oh, canada! - mitamitaonline.org/wp-content/uploads/2015/02/suzanne-cormie.pdfoh, canada! 1. did you...

25
Suzanne L. Cormie Senior Trade Commissioner, Consulate General of Canada Midwest International Trade Association Conference May 17, 2017 Oh, Canada! 1

Upload: ngoliem

Post on 03-Apr-2018

216 views

Category:

Documents


2 download

TRANSCRIPT

Suzanne L. CormieSenior Trade Commissioner,

Consulate General of Canada

Midwest International Trade Association Conference

May 17, 2017

Oh, Canada!

1

Did you know…

2

Canada 101

• Population: 36

Million

• 10 Provinces and 3

territories

• Capital city: Ottawa

• Official Languages:

English & French

• Currency: Canadian

dollar (CAD)

Some Facts on

Canada

3

Canada and the US:

Partners in Prosperity

• U.S. sells nearly 3 times more to Canada than to China

• Canada and the U.S. share $635 billion in annual trade

• $1.7 billion crossing border every day

• Canada is the #1 export destination for 33 states

4

Canada and the US are each other’s

most important trading partner

• Trade with Canada supports close to 9

million U.S. jobs

• Canadian-owned companies operating

in the United States employ more than

500,000 Americans

5

• Canada welcomes more tourists from the

U.S. than any other country

• Canada is an important destination for

U.S. investment abroad. In 2016, U.S.

direct investment in Canada totalled CAD $392 million.

Canada and the US are each other’s

most important trading partner

6

Top Canadian Exports to the US

• Crude Oil

• Motor Vehicles / Motor Vehicle Parts

• Natural Gas

• Lumber

• Pharmaceuticals

7

• Crude Oil

• Motor Vehicles / Motor Vehicle Parts

• Natural Gas

• Aircraft

• Pharmaceuticals

Top US Exports to Canada

8

Data: Statistics Canada, 2008Source: Office of the Chief Economist, DFAIT

• On average, 17% of

the value of

Canadian exports to

the U.S. is U.S.

content.

• Almost 1/5th of the

value of Canadian

exports to the U.S.

was produced in the

U.S.

• High degree of

integration,

especially in

transportation eq’t

and computers and

… and both

countries’

production is

highly integrated.

0% 20% 40%

Grains

Other utilities

Forestry products

Mineral fuels

Hosiery, clothing and accessories

Tobacco and tobacco products

Non-metallic minerals

Soft drinks and alcoholic beverages

Lumber and wood products

Meat, fish and dairy products

Petroleum and coal products

Other agricultural products

Wood pulp, paper and paper products

Metal ores and concentrates

Furniture and fixtures

Fish and seafood and hunting and trapping products

Pharmaceuticals

Fruit, vegetable and other food products and feeds

Chemicals, pharmaceuticals and chemical products

Electrical, electronic and communication products

Non-metallic mineral products

Leather, rubber, and plastic products

Primary metal products

Computers and office equipment, excluding photocopy and…

Fabricated metal products

Aircraft, aircraft engines, parts, equipment, service and…

Printing and publishing

Miscellaneous manufactured products

Machinery

Motor vehicles, other transportation equipment and parts

Textile products

US Content of Canadian Merchandise Exports

9

Canada is a Top Partner for

Nebraska• Nebraska exported $1.4 billion in goods and

services to Canada in 2016.

• 57,400 jobs in Nebraska depend on Canada–U.S. trade

11

• 2,100 Nebraskans are employed by

Canadian-owned companies

• In 2014, 68,300 Canadians visited

Nebraska and spent $23 million

Canada is a Top Partner for

Nebraska

12

A Strong Partnership in Agriculture

13

• Sourcing

• Obtaining high tech

components & raw

materials

• New kinds of processes

• Service solutions

• Finding companies that

share your interests

• Including your company

in our network of local

contacts

• Inviting you to participate

in Consulate events

• Science & technology/

R&D partnerships and

information links with

Canadian R&D

One of Canada’s 45,000 exporters and world

class research & development institutes may

have exactly what you’re looking for!

How Can We Help You?

14

Building Your Business in Canada

• We can help you find the right partners

• The right partners and information can help

you build your business in Canada

• We can help you find the right service

providers

• Help with you GVC’s

• We can provide answers to your questions on

potential investment projects

15

Geographic

proximity

• Many Canadian production

hubs are closer to key US

markets than corresponding

American centres.

• Of Canada’s 20 largest

cities, 17 are within 100

miles of the border.

Approximately 90% of

Canadians live within this

distance. Mexico City

1000 km

500 km

Los Angeles

Denver

Houston

Atlanta

Seattle

Miami

New

York

Boston

Philadelphia

WashingtonBaltimore

DetroitChicago Cleveland

St. Louis

Pittsburgh

Milwaukee

San Francisco

St. John's

Calgary

Vancouver

ReginaHalifax

Toronto

Montréal

WinnipegCharlottetown

Edmonton

VictoriaOttawa

Windsor

Québec

Fredericton

Saskatoon

16

Omaha

Where are Canada’s clusters?

Aerospace(Winnipeg)

Where are Canada’s Clusters?

17

Advanced Manufacturing

• aerospace

• agriculture

• building products/infrastructure

• clean tech/sustainable technologies

• sustainable energy

• construction/industrial

• vehicles

• transportation industry

• life sciences

• advanced manufacturing

Areas of Opportunity

18

Canadian Agricultural Equipment

Canada ranks among the world’s top

machinery-manufacturing countries.

For foreign investors in the

machinery and equipment sector,

domestic Canadian demand itself

provides significant opportunities for

growth.

Foreign investors in the machinery

manufacturing sector can expect to

become part of a deep value chain

with strengths in a diverse range of

verticals including: construction

machinery and agribusiness

machinery and equipment.

Canadian Agricultural Equipment

19

Women in Business & International

TradeWomen-owned businesses are expanding at unprecedented rates

o Start-up rate is twice the rate of men

o Number of businesses doubled over the last 10 years

o There are nearly 1 million majority-women-owned businesses in Canada.

o Women-owned businesses provide over 1.5 million jobs for Canadians and contribute almost CAD $150 billion to the Canadian economy.

o Women exporters are on the rise; 21.4% of sales from women-owned businesses were generated from foreign markets.

20

Prime Minister Trudeau’s Initiatives:

• Gender-balanced cabinet, a

first for Canada

• Announcement with

President Trump in Feb.

2017 of Canada-U.S.

Council for Advancement of

Women Entrepreneurs and

Business Leaders, to be led

by Monique F. Leroux

of Investissement Québec.

Women in Business & International

Trade

21

“Empowering Women Entrepreneurs and Business

Leaders

It is a priority of both countries to ensure equal opportunities

for women in the workforce. We are committed to removing

barriers to women’s participation in the business community

and supporting women as they advance through it. As part of

this effort, we are creating a Canada-United States Council

for Advancement of Women Entrepreneurs and Business

Leaders. We expect this initiative to promote the growth of

women-owned enterprises and to further contribute to our

overall economic growth and competitiveness, as well as the

enhanced integration of our economies.”

Joint Statement from President Donald J. Trump

and Prime Minster Justin Trudeau

Washington, D.C., United States of America, February 13, 201722

• June 18-22: The Canadian Business Women’s Trade Mission to the Women’s Business Enterprise National Council (WBENC) National Conference and Business Fair, Las Vegas, NV

• September 14-16: Trade Mission to the Go for the Greens Business Development Conference for Women Entrepreneurs, Orlando, FL

• October 3-4: Women in Business North American Summit, Atlanta, GA

• October 15-17: National Women’s Business Conference, Minneapolis, MN

Upcoming Events

23

A strategic choice.

Think Canada!

24

Consulate General of Canada in Minneapolis

Suzanne Cormie

Senior Trade Commissioner

(612) 492-2909

[email protected]

@CanCGMPLS

/CanCGMPLS25