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George Visintin President Italian Chamber of Commerce of Ontario Wednesday October 16, 2013.

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Presentation on theme: "George Visintin President Italian Chamber of Commerce of Ontario Wednesday October 16, 2013."— Presentation transcript:

1 George Visintin President Italian Chamber of Commerce of Ontario Wednesday October 16, 2013

2 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. 2

3 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). 3

4 4 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

5 5 Ontario: an important business destination Source: Milken Institute, March 2013 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

6 6 Ontario: an important business destination Source: Doing Business Database Starting a business is easier in Canada… EASIESTRANK New Zealand1 Australia2 CANADA3 Singapore4 Macedonia5 Hong Kong6 Georgia7 Rwanda8 Belarus9 Ireland10 Ranking is the average of the economys rankings on the procedures time cost paid-in minimum capital for starting a business.

7 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: a) Proprietorship b) Partnership c) Incorporation

8 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

9 9 Italian companies in Ontario ABRIGO Advanced Manufacturing AGREX S.p.a.Advanced Manufacturing ALI GROUP S.p.A.Agrifood AUTOGRILL S.p.A.Agrifood BEGHELLI Consumer Products BONFIGLIOLI RIDUTTORI S.p.A.Environment CALVI SpA Advanced Manufacturing CARAGLIO SRLAdvanced Manufacturing Compes (C.O.M.P.E.S.)Advanced Manufacturing DYNAMIC TECHNOLOGIESAutomotive ECOPACK S.p.A. Advanced Manufacturing ELETTRONICASANTERNOEnvironment FENZI SpAConstruction FERRARI Costruzioni Meccaniche SrlConstruction FERREROAgrifood GNUTTIS.p.A.Automotive INGLASSAutomotive ITALCEMENTSpAConstruction

10 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 PARMALATAgrifood PEREGO PINESConsumer Products PFM S.p.A.Advanced Manufacturing PRYSMIAN CABLES and SYSTEM (formerly Pirelli & C. S.p.A.) Energy RIELLO BRUCIATORI R.B.L. S.p.AAdvanced Manufacturing SALICEConsumer Products GROUP SpAForestry Products SILFABEnvironment SOLGENIAICT ST MICROELECTRONICSSrl Advanced Manufacturing URMET TLC S.p.A.ICT UTIL INDUSTRIESS.p.AAdvanced Manufacturing

11 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

12 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

13 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

14 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

15 Facilitates business missions: Link between Canadian professionals and Italian trade shows (Marmomacc, Vinitaly, Tuttofood etc) Organizes local events: Piazza Italia, Business Excellence Awards, Pentola DOro Track record of successfully concluding trade missions which generated business deals on both sides of the Atlantic. Doing Business in Ontario ICCO Services

16 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

17 Doing Business in Ontario ICCO Virtual Office To set up quickly an office in Toronto To have an office in downtown Toronto at affordable costs To get access to the ICCOs network ICCO staff assistance and support New opportunities for business in Ontario

18 Vetrina ICCO A Promotional Display Display window for companys products Promotion and continued exposure of the products to ICCO members and office visitors Organization of promotional events every month in the Toronto community

19 ICCO Office Space

20 ICCO Calendar: Upcoming Events October Agrifood Delegation Emilia Romagna October Promos Digital and ICT November 4 Book Launch Buon Appetito Toronto November 4-6 Giovani Confindustria Cosenza November GTMA in Italy November 28 Breakfast Seminar - EU-Canada trade relations November 28 Invest Toronto in Milan December 10 ICCO Christmas Party

21 Contacts Milan Office: Tel: Toronto Office Tel: Rome Office Tel:


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