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ANNOUNCEMENT AUGUST 2018
CABC Launches "The Canada Advantage" Report

Last week, the Canada-ASEAN Business Council (CABC) announced the release of "The Canada Advantage", a report highlighting the benefits for ASEAN businesses through increased economic engagement with Canada.

The Canada Advantage is a collaboration between the CABC, the University of British Columbia (UBC) and the National University of Singapore (NUS), with the support of the International Development Research Centre (IDRC).

The Canada Advantage report was launched at an event sponsored by AirAsia that gathered government officials from ASEAN and Canada, business leaders, professionals, and academics.

           

The event included a presentation by the UBC and NUS research team on the report’s findings, a panel discussion on ASEAN- Canada trade and the upcoming official ASEAN-Canada meetings in Singapore as well as a fireside chat with AirAsia’s Deputy Group CEO (Digital, Transformation, Corporate Services) Ms Aireen Omar and CAE’s Vice President and General Manager – Asia Pacific Mr Alexandre Prevost on the future of aviation to ASEAN-Canada trade.

Read the CABC press release here.
READ THE FULL REPORT
CABC Welcomes Minister Jim Carr's Visits to Thailand and Singapore
The CABC welcomes Minister of International Trade Diversification, the Hon. Jim Carr, to Thailand and Singapore to help Canadian business access one the world’s fastest-growing markets. The CABC is looking forward to advocating on behalf of our Members at the upcoming 7th ASEAN Economic Ministers-Canada Consultations.
 
“Expanding into the Southeast Asia region will help Canadian-owned businesses access one the world’s fastest-growing markets. By strengthening people-to-people ties and increasing trade and investment opportunities in this dynamic region, we are creating the right conditions for more Canadians to confidently compete and succeed, creating more jobs as a result.”
 – The Honourable Jim Carr, Minister of International Trade Diversification

As Canada continues to ramp up its engagement across the entire Asia-Pacific region, it present enormous opportunities for Canadians to diversify markets. In Thailand and Singapore, opportunities abound for Canadian expertise and innovation in the transportation, clean energy and financial sectors. Diversifying trade over the longer term means advancing discussions and securing a pathway towards more free trade with ASEAN nations.

As a group, ASEAN ranks as Canada’s sixth-largest trading partner. According to data by the ASEAN Secretariat, Canada is ASEAN’s ninth largest trading partner among the Dialogue Partners with total two-way trade estimated at US$13.2 billion in 2017.

The ASEAN-Canada dialogue partnership was established in 1977. Both sides convened a Commemorative Summit to mark the 40th anniversary of dialogue relations last November in Manila.

Find out more about Minister Carr's visit to Thailand and Singapore here.
CABC Founding Patron Member
CABC Patron Members
Image credit: Snowing - Freepik.com
For any questions about the CABC or the Newsletter, please write to nicky.lung@canasean.com






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