Minister Carr promotes Canada's ambitious Trade Diversification Strategy with information and communications technology and life science businesses in Winnipeg, Manitoba

From: Global Affairs Canada

News release

November 26, 2018 - Ottawa, Ontario - Global Affairs Canada

The Government of Canada is committed to significantly bolstering export opportunities for Canadian businesses and diversifying Canada’s overseas trade. When companies across the country are able to compete and succeed internationally, it leads to more high-quality jobs for middle-class Canadians.

Today, the Honourable Jim Carr, Minister of International Trade Diversification, is in Winnipeg to highlight the benefits of Canada’s Trade Diversification Strategy for local businesses, including the information and communications technology (ICT) and life science sectors.

At the Red River College Applied Computer Education Project Space, an interactive venue—created in partnership with the North Forge Technology Exchange—the Minister outlines how investments made in the trade diversification agenda will help cutting-edge technology come to life and go global. He will also meet with established companies from Winnipeg’s thriving ICT and life science sectors, as well ICT start-ups and students.

Announced as part of the Fall Economic Statement, Canada’s Trade Diversification Strategy proposes new measures to help businesses go global, including:

  • making Canada a more globally connected economy by increasing Canada’s overseas exports by 50% by 2025
  • providing resources to small and medium-sized enterprises to help them explore new export opportunities
  • enhancing trade services for Canadian exporters
  • helping Canadian innovators add value, succeed and grow

Quotes

“Canada’s Trade Diversification Strategy will help businesses compete and succeed internationally. Our competitiveness depends in large part on making Canada the most globally connected economy. The investments we are making will connect our people, their ideas and the products they sell to the world.”

- Jim Carr, Minister of International Trade Diversification

Quick facts

  • With the Trade Diversification Strategy, the government will invest $1.1 billion over six years to finance infrastructure to support trade, enhance trade services for Canadian exporters and provide Canadian businesses with resources to execute their export plans.

  • Manitoba’s global merchandise exports were valued at $14 billion in 2017. 

  • Winnipeg hosts approximately 1,300 ICT-related companies, directly creating over 10,000 jobs.

Associated links

Contacts

Isabella Brisson-Urdaneta
Press Secretary
Office of the Minister of International Trade Diversification
343-203-7332
Isabella.Brisson-Urdaneta@international.gc.ca

Media Relations Office
Global Affairs Canada
343-203-7700
media@international.gc.ca
Follow us on Twitter: @CanadaTrade

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