Showing posts with label neighbor. Show all posts
Showing posts with label neighbor. Show all posts

Tuesday, March 6, 2012

Oh Canada: Neighbor to the north eyes business opportunities in southern NM

LAS CRUCES - The country on the other side of the United State's international border has long been a source of commerce and business. No, not just the one about 50 or so miles south of Las Cruces, but the one about 1,500 miles to the north.

Last year the United State exported more than $280 billion in trade with Canada and imported more than $316 billion.

Maybe some more of that pie can be sliced off for southern New Mexico.

Jeffrey Gray, trade commissioner for the General Consulate of Canada's Los Angeles office, was is in Las Cruces for three days last week to tour White Sands Test Facility, White Sands Missile Range Business Development Office and other locations. His officer overseas the country's business interest in the southwest. He said Canadian companies are interested in the unmanned aerial vehicle programs in the area as well as the aerospace industry at large.

"This trip is really fact finding for me," Gray said.

Representatives of Canada's trade office in Phoenix were also in Albuquerque last week.

"Our main focus is to bring Canadians into the marketplace, bring locals up to Canada and look for opportunities for people to meet and do business," Gray said. "We want to attract investment up north and help Canadians who are interested in investing in United States Southwest."

"Canada is getting known (for its) unmanned vehicle system industry," Gray said. "In Alberta there's a group called Canadian Center for Unmanned Vehicle Systems

and they have ... a lot of UAV testing going on."

Gray said he uses a lot of his time looking after the aerospace, defense and security areas on behalf of Canadian industry and the Canadian government. That made the Las Cruces area with WSMR, the NASA presence and Spaceport America an obvious place to visit.

The Canadian aerospace industry sports about 400 companies with approximately 83,000 employees, $22.2 billion in revenues with an output ranked fifth in the world, Gray said.

That contrasts to the $76.5 billion in business the U.S. industry reported in the first half of last year alone, according to the U.S. Census Bureau. Still, Canada has consistently been one of the top suppliers for U.S. companies as well as one of the top foreign markets for U.S. aerospace products and services.

"One of the sectors (Canada) is looking at too is bio mass," said Eric Montgomery, MVEDA's business development manager.

The work of Sapphire Energy in Las Cruces and Columbus, as well as research at New Mexico State University, in the efforts to produce fuel from algae, also attracted Gray to the area.

"(Interest) is mainly how it relates to aviation jet fuel, or aviation fuels generally," Gray said. "There might be some upcoming synergy between what research organizations in universities and government labs are doing in the United States and what we're doing up in Canada in the bio fuels area."

While most look south when talk turns here to an international border, the one 1,500 or so miles north can also bring an economic bump to southern New Mexico.

"A lot of times we talk about Mexico as our major international opportunity and it certainly is, but Canada plays a role in what we do," Montgomery said. "We've had conversations with a variety of different companies who get raw materials from Canada. They are shipped down to processing facilities in Mexico and then they bring them back to the United States through The Santa Teresa port of entry for their distribution throughout the country."

Gray said Canadian industry does not have a presence in southern New Mexico, but that could change, as other southern border areas have attracted such investment.

"Obviously, in Arizona and California there has been great interest," he said.

Brook Stockberger can be reached at (575) 541-5457


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Tuesday, February 21, 2012

Canada: A good business neighbor - South Bend Tribune

On Monday our community had the opportunity to host Roy Norton, the consul general of Canada. Norton kicked off his Indiana tour by meeting in South Bend with local business and community leaders about why Canada is important to Indiana and St. Joseph County. While here, Norton also met with a Canadian company considering a South Bend location.

Several months ago we hosted a similar gathering with the Consulate General of Israel and have been working on similar partnership opportunities with local companies interested in doing business in other parts of the world.

Canadian consulates general are similar to Canadian embassies but are located in major cities, not capital cities, of foreign countries. Canadian consulates general offer a full range of diplomatic and consular services. The senior officer at a Canadian Consulate General is the consul general.

Norton is based in Detroit and represents Canada in Michigan, Ohio, Indiana and Kentucky. The Canadian Consulate General, which he heads, promotes Canadian interests -- trade, investment, the environment, culture and academic relations being among the principal ones. The office also provides consular, passport, visa and immigration services.

We often forget about the important relationship that exists between the U.S. and Canada. Canada has been an important friend, ally and customer of the U.S. for some time. Canada has a stable economy, solid financial ratings, a history of budget surpluses, and some of the lowest payroll and corporate taxes of all of the G7 nations. (France, Germany, Italy, Japan, United Kingdom, United States, Canada). It recently was ranked as the best G7 country to do business with.

Canada is the top trading partner for the United States, with imports and exports totaling close to $600 billion in 2011. China, Mexico, Japan and Germany round out the top five, with Canada some $90 billion more than second place China. Almost $1.6 billion in merchandise trade crosses the Canada-U.S. border every day. Our country does 10 times as much business with Canada as it does with China.

Canada is the largest foreign market for U.S. goods and services. Millions of U.S. jobs depend on Canadian imports from the U.S. In Indiana, 160,000 jobs are dependent on trade with Canada, and in the 2nd Congressional District, 22,000 jobs. Canadian companies also employ 12,000 people in Indiana and 1,300 in the 2nd District. Automobiles and auto parts make up the largest sector of traded products.

Canada is by a wide margin the No. 1 supplier of imported energy to the United States -- meaning energy in all forms including oil, petroleum products, natural gas, electricity and uranium. Canada is the single largest source of oil imports to the United States, a bigger source than Saudi Arabia. In 2011, the U.S. imported an average 2.1 million barrels per day from Canada, and about 1.1 million per day from Saudi Arabia.

Canada expects to see $160 billion in private sector investment in energy in the coming years, which could support as many as 340,000 jobs in the U.S. and 7,600 in Indiana. In addition, the Keystone pipeline could lead to an additional 20,000 jobs in the U.S. The capacity exists for energy independence in North America.

As we seek business opportunities for our region and state, our friends to the north in Canada present some exciting opportunities.

Jeff Rea is president and CEO of the Chamber of Commerce of St. Joseph County.

Jeff Rea


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