Consider Canada s large cities for global trade and investment

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1 Consider Canada s large cities for global trade and investment October 2013

2 Consider Canada City Alliance mission: a unified voice for Canada s large cities 11 cities working together to promote Canada as an ideal destination for global trade and investment 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

3 Consider Canada City Alliance Our mandate The Consider Canada City Alliance Inc. (Consider Canada) unites eleven of Canada s Economic Development Agencies to: Promote Canada as a destination for global trade and investment; Exchange best practices in economic development amongst its members, and Partner to improve the environment in Canada for foreign investment. 3

4 Consider Canada City Alliance Our member cities Toronto Montréal Vancouver Ottawa Calgary Edmonton Québec City Winnipeg Waterloo Region Halifax Saskatoon 4

5 Consider Canada City Alliance Our contribution to Canadian Economy Together, Consider Canada s eleven members represent: 54% of Canada s population; 56% of its employment; 90% of the jobs growth in Canada between 2007 and 2012; 59% of its GDP, and 72% of Canada s GDP growth between 2007 and

6 Green Technologies Sector Overview Employment: 55,000 going to 100,000 in 5 years Revenue: $10.6B going to $60 B in % of companies export, creating 70% of sector revenue Priority at all levels of government Our projects focus on waste to energy, water, smart buildings Principal incentives: Research Tax Credits, government program for the development of Sustainable Technologies 6

7 Green Technologies - Cities Vancouver Calgary Winnipeg Waterloo Ottawa Montreal Quebec City 7

8 ICT Sector Overview 55,000 employees, $155B in revenue Sector has largest company R&D expenditure in Canada 58% of goods and services exported Ongoing strong investment by MNE s: IBM, Ericsson, Cisco, Google, Huawei Principal incentives: Research Tax Credits; Regional Development Agencies, Provincial programs related to high growth sectors 8

9 ICT - Cities Vancouver Saskatoon Waterloo Region Toronto Ottawa Montreal Quebec City 9

10 Infrastructure Sector Overview Natural resources: Oil and gas, pipelines, mine development, hydro development Urban development: mass transit, water and sewer, highways, smart grid Commercial, industrial facilities/real estate development Residential real estate development Principal incentives: Federal Infrastructure Program, natural resource tax credit programs, real estate tax credit programs 10

11 Infrastructure Cities Toronto Montréal Vancouver Ottawa Calgary Edmonton Québec City Winnipeg Waterloo Region Halifax Saskatoon 11

12 Greater Montréal: A brain powered economy Credit: Staphan Poulin Credit: Johanne Palasse 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 12

13 Invest Toronto: Invest to Succeed A city of unparalleled diversity and talent with 50% of its almost 3 million residents born outside of Canada KPMG ranks Toronto 2 nd for cost competitiveness in North America with an overall cost of doing business lower than Paris, London, Frankfurt and Tokyo Toronto ranks in the top 5 global cities for liveability according to The EIU s Global Liveability Report 2011 Financial capital of the country with thriving businesses in green energy, food processing, information communications technology, life sciences and financial services 13

14 Calgary. Be Part of the Energy Credit: Fosters and Partners Has the 2 nd highest number of head offices and the largest concentration in the country Is forecasted to lead the nation in real GDP growth until 2016 Has one of the fastest job creation rates in Canada Has the youngest population in Canada 14

15 Vancouver: Green Capital and Gateway Hub Gateway Hub: Canada s largest port and North America s closest to Asia Asia connection: nearly 50% of the population is of Asian descent, including Chinese, Filipino, Vietnamese, Japanese and Korean Green Economy: leaders in Fuel Cell technology, Waste Water technology + Sustainable Mining Creative economy: global cluster of creative and digital industries and talent Innovation: city of entrepreneurs and rapidly growing companies magnet for top talent Competitive City: lowest corporate tax in G7 15

16 Ottawa: Canada s #1 Creative Economy Global technology center with 1,800 companies concentrated in high-tech sector Global R&D center with the 2 nd largest concentration of science and engineering employment in North America Forbes labels Ottawa as one of the least congested, fastest growing and affordable cities in North America Richard Florida rates Ottawa first in Canada, 3 rd in North America for proportion of Creative Class workers Commitment and programs to facilitate your investment decisions and successes 16

17 Edmonton: smart people, smart city, smart investment Canada s top performing economy in 2012 Internationally recognized as a centre for energy and environmental research and innovation Canada s largest hydrocarbon processing centre $220 billion in projected oil sands investment in the city service area The University of Alberta, in Edmonton, is Canada s 3 rd largest research university 17

18 Québec City: a rising star The second highest GDP increase among the top 8 Canadian CMAs over the past five years (10.3% between ) One of the lowest unemployment rates in Canada (5.1% in 2012) Robust high performance economy, based on high-growth sectors: life sciences, ICT, optics, photonics and others Ideal innovation and R&D platform with one of the highest concentrations of research facilities Outstanding quality of life 18

19 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 19

20 Waterloo Region: Canada s leader in innovation Innovative, collaborative, diverse, entrepreneurial spirit High standard of living at affordable costs Access to a highly skilled, stable workforce Centrally-located access to the North American Market 20

21 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 4 th of 113 cities for international business cost competitiveness (KPMG 2012) Smart City large, highly-educated workforce 21

22 Saskatoon: Canada s fastest-growing city Forecasted to lead Canada s Cities in GDP growth (Conference Board of Canada) Lowest cost and most tax competitive city in Canada (KPMG) Canada s most diverse city economy (Conference Board of Canada) The hub for Canada s number one Mining Province $2.7 billion in R&D Assets at the University of Saskatchewan and Innovation Place Research Park 22

23 CCCA Visit To Italy See you in Milan! Component of a three city European Investment outreach mission being done in partnership with Invest in Canada November 28: Seminar, one-on-one meetings, reception November 29: Site visits, Thursday follow up Contact in Italy: Emmanuel Kamarianakis, Senior Trade Commissioner, Canadian Embassy, Rome 23

24 Consider Canada s large cities for global trade and investment October 2013

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