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Italian Chamber of Commerce of Ontario
George Visintin President Italian Chamber of Commerce of Ontario Wednesday October 16, 2013
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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.
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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).
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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
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Ontario: an important business destination
Canada is regarded as one of the best business destinations Variables considered: Economic fundamentals Regulatory barriers Ease of doing business Regulatory quality Rule of law Source: Milken Institute, March 2013
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Ontario: an important business destination
Starting a business is easier in Canada… EASIEST RANK New Zealand 1 Australia 2 CANADA 3 Singapore 4 Macedonia 5 Hong Kong 6 Georgia 7 Rwanda 8 Belarus 9 Ireland 10 Ranking is the average of the economy’s rankings on the procedures time cost paid-in minimum capital for starting a business. Source: Doing Business Database
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Corporate Law in Ontario Key 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
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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
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Italian companies in Ontario
ABRIGO Advanced Manufacturing AGREX S.p.a. ALI GROUP S.p.A. Agrifood AUTOGRILL S.p.A. BEGHELLI Consumer Products BONFIGLIOLI RIDUTTORI S.p.A. Environment CALVI SpA CARAGLIO SRL Compes (C.O.M.P.E.S.) DYNAMIC TECHNOLOGIES Automotive ECOPACK S.p.A. ELETTRONICASANTERNO FENZI SpA Construction FERRARI Costruzioni Meccaniche Srl FERRERO GNUTTIS.p.A. Automotive INGLASS ITALCEMENTSpA Construction
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Italian companies in Ontario
MAPEI S.p.A. Consumer Products MOLLIFICIO SpA Advanced Manufacturing NEGRI BOSSI S.p.A. Plastics OFFICINE MACCAFERRI S.p.a. Construction PARMALAT Agrifood PEREGO PINES PFM S.p.A. PRYSMIAN CABLES and SYSTEM (formerly Pirelli & C. S.p.A.) Energy RIELLO BRUCIATORI R.B.L. S.p.A SALICE GROUP SpA Forestry Products SILFAB Environment SOLGENIA ICT ST MICROELECTRONICSSrl URMET TLC S.p.A. UTIL INDUSTRIESS.p.A
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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
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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
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Doing Business in Ontario
ICCO Services 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.
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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
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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.
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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.
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Doing Business in Ontario New opportunities for 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
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Vetrina ICCO A 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
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ICCO Office Space
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ICCO Calendar: Upcoming Events
October Agrifood Delegation Emilia Romagna October Promos Digital and ICT November Book Launch “Buon Appetito Toronto” November Giovani Confindustria Cosenza November GTMA in Italy November Breakfast Seminar - EU-Canada trade relations November Invest Toronto in Milan December ICCO Christmas Party
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Contacts Toronto Office Tel: 416-789-7169 trade@italchambers.ca
Milan Office: Tel: Rome Office Tel:
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