Invest in Europe!

At a breakfast meeting of the Belgian Canadian Business Chamber (BCBC) Business with Belgium Seminar Series on November 28, Gilles Brédas, Economic and Commercial Counselor, Consulate General of Belgium in Toronto outlined how his homeland is an ideal place for Canadian exporters, importers and investors to leverage the benefits of the recently signed Canada-EU Trade Agreement (CETA).

Thanks to its location at the heart of Europe, its capital city Brussels is the home of the European Council and the European Parliament as well as NATO headquarters. That helps make it is truly a global city since it also hosts more international organizations than Washington DC and almost as many embassies as New York, home of the United Nations. 

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Economic Challenges Facing the New Federal Government followed by A Guided Belgian Beer Tasting

On October 15, 2019 Craig Alexander, Partner & Chief Economist at Deloitte Canada
delivered a lecture on the Economic Challenges Facing the New Federal Government to the Belgian Canadian Business Chamber at the Dentons Canada Toronto Dominion Centre offices.

In his opening remarks, he stated “As we approach our national election, most politicians have focused on our internal economy. However, 60 per cent of our GDP involves international trade — imports and exports as well as financial services. Much depends on what happens outside our borders.”

Echoing other economists, he noted that the global economy shows signs of slowing down. Interest rates have fallen. In fact, long-term bonds from several major European countries offer negative interest rates, in essence charging investors parking fees for safeguarding their capital rather than paying them for the privilege.

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Canada’s merchandise trade with Belgium

Christian Sivière, Solimpex Montréal and Ottawa    ©August 2019

Canada’s merchandise trade balance with the world remained positive in June, posting a
$136 million surplus, following the near-record surplus of $556 million in May, with exports
down 5.1% and imports down 4.3%.

Total Canadian exports decreased to $50.3 billion, more than offsetting the strong gains
observed in May. There were widespread decreases throughout the product sections, with exports of energy products down 7.4% and non-energy products down 4.4%.

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Job Opening: Flemish Project Manager

LWT Communications is seeking a Flemish Project Manager to work in-house or from home for our Toronto office. The project coordinator will liaise with office in Brussels at will work as close as possible to Brussels time.

To apply for this position, you must be trilingual Flemish/French/English and have at least 3 years of experience in a similar role in the field of translation.

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Dentons’ Xavier Van Overmeire appointed President of the Belgian Canadian Business Chamber

Toronto – The Belgian Canadian Business Chamber (“BCBC”) is proud to announce that Xavier Van Overmeire, Regional Head of the International Trade Group (Montreal) of Dentons LLP, has been appointed President of the BCBC. The BCBC aims to foster contacts and relationships for its members who share an interest in developing business and trade opportunities between Canada and Belgium.

Xavier has an extensive expertise in multi-jurisdictional transactions, including international mergers and acquisitions, joint ventures and strategic alliances, and his wealth of experience representing notably Canadian and Belgian companies before international courts of law makes him an ideal candidate for this position. 

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2018 Year-in-Review

January 2019

Dear Members and Friends,

As we start off 2019, I have the pleasure to share with you the highlights of a very busy and successful 2018 for the BCBC. For the fourth year in a row, we have held a significant number of high-caliber events, and have continued to build on new initiatives to serve you better. 

For the second year in a row, we opened our “events season” with a “Wine & Food with the Belgians”, hosted by our friends at Dentons. This is a great opportunity to not only take care of your membership, but to also have a great time with your friends from the BCBC community and exploring different wines and cheeses. We will be hosting such an event again this January 24th, and I look forward to seeing each and every one of you there. This year’s Guest of Honour will be the Ambassador’s wife, Ms. Kathleen Billen, author of “.be our guest – the ambassadors of Belgian hospitality”, which highlights Belgium’s exquisite gastronomic products and features recipes from Michelin-starred Belgian chefs!

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Understanding European Privacy Laws: Impacts on Canadian Business

By Ken Mark, Freelance writer.

On November 16 at the KPMG offices at 333 Bay Street the Belgian Canadian Business Chamber hosted  seminar on the recently announced European Union’s General Data Protection Regulation (GDPR).

In his opening remarks, Christian Frayssignes, vice-president of the Canadian Belgian Canadian Business Chamber (CBBC)  reported that in the first year of the Comprehensive Economic and Trade Agreement (CETA) with the 28-member European Union,  Canadian exports increased 3.3 -per cent imports rose 12.5 per cent.

André van der Heyden, CBBC vice-president and COO also reminded  the audience that Brussels is the de facto capital of Europe being the home for several major European Union governing bodies as well as the ideal entry point for goods to reach more than half of the EU’s 510 million consumers. Continue reading