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Canada’s Agriculture and Agri-Food Sector Canada’s commitment to R&D Employment: 2 million people and accounts for 9% of Canada’s GDP The right workers Fast, easy access to American customers Abundant supply of safe, high quality inputs A solid business investment climate Lowest business costs in North America Record growth in exports The Right Workers • Canada has the workers, the skills, and wage levels and low turnover rates that make doing business more profitable. Fast, Easy Access to American Customers • Products from Canada enter the United States at 156 border crossings from the Atlantic to the Pacific. • Interstate highways such as I-5, I-29, I-75 and I-95 lead directly to major Canadian processing sites. A Solid Business Investment Climate • surplus in federal government financial requirements • low interest rates • low inflation rates • growing domestic economy Record Growth Over Last 6 Years • Canada has greatly increased exports this decade. • Canada is the largest source of agri-food imports to the United States. Low Overall Location Costs Canada has recorded the lowest overall business costs in North America. Canada offers food processors: • the lowest initial investment costs for land and buildings • competitive labor • and benefits • a 5.7% cost advantage over the U.S. Source: KPMG, The Competitive Alternatives, G-7 Edition Abundant Supply of Safe, High Quality Inputs The Canadian Food Inspection Agency (CFIA) gives Canadian-based food processors a competitive edge. Effective risk management and Hazard Analysis Critical Control Point (HACCP) based inspection systems facilitate safe products and access to The CFIA provides: North American • food inspection • product certification and world • monitoring of imports markets. • registration and inspection of food processing plants Canada’s Commitment to Research and Development • R&D Incentives - e.g Scientific Research and Experimental Development Tax Incentive Program • Growth in Collaborative R&D - e.g. Matching Investment Initiative • Innovative R&D Food Networks - e.g. Centres of Excellence • Leading Packaging & Processing Technology Any questions or comments? Please contact us by: MAIL: Rick Cooper, Director, Investment Secretariat Agriculture and Agri-Food Canada 930 Carling Avenue, 8th Floor Ottawa, Ontario, Canada K1A 0C5 TEL: FAX: EMAIL: 613-759-7538 613-759-7480 [email protected]