TORONTO, June 12 /CNW/ - The Ontario Chamber of Commerce (OCC) today
supports the introduction of new federal measures to better protect
intellectual property (IP) rights in Canada. The OCC, Ontario's premier
business advocate, urges federal Parliamentarians to line up behind the
copyright reform bill.
"We need decisive measures to restore an orderly and legal marketplace,
and to reduce the high cost of piracy here in Ontario and across Canada," says
Len Crispino, President & CEO of the Ontario Chamber of Commerce. "The new
copyright bill is an important step in the right direction."
In a report released earlier this year, the OCC issued a comprehensive
set of recommendations including calling on the federal government to follow
the lead of Canada's major trading partners, including Australia, Japan and
the U.S., in implementing the World Intellectual Property Organization (WIPO)
"Counterfeiting is a serious threat to Ontario's reputation and our
brands internationally, and has directly impacted the wine industry,
among others. A stronger IP regime is vitally needed to encourage a
continued commitment to scientific innovation in research."
Donald Ziraldo, Chair, Vineland Research and Innovation Centre
"Piracy of our games reduces the royalties we receive and we can't invest
as much in innovations in both original stories and in technologies. Thus
the future growth of our company is hampered."
Rob DiPitris, Silicon Knights
"Canada has been roundly criticized by our trading partners for our lack
of an effective Intellectual Property regime," explains Crispino. "We must
take action against IP crime both in order to protect our international
reputation, and to create an environment which stimulates innovation, by
assuring producers of productivity-enhancing products and processes that the
results of their investment are protected."
A 2002 WIPO study found that intellectual property represented 45 to 75
percent of the overall corporate value of the Fortune 500's largest companies.
The OCC has estimated that counterfeiting and piracy are costing the Ontario
economy approximately $9 billion dollars.
"Protection of Intellectual Property: A Case for Ontario" can be found at
The OCC represents over 57,000 businesses through 160 local Chambers of
Commerce and Boards of Trade, and has been Ontario's business advocate since
1911. Its advocacy and policy initiatives focus on six areas key to the
economic well-being of the province: health; education; energy; finance &
taxation; transportation & infrastructure; and border issues.
For further information:
For further information: and to arrange interviews, contact Amy Terrill,
W: (416) 482-5222, ext. 241, C: (416) 605-8205, or by email at