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SUMMER 2019 SUMMER 2019 CUKCC│CHARTER MEMBERS 2 SUMMER 2019 CUKCC│CONTENTS Contents 4-5 Messages from the President, CEO & Secretariat 7 Upcoming Events 8 New Board Directors Appointed 10-12 International Trade 15-18 Economics 20-21 Energy, Mining & Natural Resourcces 24-25 Business Leasership 26-27 Your Finances 28 & 18 Women in Business 29-31 Technology Update 32-38 New Members Editor: Victoria Teeple Business Development & Office Manager +44 (0)20 7930 4553 [email protected] CANADA-UK CHAMBER OF COMMERCE 3 CUKCC│PRESIDENT, CEO & SECRETARIAT Matthew Moth, President Rising above the bedlam Uncertainty may be the new certainty for us all. Brexit continues to paralyse UK politics, Canada is gearing up for a Federal Election in the Autumn, global trade agreements (and conflict) ebb and flow, the Ukraine has elected a comedian as President. Amidst these ‘interesting times’ for globalism and populism, we have set a course for the Canada-UK Chamber of Commerce in 2019 where we remain focused on doing the things that we do well, while continuing to adapt to the unusual environment we are inhabiting. The Chamber marked its 97th anniversary in 2018 with the busiest networking programme in its history attracting over 3,500 registrations, and in 2019 our intention has been to deliver another diverse and engaging schedule of events, attractive to a broad membership base. And we’re delighted to see that so far this year, our approach to provide members and potential members at all levels with an exciting programme of networking and new business development opportunities, has been really productive. There have been a number of event highlights already this year with strong attendances throughout. Our two New Member events so far this year have both been splendid evenings, illustrating the wide variety of organisations, from multi-nationals to fascinating start-ups, which have an interest in the Canada-UK trade axis and have chosen to join us. A Diversity & Inclusion Forum International Women’s Day Breakfast Panel debate brought a strong attendance to Canada House. We ran a successful SME Forum event with Nicola Horlick, CEO, Money & Co; a Financial Services and International Trade Forums breakfast with keynote Speaker Peter Hall, Chief Economist of Export Development Canada and an ever popular tax, foreign exchange and currency evening hosted at Quebec House. It was a real pleasure to welcome Ben Page, Chief Executive of Ipsos MORI as our guest speaker at the sold out Chamber AGM lunch at the House of Lords. Ben gave us a brilliant and entertaining run through some of the similarities and differences between the attitudes of Canadians and Britons, in the wonderful setting of the riverside room in the Upper House. Our huge thanks to Baroness Blackstone for her continued support as our official sponsor at the House. Very positively, we have continued to attract a range of new members to the Chamber as part of their wider development plans. Our latest Charter members include Aberdeen Standard Investments, Bell Canada, Canada-UK Foundation, Export Development Canada, National Bank of Canada and White & Case LLP. We are pleased to see a wide range of prospects at all membership levels. We have also been fortunate to have the talents of a number of new Directors join our active Board. This has included Stephan Delisle (Thomson Reuters); Samantha Myers (Gowling WLG); Sherry Roth (Stikeman Elliott); Allan Taylor (White & Case); and Stephen Wilhelm (EDC). It is a pleasure to welcome them all. I would like also to thank all of the Directors and Members who help to run our ever-widening array of Forums across the Chamber. Your ideas and enthusiasm are the lifeblood of what makes us a success and I would encourage other members who like to be involved to get in touch with our Forum Chairs and Co-Chairs. Looking forward, Nigel, Victoria, Jeff and the extended Secretariat team are co-ordinating a fabulous programme of events for the rest of 2019. However, the Chamber has not stayed relevant and engaging for nearly 100 years without consistently introducing new ideas and thinking. Thank you to all of you who have participated in the recent Member Survey. We are combining that feedback with a review of where we are today, that we’ll be able to share with you in the coming months. Separately, we are doing some work on our ‘online experience’ to make sure we are up to scratch in the digital world and we’re hoping to get a new Forum or two off the launch pad. Enjoy this edition of the Chamber newsletter and on behalf of The Secretariat and I, can I thank you all for your continuing enthusiastic support and we look forward to seeing you all over the course of our Summer of activity. 4 SUMMER 2019 CUKCC│PRESIDENT, CEO & SECRETARIAT Nigel Bacon, CEO Earlier this year we asked our members for their feedback in a member survey and the key results included offering some further business services which we will discuss in more depth in a strategy meeting. We also had suggestions it was time to update our brand and website, feedback we had anticipated having already commissioned a brand partner, former Christmas speaker Phil Pallen, to complete this summer. Members were very happy with our event programme whist also suggesting adding to our current forums. As a consequence we will be launching new property and health sector focused forums later this year. Our Event team led by Jeff has been very busy lining up some impressive events for May-July. We welcomed in June the Honourable John Horgan, Premier of British Columbia, the Honourable Victor Fedeli, Ontario’s Minister of Finance, and Scott Summach, Deputy Director for Manufacturing, Ministry of Trade and Export Development, Government of Saskatchewan. Our annual events at this time of year include our sold-out Annual Golf Day in May and the popular Annual Canadian Chief Economists panel debate and lunch in early June, now in its 10th year. Early July was very busy with our Annual Pancake breakfast (1 July) and Champagne tea at Masterpiece London (2 July). As I reiterated at our recent AGM, a key benefit of Chamber membership is we offer a B2B platform in the Canada-UK bilateral business space. We are uniquely placed to assist you with introductions and referrals and the event programme is a means to that end. Whilst our busy programme continues to attract a record number of registrations drawn from a wide variety of sectors, members are welcome to contact us with specific member introduction requests which we hope to be able to assist with. During 2019 we have maintained a membership of over 300 organisations from across sectors, whilst expanding our numbers of Charter members, and they have been able to enjoy the many events that our current forums have been hosting (Diversity & Inclusion, Energy, Financial Services; International Trade; Mining & Natural Resources; SMEs; and Tech). If you wish to discuss an event with us to raise your brand profile, do get in touch. Thanks are due this edition to our newsletter sponsors Provident Communications, TD Securities, GHS Hospitality and our many contributors. Wishing all our members a happy summer of networking. Victoria, Jeff, Dudu, Liana, Juline & Anne We said goodbye earlier this year to Selma Shennib, Events & Membership Coordinator, after 2 years with us. We wish her all the best as she returns to Montreal, Canada. Her successor Jeff Surprenant has been working tirelessly on events since her departure. We have also recently been joined by Anne Manuel and wish her all the best as she helps us with our events programme. Members should have received the 2019-20 Directory of Members and our 2019-20 Corporate Lists are soon to follow. CANADA-UK CHAMBER OF COMMERCE 5 CUKCC│UPCOMING EVENTS MARK YOUR CALENDARS TECH FORUM: ANNUAL 17 SEPTEMBER CYBERSECURITY UPDATE CFCC INTERNATIONAL 3 OCTOBER WINE TASTING 6 DECEMBER ANNUAL CHRISTMAS LUNCH CANADA-UK CHAMBER OF COMMERCE 7 CUKCC│THE BOARD NEW BOARD DIRECTORS APPOINTED Stephan Delisle Senior Account Manager, Corporates Consumer Market, Thomson Reuters Through his 30+ years career, Stephan has worked with clients in over 100 countries and has lived on three continents (Canada, US, Australia and UK). His experience has been gained via national and global leadership sales and operations roles at Thomson Reuters, IBM, KPMG, Ernst & Young, Bell Canada and several fast-growing technology firms. He has also volunteered his time for several years as Operations Executive and Board Member of the Canada-Australia Chamber of Commerce. He has an Engineering and MBA degree and is fluent in English and French. Sherry Roth Partner, Stikeman Elliott Sherry is a partner in the London office where she leads the debt capital markets and banking practices. She advises underwriters and corporate and sovereign issuers in connection with the international debt markets, including Euro Medium Term Note Programmes and global debt offerings by Canadian governments, government agencies, financial institutions and other corporations. Sherry acts for issuers and underwriters in relation to private placements of securities into Canada, with extensive experience acting for issuers and underwriters in the “maple bond” market. Sherry also has a broadly based practice in finance and banking law. She regularly acts for lenders and borrowers in secured and unsecured lending and asset based lending and for lenders, sponsors and borrowers in international project finance transactions, particularly in the mining sector. Allan Taylor Partner, White & Case LLP Co-head of White & Case’s EMEA M&A/Corporate Practice, Allan Taylor’s practice focuses on complex international transactions. He is adept at steering cross-border, multi-disciplinary teams to provide innovative solutions to his clients’ business needs.
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