why ontario aerospace?

Why Ontario

Aerospace? Presentation for:

Greater Peterborough Area Economic

Development Corporation

NBAA 2013 Las Vegas

Prepared by:

Ministry of Economic Development, Trade and

Employment

October 22, 2013.

2

Your Next Big Idea 2

Ontario: Canada’s Economic Powerhouse

Ontario as a Percentage of Canada, 2012

37% GDP

39% Population

38% Primary household income

44% Financial services employment

48% ICT employment

46% Production of manufactured goods

38% Goods exports

Note: * GDP and Personal income figures are for the year 2011.

Sources: Ministry of Finance, Industry Canada, Statistics Canada

3


Seventh Largest Economy in North America

Top Ten by GDP, 2012

2,004

1,3971,206

777 695601 535 509 508 456

0

400

800

1,200

1,600

2,000

2,400

Califo

rnia

Texas

New

Yor

k

Florid

a

Illinois

Pen

nsylva

nia

Ont

ario

Ohi

o

New

Jer

sey

Nor

th C

arol

ina

Billio

n U

S$

Note: Ontario’s GDP at PPP was estimated as a percentage of Canada’s. Ontario’s GDP listed at PPP.

Source: US Bureau of Economic Analysis, Ontario Ministry of Finance with data from Statistics Canada, and OECD.

4


Positive Economic Growth is Projected for Ontario

for the Next Few Years

Ontario’s Economic Outlook

2013p 2014p 2015p 2016p

Real GDP Growth 1.5 2.3 2.4 2.4

Employment

Growth 1.2 1.4 1.5 1.5

CPI Inflation 1.5 2.0 2.0 2.0

Note: p: projected, e: estimate

Source: Ontario Budget 2013, Ontario Ministry of Finance; Statistics Canada

5


Ontario has a Modern, Efficient and Widely

Networked Transportation System

6


Ontario is Home to the Majority of

Foreign-Controlled Head Offices in Canada

Foreign Head Office Distribution in Canada, 2011

Rest of

Canada

40% Ontario

60%

Source: Statistics Canada

7


139 Million Consumers within a Day’s Drive

Daily Two-way Goods Trade between Ontario-USA for 2012 Valued at C$752 million

Sources: Industry Canada, Statistics Canada and US Census Bureau

8


Ontario has a Highly Educated Population

64

62

50

44

41

38

35

30

17

Ontario

Canada

Ireland

Japan

United States

United Kingdom

Germany

France

Mexico

Post-secondary Educational Attainment (%), Select Markets, 2010

(Age 25-64)

Overall, 64% of

Ontario’s

population has

completed

post-secondary

education

University: 30%

College: 27%

Apprenticeship: 7%

Note: Not all jurisdictions count apprenticeship as post-secondary education

Sources: Statistics Canada and OECD, 2012

9


Ontario’s Strong Educational Infrastructure

531524

500497

494 493

470

480

490

500

510

520

530

540

Ontario Canada USA G8 Avg. EU15 Avg. OECD Avg.

PIS

A 2

00

9 S

co

re

Reading Scores

527 526

500 498 496

487

460

470

480

490

500

510

520

530

Canada Ontario G8 Avg. EU15 Avg. OECD Avg. USA

PIS

A 2

00

9 S

co

re

Mathematics Scores

Organization for Economic Co-operation and Development’s (OECD)

Programme for International Student Assessment, 2009

531 529

509

502 502 501

480

490

500

510

520

530

540

Ontario Canada G8 Avg. USA EU15 Avg. OECD Avg.

PIS

A 2

00

9 S

co

re

Science Scores

Note: OECD’s Programme for International Student Assessment (PISA) compares standardized test results of 15 year-olds in 65

countries. It is conducted every three years.

Sources: OECD and Statistics Canada, 2010

Canada is among the highest

ranked jurisdictions in the

OECD’s assessment of

students’ reading, math, and

science skills.

10


Lower Healthcare Costs for Employers

Compared to the US

939

452

0

200

400

600

800

1,000

Th

ou

san

ds U

S$

Employer Health Costs for a Typical Firm

Average cost

to employers

in the US is

about twice as

much as it is

in Ontario

Note: Typical firm defined as having approximately 93 employees

Source: MMK Consulting, 2012 (Special run for MEDTE/MRI)

US Ontario

11


Government Supported R&D Centres Located

throughout Ontario

12


Competitive Business Costs

94.5

94.7

95.8

96.1

97.9

100.0

100.1

103.7

109.4

United Kingdom

Netherlands

Ontario

France

Italy

United States

Germany

Australia

Japan

Overall Business Costs Index (US=100)

Source: MEDTE/MRI analysis, prepared using competitivealternatives.com Cost Model, 2012 version, accessed on March 30, 2012.

13


Competitive Corporate Taxes on Manufacturing

2013 Combined Federal and State/Provincial Manufacturing Income Tax Rate (%)

Note: Ohio rate includes the state’s Commercial Activity Tax rate which is levied on gross receipts in Ohio; a CIT equivalent is not

available. Texas rate includes the state’s 1.0 per cent franchise tax, which is based on gross revenue; a CIT equivalent is not

available.

Source: Ontario Ministry of Finance, based on legislation as of May 31, 2013.

25.0

32.0

32.5

35.3

35.6

35.6

35.9

36.1

36.3

36.4

37.7

37.9

38.0

38.0

38.5

Ontario

Ohio

Texas

Florida

Michigan

Kentucky

Georgia

U.S. Weighted Avg.

New York

Great Lakes States Avg.

Illinois

California

Pennsylvania

New Jersey

Minnesota

14


Competitive Corporate Taxes

25.626.5

28.8

30.8

39.3

15

25

35

45

OECD Average Ontario G20 Average G8 Average US Average

Per Cent

Source: Ontario Ministry of Finance (2013 Ontario Budget)

Combined Federal-Ontario

General Corporate Income Tax

(CIT)

The combined federal‐Ontario general CIT rate is significantly lower than the

average federal‐state CIT rate in the United States - Ontario’s major trading

partner.

15


Marginal Effective Tax Rate (METR) on New Business

Investment Lower than US and OECD Averages

33.2

18.116.6 16.6

0

5

10

15

20

25

30

35

40

2009 2010 2013 2014

U.S. (2014)

OECD (2014)

Per Cent Ontario’s Tax Competitiveness

Notes: The marginal effective tax rate (METR) takes into account federal and provincial/state corporate income taxes,

capital taxes and sales taxes.

The OECD METR is the average for OECD member countries excluding Canada.

The METRs for the U.S. and OECD countries include measures announced as of March 1, 2013.

Sources: Finance Canada and Ontario Ministry of Finance.

Source: Ontario Ministry of Finance (2013 Ontario Budget)

16


Ontario’s R&D Cost Advantage

R&D Cost Advantage (%) After-Tax Cost of $100 R&D Expenditure,

Large Manufacturers, 2013

R&D

expenditure

(general)

R&D expenditure

(at eligible Ontario

research institutes)

Gross

expenditure $100.00 $100.00

Actual after-tax

expenditure $57.30

$45.84

Note: data as of June, 2013.

Sources: Ontario Ministry of Finance and Canada Revenue Agency

Ontario has

a 9.1% cost

advantage

relative to

the US

Source: MEDTE/MRI analysis, prepared using CompetitiveAlternatives.com

Cost Model, 2012 version, accessed on March 30, 2012.

17


Japan

4%US

59%

UK

11%

Switzerland

3%

China

3%

India

3%

Germany

3%

Others

14%

Foreign direct investment projects in Ontario, by source country, 2012

Source: fDi Intelligence, March 2013

Ontario Attracts Investors from Many Countries

18


Ontario Trades with the World

Exports

Rank Country Share in Total

(%)

1 United States 77.9

2 United Kingdom 9.0

3 Norway 1.2

4 China 1.2

5 Mexico 1.1

6 Hong Kong 0.9

7 Germany 0.7

8 Japan 0.7

9 Netherlands 0.5

10 France 0.5

Note: Figures for 2012. Export figures are domestic exports only (does not include re-exports)

Source: Industry Canada with data from Statistics Canada, March 2013.

Imports

Rank Country Share in Total

(%)

1 United States 56.3

2 China 10.8

3 Mexico 7.5

4 Japan 3.8

5 Germany 2.6

6 South Korea 1.6

7 United Kingdom 1.2

8 Peru 1.1

9 Switzerland 1.1

10 Italy 1.0

Top Ten Trade Partners, 2012

19


Ontario Trades in a Variety of Goods

3%4%

9%

12%

35%37%

Motor Vehicles

Metals & Precious

Stones

Machinery & Mech.

Appliances

Electrical

Equipment

Plastics

Others 4% 5%12%

14%

21%

44%

Motor Vehicles

Machinery & Mech.

Appliances

Electrical

Equipment

Metals & Precious

Stones

Pharmaceuticals

Others

Exports Imports

Top Five Product Categories, 2012

Source: Industry Canada, Trade Data Online (with data from, Statistics Canada, June 2013

20


93,080

128,440

133,390

140,805

140,315

147,723

178,335

251,330

499,380

685,193

1,426,540

0 500,000 1,000,000 1,500,000

Russian

Polish

Arabic

Philipino

German

Portuguese

Spanish

Italian

Major Chinese languages

Major languages spoken in India

French

Select Languages Spoken by Ontarians

Ontarians Speak Many Different Languages

• In Ontario, many persons speak more

than one language and over 3 million

people fluently speak a language

other than English or French.

• 97% of Ontarians speak English.

Ontario’s population in 2011 was 12,7 million

Source: Statistics Canada. 2013. National Household Survey (NHS)

21


Ontario is Ethnically Diverse

Americas

16.1%

Africa

5.4%

United States

3.2%

Europe

33.4%

Asia

44.8%

Oceania and

other

0.3%

Ontario’s Immigrant Population by Place of Birth

Sources: Statistics Canada. 2013. National Household Survey (NHS)

22


Ontario Aerospace Industry

A Highly Diversified Industry

A World Leading Jurisdiction

23


Source: KPMG Competitive Alternatives 2012 Edition

Canadian Aerospace Manufacturing Cost Advantage:

Aircraft Component Cost Compared to G7

97.2

98.4

98.8

100

100.4

107.4

97.0 Canada

France

UK

Italy

US

Germany

Japan

Index: United States = 100

24


Ontario’s Competitive Advantage in Aerospace

Aircraft Parts Manufacturing Results for Selected Cities

North America (Rank) City Country Global Index (Rank)

1 Montreal, QC Canada 96.9 (23)

2 Winnipeg, MB Canada 96.9 (25)

3 Toronto, ON Canada 97.1 (29)

4 Wichita, KS United States of America 97.4 (36)

5 Atlanta, GA United States of America 97.5 (41)

6 Mobile, AL United States of America 97.6 (43)

7 Orlando, FL United States of America 97.8 (47)

8 Oklahoma City, OK United States of America 97.8 (49)

9 St. Louis, MO United States of America 97.9 (54)

10 Indianapolis, IN United States of America 98.1 (57)

11 Calgary, AB Canada 98.6 (63)

12 Phoenix, AZ United States of America 98.6 (65)

13 Vancouver, BC Canada 98.7 (68)

14 Hartford, CT United States of America 100.8 (97)

15 Seattle, WA United States of America 101.6 (101)

Source: KPMG’s 2012 Competitive Alternatives Guide to International Business Location Costs

25


The Bulk of Canada’s Aerospace Industry is

Located in Ontario and Quebec

• By revenues, Ontario accounts for ~28% of the Canadian aerospace industry.

• Made up of about 350 firms, Ontario aerospace sales are approximately $6.5 billion annually.

• The Ontario Aerospace Industry directly accounted for $3.8 billion in GDP in 2009

• Ontario’s aerospace sector employs approximately 22,000 people.

– Including indirect and induced jobs, employment in Ontario for 2010 was approximately 67,700.

• Quebec’s aerospace sector employs approximately 37,000 people.

– Including indirect and induced jobs, employment in Quebec in 2010 was approximately 71,000.

ONTARIO: 28%

QUEBEC: 52%

Source: Aerospace Industries Association of Canada, 2009, Deloitte, 2010

26


Aerospace Industry Structure: Ontario vs. Quebec

Quebec

26

Ontario

Quebec’s industry is composed primarily of larger original equipment manufacturers (Bell Helicopter, Bombardier), while Ontario’s industry coomprises primarily of system integrators (UTC Aerospace Systems, Honeywell, Messier-Bugatti-Dowty) and equipment providers (Centra Industries, Cyclone Manufacturing, Magellan).

Source: Ontario Aerospace Council

OEM

Tier 1 (System Integrators)

Tier 2 (Equipment Providers)

Tier 3

(Sub-contract Suppliers)

Tier 1

(Systems Integrators)

Tier 2

(Equipment Providers)

Tier 3

(Sub-contract Suppliers)

OEM

27


14 of the Top 25 Global Aerospace Companies

Have Operations in Ontario

Brazil Embraer (19)

United States Boeing (1)

Lockheed Martin (3)

General Dynamics (4)

[United Technologies (5) and

Goodrich (18)*]

Northrop Grumman (6)

Raytheon (7)

General Electric (9)

L-3 Communications (13)

Honeywell (14)

Textron (17)

Spirit Aerosystems (21)

Rockwell Collins (22)

Precision Castparts (23)

Harris (25)

Canada Bombardier (16)

Europe EADS (2)

Finmeccanica (8)

SAFRAN (10)

Thales (11)

Rolls-Royce(12)

BAE Systems (15)

Dassault (24) Japan

Mitsubishi Heavy

Industries (20)

Source: Flight International (2012). Numbers are companies’ global ranking by revenue.

*Goodrich was acquired in summer 2012 by United Technologies, and will therefore disappear from next year’s list. It is

now UTC Aerospace Systems – Landing Gear.

Companies highlighted in bold have facilities in Ontario.

28

Your Next Big Idea

Ontario Aerospace Industry Suppliers to multiple aircraft programs (commercial, business and military)

Sources: OAC Capabilities Directory 2012-2013; Teal Group analysis

~ Ontario

Suppliers

A320 25

737 35

787 29

777 32

F-35 25

A350 22

A330 23

Global Series 33

E Jets 20

777-X* n/a

A380 31

H-60 34

Gulfstream 650 33

C-130 18

Gulfstream 450 33

Eurofighter 7

* It is likely many of the 777 suppliers will

remain on the 777-X program once

announced.

29


Ontario Aerospace Industry:

World Leaders in Selected Markets

29

Turboprop aircraft Bombardier

Business aircraft Bombardier

Commercial helicopters Eurocopter

Small and medium turbine engines Pratt and Whitney Canada

Aerostructures Arnprior Aerospace, Magellan Aerospace, Precision

CastParts

Wings and fuselage Mitsubishi Heavy Industries Canada Aerospace

Landing gear systems UTC Aerospace Systems, Messier-Bugatti-Dowty,

Sumitomo, Heroux-Devtek

Aircraft environmental systems Honeywell

Electric power systems Honeywell

Aircraft Satcom systems CMC

Air traffic control systems Raytheon

Visual systems Atlantis, L-3 Communications

Integrated Space Robotics MDA

Satellite switches and systems Com Dev

30


Skilled Labour, Academic and

Research Capabilities

31


Skilled Labour

• Approximately 18 universities and colleges offer over 40 aerospace-specific programs.

• 14 universities with engineering programs.

– PhD and Masters programs in Aerospace Engineering offered at the University of Toronto, Ryerson University (Toronto) and Carleton University (Ottawa)

• A network of 20 universities and 24 colleges trains students in every field, from the skilled trades to the most advanced areas of science, engineering and business.

– Produce more than 29,000 graduates per year in science, math and engineering

32


Ontario’s Aerospace Education Programs

Institution Program Program Details

University

of Toronto

Institute for

Aerospace Studies

University of Toronto Institute for Aerospace Studies (UTIAS)

serves as both a premier research institute and a graduate

school.

Ryerson

University

Institute for

Aerospace Design

and Innovation

The Ryerson Institute for Aerospace Design and Innovation

(RIADI) has a partnership with the leading aerospace companies

in Ontario.

York

University

Faculty of Science

and Engineering

Faculty of Science and Engineering is one of Canada's leading

teaching research institutions generating over $20 million in

research grants annually with strengths in the Space and

Engineering program.

Carleton

University

Faculty of

Engineering and

Design

Carleton’s Department of Mechanical and Aerospace Engineering

is committed to integrated teaching and research activities in the

aerospace engineering field.

Mohawk

College

Aviation Technician Aircraft Maintenance program is a two-year Ontario College

Diploma that provide hands on training in an operational airport

environment utilizing not only static but flying aircraft.

Centennial

College

Aerospace Centre

for Training and

Education

Centennial's Aerospace Centre for Training and Education is a

$6.1 million facility that is used by more than 300 aerospace

students and features state-of-the-art labs and expanded aircraft

hangar.

Note: List not exhaustive

33

Your Next Big Idea

CANMET Materials Testing Laboratory Located in Hamilton, CANMET is Canada’s principal federal research and development laboratory for

metals research, including materials for use in aerospace, as well as automotive applications, clean

energy, nuclear power generation, major infrastructure such as pipelines, defence and eco-materials.

National Research Council (NRC) Funded by the Government of Canada, the NRC helps industry benefit from advances that could drive

new economic growth in photonics, nanotechnology, genomics, advanced materials and fuel cells.

Natural Sciences and Engineering Research Council of Canada (NSERC) NSERC is Canada's federal funding agency for university and industry-based research.

Ontario Centers of Excellence (OCE) / Ontario Network of Excellence (ONE)

The Ontario Centers of Excellence (OCE) co-invest to commercialize innovation originating in the

province’s colleges, universities and research institutions.

The Ontario Network of Excellence (ONE) is a collaborative network of organizations across Ontario,

designed to help commercialize ideas.

Ontario Aerospace Research and Technology Development Challenge Program

Source: Respective organizations

Ontario Aerospace Industry Strong research capabilities

34

Your Next Big Idea

Defence Research and Development Canada (DRDC) DRDC is an agency of the Canadian Department of National Defence (DND) responding to the scientific

and technological needs of the Canadian Forces, and collaborating with industry for research and the licensing of technologies.

The agency has an annual budget of $300 million, employs 1,600 and is made up of seven research centres located across Canada (4 in Ottawa, 1 in Toronto).

Business Led (BL) – National Centres of Excellence These are business-driven with a research program directed and managed by private sector members to

address key performance issues of their sector and enable businesses to develop, share and benefit

from innovative solutions through collaboration and pooled resources across the private and public

sector.

The Government of Canada runs a competition to select new BL networks over a period of years.

Fraunhofer Project Centre at Western Western University in London, Ontario and the Fraunhofer Institute of Chemical Technology in Germany

have launched a long-term research collaboration on composite technologies for weight reduction.

Source: Respective organizations

Ontario Aerospace Industry Strong research capabilities

35


Federal Programs and Agencies

36


Company Value ($M) Date City Project

Pratt and Whitney Canada*

Funding used to support activities both in

Ontario and other provinces

$300 December 2010 Ottawa Development of lighter more fuel efficient

aircraft engines

D-TA Systems $1.80 October 2010 Ottawa Advanced data conversion systems

Integran Technologies $1.10 April 2010 Ottawa Nanotechnology-based coatings

http://ito.ic.gc.ca/eic/site/ito-oti.nsf/eng/h_00022.html

• SADI is a $900 million repayable contribution program that supports research and development in the aerospace, defence and space industries.

• Launched in April 2007 by Industry Canada and administered by the Industrial Technologies Office (ITO).

• SADI supports industrial research and pre-competitive development projects that enhance current Canadian technologies, support next-generation technologies, help increase Canadian participation on aircraft platforms and help industry achieve Canada's international obligations.

• The objective is to encourage strategic R&D that will result in innovation and excellence in new products and services and to foster collaboration between research institutes, universities, colleges and the private sector.

• SADI has invested a total of $781 million across Canada.

• Examples of Ontario company projects since 2010 include:

Strategic Aerospace and Defence Initiative

37


www.feddevontario.gc.ca

• (FedDev Ontario) was created to support businesses and communities in southern Ontario.

The Agency has launched a number of initiatives to create a Southern Ontario Advantage and

place the region in a strong position to compete in the global economy. Initiatives include:

• Technology Development Program provides financial support to encourage research and

innovation to accelerate the development of large-scale, advanced technologies that will

result in new market opportunities for southern Ontario businesses.

• Investing in Business Innovation provides funding to boost private sector investment in start-

up businesses to accelerate the development of new products, processes and practices and

bring them to market.

• Prosperity Initiative encourages businesses, not-for-profit organizations and post-secondary

institutions in southern Ontario to undertake projects that will result in a more productive,

diversified and competitive economy in the region.

FedDev Ontario

38


www.ccc.ca

The CCC promotes international defence procurement cooperation between Canada, its allies and like-minded nations, helping deliver Canadian defence and security products, solutions and expertise to governments around the world. Under the Canada-US Defence Production Sharing Agreement (1956), the United States Department of Defence (DOD) purchases goods and services from Canadian suppliers through the CCC. • The CCC acts are the prime contractor and guarantees contract performance to the United States

DOD. A separate domestic contract is signed by the CCC and the Canadian supplier. • Through this agreement, the CCC contracts between $650-750 million of business with the United

States DOD annually. • All defence purchases from Canada above $225,870 USD must be transacted through the CCC. • The Canadian Commercial Corporation provides assistance to exporters that are looking to export to

the United States Department of Defence and must follow ITAR regulations.

Canadian Commercial Corporation

http://www.ccc.ca/

39


Canadian Commercial Corporation

• In 2009-2010, CCC achieved $3.5 billion worth of contracts signed.

Every year, the Canadian Commercial Corporation manages an average $1 billion in contracts delivered by Canadian Companies to the U.S. Department of Defence and NASA

Over the last 15 years, CCC has signed a number of large contracts with the U.S. DOD including armoured vehicles built by General Dynamics Land Systems-Canada, landing gear from Héroux-Devtek, radios for the U.S. Army from Ultra Electronics TCS and an inertial guidance system from Litton Systems Canada.

• Other Recent announcements include:

Delivering a Hercules Observer Trainer (HOT) to the Royal Australian Air Force in 2011

Signing a contract with the Government of Peru for the delivery of 12 Twin Otter aircraft in 2010

Becoming Prime Contractor for the delivery of Colt Canada’s C7 and C8 small arms to Denmark, the Netherlands and the United Kingdom

40


Export Development Canada

www.edc.ca

Export Development Canada provides support for inbound foreign investment where the investor is:

domiciled outside of Canada;

investing at least 10% of the common equity in a greenfield development or purchasing at least 10% of the assets/equity of an existing Canadian entity; and

taking an active role in directing and/or managing the investment, including influencing either (i) the initiation of exports to affiliates, or (ii) integrating the Canadian company's exports within an existing global supply chain or global sales network with unrelated entities.

http://www.edc.ca/

41


SR&ED Tax Credits

Canada’s Scientific Research and Experimental Development (SR&ED) program: • Tax incentive program is one of the most generous systems in the industrialized

world for research and development (R&D).

• A foreign controlled company undertaking R&D in Canada can accrue Federal tax credits of 20% on qualified expenditures including wages, materials, overhead on R&D.

• Eligible SRED activities include: Experimental Development, Applied and Basic Research and support activities (i.e. engineering, design).

The Ontario government also provides R&D credits linked to SR&ED:

• Ontario Research and Development Tax Credit: 4.5% non-refundable tax credit on eligible R&D expenditures in Ontario.

• Ontario Business Research- Institute Tax Credit: 20% refundable tax credit for SR&ED expenses incurred in Ontario under an eligible contract with an eligible research institute to a maximum of $4 million annually.

42


Organizations

43


http://www.ontaero.org/

• The Ontario Aerospace Council is a not-for-profit, organization

representing all segments of the Ontario aerospace industry.

• The Council’s Board of Directors is made up of representatives

from a number of major companies, including Honeywell,

Goodrich, Bombardier and Pratt & Whitney Canada.

• The goals of the Ontario Aerospace Council are to enhance

recognition of the Ontario aerospace industry as a leader in

global aerospace markets and to build stronger capabilities in

the industry to assure continued growth and prosperity.

• The Ontario Aerospace Council works closely with the Ontario

government to promote and develop the Ontario aerospace

industry, both at home domestically, and abroad.

Ontario Aerospace Council

44


http://www.aiac.ca/

• The Aerospace Industries Association of Canada (AIAC) is a member-driven, not-for-profit,

national organization that promotes and facilitates Canadian competitiveness in the global

aerospace industry.

• Representing the interests of over 400 Canadian aerospace manufacturing and service

companies, the AIAC is an authoritative source of information on the composition and

performance of the aerospace industry in Canada.

• The organization advocates on behalf of companies looking to develop innovative

technologies, bring these technologies to the market, and finance sales to customers.

Aerospace Industries Association of Canada

45


Ministry of Economic Development, Trade and

Employment

We have an experienced and dedicated team of professionals standing ready to

partner with you to make Ontario a location for your success. Please contact us for

assistance with:

• The latest information on our economy and business climate

• Development of a business case for Ontario

• Comprehensive profiles of Ontario municipalities

• Province-wide site searches of available industrial land and buildings

• Site selection and community visits throughout the province

• Contacts with federal, provincial and municipal officials, as well as utilities,

transportation firms and business facilitators.

45

Connecting businesses in Ontario and throughout the world with the people, products and ideas that make Ontario “Canada’s Economic Powerhouse”

46


Ministry of Economic Development, Trade and Employment (MEDTE)

Investment website: http://www.investinontario.com/

Access to information, tools and resources on Ontario’s:

• Business climate and investments

• Community economic profiles

• Ontario sectors

• Business Immigration

For More Information

http://www.investinontario.com/

47


For More Information

Ministry of Economic Development, Trade and Employment

Advanced Manufacturing Branch

Aerospace and Materials Unit

7th Floor

56 Wellesley Street West

Toronto, ON, M7A 2E7 Canada

Fax: 416-325-6885

Joe Veloce, Manager, 416-325-6767

[email protected]

Don Fusco, Team Leader, 416-325-6871

[email protected]

www.ontario.ca/economy

mailto:[email protected]


