STATE OF ARIZONA Land of Opportunities for the Future MONTREAL - May, 20 th 2009

Arizona: Quick Facts Population 2008: 6.5 million Annually recognized as one of the fastest growing states in the United States Average age: 26.6 years Jobs 2.84 million 83,349 Businesses (3+employees) Geographic Density 113,635 square miles 45.2 persons per square mile

Why Arizona ? Attractive year round climate World class university system Six international airports 2 nd busiest port in US (Long Beach) Local track record of success Arizona – things you probably did not know... 32M population within 5 hour drive of Phoenix Aggressively supportive government agencies Business indices rate Arizona twice as favourable as California Arizona Tech Council, an active well organized industry organization

Population Projections

Arizona: Industries of Opportunity Aerospace Boeing Bombardier Embraer Goodrich Honeywell Lockheed Martin Northrop Grumman Raytheon Bioscience Abraxis GE Medical International Genomics Consortium Translational Genomics Research Institute (TGen) W.L. Gore Environmental Technology Allied Waste First Solar Global Solar Kyocera Solar SOLON America Southwest Windpower Information & Communication Technology Avnet Intel Insight Enterprises JDA Software ST Microelectronics ON Semiconductor

Phoenix… From a US Hub to a Major International City Population Growth ( ) : Phoenix - First in North America Source: Montreal International 2008

Phoenix… From a US Hub to a Major International City Job Growth: Phoenix - First in North America for the period Source: Montreal International 2008 Metropolitan AreaJob Growth Phoenix36.22 % Toronto28.86 % Atlanta26.94 % Montreal23.07 % Miami22.63 % San Diego19.97 % Los Angeles19.28 % Houston19.08 % Denver17.68 % Dallas17.67 % Washington16.20 % Seattle15.10 % New York8.87 %

Phoenix… From a US Hub to a Major International City Scientific Publication Growth ( ) : Phoenix - First in North America Source: Montreal International 2008

Phoenix… From a US Hub to a Major International City University Student as a % of the population : Phoenix ranked in the Top five in the U.S. *ASU Arizona State of Arizona – Largest University in the US. Source: Montreal International 2008

Phoenix… From a US Hub to a Major International City Comparison of average salaries of typical occupations Source: Montreal International 2008 Labor Costs Director of Engineering Average annual base salary (US$) Montreal 116,476 Phoenix 120,805 Toronto 122,016 Atlanta 123,403 Cleveland 123,782 Director of Software and Design Average annual base salary (US$) Montreal 101,654 Phoenix 102,755 Atlanta 105,001 Cleveland 105,530 Miami 105,923 Programming Supervisor Average annual base salary (US$) Phoenix 114,033 Montreal 114,434 Atlanta 116,496 Cleveland 116,939 Miami 117,725 Plant Manager Average annual base salary (US$) Phoenix 96,632 Montreal 97,565 Cleveland 98,232 Atlanta 98,655 Miami 99,516

Leading University Based Competencies Electronics & Optics Computer Modeling & Simulation Space Science Ecological Sciences & Bioagriculture Cancer Research Neurosciences Bioengineering, Bioimaging & Bioinformatics Genomic Sciences & Applications for Therapeutics, Vaccines & Diagnostics

Arizona: Strategic Transportation Hub Global Connectivity Phoenix Sky Harbor Int’l Airport “the world’s 5 th busiest in operations” Tucson Int’l Airport 96 public airports, some with cargo capabilities International Ports of Entry Five ports of entry with Mexico CANAMEX Corridor Interstate Highways Well-connected to major Southwest markets Rail with Multimodal Capabilities Many rail served sites and buildings

Competitive Climate Financial Benefits and Incentives Foreign Trade Zones; Enterprise Zones; Empowerment Zones; Job Training Grants; Private Activity Bonds Workforce Skilled and Ready Premier Research and Development Parks Abundant Resources and Reliable Utilities

Access to Major Markets Phoenix to Los Angeles and San Diego: 6 hours Phoenix to San Francisco and San Jose: 14 hours Phoenix to Dallas: 16 hours Phoenix to Denver: 8 hours

128,250 jobs in Arizona are supported by Canada – U.S. trade Canada is Arizona’s second largest international market, purchasing 11 % of the state’s worldwide merchandise exports. Bilateral trade flows grew to $3 billion in 2007, which daily represent an average of $8 million. Canada - Arizona Trade Relations A CLOSE RELATIONSHIP

C CANADA - ARIZONA FDI RELATIONS OVER 100 CANADIAN COMPANIES HAD OPERATIONS IN ARIZONA, ADDING THOUSANDS OF LOCAL JOBS TO THE STATES ECONOMY Some of the leading Canadian companies including Stantec Engineering, Bombardier, Mitel Networks, Quadra Mining and American Bonanza Gold Corp., invested over $1 billion into the Arizona economy in Arizona’s economy is ripe for investment in the high-tech, engineering and information technology sectors. As such, Canada has capitalized on these strengths and has become one of the top sources for foreign direct investment in the state. OVER 100 CANADIAN COMPANIES INVEST IN ARIZONA

C A PROFESSIONAL AND PERSONALIZED BUSINESS ASSISTANCE Our services include: Aiding you in setting up a US subsidiary Providing information on Arizona’s labor force, average wages, business tax, structure and more Coordinating site and building searches Offering customized financial assistance, including: grants, low interest loans, tax credits, bond financing and job training Networking with potential partners, including: suppliers, colleges, universities, law firms, accounting firms, banks, real estate professionals, construction and engineering firms and regional economic development experts throughout the state Assisting with immigration-related issues Identifying training opportunities For more information, see

Arizona Department of Commerce – Office in Canada Frédérick Bernard Authorized investment representative State of Arizona - Arizona Department of Commerce Tel.: (514) Cell.: (514) Fax: (514) , Sainte-Catherine West Montreal, QC H3Z 3J8 CANADA |