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Canada & Russia Talk Natural Resources

With the full support and backing of CERBA (Canadian Eurasian Business Association) Russian-based law firm Hellevig, Klein & Usov, Passport Magazine and Russian recruitment company Avenir in their promotion of Canadian/Russian business recently held a two-series breakfast seminar in Montreal and Toronto to discuss a very hot topic between the geographically two largest countries in the world. If these countries have anything in common it is definitely natural resources. As both economies are booming in view of their association with these sectors of the economy it is not coincidence that both Calgary and Moscow witnessed the strongest increase in average home prices last year: 80 and 95% respectively. The Toronto event was hosted at the Toronto/Montreal law firm McMillan Binch Mendelsohn LLP and co-sponsored by uranium concern Stans Energy Corporation. Both Ms Barbara Hendrickson and Jeffery Snow from McMillan Binch presented, while Daniel Klein from Hellevig, Klein & Usov gave an overview of natural resource trends in Russia.

The Montreal breakfast seminar which followed shortly on the heels of the Toronto event was held at the Ministere du development economique du Quebec (MDEIE) office and other presenters included Ron Denom, President, SNC-Lavalin International and Glenn Kelly, President, Rabaska Company among others.

The seminars proved to be so popular that a follow up joint Hellevig, Klein & Usov/Passport Magazine will be held in Moscow on 25 June (for venue information see HYPERLINK on the day prior to the commencement of the 9th Moscow International Oil & Gas Exhibition (MIOOGE) and the 5th Russian Petroleum and Gas Congress, both to be held at Moscows Expo Center (starting 26 June). These mega-exhibitions typically attract over 10,000 delegates and are considered to be among the largest exhibition events in Russia in the course of the year. In the MIOOGE event which takes place in the Expo Center, Cerba has rented 200 square meters to host various Canadian companies active in the fossil fuels sector.

If things go well in Moscow a follow-up event is planned for Calgary for early fall.

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