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NEWS RELEASE · 1st March 2010
Minister International Trade
More than Olympic athletes will be returning home from Vancouver on Monday with a first-place impression of Canada, says the Honourable Peter Van Loan, Minister of International Trade, at the conclusion of the Global Business Leaders Initiative.

“The 2010 Olympic Winter Games showed the world that Canada provides great competitive advantages to those seeking to do business,” said Minister Van Loan. “International investors saw that The Economist was right to declare Canada the best place to invest in the years ahead. Our banking system has been ranked the most stable in the world, we have a highly educated workforce, we enjoy a high quality of life and we are on track to lead the G7 in economic growth in 2011. Canada is a first-rate destination for investment.”

The Global Business Leaders Initiative was a two-week investor outreach program led by Minister Van Loan during the Olympics. It included a series of business round tables, as well as one-on-one meetings between Minister Van Loan and global business leaders. The initiative attracted international media attention, successfully highlighting Canada’s commercial strengths and investment advantages to the world.

As part of the program, Minister Van Loan hosted the Global Business Leaders Day, a full-day signature event attended by 115 top business leaders and senior political representatives. Mohamed El-Erian, CEO and Co-Chief Investment Officer of PIMCO, and Richard Florida, author and professor at the University of Toronto’s Rotman School of Management, delivered keynote addresses.

“This event provided a wonderful opportunity to network with business people from around the world, as well as with Canadian political leaders,” said David T. Fung, Chairman and CEO of ACDEG Group in Vancouver, one of the participants. “The insightful panel discussions put a spotlight on why Canada is truly a great place in which to live, invest and prosper.”

Minister Van Loan concluded, “Canada is well placed to emerge from the global economic downturn stronger than ever. Our government is making new investments that will create jobs and prosperity for communities across the country.”

The Government of Canada will continue its investment outreach activities well after the 2010 Winter Games, through its network of embassies and offices abroad, and at high-level international events taking place in Canada and abroad in 2010.
For multilingual, comprehensive information on Canada’s many investment and business advantages, please visit Invest in Canada.