HSBC celebrates Canadian companies' success in international trade

VANCOUVER, Aug. 20, 2013 /CNW/ - HSBC Bank Canada is pleased to announce the 11 finalists for the third annual HSBC International Business Awards, which celebrate the best of Canadian companies doing business internationally.

Linda Seymour, Executive Vice President, Head of Commercial Banking, HSBC Bank Canada said: "For nearly 150 years, HSBC has been helping companies to connect to opportunities around the world. This year's finalists have demonstrated excellence in international trade amid changing global economic conditions, and their success speaks to their determination, solid strategy, and most importantly, adaptability. Congratulations to all this year's finalists."

The awards were developed by HSBC Bank Canada, to recognize Canadian firms that have successfully expanded their products and services to the global marketplace. An award will be offered in each of the following four categories: International Business of the Year - Small and Medium Enterprise; International Business of the Year - Large Enterprise; Leadership in International Trade in Asia-Pacific; and Leadership in International Trade in Latin America. This year, the judging panel chose to create the Excellence Award for Leadership in International Trade, to recognize one company in particular for continuing to raise the bar for excellence in international trade.

Finalists and winners will be honoured at an invite-only gala celebration in November 2013, in Toronto.

The HSBC International Business Award finalists are:

HSBC International Business of the Year - Small and Medium Enterprise

Global Relay, Vancouver, British Columbia
www.globalrelay.com

Nanak Foods, Surrey, British Columbia
www.nanakfoods.com

Opal-RT Technologies, Montreal, Quebec
http://www.opal-rt.com/

HSBC International Business of the Year - Large Enterprise

Canfor Corporation, Vancouver, British Columbia
www.canfor.com

Energold Drilling Corp., Vancouver, British Columbia
www.energold.com

Stork Craft, Richmond, British Columbia
www.storkcraft.com

Leadership in International Trade - Asia-Pacific

BioteQ Environmental Technologies, Vancouver, British Columbia
www.bioteq.ca

Redline Communications, Markham, Ontario
www.rdlcom.com

SPF Precut Lumber, Fraser River, British Columbia
http://www.spfprecut.ca/

Leadership in International Trade - Latin America

Celestica, Toronto, Ontario
www.celestica.com

Energold Drilling Corp., Vancouver, British Columbia
www.energold.com

Natural Trade Ltd., North Vancouver, British Columbia
www.naturaltrade.ca

Entries were reviewed for technical and business merit by an independent panel of experts in international business from Canadian Business, Canadian Manufacturers and Exporters, Export Development Canada, the Economist Intelligence Unit, the Desautels Faculty of Management at McGill University and the Sauder School of Business at the University of British Columbia.

All applicants must be: majority Canadian owned (50.1 per cent); headquartered in Canada; generate at least 10 per cent of their revenue from activities outside of Canada; and have had minimum sales of C$5 million for each of the last two fiscal years.

About HSBC Commercial Banking
For nearly 150 years, we have been where the growth is, connecting customers to opportunities. Today, HSBC Commercial Banking serves businesses ranging from small enterprises to large multinationals in over 60 developed and faster-growing markets around the world. Whether it is working capital, trade finance or payments and cash management solutions, we provide the tools and expertise that businesses need to thrive. With a network covering three quarters of global commerce, we make HSBC the world's leading international trade and business bank.

About HSBC Bank Canada
HSBC Bank Canada, a subsidiary of HSBC Holdings plc, is the leading international bank in Canada. With around 6,600 offices in 80 countries and territories and assets of US$2,645 billion at 30 June 2013, the HSBC Group is one of the world's largest banking and financial services organizations.

SOURCE HSBC Bank Canada

For further information:

Media Enquiries:

Sharon Wilks
Head of Media Relations
HSBC Bank Canada
(416) 868-3878

Aurora Bonin
Senior Manager, Public Affairs
HSBC Bank Canada
(604) 641-1905