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Think Creative. Think Competitive. Think Bottom Line. Think  Canada. August-September 2010
Table of  Contents Page I   Excellent Economic Fundamentals   3 II   A Cost-Competitive Business Environment   12 III   A Dynamic Workforce   25 IV   A Solid Infrastructure   33 V   Easy Access to Markets   39  VI   An Excellent Place to Live     44
I   Excellent Economic Fundamentals
2006-09 Canada has a Relatively Strong Economy  Despite the Global Slowdown Consensus Economics ,[object Object],Source: Consensus Forecasts, August 2010, Consensus Economics Inc. 2010-11
2006-09 ,[object Object],Source: OECD Economic Outlook, No. 87, May 2010. Other Forecasts also Highlight Canada’s  Relatively Strong Economy OECD 2010-11
Canada also has Superior Employment Growth…  ,[object Object],Source: U.S. Bureau of Labour Statistics, OECD Economic Outlook, No.87, May 2010
… a Sound Fiscal Advantage  ,[object Object],[object Object],[object Object],* Forecasts for both countries Source Canada: The Federal Budget, Finance Canada,  March 4, 2010 Source United States: United States Congressional Budget Office, March 5, 2010.
[object Object],…Leading Most Other G-7 Countries Source: OECD Economic Outlook, No.87, May 2010 2008 2009-11
…a Low Inflation Rate Regime… ,[object Object],[object Object],Source: OECD Economic Outlook, No. 87, May 2010
[object Object],[object Object],….Low Interest Rates Source Canada: Government of Canada 10-Year Bond: September 10, 2010 Source U.S.: U.S. Treasury, Constant Maturity 10-Year Bond: September 10, 2010 Canada U.S. U.S. Canada
…and Great Potential for Future Economic Prosperity ,[object Object],*  The Prosperity Potential Index measures the likelihood of economic prosperity in the year 2020 for 30 developed countries. The ranking is based on data from the OECD on areas that spark future economic development: demographics, trade, energy, technology and education.  Source: Canadian Business Magazine, October 26, 2009
II   A Cost-Competitive Business Environment
Canada’s Positive Business Climate… ,[object Object],[object Object],[object Object],Source: The Economist Intelligence Unit, August 2010
…is a Safe Haven for Business Investment… ,[object Object],[object Object],[object Object],[object Object]
…Involving Relatively Few Steps in  Establishing a Business… ,[object Object],[object Object],Source: Doing Business in 2010 - The World Bank Group, 2009  * A "procedure" is defined as any interaction of the company founder with external parties (government agencies, lawyers, auditors, notaries, etc). Interactions between company founders or company officers and employees are not considered as separate procedures. For example, an inauguration meeting where shareholders elect the directors and secretary of the company is not considered a procedure, as there are no outside parties involved.
…and Relatively Less Time ,[object Object],Source: Doing Business in 2010- The World Bank Group, 2009
Canada also has Low Business Costs… ,[object Object],[object Object],Source: KPMG Competitive Alternatives 2010
…and Offers an Overall Tax Advantage for Firms to Expand… Source: The Federal Budget, Finance Canada, March 4, 2010 and the OECD Tax Database.  *  METR takes into account federal and provincial statutory corporate income tax rates, deductions and credits available in the corporate tax system and other taxes paid by corporations, including provincial capital taxes and retail sales taxes on business inputs. ,[object Object],[object Object]
…with Quality R&D as its Major Benefit ,[object Object],[object Object],[object Object],[object Object],Source: Warda, Jacek, Rating Measuring Canada's R&D Tax Incentives: May 22, 2009 Note: Relative generosity is determined by dividing the after tax cost of performing $1.00 of R&D by 1 less the corporate tax rate.  Results are indexed to the relative generosity of Canada's system of tax-based support for R&D. The higher the ratio the more competitive the tax system. * Calculations based on large firms
Canada Offers Competitive and Affordable Business Telephone Charges … ,[object Object],Source: OECD Communications Outlook 2009 * Business (small and medium-sized enterprises) basket of telephone charges include fixed access and 84,000 calls broken down according to distance, destination (fixed, mobile and international), time of day over a one-year period. **PPP = Purchasing Power Parity (equalization of purchasing power of different countries in their home countries for a given basket of goods)
[object Object],… and Low Residential Telephone Charges Source: OECD Communications Outlook 2009 * High usage basket of residential telephone charges include fixed access and 2,400 calls broken down according to distance, destination (fixed, mobile and international), time of day over a one-year period. ** PPP = Purchasing Power Parity (equalization of purchasing power of different countries in their home countries for a given basket of goods)
Canada has Sound Financial Institutions… ,[object Object],[object Object],*Standing among 139 countries. Ranking based on the degree of soundness of financial institutions. Source: Global Competitiveness Report, 2010-11 ** Standing among 500 world banks based on total assets and long-term credit ratings. Source: Global Finance Magazine , September 2010
… Easy Access to Capital… ,[object Object],*Standing among 122 countries. Milken Institute, April 2010
… and Stands Among Leaders in IT Industry Competitiveness ,[object Object],*Standing among 66 countries. Index based on the following six categories of quantitative and qualitative indicators: overall business environment; IT infrastructure; human capital; legal environment; R&D environment; and support for IT industry development.  Source: Economist Intelligence Unit, September 2009.
III   A Dynamic  Workforce
Canada has one of the World’s Best-Educated Workforces… ,[object Object],[object Object],Source: IMD, World Competitiveness Yearbook 2010
[object Object],[object Object],[object Object],…is a World Leader in Youth Academic Performance… Source: OECD 2007
[object Object],[object Object],… and Manufacturing Sector Innovative  Performance *Standing among 110 countries. Index based on  government support for innovation - through tax and education policies, and the quality of infrastructure; the performance of innovative companies, measured by factors such as high-tech exports, the amount of intellectual property generated and employment growth.  Source: The Innovation Imperative in Manufacturing – How the United States Can Restore its Edge, Boston Consulting Group, March 2009
Canada has Superior Management Training… ,[object Object],[object Object],[object Object],[object Object]
… the Highest Concentration of Entrepreneurs… ,[object Object],[object Object],[object Object],Source: Statistics Netherlands 2008
…PC and Internet Users… ,[object Object],Source: IMD, World Competitiveness Yearbook 2010
…and a Readily Available Army of Qualified Engineers… ,[object Object],Source: IMD,  * Rank among 58 economies considered in the World Competitiveness Yearbook 2010.
IV   A Solid  Infrastructure
Canada’s Highly Globalized Infrastructure…. ,[object Object],[object Object],Source: A.T. Kearney/Foreign Policy Magazine, 2007  * Standing based on 12 characteristics under the headings of trade, FDI, telephone, travel, remittances & personal transfers, internet users, internet hosts, secure servers, international organizations, UN peacekeeping, treaties and government transfers.
[object Object],[object Object],[object Object],CDIA FDI … .is Driven by a Dynamic Two-Way Investment Process Source: Statistics Canada, April 14, 2010
The United States is  Canada’s Largest Source of FDI… ,[object Object],Source: Statistics Canada, April 14, 2010
[object Object],Source:  Statistics Canada, April 23, 2010 Foreign direct investment in Canada  by geographic area of origin 1990-2009 Billion $Cdn EU US Others … and Companies from Other Countries are also Increasing their Investments in Canada
[object Object],Canada Welcomes Foreign Investment in Various Industries Source: Statistics Canada, April 23, 2010 1.1 19.0 2.9 1.6 2.5 10.9 0.9 100.0 13.1 2.7 35.5  6.4 1.9 0.5 0.2 0.9 2009 Distribution (%) * North American Industry Classification System (NAICS)
V   Easy Access  to Markets
Canada Offers Efficient Flows of Goods Across Borders… ,[object Object],Global Enabling Trade Report 2010, World Economic Forum.
[object Object],[object Object],[object Object],…a Streamlined Trans-Border Transportation System… Source:  Statistics Canada and Transport Canada, 2008  (* Preliminary data for 2008 air passengers) Truck Air 20.8 million 11.5 million
[object Object],[object Object],[object Object],…and Direct Access to the NAFTA Market Mexico City Saskatoon * Source: World Bank: World Development Indicators database, October 2009 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
Canada has Efficient Transport Linkages Tying North America with Asia  ,[object Object],[object Object],[object Object]
VI   An Excellent  Place to Live
Canada is a Desirable Location to Live, Work, Study and Invest… ,[object Object],[object Object],[object Object]
… and has the Best Overall Quality of Life Among Countries… ,[object Object],Source: IMD,  * Rank among 58 economies considered in the World Competitiveness Yearbook 2010.
[object Object],…with Exceptional Quality of Life in Cities…. Source: Mercer Human Resources Consulting: May 2010
[object Object],…and Superior Eco-City *  Standings Source: Mercer Human Resources Consulting: May 2010 * Includes the following criteria: Water availability, water portability, waste removal, sewage, air pollution and traffic congestion.
Canada is a Leader in Human Development * … ,[object Object],*Standing among 182 countries. Index based on achievements in terms of life expectancy, educational attainment, and adjusted real income. Source: United Nations Human Development Report 2009-2010, October 5, 2009
…and Ranks Among Model Nations of Peace ,[object Object],*Standing among 149 countries. Index ranking countries based on peacefulness, both domestically and abroad using 23 indicators, including the number of soldiers killed overseas, the level of violent domestic crimes and relations with neighbouring countries.  Source: Economist Intelligence Unit, June 2010
Canada is also a Safe and Just Society… ,[object Object],Source: IMD  * Confidence that person and property is protected. Rank among 58 economies considered in the 2010 World Competitiveness Yearbook.  **Degree of fairness of the judicial system in Society. Rank among 58 economies considered in the 2010 World Competitiveness Yearbook.
…a Land of Equal Opportunity… ,[object Object],Source: IMD  * Race, gender, family background does not pose a handicap for competitiveness.  Rank among 58 economies considered in the 2010 World Competitiveness Yearbook.
….and a Society Rich in Multiculturalism ,[object Object],[object Object],Source: Statistics Canada, 2001 and 2006 Census * based on mother tongue.  ** includes Cantonese and Mandarin
Canada – Solid Reasons to Invest ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Think Creative. Think Competitive. Think Bottom Line. Think  Canada. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Invest in Canada ,[object Object],[object Object],[object Object],[object Object],[object Object]

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Think canada 2010

  • 1. Think Creative. Think Competitive. Think Bottom Line. Think Canada. August-September 2010
  • 2. Table of Contents Page I Excellent Economic Fundamentals 3 II A Cost-Competitive Business Environment 12 III A Dynamic Workforce 25 IV A Solid Infrastructure 33 V Easy Access to Markets 39 VI An Excellent Place to Live 44
  • 3. I Excellent Economic Fundamentals
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  • 12. II A Cost-Competitive Business Environment
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  • 25. III A Dynamic Workforce
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  • 33. IV A Solid Infrastructure
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  • 39. V Easy Access to Markets
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  • 44. VI An Excellent Place to Live
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