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CONTRIBUTION · 6th January 2012
Minister of InternationalTrade
CEOs will help grow trade and investment ties with Brazil that will benefit Canadian businesses and workers, International Trade Minister Ed Fast says

The Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, today announced the six Canadian business leaders who will take part in the new Canada-Brazil CEO Forum to foster trade and investment between both countries.

Prime Minister Stephen Harper and Brazilian President Dilma Rousseff announced the CEO Forum and its co-chairs—Rick Waugh, President and Chief Executive Officer of Scotiabank, and Murilo Ferreira, Chief Executive Officer of Vale S.A.—during the Prime Minister’s official visit to Brazil in August 2011.

“The Canada-Brazil CEO Forum will help us to identify practical ways we can grow the trade and investment ties between our countries,” said Minister Fast. “Both our governments look forward to hearing from the forum on a wide range of matters that will help us deepen the Canada-Brazil partnership.”

“It is important for Canadian companies to continue to expand trade opportunities with high-growth and economically significant markets like Brazil,” said Mr. Waugh. “Canada and Brazil are linked by a history of cooperation, and this private-sector-led initiative will build on that by facilitating ongoing discussions among leading Canadian and Brazilian companies.”

The six new Canadian appointees to the CEO Forum are:

James L. Balsillie, Co-Chief Executive Officer, Research In Motion;

Pierre Beaudoin, President and Chief Executive Officer, Bombardier Inc.;

Tye W. Burt, Chief Executive Officer, Kinross Gold Corporation;

Charles Cartmill, President and Chief Executive Officer, LED Roadway Lighting Ltd.;

Ray Castelli, Chief Executive Officer, Weatherhaven; and

J. Bruce Flatt, Senior Managing Partner and Chief Executive Officer, Brookfield Asset Management Inc.

“Brazil is a neighbour in the Americas, a major global economic player and a priority market for Canada,” said Minister Fast. “It is important that we further develop our broad, dynamic and multi-faceted commercial relationship. Increasing and deepening trade and investment between Canada and Brazil will directly benefit Canadian workers, businesses and their families by creating jobs and prosperity and promoting economic growth, while also strengthening Canada’s competitive position within the global economy.”

The six participants were selected based on their ongoing interest in the Canada-Brazil commercial relationship, and commitment to strengthening the Canada-Brazil ties that will benefit businesses and workers in both countries. The Brazilian participants will be announced shortly.

The Canadian Council of Chief Executives, represented by its president and chief executive officer, the Honourable John P. Manley, will also participate in the forum as secretariat to the Canadian participants.

For more information about the forum, see PM announces Canadian co-chair of Canada-Brazil CEO Forum.