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George Visintin President Italian Chamber of Commerce of Ontario Wednesday October 16, 2013. Italian Chamber of Commerce of Ontario (ICCO). Who we are: A non-profit, Ontario-based business organization.
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George Visintin President Italian Chamber of Commerce of Ontario Wednesday October 16, 2013
Italian Chamber of Commerce of Ontario (ICCO) • Who we are: • A non-profit, Ontario-based business organization. • A consulting agent for a number of local and regional government agencies in Canada and Italy. • An advisor and broker to companies wishing to participate in public tenders in Canada, Italy and around the world. • An expert in planning trade delegations, researching industrial sectors and markets for investors.
Italian Chamber of Commerce of Ontario (ICCO) • Who we are: • A founding member of the Greater Toronto Business Alliance (Federation of Portuguese Business and Professionals, Indo-Canada Chamber of Commerce, Italian Chamber of Commerce of Ontario and Toronto Chinese Business Association). • A co-founding member of the European Union Chambers of Commerce in Toronto (EUCOCIT).
Why invest in Ontario? • A solid and stable economy • An integrated transportation system in North America and strong business relations with Asia and Europe • Competitive business costs • Talented and highly educated labour force • Thriving R&D sector
Ontario: an important business destination • Canada is regarded as one of the best business destinations Variables considered: Economic fundamentalsRegulatory barriers Ease of doing businessRegulatory quality Rule of law Source: Milken Institute, March 2013
Ontario: an important business destination • Starting a business is easier in Canada… Ranking is the average of the economy’s rankings on the procedurestimecost paid-in minimum capital for starting a business. Source: Doing Business Database
Corporate Law in OntarioKey points • Ontario incorporated companies are required to have at least 25% of the Board composed of Canadian residents. • Companies are required to have a minimum of one director • Directors are subject to responsibilities under environmental, fiscal, health and safety, and labour regulations • Companies can be opened in Ontario under the following form: • Proprietorship • Partnership • Incorporation
Labour Law • Canadian federal and provincial labour regulations are among the most advanced in the world • Labour regulations include: • Employment standards • Labour and Industrial relations • Human rights • Health and safety in the workplace • Privacy • Compensation and benefits
ICCO: A Launching Point • In the last few years ICCO has worked with several Italian companies: • Abrigo – food packaging • Elettronica Santerno (gruppo Carraro) – cleantech • Ferrero – food • Gnutti Carlo S. p. A. – industrial machinery • Parmalat – food • Perego – consumer goods • Solgenia – ICT
ICCO: A Launching Point • Tre O – costumized kitchens • Argol-Villanova – logistics • Planners One – architecture • Fattoria Mazzalupo – food • Siel S. p. A. – cleantech • Quotidia S. p. A. – cleantech • Reagiste Management – real estate
Represents several institutions and organizations (Desks): Bank of Sondrio, Unioncamere Veneto, CEIPiemonte, CCIAARoma Consultants for: City of Vaughan, City of Brampton, Greater Toronto Marketing Alliance (GTMA), Invest Toronto, Province of Ontario, City of Toronto. Doing Business in Ontario ICCO Services
Organizes conferences in Toronto and in Italy Breakfast seminars EU – Canada Economic partnership events Presentation of Made in Italy in various sectors Country presentations Coordinates business and trade events in Ontario for public institutions, Chambers of Commerce and other Italian organizations Doing Business in Ontario ICCO Services
Facilitates business missions: Link between Canadian professionals and Italian trade shows (Marmomacc, Vinitaly, Tuttofood etc) Organizes local events: Piazza Italia, Business Excellence Awards, Pentola D’Oro Track record of successfully concluding trade missions which generated business deals on both sides of the Atlantic. Doing Business in Ontario ICCO Services
Researching industrial sectors and markets for investors. Facilitating introductory contacts with representatives from government agencies and other business organization. Providing business contacts in Italy. Acting as an adviser and broker to companies wishing to participate in public tenders in Canada and Italy. Providing consulting services: opening a new business, legal regulations and more. Doing Business in Ontario ICCO Services
Doing Business in Ontario ICCO Virtual Office New opportunities for business in Ontario • To set up quickly an office in Toronto • To have an office in downtown Toronto at affordable costs • To get access to the ICCO’s network • ICCO staff assistance and support
Vetrina ICCOA Promotional Display • Display window for company’s products • Promotion and continued exposure of the products to ICCO members and office visitors • Organization of promotional events every month in the Toronto community
ICCO Calendar: Upcoming Events • October 24-25 Agrifood Delegation Emilia Romagna • October 28-30 Promos Digital and ICT • November 4 Book Launch “Buon Appetito Toronto” • November 4-6 Giovani Confindustria Cosenza • November 18-22 GTMA in Italy • November 28 Breakfast Seminar - EU-Canada trade relations • November 28 Invest Toronto in Milan • December 10 ICCO Christmas Party
Contacts Toronto Office Tel: 416-789-7169 trade@italchambers.ca Rome Office Tel: 335-587-47-72 silvestri@italchambers.ca Milan Office: Tel: 02-450-77-223 barbiero@italchambers.ca