Canadian Commercial Corporation

Canadian Commercial Corporation

May 13, 2008 16:00 ET

Canadian Commercial Corporation Holds First Annual Public Meeting

TORONTO, ONTARIO--(Marketwire - May 13, 2008) - The Canadian Commercial Corporation (CCC) held its first Annual Public Meeting today attracting participants from Canadian companies, government, business associations, non-governmental organizations, academia and the public. Mr. Alan R. Curleigh, Chair of the Board of Directors of the Canadian Commercial Corporation (CCC) strongly supported the Corporation's business direction and sound governance in his opening remarks.

"Our continued growth in defence and emerging and developing markets has well-positioned CCC to meet its mandate of helping Canadian exporters access foreign government procurement opportunities for the years ahead and we will be striving to reinforce this as we go forward" explained Alan Curleigh. "I am confident that CCC's sound governance, its excellence in contracting and its risk management practices will result in increased international trade for Canada."

CCC President and CEO Marc Whittingham explained CCC's role in promoting and facilitating international trade on behalf of Canadian industry. CCC's business model is focused on bringing together foreign government buyers and Canadian exporters, by continually building unique relationships, and maintaining the necessary expertise to position Canadian exporters to successfully compete in a changing and challenging global marketplace. "CCC concentrates in areas where there is a role for government, areas that are sensitive or that require specific procurement guidelines - particularly in defence and emerging and developing markets." said Mr. Whittingham.

Robert Ryan, CCC's Vice-President for Defence, gave an overview of CCC's activities in international defence markets. He detailed the long-standing relationships between Canada and our greatest ally, the United States, and the challenges that come with continually maintaining a strong and integrated North-American defence industrial base. On the topic on international defence procurement, Ryan reported on the important in-roads made with other allied militaries seeking to source Canadian military goods and services.

For his part, Pierre Lemay, Vice-President for Emerging and Developing Markets presented the Corporation's approach to developing additional business in key Canadian areas of expertise, such as infrastructure, energy and manufacturing, and facilitating new business for Canadian markets in various public sectors abroad. Mr. Lemay also provided an update on the progress of works for one of CCC's largest infrastructure projects, the New Quito International Airport, which is due to be completed in 2010.

Headquartered in Ottawa, the Canadian Commercial Corporation (CCC) is a federal Crown corporation mandated to promote and facilitate international trade on behalf of Canadian industry, particularly within government markets. The Corporation's two business lines are structured to support Canadian companies contracting into the defence sector, primarily with the United States, and Canadian exporters contracting into emerging and developing country markets. CCC manages over $1 billion of export contracts, and is able to offer exporters exceptional access to foreign government procurement opportunities through its government-to government contracting and procurement services.

The CCC reports to Parliament through the Minister of International Trade.

Visit www.ccc.ca/apm to view the presentations.

Contact Information

  • Canadian Commercial Corporation
    Emilie Girard-Ruel
    Communications Manager
    613-947-0390