We return for an update on the innovation ecosystem in Southern California. Eric Eide, Managing Director of our partner, Pasadena-based Alliance for Southern California Innovation, shares their latest research on this topic prepared in partnership with Boston Consulting Group. The fresh insights reveal exciting trends in SoCal's startup and VC landscape, the growth of our world-class academic institutions, and how Southern California compares to other major tech hubs such as the Bay Area, Boston and New York City.
Carpe Diem Canada! - Seizing the Moment for Canadian Companies to Invest in Los Angeles
Los Angeles will be welcoming the world for global events in the coming years including the Summer Olympic and Paralympic Games in 2028. We are honoured to hear from Terri Batch, CEO of Global LA, for some perspectives on the opportunities awaiting Canadian businesses in the Greater LA region which include leveraging all that our USMCA/CUSMA free trade agreement offers.
Colorado and Canada - Growing Together
In the vast expanse of North America, Canada and Colorado represent two distinct yet interconnected regions with a thriving economic relationship. Though separated by thousands of miles, the economic ties between the Canadian provinces and the Centennial State have strengthened over recent years, reflecting a robust partnership that spans various industries from natural resources to technology. This article delves into the intricate economic relationship between Canada and Colorado, highlighting key sectors of interaction, diplomatic ties, and the future outlook for this transnational partnership.
The Ability to See What Needs to Be Seen
In the early days of MAPLE® Business Council, we had the pleasure of meeting and later collaborating with Linda DiMario who at that time was the Executive Vice President of the Greater Irvine Chamber in Orange County, California. In Linda, we found a kindred spirit in promoting what makes Greater Irvine and OC a great place to live and do business as we pursued our respective outreach to Canada and the United Kingdom. Among her other pursuits, Linda is now Director of Community Engagement at the Octane organization and we asked her if she would share some insights from her distinguished career in economic development that spans the U.S. and which has also led to the building of many key economic bridges internationally. We are grateful that Linda accepted our invitation.
California Dreamin: Turn It Into Reality
We are equally excited and honoured to share insights on the California market from Cynthia Coulter, Managing Principal of Los Angeles-based Aleksandra Corporation. As a "business spirit guide", Canadian expat, and a long-time MAPLE Executive Member, Cynthia has helped businesses of all sizes to enter new international markets with a focus on California. A big thank you to Cynthia for taking the time to share with us some of her market insights along with a window on her own journey to Southern California for our August issue.
Riverside County: Where You Create Your Own Venture
Riverside County has strategically established itself as a focal point for clean energy initiatives, advancements in HealthTech and Life Sciences, Agtech and Climate Tech. Riverside County is experiencing explosive growth and has immense opportunity for entrepreneurs looking to take their business to the next level. Find out why Riverside County is a thriving hub for businesses to grow and flourish.
Ontario, Canada: Pioneering the Future of AI and Innovation
And this month, Ontario International's Trade and Invest teams in California and New York profile the breadth of the artificial intelligence ecosystem in the Province. The roots of AI run deep in Ontario, spanning over three decades to the groundbreaking work of Geoffrey Hinton, the esteemed scientist from the University of Toronto who pioneered neural nets.
Today, the confluence of public and private investment, policy, talent, higher education, and innovation are continuing to advance AI innovations and future technological breakthroughs within the AI domain.
The Time is Right for US Expansion - But Do You Have the Right Strategy?
This month our look north and south across the Canada-U.S. border starts with getting an expansion to the U.S. right. As Paula Cruickshank, Senior Vice President, Ontario at the Business Development Bank of Canada shares, when the time is right for U.S. expansion, you need to ensure you also have the right strategy. Paula discusses how even when Canadian businesses are well positioned for U.S. expansion, having the right strategies and fundamentals in place is still critical for success. And she shares insights into how to get it right.
The Fighting Against Forced Labour and Child Labour in Supply Chains Act
You may not be aware that 2024 ushered in Canada's modern slavery legislation, the Fighting Against Forced Labour and Child Labour in Supply Chains Act which came into force on January 1, 2024. With the Act, Canada introduced reporting obligations to combat modern slavery in the supply chains of many businesses and other "entities" with connections to Canada. Lindsay Clements and Jennifer Wasylyk, Partners at Cassels Brock & Blackwell LLP, profile this important legislation for us.
Doing Global Business in These Times
Doing business cross border has significantly changed due to the pandemic. This article looks at changes in doing global business in recent years from a practitioner's perspective, specific trends and factors that impact successful brand entry into a new country and how several countries where you might take your business are expected to do economically in 2024. Data referenced in this article is sourced from the EGS Global Business Bi-Weekly Newsletter, monitoring over 40 online information sources, visiting many of the countries listed post-pandemic and input from the EGS network of in-country associates who live and work in their economies.
San Bernardino County is Open for Business
San Bernardino County is open for business! This is the premise the County had the pleasure of promoting while hosting a “Growing Global Partnerships” roundtable and tour with the MAPLE Business Council and Canadian business leaders in August. With Canada consistently a key market for international trade and foreign direct investment, the County was honored to share information regarding its many business advantages, learn more about Canadian business initiatives, and support the MAPLE Business Council by becoming a member.
Trade with a View: Perspectives of International Bridges
Have you ever wondered what keeps the heartbeat of Canadian-American trade pulsing? Look no further than Canada's international bridges, the spectacular landmarks that serve as the lifeblood of our economic relationship with the United States. The Federal Bridge Corporation Limited (The FBCL), a Canadian federal Crown corporation, shoulders the responsibility of many of these vital arteries, maintaining them to be open every second of every day, all year round, at strategic locations like Sault Ste. Marie, Point Edward, Lansdowne (Thousand Islands), and Cornwall, Ontario.
The World Needs More Canada...Still
The world needs more Canada... still.
That’s what I thought when old friend Clark Grue, CEO of Rainmaker Global Market Access, invited me late last Fall, to co-found and Chair, Celebrate Canada Worldwide; a not-for-profit committed to bringing Canada to the world stage. After 30 plus years dedicated to representing the country I love, I just couldn’t resist.
Six months later, on June 29, 2023, following a 10-year hiatus and a global pandemic, our flagship event, "Canada Day London" made its triumphant return to Trafalgar Square. 30,000 of our closest friends came together to soak in the goodness of Canadian culture, making it the largest Canada Day celebration in the world outside Canada.
Fast in the 6: In Uncertain Times, Stronger Together
Worldwide, we had observed the rise of “populist” movements and wondered how much they could take hold. Populism on any end of the political spectrum can be dangerous. The simplicity of the message is good at capturing raw emotions, but ultimately just reflections of false prophethood that don’t offer real solutions to real problems. It also leads to political sectarianism that excludes rather than unites when we all know we are always stronger together, especially in these uncertain times. Like many, Lisa and I stood wondering what this century will bring for our children. And how we might resist.
How about having everyone over for dinner?
The Latino GDP Project
The Latino GDP Project seeks to provide a factual view of the large and rapidly growing economic contribution of Latinos living in the United States. Gross Domestic Product (GDP) is a broad measure of economic activity, representing the value of all finished goods and services produced within a geographic area in a given year. GDP growth is a nearly universal summary statistic for the performance of an economy.
A New Revolution on Long Island
M&A into Canada: Five Areas of Interest for U.S. Buyers
Gesta Abols and Neil Kravitz, Co-Leaders of the Cross-Border and International Practice at Fasken together with Paul Blyschak, Counsel, identify 5 areas of interest that U.S. buyers should be aware of when pursuing M&A opportunities in Canada.
The authors point out that private M&A in Canada, as well as Canadian business practice, are very similar to the U.S. It is no surprise then that Canada is consistently amongst the most popular destinations for U.S. outbound investment.
AN OVERVIEW OF THE SOUTHERN CALIFORNIA COMMERCIAL REAL ESTATE LANDSCAPE
As we enter 2023, the commercial real estate world continues to prove it is not one story, but several unique narratives based upon geographic location and product type. While we all attempt to underwrite the markets based upon detailed analytics using the best information we have, like all asset classes, real estate is subject to many external factors that often cloud our crystal ball. The only real constant is change.
MAPLE® Business Council 2022 - A Year in Review
The Canadian Century? Time to Lace Up for the Big Game
Amidst the whitewaters of a pandemic, global supply chain issues, a war in Europe, and a global labour shortage, is this the time for Canada to lace up for the big game? Maryscott "Scotty" Greenwood, CEO of Washington D.C.-based Canadian American Business Council, explores how this moment in history is an opportunity for Canada to flex its inherent advantages to contribute to the good of the democracy-led, rules-based international order. It's a thought provoking read.