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STEP Global - July 2007 | ||
President's Message
Dear Members, The last few months have been very busy times for exporters across Saskatchewan, with events really peaking in June with the Western Canadian Farm Progress Show as our premiere trading event in the Province. As in past years, we were invaded by hundreds of foreign buyers from as far away as Mongolia, China, Russia, Ukraine, Kazakhstan, Argentina, Australia, and New Zealand, as well as our many good friends across the USA. The Farm Progress Show is truly one of Saskatchewan's annual "mega projects", and the economic impact of this event is huge and far reaching. Over the last few weeks my staff and I have also fanned out across the world at trade missions and shows in North East China (Jilin Province), France, Algiers, Tunis, and closer to home in Calgary and Ontario. June was also "strategic planning month" at STEP with an important off-site retreat among our Board and senior management held at Wanuskewan Heritage Park, near Saskatoon. Our Board reviewed STEP's longer range vision and plans, including the continued expansion of other STEP services for members. The results of this planning exercise, although not immediate, will pay huge dividends in properly guiding the remarkable growth of STEP for many years to come. STEP is clearly embarked on a journey to enhance its value proposition in local, national and international markets with an aim to becoming even more financially sustainable. However the end result is always to enhance revenues to maximize services for our Saskatchewan-based exporting members. Now that summer has arrived, our international travel at STEP is slowing down and it is time to concentrate on member visits and developing additional servicing plans for each of our STEP members as we do more traveling within the province. I personally have a busy schedule of member renewals and company tours set up over the next 6 weeks. I look forward to seeing as many members as possible in their own place of business. There is a whole new "tool box" of STEP services I am eager to share with our members, including: ·A tripling of our pool of nextrade finance lending funds in recent months; There is a lot we can talk about, and I do look forward to seeing you! Please do not hesitate to give me a call at either my Regina (787-1550) or Saskatoon (933-6552) offices or drop me an email at dbotting@saskatrade.sk.ca and I will come out and visit. There is no place in the world as beautiful as Saskatchewan in the summer time. Enjoy the wonderful weather, the spectacular warm sunsets, and the best and most accessible fishing and golfing on the planet. No wonder we love to call Saskatchewan home! Yours sincerely,
STEP Luncheon and Annual General MeetingSeptember 19, 2007 at IPSCO Place in ReginaSaskatchewan Trade & Export Partnership is pleased to partner with Custom House for a Luncheon and STEP's Annual General Meeting. The event will feature keynotes by Ms. Andrea Mandel-Campbell, Leading Business Journalist and Author of "Why Mexicans Don’t Drink Molson: Rescuing Canadian Companies From the Suds of Global Obscurity" and by Mr. Michael Levy, Financial Analyst with Custom House who will speak on the latest currency trends. Click here for the Registration form.
Members on the Move!STEP Members are in the news on a regular basis for various successes from expansions to new products and initiatives to various awards. Here are some of the stories over the last few months. Farm Show Wrap-upWestern Canada Farm Progress Show boosted a 9% increase in attendance over last year. STEP's involvement in the show ranged from hosting a Saskatchewan reception, sponsoring the International Business Centre, organizing programs for incoming buyers and organizing seminars and networking events to connect buyers and sellers. In addition, STEP arranged programs for 107 delegates from the following countries: Russia, Iran, India, Mongolia, Bangladesh, Ukraine, Kazakhstan, Australia, New Zealand, Argentina, United States. STEP estimates the value of sales generated for members from the incoming buyers at the show to exceed $30,000,000 based on feedback from members. Sales were mainly in agricultural equipment and pulses. Trade Training Expands into Saskatoon
Following a successful launch in the City of Regina, nextrade training is proud to announce the expansion of the FITTskills International Trade Training program into the City of Saskatoon. The first course, Global Entrepreneurship, will be held on August 16-17, 2007 in Saskatoon. Global Entrepreneurship will introduce you to the fundamentals of international trade. nextrade training will also be holding further FITTskills courses in Regina in August. International Trade Finance will guide participants through the role that financing plays in international trade. This course will take you through complex ventures and will show you how to secure financing. The International Trade Finance course will be held on August 11-12, 2007 in Regina. For further details please see the attached FITTskills Poster and Registration Form.
New Member WelcomeSTEP would like to welcome the following companies that have joined.
For a complete listing of all members, visit the Members Showcase http://www.sasktrade.sk.ca/html/membersshowcase_main.shtml STEP's 6th Annual Golf Tournament
Once again, another successful year at the Golf Course as STEP hosted their 6th Annual Golf Tournament. There were 52 golfers who braved the winds on June 7th, 2007. To date, through the participation of STEP's Members we have raised over $4,500.00 for various Saskatchewan charities. This year, the Children's Health and Hospital Foundation of Saskatchewan will be receiving the proceeds from our tournament. We would also like to thank all of our sponsors who generously donated prizes for each of our golf teams. We are looking forward to next year! Winning Team: From Left to Right Have you had issues getting your business visitors to Canada?In recent months, and with the influx of incoming business contacts that we work with due to the Western Canada Incoming Buyers Program and for events such as Western Canada Farm Progress Show, we have recognized some inconsistencies in how business visitor visas are processed and the time it takes for these visas to be issued. As a result, we just want to remind our companies of the process involved and which countries require visas. In addition, if incoming business visas are not approved or issued in a timely fashion, we would like to track this information, including the potential business lost as a result or the negative impact on your business, so we can look at ways of dealing with this issue. If you have experienced inconsistencies and delays that have resulted in lost sales for your company, please report them to Lana Migneault, Trade Assistant for Asia-Africa at STEP. Lana can be reached at 306-787-2194 or email: lmigneault@sasktrade.sk.ca. How does my foreign buyer obtain a Temporary Resident Visa (“TRV”)?Temporary Resident Visas are not issued in Canada. Before traveling to Canada, the foreign buyer will require a Temporary Resident Visa, they must apply at the nearest Canadian Embassy, High Commission or Consulate that offers immigration and visa services.
Applications should be made at least one month before the foreign buyers intended departure date. (Please note, STEP has experienced turnaround times of more than three months) Note: If the foreign buyer is mailing their application, allow up to eight weeks for it to be received as mail services can vary. Source: http://www.canadainternational.gc.ca/SBPage.aspx?pageid=781&lang=en#5 Issuing a letter of support to your foreign buyers If you are working with current or potential customers or partners who need to apply for visas, you should issue a letter of support on your company letterhead and provide it to them as part of their visa application. That letter should include the following: · The relationship between the foreign company and the company in Canada · The duration of the foreign buyers visit · The foreign buyers duties while in Canada. STEP also recommends that in this letter of support that you state who will be covering the costs of travel, accommodations, interpretation costs, transportation, etc… for the visitor whether it is the incoming buyer or the Canadian company hosting the individual. Source: http://www.canadainternational.gc.ca/SBPage.aspx?pageid=781&lang=en#5 Visa Information for Visitors to CanadaFor a list of countries whose citizens require a Visa to visit or Transit through Canada, click here. We want your feedback!You have received this email as a contact of the Saskatchewan Trade Export Partnership. If you no longer wish to receive communication of this type please let us know by replying to this email. Click here for a printer-friendly version of this newsletter. If you have a news item you wish to include in the next newsletter, please email hswan@sasktrade.sk.ca. |
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