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State of the State Global California Online with the World Conference April 25, 2008 Chantal Ramsay, Consul
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Ontario and California A strong and productive relationship already exists: –The Governor visited in May 2007 and the Premier will visit later this year –Approximately 55% of Canadian parent companies with a presence in California are based in Ontario. –Ontario accounts for 73% of the Canadian merchandise exports to California, and for 55% of the Canadian imports from California. –California is the second largest market for Ontario’s goods, and the seventh largest source of Ontario’s imports among US states.
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The Ontario Economy Ontario is the economic engine of Canada 39% of Canada’s GDP 39% of the population 39% of the employment 40% of Canada’s personal income 49% of the manufacturing shipments 45% of total Canadian exports 50% of international immigration
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Ontario Economic Development www.2ontario.com
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Exports are almost 60% of Ontario’s GDP Total Ontario GDP in 2006: US$ 487.6 billion Total international exports in 2006: 58.9% of GDP California accounts for almost 10% of Ontario’s global merchandise exports. Ontario exports more to California than it does to the UK, Mexico and China combined.
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Most exports go to the US
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Online Export Help http://www.ontarioexports.com International Trade Branch, MEDT –Preparing to export –Country profiles –Trade Fact sheets –Export opportunities –International buyers
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Ontario Trade Fact Sheets http://www.2ontario.com/EI/tradefactsheet/ontario_tradefactsh eet.asp?ID=220&type=UShttp://www.2ontario.com/EI/tradefactsheet/ontario_tradefactsh eet.asp?ID=220&type=US Ontario – California Two Way Trade
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