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 June Edition is June 24.
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GTMA Foreign Direct Investment Initiatives
GTMA Announcements
GTA News
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Upcoming Events
People News
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GTMA Foreign Direct Investment Initiatives
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Ontario Technology Corridor at WINDPOWER 2010 to Attract New/ Expanding Alternative Energy Companies
$7-billion Ontario renewable energy project will be largest of its kind in the world
Dallas, TX – WINDPOWER 2010 – May 25, 2010 - Executives from the Ontario Technology Corridor are attending WINDPOWER 2010 in Dallas to show wind 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 targeted alternative energy and clean technology incentives, a deep talent pool, and strong and stable economy.
“For the wind industry, our most compelling attraction is the Ontario Power Authority’s feed-in tariff, or FIT Program. It features North America’s first comprehensive guaranteed pricing structure for renewable electricity production, offering stable prices under long-term contracts for on-shore and off-shore wind, solar photovoltaic, biomass, biogas, landfill gas, and waterpower energy,” said Heather Pilot, Director, Business Development, with the London Economic Development Corporation, an Ontario Technology Corridor partner. more…
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Post MRO (Maintenance, Repair, Overhaul) & NVP (Network Vehicle Program) – May 3
The 15th Annual MRO Conference & Exhibition, the premier event for the commercial aviation, repair and overhaul industry took place in Phoenix followed by the Mobile Apps on Wheels in Palo Alto, the executive event of the networked vehicle ecosystems, these were backdrops to the Greater Toronto Marketing Alliance's recent business sales trip to Arizona and California. The 10-day business trip first focused on targeting international and U.S.-based MRO companies, selling them on Greater Toronto Area's value proposition. Secondly, it explored with international industry experts opportunities in the up-coming eco-friendly connected automotive sector. more...
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GTMA Announcements
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Minister Puptello to address Gala Dinner at
GTMA Celebrity Golf Tournament: June 17, 2010
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Only 2 Days Away! GTMA ILBC Presents “Brazil Means Business!”
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GTMA Holds 12th Annual General Meeting
Greater Toronto Marketing Alliance 12th Annual General Meeting – Collaborative Approach
The GTMA held its 2010 Annual General Meeting on May 21, 2010, at the Ontario Investment and Trade Centre in Toronto.
The meeting was open to all GTMA members and public. Highlights of the meeting include:
• The unveiling of two new sectoral groups: Energy and Transportation & Infrastructure
• Introduction of and International Marketing Services Agreement
• Release of the GTMA’s 2009 Annual Report
Many thanks to everyone who participated in our annual general meeting. view news release
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GTMA Sees Digital Media As a Key Sector in Attracting Direct Foreign Investment
International Leaders Breakfast Club - May 21
The Greater Toronto Area has an “incredible opportunity” to become a world-leading centre for the digital media industry, says the technology leader of an Academy Award-winning animation and visual effects company.
Paul Salvini, Chief Technology Officer and Vice President of Canadian Operations at Side Effects Software, remarked that the GTA’s advantages in the digital media industry can strengthen the entire regional economy if business, government and educational institutions work in cooperation to promote it.
Side Effects Software - created Houdini: a 3D animation package used in over 250 feature films including the Spiderman, Harry Potter and Matrix series.
Dr. Salvini gave a presentation on
“Toronto Region - Animation Powerhouse: What Does it Take to Compete?”
How Does Digital Media Affects Us All?
- • A Call to Action for Schools, Government and Industry
- • Building a Leadership Capacity in the GTA
view news release
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GTMA Welcomes its Newest Partner
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GTMA welcomes its newest Silver Partner: Devencore Realties Corporation Canada Limited, Brokerage. 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
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| Devencore Realties Corporation Canada Limited, Brokerage |
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Devencore is Canada’s largest corporate real estate advisor and brokerage exclusively representing corporate, industrial and retail space users. Devencore offers comprehensive services, which include delivery models, individually designed to ensure executive real estate decisions are supported by effective strategies and professional execution. A privately-held company, Devencore has its primary offices in Montreal, Ottawa, Toronto and Vancouver.
Contact:
aschaffer@devencorenkf.com
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GTA News
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If You’re Talking Nuclear, You’re talking … GTA
(an excerpt from Q1 2010 Issue of VANTAGE)
Around the world, an industry that grew quickly and then went dormant for 30 years is making a comeback.
Yes, we’re talking nuclear power, and it’s entering a global renaissance that will likely see the construction of more than 400 new plants in the coming years.
These plants will be built in developed nuclear nations as replacements to original plant that has come to the end of its operating life. New constructions will be built in developing nations such as China, India, and Brazil to ease their tremendous thirst for electricity. They will also be built in a diverse range of smaller states such as the United Arab Emirates, Nigeria, and Lithuania that are seeking energy security and sustainability. Ontario is itself planning two new reactors to be added to the Darlington site just east of Toronto on Lake Ontario. more…
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Greg Wiebe, Managing Partner, KPMG, Tax Division discuss Competitive Alternatives Special Focus on Tax on BNN
When it comes to tax competitiveness and business costs, Canada is surprisingly competitive, according to a new study by KPMG. Canada beats out all of the G7 countries and is second only to Mexico. Greg Wiebe explains. Watch VIDEO on BNN Source: BNN Television
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Sustainable Energy Innovation at UOIT
(an excerpt from Q1 2010 Issue of VANTAGE)
The University of Ontario Institute of Technology (UOIT) was created by legislative act in 2002. The first students were accepted into programs in 2003. The undergraduate numbers have grown from about 900 undergraduates to over 6000 currently; the graduate program numbers have grown from zero to over 300. UOIT has won recognition for its unique programs, collaborative research and research funding, and positive student experiences all within the parameters of a technology-intensive orientation in all of its faculties.
Energy awareness, conservation, the environment and programs were part of the initial vision of UOIT at its very inception and continue to play a central role. Green roofs and metal-oxide coated glass are the most visible of its structural environmental attributes, however underlying that is a geothermal heating and cooling system, Canada’s largest and the second largest in North America. If laid end to end, the piping required to supply heat from the thermal wells would run from the north Oshawa campus to Toronto Pearson International Airport – approximately 80 kilometres. more…
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Message From the Minister of Industry
Improving Canada’s Digital Advantage: Strategies for Sustainable Prosperity
The Government of Canada is focused on building a stronger and more competitive Canadian economy. Understanding the important role that digital content and technologies will play in Canada’s future, our government committed to developing a national digital economy strategy in Budget 2010 and the Speech from the Throne. A more prosperous and successful Canada will ensure a better quality of life for all Canadians. more...
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A Message From Sandra Pupatello, Minister of Economic Development and Trade, Ontario
Ontario is Open for Business - Running a business just got easier.
We asked. You spoke. We listened. Yesterday, I presented our new Open for Business Act to the Ontario Legislature. This bill will make it easier and less costly for companies in all sectors to do business in Ontario, while at the same time protecting the environment and the public interest.
Please take the time to read the attached news report on our OFB legislation from the Toronto Star and go to our website to see what we’re doing. The Ontario government aims to reduce the regulatory and compliance burden for business by 25% by March 2011, so there’s more work to be done. I welcome your input.
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Brampton Welcomes IT Weapons Head Officer
IT Weapons, listed as one of Canada’s Top Technology Companies on the 2010 Branham 300, has opened their new 36,000 square foot Head Office in Brampton. This facility is approximately six times larger than their previous location and allows them to operate a state-of-the-art highly secure Data Centre while provide a comprehensive suite of managed services for over 6,000 users in small businesses and large enterprises across North America. more...
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Town of Caledon Reaching International Markets with the GTMA
The Town of Caledon's reputation as "the natural course of business" continues to extend well-beyond Canadian borders.
For the past 11 years, the Town has been a member of the Greater Toronto Marketing Alliance (GTMA) . In recognizing the benefits from the joint venture activities and programs of the GTMA, Caledon Council recently approved continuing the Town's membership and the formalization of an International Marketing Services Agreement.
As a member, Caledon benefits from the GTMA's international marketing and promotion programs. Additionally, the GTMA acts as the primary contact for foreign business delegations and tours to the Greater Toronto Area (GTA), provides access to sector-specific research reports, and offers opportunities for networking and professional development.
"As with the other municipal partners, Caledon endorses the principle that the Greater Toronto Area is a globally-recognized destination," noted Mayor Marolyn Morrison. "Working as a partner in the Greater Toronto Marketing Alliance gives Caledon a stronger voice and presence in attracting foreign direct investment."
The GTMA was founded in 1997 for the specific purpose of enhancing the international marketing of the GTA. The GTMA, a not-for-profit corporation, serves as the key point of contact for foreign businesses exploring location opportunities in the GTA.
Caledon's membership aligns with the 2008-2012 Caledon Economic Development Strategy of engaging in business attraction programs designed to encourage investment in key target sectors and clusters.
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Canada’s Software CEOs Predict Strong Year of Growth: PwC Survey
Despite lack of venture capital and U.S. economic woes, companies increased revenues in 2009 and are poised for more M&A activity — Surviving ahead of expectations from last year’s recession, CEOs of Canadian emerging software companies are very optimistic about the year ahead. This is according to a PricewaterhouseCoopers (PwC) 2010 report on Emerging Canadian Software Companies: The CEO Perspective, which shows that close to 60% of respondents are expecting at least 25% growth in 2010. more…
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Competitive Alternatives 2010 – Special Report: Focus on Tax
A detailed study of tax costs in 95 cities in 10 countries around the world has shown a huge variation in the tax burden borne by business. Competitive Alternatives 2010 – Special Report: Focus on Tax looks at taxes paid by businesses across Australia, Canada, France, Germany, Italy, Japan, Mexico, the Netherlands, the UK and the US. view report
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Richard Florida: Toronto Could Use a Good Civic Crisis
Toronto and its extended region need to grow. Our mega-region, which spans Montreal to Waterloo and across the border to Buffalo and Rochester, is home to 22 million people and generates $530 billion in economic output. But we are dwarfed by the truly gargantuan mega-regions surrounding New York and Chicago, which each produce roughly $2 trillion in economic output annually. Bigger cities and bigger mega-regions have faster metabolisms and bigger markets, and they are more innovative. Greater Toronto has to increase its size and scale fast. But adding more people — even 2 million people by 2031, as the Greater Toronto Marketing Alliance anticipates — will not be enough. We have to borrow size by expanding our borders. more…
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Outstanding Brampton Businesses Recognized
The City of Brampton’s Economic Development Office and the Brampton Board of Trade honoured local businesses at the 14th annual Brampton Outstanding Business Achievement Awards. more…
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Best Places to Live in Canada
According to MoneySense Magazine’s recently released Best Places to Live national survey, both the City of Burlington (ranking 3 out of 179 Canadian cities and towns), and the Town of Newmarket (ranking 15 out of 179 Canadian cities and towns), are two of Canada’s most desirable residential communities.
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Richmond Hill Strengthens Business Ties in China
Town of Richmond Hill Mayor Dave Barrow helps strengthen relations with both Richmond Hill and Chinese businesses along with Chinese government officials at two key events as part of a trade mission to China that he is currently on. more...
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Vaughan Signs Letter of Intent Seeking Business Relationship with Shanghai Changning District, China
The City of Vaughan signed a Letter of Intent with Changning District while in Shanghai, China during the Confederation of Greater Toronto Chinese Business Association’s China Business Mission 2010. The purpose of the letter is to explore the development of a business relationship between the two cities. more...
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People News
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| Patrick Draper |
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Toronto Region Research Alliance Appoints Patrick Draper New President
Veteran Economic Development Executive to Lead Regional Investment Attraction Agency
Courtney Pratt, Chairman of the Toronto Region Research Alliance (TRRA), announces the appointment of Patrick Draper as President and Chief Executive Officer, effective May 25, 2010. TRRA is a regional economic development organization focused on attracting research-intensive investment to the Toronto Region.
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Upcoming Events
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Investment and Business Opportunities for Canadian Companies in Western Australia – June 8
Calgary Economic Development (CED) invites you to a luncheon seminar to address the key challenges and opportunities Canadian firms have when growing their business in Perth and Western Australia.
ith a growth rate continually above the national average, Perth is the major centre for the energy and resources industry for the Asia Pacific region. Western Australia is one of the most productive and diversified mineral and petroleum centres in the world, providing many opportunities for Calgary firms. To capitalize on these opportunities, World Energy City Partners, Calgary Economic Development, Halifax and St. John's, in conjunction with Austrade will lead a business mission to Western Australia from October 27-29, 2010. more…
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EXA International-Italian Sporting Arms to Toronto – June 12-13
The Italian chamber of commerce of Ontario announces the upcoming EXA international trade show in June. The show will highlight some of Italy’s finest sporting arms manufacturers from the area of Brescia in the region of Lombardy in northern Italy. For those interested in potential business opportunities, the Italian Chamber of Commerce of Ontario will facilitate a scheduled meeting with participants on your behalf. To set up a meeting, or for additional information, please contact Business Development Director Rita Molinari at 416-789-7169, ext. 30, or molinari@italchambers.com. more...
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nextMEDIA Banff – June 13-16
GTMA Partners with Nextmedia Banff, Canada's Premier Digital Media Trending And Technology Conference.
The Greater Toronto Marketing Alliance will be helping to further promote digital innovation and technology by working with nextMEDIA Banff taking place this summer from June 13-16. Attendees of nextMEDIA will have the opportunity to meet with, learn from and make highly lucrative deals with top representatives from all areas of digital media. Speakers from companies such as TiVO, NBC Universal, Revision3, Deloitte, Polar Mobile, Rogers Media, OgilvyEntertainment, OgilvyOne Worldwide Toronto, Warner Premiere, Crispin Porter + Bogusky and Astral Media will be on hand to discuss the future of technology, funding and partnerships with delegates.
In addition, nextMEDIA is running concurrently with the Banff World Television Festival. nextMEDIA attendees will have the opportunity to attend both nextMEDIA and BANFF sessions and social events, giving them further opportunity to grow their business by making connections with television professionals looking to take their traditional content cross-platform. For more information on nextMEDIA and BANFF, visit www.nextmediaevents.com/banff.
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Educational Study Tours to Sweden – September 18 - 25
This single-day social media educational program is designed for marketers as well as non-marketing audiences, including public relations practitioners, group managers and media strategists and also it leaders tasked with implementing social media solutions. more…
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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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The Entrepreneurs & Business Leaders Mastermind Summit – September 30
Members and guests of The Greater Toronto Marketing Alliance (GTMA) are eligible to receive an “Early Bird” registration discount. Member Discount: Register by June 18th and save an additional 15% For a limited time, members and guests of the GTMA can register tickets at a member rate of $229 plus HST (a $100 savings off the regular door price of $329)! Ask about VIP tickets, includes luncheon and Question & Answer Session with the panel of speakers. Member rate is $495 (regular rate $595). more…
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Foreign Business BIDS and TENDERS Opportunities
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The General Manager, Ammunition Factory, Khadki, Pune-411003, Maharashtra, India on behalf of President of India invites applications for supply and commissioning of the following machines:
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Tender No.
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Nomenclature
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Qty.
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1.
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No.2002/Global T.E. No. 01/10-11/17RR09-10/EO
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Set of machines multi-station horizontal transfer draw press, continuous pickling, washing and drying machine and annealing machine for manufacture of 9mmX19mm ball and conversion kit for 5.56X30mm carbine cartridge case components with A rated output of 15000 components per hour at 100% theoretical efficiency each and in accordance with AFK specifications No. KF/C3/9mm/DRAW-PICKLING-ANNEALING/FEBRUARY 2010
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1Set
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2.
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No.2002/Global T.E. No.02/10-11/18RR09-10/EO
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Multi-station vertical transfer press for draw indenting , heading, fire hole piercing/drilling and tapering, for manufacture of 9mm ball and conversion kit for 5.56X30mm carbine cartridge case component including necking with rated output of 15,000 components per hour at 100% theoretical efficiency and in accordance with AFK specification No. KF/C3/9mm/MST vertical press/February 2010
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1 No.
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Cost of Tender Document: US$50
Complete details of the tender and tender documents are available on website www.tenders.gov.in
For any further information, please contact the General Manager, Government of India, Ministry of Defence, Indian Ordnance Factories, Ammunition Factory, Khadki, Pune-411003, Maharashtra, India at (Tel: 91-20-25810554/25813855; Fax: 91-20-25813205; Email: afk.ofb@nic.in)
he last date for submission of tender is 30 June, 2010 at 1700 hrs (IST) and the tender will be opened on 1 July, 2010 at 1000 hrs (IST).
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Subject: EOI No. CO CONTS/0021P/NNTPS/NTA3-BOP/2010
The Neyveli Lignite Corporation Limited, Neyveli invites sealed Expression of Interest (EOI) and documentary evidences in one original and nineteen identical copies for meeting the qualifying requirements from eligible bidders for “ Supply and Installation of Balance of Plant Package (NTA3-BOP) for Neyveli New Thermal Power Station (NNTPS) (2X500 MW) located at Neyveli, State of Tamil Nadu, India) as per the details given below:
Participation Fee: USD 2700
Complete details of the EOI and EOI documents are available on website www.nlcindia.com
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 at (Tel: 91-4142-252215/252210; Fax: 91-4142-252026/252645; Email: ed.pc@nlcindia.com )
he last date for submission of EOI is 30 June, 2010 at 1430 hrs (IST) and the tender will be opened on the same day at 1500 hrs (IST).
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Why the GTA is a Great Place for Tech Firms to Call Home
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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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