Industrial Chemicals Value Proposition
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Invest in Canada
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#(%-)#!, #!.!$)!. ).$5342)!, #(%-)#!,3 3%#4/2 2%#%.4 ).6%34-%.43 ). #!.!$! w -INNESOTA BASED - #OMPANY INVESTED MORE THAN MILLION IN /NTARIO IN ITS MANUFACTURING EXPANSION w )N ,!.8%33 OF 'ERMANY INVESTED 53 MILLION TO EXPAND ITS MANUFACTURING OPERATIONS IN /NTARIO AND INCREASE ITS BUTYL RUBBER PRODUCTION CAPACITY w )N .ORWAYS 2ENEWABLE %NERGY #ORPORATION ANNOUNCED THE CONSTRUCTION OF A BILLION PLANT IN 1UEBEC TO PRODUCE POLYSILICON w !NGLO $UTCH 2OYAL $UTCH 3HELL EXPANDED ITS MULTIBILLION DOLLAR MANUFACTURING OPERATIONS IN !LBERTA IN
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4HE GLOBAL CHEMICALS INDUSTRY REPRESENTS SHIPMENTS WORTH APPROXIMATELY 53 TRILLION ANNUALLY AND ENGAGES AN ESTIMATED WORKFORCE OF OVER MILLION PEOPLE WORLDWIDE .ORTH !MERICAN OUTPUT IS WORTH 53 BILLION ANNUALLY REPRESENTING APPROXIMATELY PERCENT OF GLOBAL SALES 4HE CHEMICALS INDUSTRY IS #ANADAS THIRD LARGEST MANUFACTURING INDUSTRY IN TERMS OF EXPORTS )N THE LAST DECADE #ANADIAN CHEMICAL EXPORTS HAVE MORE THAN DOUBLED REACHING BILLION IN $URING THE SAME PERIOD INDUSTRIAL CHEMICALS EXPORTS HAVE GROWN AT A RATE OF PERCENT PER YEAR CLIMBING TO BILLION IN .INE OF THE TEN LARGEST CHEMICAL COMPANIES IN THE WORLD HAVE OPERATIONS LOCATED IN #ANADA 4HE INDUSTRIAL CHEMICALS SUBSECTOR COMPRISES lRMS AND EMPLOYS MORE THAN PEOPLE IN #ANADA !T THE SAME TIME #ANADAS RESEARCH AND DEVELOPMENT 2$ EXPENDITURES IN THIS AREA AMOUNTED TO MILLION IN
+EY #APABILITIES 4HE #ANADIAN PETROCHEMICAL AND RESINS INDUSTRY REPRESENTS A SIGNIlCANT SEGMENT WITH SHIPMENTS OF BILLION AND EXPORTS OF BILLION IN PRODUCED BY MANUFACTURING ESTABLISHMENTS 3UBSTANTIAL RESERVES OF NATURAL GAS HAVE PROVIDED A READILY AVAILABLE SOURCE OF COMPETITIVELY PRICED FEEDSTOCK AND ALLOWED FOR LOW COST PRODUCTION OF ETHYLENE AND ITS DERIVATIVES ,ARGE AND EFlCIENT EXTRACTING PLANTS MODERN ETHYLENE CRACKERS AND DERIVATIVE PLANTS THAT ARE AMONG THE LARGEST IN THE WORLD HAVE ALSO ENABLED #ANADA TO OBTAIN IMPORTANT ECONOMIES OF SCALE 4HE DEVELOPMENT OF NORTHERN GAS RESERVES AND THE USE OF MATERIALS PRODUCED BY THE UPGRADING OF OIL SANDS BITUMEN COULD PROVIDE NEW FEEDSTOCK SOURCES FOR THE MANUFACTURING OF PETROCHEMICALS AND RESINS )NORGANIC CHEMICALS #ANADAS ABUNDANT NATURAL RESOURCES AND ACCESS TO LARGE QUANTITIES OF RELIABLE LOW COST ELECTRICITY WHICH ARE ESSENTIAL FOR THE PRODUCTION OF MANY INORGANIC CHEMICALS MAKE IT A TOP CHOICE IN THIS SEGMENT "IOTECHNOLOGY IS INCREASINGLY BEING USED TO CREATE ORGANIC CHEMICALS 3OME OF THESE CHEMICALS ARE COMMERCIALLY PRODUCED FROM BIOMASS FEEDSTOCKS SUCH AS CORN SOY AND WHEAT !S TECHNOLOGIES BASED ON THE USE OF BIOWASTE BECOME MORE VIABLE #ANADA IS WELL POSITIONED TO BECOME A KEY PLAYER GIVEN THE RESOURCES PROVIDED BY ITS LARGE AGRICULTURAL AND FOREST INDUSTRIES
4HE $OW #HEMICAL #OMPANY
,%!$).' #!.!$)!. #/-0!.)%3 !GRIUM )NC %2#/ 7ORLDWIDE -ETHANEX #ORPOATION ./6! #HEMICALS #ORPORATION
%NVIRONMENTAL ACTION )NDUSTRY GOVERNMENTS AND NON GOVERNMENTAL ORGANIZATIONS IN #ANADA HAVE A STRONG RECORD OF WORKING COLLABORATIVELY TO ACHIEVE THE DESIRED ENVIRONMENTAL OR HEALTH OUTCOME IN A MANNER THAT ALSO RECOGNIZES THE NEED FOR INDUSTRY TO REMAIN INTERNATIONALLY COMPETITIVE 6OLUNTARY ACTIONS ON THE PART OF INDUSTRY HAVE ALSO PROVEN TO BE SUCCESSFUL IN ACHIEVING A DESIRED OUTCOME &OR EXAMPLE MEMBERS OF THE #ANADIAN #HEMICAL 0RODUCERS !SSOCIATION HAVE BEEN VOLUNTARILY REDUCING AND REPORTING ON THEIR EMISSIONS TO THE ENVIRONMENT FOR THE PAST YEARS /VER THAT TIME THE INDUSTRY HAS SHOWN DRAMATIC REDUCTIONS IN A WIDE RANGE OF EMISSIONS TO AIR LAND AND WATER
0ETRO #ANADA 2AYMOR )NDUSTRIES )NC
4HE CHEMICALS INDUSTRY IS #ANADAS THIRD LARGEST MANUFACTURING INDUSTRY IN TERMS OF EXPORTS )N THE LAST DECADE #ANADIAN CHEMICAL EXPORTS HAVE MORE THAN DOUBLED REACHING BILLION IN 5NLESS OTHERWISE NOTED ALL VALUES ARE IN #ANADIAN DOLLARS 3TATISTICS #ANADA
+%9 #!.!$)!. #,534%23 /NTARIO
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/NTARIO IS #ANADAS LARGEST CHEMICAL PRODUCER ITS LEADING PETROLEUM RElNING REGION THE HUB OF THE NATIONS PLASTICS INDUSTRY AND HOME TO SEVEN OF THE TEN LARGEST CHEMICAL COMPANIES 4OTAL CHEMICAL INDUSTRY SHIPMENTS FOR /NTARIO WERE VALUED AT BILLION IN WITH PETROCHEMICALS AND OTHER INDUSTRIAL CHEMICALS REPRESENTING NEARLY 6ANCOUVER "# BILLION
#ALGARY !"
3ASKATOON 3+ 3ARNIA IS #ANADAS LARGEST CLUSTER OF CHEMICAL ALLIED MANUFACTURING AND 2$ FACILITIES 7INNIPEG -" 4HIS REGION OFFERS WELL DEVELOPED INFRASTRUCTURE FOR PETROCHEMICAL PRODUCTION PROVIDING LARGE UNDERGROUND SALT STORAGE CAVERNS NEARBY PETROLEUM RElNERIES 4ORONTO /. ACCESS TO NATURAL GAS LIQUIDS FEEDSTOCKS A TANKER TERMINAL FOR OFFSHORE -ONTRÏAL 1# SHIPMENTS EXCELLENT TRANSPORTATION NETWORKS AND ACCESS TO CRUDE #HARLOTTETOWN 0%) OIL AND OIL BASED LIQUIDS #OMPANIES WITH MANUFACTURING FACILITIES (ALIFAX .3 IN 3ARNIA INCLUDE $OW #HEMICAL #ANADA )MPERIAL /IL ).6)34! ./6! #HEMICALS AND 3HELL #ANADA 4ORONTO HOSTS A VARIETY OF CHEMICAL COMPANIES THAT PRODUCE LUBRICANTS PAINTS MEDICAL GASES LAUNDRY DETERGENTS ADHESIVES AND MORE !S A THRIVING BUSINESS AND lNANCIAL CENTRE 4ORONTO IS ALSO THE LOCATION FOR THE #ANADIAN CORPORATE HEADQUARTERS OF INDUSTRY LEADERS SUCH AS "AYER "!3& $U0ONT #ANADA AND 5NILEVER
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!LBERTAS CHEMICAL INDUSTRY HAS FOUR MAIN SEGMENTS PETROCHEMICALS FERTILIZERS INORGANIC CHEMICALS AND SPECIALTY AND lNE CHEMICALS 4HE PETROCHEMICAL INDUSTRY IN !LBERTA CONTINUES TO GROW WITH SUBSTANTIAL INCREASES IN PRODUCTION CAPACITY FOR ETHYLENE POLYETHYLENE ETHYLENE GLYCOL AND LINEAR OLElNS 4HE PROVINCIAL GOVERNMENT IS WORKING CLOSELY WITH INDUSTRY TO BUILD THE BUSINESS CASE FOR INCREASING THE VALUE OF ITS OIL SANDS RESERVES BY MOVING UP THE VALUE CHAIN INTO RElNED PETROLEUM PRODUCTS AND PETROCHEMICALS IN ORDER TO MEET THE GROWING .ORTH !MERICAN AND INTERNATIONAL DEMAND "Y DEVELOPING AN INTEGRATED UPGRADING RElNING AND PETROCHEMICAL COMPLEX WITHIN THE %DMONTON REGION !LBERTA IS POISED TO BECOME ONE OF THE LARGEST AND MOST COMPETITIVE CHEMICAL PRODUCING REGIONS IN THE WORLD
%$-/.4/.
!LBERTA IS THE LARGEST PETROCHEMICAL MANUFACTURING REGION IN #ANADA 4HE INDUSTRY EMPLOYS MORE THAN PEOPLE AND IS HOME TO TWO OF THE LARGEST PETROCHEMICAL PLANTS IN THE WORLD 4HE PROVINCES INDUSTRIAL CHEMICALS INDUSTRY WHICH INCLUDES PETROCHEMICALS ACCOUNTED FOR SHIPMENTS OF BILLION AND EXPORTS OF BILLION IN
5 NI
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!.!$)!. #,53 1UEBEC -ONTRÏAL IS THE HUB OF 1UEBECS CHEMICAL INDUSTRY WHICH SUPPLIES THE CONSUMER MARKET WITH PRODUCTS AS DIVERSE AS ADHESIVES TEXTILES PAINT MAINTENANCE AND CLEANING PRODUCTS ELECTRONICS AND COSMETICS -ONTRÏAL BOASTS AN INTEGRATED PETROCHEMICAL CLUSTER THAT OFFERS PETROLEUM RElNERIES A TANKER TERMINAL FOR OCEAN SHIPMENTS AND CLOSE ACCESS TO THE LARGE MARKETS OF #ANADA AND THE EASTERN AND CENTRAL 5NITED 3TATES 4HE REGION HAS SUCCESSFULLY ATTRACTED A NUMBER OF NEW INVESTMENTS IN RECENT YEARS BUILDING AN AROMATICS VALUE CHAIN -OST ESTABLISHMENTS IN THE INDUSTRY ARE LOCATED CLOSE TO THE RElNING INDUSTRY WITH WHICH THEY REGULARLY EXCHANGE PRODUCTS AND RAW MATERIALS 4HE DIVERSITY OF ENERGY SOURCES AVAILABLE IN 1UEBEC STABILIZES PRICES WHICH GIVES THE INDUSTRY A GENUINE ADVANTAGE )N 1UEBEC SHIPPED BILLION OF CHEMICALS WITH PETROCHEMICALS AND OTHER INDUSTRIAL CHEMICALS ACCOUNTING FOR BILLION
.EW "RUNSWICK 3AINT *OHN .EW "RUNSWICK IS HOME TO #ANADAS LARGEST MOST MODERN OIL RElNERY PRODUCING SOME OF THE CLEANEST FUELS IN .ORTH !MERICA -AJOR PROJECTS WORTH AS MUCH AS BILLION ARE CURRENTLY UNDER WAY OR BEING CONSIDERED IN .EW "RUNSWICK INCLUDING A NEW LIQUElED NATURAL GAS TERMINAL AND SUPPORTING PIPELINE A SIGNIlCANT REFURBISHMENT PROJECT AT ." 0OWERS 0OINT ,EPREAU GENERATING STATION A NEW POTASH MINE IN 3USSEX AND POTENTIALLY THE CONSTRUCTION OF A SECOND OIL RElNERY AND A SECOND NUCLEAR GENERATING STATION 4HESE NEW PROJECTS ARE HELPING THE PROVINCE CREATE THE RIGHT CONDITIONS TO ATTRACT INVESTMENTS IN THE INDUSTRIAL CHEMICALS SECTOR 3!).4 */(.
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.OVA 3COTIAS MANUFACTURING LABOUR FORCE TAPS INTO THE EMPLOYEES WORKING IN THE NATURAL AND APPLIED SCIENCES lELD +ELTIC 0ETROCHEMICALS IS CURRENTLY ASSESSING A NEW BILLION WORLD SCALE PETROCHEMICAL COMPLEX IN .OVA 3COTIA THAT COULD CONSIST OF ETHYLENE POLYETHYLENE PROPYLENE AND POLYPROPYLENE PLANTS #OMPANIES AFlLIATED WITH +ELTIC ARE ALSO CONSIDERING AN ADJACENT COGENERATION PLANT AND A RECEIVING TERMINAL FOR LIQUElED NATURAL GAS
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).6%34-%.4 ,/#!4)/. "%.#(-!2+).' -%4(/$/,/'9 4HIS BENCHMARKING STUDY ASSESSES THE COMPETITIVENESS OF A NUMBER OF #ANADIAN CLUSTERS AGAINST COMPETING INTERNATIONAL BUSINESS LOCATIONS "ASED ON AN INVESTORS PERSPECTIVE THE RESEARCH AND ANALYSIS USES A REPRESENTATIVE INVESTMENT PROJECT PROTOTYPE AN OPERATION THAT MANUFACTURES POLYPROPYLENESEE PROlLES ON PAGE TO ASSESS CRITERIA THAT CORPORATE DECISION MAKERS TYPICALLY EXAMINE WHEN EVALUATING LOCATION ALTERNATIVES FOR FOREIGN INVESTMENT 4HIS INTERNATIONAL LOCATION BENCHMARKING EXERCISE WAS CONDUCTED BY )"- 0LANT ,OCATION )NTERNATIONAL )"- 0,) A RENOWNED GLOBAL LOCATION CONSULTANCY )"- 0,) PERFORMED OBJECTIVE RESEARCH TO ASSESS THE COMPARATIVE COST AND QUALITY OF DOING BUSINESS IN VARIOUS LOCATIONS SIMULATING THE APPROACH USED BY INVESTORS WHEN SCREENING CANDIDATES FOR CORPORATE INVESTMENT PROJECTS 4HE BENCHMARKING STUDY EXAMINED TO lNANCIAL AND QUALITATIVE LOCATION INDICATORS IN THE ASSESSMENT OF EACH INDUSTRY SUBSECTOR 4O ASSESS THE QUALITY OF A LOCATIONS OPERATING BUSINESS ENVIRONMENT DATA WERE COLLECTED FROM A VARIETY OF SOURCES FOR THE DIFFERENT SUBFACTORS IN EACH OF THE CATEGORIES FEATURED IN THE OPERATING ENVIRONMENT TABLE PAGE $ATA FOR THE QUALITATIVE ASSESSMENT WERE TRANSLATED INTO COMPARABLE SCORINGS ZERO TO FOR EACH CATEGORY AND SUBFACTOR USING A WEIGHTED SCOREBOARD APPROACH 7EIGHTS WERE ASSIGNED TO EACH LOCATION CATEGORY AND SUBFACTOR TO DEMONSTRATE THEIR RELATIVE IMPORTANCE IN THE LOCATION SELECTION PROCESS 4HESE WEIGHTS ARE SPECIlC TO EACH INDUSTRY SUBSECTOR AND ARE BASED ON )"- 0,)S EXPERIENCE IN HELPING INVESTORS MAKE STRATEGIC DECISIONS WHEN CHOOSING LOCATIONS ! HIGH LEVEL lNANCIAL ANALYSIS WAS ALSO CONDUCTED TO TAKE INTO ACCOUNT MAJOR LOCATION SENSITIVE INVESTMENT AND OPERATING COSTS AND REVENUES FOR EACH REPRESENTATIVE PROJECT PROlLE #ASH mOW PROJECTIONS HAVE BEEN CALCULATED AND DISCOUNTED OVER A YEAR PERIOD INCORPORATING ANTICIPATED INmATION RATES TO DETERMINE THEIR NET PRESENT VALUE AND TO ASSESS THE PROlTABILITY OF THE PROJECT IN EACH OF THE BENCHMARKED LOCATIONS
BENCHMARKING THE COMPARATIVE COST AND QUALITY OF DOING BUSINESS IN GLOBAL LOCATIONS
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./6! #HEMICALS PETROCHEMICAL FACILITIES IN #ORUNNA /NTARIO #ANADA
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#ANADA IS HOME TO LARGE AND MATURE INDUSTRIAL CLUSTERS OFFERING STRONG QUALITATIVE OPERATING ENVIRONMENTS AND VERY ATTRACTIVE OPERATING COSTS WITH GOOD PROlT LEVELS 3MALLER EMERGING CLUSTERS ALSO OFFER APPEALING HIGH PROlTABILITY INVESTMENT OPPORTUNITIES IN #ANADA #/34 !33%33-%.4
#ANADIAN .ON #ANADIAN # 53 -8.
!CCORDING TO )"- 0,)S LOCATION BENCHMARKING STUDY #ANADIAN CITIES OFFER A SIGNIlCANT COST ADVANTAGE COMPARED TO 53 LOCATIONS !MONG LOCATIONS WITH LARGE AND MATURE CHEMICALS CLUSTERS -ONTRÏAL AND %DMONTONS PROlTABILITY LEVELS ARE THE MOST APPEALING THOUGH
3AINT *OHN 3ARNIA (ALIFAX AND 4ORONTO ALSO OFFER HIGHER PROlTABILITY LEVELS THAN ANY OF THEIR 53 COUNTERPARTS #ANADAS COST ADVANTAGE CAN BE ATTRIBUTED TO LOWER LABOUR COSTS LOW CORPORATE TAX RATES AND UTILITY COSTS
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,IVING ENVIRONMENT 2EAL ESTATE )NFRASTRUCTURE COMMUNICATIONS &LEXIBILITY OF LABOUR REGULATIONS 0RESENCE OF INDUSTRYCLUSTER ,OCAL POTENTIAL TO RECRUIT SKILLED STAFF 'ENERAL BUSINESS ENVIRONMENT
#ANADA OFFERS FOREIGN INVESTORS COMPELLING ADVANTAGES IN LOCATION AND LOGISTICS COUPLED WITH A STRONG MANUFACTURING BASE IN THE CHEMICALS INDUSTRY ,ARGE AND MEDIUM SIZED #ANADIAN LOCATIONS PROVIDE ATTRACTIVE OPERATING ENVIRONMENTS PRIMARILY DUE TO THEIR SIZE AND CONCENTRATION OF THE SPECIALIZED RESOURCES REQUIRED FOR
5NLESS OTHERWISE NOTED GRAPHS REPRESENT )"- 0,) ASSESSMENT SCORES
THE CHEMICALS SECTOR /VERALL BASED ON THE QUALITATIVE ASSESSMENT SCORE #ANADAS TWO LARGEST CITIES 4ORONTO AND -ONTRÏAL TOGETHER WITH %DMONTON RANK AMONG THE TOP lVE .ORTH !MERICAN LOCATIONS ANALYSED WHILE (ALIFAX AND 3ARNIA PLACE IN THE TOP TEN
#!.!$!3 6!,5% 02/0/3)4)/. -ARKETS OF OPPORTUNITY
-ARKET PROXIMITY HIGHEST RANKING CITIES
0ROXIMITY TO MARKET IS A KEY CONSIDERATION FOR INDUSTRIAL CHEMICAL COMPANIES LOOKING TO INVEST OR EXPAND THEIR OPERATIONS 4AKING INTO ACCOUNT THE REPRESENTATIVE PROTOTYPE THIS BENCHMARKING STUDY EVALUATES THE NUMBER OF PETROLEUM PRODUCT WHOLESALER DISTRIBUTORS AVAILABLE IN THE VICINITY OF THE POTENTIAL PETROCHEMICAL FACILITY AS WELL AS THE PRESENCE OF RELEVANT MANUFACTURING lRMS THAT REPRESENT A POTENTIAL MARKET !MONG .ORTH !MERICAN LOCATIONS ASSESSED lVE #ANADIAN LOCATIONS RANK IN THE TOP #ANADIAN .ON #ANADIAN
! SOLID INDUSTRY BASE #ANADAS INDUSTRIAL CHEMICAL SECTOR ULTIMATELY FEEDS INTO AND BENElTS FROM RELATED MANUFACTURING INCLUDING A BILLION PLASTICS INDUSTRY )N FACT #ANADA IS HOME TO NEARLY PLASTICS COMPANIES INCLUDING NUMEROUS SMALL AND MEDIUM SIZED ENTERPRISES AS WELL AS MANY LOCAL AND MULTINATIONAL COMPANIES LOCATED IN /NTARIO AND 1UEBEC
)NDEED #ANADAS INDUSTRIAL CHEMICAL SECTOR PROVIDES A DIVERSE MANUFACTURING BASE THAT OFFERS IMPORTANT CROSS SECTOR ADVANTAGES SUPPLYING CRITICAL COMPONENTS FOR USE IN A BROAD RANGE OF INDUSTRIES INCLUDING LARGE AUTOMOTIVE AND AEROSPACE SECTORS
.UMBER OF ESTABLISHMENTS CLASSIlED AS PLASTIC PRODUCT MANUFACTURING HIGHEST RANKING CITIES
#ANADAS PROXIMITY TO THE 5NITED 3TATES ALSO CONTRIBUTES TO THE SCALE OF THE #ANADIAN CHEMICAL INDUSTRY !S A MEMBER OF THE .ORTH !MERICAN &REE 4RADE !GREEMENT .!&4! #ANADA IS THE PREEMINENT GATEWAY TO THE VAST 53 MARKET THE ULTIMATE DESTINATION FOR PERCENT OF #ANADAS CONSUMER AND INDUSTRIAL CHEMICALS AND PERCENT OF ITS PLASTICS EXPORTS
1UALITATIVE ASSESSMENT OF POTENTIAL TO RECRUIT STAFF HIGHEST RANKING CITIES
! SKILLED AND MOTIVATED WORKFORCE #ANADA IS HOME TO AN EXCEPTIONALLY WELL EDUCATED TALENTED AND DIVERSE WORKFORCE #ANADA IS lRST IN THE WORLD WHEN IT COMES TO HIGHER EDUCATION AND THIRD IN THE WORLD FOR SECONDARY SCHOOL ENROLMENT FAR AHEAD OF ITS .ORTH !MERICAN &REE 4RADE !GREEMENT PARTNERS THE 5NITED 3TATES TH AND -EXICO RD
#ANADIAN .ON #ANADIAN
#ANADIAN .ON #ANADIAN
4HE BENCHMARKING STUDY REVEALS THAT MOST OF THE #ANADIAN LOCATIONS ANALYZED ALSO OFFER A LARGE TALENT POOL WITH SKILLS IN THE INDUSTRIAL CHEMICALS SECTOR )N ABSOLUTE NUMBERS 4ORONTO AND -ONTRÏAL RANK HIGHLY HAVING A SOLID BASE OF EXPERIENCED EMPLOYEES AND A SPECIALIZED STUDENT POPULATION !S A MATURE CHEMICAL CLUSTER %DMONTON ALSO PROVIDES A LARGE LABOUR FORCE WITH RELEVANT SKILLS WHILE 3ARNIA RANKS AMONG THE STRONGEST LOCATIONS IN .ORTH !MERICA WHEN CONSIDERING CONCENTRATION OF WORKFORCE IN THIS INDUSTRY
5NLESS OTHERWISE NOTED GRAPHS REPRESENT )"- 0,) ASSESSMENT SCORES
3TATISTICS #ANADA 53 #ENSUS "UREAU -EXICAN .ATIONAL 3TATISTICS !GENCY )-$ 7ORLD #OMPETITIVENESS 9EARBOOK
#!.!$!3 6!,5% 02/0/3)4)/. %STIMATED ANNUAL LABOUR COSTS HIGHEST RANKING CITIES
!DVANTAGEOUS LABOUR COSTS ,ABOUR COSTS FOR EMPLOYEES WORKING IN #ANADAS INDUSTRIAL CHEMICALS SECTOR ARE VERY COMPETITIVE WITH THOSE FROM OTHER CLUSTERS IN ADVANCED ECONOMIES !LL SIX #ANADIAN CITIES ASSESSED IN THIS STUDY RANK AMONG THE MOST ATTRACTIVE COST OPTIONS WITHIN .ORTH !MERICA LED BY THE !TLANTIC CITIES OF (ALIFAX AND 3AINT *OHN
#ANADIAN .ON #ANADIAN # 53 -8.
!N IMPORTANT COMPONENT OF #ANADAS LABOUR COST ADVANTAGE RELATIVE TO THE 5NITED 3TATES STEMS FROM THE LOWER COSTS OF PROVIDING EMPLOYEE BENElTS #ANADAS NATIONAL HEALTHCARE SYSTEM IMPLIES THAT MOST MEDICAL INSURANCE COSTS ARE PUBLICLY FUNDED RATHER THAN PAID BY THE EMPLOYER RESULTING IN SIGNIlCANT SAVINGS
!VAILABILITY OF LARGE INDUSTRIAL SITES HIGHEST RANKING CITIES
!VAILABILITY OF LARGE INDUSTRIAL SITES 4HE AVAILABILITY OF LAND SUITABLE FOR THE DEVELOPMENT OF CHEMICAL PROCESSING AND MANUFACTURING PLANTS PROVES TO BE A STRONG ASSET FOR ALL OF THE #ANADIAN CITIES EVALUATED IN THIS STUDY WHEN COMPARED TO OTHER LOCATIONS WITHIN .ORTH !MERICA #ANADA ALSO OFFERS COMPETITIVE LAND AND CONSTRUCTION COSTS MAKING LOCATIONS SUCH AS 3AINT *OHN (ALIFAX AND 3ARNIA SOME OF THE MOST AFFORDABLE INVESTMENT LOCATIONS IN .ORTH !MERICA
#ANADIAN .ON #ANADIAN
! CONDUCIVE BUSINESS ENVIRONMENT
'ENERAL BUSINESS ENVIRONMENT HIGHEST RANKING CITIES
4HANKS TO ITS SOLID AND DYNAMIC ECONOMY LOW CORPORATE TAX RATES QUALITY SUPPORT FROM LOCAL GOVERNMENTS AND DEVELOPMENT AGENCIES BUSINESS PERMITTING PROCEDURES PRIVACY REGULATIONS INFORMATION SECURITY AND PROTECTION OF INTELLECTUAL PROPERTY RIGHTS #ANADA HAS FOSTERED A BUSINESS ENVIRONMENT THAT ALLOWS COMPANIES TO INVEST AND mOURISH !S THE LEADER IN '$0 GROWTH AMONG ' COUNTRIES OVER THE LAST DECADE AND WITH THE WORLDS SOUNDEST BANKING SYSTEM #ANADA PROVIDES A STABLE AND STRONG BUSINESS ENVIRONMENT THAT OFFERS TREMENDOUS GROWTH POTENTIAL AND PEACE OF MIND FOR BUSINESS INVESTMENT )N FACT ALL #ANADIAN CITIES EVALUATED OBTAIN HIGH MARKS IN THIS ASSESSMENT WHICH IS BASED ON MEASURES PUBLISHED BY THE )-$ THE %CONOMIST )NTELLIGENCE 5NIT AND THE 7ORLD %CONOMIC &ORUM (ALIFAX RANKS PARTICULARLY WELL BECAUSE OF ITS VERY SUPPORTIVE LOCAL DEVELOPMENT NETWORK
#ANADIAN .ON #ANADIAN
5NLESS OTHERWISE NOTED GRAPHS REPRESENT )"- 0,) ASSESSMENT SCORES
)"- 0,) CALCULATIONS BASED ON 7ATSON 7YATT %CONOMIC 2ESEARCH )NSTITUTE %2) 7ORLD %CONOMIC &ORUM 'LOBAL #OMPETITIVENESS 2EPORT /CTOBER
)NVEST IN #ANADA AT YOUR SERVICE 7E OFFER THE FOLLOWING VALUABLE SERVICES TO OUR CLIENTS q STRATEGIC MARKET INTELLIGENCE ON YOUR SPECIFIC SECTOR q DIRECT CONTACT WITH KEY DECISION MAKERS IN THE GOVERNMENT q REFERRALS TO CONTACTS IN FIRMS AND INDUSTRY ASSOCIATIONS AS WELL AS EXPERTS q INFORMATION AND ADVICE ON SETTING UP A BUSINESS IN #ANADA q HELP IN IDENTIFYING A SUITABLE PLACE IN WHICH TO INVEST q ASSISTANCE IN DEVELOPING A BUSINESS CASE FOR YOUR NEXT INVESTMENT DECISION
/UR GLOBAL NETWORK WILL SHOW YOU WHY #ANADA IS YOUR STRATEGIC CHOICE FOR GROWTH 4O REACH AN INVESTMENT OFFICER IN YOUR MARKET PLEASE VISIT
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