Transcript State of the State

State of the State
Global California
Online with the World
Conference
April 25, 2008
Chantal Ramsay, Consul
Ontario and California
• A strong and productive relationship already exists:
– The Governor visited in May 2007 and the Premier will visit
later this year
– Approximately 55% of Canadian parent companies with a
presence in California are based in Ontario.
– Ontario accounts for 73% of the Canadian merchandise exports
to California, and for 55% of the Canadian imports from
California.
– California is the second largest market for Ontario’s goods, and
the seventh largest source of Ontario’s imports among US
states.
The Ontario Economy
Ontario is the economic engine of Canada
• 39% of Canada’s GDP
• 39% of the population
• 39% of the employment
• 40% of Canada’s personal income
• 49% of the manufacturing shipments
• 45% of total Canadian exports
• 50% of international immigration
Ontario Economic Development
• www.2ontario.com
Exports are almost 60% of Ontario’s
GDP
• Total Ontario GDP in 2006:
US$ 487.6 billion
• Total international exports in
2006: 58.9% of GDP
Non Exports
41%
Exports
59%
• California accounts for almost
10% of Ontario’s global
merchandise exports.
• Ontario exports more to
California than it does to the
UK, Mexico and China
combined.
Most exports go to the US
7
USA
UK
86.4
13.6
China
0.6
Norway
1.1
Mexico
Japan
0.9
0.8
3.2
Other
Online Export Help
• http://www.ontarioexports.com
• International Trade Branch, MEDT
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Preparing to export
Country profiles
Trade Fact sheets
Export opportunities
International buyers
Ontario Trade Fact Sheets
• http://www.2ontario.com/EI/tradefactsheet/ontario_tradefactsh
eet.asp?ID=220&type=US
• Ontario – California Two Way Trade