Canadians eye opportunities in Brazil’s booming economy
By Marcelo Vital
Brazil and Canada have been good friends for a long time. But, lately, their partnership and interest in each other have been growing stronger. Trade investments have spiked both ways and new “open-skies” agreements are connecting more and more Brazilians and Canadians.
And the Consul General of Canada in Brazil, Abina Dann, thinks this is just the beginning. Ms. Dann has served abroad as a trade commissioner in São Paulo, The Hague and New York, opened Canada’s Trade Office...
The growing interest of foreigners come to Brazil, taking advantage of the good economic times the country, led the government to change immigration policy.
After two decades exporting manpower to the world, Brazil has returned to a country of immigrants. According to the Ministry of Justice, the number of foreigners living in Brazil, working or studying exceeded for the first time in 20 years, the number of Brazilians who leave the country to live abroad for the same reasons.
The multinational online recruitment Monster said that about 80,000 foreigners...
By José Francisco Schuster - Photo by Secom / Consulate of Brazil in Toronto
Brazil has a vast agricultural sector, namely as a coffee, orange juice, soya and canned meat exporter. In 2008, despite the global financial crisis, the country attained record agricultural production with a 9. 1% growth compared to the previous year.
The food and beverage industry grew a whopping 49% between 2005 and 2009, food imports increased 75% during the same period. The food sector experienced an average annual growth of 12. 4% and Brazilian retail experienced an average annual growth of 14. 5%. What concerns...
By Flavia Agnello - Photo by Votorantim (Fortaleza de Minas,MG)
The mining sector will be responsible for the greatest private investment boom in Brazil during the 2011- 2015 period, with contributions amounting to $68.5 billion, according to a study carried out by the Brazilian Mining Institute (Ibram) on Brazilian mining companies. Investments in iron ore reach approximately $45 billion, as it is the key export in its sector. Ibram´s president, Paulo Camillo Penna says that increased interest for mining projects is due to an increase in demand for the product, in addition to an increase...
Export Development Canada, or EDC, is Canada's export credit agency, a government institution that offers financial services to Canadian exporters and investors interested in doing business abroad. They provide financing, insurance and bonding services, as well as foreign expertise in more than 200 markets worldwide and last year, facilitated $24.7 billion of Canadian trade in emerging markets.
Coincidentally that is one of the hottest emerging markets these days in Brazil as well. With financial and political instability taking over other international markets, South America – especially...
LABATT FOCUSES ON RESPONSIBLE DRINKING
By Leila Monteiro Lins
Considered the largest brewer in Canada, Labatt was the first brewery in the country to launch a responsible drinking program and to introduce a “near-zero alcohol” beer. By the end of 2011, the company plans to launch a new moderation campaign with billboard ads across Canada inviting Canadians to take a pledge to not drink and drive. In this interview with Discover Brazil, Brazilian-born Rafael Gonçalves, Labatt’s vice-president of finance, explains how Labatt has dealt with competition and social...