August 2014 Consider Canada’s large cities for global trade and investment

August 2014

Consider Canada’s large cities for global trade and investment

Canada’s large cities:a unified voice for Canada’s large cities

Welcome to Consider Canada City Alliance

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11 cities working together to promote Canada as an ideal destination for global trade and investment.

Our job is to make your job easier!

Our Focus

The Consider Canada City Alliance Inc. (Consider Canada) unites

eleven of Canada’s Economic Development Agencies to:

1. Promote Canada and our respective jurisdictions using a

collaborative approach, as a destination for global trade and

investment;

2. Partner to improve the environment in Canada for foreign

investment; and

3. Exchange best practices in economic development amongst its

members and partners.


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The Importance of the City Level

The members strongly believe:

• Cities play an increasingly critical role in global economic flows, and

• A nation’s value proposition for trade and investment is best presented through an integration of the efforts at the national and regional levels.


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Consider Canada City Alliance – Our contribution to Canadian Economy

Together, Consider Canada’s eleven members represent:


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52%

Canada’s Population

55.7%

Canada’s Employment

54.5%

Canada’s GDP

Consider Canada City Alliance – Our contribution to Canadian Economy

Between 2008 and 2013, Consider Canada’s eleven members represent:


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68%

Canada’s GDP Growth

Sample Activity

• Spring 2012, FDI mission China: Beijing, Chongqing, Guangzhou

• Spring 2013, FDI mission China: Hong Kong, Shenzhen, Beijing

• Fall 2013, FDI mission Europe: Madrid, Amsterdam, Milan

• Spring 2014, FDI Mission Asia: Japan and Taiwan

• Fall 2014 FDI mission Europe: Belgium, Germany, UK


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Sample Mission Results

Results from Europe Mission Survey, December 2013


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City New Contacts Prospects Leads

Madrid 99 33 12

Amsterdam 147 28 12

Milan 158 43 14

Total 404 104 38

Planned 2014 Activity

February• Meeting of Members in Ottawa • Meeting of Communications staff in Ottawa• Asia mission February 23 to March 4

March• Game Developers Conference, San Francisco, March

May to August • Standardization of information from members• Co-ordination of calendars for priority markets • Joining of embedded staff from Invest in Canada August

September• Sep meeting in Quebec City for all members and communications reps• Networking event with IAMC, Quebec City

October to November• Europe Mission 29 Oct - 6 Nov


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Halifax: A Canadian gateway to the world

• Major North American transportation and logistics hub

• Major projects totalling $122 billion in Atlantic Canada

• Diverse economy powered by growing industry sectors such as financial services, transportation and logistics and ocean technology

• One of the most highly-educated workforces in North America - close to 70% of the working age population have post-secondary certification

• Ranked Top 10 for Business Friendliness in FDI Magazine’s ranking of American Cities of the Future 2013/14


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Québec City: Blending the Old and the New World

• Lowest operating costs, affordable electricity rates, competitive salaries and unique fiscal programs

• Industrial diversity driving innovation: Québec City among the top 10 North American cities (2thinknow)

• With 400 labs, groups, consortiums, institutes and research centres: one of the highest concentrations of research facilities in Canada

• Knowledge-oriented employment market with 1 in 2 jobs created in the knowledge economy combined with a specialized and highly educated workforce

• Among the highest GDP growths in Canada

• UNESCO World Heritage site within a vibrant city in harmony with its spectacular natural environment


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Greater Montréal: Greater Montréal, Greater Ambition

• Lowest business operating costs in North America

• Most direct access to the North American and European markets.

• Largest intermodal port in Eastern Canada, access to the Great Lakes and Saint-Lawrence Seaway all year round

• A highly educated force: Canada’s No. 1 City for university degrees awarded and a world-class academic network including McGill, which figures amongst the world’s top 25 universities.

• Knowledge-based industries such as ICT, Financial services and Agri-Food

• 1st city in North America for international conventions

Credit: Staphan Poulin

Credit: Johanne Palasse


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Ottawa: Where Talent Comes to Work, Play and Grow

• 100% high-speed Internet connectivity in schools, universities, hospitals, libraries, research institutes and municipal facilities

• 90% of Canada’s industrial telecommunications research and development is conducted in Ottawa

• Over $4.7 billion CDN invested in Ottawa technology companies in the last ten years

• The most educated city in Canada with 61% of workers having a post-secondary degree and the highest concentration of scientists and engineers in Canada

• Home to over 44 national and academic research labs

• Ranked as one of the least congested, fastest growing and affordable cities in North America


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Invest Toronto: Canada’s economic engine with great cosmopolitan flair

• 4th largest city in North America, within a 90-minute flight from major U.S. cities

• One-quarter of Canada’s population lives in the Greater Toronto Area (GTA)

• Toronto’s GDP tops $314.6 billion in addition to unparalleled cost advantages

• Toronto-based businesses export over $70 billion in goods and services

• 196,108 businesses that have access to a highly skilled, multilingual workforce

• Five of the largest banks have their headquarters near Canada’s busiest stock exchange


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Waterloo Region: Where business is heading

• Proximity to the U.S. market and is supported by state-of-the-art transportation and logistics.

• A highly-skilled and stable workforce educated at three internationally recognized post-secondary institutions; the University of Waterloo, Wilfrid Laurier University, and Conestoga College.

• With over 1000 technology companies, the ICT sector propels other industry sectors to cutting edge standards.

• Patents per capita is almost 4 times higher than the Canadian average, and annual exports from the Region total $11.4 billion with a Regional GDP of 27.5 billion in 2012.

• Over 150 research institutes call Waterloo Region home


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Winnipeg: The World Is Taking Notice

• The lowest overall business costs in Western Canada, Midwestern U.S. and Pacific U.S. (KPMG Competitive Alternatives 2014).

• The lowest published electricity rates in North America for mid-sized and large consumers.

• Home to CentrePort Canada, the only tri-modal inland port in the country and the only one to provide foreign trade zone advantages.

• One of only two Canadian cities with three Class 1 railways: CN, CP and BNSF.

• At the hub of five major continental and global transportation routes, and it’s situated within a 24-hour drive to a population of 100 million.

• Winnipeg has the third-highest number of head offices per capita among Canada's largest cities (11.9 head offices per 100,000 population).


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Saskatoon: Where Enterprise Meets Opportunity

• Saskatoon Is The Fastest Growing, Youngest City In Canada (StatsCan)

• Culture thrives in Saskatoon where diverse traditions, religions and languages are respected and celebrated.

• Home to the world’s largest uranium producing company and the largest fertilizer company.

• 30% of Canada’s Ag-Biotech industry is in Saskatoon; Canada’s center for plant and animal genome science.

• Over 40% of Canada’s arable is in Saskatchewan

• 190,000 km. highway and road network throughout the province, CN and CPR intermodal terminals connect to the US, and both eastern and western Canada; all at the HUB of Saskatoon.


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Calgary. Be Part of the Energy

Credit: Fosters and Partners

• Highest personal income in Canada and lowest tax rates in Canada

• Calgary produces the highest returns for commercial real estate investment

• (Compare to 60 cities, Investment Property Databank, 2013)

• Calgary ranked 22 out of 83 cities in the GFCI (Global Financial Centres Index 15, March 2014)

• Fastest growing labour force and lowest unemployment rate over the past 10 years

• Thriving business environment for many sectors, including manufacturing companies and high tech start-ups

• City with the two largest urban parks in Canada


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Vancouver: Innovative, Creative, Sustainable

• One of the most globally competitive tax regimes with low rates and generous refundable R&D incentives

• First class infrastructure; Vancouver has North America’s best airport; an outstanding public transit system; some of the fastest broadband speeds in the world

• Closest major port to Asia, one of the world’s best natural deep-water harbours and a key international transportation hub

• Some of the lowest energy rates in North America, primarily derived from clean energy

• Vancouver is one of top 10 lowest risk cities in the world to recruit, employ, and redeploy business talent

• Vancouver is a magnet for global talent and investment; in 2013 it attracted more venture capital than any other Canadian city


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Canada’s large cities:a unified voice for Canada’s large cities


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11 cities working together to promote Canada as an ideal destination for global trade and investment.

Our job is to make your job easier!

August 2014

Consider Canada’s large cities for global trade and investment

Documents

August 2014 Consider Canada’s large cities for global trade and investment