CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

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CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

Canadian Chamber of Commerce supports increased focus on Indo-Pacific trade

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The Indo-Pacific region holds great potential for Canadian business, according to CME. PHOTO by Pexels

The Canadian Chamber of Commerce’s President and CEO, Perrin Beatty, is onboard with the federal government’s increased focus on the Indo-Pacific trade region.

“The Canadian Chamber welcomes the government’s commitment to broaden and deepen Canada’s economic engagement in the Indo-Pacific region,” Beatty said. “This region holds great potential for Canada, including for Canadian businesses.”

Beatty added there is also important work that needs to be done here at home to help bolster trade, noting the ongoing National Trade Corridors Fund and a new priority for cultural ties between the region and its diaspora in Canada.

“Any successful strategy must give an enhanced priority to building the trade-enhancing infrastructure that is needed to significantly increase our exports. Additionally, the rapidly-growing communities of Canadians who trace their roots to the region provide a much-underutilized source of people who speak the languages, understand the cultures and have networks of family and friends in the region and who could help to strengthen our trade and investment ties,” Beatty said.

Beatty also said the Indo-Pacific region offers “major opportunities” for inbound investment to Canada and urged the government to make attracting investment from the region a priority.

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