George Visintin
President
Italian Chamber of Commerce of Ontario
Wednesday October 16, 2013
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
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
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
4
Ontario: an important business destination
 Canada is regarded as one of the best business destinations
8.54
Hong Kong
8.49
Singapore
7.88
Denmark
7.84
Canada
7.82
United Kingdom
7.76
Netherlands
7.67
Finland
7.59
Switzerland
7.55
Australia
7.46
Ireland
5
Source: Milken Institute, March 2013
Variables considered:
Economic fundamentals
Regulatory barriers
Ease of doing business
Regulatory quality
Rule of law
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
6
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
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
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
Italian companies in Ontario
Advanced Manufacturing
Advanced Manufacturing
Agrifood
Agrifood
ABRIGO
AGREX S.p.a.
ALI GROUP S.p.A.
AUTOGRILL S.p.A.
BEGHELLI
Consumer Products
BONFIGLIOLI RIDUTTORI S.p.A.
CALVI SpA
Environment
Advanced Manufacturing
Advanced Manufacturing
Advanced Manufacturing
Automotive
CARAGLIO SRL
Compes (C.O.M.P.E.S.)
DYNAMIC TECHNOLOGIES
ECOPACK S.p.A.
Advanced Manufacturing
ELETTRONICASANTERNO
FENZI SpA
Environment
Construction
FERRARI Costruzioni Meccaniche Srl
Construction
FERRERO
Agrifood
GNUTTIS.p.A.
Automotive
INGLASS
Automotive
ITALCEMENTSpA
Construction
9
Italian companies in Ontario
MAPEI S.p.A.
MOLLIFICIO SpA
NEGRI BOSSI S.p.A.
Consumer Products
Advanced Manufacturing
Plastics
OFFICINE
MACCAFERRI S.p.a.
Construction
PARMALAT
Agrifood
PEREGO PINES
Consumer 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.A
Advanced Manufacturing
SALICE
Consumer Products
GROUP SpA
Forestry Products
SILFAB
Environment
SOLGENIA
ICT
ST MICROELECTRONICSSrl
Advanced Manufacturing
URMET TLC S.p.A.
ICT
UTIL INDUSTRIESS.p.A
Advanced Manufacturing
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
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
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.
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
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.
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.
Doing 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
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
ICCO Office Space
ICCO Calendar:
Upcoming Events
• October
24-25
Agrifood Delegation Emilia Romagna
• October
28-30
Promos Digital and ICT
• November
4
Book Launch “Buon Appetito Toronto”
• November 4-6
Giovani Confindustria Cosenza
• November 18-22
GTMA in Italy
• November 28
Breakfast Seminar - EU-Canada trade relations
• November 28
Invest Toronto in Milan
• December 10
ICCO Christmas Party
Contacts
Toronto Office
Rome Office
Milan Office:
Tel: 416-789-7169
Tel: 335-587-47-72
Tel: 02-450-77-223
[email protected] [email protected] [email protected]