CentrePortCanada

Jonas Hendrickson-Gracie

Nick Giesbrecht

SiYi Huang

Youx Xaio

Methodology

Interview with Diane Gray• President and CEO of CentrePort

CentrePort Canada 2014-15 Business Plan

Mayor’s Trade Council Report 2008

CentrePort Canada Act Legislation 2008

• What?• CentrePort Canada is North America’s

newest 20,000-acre inland port and Foreign Trade Zone (FTZ), offering unique access to tri-modal transportation (road, rail and air)

• When?• CentrePort Canada officially opened its doors

in November 2009

• Where?• CentrePort Canada is an inland port located

in Winnipeg and Rosser, Manitoba

• How?• Currently there are more than 20,000 acres of

land ready for new development and more than 530,000 square feet of industrial space available in existing warehouse facilities.

Why Winnipeg?• Geographic• Centre of North America• Asia-Pacific Gateway• Mid-Continent Trade Corridor• The port of Churchill

• Economic• Labor costs• Taxes

LogisticRailwaysRoadsInternational airport

http://arcticbridge.com/

Geographic

Transportation

Distances to Selected North American Population Centres

Transit Times to North American Cities

Current Businesses operating within CentrePort

• Major Corporations and Industry Leaders• MacDon, Winpak, Fort Garry Fire Trucks, Boeing, Magellan,

StandardAero, Paterson GlobalFoods, Bison Transport, TransX, Conviron, Gardewine North, GE Aviation, North West Company, Payne Transportation, Rosedale Transport and Peak of the Market.

• Recent Retailer Investments• IKEA and Cabela’s

Strategic Partnerships with Government

• Construction of CentrePort Highway ($212 million)• Headingley Bypass Extension ($150 million)• Flood-proofing of Highway 75 ($250 million)• Extension of Chief Peguis Trail • To McPhillips by 2021 ($110 million)• To Route 90/Brookeside Blvd by 2021 ($130 million)

Strategic Advantages

• Direct access to tri-modal transportation (rail, truck, air cargo)

• Foreign Trade Zone (FTZ) benefits

• Prime industrial land for any size of development – available for sale or lease (including build-to-lease options)

• Lowest published energy costs in North America

• Lowest business costs in Midwestern Canada and US

• Affordable, abundant labour, with competitive wages and government-funded employee health care costs

• Assistance with fast-tracked development approvals

Weekly Average Wages in Western Canada

Rail, Trucking, and Air Cargo Advantage

Rail - Three class I railways have access to CentrePort: Canadian Pacific Railway, Canadian National Railway and Burlington Northern Santa Fe, with CP and CN operating intermodal yards in Winnipeg. Current development of common-use rail facility and adjacent industrial park for rail-intensive business.

Truck - major trucking hub as home to a significant number of national and international trucking companies clustered in and around the inland port. New expressway directly supports this industry by making it more efficient to move cargo to Manitoba’s highway network.

Air - James Armstrong Richardson International Airport is located at CentrePort, and is home to major cargo operations including Fed Ex, Purolator, UPS, Canada Post, Air Canada Cargo and Cargojet Inc. This enables worldwide freight-forwarding services as the airport has the most dedicated freighter movements in Canada.

Canadian Pacific Railway

Canadian National Railway

Burlington Northern Santa Fe Railway

Air

• Winnipeg James Armstrong Richardson International Airport• Canada’s #1 airport for scheduled freighter flights• 24-hour all-weather operations• More than 173,000 tonnes of cargo moved through

Foreign Trade Zone Advantage

CentrePort is Canada’s only Foreign Trade Zone. This means that all commercial businesses operating within CentrePort enjoy the following advantages:

1. Customs Bonded Warehouse: relieves tariffs and sales taxes

2. Duties Relief: provides upfront tariff relief

3. Duty Drawback: reimburses tariffs paid on exported goods

4. Export Distribution Centre: relieves sales taxes, provided that export revenues account for at least 90 per cent of a company’s revenues and that not more than 20 per cent of value be added to the imported products.

5. Exporters of Processing Services: relieves sales taxes provided that the imported goods are owned by a non-resident and sold to a foreign resident.  

Challenges for CentrePortNew Foreign Trade Zone Regulations

• Government regulation promoting more Foreign Trade Zones

• Foreign Trade Zones can be established anywhere in Canada

• Creates competition for Centreport

Challenges for CentrePortFind an Anchor Tenant

• Currently CentrePort does not have an anchor tenant.

• Need to secure an anchor tenant before common use rail facility can be built.

• Target industries include agribusiness and food processing; advanced manufacturing

Challenges for CentrePortMake Themselves Appealing

• Currently CenterPort hopes to “support trade oriented activity, including the exports of manufacturing and agricultural products, as well as inbound products.”

• What does CentrePort do that is not already being done?

• What benefits does CentrePort Offer?

CentrePort Canada Short-term and Long-term Goals

Short-term• business and marketing plans to attract

companies • Land development • Strategic relationships with key partners • Unique soft infrastructure offerings Long-term• to generate own-source revenues• meet financial targets

Questions?