How Canada Promotes International Trade
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Presentation to FIU MBA Class on How Governments Promote International Trade: Case Study of Canada, 15 November 2009
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How Canada Promotes International Trade
- 1. Presentation by Claudio Ramirez Consul and Trade Commissioner Consulate General in Miami
- 2. How governments support the private sector in the area of trade promotion The Case of Canada Florida International University MBA Class November 14, 2009
- 4. Mexico City Saskatoon 1000 km 500 km Los Angeles Denver Houston Atlanta Seattle Miami New York Boston Philadelphia Washington Baltimore Detroit Chicago Cleveland St. Louis Pittsburgh Milwaukee San Francisco St. John's Calgary Vancouver Regina Halifax Toronto Montréal Winnipeg Charlottetown Edmonton Victoria Ottawa Windsor Québec Fredericton
- 8. All Politics is Local WATCH YOUTUBE VIDEO AT http://www.youtube.com/watch?v=yEHXMoKPzvI
- 9. Department of Foreign Affairs and International Trade Canada (DFAIT) Canada has diplomatic and consular offices in over 270 locations in 180 countries.
- 12. Shift Happens, innovation becomes an imperative WATCH YOUTUBE VIDEO AT http://www.youtube.com/watch?v=jpEnFwiqdx8
- 13. BRIC + Emerging Markets
- 14. GVCs
- 18. Canada’s Pacific Gateway Initiative
- 20. Canada’s Footprint in North America
- 37. VTC: Sneak peak Register at infoexport.gc.ca
- 38. Guides
- 41. Market and Sector Reports
Editor's Notes
- Canada is the world’s 2 largest country, but more importantly, largest coastline, which has meant greater access to international markets than any other nation in the world. Couple with close proximity to US, largest domestic consumer market in the world by far, and abundance of natural resources, geography has been a large part of Canada’s destiny.
- Canada-US trade relation is the largest in the world. 17 of Canada’s 20 largest cities are located about 90 minutes from the US border. 75% of our exports are U.S. bound and 58% of FDI originates from the U.S. Bilateral trade was $557 billion in 2008, tripling since our bilateral trade agreement was signed in 1989.
- Canada is the number one customer for 35 U.S. states, and we are in the top 3 in all 50 states.
- On top of the millions of jobs that depend on merchandise and services trade between Canada and the U.S, Canadian subsidiaries on U.S. soil also create jobs and that allows Canada to exert political influence on issues of mutual interest such as keeping our borders opened.
- Diversity of Canadian companies that can be found in Florida
- On June 9, 2009, Canada’s most senior diplomats in the U.S. met with over 75 members of Congress and staff to drive home the message that the Buy American restrictions in the U.S. Recovery Act are costing jobs on both sides of the border. The Canadian delegation was accompanied by close to 30 American business leaders who support the message that by working together our two countries can kick-start the North American economy.
- The department's Foreign Service employees fall into three categories: political/economic officers, management/consular officers and trade commissioners. Canada's Representation Abroad 270 locations: These offices provide a variety of services, although not all offices provide every service. The offices include embassies, high commissions, permanent missions, consulates general, consulates, consulates headed by honorary consuls, and satellite offices. Except for consulates headed by honorary consuls, all of the offices have Canadian staff in addition to locally engaged staff members.
- Central agency, work with other government departments (e.g. Environment Canada on climate change, Heritage Canada on culture. Etc.)
- Video: what does it mean? What should be the role of government. Set the stage, get laws right, create tax incentives, remove barriers, train, allow influx of talent (25% of public companies founded by immigrants, over 50% of Silicon Valley startups, and MIT spinoff larger than state of Massachussetts.
- Brazil, India, China and Russia, along with many other emerging economies including the Czech Republic, Singapore, South Korea, Poland and others have meant increased competition but also new business opportunities for Canada
- Being part of Global Value Chains and industry clusters are key to the success of Canadian companies
- Investments, both inbound (FDI) and outbound (CDIA), and the sales of Canadian affiliates abroad have grown faster than trade (exports and imports) of goods and services, which has forced the government of Canada to broaden its mandate and be more proactive on the investment front.
- Everything we do is rooted in federal policies, such as our Economic Action Plan, our Science & Technology Strategy and our Global Commerce Strategy
- A timeline of how Canada has been responding to change and to the broader needs of our busines community.
- The Canadian Pacific Gateway Initiative is a source of comparative advantage to our exportes and a magnet for foreign direct investment
- The trade side of DFAIT contributes to Canada’s position as a leader in international business development by: Helping Canadian companies to expand and to succeed in the global market place; Negotiating and administrating trade agreements; Promoting Canada as a dynamic place to conduct business.
- 75% of our clients are small and medium-sized companies. Two thirds of our clients have consulted more than one of our offices abroad. 80% are satisfied with the services they have received. (Source: 2004 TCS client survey) 1. New or experienced . . .Before we deliver services, we need to know that the Canadian company is prepared and committed to the market and will be able to deliver products or services. 2. The request could come from any number of different firms. The main concern is that the TCS service provided will lead to economic benefit and prosperity for Canada. 3. The request could be from a consultant or student, but they must have a mandate from the Canadian company they are representing.
- Other tools produced by the government of Canada include exporting guides…
- A monthly electronic newsletter with relevant news about regulations, events, success stories, and training opportunities
- Our missions abroad also produce newsletters to create awareness among foreign companies of Canada’s competitive advantages
- Missions also produce sector reports for specific markets
- How to reach me to learn more….