, 2009
by Canada Export Centre
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Canadian exports to the middle kingdom stand at roughly one third of Australia’s. In terms of trade, China may be to Australia what the US is to Canada, but the Port of Vancouver is virtually the same distance to China’s eastern coastline as Australia is.
Meanwhile, on this side of the Pacific, what can Canadian exporters, so heavily reliant on the US market, reasonably expect from their US partners as they struggle to emerge from the current US economic downturn? Full Article...