Parliamentary Secretary O’Toole Highlights Strong Trade and Education Ties with Brazil
Canada’s dynamic and innovative relationship with Brazil is helping to create jobs and opportunities for Canadians
October 28, 2013 - Erin O’Toole, Parliamentary Secretary to the Minister of International Trade, underlined today that Canada and Brazil are creating jobs and opportunities for Canadians and Brazilians alike by fostering research, innovation and new technologies. Parliamentary Secretary O’Toole made the remarks at a Brazil-Canada Chamber of Commerce event on education hosted by Ryerson University.
“Our government continues to focus on creating jobs and opportunities for Canadians,” said Parliamentary Secretary O’Toole. “As we look at ways to further enhance our trade and investment ties with Brazil, we encourage our educational institutions and businesses to work with their Brazilian partners to continue strengthening their relationships. It is in our mutual interest to share our expertise, promote innovation and develop stronger people-to-people ties.”
In his remarks, Parliamentary Secretary O’Toole reinforced the importance of cooperation in education to the Canadian and Brazilian economies. Every year, thousands of Brazilian students arrive in Canada to study at Canadian colleges and universities. Moreover, Canada is committed to welcome 12,000 Brazilian Science Without Borders scholars by 2015. Strong and growing relationships between Canadian and Brazilian universities and research institutes help to make this possible. Overall, the value to the Canadian economy of foreign students enrolled in Canadian educational and training programs is $8 billion annually.
“Brazil is a priority market for Canada,” said the Honourable Ed Fast, Minister of International Trade. “We recognize the importance of Brazil as a major economic player and a strategic partner for Canada globally, regionally and bilaterally. We want our dynamic, wide-ranging and multi-faceted trade and education relationship to keep growing.”
Some 500 Canadian companies are active in Brazil. With a vast and growing middle class, Brazil is the largest market in South America and Canada’s 11th-largest trading partner. In 2012, two-way merchandise trade totalled $6.5 billion.
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For further information, media representatives may contact:
Office of the Honourable Ed Fast
Minister of International Trade
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