E-Newsletter

June 15, 2023

Message from the President

I am delighted to extend my warmest greetings to each and every one of you as we embark on an exciting new chapter of the Canadian Tamils’ Chamber of Commerce (CTCC).

At the heart of our organization’s mission lies the promotion of our talented members and the facilitation of opportunities for their success. Our goal has always been to serve as a platform that amplifies the voice and achievements of Canadian Tamil entrepreneurs, highlighting their invaluable contributions to the business landscape in Canada and beyond.

To further our objectives, we are thrilled to launch our inaugural e-newsletter, a dynamic digital medium that will keep you informed about the latest developments within our chamber and the wider business community. This newsletter will serve as a valuable resource, delivering updates on our corporate members, sharing insights from industry leaders, and providing a comprehensive calendar of events, seminars, and workshops.

Our commitment to fostering growth and learning remains unwavering. With this e-newsletter, we aim to cultivate a vibrant ecosystem where knowledge-sharing, networking, and collaboration flourish. It is through such initiatives that we can collectively shape a brighter future for Canadian Tamil entrepreneurs, opening doors to new possibilities and expanding horizons.

I encourage all our members to actively participate in our events, engage with fellow entrepreneurs, and seize the opportunities presented by the CTCC network.

Thank you once again for being a part of the Canadian Tamils’ Chamber of Commerce family. I am confident that the future holds great promise, and I look forward to celebrating many more milestones together.

Warmest regards,

Vina Devadas

President

Interest Rate Increase

We bring to your attention the recent development in the financial landscape of Canada. Last week, the Bank of Canada made an important decision regarding mortgage rates. In response to the prevailing economic conditions and in an effort to balance various factors, the Bank of Canada announced an increase in the mortgage rate by 0.25%. This decision comes as part of the central bank’s ongoing efforts to manage inflation and ensure a stable and sustainable economy. While this increase may have implications for borrowers, it is important to note that it reflects the changing dynamics of the financial market and the bank’s commitment to maintaining a healthy economic environment.

As always, we encourage you to stay informed and seek professional advice for any financial decisions you may be considering. We will continue to provide updates on key developments in the financial sector to ensure you are well-informed.

Funding Available for Restaurant Owners to Upgrade their Patios

The City of Toronto’s CaféTO Property Improvement Program provides restaurant, bar, and café owners with a matching grant of up to $7,500 covering 50 per cent of the cost of eligible improvements to patios in the curb lane, on sidewalks and on private property. Funded by the Federal Economic Development Agency for South Ontario, this program is part of the Toronto Main Street Recovery and Rebuild Initiative. Applications are now open and will be accepted until Friday, June 30, or when funds are expended. Priority will be given to applicants with temporary curb lane platforms. Learn more and apply.

The Tamil Startup Pitch Competition

CTCC is thrilled to announce the successful conclusion of the inaugural Tamil Start-up Pitch Competition, a remarkable event that showcased the immense talent and innovation within our community. The competition brought together a diverse group of young entrepreneurs who presented their groundbreaking ideas and solutions. After careful deliberation, we are excited to congratulate the winners of this prestigious competition. Approva emerged as the deserving recipient of the first prize, while Solve4X secured the second prize. Additionally, we applaud Zenzpot from Jaffna, Sri Lanka, for their exceptional performance, earning them the third prize. These talented start-ups have demonstrated their potential to revolutionize their respective industries, and we are eager to witness their future successes. Congratulations once again to all the winners, and a big thank you to everyone who participated and made this event a resounding success.

Kudos to CTCC, CTPA, and Good News Ventures for organizing such an amazing event!

The first prize winner, Harry K. of Approva, received the first prize, which included a $5,000 check.

The second prize winner, Darshan Casinathen of Solve4X, received $3,000 as the second prize.

On behalf of the 3rd prize winner, Kirushanthi Kumaranathan of Zenzpot from Jaffna, Sri Lanka, CTCC President Vina Devadas received a $2,000 cheque.

CTCC Business Centre

At CTCC Business Centre, we understand the importance of promoting your ventures within our vibrant community. That’s why we are dedicated to providing you with a first-class venue to host your corporate events and meetings. Our facilities are designed to accommodate up to 100 people in a theatre-style format, ensuring ample space for your guests to engage and connect.

One of our standout features is our state-of-the-art LED and AV system. We believe in creating a captivating environment for your presentations, allowing your ideas to shine brightly and leaving a lasting impression on your audience. With our cutting-edge technology, you can rest assured that your visuals and audio will be showcased flawlessly, adding a touch of professionalism to your events.

To Book Our Venue:

Call Ken Kirupa at 416-830-8191 or Santha Panchalingam at 416-200-5470

or visit our website:

http://ctcc.ca/business-center-booking/

Corporate Members' Niagara Outing

CTCC had an absolute blast at Niagara Falls, and it was all thanks to all attaendee’s enthusiastic participation and positive energy throughout the day. From the awe-inspiring sights of the falls to the thrilling Go Kart and sightseeing experiences, every moment was filled with joy and excitement.

The wine tasting experience was a delightful highlight of the trip, allowing us to indulge in exquisite flavors and appreciate the region’s finest offerings. Lunch at the winery provided a perfect opportunity to relax and savor a delicious meal amidst beautiful surroundings. And who could forget the unforgettable dinner at the Skylon Tower, with its breathtaking views of the falls? It truly was a feast for the senses.

Moreover, the journey itself was a source of joy and camaraderie. The bus ride was filled with laughter, conversations, and bonding moments. It was a pleasure to witness the connections and friendships that blossomed throughout the day.

CTCC is thrilled to hear that everybody thoroughly enjoyed the outing and that there is a strong desire to return again in the future.

Our Next Event

Corporate Members' Area

We hope you’ve been enjoying our e-newsletter and finding it informative and engaging. We highly value your feedback and would love to hear your thoughts on how we can further improve our content and make it even more relevant to your interests.

Whether you have suggestions for new topics, questions, or any other feedback, we encourage you to get in touch with us. Please feel free to send your feedback to info@ctcc.ca. We appreciate the time you take to share your thoughts with us.