H E A D L I N E
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A monthly-publication of the GTMA, the GTA HOTNEWS is designed to keep you current on the GTMA's initiatives, as well as promoting the economic development activities of our public and private sector partners.
SUBMIT NEWS! If you have an interesting news item, announcement or event that you would like to promote in the next edition of the GTA HOTNEWS, please contact Tony Romano, Director, Corporate Affairs at tromano@greatertoronto.org. Copy deadline for the September Edition is September 23.
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GTMA Foreign Direct Investment Initiatives
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Headline
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GTMA welcomes its newest Gold Partner: GE Capital Real Estate. The on-going support and participation of the private sector is essential to the success of the GTMA. We encourage you to consider using the products and services of the GTMA's corporate partners.
View complete listing of GTMA Partner's Resources and Services
| GE Capital Real Estate |
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“We are pleased to join GTMA as a corporate partner. GE Capital has a strong and long-standing presence in the Greater Toronto Area and our interests are aligned with GTMA in attracting new business opportunities into this region” said Katherine Lee, GE Capital, Managing Director and GTMA Honourary Board Co-chair.
GE Capital is one of the world’s largest providers of credit. For over 1 million businesses, large and small, GE Capital provides financing to purchase, lease and distribute equipment, as well as capital for real estate and corporate acquisitions, refinancings and restructurings. For the 100+ million global consumer customers, GE Capital offers credit cards, retail sales finance programs, home, car and personal loans and credit insurance.
Contact:
Katherine Lee
Managing Director
GE Real Estate
416-842-1721
katherine.lee@ge.com
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GTMA Foreign Direct Investment Initiatives
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French Newspaper Profiles Toronto and New Investment, Siradel
Each year, the GTA attracts over 100,000 immigrants and many new investments. In an article titled, "Toronto, centre du monde," the French daily economic newspaper "Les Echos" describes this phenomenon. They outline three main draws: the strategic location, a dynamic high-tech industry, and a high quality of life. In addition, Siradel, a French company that the GTMA helped attract to the GTA, is featured in the article. In January 2009, Siradel opened a new radio expertise and research center in Toronto. Yves Lostanlen, vice-president, explains the choice of Toronto vis-à-vis Boston, Chicago, Washington DC or Dallas, "The cosmopolitan city, the quality of its universities, the time zone and the fact that Canada has always been at the forefront of the telecom sector has led us to establish ourselves here. From this basis, we can cover all of our customers in North America while being close to the U.S. mainland while rethinking its entire phone system, "he says.
The timing of this article is great for Siradel, as they are excited to be a sponsor, exhibitor, session chair and presenter of 3 scientific papers at the IEEE APS-URSI symposium, from July 11-15, 2010 in Toronto.
Please find below a link to the article (in French)
http://www.lesechos.fr/info/enquete/020623956691-toronto-centre-du-monde.html.com
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Little Kickers Launches in the GTA with Toddler Soccer Programs
In 2002, Christine Stanschus established "Little Kickers', a soccer training program for children aged 18 months to seven years, in the UK. Since then, it has flourished into not only the UK's leading toddler soccer program, but also into an international success, with over 100 franchisees operating in the UK, Ireland, South Africa, Australia, and most recently, Canada.
In 2009, Little Kickers started to explore the option of expanding to Canada. Through Cheryl Donais of the Ontario International Marketing Centre in London, UK, the GTMA provided Little Kickers with an overview of the GTA as well as assisted with "Doing Business in Canada" issues, through our partner network. Little Kickers started offering classes in September 2009.
Little Kickers Canada has grown rapidly, now offering programs in Oakville, Etobicoke, Toronto, Beaches, Richmond Hill, Whitby, Oshawa and Barrie. When asked where he sees Little Kickers Canada in five years, Ryan Baker, Director of Coaching for LK Canada, responded, "we hope to be offering classes across Ontario through a network of franchisees that are as passionate about our business as we are. We will be expanding into the other provinces so that children from across Canada can get the positive and fun introduction to soccer that hundreds are already getting in and around the GTA in our first year in Canada."
To find out about Little Kickers classes in your area or to get more information about franchising, please contact Ryan Baker at 905-903-KIDS (5437) or email Little Kickers at info@littlekickers.ca.
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Ontario Technology Corridor at Windpower 2010 to Attract New/Expanding Alternative Energy Companies
Windpower 2010, one of the world's largest wind energy trade shows and conferences event, was the forum for the Greater Toronto Marketing Alliance's recent business sales trip. The show, which had more than 1300 exhibitors and 20,000 attendees, took place from May 22-26 in Dallas. Joe Kevens, manager, Business Development of the GTMA, participated in this Ontario Technology Corridor (OTC) initiative by targeting international and U.S.-based wind energy companies that have an interest in investing in the Greater Toronto Area. Through the OTC, the GTMA had 18 pre-qualified meetings at the show with potential investors. In addition, the GTMA helped secure an investment from Sinovel, China's largest manufacturer of wind turbines. They will start with a small sales office in Toronto. The GTMA would like to thank Rick Mohorovich of the Ontario Ministry of Economic Development and Trade (MEDT, as he was a valuable and helpful contact at Windpower. We also thank Catharine Gerhard, Business Development Officer for CTT, as she referred the GTMA to Sinovel, who has just invested in the GTA.
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GTMA Helps Secure a Wind Energy Investment in the GTA
Sinovel, the largest wind turbine manufacturer in China and the third largest in the world, based on market share, has opened a sales office in Toronto. For the Beijing-based company, this is their first foray into the Canadian market. They entered the US market in a similar fashion, by opening a sales office in Houston, Texas. Sinovel sees their new Toronto office as a "first step" into Canada. Going forward, they have said that they may consider building a manufacturing base in Ontario. Considering that Sinovel is expected to be the world's largest wind turbine manufacturer within the next five years, we may see them manufacturing in Ontario sooner rather than later.
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Ontario Technology Corridor at Intersolar, Munich 2010 to Attract New/Expanding Alternative Energy Companies
INTERSOLAR EUROPE 2010 -- Executives from the Ontario Technology Corridor attended Intersolar Europe 2010 in Munich, Germany to show solar and other alternative energy companies from around the world that Ontario is the best place in North America to expand or relocate their businesses. The Canadian province offers North America's most advanced green energy policies, targeted incentives and a generous feed-in tariff program. more…
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GTMA Announcements
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Kenneth Caplan and Associates Limited Becomes GTMA's Newest Alliance Member
Kenneth Caplan and Associates Limited is a Markham-based marketing and communications organization focused on corporate and public sector branding, strategic marketing initiatives and publication of New Knowledge for a New Economy featured in Canadian Business and Maclean’s magazines.
Our recent G20 Summit collaboration with the GTMA in the production of the “Key to Investment,” provided a unique solution to promote the GTA to the international press while our G20 publication Canada at the Summit in Maclean’s and Canadian Business branded the strategic partnerships of universities, colleges, municipalities and businesses as an "emerging economic ecosystem” for accelerated economic innovation across the country. more...
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VANTAGE Opportunity – Subscribe Today to Receive our Next Issue to be Released on Sept. 2010!
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GTMA Events
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GTMA ILBC Presents "Brazil Means Business!"
Toronto, June 2, 2010 -- Brazil and its sparkling economy should become a priority destination for Canadian exporters and investors seeking to expand their businesses.
That's the main message from a series of speakers' comments at the recent International Leaders Breakfast Club session, "Brazil Means Business!" organized by the Greater Toronto Marketing Alliance (GTMA) and the Brazil-Canada Chamber of Commerce (BCCC).
"The Brazil-Canada Chamber of Commerce is delighted to cooperate with the Greater Toronto Marketing Alliance to make this information session possible," says BCCC president, Mary Anderson. "Our goal is to showcase the range of business opportunities in Brazil for Canadian companies."
This coming fall, the GTMA will lead a sales trip to Sao Paolo and Rio de Janeiro - targeting sectors in Clean-tech (renewable energy), Digital Media, Infrastructure and Life Sciences. more…
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Minister Puptello Addresses Gala Dinner at GTMA Celebrity Golf Tournament: June 17, 2010
MPP Sandra Pupatello, Minister of Economic Development and Trade joined GTA economic leaders at an event hosted by the Greater Toronto Marketing Alliance (GTMA). The GTMA and its partners and colleagues: regional mayors, Ontario government representatives and business leaders, met at the Annual Celebrity Golf Tournament to develop relationships, and celebrate the successes the GTA has enjoyed over the past year.
As a leader in attracting Foreign Direct Investment to the GTA, the GTMA`s Golf Tournament is heralded as an opportunity to meet key economical players, and develop professional relationships. "The GTMA Celebrity Golf Tournament celebrates the collaboration of GTA communities, the private sector, colleges and universities, and other key stakeholders to ensure the economic prosperity of our region," said Lou Milrad, Chair and CEO of the GTMA. more…
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People in the GTA
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Frances Lankin Receives Honorary Degree from Seneca
Ms. Lankin's, President and CEO of the United Way of Greater Toronto and GMTA Honorary Board member, career has spanned the fields of child care, correctional services, trade unions, politics, public service and philanthropy. In recognition of her accomplishments and contributions, Seneca presented her with an honorary Bachelor of Applied Studies degree at Seneca College's convocation. more…
Fawn Annan Appointed to President and Group Publisher
Ms. Annan has been appointed President and Group Publisher for ITWorld Canada Inc. Fawn has been with ITWC for 15 years serving at various times as GM, for Executive Events, Marketing Director, Publisher of the Enterprise Division and VP Operations and Chief Strategist. Prior to her work at ITWC Fawn owned her own animation company and an events company which produced the Open Systems Shows in Canada. Fawn has been an innovator throughout her business career and will bring the same entrepreneurial flare to her new position as she has to her previous endeavours.
Getting Personal with Mayor David Miller: Pages From VANTAGE Greater Toronto Magazine
It's clear from the start of the interview that for Toronto Mayor David Miller, the personal and the political are often one in the same. Before talking formally about his political drive for public transit funding, he first tells a personal story about what happened during his morning subway ride. As he took out his Blackberry to check Twitter, he was cutely interrupted by one of his youngest constituents, a two-and-a-half-year-old girl in a stroller.
"She takes (the Blackberry) out of my hand, starts looking at it and starts answering the Tweets," he says. "It was so funny. So I may know technology but she knows technology at two-and-a-half." Miller has made a point of meshing the personal and the political during his two terms as mayor. He doesn't just talk public transit; he actually rides it quite regularly. It's the same with his push for environmental policies. He gives a speech touting greener environmental policies and later that night; scores of sleepy commuters eye him across a bus or subway aisle.
Even his crusade to build the city's BMO Field soccer stadium (and replace its artificial turf with grass) has personal roots: he's a super fan and season ticket holder of Toronto FC. "I go to the first game this year and it's grass (turf)," he says. You can imagine the fans. Hey mayor! You did it! We yelled at you for three years (to get grass) and you did it!' more...
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GTA Business Updates
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No DOOT ABOOT it – World's ICT at Home in the GTA: Pages from VANTAGE Greater Toronto
Despite a rocky year in 2009, there is no doubt that the ICT Industry in Canada is alive and well as it enters a fresh decade. The economic environment that developed in late 2008 and remained for much of 2009 resulted in a mix of opportunity and hardship for the Industry's leading firms. When all was said and done, and the data was tabulated for this year's Branham300 (a ranking of the top Canadian ICT companies based on gross revenues), the top 250 Canadian ICT companies combined to generate $71.32 billion in revenue in 2009, down six per cent compared to 2008, but up more than 40 per cent since 2003 (the first year Branham compiled its Top 250 Canadian ICT Companies listing).
When 2009 is looked back upon, it will be recognized as a transitional period for the Canadian ICT industry. For the first time in seven years, the Branham300 crowned a new number one company; Research In Motion capped off an impressive decade in which it produced double-digit revenue growth in all but one year to claim the title of Canada's leading ICT company. more…
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Toronto's "Cool Factor": Pages from VANTAGE Greater Toronto
It employs more than 150,000. It's Toronto's fastest-growing industry, with revenues between C$30 and $35 billion a year. It can weather recessions because other sectors rely on it. Information Communications Technology (ICT) has exploded onto the world market in recent years, and the city of Toronto is determined to make its mark on the ever-changing sector. Toronto is already host to the 3rd largest ICT sector in North America, after San Francisco and New York. And it has its sight on the number two spot.
In a recent report the city and the province of Ontario unveiled an aggressive plan for the sector: increase sales and employment by 20 per cent by the end of 2011, and become a competitor in the world's top five ICT regions. "The status quo is not an option," the report reads, "a commitment to positive change is needed to keep the region in the forefront." more…
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Toronto Pearson Recognized
Toronto Pearson International Airport, Canada's busiest airport, was honoured by airlines around the globe with the 2010 IATA Eagle Award for Most Improved Airport. Awarded by the International Air Transport Association (IATA), the global industry award recognizes the significant strides made by Toronto Pearson in its commitment to working with the air carrier industry. more…
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Miller Thomson Foundation Awards Scholarships
The Miller Thomson Foundation's National Scholarship Program is awarding $1,000 academic scholarships to 200 Canadian students, bringing its total contribution to $2.55 million in scholarship awards to 2,550 graduating high-school students since 1995. more…
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OPG Awarded IHSA Platinum Safety Award
Ontario Power Generation (OPG) is the first company in Ontario to receive the Zeroquest Platinum (Sustainability) Award from the Infrastructure Health and Safety Association (IHSA). The award recognizes OPG's efforts to sustain and improve its safety performance, safety management systems and safety culture. more…
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Canada Should be Front and Centre in Next Generation of Deal Making with India: PwC
Merger and acquisition activity between Canada and India has grown significantly during the last five years, but we are still lagging behind the U.S. by a notable margin. As the latest edition of the PricewaterhouseCoopers (PwC) Capital Markets Flash states, "India is arguably the world's most promising emerging market because of its structural strengths of a skilled young population, rising savings and investment rates, large unfilled domestic demand and globally competitive returns." more…
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City of Vaughan Welcomes Delegation
A delegation from Zibo, China was welcomed to the City of Vaughan by Mayor Linda Jackson and Members of Council. This is the second time in less than a year that a delegation from Zibo has visited Vaughan to pursue business opportunities. more…
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New Openings in Mississauga
Festo Canada Inc., TST Overland Express, AVW-TELAV Audio Visual Solutions, First gulf Corporation & Golder Associates Ltd. and Baxter Corporation
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Back to Top
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Upcoming Events...
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| In the GTA |
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Eitesal – July 7 - 10
The purpose of this visit is to develop the Canadian Egyptian business relationship in the ICT sector. The visit is part of a plan set in a signed MOU between Eitesal and ITAC (Information Technology Association of Canada) to cooperate together to help our member companies do business together For the mutual benefit of both parties. ITAC and Eitesal have set a target to reach a break through trade figure of $ 50 m and a $ 100 m investment levels by the year 2012. more…
The Entrepreneurs & Business Leaders Mastermind Summit – September 23
The City of Toronto has been selected to host The 2010 Entrepreneurs Business Leaders Mastermind Summit. This exciting one day event will feature a remarkable gathering of business leaders, entrepreneurs and difference makers! Presented by The Power Within. more…
Technicity – September 30
Toronto and the Greater Toronto Area ICT cluster, comes together for a celebration of technology as an engine of economic growth at the Allstream Centre at Exhibition Place in downtown Toronto. Technicity will bring together technology leaders, entrepreneurs, investors, and representatives of the region's economic development agencies for a day of panel discussions, displays, and an evening to remember, to celebrate, to brainstorm, network and create economic opportunity. more…
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| International |
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India International Garment Fair – July 12 - 14
Over the years, the India International Garment Fair has become the ultimate destination for all international buyers in the apparel industry. The highly acclaimed fair brings together the best, latest and widest collection of garments, the best accessories, the savviest exporters and designers who are one step ahead of international trends and are ready to fulfill the needs of buyers who value quality, competitive pricing, timelines and impeccable finishes. more…
5th Summit-Vibrant Gujarat – Jan 12 -13, 2011
The event is aimed at bringing together business leaders, investors, corporations, thought leaders, policy and opinion makers under the same roof. The Summit serves as a perfect platform to understand and explore business opportunities in the State of Gujarat. more…
19th International Engineering and Technology Fair – Feb 10 -12, 2011
IETF (International Engineering & Technology Fair), organised biennially since 1975, is the flagship event of the Confederation of Indian Industry (CII). The forthcoming fair - the 19th IETF 2011, is structured as a comprehensive B2B event, segmented into well-defined technological sections of the engineering & manufacturing industry. These sections are branded and represented by concurrent focused business fairs. more…
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Foreign Business BIDS and TENDERS Opportunities
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Global Tender Notice CO CONTS/0022P/M-I/BWE/2010
The Neyveli Lignite Corporation Limited, Neyveli invites sealed bids (one original and six identical copies) for "design, manufacture, fabrication, supply and assembly/erection, movement to mines, commissioning, testing and handing over of all mechanical, structural and electrical components of 1 No. 700 litre bucket wheel excavator complete on turnkey basis for Mine-1, maintenance of the equipment till successful completion of Take Over Test (TOT), maintenance during warranty period and maintenance for three years after warranty period" as per the details given below:
Cost of tender document: USD 670
Bid Guarantee Amount: USD 3,81,000
For any further information, please contact:
The Office of the Executive Director/Planning & Contracts
Neyveli Lignite Corporation Limited
Corporate Office
P.O. Neyveli-607801
Cuddalore Dist., Tamil Nadu, India
Tel: 91-4142-252215/252210
Fax: 91-4142-252026/252645
Email: ed.pc@nlcindia.com
The last date for submission of tender is 14 July, 2010 at 1430 hrs (IST) and the tender will be opened on the same day at 1500 hrs (IST).
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Global Tender Notice EO/1015/RR/GTE/201001/LPS
The General Manager, Ordnance Equipment factory, Kanpur invites sealed bid from reputed manufacturers for the "Supply of Press Type Hydraulic Embossing Machine" as per the details given below:
Cost of tender document: INR 1000
Earnest money Deposit: INR 200000
Complete details of the tender and tender documents are available on website www.tenders.gov.in
For any further information, please contact:
The Office of the General Manager
Government of India
Ministry of Defence
Ordnance Equipment Factory
Kanpur-208001, India
Tel: 91-512-2311181-85
Fax: 91-512-2311186
Email: oefc.of@nic.in
The last date for submission of tender is 23 July, 2010 at 1230 hrs (IST) and the tender will be opened on the same day at 1430 hrs (IST).
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Global Tender Notice HAL/HD/PUR/1M/3651
The Hindustan Aeronautic Limited, Hyderabad invites tenders from prospective vendors and manufacturers for “Rate Table with Thermal Chamber” as per details below:
Earnest Money Deposit (EMD): USD 6000.00
Quantity: 6 Nos.
Complete details of the tender and tender documents are available on website www.hal-india.com
For any further information, please contact the Hindustan Aeronautics Limited, Avionics Division (A Govt. Of India Undertaking), P.O. Hal Township, Hyderabad-500042, A.P, India at (Tel: 91-40-23777584/23878998; Fax: 91-40-23878389)
The last date for submission of tender is 10 August, 2010 at 1630 hrs (IST) and the tender will be opened on 11 August, 2010 at 1000 hrs (IST).
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Benefits of Private Sector Partnership with the GTMA
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We believe in building strong partnerships
In order to succeed in our efforts to generate economic development, we work hard to build strong partnerships with the private sector which are of mutual benefit:
What we can offer your company
- Access to new business: we provide trigger point of access to companies as they first enter the North American market.
- Monthly events: we can offer access to decision makers in public, private, education and consular sectors through sponsorship of our sold out (120+ attendees) International Leadership Breakfast Club (ILBC).
- Special tailored events: the higher partnership levels will provide an additional speaking platform to promote your company's thought leadership programs.
- Flexibility: as a growing organization, we will work with you to build partnership programs of mutual benefit.
- Networking: As a partner, you will be able to build business connections with other GTMA partners.
What your company offers the GTMA
- Thought leadership: your depth of research on economic development issues, particularly in current economic conditions, would be of great value to our community.
- Introductions to the GTMA: Your network could introduce us to companies in our key markets that might want to establish a footprint in the GTA to serve you better and access NAFTA.
- Value proposition to investors: your leadership brings great value to the investment table in attracting investment and new business to the GTA.
The on-going support and participation of the private sector is essential to the success of the GTMA. We encourage you to consider using the products and services of the GTMA's corporate partners.
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REMINDER: Online GTMA Alliance Membership
If you are new to the GTMA and wish to be more actively involved, we have introduced a one-year entry level membership which will provide an opportunity during your first year to learn more about the organization and meet its key partners and stakeholders, as well as, received additional benefits through a pre-paid subscription to various GTMA local networking events. The membership cost is $1,000 and includes:
- Free Annual Participation in ten International Leadership Breakfast Club Events ($250)
- Free Participation in GTMA's Fall and Spring Luncheons ($180)
- Free Participation in the Branham 300 Report Launch ($75)
- Promotional Banner on GTMA's Website ($250)
- Listing in Resource Guide
- Annual Certificate of Membership
- 10% Discounts on all GTMA Events, Missions and Related Programs
- Use of GTMA Logo on Corporate Materials
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