Category: News

On Tuesday, November 21st and Wednesday, November 22nd, 2023 Canada-Ukraine Chamber of Commerce in partnership with Business Council of Canada, Embassy of Ukraine
in Canada, Embassy of Canada in Ukraine, Ministry of Digital Transformation of Ukraine, CEO Club Ukraine  and UkraineInvest organized a two-day Rebuild Ukraine Business Conference and Ukraine by Design Tech Conference at The Omni King Edward Hotel located at 37 King Street East in Toronto, ON.

Rebuild Ukraine Business Conference on November 21st, 2023  showcased investment projects aimed at rebuilding and modernizing Ukraine in the agriculture,construction/infrastructure, energy and healthcare sectors. Morning session included opening remarks by Zenon Potichny, President of CUCC, Goldy Hyder, President and CEO of Business Council of Canada, Yulia Svyrydenko, First Deputy Prime Minister – Minister of Economy of Ukraine and Rostyslav Shurma, Deputy Head of the Office of the President of Ukraine. Attendees learned about how Business Ombudsman’s Office, National Bank of Ukraine, UkraineInvest, CEO Club Ukraine and American Chamber of Commerce contribute to economic resilience of Ukraine during war, as well as how Canadian businesses like Cameco and Razom Invest Canada operate in Ukraine. The afternoon session highlighted the financial  instruments and insurance offered by the IFC, EBRD and EDC to support Canadian companies interested in investing in Ukraine, included presentation of UCANPRO (ProZorro procurement platform adapted for Canadian businesses) as well as a fireside chat with the Honorable Mary Ng, Minister of Export Promotion, International Trade and Economic Development of Canada, Taras Kachka, Deputy Minister for Economic Development, Trade and Agriculture of Ukraine and Zenon Potichny, President of CUCC dedicated to the Modernization of Canada-Ukraine Free Trade Agreement.

Ukraine by Design Tech Conference on November 22nd, 2023 showcased Ukrainian digital government tool DIIA, as well Ukrainian companies and organizations that operate in IT, Fintech and Military Tech and contribute to Ukraine’s tech and economic resistance during war. Conference was opened by remarks from Markiyan Vytvytskyy, Vice-President of CUCC, Yuliya Kovaliv, Ambassador of Ukraine to Canada, Natalka Cmoc, Ambassador of Canada to Ukraine, greetings from Mykhailo Fedorov, Deputy Prime Minister – Minister of Digital Transformation of Ukraine and Eric Caire, Minister of Cybersecurity and Digital Technology of Quebec, as well as a keynote speech from Oleksandr Bornyakov, Deputy Minister of Digital Transformation of Ukraine.

The Rebuild Ukraine Business Conference served as an ideal platform for Canadian businesses seeking involvement in the reconstruction of Ukraine. It also provided an excellent opportunity for networking among Canadian and Ukrainian businesses, financial institutions, and agencies.

More information about Rebuild Ukraine Business Conference, agenda, speakers and projects can be found on conference platform Rebuild Ukraine Business Conference 2023 | CUCC (cucc-rebuildukraine23.com)

All session recordings are available on CUCC YouTube channel Canada-Ukraine Chamber of Commerce – YouTube

A heartfelt kudos to our dedicated sponsors! Your invaluable contributions have played a pivotal role in bringing the vision of the Rebuild Ukraine Business Conference to life. Your generosity is the driving force behind meaningful connections and opportunities that will leave a lasting impact.

Title Sponsor Temerty Foundation
2-Day Sponsors: Export Development Canada | Exportation et développement Canada, Fairfax, American Chamber of Commerce in Canada (AmCham Canada), Fasken, PwC Canada, CBM Event Productions, AV-CANADA
Rebuild Ukraine 1-Day Sponsors: Cameco Corporation, Horizon Capital, CIBC, Business Council of Canada, Aecon Group Inc., ATCO, Black Iron Inc. (TSX: BKI; OTC: BKIRF; FRANKFURT: BIN) Meest Canada, General Dynamics, Canada-Ukraine Foundation, Northland Power Inc., Ukrainian World Congress – Свiтовий Конґрес Українців, Roshel Smart Armored Vehicles, Pharmaxi LLC
Ukraine by Design 1 Day Sponsors: BlackBerry, Miratech, ELEKS

Special thanks to Nick Wons for memories through incredible photography.

 

On October 17th, 2023  CUCC President Zenon Potichny and CUCC Director Lesia Babiak had a pleasure of attending the tabling of the modernized Canada-Ukraine Free Trade Agreement (CUFTA) by Minister Mary Ng at the Parliament Hill and parliamentary reception hosted by Yvan Baker, MP.

The modernized Canada-Ukraine Free Trade Agreement (CUFTA) is a significant step towards strengthening of bilateral ties between Canada and Ukraine. It sets a path to further eliminate trade barriers, open up new avenues for businesses in both countries and engage Canadian businesses in the rebuilding of Ukraine.

We would like to thank Minister Mary Ng and Government of Canada for their continuous support for Ukraine, its people and economy.

CUCC is looking forward to supporting the implementation of the modernized CUFTA and Minister Ng’s business mission to Ukraine in 2024.

 

On September 22, 2023 Canada-Ukraine Chamber of Commerce President Zenon Potichny and Vice-President Markiyan Markevych attended signing of modernization of Canada-Ukraine Free trade Agreement by President of Ukraine Volodymyr Zelenskyy and Prime Minister of Canada Justin Trudeau.

The new trade agreement will replace the existing CUFTA agreement, which has been in force since 2017. Here are some of the highlights of the modernized CUFTA agreement:

• Application of a new liberal method in the service sector – everything that is not forbidden is allowed
• The protection of business interests has been strengthened through the use of a modern set of legal instruments for investment protection
• Added section on digital trade between Ukraine and Canada, based on the principles of free and open development of the digital ecosystem of the economy
• Goods made from parts manufactured in EU, Britain, Israel can now be exported from Ukraine to Canada free of duty
• Expanded and simplified conditions for the temporary entry of Ukrainian business travelers to Canada for the purpose of providing services

The text of the document is based on the standards of the Free Trade Agreement between Canada, the United States and Mexico (NAFTA) and the Trans-Pacific Partnership Agreement, which Ukraine is preparing to join.

 

We are thrilled to announce a significant milestone in the energy sector! On September 22, 2023  Ukrhydroenergo and Canadian Aecon Group Inc. signed a memorandum of cooperation, marking the beginning of a strategic partnership.

This partnership paves the way for the construction of hydroelectric power plants in Ukraine, including the Kaniv PSPP and Kakhovka HPP.

The Canada-Ukraine Chamber of Commerce (CUCC) played a pivotal role as the catalyst for this strategic MOU. Our commitment to fostering economic ties between Canada and Ukraine is unwavering. This is just the beginning of an exciting journey, and we look forward to supporting and nurturing this unique partnership for mutual growth and prosperity.

We encourage other key players in the market to join hands and explore the vast opportunities that lie ahead. Together, we can create a brighter and sustainable future.

Let’s work together to power the future of Ukraine!

 

On September 22, 2023 President Volodymyr Zelenskyy made a historic visit to Canada.

During his address to Canada’s House of Commons President Zelenskyy has thanked Canada for being one of the most longstanding partners and supporters of Ukraine and called upon Canada and its allies to stand by Ukraine as it fights back against russia to protect its freedom.

Prime Minister Justin Trudeau announced additional $650M in military aid to Ukraine and said that Canada’s support for Ukraine is unwavering and will last as long as it is needed.

During this visit Vice-President of Canada-Ukraine Chamber of Commerce Mark Vytvytskyy had a pleasure of attending a roundtable with President Volodymyr Zelenskyy, Prime Minister  Justin Trudeau, Deputy Prime Minisiter  Chrystia Freeland and leaders of Canadian business community Mairead Lavery, Bobby Kwon, Kyle Jeworski, Dave McKay, Anuj Ranjan, Bharat Masrani, Neelam Sandhu, Tim Gitzel, Deb Barnes.

The roundtable attendees discussed the united support of all G7 countries to create a more secure investment environment in Ukraine, looking at de-risking mechanisms and finding financial instruments that can attract investment and private capital.

Mark Vytvytskyy emphasized CUCC’s role as a platform that connects businesses and government, enabling Canadian businesses, investors, and exporters to actively participate in Ukraine’s reconstruction.

He has also reminded participants to mark their calendars with Rebuild Ukraine Business Conference on November 21-22, 2023 at the Omni King Edward Hotel in Toronto.

From August 21-23, 2023 Canada-Ukraine Chamber of Commerce participated in Apparel Textile Sourcing Show at the Toronto Congress Centre in Mississauga, Canada. ATSS is the largest international sourcing event focused on the Canadian and North American Apparel, Textile, and Fashion sectors. It showcased 200+ exhibitors from the world’s major manufacturing countries supplying the Canadian apparel market with Finished Apparel, Textiles, Fabrics, and Fashion.

CUCC Team organized a Made in Ukraine Pavilion and represented four Ukrainian companies that due to current travel restrictions were not able to represent themselves at the show. These companies include:

Odyssey Accessories – Ukraine – producer of beanies, scarves, sweaters, gloves, and mittens with 100% Lambswool spun in Scotland, Italian Merino blends, 100% Cashmere from Italy, Egyptian cotton, and cotton blends from European spinners, and many more

Tunes – producer of baby sleepers, cocoons, hats and bodysuits.

TwinSocks – producer of children’s, men’s and women’s socks and tights

Mason Trade LLC – manufacturer of bath and household products made of polypropylene threads

CUCC team was honored to represent high-quality Made in Ukraine products that received a lot of attention and interest from the attendees of the Apparel Textile Sourcing Show.

 

 

Pharmaxi LLC is a Ukrainian Сontract Research Organization dedicated to driving breakthrough innovations in the healthcare sector through a comprehensive range of activities and services. The company’s primary focus is conducting clinical research and working with clinical data to expedite the market entry process for pharmaceuticals and medical devices.

The main areas of the company’s activities are:

• Project Management of Clinical Trial and Clinical Evaluation
• Comprehensive Collection and Analysis of Clinical Data for Clinical Research and Post-Marketing Studies
• Proficient Medical Writing, Biostatistics, and Regulatory Support Services

Drawing upon Pharmaxi`s extensive expertise in the ever-evolving realm of biotechnology and groundbreaking medicine, coupled with a track record of fruitful collaboration with an esteemed Canadian biotech company, Pharmaxi takes great pride in assuming the role of a trusted partner for CUCC.

The main objective is to foster the advancement of a strategic partnership between Canadian and Ukrainian stakeholders, thus propelling progress and mutual growth.

We would like to welcome K-MINE at Canada Ukraine Chamber of Commerce.

K-MINE is where mining expertise meets technological innovation. They are your strategic partner in streamlining mining operations, catering to every stage from exploration and resource estimation to final production.

Their dynamic software modules are meticulously designed to optimize open pit and underground mining processes. They provide solutions for surveying, geological 3D modeling, pit and underground design, blast design, scheduling, and stability analysis.

But that’s not all – K-MINE is equally passionate about service. Their team of experts collaborates with you through Mineral Resource Estimation (MRE), Pre-Feasibility Studies (PFS), Feasibility Studies (FS), and Detailed Engineering. They ensure a tailored, seamless, and efficient transition from site analysis to production, keeping sustainability and profitability at the forefront.

With K-MINE, you are not just leveraging software; you are embracing a partnership enriched with deep mining expertise, insights, and support, to forge the future of the mining industry together.

 

On June 27th Canada Ukraine Chamber of Commerce hosted the 17th CUCC Annual Golf Tournament at Lionhead Golf and Country Club. We would like to thank all of the participants, who despite the rainy weather showed up and made the tournament a huge success. We raised over $21,000 for Unite With Ukraine and Rebuild Ukraine Conference 2023.

Congratulations to the winners of the tournament Mark Cerkownyk, Eugene Cerkownyk, Al Galvez and Michael Wertelecky!

We would like to thank our sponsors Caravan Logistics Limited, Carpedia International, AV-CANADA, Temerty Foundation, Yakaboo, Toronto-Kyiv
Ukrainian Credit Union Limited, Buduchnist Credit Union, Rodan Energy Solutions Inc., MNP, Sir Group, Reps Hockey Club, Consultec Ltd., United Stars Corporation, Meest Canada, Mitchell, Bardyn & Zalucky, Borys Chartchenko, MBC Group Pallett Valo LLP, Bucket List Traveler, Web4you Inc, Westland Insurance Group Ltd., Stoyanovskyy Architects, Painting Solutions, A. Komarnycky Professional Corporation, New Pathway for their continuous support and for helping Ukraine fight on the economic front!