Canada s Large Cities: Collaborating For Global Success

Transcription

1 Canada s Large Cities: May 2015

2 Consider Canada City Alliance: a unified voice for Canada s large cities 11 cities working together to promote Canada as an ideal destination for global trade and investment. Our job is to make your job easier! 2

3 Global Trends Concentration of population into cities Increasing importance of cities to national economies Supply chains are global Increase of city to city relationships Increasing importance of services as opposed to manufacturing Competition for high value components of supply chains 3

4 Reference Points 300 largest cities have 20% of the population 50% of the economic activity Think tanks active: Brookings Institute (US), Centre for London (UK), Centre for Cities (UK) IBM: Smarter Cities initiative Cisco: Smart+Connected Communities initiative Microsoft: CityNext initiuative Sacramento Mayor: US ripe for city driven federalism 4

5 Modern Charter for Local Freedom Core Cities, Advocacy Group in the UK Devolution Summit, Glasgow, February 2015 Freedom to decide: Independence but not one size fits all Freedom to invest: Prosperous places not stagnant states Freedom to deliver: Better services, better lives 5

6 Emerging Keys to Global Competitiveness Talent: create, maintain, attract Embracing global supply chains, markets Sustainable economic advantage Concentration on innovation and the Innovation Sectors Show the love, programs to assist targeted companies to chose and stay in your community Integrate government, education/research, business, social programs 6

7 Consider Canada City Alliance Our contribution to Canadian Economy Together, Consider Canada s eleven members represent: Population GDP GDP Growth 7

8 Canada: Believe It! Best country in the G-20 for business Forbes, Bloomberg, The Economist Intelligence Unit # Soundest banking system for seven consecutive years World Economic Forum Highest educated workforce among the OECD Largest recipient of FDI per capita in the G-20,

9 Canada: A leader in the G-7 Leader in R&D spending in higher education as a share of GDP Leader in economic growth, Easiest place to start a business - World Bank Lowest cost in R&Dintensive sectors - KPMG Lowest net debt-to-gdp ratio - International Monetary Fund Most tax competitive country, KPMG Fastest employment growth,

10 Talent Post Secondary Education 10

11 Talent Qualified Engineers 11

12 Talent - Entrepreneurs 12

13 Emphasis on Economic Immigration Federal Skilled Workers Program Federal Skilled Trades Program Canadian Experience Program Business: Start up visa, Immigrant Entrepreneurs, selfemployed, Express Entry Temporary Foreign Workers International Mobility Program Provincial Nominees 13

14 Market Access NAFTA CETA Million Customers Trillion Combined GDP 14

15 Competitiveness Top 5 Countries 15

16 Competitiveness Cost Advantage 16

17 Competitiveness Tax 17

18 Sustainable Competitive Advantage Low corporate taxes Scientific Research & Experimental Development Tax Credits Creative Industries Programs Training, Apprenticeship programs Economic immigration emphasis Foreign Trade and Investment Agreements 18

19 Sustainable Competitive Advantage (2) Export Development Canada Business Development Bank of Canada Industrial Research Assistance Program Toronto Stock Exchange and Venture Exchange Long history with US venture and investment capital, rapidly expanding capability in Canada Domestic incubators and accelerators developing soft landing programs for foreign investors 19

20 Concentration on Innovation Sectors Halifax: Marine Industries, Transportation and Logistics Quebec City: Life Sciences and Optics Montreal: Transportation Industries; Creative Industries Ottawa: Information Technologies, Life Science Toronto: Financial Services, Food and Beverage Waterloo: Advanced Manufacturing; Information Technology 20

21 Concentration on Innovation Sectors (2) London: Advanced Manufacturing, Food and Beverage Winnipeg: Aerospace, Agri-business Saskatoon: Mining, Biotechnology Calgary: Energy, Financial Services Vancouver: Creative Industries, Green Technologies 21

22 Connecting you to community resources $$ Financing Incentives Accounting & Tax Local Partners Immigration Human Resources Real Estate Legal Services 22

23 Success Story: IBM Continuing investments in Canada Largest IBM software development team outside US Largest software developer in Canada IBM Canada Lab: Toronto, London, Ottawa, Fredericton, Saint John, Vancouver and Victoria Ottawa worldwide hub for business analytics software 2010 $170M investment in cloud computing and data centre R&D 2012 $175M IBM Canada Research and Development Centre, virtual collaboration for IBM researchers 2014 new Data Centre announced for Toronto 23

24 Success Story: Cisco (ICT) $4 billion investment in Ontario Toronto, Ottawa, Waterloo Critical component of Cisco s innovation infrastructure John Chambers, best country in the world to do business Strong universities, skilled and loyal workforce, stable economy, supportive government 24

25 Success Story: Huawei (ICT) $210M additional investment in Ontario, Nov R&D positions Ottawa, 75 customer support positions Toronto R&D in mobile networks and applications Reason: skills, research partnerships, market, supportive government, stable economy 25

26 Success Story: Ubisoft (Gaming) Investments in Montreal, Toronto and Quebec City Montreal 2013, additional $373 M investment, online games, network infrastructure, security and customer support. Reason: skills, access to North American market, supportive government. Toronto 2012, additional $500M investment in motion capture studio and technologies. Reason: skills, research partnerships, access to creative content, supportive government. Quebec City 2014, $28M, new studio. Reason: talent 26

27 Success Story: Trend Micro (Security) Global leader in internet and cloud security software HQ in Japan, major operating location in California Acquired Third Brigade of Ottawa in 2009 Reason: Talent, technology, clients Ottawa has continued to grow as a R&D Centre Third Brigade Executives remain in senior positions with the company 27

28 Success Story: Microsoft (ICT) $90M additional investment in Vancouver, May 2014 Establish Microsoft Canada Excellence Centre Focus on training and innovation, emphasis applications and services Reason: skills, research partnerships, market, supportive government, stable economy, immigration Follows on gaming investments in 2009 and 2012 Establishment of Vancouver Development Centre in 2007 to establish global centre of expertise 28

29 Success Story: Janssen (Life Science) 2015 Research partnership announced between Johnson and Johnson Innovations and Mars Innovation Early stage drug development Three research projects in specific sectors: cardiac, diabetes and depression Reason: innovation and entrepreneurship community; integrated healthcare infrastructure 29

30 Success Story Other Investments China Dongdu International Group (tourism, technology), Halifax: talent, transportation infrastructure, emerging technologies Switzerland ABB (Advanced Manufacturing), Quebec City: Charging stations, efficient energy management France Marbour SAS (Agri-Food), Montreal: talent, market Sweden, Syntronics (ICT), Ottawa: talent, NAFTA market, technology India, DevIT (ICT), Toronto: talent, market, technology 30

31 Success Story Other Investments (2) Belgium, AGFA (Life Science), Waterloo: talent, technology, business friendly US, General Dynamics (Defence), London: talent, supply chain, technology, cost competitiveness US, Boeing (Aerospace), Winnipeg: talent, technology, cost competitiveness Japan, Sappora Holdings (Agri-Food), Saskatoon: talent, technology, cost competitiveness China, Bank of China (Financial), Calgary: market Japan, gumi (gaming), Vancouver: talent, North American market, supportive government 31

32 Halifax: A Canadian Gateway To The World Major North American transportation and logistics hub One of the most highly-educated workforce in North America - close to 70% of the working age population have post-secondary certification Top 10 for Business Friendliness in FDI Magazine s ranking of American Cities of the Future 2013/14 Sector Strengths: Financial Services ICT, Gaming & Interactive Media Oceans Transportation & Logistics Aerospace & Defense Life Science 32

33 Québec City: Booming, Willing, and Connected One of the highest GDP growth rates in the country One of the highest concentrations of research facilities in Canada Knowledge-oriented employment market with 1 in 2 jobs created in the knowledge economy combined with a specialized and highly educated workforce Sector Strengths: Applied Technologies Life Science, health and nutrition Value-added materials and transportation equipment Insurance and financial services 33

34 Greater Montréal: A Place That Creates Most direct economic access to the North American and European markets Largest intermodal port in Eastern Canada A highly educated workforce: Canada s No.1 City for university degrees awarded and a world-class academic network Sector Strengths: Aerospace Financial Services Agri-food Industry ICT Life Science & Health Technologies 34

35 Ottawa: Where talent comes to work, play and grow Nation s capital, global recognized centre for innovation 90% of Canada s industrial telecommunications research and development is conducted in Ottawa The most educated workforce in Canada 61% of the city s workers hold a post-secondary degree Sector Strengths: Communications Technologies Aerospace, Defence and Security Digital Media Clean Technologies Life Science Software 35

36 Invest Toronto: Canada s economic engine with great cosmopolitan flair Canada s largest city. Global business hub with world-class talent, postsecondary institutions, and international markets. World s most tax-competitive major city - KPMG s Competitive Alternatives 2014: Focus on Tax Five of the largest banks have their headquarters near Canada s busiest stock exchange Sector Strengths: Financial Services Technology Life Sciences Cleantech and Renewable Technology Food and Beverage 36

37 Waterloo Region: Where business is heading Waterloo Region s business environment offers a survival rate of first-year ICT start-ups at almost double the global industry average Over 1000 technology companies based in Waterloo Region Patents granted per capita is almost 4 times higher than the Canadian average Sector Strengths: Information Technology Advanced Manufacturing Food Processing 37

38 London: When the world is looking for possibilities, they come to London, Canada Located along the busiest NAFTA (North American Free Trade Agreement) superhighway in North America A preferred location for manufacturing and has one of the largest food and beverage processing clusters in Canada World renowned research facilities including Western University and Robarts Research Institute Sector Strengths: Advanced Manufacturing (automotive, aviation, defense) Food and Beverage Processing Digital Creative 38

39 Winnipeg: The World Is Taking Notice Winnipeg boasts the lowest overall business costs in Western Canada, Midwestern U.S. and Pacific U.S Winnipeg is home to CentrePort Canada, the only tri-modal inland port in the country and the only one to provide foreign trade zone advantages Winnipeg has the lowest published electricity rates in North America for mid-sized and large consumers Sector Strengths: Advanced Manufacturing Aerospace Agri-business ICT Transportation and Distribution 39

40 Saskatoon: Real Growth. Real Opportunities The Fastest Growing, Youngest City In Canada (Statistics Canada) Home to the world s largest uranium producing company and the largest fertilizer company 30% of Canada s Agri-Biotech industry is in Saskatoon; Canada s center for plant and animal genome science Sector Strengths: Manufacturing Life Sciences & Biotechnology Mining & Energy Construction 40

41 Calgary. Be Part of the Energy Calgary ranked third in the top 10 large North American cities of the future for economic potential. FDI Magazine, 2013 Highest personal income in Canada and lowest tax rates in Canada Fastest growing labour force and lowest unemployment rate over the past 10 years Sector Strengths: Energy (oil & gas, electricity, coal, alternatives) Financial Services Technology Manufacturing Transportation & Logistics Real Estate 41

42 Vancouver: The City for 21st Century Business First class infrastructure - Vancouver has North America s best airport; an outstanding public transit system; some of the fastest broadband speeds in the world Competitive Tax - One of the most globally competitive tax regimes with low rates and generous refundable R&D incentives Global investment magnet - Vancouver is a magnet for global talent and investment; in 2013 it attracted more venture capital than any other Canadian city Sector Strengths: ICT Digital Entertainment & Interactive Media Green Economy Social Enterprise Life Sciences 42

43 Consider Canada City Alliance: a unified voice for Canada s large cities 11 cities working together to promote Canada as an ideal destination for global trade and investment. Our job is to make your job easier! 43

44 Canada s Large Cities: February 2015