14. 6% COST-COMPETITIVE ENVIRONMENT CANADA IS THE MOST COST-COMPETITIVE COUNTRY AMONG THE G7 COUNTRIES COST ADVANTAGE CANADA OFFERS A

Similar documents
Canada s Large Cities: Collaborating For Global Success

[ AEROSPACE INDUSTRIES ] Canada's competitive advantages [ AEROSPACE INDUSTRIES ]

Competitive Alternatives Backgrounder

Cultural Diversity May Be Increasing in Both Canada and the United States, But Important Differences Remain. By Dr. Doug Norris

Chicago s Business Climate

Revenue Requirement Application 2004/05 and 2005/06. Volume 2. Appendix D. Electric Rates Comparison

York Region Solar PV & Smart Grid Technologies. Expand Your Business in the Greater Toronto Area Ontario, Canada

[ OIL AND GAS INDUSTRY ] Canada s competitive advantages

Attachment A. Electricity Rate Comparison Annual Report. May 1, 2011 Rates

Entry Into The Canadian Market

USER S GUIDE. Country Career Guide and USA/Canada City Career Guide. Combined Premium Collection

Competitive Alternatives 2014: Special Report - Focus on Tax

COMPARISON OF ELECTRICITY PRICES IN MAJOR NORTH AMERICAN CITIES. Rates in effect April 1, ,0272

York Region Cloud Computing & Data Centres Expand Your Business In the Greater Toronto Area Canada

Gross Domestic Product (GDP-PPP) Estimates for Metropolitan Regions in Western Europe, North America, Japan and Australasia

Going Global Country Career Guide and USA/Canada City Career Guide Combined Premium Collection USER S GUIDE

Open Government and Information Management. Roy Wiseman Executive Director, MISA/ASIM Canada CIO (Retired), Region of Peel

Benchmarking Travel & Tourism Global Summary

Prince Edward Island. Energy Strategy Consultations

[ BUSINESS SERVICES SECTOR ] [ BUSINESS SERVICES SECTOR ] Canada s competitive advantages

Going Global Country Career Guide and USA/Canada City Career Guide Combined Premium Collection USER S GUIDE

COMPARISON OF ELECTRICITY PRICES IN MAJOR NORTH AMERICAN CITIES. Rates in effect April 1, 2011

USER S GUIDE. Country Career Guide and USA/Canada City Career Guide. Combined Premium Collection

[ SOFTWARE ] [ SOFTWARE ] Canada s competitive advantages

INVEST TO SUCCEED. INVEST TORONTO.

Top 10 Most Developed Financing Sectors in Canada

Global Sector. How does Travel & Tourism compare to other sectors? GDP. Global Direct GDP. Global GDP Impact by Industry

TAMPA INTERNATIONAL AIRPORT

Comparing Total Tax Burden in 2014

2015 NFL Annual Selection Meeting R P O CLUB PLAYER POS COLLEGE ROUND 2

DOMINION LAND SURVEY. COMPOSED AND PRODUCED BY : Chris Rule. Permission is granted for use by acknowledging the author s name.

Forecasting Ottawa s Economic Future

Competitive Alternatives. Special Report: Focus on Tax Edition. competitivealternatives.com. Corporate Sponsors

First of all I want to thank you for inviting me to. talk to you, in this prestigious university. Before

Stephen Dibert Global Practice Lead Life Sciences Foreign Affairs, Trade and Development Canada JBA Seminar - February, 2015

T8131C, T8132C Programmable Thermostat

Russia. How does Travel & Tourism compare to other sectors? GDP. Size. Share. Russia GDP Impact by Industry. Russia GDP Impact by Industry

Investing in the United States

Chicago Business Overview

WHERE DEALS GET DONE.

Canadian Consumer Credit Trends. Q Prepared by: Equifax Analytical Services

ARIZONA-CANADA SUPPLY CHAIN LANDSCAPE ANALYSIS

France: KEY INFO IN POINTS

Country note China. More than 255 million people in OECD and G20 countries have now attained tertiary education (Table A1.3a).

Self-Storage Investment Trends to Watch. April 16, 2015

Canadian Consumer Credit Trends. Q Prepared by: Equifax Analytical Services

WHY INVEST IN FRANCE?

Economic Dashboard - Monthly. Economic Development February 23, 2015

Houston Economic Outlook. Presented by Patrick Jankowski Vice President, Research

Re-Settlers: The Secondary Migration of Immigrants Between Canada s Cities Jack Jedwab Executive Director Association for Canadian Studies

PERFORMANCE AND POTENTIAL. Toronto s Financial Services Sector, 2014.

Benito Gritzewsky. Chairman of the Board FEMIA

[ WIRELESS COMMUNICATIONS ] [ WIRELESS COMMUNICATIONS ] Canada s competitive advantages

DIGITAL ECONOMY ANNUAL REVIEW

Under embargo until 11 September, at 11:00 am Paris time

Trends in Canadian board practices

Michael Langley CEO GREATER MSP OUR REGION

Thank you, Johnny. Welcome to Trade Canada!

Export Development Canada (EDC) Your Financial Partner for Canadian Exports and Investments in Mexico

Global Talent Index Highlights

Do you have a. Do you need to fuel expansion? Recapitalize your business? Turn a struggling enterprise around? Acquire a company?

SUMMARY OF SERVICES

How To Understand The Economic Benefits Of Foreign Direct Investment In The United States

International Education in the Comox Valley: Current and Potential Economic Impacts

How To Predict Travel In Canada

CANADA: A WORLD LEADING LOCATION TO CONDUCT CLINICAL TRIALS

The Ontario investment advantage

University of Kuwait Faculty of Allied Health Sciences Occupational Therapy Department

SBA Administrator Maria Contreras-Sweet. Yolanda Garcia Olivarez Regional Administrator SBA Region VI 1

Japan-Oregon Relations. June 2014 Consular Office of Japan in Portland

More details >>> HERE <<<

Canadian Consumer Credit Trends. Q Prepared by: Equifax Analytical Services

C&D Waste Diversion in Other Jurisdictions. Maria Kelleher 20 th July, 2006

WHY IRELAND? Ireland named Best Country in the World for Business

Doing business with Canada

INVEST IN CANADA VIRTUALIZATION & CLOUD COMPUTING IN CANADA

How s Life in the United States?

2007 Trade Statistics 2008 port of new york and new jersey

Atlanta Rankings 2014

Shaw Direct satellite TV. Public Viewing Brochure

Paying More for Power

BRAMPTON ECONOMIC DEVELOPMENT MARKETING STRATEGY BACKGROUNDER INTERNATIONAL ECONOMIC DEVELOPMENT

Calgary Small Businesses: Fact Sheet

Recruiting Software Engineers in Canada, the United States, the United Kingdom and Ireland

Investing in the United States Tazeem Pasha

T&E. Where Business Travelers Spend Money

Developing Africa: Toward Customer Oriented Urban Transport Policy. Wendell Cox, Demographia CODATU XV Addis Abeba 23 October 2012

GREATER TORONTO HOTEL ASSOCIATION PKF CONSULTING AND CBRE HOTELS OUTLOOK FOR THE CANADIAN LODGING SECTOR 2015/2016. September 15, 2015

Your vision. Let s make it happen.

LIST OF PAST PRESENTATIONS:

COMPARISON OF ELECTRICITY PRICES IN MAJOR NORTH AMERICAN CITIES. Rates in effect April 1, ,0272

National Retail Report Canada FALL 2015 EDITION. Accelerating success.

MONTRÉAL WORLD AEROSPACE LEADER

Norges Bank Investment Management The Norwegian Government Pension Fund - Global & NBIM

Thinkopolis VII: How relevant is bilingualism to your career in Canada in 2015?

Building the Creative Economy on Prince Edward Island

Exhibition & Event Industry Labor Rates Survey

Brazil. How does Travel & Tourism compare to other sectors? GDP. Size. Share. Brazil GDP Impact by Industry. Brazil GDP Impact by Industry

Name: Date: Score

Financial Management Plan. Long term financial health and sustainability

Transcription:

CANADA IS THE MOST COST-COMPETITIVE COUNTRY AMONG THE G7 COUNTRIES COST-COMPETITIVE ENVIRONMENT CANADA OFFERS A 14. 6% COST ADVANTAGE OVER THE UNITED STATES OVERALL CONSULT KPMG REPORT, COMPETITIVE ALTERNATIVES 2014, FOR MORE INFORMATION ON BUSINESS COSTS ACROSS 19 OPERATING SECTORS IN MORE THAN 100 CITIES IN KNOWLEDGE-BASED SERVICES, CANADA S COST ADVANTAGE IS EVEN MORE IMPORTANT RESEARCH & DEVELOPMENT DIGITAL SERVICES Source: KPMG, Competitive Alternatives 2016

CANADA IS MORE COST-COMPETITIVE THAN THE U.S. ACROSS ALL INDUSTRIES, ACCORDING TO KPMG CANADA OFFERS A COST-COMPETITIVE ENVIRONMENT 14. 6% COST ADVANTAGE OVER THE U.S. ON AVERAGE CANADA HAS THE LOWEST COST STRUCTURE AMONG THE G7 COUNTRIES IN ALL 7 SERVICE INDUSTRIES AND ALL 12 MANUFACTURING INDUSTRIES STUDIED BY KPMG CANADA S LABOUR COSTS ARE LOWEST IN THE G7 AND 31.2% LOWER THAN IN THE U.S. Source: KPMG, Competitive Alternatives 2016

CANADA IS OPEN FOR BUSINESS AND WELCOMES FOREIGN INVESTMENT COMPETITIVE BUSINESS ENVIRONMENT CANADA IS THE EASIEST PLACE TO START A BUSINESS IN THE G-7, ACCORDING TO THE WORLD BANK NUMBER OF PROCEDURES REQUIRED TO START A BUSINESS NUMBER OF DAYS REQUIRED TO START A BUSINESS CANADA IS THE BEST COUNTRY IN THE G-20 FOR BUSINESS, ACCORDING TO FORBES TOP 10 COUNTRIES IN THE G-20 FOR BUSINESS 1. CANADA 2. UNITED KINGDOM 3. AUSTRALIA 4. GERMANY 5. UNITED STATES 6. JAPAN 7. FRANCE 8. SOUTH KOREA 9. ITALY 10. SOUTH AFRICA Source: Forbes, Best Countries for Business 2015 Source: Doing Business 2016 The World Bank Group

CANADA IS HOME TO THE WORLD S MOST STABLE FINANCIAL SECTOR CANADIAN BANKS CONTINUE TO DOMINATE THE LIST OF SAFEST BANKS IN NORTH AMERICA IN 2015 FINANCIAL STABILITY 1. TD BANK GROUP 2. ROYAL BANK OF CANADA 3. BANK OF NOVA SCOTIA 4. AGRIBANK 5. CAISSE CENTRALE DESJARDINS 6. BANK OF MONTREAL 7. CIBC 8. COBANK 9. AGFIRST 10. US BANCORP THE WORLD ECONOMIC FORUM (WEF) HAS DECLARED CANADA S BANKING SYSTEM TO BE THE SOUNDEST IN THE WORLD FOR 8 CONSECUTIVE YEARS NO CANADIAN BANK OR INSURER FAILED OR REQUIRED BAILOUTS DURING THE FINANCIAL CRISIS Source: Global Finance Magazine

CANADA PROVIDES A TOP PERFORMING ECONOMY FOR BUSINESSES TO GROW, INNOVATE AND SUCCEED BETWEEN JUNE 2009 AND JANUARY 2016 ECONOMIC PERFORMANCE 1.3 MILLION JOBS HAVE BEEN CREATED AN INCREASE OF 8. 0% 8 OUT OF 10 JOBS ARE FULL-TIME AND IN THE PRIVATE SECTOR Source: Consensus Economics, January 2016 Source: Statistics Canada

CANADA IS THE MOST TAX-COMPETITIVE AMONG 10 COUNTRIES STUDIED BY KPMG FREDERICTON 61% TOTAL BUSINESS TAX COSTS IN CANADA ARE COMPETITIVE TAX ENVIRONMENT CALGARY 58.1% EDMONTON 59.4% SASKATOON 55.8% TORONTO 52.6% BARRIE 55.4% MONCTON 60.9% HALIFAX 56.2% CHARLOTTETOWN 55.8% TOTAL BUSINESS TAX COST ADVANTAGES OVER THE U.S. AVERAGE IN % TOP 10 CANADIAN CITIES ST. JOHN S 63.6% CANADIAN CITIES RANK AHEAD OF THEIR U.S. COUNTERPARTS, WITH TOTAL TAX COSTS WELL BELOW THE U.S. AVERAGE. 48% LOWER THAN THOSE IN THE U.S. TORONTO VANCOUVER MONTREAL 3 CANADIAN CITIES ARE IN THE TOP 5 OF THE WORLD AMONG 51 MAJOR INTERNATIONAL CITIES (POPULATION OF 2 MILLION OR MORE) Source: KPMG, Competitive Alternatives, Special Report: Focus on Tax, 2016 Edition; last updated July 2016

CANADA: YOUR GATEWAY TO THE WORLD UNPARALLELED MARKET ACCESS VANCOUVER VICTORIA EDMONTON CALGARY SEATTLE SAN FRANCISCO LOS ANGELES SASKATOON DENVER REGINA UNI T E D S TAT E S C A N A D A HOUSTON WINNIPEG MONTRÉAL QUÉBEC OTTAWA WINDSOR MILWAUKEE TORONTO CHICAGO BOSTON CLEVELAND NEW YORK PITTSBURGH PHILADELPHIA ST. LOUIS BALTIMORE WASHINGTON ATLANTA CHARLOTTETOWN HALIFAX FREDERICTON THROUGH NAFTA, INVESTORS IN CANADA GAIN PREFERENTIAL ACCESS TO A CONTINENTAL MARKET OF NEARLY US$ ST. JOHN S 21 TRILLION (GDP) WITH APPROXIMATELY 480 MILLION CONSUMERS US$ EACH DAY 1.9 BILLION WORTH OF TRADE CROSSES THE CANADA-U.S. BORDER Source : World Bank Last updated August 2016 M E X I C O MIAMI MEXICO CITY

CANADA: A GREAT PLACE TO LIVE AND PROSPER ACCORDING TO THE OECD, CANADA RANKS 1 ST IN THE G7 IN TERMS OF OVERALL LIVING CONDITIONS AND QUALITY OF LIFE 7. 6 7. 84 1 ST OUTSTANDING QUALITY OF LIFE 6 5. 5 1 5. 7 6 CANADIANS ENJOY THE THIRD HIGHEST STANDARD OF LIVING IN THE G7, AS MEASURED BY GDP PER CAPITA 5 5, 805 4 3, 7 7 1 4 3, 3 3 2 4 0, 9 9 7 3 7, 6 7 5 6. 9 4 6. 9 3 3 2, 4 8 6 7. 2 2 9, 8 6 7 Source: OECD, Better Life Index 2016 Source IMF Fiscal Monitor, April 2016. Last updated August 2016 CANADA ALSO RANKS 1 ST IN THE G7 FOR: DEMOCRACY ( T HE ECON OMIS T I NTEL LIG E N CE U N I T ) ECONOMIC FREEDOM ( T H E HE R I T A G E FOU N D A T ION) SOCIAL PROGRESS ( T HE SOCIAL P ROGR E S S IMPERA T I VE) OVERALL REPUTATION ( T HE R E P U TATION INS T I T U T E )

CANADA PROVIDES BUSINESS WITH A HIGHLY EDUCATED WORKFORCE TALENTED WORKFORCE CANADA OFFERS BUSINESS THE MOST EDUCATED TALENT POOL AMONG OECD COUNTRIES CANADIANS ARE LINGUISTICALLY DIVERSE 1 OUT OF 5 CANADIANS SPEAKS ONE OF OVER 200 LANGUAGES IN ADDITION TO ENGLISH AND/OR FRENCH PERCENTAGE OF INDIVIDUALS AGED 25-64 HAVING ATTAINED TERTIARY LEVEL EDUCATION TOP 10 OECD COUNTRIES Source: OECD, Education at a Glance, November 2015

CANADA: TAKING YOUR GAME TO THE NEXT LEVEL DIGITAL GAMES SECTOR A TALENTED WORKFORCE OF 20,400 PEOPLE OVER 470 STUDIOS CANADA HAS BEEN ATTRACTING LEADING INTERNATIONAL STUDIOS FOR OVER THREE DECADES ONE OF THE LARGEST VIDEO GAME DEVELOPMENT INDUSTRIES IN THE WORLD CANADA OFFERS TAX CREDITS THAT CAN CUT YOUR LABOUR COSTS BY 17. 5% TO 50 % CANADA OFFERS GAME DEVELOPMENT FIRMS THE LOWEST BUSINESS COST IN THE G7 18. 1% AVERAGE COST ADVANTAGE OVER OTHER G7 COUNTRIES 30. 6% COST ADVANTAGE WHEN COMPARED TO THE U.S. Source: KPMG, Competitive Alternatives 2016 Source: Entertainment Software Association of Canada

MINING SECTOR CANADA: A WORLD-LEADER IN MINING AND MINERAL PROCESSING THE MINING AND MINERAL PROCESSING INDUSTRY IN CANADA IS: $60 BILLION OF CANADA S GDP 18. 2% OF CANADIAN DOMESTIC EXPORTS WITH ABUNDANT NATURAL RESOURCES CANADA IS A LEADING PRODUCER OF MANY MINERALS AND METALS CANADA RANKED AS THE WORLD S TOP DESTINATION FOR PLANNED NON-FERROUS EXPLORATION, AT 13.5% OF THE 2015 EXPLORATION BUDGETS 15 12 9 6 3 Source: U.S. Geological Survey (USGS); U.S. Energy Information Administration (USEIA): World Nuclear Assorciation; Kimberly Process 0 350,000 JOBS Source: Natural Resources Canada, Statistics Canada CLOSE TO 60% OF THE WORLD S PUBLICLY LISTED MINING COMPANIES LIST IN CANADA. Source: Toronto Stock Exchange

CANADA: ATTRACTING THE WORLD S TOP SOFTWARE AND COMPUTER SERVICES COMPANIES SOFTWARE & COMPUTER SERVICES CANADA OFFERS SOFTWARE COMPANIES THE LOWEST BUSINESS COST IN THE G7 THE INDUSTRY KEEPS GROWING WITH: 32,000 COMPANIES $56.7 BILLION IN REVENUE $2.1 BILLION IN R&D SPENDING 344,000 JOBS Source: KPMG, Competitive Alternatives 2016 Source: Industry Canada

CANADA: A GOOD PLACE TO LAND YOUR NEXT INVESTMENT IN AEROSPACE AEROSPACE SECTOR MADE UP OF OVER 700 COMPANIES LIEBHERR MARQUEZ ARTEC TECHNOLOGIES BOEING MITSUBISHI CORPORATION SONACA SAFRAN L3 COMMUNICATIONS LUFTHANSA CAE PATT TECHNOLOGIES BFI CANADA MELOCHE HÉROUX DEVTEK PRATT & WHITNEY CANADA THALES AVIOR FINMECCANICA HONEYWELL AIRBUS DELASTEK GE AEROSPACE ROLLS-ROYCE MECACHROME TECHNOLOGIES BELL HELICOPTER AVIANOR DEMA AERONAUTICS COMPOSITES ATLANTIC CONTRIBUTING $30 BILLION IN GDP & 211,000 HIGH-SKILLED JOBS TO THE CANADIAN ECONOMY IN 2015 Source: The Aerospace Industries Association of Canada and Industry Canada BOMBARDIER MDS ALOUETTE EPSILON ESTERLINE MDA SADEC OPAL-RT 3M R&D INVESTMENTS IN CANADA S AEROSPACE MANUFACTURING INDUSTRY HAVE INCREASED BY CLOSE TO 40 % BETWEEN 2008 AND 2013 WITH MORE THAN OTHER INDUSTRY ACTIVITY 20 % OF THE INDUSTRY S ACTIVITY NOW DEDICATED TO R&D AEROSPACE MANUFACTURERS IN CANADA EXPORT NEARLY 80 % OF THEIR PRODUCTS Source: The Aerospace Industries Association of Canada and Industry Canada

CANADA: THE BEST PLACE TO INVEST IN A CLEAN FUTURE CLEAN TECHNOLOGY SECTOR CANADA HAS MORE THAN 750 CLEAN TECH COMPANIES THAT EMPLOY MORE THAN 55,000 PEOPLE AND GENERATE MORE THAN $11 BILLION IN REVENUE CANADA S TOP FIVE CLEAN TECH MARKETS 1. UNITED STATES 2. CHINA 3. UNITED KINGDOM 4. GERMANY 5. MEXICO CANADA S STRENGTHS WATER & WASTEWATER INDUSTRIAL PROCESSES RENEWABLE ENERGY 87% OF CLEAN TECH FIRMS EXPORT CANADIAN CLEAN TECH FIRMS EXPORTED $6.6 BILLION IN 2014 $1.2 BILLION WAS SPENT ON R&D IN 2014 Source: 2016 Canadian Clean Technology Industry Report