Transcript Canada`s large cities

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
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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
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Welcome to Consider Canada City Alliance
Consider Canada’s status as
an aggressive trading nation
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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
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Consider Canada’s stellar economic
fundamentals – a leader in the G7
Soundness of banks
world rank
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Standing among 142 countries. Ranking based on the
degree of soundness of financial institutions.
Source: Global Competitiveness Report, 2011-12
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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 debtto-GDP ratios in G7
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Consider Canada’s R&D advantages
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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:
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Advanced manufacturing
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Machinery and equipment
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Agri-food production and processing
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Chemicals and plastics
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Clean technologies
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Information and communications technology
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Life sciences
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Oceans technology
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Aerospace
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Business services
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Consider Canada’s zero-tariff
approach to manufacturing inputs
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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
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Consider Canada’s strong
entrepreneurial culture
Number of entrepreneurs
as a percentage of the
working population
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Source: Statistics Netherlands 2011
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
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Consider Canada’s excellent location
and attitude for doing global business
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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
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Canada’s large cities
• Toronto
• Montréal
• Vancouver
• Ottawa
• Calgary
• Edmonton
• Québec City
• Winnipeg
• Waterloo Region
• Halifax
• Saskatoon
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Welcome to Consider Canada City Alliance
Invest to Succeed: Invest Toronto
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Global Talent – Toronto is a city of
unparalleled diversity and talent. 50% of
Toronto’s almost 3 million residents were
born outside of Canada
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Quality of Life – The Economist Intelligence
Unit’s “Global Liveability Report 2011”
ranks Toronto in the top 5 global cities for
liveability
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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)
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Greater Montréal:
A brain powered economy
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Credit: Staphan Poulin
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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
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Welcome to Consider Canada City Alliance
Vancouver: Green Capital
and Gateway Hub
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Gateway City: Canada’s largest port and
North America’s closest to Asia
Livable City: Consistently ranked as top in
the world
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Competitive City: Lowest corporate taxation
among G7 Cities (KPMG)
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Sustainable City: Leading in clean tech and
green economy sectors
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Creative economy: a business destination
for international artists, studios, other
creative talents in visual effects, animation
and gaming
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Entrepreneurial, innovative, connected and
a magnet for world-class talent
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Welcome to Consider Canada City Alliance
Ottawa: Canada’s #1
Creative Economy
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Major Global R&D center, residents
include IBM, Cisco, RIM, 3M, AlcatelLucent, Ericsson, Huawei and Adobe
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Forbes labels Ottawa as one of the least
congested, fastest growing and
affordable cities in North America
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Richard Florida rates Ottawa first in
Canada, 3rd in North America for
proportion of Creative Class workers
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Commitment and programs to facilitate
your investment decisions and make
them successful
Welcome to Consider Canada City Alliance
Calgary. Be Part of the Energy
Credit: Fosters and Partners
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Western Canada’s head
office capital
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Has the fastest growing
economy in Canada
(past 10 years)
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Entrepreneurial capital
of Canada
• Has the youngest population
in Canada
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Edmonton: smart people,
smart city, smart investment
• Canada’s top performing economy in
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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
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Québec City: an enviable
economic vitality
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Outstanding quality of life
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Strong and resilient economy, based
on high-growth sectors: insurance, life
sciences, ICT, optics, photonics and
others
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Biggest GDP increase of the top 8
Canadian CMAs over the past five
years (11.9% between 2006-2011)
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One of the lowest unemployment rates
in Canada (5.3% in 2011)
Remarkable pool of researchers (400
labs, groups, institutes and R&D
centers)
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Welcome to Consider Canada City Alliance
Winnipeg: creative, intelligent
and culturally diverse
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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
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Welcome to Consider Canada City Alliance
Waterloo Region:
Canada’s leader in innovation
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Waterloo Region leads with our
successful entrepreneurial spirit
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Waterloo Region is “urban
meets rural” with strong
cultural roots
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Waterloo Region is intelligent,
friendly and modern
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Waterloo Region leads with
a talent pool ready to grow
your business
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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
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Saskatoon: Canada’s
fastest-growing city
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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
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Consider Canada’s
excellent quality of life
• The Reputation Institute ranks
Global reputation:
ranking of top ten countries
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
Source: Reputation Institute, New York, January 2012
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Consider Canada’s
highly educated people
Percentage of population age 25-64 with post-secondary education
Source: OECD, Education at a Glance 2011
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Consider Canada’s large cities today!
• Toronto
• Montréal
• Vancouver
• Ottawa
• Calgary
• Edmonton
• Québec City
• Winnipeg
• Waterloo Region
• Halifax
• Saskatoon
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Welcome to Consider Canada City Alliance
Consider Canada’s large cities
for global trade and investment
May 2012