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Israel Canada Chamber of
Commerce Newsletter
Issue
No. 13,
August 2005
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What’s New |
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“Doing Business in
Canada” Seminar
The Chamber held a seminar entitled “Doing Business in Canada “. Some of the seminars presentations and pictures can be seen on the Chamber’s web site.
Canadian
missions to Israel Latest
visitors · 20 members of Parliament from various parties visited Israel on July 5-12 · At the end of July activists from the Canadian Conservative party in opposition visited Israel ·
In mid-August a group of 47 Canadian Evangelicals from “First Nation
visited Israel Planned
visits (some of these visits are still uncertain) · August 28 to September 4: senior activists of the ruling Liberal party · September 4th to September 12th a combined mission of young Jewish activists & members of Parliament · September 14 to September 18: the Premiers of Manitoba and Ontario may visit · September 18 to September 22: the Minister of Health of Québec · September 11 to September 18: the yearly convention of the chief editors of CanWest Network · September 15 to September 29: the hands of Canadian medical centers Meetings
between Israel jewelry firms with Canadian jewelry buyers The Chamber of Commerce is organizing meetings between Israeli jewelry firms and Canadian jewelry buyers. The meetings will take place in Toronto and Montréal at the end of October in the beginning of November
Organizing
a mission of Canadian business people to visit Israel The chamber of commerce is helping to organize a mission of Canadian business people to participate in the 2005 Prime Minister’s conference for export and international cooperation
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From the
desk of our Economic Attaché in Canada: Ephraim Shoham |
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Seminar in Toronto on
the subject of investments in Israel
On June 29 a seminar was held in Toronto on the subject of investments in Israel. Approximately 60 participants were present. The participants included businesspeople, entrepreneurs, financial people, bankers, investment companies, lawyers etc.
Conference
of Israeli businessmen in Toronto On September 22 we are holding a conference in Toronto for Israelis who lived in Canada and connected to business, industry, investments, trade, research and development and technology with the aim of encouraging increase Israeli exports to Canada. The aim is to encourage common projects and Canadian investments in Israel. Israeli businessmen in Canada interested in participating are inflated to contact the office is of Israel’s Economic Mission in Toronto. The telephone is 416 – 640 -- 8540
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Embassy of Israel – Events Roundup |
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Israeli Cinema month in Canada’s Capital 5-26th of June The Film ‘Turn Left at the End of the World’ opened the Israeli cinema month in Ottawa June 5th, with a crowd of over 300 people at the National Library of Canada. The film was accepted with enthusiasm and drew applause from the audience well after the screening. Diplomats, members of Parliament and other dignitaries were also in attendance. The movie is one of six Israeli films that will be screened from the 5th to the 26th of June. The Festival was also covered in the local media.
Ambassador visit to Nova Scotia May 26th – May 30th Ambassador Alan Baker visited Nova Scotia and met with the mayor of Halifax toured Pier 21 and spoke before the Jewish community of Nova Scotia.
Ambassador
Baker speaks before a Gala dinner for the Theatre group Gesher Toronto, May 31st Ambassador Baker welcomed acclaimed Israeli theatre group Gesher in their Gala dinner in Toronto. The group performed in Toronto before a sellout crowd.
4.
Ambassador greets war veterans in Ottawa June 1st Ambassador Baker thanked a group of Jewish World War II veterans in an event at Agudath Israel synagogue in Ottawa.
Presentation
on Israeli economic activity in Canada and business opportunities June 5th
– 8th . Ambassador
Baker attended the Israel Heads of Missions conference in Los Angeles. In the
conference Ambassador Baker gave a PowerPoint presentation and attended a
Q&A session on Israeli economic activity in Canada, the Canadian economy
and business opportunities for Israeli companies. Ambassador Baker also
outlined the Embassy of Israel economic activities.
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From the Press Courtesy of “Yifat” |
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$
1 million of exports to Canada by Barkan Frames The Barkan Company which manufactures frames for television screens and electronic consumer goods signed an agreement with Soros the Canadian electronics store chain (previously Radio Shack). The chain numbers 500 stores.
P. N.M. Information Systems which specializes in the development of programs for process and information management received a business process management project from the Canadian SwiftTrade company. The project is worth a half a million shekels (Daily Maily August 2)
Bank
HaMizrahi. purchased a risk management system from the Canadian company
Algorithmics The new system contains an integrated platform that combines market risks, assets and obligations, as well as the liquidity risks of the Bank, by utilizing the most advanced tools available. (Globes July 26)
Interview
with Advocat Yehuda Raveh, President of the Israel Canadian Chamber of
Commerce – given to the Jerusalem Post In
the interview he stated that Israeli investments in Canada continue to
flourish. Israeli investments
doing the last four years have exceeded for billion dollars. Canadian
investments in Israel also continue apace and recently the Canadian Phosphate
Company invested $ 330 million in the Israel Chemical Company. In addition there is growing
cooperation between the aircraft industries of both countries. For the full interview press here. (Jerusalem
Post July 19) Canadian risk capital funds are expected to invest $ 100 million in Israeli risk capital funds. This is the appraisal of a Ephraim Shoham the economic attaché of Israel in Canada (Globes July 13)
James Cameron the Hollywood producer of the Titanic intends to cooperate with the Canadian branch of the Israeli company Gravity. Cameron is one of the pioneers of three-dimensional special effects, the area of expertise of gravity (Globes July 12)
Tel Aviv University and Manitoba University have come out with the cooperative program to prepare students for international business entrepreneurship. Supporting the program is the Canadian Jewish millionaire Jerry Schwartzs who contributed $ 500,000 to the project (Globes July 12)
Air Canada celebrates a decade of operations in Israel. The company’s director in Israel Ms. Ruth Ben-Zur notes that the profitability of the Tel Aviv-Toronto line has improved over the past year. Similarly she notes that many Israelis flew to Canada this year for two to three weeks vacations in the Canadian Rockies (the marker July 8)
Air
Canada is increasing the efficiency of its passenger transfer process for
passengers who are continuing on to the United States. Air Canada passengers who are making connecting flights from Toronto using Air Canada, JAZZ, United Airlines or Air Alliance will be taken in a special bus to terminal two where they will be checked by Canadian immigration and customs officials will receive their baggage and will pass through American customs and immigration checks.
Real Estate
Industrial building company controlled by Eliezer Fishman is conducting negotiations to sell a commercial center for a 68 million shekels profit before tax. The property is located in CITYPLACE commercial center in Winnipeg (Globes July 21)
Delek International will rent six floors of office space in Montréal to the American insurance giant AON for 3 million Canadian dollars per year. Delek concluded 2004 with a clear profit of 124 million shekels. The company is managed by Ilik Rozinski (Globes July 20)
Africa Israel will sell a 10 floor residential apartment building (232 units) in Toronto for a profit of 18 million shekels. (Globes July 1)
The
Amot Investment Company purchased two logistics centers in Montréal. Both centers are rented for 20 years
(Globes, June 28) |
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Chamber. The
Israel-Canada Chamber of Commerce, Editing and
Translation by courtesy of the Ziv Group
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