Invest in Canada

Invest in Canada sector profiles – Canada’s competitive advantages

by NewsHound on 30/07/09 at 1:14 pm

Canada’s Industry Strengths

• Advanced Manufacturing: Canada’s global share of the aerospace industry has tripled in the last 20 years, and it is the third-largest exporter of automotive products in the world.

• Agri-food: Canada is the world’s fourth-largest exporter of agricultural products.

• Chemicals: 10 out of 10 G7 top locations for chemicals manufacturing.

• Enabling Technologies: The Canadian Government has established a range of institutions and initiatives to create a supportive business environment for transformative technologies.

• ICT: The strongest growth in exports occurred in wired (+20.4%) and wireless (+16.9%) communications equipment.

• Life Sciences: The Canadian Government plans to double research and development (R&D) investments by 2010 to make Canada one of the five most research-intensive countries in the world.

• Plastics: Canada is the world’s fourth largest exporter of moulds and eighth largest exporter of plastics processing machinery.

• Wood Processing: Canada is the world’s leading producer and exporter of newsprint, and the world’s largest exporter of wood pulp.