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Diversity & Inclusion Drive Thought Provoking Discussion at CACC Boardroom Briefing

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Demonstrating its support for diversity and inclusion, CACC Corporate Sponsor MinterEllison held a boardroom briefing in Melbourne, entitled Leadership Diversity – from token to turning point. Distinguished guests included visiting CEO of Business Council of Canada, Goldy Hyder, both High Commissioners from Australia & Canada and various senior Australian & Canadian executives across all business sectors. CACC Director, Lesley Gillespie OAM, welcomed the President and CEO of Export Development Canada (EDC), Mairead Lavery as guest speaker to share her perspective on the topic as a business leader driving change. “As a young girl, I really remember thinking there wasn’t anything I couldn’t do if I worked for it. I really did see the world as a place of possibility,” she said. Despite being raised by a working-class family, and being female, Ms Lavery was determined to go to university, get a good job and make her mark on the world. Having grown up in Belfast, Northern Ireland, she knows all too well the consequences of not having an inclusive community. “Growing up in Belfast, I learnt the value of neighbours and community; it was a place where you could rely on your neighbours to help you do something and that really speaks to community and to diversity and inclusion. Those values have stayed with me and those lessons and values helped me make the decision to join EDC.” “EDC is a place where we really strive to have diversity and inclusion – diversity of thought, diversity of our employees, and we truly want our employees to reflect the diversity of our customers.” Ms Lavery said she was incredibly proud to be the first female CEO in the organisation’s 75-year history and was working hard to ensure better gender diversity across the organisation. “We have gender diversity at all levels across...

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Canada Appoints New High Commissioner for Canada in Australia

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The newly appointed High Commissioner for Canada, His Excellency Mark Glauser was excited to be back in Australia, a place he remembers fondly from his younger years. Hosted by the Canadian Australian Chamber of Commerce, the High Commissioner met with CACC members, sponsors and partners in Melbourne, hosted at PwC offices. [caption id="attachment_4259" align="aligncenter" width="2560"] MELBOURNE, AUSTRALIA - DECEMBER 16 2019:CACC members reception at PWC on the 16th of December 2019 in Melbourne Australia. (Image/Martin Philbey)[/caption] He last visited Australia in 1987 as a backpacker, where he recalls attending a Billy Joel concert. Many things have changed in the 32 years since he last came down under. He said if you had asked him in 1987 who the big three powerhouses were, he would have said Ford, GM and Chrysler. But if you asked him today, he would say it is Facebook, Amazon and Google. “There are industries that are thriving today that didn’t exist in 1987,” Mr Glauser said. “In 2030 there are going to be companies that will be major influencers that don’t exist today, and maybe even industries that don’t exist today.” “This creates opportunities for businesses in Australia and Canada to capitalise on.” “You have to be agile enough to make the most of these opportunities. Smaller companies tend to be better at that than bigger companies.” Mr Glauser said he wanted to work with businesses to develop partnerships and maximise these business opportunities. “There is no better place to take advantage of these opportunities than through the Canada-Australia business partnership. I am delighted to be here to help make that happen and to walk that journey with you.” [caption id="attachment_4260" align="aligncenter" width="2560"] PICTURED (from left to right): Marc-Andre Hawkes, Consul & Senior Trade Commissioner - Canadian Consulate, Sydney, Melissa Wharton, CEO - CACC, H.E. Mark...

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The Rise of the Institutional Investor, a Canadian Australian Comparative

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PICTURED (from left): Doug Carmichael, CACC President, H.E. Natasha Smith, Australian High Commissioner to Canada, Minh Dao, KPMG Partner, Mairead Lavery, EDC President and Goldy Hyder, Business Council of Canada President.   Are Super Funds the Investment of the Future? On February 11, 2020 the Canadian Australian Chamber of Commerce (CACC) hosted a boardroom briefing, Rise of the Institutional Investor, a Canadian Australian Comparative. The event covered themes surrounding regulation & bureaucracy, environmental & social governance, and the flow of capital. CACC President, Doug Carmichael whom recently retired last year as CEO of Commbank Group Super facilitated the discussion with visiting guests Goldy Hyder, CEO of Business Council of Canada (BCC) and Mairead Lavery President of Export Development Canada (EDC). Opening remarks were made by Australian High Commissioner for Canada, Her Excellency Natasha Smith and the open discussion focussed on the trends changing the way in which asset owners are engaging with the corporate community both in Australia and in Canada.  Attendees included senior leaders from the Australian Superannuation Funds, Canadian Financial Services organisations, and industry stakeholders. The challenges Canadian investors are facing at home and the challenges Australian investors face when doing business in Canada were acknowledged, and a new scope surrounding the competitive landscape in Australia were discussed. Currently, co-investments between Canadian and Australian funds are rooted in infrastructure projects. However, there is room to grow for both countries to invest in mature development projects where better governance can be used to build stronger partnerships. Stakeholders Swati Dave, Managing Director of Export Finance and Insurance Corporation (EFIC) and Mairead Lavery, President of Export Development Canada (EDC) were also present in the discussion, to highlight how the two credit agencies work to support and develop trade between Canada, Australia and other global countries. Both parties aim to maintain competitive...

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