Minister Van Loan Announces Reappointments to Canadian Commercial Corporation Board of Directors

(No. 395 - December 14, 2010 - 11:20 a.m. ET) The Honourable Peter Van Loan, Minister of International Trade, today announced the reappointments of Andrew Saxton and Stephen Sorocky to the Board of Directors of the Canadian Commercial Corporation.

“Mr. Saxton and Mr. Sorocky are senior executives who have each made marks in their respective fields and who bring valuable experience to the Canadian Commercial Corporation,” said Minister Van Loan. “I am pleased that they have agreed to continue contributing to the success of this agency.”

Mr. Saxton has a wealth of private-sector experience. He has served at the most senior levels of Laurentide Financial Corporation Ltd., Elite Insurance Company, Grouse Mountain Resorts Ltd., British Columbia Television Broadcasting System Ltd., Granville Island Hotel and Marina Ltd., and the King George Development Corp.

Mr. Sorocky is a senior executive from the technology sector. He is currently the president and chief executive officer of LxData Inc. of Montreal. He has held senior positions with Virtek Vision International Inc., Dynacon Inc., Electronic Data Systems of Canada and Spar Aerospace Ltd.

Mr. Saxton served on the board a number of times since 1990, and Mr. Sorocky was first appointed in 2007. Their reappointments are for three-year terms.

As Canada’s international contracting agency for over 60 years, the Canadian Commercial Corporation has assisted thousands of Canadian exporters by using its unique relationships with foreign government buyers. It supports companies contracting in the defence sector and in emerging and developing markets. The Canadian Commercial Corporation reports to Parliament through the Minister of International Trade.

- 30 -

For further information, media representatives may contact:

Monika Bujalska
Press Secretary
Office of the Honourable Peter Van Loan
Minister of International Trade
613-992-9304
monika.bujalska@international.gc.ca

Trade Media Relations Office
Foreign Affairs and International Trade Canada
613-996-2000