Canadian Commercial Corporation announces Chair of Board of Directors

OTTAWA, Dec. 20, 2012 /CNW/ - The Canadian Commercial Corporation is pleased to welcome Mr. Ray Castelli to the position of Chair of its Board of Directors.

Mr. Castelli is a well known Canadian business leader with a wealth of experience in international trade, business development and innovation, stemming from involvement at both the senior management and Board levels.  He has been a part of the management team of numerous companies including Alcan Aluminum Limited (Montreal (QC), Vancouver (BC) and New York (USA), Quadrem (Texas, USA), Naikun Wind Development Inc. (Vancouver (BC) and Weatherhaven (Burnaby (BC), of which Mr. Castelli is currently the Chief Executive Officer. Mr. Castelli also has extensive experience as a member of several Canadian and international company Boards.  Recently, he served as a key advisor to the British Columbia Business Council, the Canadian Association of Defence and Security Industry (CADSI), and on ministerial taskforces at the federal level including the Minister of Trade Advisory Committee and the Minister of Public Works and Government Services Canada Panel on Military Procurement Reform.

Mr. Castelli was born in Prince Rupert, British Columbia and is married to Barbara Barry.

The CCC is a Parent Crown Corporation of the Government of Canada established in 1946 which seeks to increase access to foreign government markets for Canadian exporters.  CCC does this through its three lines of business:  first, and for more than 50 years, CCC has been a policy instrument of the Government of Canada which ensures access to the United States (U.S.) Government defence and security markets for Canadian exporters under the Defence Production Sharing Agreement (DPSA), a bilateral trade agreement which supports the creation and maintenance of a strong, integrated North American Defence Industrial Base. Second, through its Global Defence and Security (GDS) business line as the Government of Canada's defence and security export sales organization, the Corporation improves access to complex government defence and security markets based on its ability to sign government-to-government contracts with allies and like-minded nations.   Finally, in emerging and developing markets, CCC's International Commercial Business (ICB) line supports Canadian exporters of infrastructure and commercial products and services in increasing their access to these complex and difficult markets.  Its headquarters are located in Ottawa, Ontario.

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For further information:

Canadian Commercial Corporation
Joanne Lostracco
Tel: 613-996-0227

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