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Cover StoryBC Trade Mission Led byPremier Clark Visiting China & IndiaAround 250 representatives from more than 120companies and organizations representing sectorssuch as mining, energy, forestry, seafood,transportation and education will participate in theupcoming Province-led jobs and trade mission toChina and India, British Columbia Premier ChristyClark has announced."The delegations travelling to China and India are thelargest in the history of the province, and represent thewidest range of sectors to ever participate in aprovincial trade mission," said Premier Clark. "We'resetting out with three goals in mind: strengthening ourexisting relationships in the Asia-Pacific region;opening new doors; and setting the stage for futureopportunities with China and India."continue to build on the historic, cultural and businessties between British Columbia and the peoples of Chinaand India."Thanks to our ability to successfully export ourproducts, especially to China, Adanac Seafood is nowlooking to double the size of its operations and moveinto larger facilities," said Betty Luong, Manager ofAdanac Seafood. "We look forward in participating inthe Province's trade mission, to help our company growand open new doors for B.C.'s seafood products."Premier Clark, along with Ministers Bell and Thomson,will depart Vancouver on 4 November for China. Areasof focus in China are transportation, internationaleducation, mining, forestry, liquefied natural gas,seafood promotion, and technology. The Premier willmeet with government officials and business leaders inBeijing, Shanghai and Guangzhou.Both Ministers Bell and Thomson will accompany thePremier on portions of her itinerary, but will also embarkon separate programs. Minister Thomson will also visitJapan, while Minister Bell will travel to Hong Kongbefore returning to B.C.The Premier will leave China for India on 10 Novemebr,along with Health Minister Mike de Jong. In India theywill meet with government and business leaders inDelhi, Mumbai, Chandigarh, Amritsar and Bangalore.While in India, the focus will be on mining investment,life sciences, technology, green energy, internationaleducation, and forestry.The Premier and delegations will meet withgovernment, business and industry leaders in bothcountries, as well as hosting hundreds of officials atbusiness functions. Premier Clark will also participate ata panel session with Indian provincial chief ministers atthe World Economic Forum India Summit, which ismeeting in Mumbai. Premier Clark arrives back inIn addition to expanding trade and commerceopportunities between B.C. and these important Asianmarkets, the jobs and trade mission will seek to attractnew investment into the province, promote B.C. as a British Columbia on 18 November, 2011.destination for international students and tourists, and08Indo-Canadian Business October - December 2011
EconomyInfrastructure Gets Top Priority inCanadian BudgetThe primary objective of Canada's 2011 FederalBudget was to reduce deficit by increasing spending inseveral areas. One of the areas identified isinfrastructure. As part of economic development ingeneral, Canada recognizes the importance ininvestment in public infrastructureIn 2007, the government launched the BuildingCanada plan, supported by $33 billion in federalfunding over seven years. The Building Canada planconsists of a suite of programs to meet infrastructureneeds across the country, including:• Gas Tax Fund and full rebate of the Goods andServices Tax paid by municipalities, which providepredictable long-term funding for municipalities.• Provincial/Territorial Base Funding Initiative, whichprovides $25 million per year for each provinceand territory.• Building Canada Fund, which supportsinfrastructure projects across Canada• Gateways and Border Crossings Fund and theAsia-Pacific Gateway and Corridor Initiative tostrengthen trade-related infrastructure.• Public-Private Partnerships (P3) Fund, the firstCanadian infrastructure fund dedicated to P3sIn response to the global recession, the Governmentintroduced stimulus initiatives under the EconomicAction Plan to increase infrastructure spending duringthe 2009 and 2010 construction seasons. Theseprojects are expected to be completed by the end ofOctober 2011. It claims to have spent $7.7 billion onalmost 8000 projects across the country.The 2011 Budget makes important investments inpublic infrastructure and supports the use of publicprivatepartnerships in delivering infrastructureprograms and projects.$2 billion annual investment inmunicipal infrastructureTo provide greater certainty to provinces, territories andmunicipalities, the 2011 Budget proposes to legislate apermanent annual investment of $2 billion in municipalinfrastructure through the Gas Tax Fund.Public-private partnershipsThe government believes that Public-privatepartnerships (P3s) have demonstrated their ability toproduce value for taxpayers in the delivery of publicinfrastructure and plans for Canada to be a leader inP3s. In 2008, the government established PPP CanadaInc. to increase the effective use of P3s in Canada.From now on, all federal infrastructure projects creatingan asset with a lifespan of at least 20 years and havingcapital costs of $100 million or more will be subjectedto a P3 screen to determine whether a P3 is a suitableprocurement option. Federal departments will also beencouraged to consider a P3 approach for other typesof project and service procurements.Increased federal funding forinfrastructureAs a result of these investments, the government claimsthat the amount of federal funding available toprovinces, territories and municipalities forinfrastructure projects will be close to $11 billion in09Indo-Canadian Business October - December 2011
Page 1 and 2: October - December 2011On the FAST
Page 3 and 4: IssueT s In hiCover Story05Minister
Page 5 and 6: Cover StoryInfrastructure, Energy,
Page 7: Cover Storystrategy as part of the
Page 11 and 12: InterviewQuébec Can Meet India's G
Page 13 and 14: FocusIndian Economic Growth Hinges
Page 15 and 16: Focusto grow to 400 million by 2020
Page 17 and 18: Analysiszones across India. Further
Page 19 and 20: Perspectiveeffective results.R&D in
Page 21 and 22: FeatureBombardier Helps India Rise
Page 23 and 24: FeatureExpanding Delhi Metro Acquir
Page 25 and 26: AvenuesPunj Lloyd Building Sikkim's
Page 27 and 28: EventCanadian Transportation Excell
Page 29 and 30: AccoladeMontreal-born Doctor GetsPo

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