Title: Caroline Martin
1Why Canada ? Canada-UK Commercial Relations
- Caroline Martin
- High Commission of Canada
- London
- Daresbury Science Innovation Campus
- October 15, 2007
2 The Trade Commissioner Service
To promote and advance Canadas
economic interests in global markets
- Trade promotion
- Trade policy, analysis advocacy
- Foreign Direct Investment
- Support for Canadian Direct Investment Abroad
- ST collaboration
3Canada more than a nice place to visit
4... transformed by innovation
5Canadas Key Industrial Sectors
- Information and Communication Technologies
- Life Sciences
- Resource and Environmental Technologies
- Advanced Manufacturing Technologies
- Aerospace Technologies
6Canada UK Merchandise Trade
Source Statistics Canada
7Top Canadian Export Markets in Europe
Source Statistics Canada
8Canadian Imports from the UK 2006
Total 10,843.21 million
Source Statistics Canada
9Foreign Direct Investment Position ranking 2nd
Source UNCTAD
10 Foreign Direct Investment Position ranking 2nd
Source UNCTAD
11UK is the No.2 ST Partner of Canada
12Canadas Winning Secrets
- Strong and stable economy
- Welcoming business environment
- Easy access to markets
- Low business and RD costs
- Highly educated workforce 1st class
technological infrastructure - A great place to visit
13Economic Facts
Source CIA Factbook 2006
14Canadas Winning Secrets
- Strong and stable economy
- Welcoming business environment
- Easy access to markets
- Low business and RD costs
- Highly educated workforce 1st class
technological infrastructure - A great place to visit
15Canadas Winning Secrets
- Strong and stable economy
- Welcoming business environment
- Easy access to markets
- Low business and RD costs
- Highly educated workforce 1st class
technological infrastructure - A great place to visit
16Easy Access to Markets
- Direct Access to the NAFTA Market
17Canadas Winning Secrets
- Strong and stable economy
- Welcoming business environment
- Easy access to markets
- Low business and RD costs
- Highly educated workforce 1st class
technological infrastructure - A great place to visit
18Canadas Winning Secrets
- Strong and stable economy
- Welcoming business environment
- Easy access to markets
- Low business and RD costs
- Highly educated workforce 1st class
technological infrastructure - A great place to visit
19Canadas Winning Secrets
- Strong and stable economy
- Welcoming business environment
- Easy access to markets
- Low business and RD costs
- Highly educated workforce 1st class
technological infrastructure - A great place to visit
20Canada still a great place to visit
21Non-US Tourism To Canada 2006
Source Canadian Tourism Commission
22Thank You
www.infoexport.gc.ca caroline.martin_at_internationa
l.gc.ca
23(No Transcript)
24Why Canada ? Canada-UK Commercial Relations
- Caroline Martin
- High Commission of Canada
- London
- Manchester Science Park
- October 16, 2007
25Canadian Exports to the UK 2006Ranking 2nd
Total 10,063.38million
Source Statistics Canada
26There are an estimated 560 Canada-based companies
in the UK. Some selected key investors include
- Future Inns
- RIM
- Royal Bank of Canada
- TD Bank
- Air Canada
- Bank of Montreal
- Alcan
- Bank of Nova Scotia
- Inco
- Carmanah Technologies
- Arius3D
- Canaccord
- Bombardier
- CAE
- Canada Life
- Canadian Pacific
- CIBC
- Nortel Networks
- CHC Helicopter Corporation
- McCain Foods
- Petro-Canada
27There are an estimated 650 UK-based companies in
Canada. Some selected key investors include
- AMEC
- Rio Tinto
- BHP Billiton
- British Petroleum
- Centrica
- Exel
- Kingfisher
- Tomkins
- WPP
- Astra Zeneca
- GSK
- Smith and Nephew
- BAE Systems
- Rolls Royce
- Smiths
- HSBC
- Unilever
- Wolseley
28A Growing Domestic Economy
- According to the OECD and the U.K. based
Consensus Economics Inc., Canada has been a top
performer among the G-7 in GDP growth over the
2002-05 period and is expected to continue its
dynamic performance over the 2006-07 period.
29Lowest Overall Business Costs
- Despite the ongoing strength of the Canadian
dollar in major currency markets, Canada still
tops the G-7 as the least costly country to
conduct business, according to a recent KPMG
report on cost competitiveness. - Canada ranks first among the G-7 in several
manufacturing industries, particularly showing
large cost advantages in RD intensive sectors
such as aerospace, electronics, and biotechnology.
Source KPMG Competitive Alternatives 2006 Edition
30Low Labour Costs
- Labour costthe single most important
location-sensitive cost factor examined in the
KMPG studyis the lowest in Canada among the G-7
countries.
Source KPMG Competitive Alternatives 2006 Edition
31Low Energy Costs
- Canada has abundant oil, gas, coal and
hydroelectric resources. - Electricity costs for industrial users are
significantly lower in Canada than in the U.S. - The annual electrical costs for an average
manufacturer are 21.3 lower in Canada than in
the U.S.
Source KPMG Competitive Alternatives 2006 Edition
32Among Leaders in PCs and Internet Users
- Canada is second only to the U.S. among the G-7
in terms of personal computers and ranks among
G-7 leaders with respect to Internet users per
capita.
Source IMD, World Competitiveness Yearbook 2006
33The Worlds Best-Educated Workforce
- The overall skill level of Canadas workforce
ranks high among competing countries. - According to 2001 Census figures, Canada has the
highest percentage of individuals achieving at
least college or university education, among OECD
member countries.
Source 2001 Census, Statistics Canada
34Best Overall Quality of Life
- Canada has the best overall quality of life among
the G-7.
Source IMD, Rank among 61 economies
considered in the World Competitiveness Yearbook
2006.