Net Exports 2017 Canada: 0 MTPA ASEAN: 48.6 MTPA While Canada has a robust location advantage when it comes to serving the North Asia LNG market, it will enter the market as a lightweight, competing with incumbent heavyweights, Australia, Qatar and eventually the United States. To compete, its value proposition must maintain competitive pricing [...]
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Interested in starting or expanding a business in Canada? When starting or expanding a business in Canada, there are many things that you need to know and do. Osler’s Doing Business in Canada guide provides practical information about what you need to know and do with links to useful resources. Click on the image to [...]
The Monetary Authority of Singapore (MAS) and the Bank of Canada have sent each other digital currencies using blockchain technology, marking the first such successful trial between two central banks. The pair have been collaborating on the use of distributed ledger technology and central bank digital currencies to make the cross-border payments process cheaper, [...]
Macquarie Group Ltd. says it has reached a deal to sell Halterm terminal at the Port of Halifax, the largest container terminal in Eastern Canada, to PSA International Pte Ltd. The Singapore-based port operator will also acquire Penn Terminals in Philadelphia from the Australian firm. Both terminals are currently owned by Macquarie Infrastructure Partners, [...]
[Excerpt from EDC Blog article] Singapore is an exporter’s paradise: not only is it a leading financial hub, it’s also one of the world’s busiest ports and a global centre for research, innovation and state-of-the-art infrastructure. But that’s not all. Home to 5.8 million people, the small, affluent island nation is also a gateway [...]
The Canadian investment fund that manages assets for Ontario's public sector is looking towards Singapore to set up its regional headquarters, as it seeks to boost its portfolio in Asia in the next few years. Investment Management Corporation of Ontario (IMCO) was created in July 2016 to manage assets on behalf of Ontario public-sector [...]
On April 9, Minister of International Trade Diversification Jim Carr highlighted the expanded opportunities available to Canadian entrepreneurs abroad through New Markets, New Customers, New Jobs: Canada’s Trade Diversification Strategy - an investment of $1.1 billion over six years to help businesses to succeed in new markets. Minister Carr was in Ottawa to meet [...]
Is an ASEAN-Canada Free Trade Agreement (FTA) on the cards? The idea which was first proposed in 2016, was one of many on the agenda during the 16th ASEAN-Canada Dialogue in Canada’s capital, Ottawa, last month. Both parties agreed to continued implementation of the ASEAN-Canada Plan of Action (2016-2020) which includes working towards a [...]
The government of Myanmar has announced that it will welcome five global insurance companies – which includes Canadian insurer Manulife – to establish wholly-owned subsidiaries in the region. Myanmar’s Planning and Finance Ministry initially announced that only three foreign companies would be provisionally authorized to operate in the region, but a more recent statement [...]
Canada’s $143-billion Ontario Teachers’ Pension Plan is looking to expand its footprint in Asia by adding new offices in the region over the next five years. The third largest retirement fund of Canada is looking to focus on private markets, particularly real estate assets in Asia, with a potentially increased allocation from its current [...]