Tag: companies

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Tourism in crisis, business collapses for companies but the federal government doesn’t care

by Marzio Pelù

TORONTO – Tourism to Canada is in crisis: this was declared by the head of the Tourism Industry Association of Canada, according to which – as reported by Global News – companies in the sector are struggling to stay afloat and not drown in a sea of ​​debt caused by the shortage of foreign visitors. A concern confirmed by a survey conducted between April and May by Nanos – online, on a sample of 149 accountants of tourism companies – according to which about 45% of operators could close within three years, unless the government intervenes to adjust the terms of the loans. 

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Fastest Growing Canadian Companies

by Priscilla Pajdo


The year 2020 presented several challenges for companies struggling to survive amidst the global pandemic. However, some business have been able to weather the storm despite one of the steepest drops in Canada’s real GDP on record.

In 2019, the country reported a real GDP of roughly $1.64 Trillion (T). In 2020, that figure dropped to $1.57 T, a difference of more than $70 Billion. While Canadians continue to work at regaining those losses, some businesses have managed to prosper throughout the pandemic-induced instability.

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A webinar for Italian companies
interested in investing in Canada

by Marzio Pelù

[GTranslate]MILAN – Opportunities for Italian entrepreneurs interested in investing in Canada: on Wednesday 31 March from 4.00 pm to 5.45 pm will be held the webinar “Business internationalization in North America as a lever for development and the opportunities offered by Canada” organized by the Canadian Embassy and The European House Ambrosetti (https://www.ambrosetti.eu/), a group of about 240 professionals active since 1965 which has five offices in Italy and several foreign offices, through which it supports companies interested in making investments abroad. (more…)

For Italian companies
there is a future in Canada
“Ample space in all sectors”

by Marzio Pelù

ROME – Dear Italian entrepreneurs, keep an eye on Canada because it is there that, with the right moves, it will be possible to collect a lot as soon as the coronavirus emergency ends. Word of Paolo Quattrocchi (in the pic), who since 2017 directs the Italy-Canada Study Center, an institution he founded, that supports dialogue and promotes mutual understanding between Italy and Canada through organization of events and studies in the fields of economy, society, science and culture. (more…)

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