POLITICS

Jim Balsillie: RIM Co-Chief Among CEOs Asked To Enhance Trade And Investment With Fast-Growing Brazil

01/05/2012 10:59 EST | Updated 03/06/2012 05:12 EST
Getty Images
OTTAWA - Canada has identified the team of business executives who will head efforts to enhance trade with Brazil.

The Canadian team in the so-called joint CEO Forum includes embattled Research in Motion co-chair Jim Balsillie, Bombardier president Pierre Beaudoin and chief executives Tye Burt of Kinross Gold, Charles Cartmill of LED Roadway Lighting, Ray Castelli of Weatherhaven and Bruce Flatt Brookfield Asset Management.

The identities of the co-chairs — Scotiabank president Rick Waugh and Maurilo Ferreira of Brazilian mining giant Vale S.A. — had previously been announced.

Trade Minister Ed Fast says the Canadian CEOs are being asked to work with Brazilian counterparts to find practical ways to grow trade and investment.

The Harper government has made expansion of trade, particularly to emerging economies such as Brazil, a policy priority.

Fast said in a statement that the participants were selected based on their ongoing interest in the Canada-Brazil commercial relationship.