The Belgian Canadian Business Chamber Announces New Strategic Partnership with MTFX

The Belgian Canadian Business Chamber (BCBC), which fosters bilateral relationships between Belgium and Canada, has today announced a new strategic partnership with MTFX, one of the largest foreign exchange and payment solutions providers in Canada.

BCBC logo - marbleToronto, Ontario, Canada December 16, 2015 – The BCBC is pleased to announce a partnership with MTFX. The new partnership will enable the members of the BCBC to gain access to currency exchange and international payment processing capabilities at substantially lower costs than those offered by main street banks. The partnership will allow members access to MTFX’s web base platform, providing a single point of access for currency exchange and fast and efficient international payment services.

“The Belgian Canadian Business Chamber is always looking at ways to provide more benefits to our members and we are pleased to be able offer our community significant savings for fast, efficient international payment processing and currency exchange. In today’s economic reality of globalization – whether it be for large multinationals, SMEs or even individuals – these international transactions are taking place every day and will increase once CETA is finalized, particularly for SMEs who are the most likely to benefit from this historic accord. In our efforts to promote bilateral relations between Canada and Belgium, and taking this global economic reality into account, we are pleased to enter into this partnership with MTFX, which we believe will be of great benefit to our members,” stated André van der Heyden, Vice-President & Chief Operating Officer, Belgian Canadian Business Chamber.

The BCBC is based in Toronto and works to foster contacts and relationships for members who share an interest in developing business and trade opportunities between Canada and Belgium. The aim of the BCBC is to raise awareness of Belgium in the economic and media capital of Canada. For additional information, visit www.belgiumconnect.com.

MTFX_Logo_2014_V1_REVISED“This partnership with the Belgian Canadian Business Chamber is an extension of our existing value proposition as a “one-stop-shop” for international payments and currency exchange services. This integrated service approach is unique in the payments industry,” said Arif Harji, Chief Market Strategist, MTFX. “We see ourselves as facilitators for our customers and partners with a blend of “high-touch” and “high-tech” solutions.”

Launched in 1996, MTFX is one of Canada’s oldest and largest non-bank providers of currency exchange services and international payment solutions. MTFX’s success has been driven by offering transparent and competitive currency exchange rates as well as global payment solutions that are unmatched in the industry. MTFX prides itself on outstanding service levels that are driven by great people and great technology. For additional information, visit https://mtfxgroup.com.

Canada’s international trade with focus on Belgium, the August 2015 figures

Statistics Canada’s latest data shows that Canadian exports to Belgium, which amounted to $176 million in June and went down to $93 million in July, went back up to $153 million in August. Canadian imports from Belgium on the other hand, amounting to $235 million in June and to $236 million in July, were down to $179 million in August. As can be seen from these figures, our bilateral trade has its ups and downs and it will be interesting to follow its evolution in the coming months. Continue reading

Canada’s international trade with focus on Belgium, the July 2015 statistics

Statistics Canada’s latest data shows that Canadian exports to Belgium, which amounted to $423  million in May and decreased to $114 million in June, decreased again to $93 million in July. Canadian imports from Belgium on the other hand, amounting to $168 million in May and up to $235 million in June, were up again in July, though slightly to $236 million. As we can see from this, our bilateral trade fluctuates a lot and it will be interesting to see how it will evolve in the months ahead. Continue reading

Canada’s international trade with focus on Belgium, the May 2015 statistics

Statistics Canada’s latest data shows that Canadian exports to Belgium, which amounted to $207 million in February and increased to $281 million in March, decreased to $127 million in April. Canadian imports from Belgium on the other hand, amounting to $135 million in February and to $126 million in March, were back up to $132 million in April. As we can see, our bilateral trade fluctuates and it will be interesting to see its evolution in the coming months. Continue reading

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