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Contents From the Desk of the Commercial Attaché in Canada Israeli Embassy Activities in Ottawa Edited
by Amos Cohen |
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WHATS NEW
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The Chamber’s New
Representative in Canada: The Chamber has reached
an agreement with Mr. Jack (Yaacov) Kincler of Montréal to represent the
Chamber in Canada. Jack is a
former Israeli with business experience and a substantial network of contacts.
We are hopeful that Jack’s activities will significantly improve the ability
of the Chamber to assist Israeli companies in making business contacts in
Canada. You may contact
Jack directly (in English or Hebrew) at Jack@israel-canada.org. For additional
information press here. Minister Olmert’s Visit to Canada
(provided by Ephraim Shoham commercial attaché) Deputy
Prime Minister and Minister of Industry and Trade, Mr. Ehud Olmert visited
Canada The signing, in Ottawa, of the renewal of the Canadian-Israel
Research and Development Fund CIIRDF. The signing of an agreement to create an Israel-Ontario
Research and Development Fund that would operate under the auspices of
CIIRDF. The Minister’s visit
expedited the preparation and si In a meeting with the
Canadian Foreign Minister, The honourable Mr. The Canadian Minister of Industry, Mr. Emerson, agreed to a suggestion made by Mr. Olmert and will appoint a team to investigate how to simplify and formulate the procedures for the export of delicatessen meats from Israel to Canada. Other issues dealt
with by Minister Olmert during his visit were: ·
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Guest of honor at an event celebrating the release of
the book “Israel in the World” attended by 200 prominent guests representing
various segments of the public service in Toronto.
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FROM THE DESK OF COMMERCIAL ATTACHE
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Canadian Venture Capital Seminar The Israel Economic Mission, in collaboration with Heenan Blaikie LLB and Senvest Partners, is organizing a one-day Israel Venture Capital conference to take place in Montreal, June 22, 2005. This will be the first time that the Israeli venture capital community will be formally hosted in Montreal, and introduced to their counterparts and other institutional investors in Quebec. This will facilitate a discussion on the trends in public and private equity, and will provide for business development including the raising of funds and creation of alliances between their portfolio companies. We will also share some North American successful experiences such as: The CDP investment in the Genesis Fund, RBC investment in Tamir Fishman and Senvest Partners Hedge Fund dedicated to Israeli equity. The Christian Businessmen’s Mission A Trade
Mission to Israel of a delegation of Canadian Christian businessmen in
conjunction with the Canadian Christian Chamber of Commerce www.iccc-canada.com is being planned
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FROM THE CANADIAN PRESS |
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Business connections with Egypt (CanadaExport Online) Toronto and Montreal — May 28-June 3 — The Canada-Arab Business Council (CABC) will host an incoming trade and investment mission of Egyptian businessmen to Toronto and Montreal, organized by the Canada Egypt Business Council (CEBC). Dr. Ziad Bahaa El Din, the Egyptian Chairman of the Investment Authority & Free Zones, will lead the mission, and officials from Egypt’s Ministries of Petroleum, Tourism and Foreign Affairs, as well as the Chairman of the National Bank of Egypt, will be participating Savour Canada
2005 in Egypt (CanadaExport Online) ·
A major reception tailored
around Canadian food and beverages will be held in Cairo on June 20, 2005,
for VIP contacts in the food and tourism industries. We are planning to have
a Canadian chef for this occasion and expect over 350 key Egyptian government
and private sector contacts specialized in the food and tourism industries to
attend. ·
A week where Canadian
delicatessen foods will be served at the prestigious Four Seasons Hotel at the
Nile Plaza. |
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Righteous of
the Nations ceremony at the Ambassador’s residence 17.4.2005 A Condolences book was opened at the Embassy of
Israel in memory of former President Weizman 26-28.4.2005 Ambassador Baker
participated in the opening of the Anne Frank exhibition in Ottawa 17.4.2005 Canadian
Institute for Jewish Research Montreal April
10th CANSEC-
Canadian Defense and security exhibition 14-15.4.2005
Knesset-Christian
friendship group visit 14-15.4.2005
Knesset
members from the Constitution and Justice committee will arrive in Ottawa for a study tour on
constitutional matters. They will attend a joint session of their committee
with the Canadian House of Commons Justice committee, visit the Supreme
Court. A special experts’ seminar on the Canadian constitution and examples
for a future Israeli constitution will be also held at the University of
Ottawa. |
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FROM THE ISRAELI PRESS
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The Israeli firm Yishal
has entered into preliminary negotiations to purchase control of the Hy and
Zels 18 store pharmacy chain in the Toronto area. The chain sells medicines,
food and cosmetics (Maariv, April 27) Visall Defense (of the Emblazer Group) which supplies video
security applications and visual control systems on landline and wireless IP
Networks signed a contract with BSSI-Bell Security Solutions the security
company of the giant Canadian communications company Bell Canada
totaling 35 million Canadian dollars. (Globes April 21) Nice Systems has announced that it has won a contract with the
Canadian company NVA which supplies civil air navigation services in
Canada. Nice will supply
advanced Air Traffic Control solutions for managing Canadian air transport.
The contract was signed following the successful installation of Nice ATC
systems at 70 locations of NVA in Canada. The contract is worth 2.8 million dollars. (Globes, April 20) Contex,
which deals in building technologies, has developed a special crane used for
elevating building materials and equipment and inserting them into the
specified floor of buildings under construction. The company’s representative
in Canada has purchased one crane in order to expedite the process of
acceptance in the Canadian market (Globes, April 18) Former Israeli Boaz
Manor, founding partner of the hedge fund Forest Alternative Management,
fled Canada to Israel several days before his interrogation regarding the loss of 750
million Canadian dollars of investments. Toronto Supreme Court Judge Colin Campbell summoned Manor
to return immediately for interrogation (Globes April 11) A Canadian Firm, in cooperation with Israeli
partners, is conducting negotiations with B. Yair (chairman of the Jerusalem
Contractors’ Association) to purchase the Pisgat Ze’ev shopping center in
Jerusalem for 40 million dollars. (Globes, April 7) “The Israeli Channel”
has begun to broadcast in Canada.
The channel is part of the Ethnic Channel Group which produces local
programs for it.
By Canadian law the channel must broadcast programs with 15% local
content. (Globes, March 29) The company Malibu Sheraton Israel has announced the signing of a memorandum of
understanding for cooperation with Ontario Canada, owned by Yoav
Igra. The agreement concludes
the family and business dispute surrounding the ownership of the Rhodes Hotel
in Eilat (Globes, March 23) The Yisralom Holding
Company will sell its part in an office building in Montreal. The company is expected to earn 10
million shekels before tax from the deal (Globes, March 21) |
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The Canadian government is
rated the best in the world for online services for the fourth year in a
row. The rating is performed by Accenture (a consulting firm with a yearly turnover of 12
billion dollars) which analyzes the online services of 22 countries. Canada received a grade of 80 before
the United States and Singapore (67), Australia, Sweden, Finland and Denmark
(58), Holland and England (55), Belgium, Ireland and Japan (51), Germany
(50), Norway and Spain (49). The online information
services of the Canadian Government were installed and are maintained by PWGSC (Public Works
and Government Services Canada), an organization composed of 13,000 people
which supplies services to Canadian Government bodies in various areas. In contrast to Israeli Government
sites which stress the activities and services of a given office the
Canadians organize their information according to segments that interest
the web surfer and every aspect of the site is organized according to this
principle. The information is
organized with three target groups in mind: Canadians, non-Canadians and
Canadian businesses. |
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Your opinion is important to us. Comments and suggestions are
welcome. You are invited to pass this Newsletter onto
whomever you think might benefit from it. To subscribe or to unsubscribe from the Newsletter
please notify Chamber Mail. To advertise in the Newsletter please contact the Chamber. The
Israel-Canada Chamber of
Commerce, 32 Ben Yehuda Street, El-Al Building,
room 1104, Tel Aviv 63805, Tel: 972-3-6202544,
Fax: 972-3-6202513, email: info@israel-canada.org
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