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THE CELTIC CONNECTION • NOVEMBER 199R
A Bright Future Requires Creative
ROBERT HENDERSON* PROUDLY PRESENTS
Irish Business Investment Now a Two-Way Street
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By BRENDAN LANDERS
TORONTO — Economic development is a vital element of the evolution of Irish peace process in Ireland and Taoiseach John Bruton visited Canada with an Irish trade delegation recently, to develop links with the Canadian business community, and particularly with Irish-Canadian business people.
His visit was cut short, due to a crisis in the ongoing talks about talks between the Irish and British Governments and the failure of the two governments to agree on the wording of an agreement on the decommissioning of arms cast something of a pall over the trip.
During his two days in Toronto, Bruton was the guest speaker at a lunch hosted by the Empire Club, had a private dinner with the movers and shakers of Irish Canadian business and hosted a reception arranged by the Trade Board and the Ireland Canada Chamber of Commerce at the Westin Harbour Castle Hotel.
Speaking at the reception, Bruton said there was much in common between Irish and Canadian businesses. "The business norms and culture of Canada are quite close to those of Ireland, but Canada at the same time is part of a huge trade block with the U.S. and Mexico.
"Anyone who can develop a foothold in the Canadian market has the capacity to expand right across the huge market that is North America, due soon to be expanded perhaps to Chile and other dynamic economies in South America," he said.
He said Canadian business has a long history of investing in Ire-
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IRISH PRIME MINISTER JOHN BRUTON IN TORONTO
Looking favourably at Canada for two-way investment
land and nowadays it's not just a one-way street. Many companies in Canada have come to develop in Ireland, Northern Telecom and so forth, drawing attention to the fact that some Irish companies have now developed in strength so that it's now possible for them to invest in Canada.
"What strikes me is that there are some small companies making the decision to break into the export market and I think that if one is looking at the North American market, one couldn't start in a better place than Canada," he said.
He praised the work done by the Ireland Canada Chamber of Commerce. "I'm very grateful for the work that the Ireland Canada Chamber of Commerce is doing to facilitate the development of Irish Canadian business. The chapters that exist here in Toronto, Montreal, Calgary and Vancouver are playing a vital role in this regard.
"I'd like to thank the Chamber of Commerce and the Board of Trade for arranging this reception and I hope a lot of good business is done this evening and a lot of good contracts are established for further development in the years ahead," he said.
IRELAND CANADA CHAMBER OF COMMERCE
Speakers Series Continues Next: Liam Hopkins
By SIOBHAIN HEANEY
VANCOUVER — The Ireland Canada Chamber of Commerce recently hosted Niall Murphy as part of its continuing Speakers Series. Members of the ICCC met at the Westin Bayshore to hear Murphy's tax tips for preparing your 1996 income tax return.
"Tax evasion is illegal but tax avoidance is not," says Murphy and he should know, he has worked in finance for the last 15 years and his specialty is tax. His company, Monymap Financial Services Ltd., in Tsaw-wassen, will do your tax return and guide you through the world of financial planning and investments.
Monymap has a client base of 1,110 and this, coupled with the company's success, made Murphy an obvious choice for the Chamber's Speaker Series.
The firs t half of the seminar provided participants with an overview of the Canadian tax system and how the various tax brack-
ets impact the taxpayer. Then, Murphy presented a variety of options — all of them legal — to help reduce your tax burden. These options, along with helpful tips for preparing next year's tax returns, gave members a good deal to think about.
Participants were left with a better understanding of their individual tax returns and a greater appreciation of the accountants who prepare them.
To conclude the evening, Sean Heather, Director of Events,
spoke briefly about the Chamber's year-end dinner. The guest speaker will be Liam Hopkins, the Executive Director of the International Financial Centre and his topic will be "Vancouver Emerging as a Financial Centre."
This dinner will also be held at the Westin Bayshore, on November 28, and benefitting a year-end event, there will be prizes from local and Irish companies and of course, music. All ICCC members will be notified in advance however, interested non-members should call Heather at (604) 275-0124.
The Ireland Canada Chamber of Commerce is a non-profit organization working to expand financial and business opportunities within the Irish Canadian community in Greater Vancouver and to foster trade between the people of Ireland and Canada. For more information on membership and activities, call (604) 730-7883.