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A publication of the Brazil-Canada Chamber of Commerce Please click on each headline for this week's top stories! Brazcan portal is a unique, online business tool providing users with access to profiles of the leading business and government organizations in Brazil and Canada. Through www.brazcan.org , users looking for resources involved in Brazil-Canada trade and investment will have access to profiles and contact information of consultants, accountants, customs brokers, transportation and packaging, lawyers, translators and interpreters, media and government agencies. The portal also links to extensive market research both on Canada and Brazil, and showcases trade and investment opportunities. To find out how www.brazcan.org can transform your region’s market intelligence please contact Brazcan project coordinator at 416-364-3555 or alternatively at bccc@iecanada.com
Trade Missions, Seminars and Other Events BCCC Event 1. Brazil: Overview of The Real Estate Market Rio de Janeiro- Brazil 2. Brazil Hosts Pipeline Exhibition and Conference 3. INAC - International Nuclear Atlantic Conference Belo Horizonte- Brazil 3. EXPOSIBRAM 2009 and The 13th Brazilian Mining CongressSao Paulo - Brazil Country News1. Brazil 's Real Hits 10-Month-High on China, Inflows 2. Brazil Real Rally to Hurt Exports, Association Says 3. Brazil Exports Seed Potato Production Technology to China 4. Bradesco Boosts Q2 Earnings 14.7% 5. Lula da Silva Rejects Any Idea or Proposal for a Third Mandate
Cultural Events 1. Ciclo de Cinema - Brazil Portugal Film Series
BCCC Internship Program 1. Internship Opportunity with BCCC
Advertising Opportunity 1. ADVERTISING OPPORTUNITY - "BRAZIL-CANADA TRADE & INVESTMENT" Trade Missions, Seminars and Other Events BCCC Event Brazil: Overview of The Real Estate Market Brazil-Canada Chamber of Commerce invites to the panel presentation “Brazil : Overview of the Real Estate Market” The real estate market in Brazil offers great potential but to really understand the market it’s critical to compare and contrast real estate in North America to Brazil. This morning briefing will offer insights into market aspects in terms of the legal/existing legislation, market trends, and information on how to participate and structure the investment from a tax perspective . Date: Tuesday, August 18 from 7:30 a.m. to 10:00 a.m. Fees: BCCC Members $35.00 Non-Members $50.00 Buy your tickets at http://brazilrealestate.eventbrite.com/ For more information about the event and the complete program visit http://www.brazcan.org/bccc/realestate2009/Invitation_and_agenda.pdf or contact BCCC at bccc@iecanada.com Rio de Janeiro- Brazil Brazil Hosts Pipeline Exhibition and Conference The Canadian Consulate General in Rio de Janeiro is organizing a Canadian pavilion at the 2009 Rio Pipeline Conference and Exhibition, the largest pipeline event in Brazil. This event will bring together local and international professionals and executives who are looking for state of the-art technologies and management practices in this area. The conference program will include panels, talks, technical sessions and mini-courses on relevant topics. The concurrently held exhibition allows greater interaction between delegates, visitors and companies active in the pipeline sector. The main objective of the event is to share technological advances, experiences and to present important ongoing pipeline projects. It also aims to integrate companies from different segments of the pipeline industry like operations, construction, engineering, research and development, training and equipment suppliers. The last event attracted some 1,400 delegates from 29 countries, 120 exhibitors and 3,200 visitors. Date: September 22-24, 2009 Location: Centro de Convenções SulAmérica Av. Paulo de Frontin, S/N (ao lado do prédio da Prefeitura) Time: Expo - Tuesday through Thursday, 10:00 - 19:00 Conference - Tuesday through Thursday, 08:00 - 18:00 For further information, click here International Nuclear Atlantic Conference - INAC 2009 Brazil is the sixth-largest electric power equipment market in the world, and the third-largest producer and consumer of electricity in the Western Hemisphere (after the United States and Canada) and the third largest consumer in South America, with an average growth of 4.5% per year. Electricity consumption in Brazil has grown strongly since 1990 and Nuclear energy provides 3% of the country's electricity which represents around 13 billion kWh per year. Such requirement to fulfill the on growing demand, the Brazilian Government formally announced their strategic need to re-engage investments towards the development of New Nuclear power plants in Brazil and the Canadian Consulate General in Rio de Janeiro, re-doubling its efforts to ensure that Canada is present in this new phase of business developments and opportunities. For that reason we would like to draw your attention once again to the International Nuclear Atlantic Conference - INAC 2009 to be held in Rio de Janeiro on September 27th - October 2nd 2009. The deadline for submission of the papers and participation of speakers to the conference has been closed, however your company can still be part of INAC 2009 with the Canadian delegation. For further information, click here Belo Horizonte - Brazil EXPOSIBRAM 2009 and The 13th Brazilian Mining Congress Exposibram 2009 – Brazil’s International Mining Exhibition, will be held simultaneously with the 13th Brazilian Mining Congress in Belo Horizonte in the State of Minas Gerais on September 21-24, 2009. The Event is the largest mining show in Brazil and the ideal place to meet buyers, potential agents and partners, and get a first-hand appreciation of the size of the market and competition. In 2007, Exposibram attracted 45,000 visitors in to the exhibition, 470 exhibitors from 22 countries and over 1,500 delegates to the mining congress. There will be a Canadian pavilion and networking event at Exposibram 2009, Brazil's largest and most important mining industry event. Over 400 local and international service, equipment and exploration companies and over 30,000 delegates are expected this year. SCHEDULE: VENUE: Centro de Feiras e Convenções de Minas Gerais - EXPOMINAS KEY PARTICIPATING SECTORS: Industry, Government and Services. TARGET PUBLIC: mining companies, service providers and public administration. Expectation of 50.000 visitors during the period of the show. INFORMATION AND STANDS RESERVATIONS THROUGH THE EXECUTIVE SECRETARIAT: CONTACT CANADIAN PAVILLON: Franz Brandenberger, Canadian Trade Commissioner Service in Belo Horizonte, tel: (011-55-31) 3213-1651, fax: (011-55-31) 3213-1647, For further information, click here Sao Paulo - Brazil Futurecom is a Telecom and IT event that gathers Market Strengths, providing corporate customers and professionals an appropriate and stimulating environment for the development of Knowledge, Business and Relationships/Networking. It has been recognized as the event where the most distinguished executives in the industry have chosen to speak and guide the Telecommunications market. Futurecom Year 11 will be held in Sao Paulo, Transamerica Expo Center, from October 13th to 16th, and expects to gather more than 15,000 visitors. For registration please contact Futurecom : tel.: (55-41) 3314-3200 fax: (55-41) 3314-3202 For further information, click here Country News Brazil's Real Hits 10-Month-High on China, Inflows Summary of the original article by Guillermo Parra-Bernal Brazil 's currency jumped to its highest level in more than ten months on Monday as improved bank earnings in Europe and strong Chinese demand for commodities fueled hopes of a global economic rebound. The real BRBY, one of the world's best performing currencies this year, opened 1.2 percent stronger at 1.846 reais to the dollar in early trading and later changed hands at 1.848 to the dollar, up 1 percent from Friday's close.. For the full story, click here Brazil Real Rally to Hurt Exports, Association Says Summary of the original article by Fabio Alves Brazil ’s real is “overvalued” and its 26 percent rally this year will deepen a tumble in manufacturing exports such as textiles, furniture and auto parts, according to the country’s foreign trade association. “ Brazil has an overvalued currency, which is not favorable to exports of manufacturing products,” said Jose Augusto de Castro, vice president of the Associacao de Comercio Exterior do Brasil, the association that represents 90 percent of the country’s exporters. “The Brazilian manufacturers are losing competitiveness because of the appreciation of the real.” For the full story, click here Brazil Exports Seed Potato Production Technology to China Brazil is to export mini seed potato tubers from Sao Paulo in Brazil to Inner Mongolia in China. The system developed by the Campinas Agronomy Institute (IAC) in Brazil will be granted to the Agricultural Research Institute in Hulunbeir after meetings set up September 2008 and July this year by IAC researcher José Alberto Caram de Souza Dias. Instead of conventional export where the whole potato is used, in this case only the shoots of the tubers are used. Initially, the partnership with China involved the transfer of Dutch varieties of seed potato but for bureaucratic reasons, the Dutch products were replaced by those developed at the IAC, all virus-free and resistant to the main diseases found in Chinese cultivation. For the full story, click here Bradesco Boosts Q2 Earnings 14.7% Brazilian bank Bradesco hit 2.30bn reais (US$1.24bn) in net income in the second quarter, a 14.7% increase over 2Q08, the bank said in its latest financial statements. ROAE came in at 23.7% in the quarter, compared to 21.0% in the prior quarter and 27.2% in 2Q08. At the end of June, Bradesco announced that it had made 2bn reais - before taxes but after distribution costs - from its sale of 143mn shares in the IPO of card processor VisaNet at a price of 15 reais each. This left it with 28.8% of VisaNet. Subsequently, the bank said it would put 1.3bn reais towards its loan losses, based on its risk models. For the full story, click here Lula da Silva Rejects any Idea or Proposal for a Third Mandate Brazilian president Lula da Silva reiterated Saturday he has no plans for a third mandate and anticipated he would reject a proposal from members of his won Workers Party for a constitutional amendment that would allow him to run again for president in 2010. “It never crossed my mind. Furthermore I told members of my party to stop thinking of a third period for Lula because two are more than enough”, said Lula da Silva in an interview with a radio station from Belo Horizonte. The Brazilian president has one of the highest sustained support ratings in recent history, currently at a “relatively low 69%” given his record. For the full story, click here Cultural News Ciclo de Cinema - Brazil Portugal Film Series This film series presents the Portuguese language as an importan link between the Brazilian and Portuguese cultures by examining different artistic expressions seen in cinema and literature. The films will be presented in September, October and November at the University of Toronto and York University. Free admission. For information about the films and location, please click here or e-mail Rita Rolim at rcrolim@yorku.ca. BCCC Internship Program The Brazil-Canada Chamber of Commerce is currently offering an internship opportunity starting on August 11. The internship is ideal for students or recent graduates who are interested in gaining entry-level experience in a non-profit trade association. Please click here for more information about the BCCC Internship Program Please note that this is voluntary internship. E-mail your application package to bccc@iecanada.com Include “Application to internship opportunity” in the Subject line Please click here for more information about the BCCC Internship Program Advertising Opportunity ADVERTISING OPPORTUNITY- "BRAZIL-CANADA TRADE & INVESTMENT" Report on Business, Canada's #1 read business magazine, has partnered with the Brazilian commerce officials to publish a special national report called "BRAZIL-CANADA TRADE & INVESTMENT". The report will inform Globe readers about Brazil's significant opportunities, illuminating forward-thinking Canadian businesses already active in Brazil and how others can get involved. Report on Business has designed special rates for Brazilian commerce partners/members interested in advertising that offer rates up to 35% off regular rates. There is also an opportunity to be profiled in the editorial if you are involved. The rates include the report appearing online at globeandmail.com; it will be prominently featured for a period of 7 days then archived for 3 months. Richard Deacon National Business Development Manager The Globe and Mail 1-604-631-6636 CTVglobemedia This newsletter has been brought to you in part by: And The BCCC Communication Committee: Almeiri Santos and Daniela Pinto. For all the latest in news relating to the Brazilian economy and its relationship with Canada visit Real Trade Magazine at: www.realtrademagazine.com For suggestions or comments about our BCCC Bulletin feel free to contact us at bccc@iecanada.com If you do not wish to continue receiving the BCCC Bulletin, contact bccc@iecanada.com Type in Unsubscribe in the Subject line. Disclaimer - BCCC Bulletin is provided as an information service to our members and key contacts. It is designed to provide the most up-to-date trade information from a variety of sources. The information we feature does not necessarily reflect the Chamber’s opinion on a given international trade issue. Although we endeavour to disclose accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. The Brazil-Canada Chamber of Commerce cannot assume any responsibility for actions taken solely or principally on the basis of information provided. |