Trade, Diversity & Inclusion
This month, I discuss new action on the bilateral trade front and the issue of diversity and inclusion as applicable to addressing the representational gap of women, racialized and black people on boards and senior management positions.
The sudden spurt in bilateral exchanges is a clear indication, Canada and India are committed to meaningfully engage and take their trade ties on to higher trajectory. As per some estimates, trade and Canadian portfolio investments have crossed $80billion, and Indian diplomats say that it has the potential to reach $100 billion, given the right push.
Diversity & Inclusion
I had the privilege of participating in a roundtable discussion initiated by Minister Navdeep Bains’s Ministry of Innovation, Science, and Industry on enhancing diversity and inclusion on company boards and senior management. Termed the 50/30 challenge, the initiative seeks to enhance the presence of under-represented gender and ethnicities on corporate and public boards and senior management levels.
Read more: President's Views
Programs & Events
Ontario-Uttar Pradesh Trade & Investment Collaboration Initiative
Hon Vic Fedeli
Ontario's Minister of Economic Development, Job Creation and Trade
Hon. Sidharth Nath Singh
Uttar Pradesh's Minister of MSME, Export Promotion
& Khadi and Village Industries
Followed by a panel discussion, featuring
Hon. Nina Tangri, Ontario's Parliamentary Assistant to Minister of Economic Development, Job Creation and Trade
Dr. Aditya Jha, Indo-Canadian Serial Entrepreneur, Industrialist, Investor
Satish Srivastava, CMD - Nilansh Group
Shri Lal Gupta, MD - BNSR group company
Jatin Verma, Director, JSV Motors & Construction Pvt. Ltd.
Register here: ON-UP Collaboration
Elspeth Heyworth Centre for Women's Virtual Gala
Support Elspeth Heyworth Centre for Women
In the News
Making Ontario Better for People & Smarter for Business
Reducing Regulatory Burdens to Support Economic Recovery & Growth
The Ontario government continues to deliver on its commitment to remove regulatory roadblocks, cut red tape and support job creation with the introduction of the Better for People, Smarter for Business Act, 2020. The legislation is part of the province’s made-in-Ontario plan for growth, renewal and economic recovery.
The bill was introduced in the Legislature on 6 October by Prabmeet Sarkaria, Associate Minister of Small Business and Red Tape Reduction. If passed, the act will strengthen Ontario’s economic recovery, support businesses on the ground, and help government deliver clear and effective rules that promote public health and safeguard the environment without sacrificing innovation, growth and opportunity.
Read more: In the News
What India Eats?
Joint endeavour of
Indian Council of Medical Research-National Institute of Nutrition
Diet plays a crucial role in determining the health and nutritional status of the population. The dietary diversity of a food plate is determined by several factors such as personal factors and environmental factors. Keeping this in view, an attempt has been made to understand (i) region wise food groups consumption and macronutrient intake (ii) contribution of different food groups to energy, protein, fat and carbohydrates (iii) proportion of population consuming energy obtained from various food groups as per ICMR- NIN “My Plate for the Day” recommendations (iv) region-wise variations in the prevalence of obesity and hypertension (HTN) and diabetes (T2D).
Region wise information on dietary consumption in terms of food groups is essential for developing an appropriate region specific food based strategies for tackling the triple burden of malnutrition in India with diverse cultural and food behaviour practices. Also, it would help in evolving inter-ministerial convergence related to production, processing, distribution, availability etc., for ensuring food and nutrition security to achieve ’zero hunger' by 2030.
Read more: Insight
Avoid the Five Mistakes Investors Make in Tough Markets
- Setting unrealistic investment objectives
- Buying high and selling low
- Acting on tips and hunches
- Putting all your eggs in one basket
- Ignoring tax consequences and trading costs
Rakesh Vijay's Money Talk
As a result of an internal decision by RBC Insurance and Aviva General Insurance to discontinue group insurance, the ICCC's Affinity Partnership with RBC Insurance for Home and Auto Insurance will be concluding in November 2020.
The discount offered to ICCC members for new policy will not be available from 15 November 2020. For ICCC members who have already availed of the discount, the cancellation date will be 21 January 2021.
ICCC members are still able to obtain the discount up until 15 November and those policies renewing before 21 January 2021 – will continue to obtain the Group Home & Discount until their next year renewal.