Canada’s Growth Quickens, Led By Prairie Provinces

Canada’s economy has likely firmed – thanks to solid domestic demand – after lacklustre growth through the first half of the year.A report on gross domestic product out Friday is expected to show third-quarter economic activity quickened to an annual 2.5-per-cent pace after growth of 1.7 per cent and 2.2 per cent, respectively, in the previous two quarters. –

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RBC Blue Water Project announces deadline for 2014 Leadership and Community Action Grants

TORONTO, November 18, 2013 — RBC Blue Water Project today announced that expressions of interest for Leadership Grants and Community Action Grant applications for 2014 are now being accepted.
 
Since most of the world’s population now lives in urban centres, increasing the strain on water resources in these regions, the RBC Blue Water Project will continue to focus its support for initiatives that help protect and preserve water in towns, cities and urbanized areas.
 
The urban water focus applies to both Community Action Grants ($1,000 to $10,000) and Leadership Grants ($10,001 to $100,000). Organizations with projects in any of the countries and regions in which RBC is located, including Canada, the United States, the Caribbean, the British Isles, and Asia Pacific may qualify for funding.
 
RBC has also streamlined the process for grant applications. For the first time, RBC will ask interested organizations to submit their full application and forms online.
 
Expressions of interest for RBC Blue Water Project 2014 Leadership Grants are being accepted until December 20, 2013. Applications for Community Action Grants are also available online and due on February 3, 2014.
 
        Information, application guidelines, and new online application system can all be found atwww.rbc.com/bluewater. All amounts are in Canadian dollars unless otherwise noted.
 
About RBC Blue Water Project
        The RBC Blue Water Project is an historic, wide-ranging, 10-year global commitment to help protect the world’s most precious natural resource: fresh water. Since 2007, RBC has pledged over $38 million to more than 650 charitable organizations worldwide that protect water, with an additional $7.8 million pledged to universities for water programs. The RBC Blue Water Project is focused on supporting initiatives that help protect water in towns, cities, and urbanized areas. For further information, visit www.rbc.com/bluewater.
        RBC supports a broad range of community initiatives through donations, sponsorships and employee volunteer activities. In 2012, we contributed more than $95 million to causes worldwide, including donations and community investments of more than $64 million and $31 million in sponsorships. 

2014 Deloitte China Sustainability Awards

We are proud to announce the launch of the Deloitte China Sustainability Awards, an initiative supported by The United Nations Development Programme (UNDP) with the aim to encourage and reward best-practice corporate sustainability among multinationals in China. With sustainability’s growing importance in China, this is a dynamic and exciting time for the development of local sustainable corporate practices and we are proud to contribute our grain of sand to rewarding companies who are not only bringing experience and expertise they have gained in developed markets but are also ready to find innovative solutions to tackle their China specific challenges.

The awards recognize companies’ achievements in adopting sustainable business practices under five standard categories, namely leadership, innovation, environment, social performance and community investment. In addition, there will be one theme categoryfocusing on an area of sustainability of particular relevance each year and this year’s award under the theme of “Water Stewardship” will be presented to the company that best demonstrates a leadership approach to water management.

The high profile awards presentation ceremony will offer all participating companies excellent experience-sharing and networking opportunities not only among multinationals, but also with key government bodies, foreign diplomatic missions, foreign chambers of commerce and industry associations in China.

Click here for information on how to nominate!

Regal Airport Hotel Awarded The Best Airport Hotel in the World and Asia Pacific Again 2013

Regal Airport Hotel Hong Kong was again awarded the Best Airport Hotel in Asia-Pacific voted by readers of Business Traveller Asia-Pacific for the thirteenth consecutive year and the Best Airport Hotel in the World by Business Traveller UK edition for the sixth consecutive year.

To celebrate the numerous awards received recently, Regal Hotels International has organized a celebration party at Regal Airport Hotel on November 21, 2013 with the presence of Chairman and Chief Executive Officer, Mr. Y.S. Lo, and Executive Director, Ms. Poman Lo.  The fantastic Celebration Party included performances of amazing water drums, Dance carnival of Brazilian dance, Can Can, Chicago and New York New York; singing performances by talented singer Ms Becky Lee, Ms Chan Man Ting and Ms Fanny Ip.

“It is a remarkable accomplishment and we are proud to be number 1 again as the finest airport hotel around the globe. We have the confidence to keep this up and see you all next year for another celebration.”, said Ms. Poman Lo, Executive Director of Regal Hotels International.

Every year, Business Traveller Magazines invited the most discerning and experienced travellers worldwide to vote for their favourite performers in the travel and hospitality industries.  As such, the awards are considered as one of the most recognised among travellers and travel industry around the world.

Between April and May 2013, Business Traveller UK dispatched 25,000 polling forms to their magazine subscribers while Business Traveller Asia-Pacific sent out polling forms to their subscribers from April to June this year, the response rate of the Business Traveller UK polling was 15% and the results were compiled by market research leader Business Intelligence Partnership.

The multi-award winning Regal Airport Hotel Meeting & Conference Centre is the only hotel connected directly to the passenger terminal of Hong Kong International Airport by an enclosed link bridge. It is just 24 minutes from the Central and 1 minute from the adjacent AsiaWorld-Expo Convention Centre via the Airport Express Line, while the nearby Hong Kong Disneyland is within an easy access by hotel limousine and public transportation.

The Hotel provides superb accommodations with 1,171 rooms, state-of-the-art meeting and banquet facilities including Hong Kong’s largest pillar-free hotel ballroom and 30 function rooms, authentic cuisines with 6 restaurants and bars, and a complete range of recreational facilities featuring an outdoor pool and indoor heated pool and a luxurious spa.  To provide even greater convenience, guests can now complete their airline check-in process by using one of the two “Self Check-in” kiosks located at the hotel concierge of the hotel.This year we join our other Regal Hotels in Hong Kong are presented Bronze Benchmarking Certificate from EarthCheck; our hotel Halal kitchen has received Halal Certification providing Muslim meal choice to our guests.  In appreciation of this accolade the hotel will continue the service and product improvements, whilst capitalizing on the already unparalleled location.

CNOOC Limited to Examine LNG Development in British Columbia

CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that its wholly-owned subsidiary Nexen Energy ULC (Nexen), has entered into an exclusive agreement with the Government of British Columbia, Canada to examine the viability of constructing a liquefied natural gas (LNG) plant and export terminal at Grassy Point near Prince Rupert, British Columbia, Canada.

The agreement with the Government of British Columbia, represented by the Ministry of Forests, Lands and Natural Resource Operations, grants Nexen and its joint venture partners INPEX Corporation and JGC Corporation, the exclusive right to pursue long-term access to Crown land at Grassy Point.

To read the full article please click here.

Canada Has World’s Most Satisfied Workforce

Canada tops the list as the most satisfied workforce in the world, a new survey shows.

The Monster.ca survey released Monday shows nearly two-thirds (64 per cent) of Canadian workers either love or like their jobs a lot.

And almost one quarter, or 24 per cent, love their jobs so much they would do them for free, says the survey done by the popular job-seeking website, along with independent global research company GfK.

Only seven per cent said they do not like or hate their current employment in Canada, while more than double the number of U.S. workers surveyed felt the same.

To read the full story please click here.

Canada Dollar Touches Highest in Week on China Economic Reforms

The Canadian dollar rose to the strongest level in more than a week as the outlook for the nation’s commodity exports improved with China’s pledge to expand economic freedoms.

The currency reached its high of the day against the U.S. dollar after a report showed total foreign investment in Canadian securities increased to the highest level in five months. Risk appetite gained after China’s leaders vowed to allow more private investment in state-controlled industries and expand farmers’ land rights as part of the biggest package of economic reforms since the 1990s.

To read the full article please click here.

 

Canada Leading In Movember Fundraising

Movember moustaches are looking a little fuller, as the popular campaign – which raises money and awareness for men’s cancers below the waist – moves into its final two weeks.

Since its humble beginnings in Australia nearly ten years ago, the cause has captured Canadians’ hearts – and their upper lips. Jonny Sullivan, Edmonton Movember Committee Co-Chair, has seen first-hand how the movement has grown in our country since making its way here in 2007.

To read the full article please click here.

Tax treaty makes Hong Kong the investment key to North America

As the Canadian government seeks to revive Chinese investment in Canada, a lawyer says a new Canada-Hong Kong tax treaty due to come into effect next year could make the city a channel for investment in North America.

Chinese investment in Canada has slowed since a major deal in February, but the premier of the province of British Columbia, Christy Clark, plans to highlight opportunities in liquefied natural gas during a 13-day trade mission to China beginning on November 21 while promoting her province to Chinese firms.

To read the full article please click here. 

CanCham Welcomes its Newest Members

The Canadian Chamber of Commerce in Hong Kong is proud to welcome Ontario Teachers’ Pension Plan, B+H Architects, United Overseas Bank & Sport 4 Kids to its membership.

Ontario Teachers’ Pension Plan

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Ontario Teachers’ Pension Plan is Canada’s largest single-profession pension plan, with roughly $129 billion in net assets. Teachers’, as the plan is known, pays pensions and invests plan assets on behalf of 303,000 working and retired teachers in Ontario, which is Canada’s most populous province.

Teachers’ took on its present form in 1990 and now has more than 900 employees at four offices – head office in Toronto, plus regional offices in New York, London and Hong Kong. As well, our real estate subsidiary, Cadillac Fairview Corp., has about 1,500 employees.

Teachers’ has been a pioneer among pension plans in many ways. For example, instead of outsourcing our investments to third-party asset managers, we hired top investment professionals to invest the plan’s assets in a variety of areas. As a result, our investment teams have earned an annualized rate of return of 10.1% since 1990, which puts us first among our global peers. We have earned those returns with a cost of investment of 0.3%, which is extremely low compared with any other kind of investment activity.

Among pension plans, we have also led been innovative in our use of unconventional investments. Teachers’ was the first pension plan to invest in hedge funds and infrastructure assets. Both investments have become commonplace for big institutions such as pension plans, owing to Teachers’ initial foray and investing success in these areas.

Key to Teachers’ success over the years is our belief in the importance of relationships, which are pivotal to the way we do business. We build success together with our partners through cooperation, trust and transparency.

B+H Architects

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B+H is an award-winning, full-service architecture firm recognized for excellence in sustainable design, technical expertise and the delivery of complex, large-scale projects. Headquartered in Toronto, Canada, B+H was one of the first foreign firms to establish a presence in China, opening an office in Shanghai in 1992. Today in Asia, B+H has evolved into a full-service architecture practice with more than 200 employees, designing for retail, commercial, mixed-use, residential, healthcare, hospitality and transportation projects. In addition to Hong Kong, the firm has offices in Shanghai, Beijing, Singapore and Ho Chi Minh City.

United Overseas Bank

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United Overseas Bank (“UOB”) was incorporated on 6 August 1935 as the United Chinese Bank. Founded by Datuk Wee Kheng Chiang, the Bank catered mainly to the Fujian community in its early years. The change of name was effected in 1965. Over the years, UOB has grown from strength to strength. Through a series of acquisitions, it is now a leading bank in Asia. Besides Far Eastern Bank in Singapore, UOB’s major banking subsidiaries in the region are United Overseas Bank (Malaysia), United Overseas Bank (Thai), PT Bank UOB Buana and United Overseas Bank (China). Today, the UOB Group has a network of over 500 offices in 19 countries and territories in Asia Pacific, Western Europe and North America.

Sports 4 Kids

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Sport4Kids offer the widest range of sports classes to the broadest age range across Hong Kong. Our programs start for children as young as 18 months, and we coach all the way through to secondary school sports teams. Sport4Kids classes offer secure and non-competitive environments for learning sports.

Our philosophy is to teach through encouragement and praise. We strive to enhance each child’s self-esteem while also supporting their development and sports education. Our four guiding principles are: Learning, Health, Friendship and Fun.