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Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant Consul General of Canada @CanCGMPLS @Jamshed_MPLS
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Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

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Page 1: Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

Mid-American Chamber ExecutivesPol icy Conference

November 4,2015

MID-AMERICA AND CANADA:

STRENGTH, GROWTH AND OPPORTUNITY

/CanCGMPLS

Jamshed Merchant

Consul General of Canada

@CanCGMPLS @Jamshed_MPLS

Page 2: Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

WHAT A CONSULATE DOES

  

 

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Our office represents Canada in Iowa, Minnesota, Nebraska, North Dakota, and South Dakota, and is part of Canada’s network of diplomatic and trade offices across the United States and the world.

Page 3: Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

CANADA AT A GLANCE (ACCORDING TO TOM BROKAW)

Key Statistics

RankPopulation 35.2m 36GDP (PPP) $1.8t 11GDP per capita $52,000 11GDP Growth Rate 2.0% 117Life Expectancy 81 14Urbanization 81% 47Source: World Bank

Top exports: Crude Oil & Bitumen $81.0BMotor Vehicles & Parts $68.1BConsumer Goods $52.1BIntermediate Metal Products $43.1BChemical Products $34.9BForestry Products $33.7BIndustrial Machinery $26.8BFarm & Fishing Products $22.1BMetal Ores & Minerals $17.9BAircraft Equipment & Parts $17.4B2013; Source: StatsCanada

Page 4: Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

MORE THAN NEIGHBO(U)RS

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Over 8 MILLION JOBS in the U.S. depend on trade and investment with Canada

Canada and the U.S. are the world's largest trading partners: $735 billion in goods and services in 2013.

Canada buys 3 TIMES MORE

American goods than

China

Every MINUTE, $1.4 million in goods/services crosses the border

Page 5: Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

TRADE & INVESTMENT: CANADA AND MID-AMERICA

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STATE TOTAL ANNUAL TRADE

CANADA AS

EXPORT CUSTOMER

NUMBER OF JOBS CREDITED TO TRADE/INVESTMENT

WITH CANADA

IA $ 7.9 BILLION

#1 100,000 JOBS

MN $19.4 BILLION

#1 174,200 JOBS

NE $ 3.4 BILLION

#1 57,400 JOBS

ND $ 6.7 BILLION

#1 28,500 JOBS

SD $ 1.2 BILLION

#1 28,600 JOBS

WI $12.4 BILLION

#1 158,000 JOBS

REGION $51 BILLION

#1 546,700 JOBS

Page 6: Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

CROSS-BORDER ENERGY INFRASTRUCTURE

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“The U.S. sees Canada as a pillar of our energy security.” - Former U.S. Ambassador David Jacobson

Canada is America’s largest & most secure supplier of oil, natural gas, and electricity – and a leading supplier of uranium.

70 oil and gas pipelines currently cross the U.S.-Canada border.

Canada exported almost $2 billion worth of electricity to the U.S. in 2012.

Page 7: Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

CROSS-BORDER HIGHWAY/RAIL INFRASTRUCTURE

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Page 8: Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

BEYOND THE BORDER

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Bi-national agreement on perimeter approach to border security and economic

competitivenessWe work together at and

beyond the border by:

Addressing Threats Early

Cross-border law enforcement

Better facilitation of legitimate trade, travel

Page 9: Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

BARRIERS TO TRADE?

FREE AND OPEN TRADE

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Page 10: Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

CHAMBERS & CONSULATES: HOW DO WE WORK TOGETHER?

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“No two nations match up more closely together, or are woven together more deeply, economically, culturally, than the United States and Canada."

-President Barack Obama

1)Build awareness2)Work with individual companies 3)Advocate for free trade, open

border

Page 11: Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

Mid-American Chamber ExecutivesPol icy Conference

November 4, 2015

APPENDIX: STATE BY STATE

Jamshed Merchant, Consul General

[email protected] @CanCGMPLS/CanCGMPLS

@Jamshed_MPLS

Page 12: Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

CANADA AND IOWA

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Total annual trade between Iowa & Canada: $7.9 billion

Over 100,000 Iowa jobs depend on trade and investment with Canada

Page 13: Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

CANADA AND MINNESOTA

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Total annual trade between Minnesota & Canada: $19.4 billion

Over 174,000 Minnesota jobs depend on trade and investment with Canada

Page 14: Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

CANADA AND NEBRASKA

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Total annual trade between Nebraska & Canada: $6.7 billion

Over 57,000 Nebraska jobs depend on trade and investment with Canada

Page 15: Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

CANADA AND NORTH DAKOTA

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Total annual trade between North Dakota & Canada: $6.7 billion

Over 28,000 North Dakota jobs depend on trade and investment with Canada

Over 28,000 North Dakota jobs depend on trade and investment with Canada

Page 16: Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

CANADA AND SOUTH DAKOTA

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Total annual trade between South Dakota & Canada: $1.2 billion

Over 28,000 South Dakota jobs depend on trade and investment with Canada

Page 17: Mid-American Chamber Executives Policy Conference November 4, 2015 MID-AMERICA AND CANADA: STRENGTH, GROWTH AND OPPORTUNITY /CanCGMPLS Jamshed Merchant.

CANADA AND WISCONSIN

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Total annual trade between Wisconsin & Canada: $12.4 billion

Over 158,000 Wisconsin jobs depend on trade and investment with Canada