Emerging markets are expected to continue leading global growth in 2013 and Brazil is a market where many companies and countries are seeking to explore. Trade and investment between Brazil and Canada continues to flourish with opportunities including in the infrastructure, energy and natural resources, technology and financial services sectors.
Heenan Blaikie, along with the Brazil-Canada Chamber of Commerce (BCCC) and The Department of the Foreign Affairs and International Trade Canada, partnered to co-host the first Brazil-Canada Innovation Science and Technology Forum in Toronto on February 6, 2013. Sponsored by HSBC Canada, the Forum attracted an oversold crowd of 110 attendees.
Opening remarks were delivered by The Honourable Gary Goodyear, Minister of State for Science and Technology. The Minister’s remarks were followed by a panel discussion on cooperation and opportunities between Brazil and Canada featuring Ambassador Afonso Cardoso (Consul General of Brazil in Toronto), Ted Hewitt, PhD (Canadian Co-Chair of the Canada-Brazil Science, Technology and Innovation Joint Committee) and Bharat Rudra (Country Manager for Brazil and India of International Science and Technology Partnerships Canada).
“Brazil is a very important market to Canada, as is Canada to Brazil.” said Marcelo König Sarkis, Chair of the BCCC Innovation, Science and Technology Committee and Patent Agent at Heenan Blaikie. “Trade and investment between the two countries have grown considerably over that last ten years and continue to grow with many opportunities available in the infrastructure, energy and natural resources, technology and financial services sectors. The various bilateral academic programs as well, are instrumental in laying the groundwork and solidifying our strong ties with Brazil. For an inaugural event to be over sold validates the relevance of Canada-Brazil relations.”
The Forum also provided attendees with an overview of the Canada-Brazil Framework Agreement for Cooperation on Science, Technology and Innovation which entered into force in both countries in 2010. The afternoon included breakout sessions for several industries (Cleantech, Energy and Resources, Live Sciences, and ICT) which encouraged the sharing of ideas and goals. The Forum concluded with a panel regarding academic partnerships and initiatives in Brazil and Canada.