Transcript Ontario International Marketing Centre

Doing Business in the
Province of Ontario, Canada
Angela Spreng
Commerical Officer
Ontario International Marketing Centre
Consulate of Canada, Munich, Germany
Zagreb, October 26, 2010
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Ontario, Canada
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Ontario: Canada’s Economic
Powerhouse
37%
GDP
39%
Population
39%
Personal Income
44%
Financial services employment
49%
High-tech employment
46%
Manufacturing shipments
36%
Goods exports
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Ontario: Central Location
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Ontario’s Key Sectors
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Automotive and Advanced Manufacturing
ICT: Wireless, Digital Gaming
Chemical
Aerospace
Biotechnology/ Pharmaceutical/ Medical
Devices
• Agriculture and Food Processing
• Renewable Energy
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Ontario’s GDP compared to other
countries
900
500
681
673
478
374
300
344
332
324
315
278
257
246
199
194
187
186
100
-100
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Billion US $
700
830
Latest figures at PPP for all OECD countries are available for 2008. Estimates for Ontario
Source: Ontario Ministry of Finance, OECD
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Ontario’s Regional Strengths
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Ontario’s Exports and Imports
Top Product Categories
•Goods Exports
•1. Motor Vehicles and parts – 29.9%
•2. Machinery and Mechanical
Appliances – 10.7%
•3. Precious Stones, Metals, etc. – 6.5%
•4. Electrical and Electronic
Machinery/Appliances – 5.5%
•5. Plastic Products – 3.7%
•Goods Import
•1. Motor Vehicles & Parts – 19.4%
•2. Machinery and Mechanical
Appliances, etc. – 15.6%
•3. Electrical/Electronic Machinery and
Equipment – 11.6%
•4. Oils & other petroleum products –
3.8%
•5. Plastic products – 3.7%
Mech
Appl.
10.7%
Other
54%
Electrical
5.5%
Motor
Vehicles
& Parts
30%
Mech.
Appl.
15.6%
Electrical
11.6%
Other
54%
Motor
Vehicles
& Parts
19.3%
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Food Processing Industry in Ontario
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Renewable Energy in Ontario
• The Green Energy and Green Economy Act (2009)
– encourages the growth of renewable energy and a
conservation culture in Ontario
– a comprehensive feed-in tariff program
– several initiatives to promote environmental
sustainability and build a green economy.
• Dr. Hermann Scheer: this law makes Ontario the leader
in North America and “a world leader in renewable
energy development, industrial innovation and climate
protection."
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Electricity Supply Mix
Ontario 2006 and 2025 Target
2006 In-Service Capacity
Mix
Target 2025 In-Service
Capacity Mix
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Feed-in Tariff Program
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Domestic Content Requirements
• Wind and solar developers will be required to have a
certain percentage of their project costs come from
Ontario-manufactured products/ service/ labour.
• For wind, the requirements start 25% and increase to
50% on January 1, 2012.
• For micro solar photovoltaic (PV) projects (10 kW or
smaller), the requirements start at 40% and increase to
60% on January 1, 2011.
• For solar PV, the requirements start at 50% and increase
to 60% on January 1, 2011.
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Ontario International Marketing Centre:
• The Ontario International Marketing Centre in
Munich is the official representation of the
government of Ontario in Germany.
• We work to attract foreign direct investment to
Ontario and to promote awareness of and
access to Ontario-produced goods and services.
• Our confidential services are free of charge and
include market intelligence, site location
assistance and connecting international buyers
to Ontario exporters.
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More Information
Ontario International Marketing Centre
Consulate of Canada Munich
Tal 29
80331 München
Tel.: +49(0)89-219957-60
Fax: +49(0)89-219957-65
Dr. Terrie Romano, Consul
Email: [email protected]
Angela Spreng, Commercial Officer
Email: [email protected]
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