F3-12-11-1400 Hanson

Open for Business
• The statutory corporate income tax rate in Canada is
33% lower than that of the U.S.
• Overall business costs in Canada are more than 7%
lower than the U.S.
45,0
40,0
35,0
30,0
25,0
20,0
15,0
10,0
5,0
0,0
Source: KPMG Corporate Tax Rates Table, 2014
• Canada has the least procedures for establishing a
new business among G7 countries.
• Canada is first country in the G20 to make itself a
tariff-free zone for manufacturers by eliminating
tariffs on the import of machinery, equipment and
industrial inputs.
• R&D-intensive sectors in Canada enjoy the lowest
costs in the G-7 – 16% lower than in the U.S.
• Publicly funded healthcare is a cost saving for
employers.
• Comprehensive Economic and Trade Agreement
between Canada and the EU.
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Competitive Development
•
According to KPMG, Winnipeg has the lowest overall business costs of major cities within the
U.S. Midwest, and Western Canada (includes all major business expenses including taxes).
•
Manitoba offers the lowest published hydro electricity rates for large-power customers in
North America.
•
Cost advantage comes predominantly from land, labour, and utilities/power cost savings.
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Source: KPMG 2014 Competitive Alternatives
At the Hub of Key Gateways
Winnipeg is connected to important global
markets:
• Asia Pacific Gateway
- Ports of Vancouver, Delta and Prince Rupert
• Great Lakes/ St. Lawrence Seaway
- Thunder Bay
• Quebec-Ontario Gateway
- Trans Canada Corridor
- Windsor/Detroit
• NAFTA Gateway
- Mid-Continent Corridor
- Eastern USA Seaboard
- Mexico
• Atlantic Gateway
- Halifax and Montreal Ports
• Arctic Gateway
- Air Polar Routes
- Marine Polar Routes
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Title
Canada’s Centre for Global Trade
• CentrePort Canada, located in Winnipeg, Manitoba, offers ~8,100 hectares of high-quality
industrial land, adjacent to a major urban centre and the Canada-US border, with on-site
access to tri-modal transportation options.
- By comparison, Paris is ~ 10,540 ha, Brussels is ~ 16,140 ha, Amsterdam is ~21,900 ha, Munich is
~31,043 ha, and Berlin is ~89,180 ha.
• CentrePort Canada Inc. is building an integrated logistics and infrastructure platform to
attract trade oriented business.
• CentrePort offers prime industrial land, with greenfield, existing, or build-to-suit options
available.
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Location, Location, Location
• Master planning approach to developing
the 8,100 hectare tri-modal inland port.
• Anchored by the James Armstrong
Richardson International Airport.
• Adjacent to trade corridors connecting
east, west, north and south.
• Only one hour from the Canada-U.S.
border crossing.
• “Live, Work, Play, Learn” development.
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Tri-Modal Inland Port
•
Only major Canadian city on the
prairies served by 3 continental
class I railways: CN, CP, BNSF.
•
•
Construction beginning on a
common-use rail facility and
industrial park. Will allow rail
intensive businesses to access 3
class I carriers from a single
location.
Major trucking centre with
1,000+ for-hire trucking
companies, only 1 hour from
the Canada-U.S. border.
•
CentrePort Canada Way
expressway allows for 5 minutes
to 90 km/h.
•
~$1 billion in supporting
highway infrastructure recently
announced.
•
24/7 international airport #1 in
Canada for dedicated freighter
aircraft movements.
•
9 p.m. cut off for overnight
parcel delivery to major
Canadian cities by noon next
day.
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CentrePort Canada Rail Park
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Title
Canada’s Foreign Trade Zone
• CentrePort provides companies with single-window access to federal FTZ programs.
• Companies importing goods from countries where Canada does not have a free trade
agreement may be eligible for:
- Duty Deferral
- Sales Tax Relief
- Customs Bonded Warehouse
• Programs defer taxes and duties until a product is moved to market.
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Industry Leaders at CentrePort
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Canada’s Agribusiness Hub
• 11% to 27% lower site costs, compared to Minneapolis, Chicago, Kansas City and Dallas (based on
modelling for an agribusiness).
• CentrePort offers plentiful space for large agribusiness investments; and provides break-bulk for
ag products from the southeast U.S. and Central/South America.
• Access to three class I railways provides businesses with increased competition and the ability to
better negotiate rates ($7-9 per tonne) and service standards.
• Low traffic congestion, efficient truck routes that facilitate “5 minutes to 55 MPH” for moving
cargo, and quick and easy access to an international airport.
• Manitoba’s significant and diverse agricultural base provides support and expertise for a variety
of agribusiness activities.
• Strong post-secondary institutions provide skilled labour specializing in a variety of agribusiness
fields; and the number of days lost due to work stoppages are 17 times lower than the national
average.
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Canada’s Agribusiness Hub
• “Grains Custer of Excellence” assists with market
development, research, and standards. Includes
Cereals Canada, Canadian International Grains
Institute, Canadian Grain Commission, and
Cereals Research Centre.
• Centre for agribusiness R&D: Genome Prairie,
Canadian Centre for Agri-Food Research in
Health & Medicine, Richardson Centre for
Functional Foods & Nutraceuticals, and the Food
Development Centre.
• 5 of Canada’s largest grain companies are
headquartered in Manitoba: Pioneer Grain
(Richardson International), Cargill Canada,
Parrish and Heimbecker, Paterson GlobalFoods,
and G3 Canada.
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Canada’s Agribusiness Hub
• Within Canada, Manitoba produces:
- More then 25% of national pork processing.
- 14% of agricultural equipment manufacturing.
- 10% of grain and oilseed processing.
• Manitoba is also Canada’s largest exporter of agricultural
equipment manufacturing (36% in 2014).
• MacDon Industries, headquartered at CentrePort with
900,000 SF of facilities, is a leading manufacturing of
harvesting equipment, exporting to 30+ countries with more
than 700 dealers worldwide.
• Grains product development: with 40+ years delivering
programs to partners in 115 countries, the Canadian
International Grains Institute provides a one-stop shop of
technical expertise, support, applied research and
customizable agricultural training.
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Canada’s Agribusiness Hub
• Winnipeg is a leading North American
cluster for bioactive (functional) foods
and natural health products.
• With a significant supply of biofibres
(wheat, flax, hemp straw), Manitoba is on
its way to becoming a Canadian leader in
biofibre processing and manufacturing.
- Manitoba has greater agricultural
productivity and yields per acre than
other Prairie Provinces.
• World-renowned Composites Innovation Centre conducts research and develops
composite materials for manufacturing industries.
- CIC’s Fibre City Initiative is developing technology for blending plant fibres with different
characteristics to meet customer specifications.
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Incentives
•
CentrePort offers business a single window opportunity to work with governments to tailor
incentives to meet the needs of an individual company.
•
Growing Forward 2: until 2018, $35 million per year invested in marketing development, assurance
systems, innovation, and infrastructure.
•
Manufacturing Investment Tax Credit for new or used buildings, machinery and equipment.
•
Manitoba Commercialization Support for Business provides financial assistance for product
development, commercialization, and market development.
•
Industry Workforce Development (IWD) offsets costs of investing in skills training.
•
Other incentives include funding for secured loan or loan guarantee assistance (MIOP); and small
business venture capital tax credit.
•
Tax increment financing (TIF) for large scale development at CentrePort.
•
0% small business corporate income tax (provincial).
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Five Year Horizon
• Almost 80 hectares of greenfield development
by 40 companies in the past three years.
• Additional servicing in 2016 will accelerate
development opportunities.
• Operational common use rail facility in
2016/2017.
• Continued growth expected.
- Up to 120 hectares of new industrial development over the next 5 years including large
acreage sites and direct rail served facilities.
- New business park on 25 hectares.
- Residential community on 200 hectares, expected to include 3,300 residential units housing
8,000+ residents. 10-15 year build-out.
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Canada’s Centre for Global Trade
CONTACTS:
Diane Gray
President and CEO
[email protected]
Russ Hanson
Executive Director, Business Development & Sales
[email protected]
Jorge Acevedo
International Business Development Consultant
[email protected]
1.204.784.1300
www.centreportcanada.ca
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