STATE OF ARIZONA

Land of Opportunities for the Future

MONTREAL - May, 20th 2009

Arizona: Quick Facts

Population

2008: 6.5 million

Annually recognized as one of the fastest growing states in the United States

Average age: 26.6 years

Jobs

2.84 million

83,349 Businesses

(3+employees)

Geographic Density

113,635 square miles

45.2 persons per square mile

Why Arizona ?

Attractive year round climate

World class university system

Six international airports

2nd busiest port in US (Long Beach)

Local track record of success

 

Arizona – things you probably did not know...

32M population within 5 hour drive of Phoenix

Aggressively supportive government agencies

Business indices rate Arizona twice as favourable as California

Arizona Tech Council, an active well organized industry organization

Population Projections

0

20

2010 2020 2030 2040 2050

6.99 8.77 10.34 11.69 12.83

In Millions

Arizona: Industries of Opportunity

AerospaceBoeing

BombardierEmbraer

Goodrich

Honeywell

Lockheed Martin

Northrop Grumman

Raytheon

BioscienceAbraxis

GE Medical

International Genomics Consortium

Translational Genomics Research Institute (TGen)

W.L. Gore

Environmental TechnologyAllied Waste

First Solar

Global Solar

Kyocera Solar

SOLON America

Southwest Windpower

Information & CommunicationTechnologyAvnetIntelInsight EnterprisesJDA SoftwareST MicroelectronicsON Semiconductor

Phoenix… From a US Hub to a Major International CityPopulation Growth (2006-2007) : Phoenix - First in North America

Source: Montreal International 2008

Phoenix… From a US Hub to a Major International CityJob Growth: Phoenix - First in North America for the period 1997-2007

Source: Montreal International 2008

Metropolitan Area Job Growth 1997 - 2007

Phoenix 36.22 %

Toronto 28.86 %

Atlanta 26.94 %

Montreal 23.07 %

Miami 22.63 %

San Diego 19.97 %

Los Angeles 19.28 %

Houston 19.08 %

Denver 17.68 %

Dallas 17.67 %

Washington 16.20 %

Seattle 15.10 %

New York 8.87 %

Phoenix… From a US Hub to a Major International CityScientific Publication Growth (2006-2007) : Phoenix - First in North America

Source: Montreal International 2008

Phoenix… From a US Hub to a Major International City

University Student as a % of the population : Phoenix ranked in the Top five in the U.S.

*ASU Arizona State of Arizona – Largest University in the US. Source: Montreal International 2008

Phoenix… From a US Hub to a Major International City

Comparison of average salaries of typical occupations

Source: Montreal International 2008

Labor Costs

Director of EngineeringAverage annual base salary (US$)

Montreal116,476

Phoenix120,805

Toronto122,016

Atlanta123,403

Cleveland123,782

Director of Software and DesignAverage annual base salary (US$)

Montreal101,654

Phoenix102,755

Atlanta105,001

Cleveland105,530

Miami105,923

Programming SupervisorAverage annual base salary (US$)

Phoenix114,033

Montreal114,434

Atlanta116,496

Cleveland116,939

Miami117,725

Plant ManagerAverage annual base salary (US$)

Phoenix96,632

Montreal97,565

Cleveland98,232

Atlanta98,655

Miami99,516

Leading UniversityBased Competencies

• Electronics & Optics

• Computer Modeling & Simulation

• Space Science

• Ecological Sciences & Bioagriculture

• Cancer Research

• Neurosciences

• Bioengineering, Bioimaging & Bioinformatics

• Genomic Sciences & Applications for Therapeutics, Vaccines & Diagnostics

Arizona: Strategic Transportation Hub

Global ConnectivityPhoenix Sky Harbor Int’l Airport“the world’s 5th busiest in operations”

Tucson Int’l Airport

96 public airports, some with cargo capabilities

International Ports of EntryFive ports of entry with Mexico

CANAMEX Corridor

Interstate HighwaysWell-connected to major Southwest markets

Rail with Multimodal CapabilitiesMany rail served sites and buildings

Competitive Climate

• Financial Benefits and IncentivesForeign Trade Zones; Enterprise Zones; Empowerment Zones; Job

Training Grants;

Private Activity Bonds

• Workforce Skilled and Ready

• Premier Research andDevelopment Parks

• Abundant Resources andReliable Utilities

Access to Major Markets

• Phoenix to Los Angeles and San Diego: 6 hours

• Phoenix to San Francisco and San Jose: 14 hours

• Phoenix to Dallas: 16 hours

• Phoenix to Denver: 8 hours

128,250 jobs in Arizona are supported by Canada – U.S. trade

Canada is Arizona’s second largest international market , purchasing 11 % of the state’s worldwide merchandise exports.

Bilateral trade flows grew to $3 billion in 2007, which daily represent an average of $8 million.

Canada - Arizona Trade Relations

A CLOSE RELATIONSHIP

C

CANADA - ARIZONA FDI RELATIONS

OVER 100 CANADIAN COMPANIES HAD OPERATIONS IN ARIZONA, ADDING THOUSANDS OF LOCAL JOBS TO THE STATES ECONOMY

Some of the leading Canadian companies including Stantec Engineering, Bombardier, Mitel Networks, Quadra Mining and American Bonanza Gold Corp., invested over $1 billion into the Arizona economy in 2007.

Arizona’s economy is ripe for investment in the high-tech, engineering and information technology sectors. As such, Canada has capitalized on these strengths and has become one of the top sources for foreign direct investment in the state.

OVER 100 CANADIAN COMPANIES INVEST IN ARIZONA

C

A PROFESSIONAL AND PERSONALIZED BUSINESS ASSISTANCE

Our services include:• Aiding you in setting up a US subsidiary

• Providing information on Arizona’s labor force, average wages, business tax, structure and more

• Coordinating site and building searches

• Offering customized financial assistance, including: grants, low interest loans, tax credits, bond financing and job training

• Networking with potential partners, including: suppliers, colleges, universities, law firms, accounting firms, banks, real estate professionals, construction and engineering firms and regional economic development experts throughout the state

• Assisting with immigration-related issues

• Identifying training opportunities

For more information, see www.azcommerce.com.

Arizona Department of Commerce – Office in Canada

Frédérick Bernard

Authorized investment representative

State of Arizona - Arizona Department of Commerce

Tel.: (514) 664-4772 - Cell.: (514) 258-3751 - Fax: (514) 336-5086

4055-105, Sainte-Catherine West

Montreal, QC H3Z 3J8 CANADA

 arizona@cidep.ca |  www.azcomerce.com