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Energy from the Earth - new media

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E DITORIALDear Reader,Greetings. The economies of India and Canada have withstood <strong>the</strong> onslaught of <strong>the</strong>recent global economic meltdown. With both countries celebrating 2011 as “TheYear of India in Canada”, <strong>the</strong>re have been hectic ministerial interactions andexchange of trade missions between <strong>the</strong> two countries in <strong>the</strong> last few months.Canada's Minister of Trade and Minister for <strong>the</strong> Asia Pacific Gateway Ed Fastundertook a week-long, four-city, India tour <strong>from</strong> 3 to 9 November, during which heheld discussions with representatives of <strong>the</strong> Government and business and industryassociations to boost <strong>the</strong> two-way trade and investment between <strong>the</strong> two countries.Minister Fast met his Indian counterpart, Minister for Commerce and Industry AnandSharma, for carrying forward negotiations on a Comprehensive EconomicPartnership Agreement (CEPA). A 250-member business delegation, led by BritishColumbia's youthful Premier Christy Clark would be visiting this country <strong>from</strong> 11 to 17November to project <strong>the</strong> economic strengths of her Province and to promotecollaborations in <strong>the</strong> fields of mining, energy, transportation and education. Thecover story of <strong>the</strong> current issue of Indo-Canadian Business highlights <strong>the</strong> visits of both<strong>the</strong> high-powered missions. Infrastructure is one area in which Canada is a leader ofglobal repute. No wonder infrastructure received <strong>the</strong> top most priority in Canada's2011 budget. However, it is in <strong>the</strong> area of infrastructure that India woefully lagsbehind and is in need of both investment and technology, both of which Canada canoffer. We present an assessment in this regard. In an exclusive interview to Indo-Canadian Business, Denis Leclerc, CEO of Ecotech Quebec, talks about how <strong>the</strong>Quebec Province holds a cutting edge in cleantech and can meet India's growingneeds in this specialized area. Canada has been ranked “<strong>the</strong> Best” among allcountries for doing business. We carry a report. The magazine presents a studyhighlighting <strong>the</strong> key role that infrastructure development plays in India's economicgrowth. The planet <strong>Earth</strong> is known to be an immense source of energy, which is yet tobe fully tapped. The magazine carries an analytical article, which projects India'simmense geo<strong>the</strong>rmal potential. We have in perspective an in-depth articleemphasizing that connectivity is a key component of infrastructure development.Canada's Bombardier is a name to reckon with in transportation and aerospace. Wepresent a feature on <strong>the</strong> company's consolidation in India, whose transportationrequirements are gigantic. Canada gives so much importance to transportation thatCanadian Transportation Awards Program (CTAP) has become one of <strong>the</strong> mostkeenly awaited events of <strong>the</strong> calendar. We present details of <strong>the</strong> 2011 transportationawards. Besides all this varied fare, <strong>the</strong> magazine contains <strong>the</strong> usual features, such as<strong>new</strong>s, etc.Wishing you happy Canada Day,Satya SwaroopManaging Editorsatya@<strong>new</strong><strong>media</strong>comm.biz04Indo-Canadian Business October - December 2011

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