An interview with Yijun Song, Ontario’s Beijing-based Commercial Counsellor Following last week’s launch of Premier McGuinty’s fourth and final trade mission to China, Mr. Song explains why he’s proud to represent Ontario, the need to bolster Ontario-Chinese bilateral trade and the long-term likelihood of increased Chinese investment in Ontario OBR: With Premier McGuinty currently in
In four years’ time the OECD predicts China will overtake the U.S. and become the world’s largest economy. A recent U.S. National Intelligence Council report predicts Asia’s economy will surpass that of North America and Europe by 2030. Against this backdrop, Premier McGuinty recently completed his fourth, and final, trade mission to China. Accompanied by
With decades of solid growth, Hunter Amenities International Ltd. has emerged as the preferred supplier to the world’s best hotels and resorts. The Burlington-based company is now expanding into branded retail products. John Hunter is a busy man. Thirty-two years after he founded a world-renowned hotel amenities company, Mr. Hunter still spends a lot of
Ontario’s ties to India have grown stronger in the past year, mainly as the result of behind-the-scenes work in the trade and investment communities.This reinforced relationship can only benefit both economies, with Ontario SMEs particularly well-poised to benefit. Satish Thakkar, president of the Indo-Canada Chamber of Commerce, sums it up succinctly: “Business happens once you
While emerging markets get a lot of media attention, the United Kingdom remains one of Ontario’s key export and investment partners. The U.K. is Ontario’s second largest export market after the United States, with $14.5 billion in exported goods, comprising over nine per cent of the province’s total in 2011. Among Ontario’s investors, U.K. companies
Famous for its innovative manufacturing-based economy, Germany is an anchor of stability and growth in Europe and a key trade and investment partner for Ontario. Ten years ago, Ontario opened an International Marketing Centre in Munich to further strengthen this longstanding and important relationship. Today, the Ontario Business Report looks at its decade years of
When start-up entrepreneur Rick Segal came home after an Ontario trade mission in March, he sat down and wrote the minister a letter. “Your ministry and the outstanding personnel you have is one of the greatest competitive advantages a business can get,” wrote Segal after his company’s participation at a major wireless trade show in
With 1.3 billion consumers, double digit economic growth rates, and a rapidly expanding middle class, China is at the top of the to-do list for the world’s exporters and investors. China’s tremendous success in exporting manufactured goods has also boosted its foreign currency reserves, creating a tremendous pool of capital for investment in overseas markets.
Ontario has a head start in the race to boost trade and investment activity with India. The introduction of the world’s most affordable car may have been the tipping point. When Tata Motors introduced the Nano in 2008, the world suddenly took notice of India’s burgeoning trillion dollar economy. Although that same economy has been
China’s 1.3 billion consumers, double digit economic growth rates, and a mushrooming middle class have put the country at the top of Ontario’s investment and trade priorities.