TRADE AND INVESTMENT IN NIAGARA - Economic ...
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
TRADE AND
BRING T
INVESTMENT IN NIAGARA
“Choosing to relocate our business from South Africa to St. Catharines
(Niagara) was the easy part. The region has everything we were looking
for: the infrastructure, the talent pool, immediate access to North
American and global markets, the academics, and the quality of life.”
GREG HANNA & DAVE COUSINS, DESTINY RESOURCES
niagaracanada.comTRADE AND INVESTMENT IN NIAGARA...
BRING T
As an Economic Trade Corridor connecting the
niagaracanada.com
agreements are creating new market opportunities
Canadian and United States markets, Niagara is well and positioning Niagara as an incredibly compelling
placed both geographically and strategically. Recent location for companies selling into and out of the
political shifts and changes to international trade North American marketplace.
• LOW CANADIAN DOLLAR A NIAGARA LOCATION
• LOWER COST OF LIVING as a centralized market
hub can create
• LOWER CORPORATE TAXES
significant savings
• LOWER HEALTHCARE COSTS
CANADA
on trade tariffs.
• HIGH R&D SUBSIDIES
• STABLE GOVERNMENT
USA
130 MILLION PEOPLE
WITHIN A 1-DAY DRIVE
EUROPE
• SECURE BANKS (most 800 KM US
THE PROS
(500 MILES)
stable of all G7 countries)
UP
TO A 20%
MARGIN ADVANTAGE
OVER US LOCATIONS A PROVEN ROUTE
TO GLOBAL SHIPPING SUCCESS
FOREIGN TAX & DUTY 4 400-SERIES HIGHWAYS 2 CLASS 1 RAILWAYS
TRADE ZONE SAVINGS FOR 5 INTERNATIONAL BORDER 6 INTERNATIONAL
CROSSINGS INTO THE US AIRPORTS WITHIN 100 KM
STATUS NIAGARA
EXPORTERS WELLAND CANAL CONNECTS THE GREAT LAKES
TO THE ATLANTIC OCEAN
VALUE OF GOODS EXPORT TRADE VALUE INVESTMENT IN NIAGARA
EXPORTED IN 2016: GROWTH 2011-2016: OVER THE LAST 5 YEARS:
$4 BILLION 13.9% $4 BILLION
THE PROOF
CANADA TO ACCEPT NEARLY KEY PRIVATE SECTOR INVESTMENTS SINCE 2010:
1 MILLION
• General Motors of Canada: $480 MILLION
• GE Manufacturing Facility: $345 MILLION
• Ivanhoe Cambridge Outlet Mall: $178 MILLION
IMMIGRANTS OVER THE NEXT 3 YEARS • Cytec Industries: $175 MILLION
GLOBAL TRADE AGREEMENTS — NAFTA, CETA, TPCPP
APRIL 2018INNOVATION IN NIAGARA
CREATE T
“Choosing to relocate our business from South Africa to St. Catharines
(Niagara) was the easy part. The region has everything we were looking
for: the infrastructure, the talent pool, immediate access to North
American and global markets, the academics, and the quality of life.”
GREG HANNA & DAVE COUSINS, DESTINY RESOURCES
niagaracanada.comINNOVATION IN NIAGARA...
CREATE T
Niagara has been an innovation zone since Nikola
niagaracanada.com
Niagara’s incubators, innovation centres and
Tesla and George Westinghouse first harnessed the research institutes are propelling Niagara’s
power of Niagara Falls to create the world’s first economy into the future by blending the collective
hydroelectric power plant and the revolutionary power of academic insight, private sector
construction of the Welland Canal, bypassing the perspective and public sector support.
Niagara Falls and connecting the Great Lakes to the
From the establishment of technologically
Atlantic Ocean.
advanced manufacturing, and cutting-edge
Today, Niagara’s proud history of innovation lives agriculture research, to digital media game
on through collaborative industry, and academic changers, Niagara excels at supporting technical
and government partnerships. talent and enterprise so they can thrive in the
global marketplace.
3 115OUT
OF
MOST COMPETITIVE
18 115 59%OUT
OF
MOST COMPETITIVE OF WORKFORCE
NORTH AMERICAN CENTER NORTH AMERICAN HAVE POST-SECONDARY
FOR DIGITAL MEDIA CENTER FOR R&D EDUCATION
• 13 Canada Research Chairs
• BioLinc Health and
Bioscience Incubator 20 PhD’s conducting
• Cool Climate Oenology ground-breaking
and Viticulture Institute research
DOUBLE-
• NC Research & Innovation
• Walker Advanced Manufacturing
Innovation Centre
• Agriculture and Environmental
Technologies Innovation Centre
• Canadian Food & Wine Institute
• Southern Ontario Network for
DIGIT JOB GROWTH IN KEY
TECHNICAL SECTORS
• Computer systems design: +47%
Advanced Manufacturing • Specialized design: +24.5%
Innovation • R&D: +13.5%
• Waterloo
EASY ACCESS TO • Toronto GAME-CHANGING
THE WORLD’S • Fast Track Visas for INCUBATORS
TOP TECH TALENT Skilled Immigrants
APRIL 2018SAVE T
INCENTIVES IN NIAGARA
“Choosing to relocate our business from South Africa to St. Catharines
(Niagara) was the easy part. The region has everything we were looking
for: the infrastructure, the talent pool, immediate access to North
American and global markets, the academics, and the quality of life.”
GREG HANNA & DAVE COUSINS, DESTINY RESOURCES
niagaracanada.comINCENTIVES IN NIAGARA...
SAVE T
In today’s global marketplace, every penny matters.
niagaracanada.com
From reduced property taxes and development charges
That’s why Niagara regularly benchmarks other cities to duty and tariff exemptions on goods for export,
and asks, “How can we offer more?” Answering that Niagara’s incentives are helping the businesses located
question has led to the creation of several programs here to build a better bottom line. How much better? In
that have been specifically designed to help developers, a study conducted by KPMG Niagara, was identified as
investors and business owners save time and money. one of North America’s most competitive centres for
doing business.
NIAGARA
FOREIGN TRADE ZONE
DUTIES RELIEF DRAWBACK BROWNFIELD REDEVELOPMENT
PROGRAM PROGRAM
CUSTOM BONDED WAREHOUSE
INCENTIVES
• Tax freezes during development
PROGRAM
• Funding for environmental studies
• Rebates to help offset property
EXPORT EXPORTERS OF tax increases
DISTRIBUTION PROCESSING
CENTRE PROGRAM SERVICES
PROGRAM DEVELOPMENT CHARGE INCENTIVES
= SAVINGS FOR SUSTAINABILITY
SAVE 50%
NIAGARA GATEWAY COMMUNITY IMPROVEMENT PLAN UP
ONLY IN NIAGARA
Property tax breaks and development charge grants
TO
of development charges on
eligible developments, expansions,
for eligible projects in Fort Erie, Niagara Falls, conversions and demolitions in
Port Colborne, Thorold and Welland Niagara municipalities
EVEN MORE WAYS TO SAVE HOW CAN WE HELP?
• Downtown Development Incentives Access concierge-style support to
• Environmental Assessment Study Grants research and apply for municipal,
• Building and Façade Improvement Grants and Loans regional, provincial and federal programs
• Heritage Restoration and Improvement Grants and Loans that can drive significant savings for
• Ability to combine our unique and aggressive Regional residential, commercial, industrial and
incentives with generous Provincial and Federal incentives agricultural projects in Niagara.
to save even more!
APRIL 2018LIVE T
QUALITY OF LIFE IN NIAGARA
“Choosing to relocate our business from South Africa to St. Catharines
(Niagara) was the easy part. The region has everything we were looking
for: the infrastructure, the talent pool, immediate access to North
American and global markets, the academics, and the quality of life.”
GREG HANNA & DAVE COUSINS, DESTINY RESOURCES
niagaracanada.comQUALITY OF LIFE IN NIAGARA...
LIVE T
Niagara doesn’t just offer competitive advantages
niagaracanada.com
than the Greater Toronto Area, excellent schools
that boost businesses’ bottom lines. It also boasts and a well-developed recreational infrastructure
a wide range of benefits that improve the lives of create a richer lifestyle equation for Niagara
those living here. Significantly lower home prices residents.
NIAGARA IS ONE OF THE LEAST TRAFFIC CONGESTION
BEST PLACES
IN CANADA TO BUY REAL ESTATE
OF CANADA’S LARGEST CITIES
AVERAGE HOME
RESALE PRICE
MLS $CDN 2017 $388,500
9
EASY ACCESS TO TORONTO ACTIVE TH LOWEST CRIME
AND THE WORLD LIFESTYLE RATE OF CANADA’S
• Summer GO Train EQUIPPED METROPOLITAN
Service from Toronto AREAS
• Daily GO Train
Service arrives in 2021 NATURAL LANDSCAPES
• 6 airports within
1 hour
• 40 golf courses TO EXPLORE AND ENJOY
• 30+ arenas • Niagara Escarpment
• 300+ km of • Lake Erie
ACTIVITIES AND ATTRACTIONS OF cycling trails • Lake Ontario
A GLOBAL TOURISM DESTINATION
• Niagara Falls
• The Shaw Festival
• Casinos and
A+ EDUCATION OPTIONS AND
INTERNATIONAL STUDENT PROGRAMS
• 137 elementary schools
Live Entertainment • 26 secondary schools
Venues • 6 independent schools
• Festivals and Events • Niagara College
• World-class Dining • Brock University
NIAGARA WINE ROUTE CRAFT BEER REVOLUTION BONUS
Niagara’s
unique
96+ WINERIES
13+ LOCAL BREWERIES
AND GROWING
geography creates a
weather forecast that
shines in every season!
APRIL 2018You can also read
