nav canada is a privately run , not-for-profit corporation that owns and operates canada 's civil air navigation system ( ans ) .

it was established in accordance with the civil air navigation services commercialization act ( ans act ) .

the company employs approximately 1,900 air traffic controllers ( atcs ) , 650 flight service specialists ( fsss ) and 700 technologists .

as part of the transfer , or privatization , nav canada paid the government ca$ 1.5 billion .

nav canada manages 12 million aircraft movements a year for 40,000 customers in over 18 million square kilometres , making it the world ’s second-largest air navigation service provider ( ansp ) by traffic volume .

it is only allowed to be funded by publicly traded debt and service charges to aircraft operators .

nav canada

the new nav canada branding takes to the skies | la nouvelle image de marque de nav canada prend son envol .
nav canada is the company that owns and operates canada’s civil air navigation service ( ans ) .
nav canada rates and revenues 77 metcalfe st . , 7th floor ottawa , on canada k1p 5l6
here are all of the videos that nav canada has uploaded to vimeo . appearances are videos that nav canada has been credited in by others .
the nav canada centre on montreal road has adopted a new name and logo .
nav canada air traffic controller at the tower in sault ste . marie , on
nav canada gets a new ceo . december brought news that nav canada’s founding ceo , john crichton , would retire at the end of 2015 , to become chairman of the board of aireon , the space - based ads - b company partly owned by nav canada . replacing crichton will be neil wilson , who has been vice president and general counsel at nav canada since 2002 .
nav canada , which operates independently of any government funding , is headquartered in ottawa , ontario .
nav canada is the private sector owner and operator of canada ' s civil air navigation system , covering canadian domestic airspace and the western half of the north atlantic assigned to canada by icao .
nav canada is not responsible for the adds , u . s . wx cams & nrc websites .
aeronautical studies are undertaken to evaluate the services provided by nav canada in response to changing industry requirements .
that’s what nav canada has done . and i see no reason why we can’t do likewise here .
nav canada will be the majority stakeholder in aireon , having a 51 % interest in the company after making its final payment later this year according to ron singer , national media manager for nav canada .
as a guideline , nav canada will consider operators with a minimum number of 20 flights per week .
nav canada is a privately run , not - for - profit corporation that owns and operates canada ' s civil air navigation system ( ans ) .
nav canada has requested the government to identify the countries whose state aircraft can be charged nav canada fees . once the necessary authorization is provided by the government , nav canada will issue an announcement in accordance with the ans act . also , a list of the foreign countries whose state aircraft will no longer be exempt , and which will be required to pay ans charges , will be posted on nav canada’s internet site .
“on may 26 , 1995 , over 20 years ago , nav canada was incorporated as a private company .
nav canada issues a letter to customers twice a year requesting current fleet submissions . the validity periods are :
linda hohol serves on the boards of nav canada and canadian western bank ( cwb ) . she chairs the audit and finance committee of nav canada , and serves on both this committee and the risk committee of cwb .
for the purpose of nav canada charges , airport means a certified aerodrome , or an uncertified aerodrome with air navigation services staffed either by nav canada or by a person acting under the authority of the minister of national defence .
nav canada - 2008–09 recession . . . nav canada felt the impact of the late - 2000s recession in two ways due to losses in its investments in asset - backed commercial paper ( abcp ) and because . . . in an attempt to provide stable income for the company nav canada invested heavily in abcp . . . as a result of these proceedings nav canada wrote off a total of $ 164m in abcp losses by january 2009 . . .
at nav canada our air traffic services team play a key role in aviation safety , helping keep people and goods moving safely and efficiently across canada and the globe .
for canada , diversity is a real possibility . if / when nav canada implements aireon ( space - based ads - b ) then diversity will be a requirement .
nav canada and us - based sensis have deployed automatic dependent surveillance ( ads - b ) transceivers over the hudson bay in canada to track air traffic in the region .
under the agreement signed by aireon’s partners , iridium will gradually spin off its stake , eventually giving nav canada majority ownership .
bob , i do not think that canada has an established timeline for adsb implementation . nav canada through its subsidiary aireon is developing satellite based adsb for worldwide deployment . no plans like the faa 2020 mandate have been announced in canada .
canada ' s top 100 employers and eluta are registered trade marks of mediacorp canada inc . all rights reserved .
“saab sensis multilateration is a field - proven airport surface surveillance technology , ” said kim troutman , nav canada vice president , engineering . “the addition of saab sensis multilateration and vehicle locators at calgary will complement existing surface movement radar to give nav canada’s air traffic controllers improved situational awareness . this will help meet nav canada and the calgary airport authority’s goal of improved efficiency . ”
canada’s civil air navigation service , nav canada , hopes to change that through a joint venture called aireon llc that has the potential to save the global airline industry billions of dollars .
a career at nav canada is anything but ordinary . our people are committed to guiding the millions of aircraft that cross canada’s skies each year , ensuring that air travellers fly safely .
in early december , nav canada inked a deal with the dubai civil aviation authority to manage critical atc information with navcan atm technology . eight airports in the uk use nav canada system products , as well some in copenhagen , australia and hong kong .
in 1996 , “the government of canada was faced with a large and continuing deficit , ” sid kozlow , vice president and chief technology officer for nav canada , told ain . “it was looking for a way to rid itself of things that cost money , like the air traffic control system . ” then nav canada assumed control of the atc system from transport canada .
nav canada is the country’s private sector civil air navigation services provider . with operations from coast to coast to coast , nav canada provides air traffic control , flight information , weather briefings , aeronautical information services , airport advisory services and electronic aids to navigation .
controllers were among the groups that embraced the 1996 privatization of canada’s atc system , anticipating that a nongovernment agency would encounter fewer bureaucratic roadblocks . nav canada funds itself purely through fees collected .
d ) flights operated for a registered charity within the meaning of the income tax act ( canada ) or equivalent foreign statute ; proof of such status to be provided to nav canada .
for a career with nav canada , visit urltoken . for a career in the hospitality industry with sodexo at the nav centre in cornwall , send your cover letter and resume to erin . borris @ urltoken
nav canada represents a unique consensus among the company’s four founding groups : commercial air carriers , the government of canada , business and general aviation , and our employees , represented by their unions .
saab sensis continues to be the multilateration provider of choice for nav canada , with wide area multilateration systems in fort st . john , kelowna and vancouver harbor and surface surveillance at montreal pierre elliot trudeau international airport . nav canada has also deployed saab sensis ads - b in hudson bay and on the east coast of canada .
payments made by mail or through any financial institution will be credited to the customer account on the date of receipt by nav canada .
a propeller aircraft overflying canada without landing or taking off in canada is subject to the same enroute charge that applies to a jet aircraft overflying canada ( subsection 3 . 2 ) .
under option 2 , the average weight for each aircraft type in the customer’s fleet is calculated by nav canada , and these averages are used in the calculation of the fees for the flights , according to aircraft type , operated by the customer . the customer must provide nav canada with a fleet submission so that the correct averages may be calculated by nav canada . if a fleet submission is not provided to nav canada , the highest maximum permissible take off weight of the aircraft type used in the flight will be used in the fee calculation .
nav canada frequently repeats in its reports and other publications the international civil aviation organization’s ( icao ) findings on the advantages of ansp privatization .
editor’s note : since a bill is about to be introduced in the u . s . house to convert the faa’s air traffic organization into a federally - chartered , self - supporting , stakeholder - governed nonprofit corporation ( inspired by the nav canada model ) , the following retrospective on nav canada’s transition from a government agency may be of interest . john crichton , founding ceo of nav canada , delivered this message to employees on the occasion of his retirement last month . the excerpts below are reprinted , with permission , from the december 2015 issue of nav canada news .
shanwick oceanic control . . . are undertaken using the joint nats / nav canada designed atc computer system known as saats - shanwick automated air traffic system . . . saats , developed from nav canada ' s gaats - gander automated air traffic system - has been in service with nats since november 2006 . . . ( gander international airport , newfoundland , canada , being the location of nav canada ' s gander atc center which is responsible for flights in the northwest part of the north atlantic ) . . .
similarly , air traffic controllers and other employees of nav canada know they can count on the company to help them succeed in their work and careers .
catca’s greg myles is realistic about the practicalities of scaling a nav canada system elsewhere . “nav canada was a made - in - canada solution made just for canada . there are many different models [ around the world ] ; so one size never fits all . but if you never look at other options , you’ll never know what you might be missing . just looking and trying to figure out what works doesn’t mean you must commit . ”
nav canada opened for business in 1996 as a not - for - profit , non - share capital corporation to own and operate canada’s civil air navigation service ( ans ) ; it is governed by a board of directors . although entirely independent of the canadian government , nav canada cannot be sold without government approval . nav canada runs approximately 12 million flight operations annually through seven en route air traffic control centers and 41 control towers across the country . by contrast , total faa atc operations in 2010 were slightly more than 48 million .
the faa and nav canada in june agreed to cooperate in the use of space - based aircraft navigation data services in adjoining air space , he noted .
nav canada collects fees for a host of atc products and services–marketed as navcan suite and navcan links–and sold to other air traffic service providers around the globe .
when electing option 1 , customers must be certain to follow specific procedures so that nav canada has the information necessary to determine the weight of the aircraft actually flown . if the required information is not available , nav canada will use the highest maximum permissible take off weight of the aircraft type used in the flight . nav canada will not issue credit notes for flights billed at the highest maximum permissible take off weight due to these procedures not being followed . the procedures are :
nav canada is a provider of civil air navigation services that include air traffic control , flight information , weather briefings , airport advisory services and electronic navigation assistance .
air traffic controllers are able to see and talk to airplanes ,
said ron singer , spokesperson for nav canada , in a text to cbc toronto .
with better position reporting providing controllers with clearer picture of traffic , nav canada will evaluate opportunities to gradually reduce separation for aircraft with the right mix of technologies .
when a designator is no longer required , nav canada should be informed immediately . any such designator so released will not be reassigned for at least 60 days .
the logo was designed to depict motion , service , and navigation while reflecting aviation . in order to make it unique , we created the nav canada font complete with all the letters and punctuation of the alphabet . the font was designed so nav canada could create acronyms around new technologies they would create while strengthening brand recognition .
nav canada hereby announces new and revised service charges , pursuant to section 40 of the civil air navigation services commercialization act , s . c . 1996 , c . 20 ( ans act ) . this announcement sets out nav canada’s charges which apply to three categories of air navigation services : ( i ) terminal , ( ii ) enroute , and ( iii ) oceanic . nav canada received statutory approval of the new and revised charges from the minister of transport on september 11 , 1998 .
, vice president and general manager of sensis air traffic systems .
in addition , nav
it is certainly not an exaggeration to admit that nav canada has improved safety , reduced service costs and increased efficiency and productivity more than twenty years after its inception .
in a press release dec . 20 , aireon said air navigation service providers ( ansps ) enav of italy , the irish aviation authority and denmark’s naviair have joined nav canada and
nav canada obtains its revenue mainly from movement - based charges dependent on the flown distance . the corporation has developed an accessible online calculator to estimate the air carriers’ flight cost .
gander automated air traffic system . . . automated air traffic system ( gaats ) is a proprietary system of nav canada used for the oceanic airspace of the gander area control centre ( acc ) . . . nav canada shares control of this airspace with its united kingdom counterpart , the national air traffic services ( nats ) . . . the gaats technology is now used by nats’ shanwick oceanic control – called saats — with nav canada and the uk ans provider collaborating on flight management for the whole of north atlantic . . .
during the application process , nav canada verifies the information provided by the applicant and does an initial check to determine whether the requested call sign conflicts with any known call signs . if a designator / call sign is assigned , and in the event call sign confusion occurs or safety is compromised , nav canada will initiate actions to avoid it happening again .
kozlow said , “there are no ties between any stakeholders and the [ nav canada ] board . in fact , none of the members of the board can be active in any stakeholder group . members are generally successful business people who understand they have a fiduciary responsibility to the company . ” nav canada is regulated by transport canada and audited just like any other commercial operator through the use of both regular and spot inspections to ensure compliance .
the company employs approximately 2 , 000 air traffic controllers ( atcs ) , 800 flight service specialists ( fsss ) and 700 technologists . it has been responsible for the safe , orderly and expeditious flow of air traffic in canadian airspace since november 1 , 1996 when the government transferred the ans from transport canada to nav canada . as part of the transfer , or privatization , nav canada paid the government ca $ 1 . 5 billion .
one of the most innovative features of nav canada lies in its corporate governance . during the consultation process , stakeholders discussed and studied the new zealand model which adopted the concept of the tripartite corporate board . nav canada’s by - laws require that the board of directors is composed of 15 members , 10 of whom are elected from the four founding groups as follow :
the enroute charge will apply to both overflights and flights which land or take off in canada . with respect to flights which land or take off in canada , the enroute charge applies to flights between two airports , at least one of which is an airport where nav canada applies the terminal services charge ( refer to subsection 3 . 1 ) .
nav canada , the air navigation service provider ( ansp ) for canada , is deploying saab subsidiary saab sensis corporation’s multilateration system for surface surveillance at calgary international airport . the saab sensis multilateration system will provide complete coverage of the runways , taxiways and terminal areas of the airport for improved all - weather surface situational awareness . in addition , nav canada will be deploying saab sensis veelo nextgen™ vehicle locators for the surveillance of vehicles operating on the airport surface .
nav canada became a world leader in ans notably by the implementation of the canadian automated air traffic system ( caats ) which brought more efficiency with the automation of air operational data , more support for the air traffic controller , and better satellite coverage across the nation . nav canada estimates that the caats would save up to $ 100m per annum in more efficient flight operation .
nav canada is the focal point for the assignment of designators and call signs to canadian aircraft operators . three - letter designators are used for international operations and require final approval by icao .
the corporate standards manual dealt with the application of their new corporate identity for print , multimedia , and signage . the standards manual appeared in print and we also were tasked to create a cd - rom application for distribution across canada to all nav canada ' s facilities .
all three programs are relatively new initiatives , a sign of nav canada ' s ongoing commitment to preparing its people for success . that , in turn , has contributed to the company ' s global reputation for excellence .
with so many opportunities for growth and development , a career with nav canada gives employees the opportunity to do exciting work that matters ,
says bohn .
former president , capital guardian canada inc . , laurentian bank and canadian scholarship trust foundation
the most illustrative example was the downturn after 9 / 11 . the effects were catastrophic : nav canada’s biggest customer – air canada – was bankrupt and owed nav canada more than $ 45m , traffic decreased , therefore the revenue dropped by more than 10 % ( representing a $ 100m shortfall versus budget for fiscal year 2002 ) . to address these issues , management adopted a policy called “balanced approach” in which all the stakeholders were asked to work together and make contributions and sacrifices to sustain the financial stability of the corporation . and they succeeded . nav canada maintained during the downturn an aa investment grading rate despite all the economic struggles in the aviation sector . by august 2005 , nav canada recovered with revenue increasing by 13 % from 2004 . in august 2006 , the corporation achieved $ 1 . 2b of revenue with a surplus of $ 63m .
with each enhancement implemented , nav canada is incrementally improving the air traffic management environment for those coordinating the 12 million aircraft movements that occur every year through the second largest airspace in the world .
nav canada , the country ' s civil air navigation services provider , is a private sector , non - share capital corporation financed through publicly - traded debt . with operations from coast to coast to coast , nav canada provides air traffic control , flight information , weather briefings , aeronautical information services , airport advisory services and electronic aids to navigation . for more information , visit urltoken .
recognized for our safety record , technology , sound business practices and community involvement , nav canada is a leader among world air navigation service providers and a proud partner of the global air transportation industry .
nav canada has never been content to just do ordinary work , and we want to attract people who strive to exceed expectations . our employees enjoy challenging and rewarding careers with competitive compensation .
nav canada said there is no safety issues associated with the outage , but some flights will be delayed as air traffic control works to enter flight plans manually . ( adrian wyld / canadian press )
should the united states introduce an enroute charge on flights between two points in canada transiting u . s . airspace , nav canada would terminate this exemption and commence charging the enroute fee ( as applicable to overflights ) on such flights , following an announcement in accordance with the ans act .
“our labor relations climate is constructive and productive . there is mutual respect on both sides and a genuine attempt made by all parties to find solutions . our employee population is smaller , but i believe more engaged and doing more meaningful work . statistics canada data from 2012 indicates that a large majority of nav canada employees are in the top 10 % of wage earners in canada .
nav canada also completed its own atc system upgrades , a sort of a mini - nextgen–canadians humorously refer to it as nowgen–when the final piece of new technology was turned on last fall at edmonton center .
two - letter designators are used for operations within canadian domestic airspace and the entire approval process is done by nav canada . detailed criteria and instructions are available in the documents provided in the links below .
nav canada is the country’s private sector civil air navigation services provider . with operations from coast to coast to coast , nav canada provides air traffic control , flight information , weather briefings , aeronautical information services , airport advisory services and electronic aids to navigation . * a positive balance in the rate stabilization account represents a liability on the company’s balance sheet , reflecting amounts returnable to customers through future customer service charges .
fleet submissions are necessary to determine the aircraft weight that is used in the fee calculation for each flight billed by nav canada . in the absence of a fleet submission , or where under option 2 , the aircraft registration marks are not recorded on the flight plan , nav canada calculates the charge for the flight based upon the highest published maximum permissible take - off weight for an aircraft of the same type .
with the privatization and purchase of canada’s civil air navigation servce ( ans ) from the federal government , nav canada was born . we were tasked to create a corporate identity for the new company . this meant designing the logo , and creating and writing the corporate standards manual to be used nation wide .
login error when trying to access an account ( e . g . my service canada account )
the first ever flight test of the aireon space - based ads - b system was conducted in early march 2017 by a team from nav canada flying one of our crj - 200 flight inspection aircraft across northern canada . details on that first test can be found here : aireon test flight : collecting performance data
as mentioned above , the main source of revenue of our former ans – the air transportation tax charged to airline passengers – was formally abrogated in 1996 with the incorporation of nav canada . like any corporation , nav canada needs cash flow to function , and , given its special status , the stakeholders opted for the user fee principle to finance the activities of the non - share capital corporation . in reality , nav canada recovers its cost through a system of services charges pursuant to the civil air navigation services commercialization act . the corporation is indeed subject to legislation that regulates the level of its charge in addition to confirming to icao’s recommendation .
nav canada has an identity , which is easily recognized worldwide . applications having established nav canada’s corporate branding guidelines we then applied this to all of their corporate collateral materials . the brand has been applied to the many products which include : brochures , annual reports , advertising , powerpoint presentations , posters , stationary , vehicle and building signage , web site , multimedia applications , corporate videos , marketing and recruitment campaigns . nav canada’s communications department wanted us to ensure that the web - development team designed and developed the web site according to the branding guidelines we developed for them . hangar 13’s main role was that of “brand manager” . in particular we made sure that the web development company used the proper imagery , ensured that the colour selections and corporate logo were being applied correctly . hangar 13 and nav canada wanted to ensure that the brand was strictly adhered to .
pursuant to section 55 of the ans act , the owner and operator of an aircraft are jointly and severally liable for the payment of any charge for air navigation services imposed by nav canada in respect of the aircraft .
nav canada in february 2007 awarded sensis a contract for 200 ads - b units for an initial deployment of the satellite - based technology in northern canada . the agreement included equipping six sites for airspace surveillance over the hudson bay , and sensis supplying 19 wide area multilateration units for vancouver harbour and fort st . john .
nav canada owns and operates canada ' s civil air navigation service ( ans ) , coordinating the safe and efficient movement of aircraft in canadian domestic airspace and international airspace assigned to canadian control . this includes air traffic control , flight information , weather briefings , aeronautical information , airport advisory services , and electronic aids to navigation .
penticton regional airport - facilities . . . it is located 73 kilometers ( 45 mi ) north of the canada –united states border , and opposite the airport beach attraction , which is a beach situated in the city . . . provided at the airport ' s terminal , sky high diner , as well as canada revenue agency and nav canada offices . . . airport ' s aircraft obtain their fuel from spencer aviation , which is located on site shell canada serves as an aviation dealer for the penticton regional airport . . .
audience relations , cbc p . o . box 500 station a toronto , on canada , m5w 1e6
currently , flights ( other than flights landing or taking off in alaska of aircraft that weigh more than 200 tonnes ) between two points in the continental united states transiting canadian airspace are exempt from nav canada’s enroute charge for overflights .
nav canada provides safe , efficient and cost - effective air navigation services in canadian - controlled airspace . our services encompass air traffic control , flight information , weather briefings , aeronautical information , airport advisory services and electronic aids to navigation .
we offer excellent career opportunities and support our employees in many ways , including performance management programs , strong recognition programs and learning and development ,
says raymond bohn , nav canada ' s senior vice - president of human resources .
i didn ' t know much about aviation when i started with the company ,
says rosanne sim , who has been an air traffic controller in edmonton for eight years .
all my training was provided by nav canada .
the correct aircraft registration markings must be included on all flightplans . a complete icao flightplan must be filed with a canadian area control centre or flight services station in order to ensure that the aircraft registration markings are captured by nav canada .
“as we reflect today on all of those challenges , we should be extremely proud of what we have accomplished . the safety red herring has been laid to rest . the five - year rate of losses of separation between ifr aircraft is half of that while in government . successful modernization programs have given nav canada people better and safer tools to work with . safety oversight has been enhanced by separating the regulator and the operator . nav canada was the first ans to introduce non - punitive reporting ( or “just culture” as it is called today ) . i am convinced that safety is everybody’s job every day at nav canada , and our results show it . international safety benchmarking studies show us leading the world .
let’s go straight to the point – nav canada has been a total success since its inception in 1996 . created after the wave of privatization in the canadian civil aviation landscape , the non - for - profit private corporation became on november 1 of the same year the owner and operator of canada’s civil air navigation system ( ans ) by acquiring assets from the federal government for $ 1 . 5 billion . twenty years later , nav canada manages the movement of 12 million planes each year generating $ 1 . 4 billion in revenue and $ 37 million in net income ( fy 2016 ) .
today , 17 airlines operating 425 ads - b certified aircraft account for over 50 per cent of the traffic over hudson bay . nav
polar routes are increasingly used by airlines to reduce flight times , fuel burn and emissions between city pairs . the launch of aireon service will improve nav canada’s ability to guide these flights through canadian arctic airspace , ensuring 100 per cent coverage throughout .
the int’l comm charge is for air - ground radio frequencies , provided or made available by nav canada or by a person acting under the authority of the minister of national defence at one or more aeronautical stations to an aircraft during the course of an international flight , other than a flight between canada and the continental united states , to obtain communication services .
lists of companies that import goods into canada , sorted by product , by city or by country of origin .
when is ads - b going to be required in canada . will it be compatible with the usa system ?
canada has a vibrant astronomy community involved in ground - based and space - based astronomy programs and missions . …
headquartered in ottawa , nav canada is responsible for civil air navigation services for the entire country as well as about half of the north atlantic airspace . it operates more than 1 , 000 ground - based navigation aids across canada and handles approximately 12 million aircraft movements a year , making it the world ' s second - largest air navigation service by traffic volume .
commercial and private pilots who fly in canadian airspace know they can rely on nav canada to help them reach their destinations safely . the private , not - for - profit company is one of the most respected air navigation service providers in the world .
remittances may be made in either canadian dollars or equivalent u . s . dollars . u . s . dollar payments will be converted at the exchange rate for buying canadian dollars on the day the remittance is deposited into a nav canada bank account .
fri 26 mar 2010 – canada’s air navigation service provider , nav canada , has been named winner of the environment award at the recent 2010 atc global exhibition and conference in amsterdam . deployment of automatic dependent surveillance broadcast ( ads - b ) technology over hudson bay is expected to save airlines around $ 195 million in fuel and reduce greenhouse gas emissions by an estimated 547 , 000 tonnes between 2009 and 2016 . with the ads - b surveillance , nav canada can now employ 5 - mile separation standards rather than the 80 miles that was previously used , allowing aircraft to fly shorter routes and at more efficient altitudes .
aireon is a joint venture between nav canada and iridium , as well as the civil aviation authorities of italy , ireland and denmark . it came together in 2007 when iridium began plans to launch its next generation of satellites and was looking for new customers to add to their payload . at the time , nav canada was one of the more aggressive supporters of ads - b technology on the ground and was looking for an opportunity to improve coverage over the busy north atlantic . it was a natural partnership .
operators with numerous flights that operate in more than one fir or internationally may qualify to be assigned a designator and call sign . designators and call signs are used when an operational need exists as supported by a business case and confirmation from nav canada operations .
the company will sell its signals to air navigation service providers or directly to airlines and expects to be profitable . mr . crichton said this money could eventually be used to lower the fees nav canada charges airlines — and which airlines often pass down to fliers .
this press release contains certain forward - looking statements that are subject to important risks and uncertainties . actual results may differ materially from the results indicated in these statements for a number of reasons . nav canada disclaims any intention to update any forward - looking statements .
nav canada president neil r . wilson said in a statement saturday evening that the water flooded one of its facilities shortly after midnight , affecting the network that handles flight plans and requiring staff to evacuate to a nearby facility where back - up systems are located .
nav canada levies two oceanic charges – the north atlantic enroute facilities and services charge ( nat ) and the international communication services charge ( int’l comm ) . oceanic charges are based on a flat fee per flight , and apply to both propeller and jet aircraft .
gail cook - bennett served as chair of the board of manulife financial from 2008 to 2013 , the first chair of the canada pension plan investment board from 1998 to 2008 and is currently the chair of the institute of corporate directors . she also chairs advisory committees to the deputy heads of both the treasury board secretariat and transport canada , government of canada .
nav canada ' s employees work in air traffic services - - from air traffic control to services such as flight information , weather briefings , aeronautical information , airport advisory and electronic aids to navigation . other essential corporate functions include human resources , finance and information management .
“nav canada continues to select saab sensis multilateration for surface and wide area applications , as calgary will become the fifth saab sensis multilateration deployment in canada , ” said ken kaminski , vice president and general manager of saab sensis . “saab sensis surface multilateration is an economical , adaptable solution that can easily accommodate future airport growth or the integration with a wide area multilateration system for complete terminal area surveillance . ”
mr . wilson joined nav canada as vice president , general counsel and corporate secretary in 2002 . from that date until his appointment as president and ceo , mr . wilson was the company’s chief legal officer as well as corporate secretary . he has also been responsible for other corporate functions including contracting , logistics and fleet ; the company’s insurance program ; environment and occupational health and safety ; and corporate security . prior to joining nav canada , he was a partner in the ottawa office of gowling lafleur henderson llp , where he had extensive experience in a wide variety of transactions and areas of litigation . these included establishing nav canada as a private corporation and acquiring canada’s air navigation system , as well as a range of other commercial transactions . called to the bar in ontario in 1986 , mr . wilson acquired his law degree from queen ' s university , where he received a number of academic awards . his undergraduate work was in political science and economics at the university of toronto . mr . wilson is a member of the canadian bar association and the law society of upper canada .
the board , including an appointed chairperson and destination canada’s president and ceo , is composed of senior business professionals who possess the experience , competencies and skills required to add value to destination canada’s decisions on strategic opportunities and risks and to provide effective oversight .
“probably 80 % of the earth is a blind spot to surveillance right now , which forces aircraft to fly under what’s known as procedural separation standards which are very , very inefficient , ” john crichton , president and ceo of ottawa - based nav canada , said in an interview .
today , with over 5000 employees . nav canada facilities include seven area control centres and 41 control towers , 58 flight service stations and eight flight information centres . these facilities are supported by a network of over 1 , 000 ground - based aids to navigation located across the country .
since its creation , nav canada has massively invested in technology . management was convinced that adopting an incremental approach with an emphasis on investing and upgrading existing and proven technology was the best decision . they were right . the first step of the capital program was to catch up with the poor infrastructure from the previous era . once this was achieved , the second step was to massively invest into the development and modernization of the system itself . in other words , nav canada’s main - focused was to use “off the shelf technology” to convert for in - house purposes .
the nat charge is for air navigation services provided or made available by nav canada or a person acting under the authority of the minister of national defence to an aircraft during the course of a flight in the gander oceanic flight information region / control area ( fir / cta ) .
greyhound canada to end service in prairies , b . c . , eliminating 415 jobs — and leaving small towns in the lurch
spaceq - your number one partner for reaching canada ' s innovators , influencers and decision makers . learn more and contact us .
in march , nav canada took full control of the first ads - b payload hosted on an iridium next satellite and conducted the first in a series of successful flight tests ahead of the full - system going operational in 2018 after the rest of the iridium next satellites have been launched .
the enroute charge is applied to flights in canadian - sovereign airspace or any other airspace in respect of which canada has responsibility for the provision of air navigation services ( hereinafter referred to as canadian - controlled airspace ) , excluding the gander oceanic fir / cta , and relates to the cost of enroute services provided or made available by nav canada or by a person acting under the authority of the minister of national defence .
cornwall - jan . 28 , 2011 - first , it was tcti . then it became nav canada . now , the massive training and conference facility on montreal road has shortened its name to the nav centre , and it has a new logo to match . officials said the new name and logo were adopted to reflect significant enhancements to guest services that have occurred over the past few years , as well as the conference centre ' s commitment to customer service excellence .
people used to know us mainly as a training facility ,
says kim coe - turner , the general manager of the nav centre .
now we provide full conference , meeting and accommodation services that offer an unbeatable combination of customer care and affordability .
one of the largest facilities of its kind in eastern ontario , the nav centre is a full service conference centre with 560 guest rooms and 70 dedicated state - of - the - art meeting rooms . the nav centre recently received the audubon international ' s
four leaf
accreditation in recognition of its strong commitment to environmental management and energy conservation .
that ' s what the green in our new logo stands for - our excellent environmental management as well as our scenic location , with plenty of green spaces ,
added coe - turner . the nav centre is fully owned by nav canada , the country ' s air navigation services provider .
caats was inherently built as an adaptable system , and nav canada’s ongoing investment in developing and enhancing the software over the past several years has paid dividends . . it can be customized to the specifications of an individual control centre while at the same time integrating data and exchanges from other centres .
it’s scalable , allowing for area control centres to implement the features they need most , when they need them most . soon , the implementation of a new data distribution service will lead to further enhancements in automation and integration of flight data between nav canada facilities , surveillance sources and other systems .
nav canada requires complete , accurate and up to date information on your fleet . if you have not already done so , please complete a full fleet submission . if you are making changes to your fleet , please complete the addition to fleet submission form or the disposal from fleet submission form .
our navcanatm integrated air traffic management technology solutions are in - service at towers , terminals and airports throughout canada and around the world .
these documents provide an overview of destination canada’s corporate governance framework and include enabling legislation , bylaws , code of conduct and committee information .
communications as investors in aireon of mclean , va . canadian ansp nav canada in 2012 agreed to invest about $ 150 million in the service , while iridium communications , which will host the aireon payloads on its iridium next low - orbiting communications satellites , is kicking in $ 12 . 5 million .
the average oceanic cost / ifr flight hour was $ 113 , and the average flight hours per controller hour was 3 . 7 . in this case also , nav canada takes the honors with a combination of second - lowest cost per flight hour and the highest number of flight hours per controller .
as part of a larger validation effort to test space - based automatic dependent surveillance - broadcast ( ads - b ) technology , the faa and nav canada successfully have flown tests in bombardier aircraft to validate ads - b signals captured by satellite , both agencies reported earlier this month . nav canada used a crj - 200 ( registry c - gnvc ) with top - and bottom - mounted 125 - watt ads - b antennas , while the faa employed a global 5000 ( registry n47 ) that was equipped with three aireon payloads to receive data and top - and bottom - mounted fuselage antennas .
a quarterly charge of 25 % of the charge set out in table 1 above will be applied to a foreign - registered aircraft weighing 3 tonnes or less , for air navigation services provided or made available by nav canada or by a person acting under the authority of the minister of national defence .
nav canada has an advisory committee , comprised of 20 members , which conducts activities on behalf of the board of directors on matters relating to the ans . the 20 - member committee represents a broad spectrum of organizations with an interest in the ans . committee members are elected at the annual general meeting .
neil r . wilson is president and ceo of nav canada , as of january 1 , 2016 . he served as executive vice president , administration and general counsel for the company from 2013 - 2016 , responsible for all legal and corporate services , in addition to human resources and customer and commercial services .
a spokesperson for the greater toronto airports authority , which oversees pearson airport , said operations are running smoothly at canada ' s biggest airport .
destination canada staff support the board by providing the latest intelligence , research , and expert advice to facilitate decision - making by all involved .
on board each satellite is an automatic dependent surveillance - broadcast , ads - b , sensor owned by aireon , a joint venture between iridium communications , nav canada , enav , the italian air navigation service provider , iaa , the irish aviation authority , and naviair of denmark , greenland and the faroe islands .
nav centre respects your privacy . information you provide will only be used to contact you and assist with your inquiry , and will never be shared with a third party .
, sensis ads - b was deployed to provide surveillance of the 850 , 000 - square kilometres of airspace over hudson bay . with the ads - b surveillance , nav
“service levels to our customers have dramatically improved , and it is unusual to have significant delays in the system attributable to nav canada . the charges our customers pay to us are now about 35 % less than the rate of inflation over the last 19 years . we have not had a rate increase in 11 years . our debt profile is declining . we finance our capital spending out of cash flow . capital spending at nav canada is half of that spent when in government , and we get three times the product twice as fast . our own people build the systems in integrated teams - a world first in our business .
this is of particular importance in canada , where space - based ads - b will provide air traffic surveillance coverage for the first time in areas of oceanic airspace , close radar surveillance gaps in remote arctic areas of the county , while also providing valuable backup to existing radar facilities . operators in nav canada controlled airspace will benefit from improved routings , enhanced opportunities to climb to more efficient flight levels or avoid weather as well as the safety benefits of positive surveillance .
students are paid while they train and work with some of the world’s best instructors . they will be introduced to nav canada’s world leading technologies including aireon , our ground breaking global air traffic surveillance system . the training is intense , but you are sure to form long lasting friendships with your fellow students along the way .
nav canada’s legacy dates back more than 70 years , starting in 1939 with a single air traffic controller at a control tower in saint - hubert , quebec . the air navigation service has evolved significantly since those early days , but its core mandate has never changed : moving aircraft safely , efficiently and cost - effectively .
“i am now retiring as your president and ceo , and to say that i am proud of what all of you have accomplished would be an understatement of monumental proportions . you have made nav canada the most respected ans in the world , and others are beginning to emulate us , the sincerest form of flattery . ”
in addition to providing semi - annual fleet submissions , customers must provide updates to reflect any fleet changes by the last working day of the calendar month in which new aircraft were first operated . aircraft that are not recorded with nav canada will be billed at the highest maximum permissible take off weight of that aircraft type .
nav canada ' s operation facilities across the country include 7 area control centres , 41 control towers , 55 flight service stations , 8 flight information centres , 31 maintenance centres and 51 community aerodrome radio stations providing weather information in canada ' s north . facilities are supported by a network of over 1 , 000 ground - based aids to navigation including 42 radar sites , 16 ads - b sites across the country and in greenland as well as over 140 multilateration sites .
further savings in fuel and emissions are expected to be realized – especially by oceanic traffic to and from europe – as ads - b expands into north - eastern canada and over southern greenland , a project that is already underway . “i am honoured to accept this award on behalf of the nav canada employees who did the pioneering work on this exciting deployment of ads - b in canada’s north , ” said john crichton , president & ceo . “and their work continues , with further deployments that will deliver even greater benefits for our customers and for the environment . ” john jarrell , vice president and general manager of sensis air traffic systems . , commented : “this award honours a landmark system that is improving safety in high traffic airspace while simultaneously delivering tangible and measurable benefits to the environment . in addition , nav canada is helping their airline customers cut fuel costs and improve the flying public’s experience through more efficient and predictable flight routes . ”


founded in 1996 by paul maya and marc singer , togglethis merged the concepts of moo/mud and choose your own adventure to create some of the earliest , consumer-facing graphic avatars on the internet .

their interactive character technology laid the groundwork for later virtual reality companies like urltoken and second life .

the company was part of the nyc silicon alley community , being named one of ' @ny 's 25 ' companies in 1997 and 1998 .

the founders were named one of the silicon alley reporter 's 100 internet industry executives in 1997 – 1999 .

togglethis was primarily known for its original animated character , bozlo beaver .

bozlo was created to showcase togglethis ' interactive character technology ( ic technology ) .

bozlo was sent via weekly emails to subscribers ' computers .

in every episode bozlo came onto the desktop and insisted that the user was invading his desktop .

bozlo devised ways to get you to leave your computer .

in one episode bozlo brought with him angry document files that chased your cursor around the screen .

in other episodes , bozlo brought you a gift that turned out to be a bomb ; you and bozlo played a game of hot potato until one of you exploded .

in 1997 warner bros. licensed bozlo beaver and the ic technology .

bozlo was distributed at warner bros . online .

in addition to bozlo beaver , togglethis had promoted film , television and brand advertisers using its ic technology .

clients included the walt disney company , abc , new line cinemas , nbc , bmw , and coca-cola .

the campaign for austin powers , the spy who shagged me was seen by over 750,000 people and featured an interactive austin powers that trained the user on how to be a successful international man of mystery .

many of the togglethis characters were animated by colorado based artist , gwenda kaczor .

togglethis

where to find them : togglethis ( www . togglethis . com ) ; intel corp . ' s mmx chip site ( www . mmx . com ) .
the show , a six - part series that will launch in march , will be available on the togglethis web site and on the togglethis channel on lycos .
the scoop : new york startup togglethis on april 29 introduces the world to bozlo beaver , star of an animated series that ' s located on togglethis ' site and sponsored by intel corp .
a new episode of bozlo ' s adventures will be available once a week for six weeks on togglethis ' site beginning in may ; three different intel
clean suit
spots - using togglethis ' technology - also will appear on the site .
togglethis , a new york - based interactive marketer , struck a deal on tuesday with 24 / 7 mail , the e - mail marketing division of new york - based 24 / 7 media , to permit 24 / 7 clients to place html or text advertisements on e - mail messages togglethis sends to its subscribers . togglethis provides rich media technology for marketing campaigns by clients such as intel , virgin , and at & t . ; togglethis said the deal is its first step toward creating it own ads and direct mail messages . 24 / 7 media partnered with toggle this because of its ability to deliver
toggled shows ,
which are interactive programs e - mailed directly to consumers that seek to publicize a brand or event , to a well - targeted audience , the togglethis said .
creating a toggled series for coca - cola shows that we are making great strides in establishing togglethis as the name in email marketing ,
said michael gale , ceo of togglethis .
coca - cola is one of the largest and mostly widely recognized trademarks in the world and we are thrilled to help bring the brand to the web .
software developer togglethis has animated the mushu character from disney ' s popular movie mulan . it will be available for download on the company ' s web site . once downloaded , mushu the cartoon dragon will appear on desktops where users can interact with it by dragging or clicking on it . togglethis also has developed programs for the cartoon to interact with user commands .
software developer togglethis has animated the mushu character from disney ' s popular movie mulan . it will be available for download on the company ' s web site . once downloaded , mushu the cartoon dragon will appear on desktops where users can interact with it by dragging or clicking on it . togglethis also has developed programs for the cartoon to interact with user commands .
“we wanted to build on the initial platform and offer more features to help marketers take their online programs to the next level , ” says michael gale , chief executive officer of togglethis .
the rich media email space received a big branding boost yesterday as togglethis announced the introduction of a new series for coca - cola , starring the brand ' s tv - based polar bear characters .
intel has hired togglethis to develop animated advertisements for the web to extend its
clean suit
characters , who star in the company ' s traditional advertising from euro rscg dahlin smith white , salt lake city .
coca - cola is the biggest packaged goods brand to be signed by togglethis , which has staked its claim to viral marketing and rich media email leadership largely through entertainment properties such as austin powers and freddy kreuger .
new york city - based togglethis is launching its latest toggled show ,
hurtherman : the freak who feels no pain ,
sponsored by new york - based bigfoot andflooz . com , and the sci fi channel .
new york city - based togglethis is launching its latest toggled show , “hurt herman : the freak who feels no pain , ” sponsored by new york - based bigfoot and flooz . com , and the sci fi channel .
“toggled shows help advertisers communicate their messages to a demographically targeted audience , ” said paul maya , ceo of togglethis . “also , toggled shows allow marketers to be more creative with their ads in terms of length and content . ”
togglethis , a company that allows for the email delivery of animated , interactive content and advertisements to users’ desktops , on monday released the newest version of its technology and said it planned to work more closely with direct email marketers .
unlike avatars , which are animated characters that site users can control , togglethis ' character is controlled by a site producer . this means the character can serve as an online spokesperson , adopting the advertiser ' s verbal and visual metaphors .
togglethis , a company that allowsfor the e - mail delivery of animated , interactive content and advertisementsto users ' desktops , on monday released the newest version of its technologyand said it planned to work more closely with direct e - mail marketers .
togglethis designed these interactive desktops so they are compatible with windows 95 , 98 , 98se , me , and 2000 . a patch is available to make them work on windows xp environments but installation on other operating systems is at your own risk .
defunct software company togglethis designed interactive “freddy” desktops in conjunction with new line home video’s nightmare on elm street dvd boxset release . each interactive desktop alters icons and other elements to reflect a nightmarish environment in which freddy krueger plays tricks on your computer’s processes .
the coca - cola show gives consumers a chance to experience the magic of the polar bears on their desktops ,
said scott brannan , manager of internet marketing , coca - cola .
togglethis has created a show that allows people to interact with the polar bears , something which could not be done through traditional tv campaigns .
new york - based togglethis has created an animated “toggled show” for lycos to launch in april . lycos becomes the first portal to use togglethis e - mail animation technology to drive traffic to its site . the weekly show , called “superheroes and sidekicks , ” will pair consumers , who give permission to receive it via e - mail , with canine superhero lycos the dog to test their knowledge of trivia . it will be promoted on the homepage of lycos and the togglethis channel on lycos , which launched two months ago and allows users to download its cartoon - like content . paul maya , ceo of togglethis , said the show is “consumer - oriented to maintain and attract higher traffic to its site . ” jan horsfall , vice president of marketing at waltham , mass . - based lycos , said this kind of media “becomes a pro - active marketing statement . ” ( a lawsuit against the company filed by danvers , mass . - based labrador software alleging lycos the dog infringed on its labrador trademark was decided in lycos’ favor last month . ) in addition to building the lycos name , he said , the show will introduce subscribers to uses of the portal other than navigation of the web that they may not be aware of . lycos plans to sell sponsorships for the shows . horsfall said it will be easy to entice advertisers to take advantage of permission - based marketing to more than 1 . 5 million people in lycos’ database . “it’s not what we would consider to be a difficult sell , ” he said . “this is a no - brainer . ” lycos also expects to use “superheroes and sidekicks” to promote sweepstakes that run throughout the year . togglethis claims its shows’ click - through rates are 25 to 30 percent , compared to the internet’s average rate of less than 1 percent .
although togglethis has been around for several years and has created campaigns for new line cinema , virgin atlantic airways , and at & t , the company has never really broken through with its technology . but now , with the growth of email marketing , and the targeting , tracking , and personalization of its new software , the company hopes to grow its business .
the agreement also marks a surprisingly aggressive effort for internet - shy coke . the two - episode series , titled
the polar bear show
can be downloaded at coca - cola ' s web site ( www . cocacola . com ) and at togglethis ' web site .
the polar bear show
will allow consumers to interact with the famous
mom
polar bear and polar bear cub . the show also will highlight the
coca - cola enjoy
jingle that is featured in the new campaign .
register to become a member today . you ' ll get the essential information you need to do your job better , including
we are glad you are enjoying advertising age . to get uninterrupted access and additional benefits , become a member today .
bozlo beaver encourages a visitor to click to move him into different locations on the screen . but frisky bozlo responds to the user ' s behavior as if he has a mind of his own , temporarily disabling the cursor and laughing , for instance , or surprising the user with visual or audio responses .
networthy previews cutting - edge net marketing . if you spot cool ads or an innovative web site , contact kim cleland at kcleland @ urltoken or matt
be respectful , keep it clean and stay on topic . we delete comments that violate our policy , which we encourage you to read . discussion threads can be closed at any time at our discretion .
toggled shows , which are interactive email - based content , deliver advertising campaigns and new forms of entertainment directly to consumers’ desktops . they combine the visual experience of watching tv with the interactivity of the web , the company said .
“hurt herman , ” also called “the freaks” series , is a virtual sideshow that takes place on the viewer’s desktop . the main character of the show , herman , is a freak of nature who can withstand severe pain . barker bob , the ring leader , encourages the viewer to interact with herman , using various weapons to inflict pain on him , while herman demonstrates his tolerance by reciting mundane trivia .
directory site bigfoot offers consumers free lifetime e - mail addresses and markets a suite of server - based products for email users . urltoken , co - founded by robert levitan , a cofounder of ivillage . com , has developed an online gift giving application allowing customers to send digital gift certificates redeemable online at certain stores .
“also , with more than half of u . s . adults using the internet today , consumers are more technologically sophisticated . we looked to develop a platform that would really engage consumers on the desktop as well as offer advertisers and entertainment companies a more complete option and viable alternative to banner ads . ”
the company’s first demonstration of its new technology is in a campaign for bmw which introduces the car maker’s new sports utility vehicle , the bmw x5 .
urltoken delivers business - building content in print , online , via email and social media . stay up to date by subscribing , or manage your subscription here . put powerful urltoken content to work for you . subscribe today !
in the first episode of
the polar bear show ,
the bears disagree about what music they want to hear . viewers try to them help out by selecting a new coke jingle . designed for the toggle player 2 . 0 platform ,
the polar bear show
offers the opportunity to visit the site to download coke
skins
for users ' mp3 players as well as desktop pictures of the polar bears .
get the latest creative jobs in advertising , media , marketing and digital delivered directly to your inbox each day .
1 . download and save the 1st desktop file below . you will need winzip to “unzip” this program . 2 . after the file is unzipped , select install . 3 . the program will then install on your computer . after the install is complete , you should have an icon on your desktop . 4 . double click on the icon and you’re ready for freddy .
“ [ name of file path ( e . g , c : / my documents / setup . exe ) ] could not be completed because of autoexec . nt . windows can not read ms - dos or windows apps . ”
if you receive the above error , download the xp _ fix . exe file below . choose to install the program . after it has finished installing , run the program by clicking on run . the interactive freddy desktop should work like a charm now . see the install “read me” and user agreement files below for additional information .
please note these interactive desktops were designed for older windows operating systems . download and install at your own risk !


bmb group ( formerly brunei merchant bank ) is an advisory and asset management platform for ruling families and forbes 500 investors .

in 2015 the firm refocused its business to provide capital and specialist advice exclusively for forbes 500 families .

the company works only with ultra high-net-worth investors in private off-market initiatives .

providing specialist advice in the form of business development and strategic advisory services , with a focus on emerging markets of asia , latin america , cis and the middle east .

in an investigative report , euromoney described bmb as " one of the world ’s most exclusive financial institutions .

the group calls to mind an era when courts of asian empires were the global centers of money , technology , culture and power .

its growing number of investors are drawn from eastern ruling families with vast riches gleaned from the long term growth demand for commodities . "

the firm was founded in 2006 by prominent financier rayo withanage , originally an attorney and strategist who developed a successful career as a direct investor .

mr. withanage , who was named in the financial times 100 rising stars of finance , recently handed the reins of bmb to new ceo mr. rahula withanage .

bmb and its affiliates have invested upwards of us$ 12 billion around the world in the areas of private equity , real estate , natural resources , wealth management , hospitality and philanthropy .

bmb is headquartered in bermuda .

bmb group

glassdoor has 1 the bmb group reviews submitted anonymously by the bmb group employees . read employee reviews and ratings on glassdoor to decide if the bmb group is right for you .
following the acquisition , bmb group has more than $ 12 billion under management .
ask a question about working or interviewing at bmb group . our community is ready to answer .
based on our strong belief that the future and success of the group lies in the development of our people , bmb group places great value on its pool of highly skilled and dedicated professionals .
driven by passion , three determined young men took their business to another level . bmb group : the story . .
islamic finance experts working for deutsche bank subsidiary dar al istithmar have left the company to work for the cayman islands - registered bmb group .
another division of withanages group , bmb islamic , was therefore created to structure islamic products and advise institutions on the use of these products , or on becoming shariah compliant . mirzan mahathir , the eldest son of the former prime minister of malaysia , mahathir mohamad , supervises bmb islamic and is the president of the division . he was one of the first people to join the group .
late last year , bmb set up a special vehicle , bmb bank acquisitions , to take advantage of lower valuations of financial services firms . this is part of a division of the group called bmb wealth management , which has more than $ 5 billion in client - specified mandates . david gibson - moore , former head of the middle east operation of dutch fund manager robeco , heads bmb wealth management .
bmb group , an investment office that manages money for the sultan of brunei’s family , is expected to table an offer for paris - listed club med that would value the company at €800m ( £675m ) .
bmb group claims a staff of 45 . it has offices in london and new york , a parent company in brunei , and is registered in the cayman islands . bmb claims that it will open ‘flagship’ offices in riyadh in 2007 , as well as in malaysia and the uae this year .
based on our guiding philosophy of being
share the joy
, bmb group offers a culture of performance , effectiveness and fairness . we look to recruit highly qualified professionals with a passion , an entrepreneurial spirit and unmatched drive .
alternative asset manager bmb group has bought emerging markets private equity firm emp global . the combined entity will become one of the worldæs leading alternative asset management houses , with assets in excess of $ 12 billion . the terms of the deal were not released . with emp now in its fold , bmb group is expected to position a significant portion of its global business in china , while serving as a conduit for middle eastern investment into the region . the groupæs efforts in . . .
energy and infrastructure were two of emps strengths . prices of energy - related companies have fallen because of the crash in commodities and there is a mini - infrastructure boom in some emerging markets . bmb group plans to launch a series of private equity funds targeting energy and infrastructure in asia , the middle east and north africa . this will be mainly done through bmb private equity , a new subsidiary in bmbs principal investments division .
while deutsche and bmb dispute the exact number of staff involved , it is thought that between five and seven london - based staff will move to create a new arm called bmb islamic .
“it’s been very amicable . i don’t want to use the word ‘poaching’ , ” a spokesperson for bmb told arabianbusiness . com . “the team decided it would be better to go to bmb . ”
bmb group is one of the worlds most exclusive financial institutions . its growing numbers of investors are often drawn from eastern ruling families with vast riches gleaned from the long - term growth in demand for commodities . it makes some institutions based in londons mayfair look dreary and mundane by comparison .
the very positive traits of the group were also its downfall : youth often equated to immature decisions , entrepreneurial to corner - cutting , and dynamism to quixotic , dictatorial and bullying management traits .
the group calls to mind an era when the courts of asian empires were the global centres of money , technology , culture , and power . but this is not an artefact in a museum .
withanage , who is based in brunei , likes to think of bmb as akin to a swiss - style unlimited partnership private bank . in other words , bmbs senior managers and stakeholders often put their own capital at risk when deploying clients assets .
the two men who co - founded emp global in the early 1990s after working together at the world bank have thrown in their lot with bmb group . moeen qureshi , who was interim prime minister of pakistan for three months in 1993 , is now vice - chairman . don roth , former head of merrill lynch europe , has become head of principal investments .
given its stakeholders and client base , bmb is always careful to offer options for both islamic and non - shariah - compliant investors . islam originated in the middle east , after all , and although bruneis royals are also muslim , some bmb clients are not .
sources close to the situation described the deal as friendly , with three of the four main shareholders supporting it . they include glg , the london - based hedge fund , rolaco , a saudi arabian investment firm , and fosun group , china’s largest non - state company .
bmb islamic will also be based in london , dealing with the ‘structuring and introduction of products that [ . . . ] adhere to the highest sharia standards . ’
however , bmb islamic as it exists today came into being after the recruitment in 2007 of a team of islamic finance technicians responsible for many of deutsche banks islamic products . they left dar al istithmar , a subsidiary of deutsche bank . dar al istithmars former managing director , humayon dar , is now chief executive of bmb islamic .
it is estimated that the team poached by bmb – and led by islamic economist dr . humayon dar – has advised on products worth over $ 20 billion by total volume .
bmb has two main businesses : trading and confectionery . with our head quarters based in dubai , united arab emirates , we have widened our distribution network to be able to have
it is like a family office dealing with other family offices ,
says one bmb worker of his company . but these family offices are only the richest of family offices .
the antithesis to bmbs approach , according to withanage , would be a method of focusing on short - term revenues , and multiplying transactions through thousands of employees and millions of customers .
bmb is a very good company to learn but you have to be a very fast learner to stay longer . working environment is strict so be ready for any news any time .
bmb has acquired emps offices in bahrain , buenos aires , hong kong , johannesburg , singapore , and washington dc . new offices in beijing , saudi arabia and uae are planned for this year .
nevertheless , withanage is still attached to the idea of having a small group of partners that clients know and trust . he says big firms with a constant ebb and flow of bankers can become impersonal and take undue risks with clients capital , partly because of the limited recourse to the bankers own pockets .
were in this for life ,
he says .
even so , bmb group is likely to steer away from buying local islamic retail or commercial banks in the middle east and asia . this is because it wants to be a support rather than a rival to these institutions .
one reason why we exist in the islamic space is to empower local islamic banks in the middle east and asia ,
says withanage .
we saw , certainly until last year , that the largest islamic banks in the world were the western bulge - bracket banks . investors go where they have the greatest offering of products .
bmb also harbours a desire to snap up more financial institutions around the world , with its stakeholders own money , and with the money of its clients .
this year is poised to be our biggest year of growth ,
says withanage .
prince abdul ali and i played on a polo team together ,
says withanage when describing how the idea behind bmb was first born . it made for a small new company that , like its senior management , was very young and extremely well connected .
thanks to the emp acquisition , bmbs staff numbers have grown from about 30 to about 100 . an advisory body consisting of high - profile ex - government officials from around the world is soon to be announced . this will be meeting in brunei in october .
having an eye for detail , stamina and a thorough approach to work duties . excellent organisation and troubleshooting skills . experience of dealing with short shelf life food products . proven ability to lead , motivate and build successful teams . understand all legal , regulatory , information security and compliance requirements . team leading & people development skills . able to manage and develop a diverse group of highly skilled people . a pragmatic approach to getting the required results . ability to manage operations within budgetary constraints .
we see a lot of interest among middle eastern investors in east asian assets . similarly , we see a lot of interest among east asian investors in middle eastern assets ,
says rayo withanage , the co - founder , co - chairman , and chief executive of bmb .
at bmb its not just how much money you make at the end of the year ,
he says .
we ask about the longer - term risk for the firm and the clients when awarding employees compensation . we dont promote investment opportunities we wouldnt be interested in ourselves .
however , a development for bmb that might contribute more to the wealth if not to the glory of its regal patrons came in december last year , with the acquisition of emp global . this emerging markets private equity firm , based in washington dc , had made investments of more than $ 7 billion .
“through its unique investment platform , bmb is currently engaged in a $ 5 billion deployment across the alternative asset spectrum , ” the company said in a statement . “ [ it ] is exploiting diverse investment opportunities through its core businesses of asset management , hydrocarbons and real estate , developing strategic relationships throughout the islamic world . ”
bmb islamic has not restricted itself to helping non - western institutions . one of the schemes it has been working on recently is a new fund from uk asset manager f & c ; for investments that are shariah - compliant , and  to appeal to non - muslims  that are deemed and marketed as generally socially responsible .
bmb , short for ‘baklawa made better’ ; is an innovative confectionery business that was founded on the principles of providing solutions for chocolate & bakery professionals . our values and ethics mean we only work with quality ingredients that support good ‘livelihoods’ and to stay at the forefront of providing an exceptional service in a world where relationships mean everything .
indeed , the royal nature of the companys connections , clients and stakeholders is reflected in bmb collections , a division being created to advise royal families on the acquisition and management of crown jewellery , art and other valuable collectable items . the division will help royals extract value from such assets by renting them to galleries , or through other means .
withanage , a former lawyer with roots in brunei and new zealand , set up bmb in 2004 , when he was in his mid - 20s . he had the help of prince abdul ali , a son of the sultan of bruneis sister . prince abdul ali , who is still co - chairman , is just two years older than withanage .
bmb islamics credentials include helping dubais shuaa capital create a shariah - compliant equity fund . it has also helped national bank of dubai create a sukuk fund , and abu dhabi bank adcb and australias macquarie bank create a shariah - compliant swap structure for an infrastructure fund . it also submitted a report to commercial bank of dubai on how that institution could enter the islamic market .
bmbs wide and widening connections at the top of eastern societies are shown in its role as investment manager for a charitable fund created this spring by the 56 states of the organization of islamic conference .
the fund will act as a rallying call for wealthy islamic countries to help needy communities around the world ,
says mat hassan esa , chief executive of the newly formed international zakat organization .
it is at a nexus of the contemporary redirection of wealth to the industrializing nations of the east , from the west , via petrodollars . bmb is a bridge for elite investment between the middle east and east asia . indeed , it was co - founded and is co - chaired by prince ali yil kabier , a member of bruneis royal family , which traces its roots to both arabia and china .
for inquiries related to this message please contact support . for sales inquiries , please visit urltoken
if you believe this to be in error , please confirm below that you are not a robot by clicking
i ' m not a robot
below .
please make sure your browser supports javascript and cookies and that you are not blocking them from loading . for more information you can review the terms of service and cookie policy .
“dar al istithmar continues to service clients . we are in the process of staffing up again , ” a deutsche bank spokesperson said .
“it’s not part of deutsche bank – our islamic team is completely in place . our middle east structuring team – who deal with islamic and non - islamic products – in dubai is very strong . ”
subscribe to arabian business ' newsletter to receive the latest breaking news and business stories in dubai , the uae and the gcc straight to your inbox .
the times and the sunday times and carefully selected third parties use cookies on this site to improve performance , for analytics and for advertising . by browsing this site you are agreeing to this . for more information see our privacy and cookie policy .
we have noticed that there is an issue with your subscription billing details . please update your billing details here
the subscription details associated with this account need to be updated . please update your billing details here to continue enjoying your subscription .
please update your billing details here to continue enjoying your access to the most informative and considered journalism in the uk .
we’ve added tags to the bottom of all article pages allowing you to further explore the topics you’re interested in .
club med , the company that pioneered all - inclusive holiday resorts , could be taken private by a brunei - based firm this week .
negotiations with fipar , club med’s largest shareholder , are continuing and are expected to be finalised this week . fipar is an investment…
html public
- / / w3c / / dtd xhtml 1 . 0 transitional / / en
urltoken
the alternative asset management firm buys emp global and is expected to position itself in china and the middle east .
to subscribe to financeasia : phone : + 852 2122 5222 in business hours or click here .
copyright © 2018 haymarket media ltd . all rights reserved . this material may not be published , broadcast , rewritten or redistributed in any form without prior authorisation . your use of this website constitutes acceptance of haymarket media ' s privacy policy and terms & conditions .
we use cookies . if you ' re happy with cookies , continue browsing .
copying and distributing are prohibited without permission of the publisher : chunt @ euromoney . com
this is the oics first attempt to create a common initiative for the global distribution of zakat , the charitable donations of muslims . contribution to zakat by those able to do so is one of the five pillars of islam . the fund will have $ 750 million by the end of its first year , rising to more than $ 3 billion once other commitments are realized . it will build schools , hospitals , and social housing , develop agriculture , give emergency aid , and provide venture capital to small and medium - sized enterprises .
any acquisition would not be small ,
says withanage . in particular he mentions private banks in europe as targets in the financial services sector .
the fact that most alternative assets are managed in the west is to be short lived ,
withanage says .
the two brought in funds from various asian royals , and realized the potential for inviting friendly middle eastern royals into the project too . an idea emerged for a platform for islamic - focused investment , especially between asia and the middle east .
whatever we do we provide a strong shariah - compliant structure , window , or parallel structure ,
says withanage .
the team has helped structure shariah - compliant funds for germanys allianz , state bank of india , and deutsche bank . it also helped msci barra fashion islamic indices and helped société générale with a range of islamic structured products .
the material on this site is for financial institutions , professional investors and their professional advisers . it is for information only . please read our terms & conditions , privacy policy and cookies before using this site .
all material subject to strictly enforced copyright laws . © 2018 euromoney institutional investor plc .
“if more of us valued food and cheer and song above hoarded gold , it would be a merrier world . ”
every chef knows that to paint his / her canvas , or in other terms , create their intended desserts , they need to be equipped with the right ingredients .
we source our ingredients from the best companies around the world that specialize in them , to bring you a range that can complete all your requirements .
our focus is on ingredients for the chocolate & bakery industry , and the variety we have is unparalleled .
cpp , which stands for confectionery products packaging , is our own printing press that specializes in bespoke packaging for confectionery .
the combination of our ingredients and skills , as well as our state of the art facilities , mean that we are able to provide you with a great variety of products that will meet your every expectation .
we private label and carry our own brands . we are also flexible to be able to match recipes to worldwide taste buds . the only
every year a student relative of one our factory staff is chosen between all the nominations for a scholarship at a top university in their home country .
the scholarship will follow through all the way until they graduate ( 3 - 4 years ) .
when the full amount is raised , the student is selected and the delivering happiness team ensure the payment is sent towards their university enrolment . all investors in the fund will get an update quarterly on the performance of the student by email .
doha industrial area , street no . 1 , gate 4 , doha , qatar
html public
- / / w3c / / dtd html 4 . 01 transitional / / en
urltoken
wherever you are you are never too far ! if you would like to get in touch with us , please do not hesitate to call us or send us an email with you queries . our team will always be glad to assist you . if you would like to visit our showroom in person to have a first hand glance at our products please call in ! our working hours are from 8am to 6pm in each respective country .
doha industrial area , street no . 1 , gate 4 doha , qatar .
sulai area , exit 18 , istanbul street behind bin taleb gas station riyadh , saudi arabia .
simply fill in the form below and we will get back to you as soon as possible . all fields are required .
simply complete this form to be placed on our mailing list . all fields are required .
exclusive behind the scenes footage from the # mwc right now . we are waiting for you on monday - stand 7m35 ! # lebanesepavilion
question of the campaign raffle draw on 1 prize ! answer & win cisco digital network architecture ( dna ) is the industry’s first network with the ability to find threats in encrypted traffic . eta is now available on more platforms
good environment in the company with co - workers . everyday is a lesson to learn from it . i like the job and what it gives . the hardest , the non recognition of the achievements .
experienced changing shift from day to night shift , and i ' ve learned a lot on the other field of works and sharing of ideas , superiors are strict but manageable the workgroup are very cooperative and help each other , the hardest thing is on changing of shift it takes a week to get back from normal , and the good thing i ' ve learned a lot from this job .
glassdoor will not work properly unless browser cookie support is enabled . learn how to enable cookies .
your trust is our top concern , so companies can ' t alter or remove reviews .
it was at time exhilarating , exciting and extremely varied but ultimately futile .
young , entrepreneurial and dynamic , the firm was not frightened of adapting to change quickly .
grow up , stop trying to make a quick buck and build something real .
this will replace the current featured review for targeted profile . are you sure you want to replace it ?
copyright © 2008–2018 , glassdoor , inc .
glassdoor
and logo are proprietary trademarks of glassdoor , inc .