Consider Canada’s large cities for global trade and investment May 2012.

Consider Canada’s large cities for global trade and investment

May 2012

Consider Canada City Alliance’s mission: a unified voice for Canada’s large cities

• Working together to help international companies determine best Canadian choice for business expansion

• Building city-to-city linkages around the globe

• Providing rapid access to trade and investment opportunities across Canada

• Guiding companies to the Canadian city or cities best aligned to business objectives

• Our job is to make your job easier

2

Welcome to Consider Canada City Alliance

Shaun McLaughlin

Consider Canada’s status as an aggressive trading nation

3

• World’s best country for business reported by Forbes Magazine in its October 2011 study of 134 countries

• Foreign Direct Investment (FDI) in Canada reached $561.6 billion in 2010

• As a NAFTA member, Canada offers businesses access to a North American market of nearly 450 million consumers


Consider Canada’s stellar economicfundamentals – a leader in the G7

4

• World’s soundest banking system

• Fastest projected growth among G7 countries expected for 2012

• Highest quality educational system in G7

• Lowest taxes on new business investment in G7

• Has among the lowest debt-to-GDP ratios in G7

Soundness of banks world rank

Standing among 142 countries. Ranking based on the degree of soundness of financial institutions. Source: Global Competitiveness Report, 2011-12


Consider Canada’s R&D advantages

• Lowest R&D costs in the G7, 12.9% lower than the U.S.• World-class universities, colleges, research institutions doing

cutting-edge research in sectors including: • Advanced manufacturing

• Machinery and equipment

• Agri-food production and processing

• Chemicals and plastics

• Clean technologies

• Information and communications technology

• Life sciences

• Oceans technology

• Aerospace

• Business services

5


Consider Canada’s zero-tariff approach to manufacturing inputs

6

• Tariffs on all manufacturing inputs reduced to zero by 2015

• 50% per year straight-line depreciation for manufacturing and processing equipment

• Adds up to rapid profitability on new Canadian operations


Consider Canada’s strongentrepreneurial culture

7

• It takes only one procedure and five days to register a company

• In 2012 Canada’s combined federal and provincial corporate income tax rate averages 26% − 13 points less than in the U.S.

• Employers in Canada’s large cities enjoy the lowest payroll taxes among G7

Number of entrepreneurs as a percentage of the working population

Source: Statistics Netherlands 2011


Consider Canada’s excellent location and attitude for doing global business

8

• Most of Canada’s population of 34.7 million people live within 200 km of the U.S. border

• Recent multi-billion investments in port, rail, road and air transportation improve supply chain efficiencies

• One in five Canadians has a mother tongue other than English or French

• Asian and European languages spoken extensively

• Canadians have a global mind-set


Canada’s large cities

• Toronto

• Montréal

• Vancouver

• Ottawa

• Calgary

• Edmonton

• Québec City

• Winnipeg

• Waterloo Region

• Halifax

• Saskatoon9


Invest to Succeed: Invest Toronto

• Global Talent – Toronto is a city of unparalleled diversity and talent. 50% of Toronto’s almost 3 million residents were born outside of Canada

• Quality of Life – The Economist Intelligence Unit’s “Global Liveability Report 2011” ranks Toronto in the top 5 global cities for liveability

• Competitiveness – Toronto ranks 2nd in North America for cost competitiveness. Toronto is cheaper than Milan, Rome, Berlin, Paris, London, Frankfurt, Melbourne, Sydney and Tokyo (KPMG, Competitive Alternatives 2012)

10


Greater Montréal: A brain powered economy

• A highly diversified economy built on high technology clusters such as aerospace, ICT, life sciences and cleantech

• An innovation ecosystem: Greater Montréal offers a unique blend of creativity and diversity with a large pool of highly qualified talents

• A compelling mix of the most competitive operating costs and low tax burden – better than any large urban centre in Canada or the U.S.

• A cosmopolitan, bilingual and international city, offering a vibrant cultural and sports scene

11

Credit: Staphan Poulin

Credit: Johanne Palasse


Vancouver: Green Capital and Gateway Hub

• Gateway City: Canada’s largest port and North America’s closest to Asia

• Livable City: Consistently ranked as top in the world

• Competitive City: Lowest corporate taxation among G7 Cities (KPMG)

• Sustainable City: Leading in clean tech and green economy sectors

• Creative economy: a business destination for international artists, studios, other creative talents in visual effects, animation and gaming

• Entrepreneurial, innovative, connected and a magnet for world-class talent

12


Ottawa: Canada’s #1Creative Economy

• Major Global R&D center, residents include IBM, Cisco, RIM, 3M, Alcatel-Lucent, Ericsson, Huawei and Adobe

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

• Richard Florida rates Ottawa first in Canada, 3rd in North America for proportion of Creative Class workers

• Commitment and programs to facilitate your investment decisions and make them successful


Calgary. Be Part of the Energy

• Western Canada’s head office capital

• Has the fastest growing economy in Canada (past 10 years)

• Entrepreneurial capital of Canada

• Has the youngest population in Canada

14

Credit: Fosters and Partners


Edmonton: smart people, smart city, smart investment

• Canada’s top performing economy in 2011

• Internationally recognized as a centre for energy and environmental research and innovation

• Canada’s largest hydrocarbon processing centre

• $290 billion in current and planned oil sands investment in the city service area

• The University of Alberta, in Edmonton, is Canada’s 2nd largest research university

15


Québec City: an enviable economic vitality

• Outstanding quality of life

• Remarkable pool of researchers (400 labs, groups, institutes and R&D centers)

• Strong and resilient economy, based on high-growth sectors: insurance, life sciences, ICT, optics, photonics and others

• Biggest GDP increase of the top 8 Canadian CMAs over the past five years (11.9% between 2006-2011)

• One of the lowest unemployment rates in Canada (5.3% in 2011)

16


Winnipeg: creative, intelligent and culturally diverse

• Stable and diverse growing economy

• Mid-west North America’s lowest overall business costs (KPMG 2012)

• Centrally located: home to Canada’s first inland port and foreign trade zone

• Largest aerospace centre in Western Canada

• Advanced manufacturing employs over 110,000 people in Winnipeg

17


Waterloo Region: Canada’s leader in innovation

• Waterloo Region leads with our successful entrepreneurial spirit

• Waterloo Region is “urban meets rural” with strong cultural roots

• Waterloo Region is intelligent, friendly and modern

• Waterloo Region leads with a talent pool ready to grow your business

18


Halifax: A Canadian gateway to the world

• Primary economic engine for Atlantic Canada

• Strategic location on North America’s east

coast

• $31 Billion in major projects – including $25

Billion contract to build Canadian Navy’s next

fleet of combat vessels

• Diverse economy powered by thriving industry

sectors – finance and insurance, aerospace

and defence, ICT and digital industries, ocean

tech

• Ranks 4th of 113 cities for international

business cost competitiveness (KPMG 2012)

• Smart City – large, highly-educated workforce

19


Saskatoon: Canada’s fastest-growing city

• Has one of the fastest growing economies in North America

• Has one of the lowest business costs in western North America

• Has one of the most diverse local economies in Canada

• Is a hub for the number one mining province in Canada

20


Consider Canada’s excellent quality of life

• The Reputation Institute ranks

Canada as the highest among 50

countries based on several

indicators including: quality of life,

safe place to live, advanced

economy, effective government

and an appealing environment

• Canada has cultural diversity

within a tolerant society and offers

public healthcare

21

Source: Reputation Institute, New York, January 2012

Global reputation: ranking of top ten countries


Consider Canada’s highly educated people

22

Percentage of population age 25-64 with post-secondary education

Source: OECD, Education at a Glance 2011


Consider Canada’s large cities today!

• Toronto

• Montréal

• Vancouver

• Ottawa

• Calgary

• Edmonton

• Québec City

• Winnipeg

• Waterloo Region

• Halifax

• Saskatoon23


Consider Canada’s large cities for global trade and investment

May 2012

Consider Canada’s large cities for global trade and investment May 2012.

Documents

Transcript of Consider Canada’s large cities for global trade and investment May 2012.