News

Perth, Australia, June 2, 2010 – (NYSE: CAE; TSX: CAE) – CAE announced today that it has acquired an equity interest in the China Southern West Australian Flying College (CSWAFC)  near Perth, Australia and will manage the pilot training school as part of the CAE Global Academy network. Effective immediately, CSWAFC will operate as a joint venture owned 53 per cent by China Southern Airlines and 47 per cent by CAE. 

Established in 1993, the school specializes in training ab initio students to become multi-engine instrument-rated airline first officers. Graduates then earn aircraft type ratings at the Zhuhai Flight Training Centre, a joint venture between China Southern Airlines and CAE in Zhuhai, Guandong province, China.

"This joint venture acquisition is another step towards developing our training network in order to better address the global pilot shortage.  As many as 18,000 new pilots will be needed per year over the next 20 years globally and one of the highest demands is expected to be in China,” said Marc Parent, CAE’s President and CEO. “We are very pleased that our long-time partner, China Southern Airlines, has chosen CAE to meet its growing need for the highest-quality entry-level pilots. Our plan in Australia is to grow the flight school and leverage the best practices in training we apply throughout the CAE Global Academy network."

The China Southern West Australian Flying College is the 11th location for the CAE Global Academy, the world's largest network of ab initio flight training organizations with a capacity of training more than 1,800 pilot cadets annually. The CAE Global Academy also provides training in North America, Europe, Africa and Asia.

"Our extremely positive relationship with CAE for training world-class pilots in Zhuhai and our evaluation of the CAE Global Academy operations led us to conclude that CAE is the clear choice to help train cadet pilots for our airline," said Si Xian Min, Chairman of China Southern Airlines.

The CSWAFC operates from two training bases, Jandakot Airport just south of Perth and Merredin Airport about 250 km east of the Western Australia capital. The facilities have capacity for more than 280 cadets and include 45 single-engine and twin-engine turboprop aircraft and high-performance jets, onsite aircraft maintenance, flight simulation training devices, classrooms, and living accommodations.

For any Australian CACC members who are in the Toronto area, the Australian Canadian Association (YACA) is holding a viewing party for all the Socceroos World Cup games.

 

Venue is the Sports Centre Café, 49 St Clair Ave W, Toronto (at Yonge St).

 

The games in question are:

v Germany – 2.30 pm, Sunday June 13

v Ghana – 10am, Saturday June 19

v Serbia – 2.30pm, Wednesday June 23

+ potential games in the knock-out rounds

SYDNEY’S CANADIAN

FILM FESTIVAL

BRINGS NORTHERN LIGHTS

TO AUSTRALIA

Possible Worlds, Sydney’s Canadian Film Festival celebrates its 5^th big year, showcasing the best new films made in Canada. The Festival unfolds August 2^nd – 8^th 2010, running a week of film premieres, filmmaker Q&A’s, industry talks and of course, parties.

Welcoming prestigious filmmakers to Sydney, the Festival is a meeting point for the Canadian and Australian film industries, while providing a rare chance for locals to watch the best new Canadian films and meet the artists.

Dendy Opera Quays and Dendy Newtown return as the event’s host cinemas. Once again, they will be joined by a multitude of site-specific screenings and parties around Sydney, inviting audiences to engage with cinema in new, interactive ways.  

Audiences can look forward to brand new films in both French and English - many screening in Australia for the first time - and will be invited to vote for the prestigious Audience Award for Best Film. Features, documentaries and short films will be presented by programmers and visiting filmmakers.

The full program will be revealed on Canada Day, July 1^st 2010.

“The Festival has grown in leaps and bounds over the past five years, a reflection of local audiences’ insatiable appetite for world cinema. Film lovers know Possible Worlds as a friendly, inclusive celebration of a cinema both strangely familiar and refreshingly different,” says Artistic Director Matt Ravier.

“This year we invite everyone to join us as we discover a cinema as entertaining as it is thought-provoking, infused with courage, vision and independence,” he continues. “In a society dominated by stories and images manufactured in (and influenced by) Hollywood, Canadian cinema has emerged as a vibrant alternative, offering a smart new perspective on the world we live in.”

The first and only annual Canadian film festival outside Canada, Possible Worlds is fast becoming a cornerstone of the Australian cultural calendars. For details about the festival visit the website: www.possibleworlds.net.au.

Possible Worlds is presented by The Festivalists. The Canadian Tourism Commission is a Major Sponsor, and the event receives support from the Canadian Consulate General in Sydney and Foreign Affairs Canada. Distinguished partners include Air Canada, Four Seasons Hotel Sydney and Dendy Cinemas.

Please click here for a Tax briefing document from Baker and McKenzie.

The Canadian Australian Chamber of Commerce would like to welcome new member, Presima Inc. and it's CEO Jean-Guy Talbot.

Presima is a portfolio management company that specializes in real estate securities publicly traded on international exchanges. The company has developed a unique knowledge and expertise in its sphere of investment. With its team of highly qualified professionals, Presima is able to offer innovative, multipurpose financial products and services tailored to the needs of its clientele.

In March 2010, nabInvest, the direct asset management subsidiary of the National Australia Bank, agreed to purchase Presima. This transaction is subject to the appropriate regulatory approvals. Prior to this, the company evolved as part of the Caisse de dépôt et placement du Québec’s Real Estate group.

Presima generates value for its clients through its globally diversified bottom-up approach and its ability to seek opportunities between different geographic areas and real estate market sectors. The company’s real estate securities portfolio management track record dates back to 1998.

ANZAC Day Service

Victory Square (corner of Hastings and Cambie)
Vancouver
Sunday April 25, 10:00 am to 11:00 am

Join us afterward at Moose's Down Under for a brunch featuring Aussie and Kiwi favorites. Familes catered for, reservations recommended:
604.683.3300
830 West Pender Street

Organized by CANZBA with the support of the Australian and New Zealand Consulates.

www.canzba.org

For PDF Flyer click here.

 

For full article provided courtesy of Gowlings Lafleur Henderson, click here