mid-american chamber executives policy conference november 4, 2015 mid-america and canada: strength,...
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Mid-American Chamber ExecutivesPol icy Conference
November 4,2015
MID-AMERICA AND CANADA:
STRENGTH, GROWTH AND OPPORTUNITY
/CanCGMPLS
Jamshed Merchant
Consul General of Canada
@CanCGMPLS @Jamshed_MPLS
WHAT A CONSULATE DOES
2
Our office represents Canada in Iowa, Minnesota, Nebraska, North Dakota, and South Dakota, and is part of Canada’s network of diplomatic and trade offices across the United States and the world.
CANADA AT A GLANCE (ACCORDING TO TOM BROKAW)
Key Statistics
RankPopulation 35.2m 36GDP (PPP) $1.8t 11GDP per capita $52,000 11GDP Growth Rate 2.0% 117Life Expectancy 81 14Urbanization 81% 47Source: World Bank
Top exports: Crude Oil & Bitumen $81.0BMotor Vehicles & Parts $68.1BConsumer Goods $52.1BIntermediate Metal Products $43.1BChemical Products $34.9BForestry Products $33.7BIndustrial Machinery $26.8BFarm & Fishing Products $22.1BMetal Ores & Minerals $17.9BAircraft Equipment & Parts $17.4B2013; Source: StatsCanada
MORE THAN NEIGHBO(U)RS
4
Over 8 MILLION JOBS in the U.S. depend on trade and investment with Canada
Canada and the U.S. are the world's largest trading partners: $735 billion in goods and services in 2013.
Canada buys 3 TIMES MORE
American goods than
China
Every MINUTE, $1.4 million in goods/services crosses the border
TRADE & INVESTMENT: CANADA AND MID-AMERICA
5
STATE TOTAL ANNUAL TRADE
CANADA AS
EXPORT CUSTOMER
NUMBER OF JOBS CREDITED TO TRADE/INVESTMENT
WITH CANADA
IA $ 7.9 BILLION
#1 100,000 JOBS
MN $19.4 BILLION
#1 174,200 JOBS
NE $ 3.4 BILLION
#1 57,400 JOBS
ND $ 6.7 BILLION
#1 28,500 JOBS
SD $ 1.2 BILLION
#1 28,600 JOBS
WI $12.4 BILLION
#1 158,000 JOBS
REGION $51 BILLION
#1 546,700 JOBS
CROSS-BORDER ENERGY INFRASTRUCTURE
6
“The U.S. sees Canada as a pillar of our energy security.” - Former U.S. Ambassador David Jacobson
Canada is America’s largest & most secure supplier of oil, natural gas, and electricity – and a leading supplier of uranium.
70 oil and gas pipelines currently cross the U.S.-Canada border.
Canada exported almost $2 billion worth of electricity to the U.S. in 2012.
CROSS-BORDER HIGHWAY/RAIL INFRASTRUCTURE
7
BEYOND THE BORDER
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Bi-national agreement on perimeter approach to border security and economic
competitivenessWe work together at and
beyond the border by:
Addressing Threats Early
Cross-border law enforcement
Better facilitation of legitimate trade, travel
BARRIERS TO TRADE?
FREE AND OPEN TRADE
9
CHAMBERS & CONSULATES: HOW DO WE WORK TOGETHER?
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“No two nations match up more closely together, or are woven together more deeply, economically, culturally, than the United States and Canada."
-President Barack Obama
1)Build awareness2)Work with individual companies 3)Advocate for free trade, open
border
Mid-American Chamber ExecutivesPol icy Conference
November 4, 2015
APPENDIX: STATE BY STATE
Jamshed Merchant, Consul General
jamshed.merchant@international.gc.ca @CanCGMPLS/CanCGMPLS
@Jamshed_MPLS
CANADA AND IOWA
12
Total annual trade between Iowa & Canada: $7.9 billion
Over 100,000 Iowa jobs depend on trade and investment with Canada
CANADA AND MINNESOTA
13
Total annual trade between Minnesota & Canada: $19.4 billion
Over 174,000 Minnesota jobs depend on trade and investment with Canada
CANADA AND NEBRASKA
14
Total annual trade between Nebraska & Canada: $6.7 billion
Over 57,000 Nebraska jobs depend on trade and investment with Canada
CANADA AND NORTH DAKOTA
15
Total annual trade between North Dakota & Canada: $6.7 billion
Over 28,000 North Dakota jobs depend on trade and investment with Canada
Over 28,000 North Dakota jobs depend on trade and investment with Canada
CANADA AND SOUTH DAKOTA
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Total annual trade between South Dakota & Canada: $1.2 billion
Over 28,000 South Dakota jobs depend on trade and investment with Canada
CANADA AND WISCONSIN
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Total annual trade between Wisconsin & Canada: $12.4 billion
Over 158,000 Wisconsin jobs depend on trade and investment with Canada
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