Canadian Fall Economic Update: Impact on Business Incentives

Canadian Fall Economic Update: Impact on Business Incentives

Canada’s recently-released Fall Economic Update offers many provisions that directly support business competitiveness and make it easier to invest. Most beneficial to manufacturers is the announcement that the full cost of machinery and equipment can be written off immediately. Businesses outside of the manufacturing industry will also benefit from a similar incentive that supports writing…

How to Mitigate the Risk of Export Expansion Projects

How to Mitigate the Risk of Export Expansion Projects

For many businesses, entering a new market is a risky, time consuming, costly, and stressful endeavor. While businesses that already export can benefit from previous experience, existing processes, and internal know-how when entering a new market, there are still many risks in export expansion. Risk is amplified for businesses entering their first export market. While…

How to Embrace USMCA with Canadian Government Funding

How to Embrace USMCA with Canadian Government Funding

The United States-Mexico-Canada Agreement (USMCA) offers many opportunities as well as some challenges for Canadian businesses. If ratified, the new agreement-in-principle will take effect on January 1, 2020 and significantly impact supply chain management, predominantly in the dairy, poultry, and automotive sectors. While there are many businesses across Canada that are concerned about these changes,…

CanExport Funding: 2018 Program Enhancements

CanExport Funding: 2018 Program Enhancements

NOTICE: As of August 22 2019, the CanExport program now offers up to 75% of project expenses to a maximum of $75,000 per application and is open to agricultural producers and processors. Please refer to the CanExport program page for the most recent updates. CanExport is a Canadian government funding program that supports export development…

CanExport: Export Marketing Grants for Canadian Businesses

CanExport: Export Marketing Grants for Canadian Businesses

Many Canadian firms have unrealized export potential. Canada’s sterling international reputation and strong business landscape should lend well to Canadian export success, yet many businesses do not leverage this opportunity. Whether it’s because of the upfront investment or effort required, Canadian businesses tend to shy away from international markets. Fortunately, Canadian government funding programs can…

Ontario Greenhouse Cucumbers Thrive in New Export Markets

Ontario Greenhouse Cucumbers Thrive in New Export Markets

Between 2014-2015, Canadian greenhouse growers participated in a series of trade missions in Asia that helped boost consumer demand for Ontario-grown produce. Thanks to successful export marketing efforts in Hong Kong and China, Ontario greenhouse cucumbers are now generating new international revenues for agri-food businesses. This exporting opportunity was identified by the Ontario Greenhouse Vegetable…

Do You Qualify for CanExport Trade Show Grants?

Do You Qualify for CanExport Trade Show Grants?

The CanExport funding program provides Canadian government grants to support export marketing projects including participation in trade shows and government-led trade missions. By accessing additional funding for these types of activities, businesses can de-risk export market evaluation and development, ultimately helping to accelerate international growth. Through CanExport, Canadian businesses may access up to 50% of…

CanExport vs Export Market Access: Comparing Export Marketing Grants

CanExport vs Export Market Access: Comparing Export Marketing Grants

Please Note: Export Market Access is now closed and not accepting further applications. For trade show grants and other forms of export support, learn more about the CanExport program. In Canada, exporting provides a new avenue to revenue and international competitiveness. While the rewards of exporting can be immense, businesses open themselves up to a great deal…

CanExport: Canadian Government Grants for Export Marketing

CanExport: Canadian Government Grants for Export Marketing

Although Canadian exports surpassed $521 million in 2016, it was the second straight year of decline. Since peaking in 2014, fewer products are being produced in Canada and sold internationally. This has raised the attention of the Canadian federal government, who’ve begun developing new programs in support of increasing international business opportunities. CanExport is one…

Canadian Exporters Confidence in 2016 Drops to Lowest Point Since 2012

Canadian Exporters Confidence in 2016 Drops to Lowest Point Since 2012

Approaching the end of an uninspiring 2016, Canadian export confidence slipped to its lowest recorded point since Fall 2012. This decline make sense; in a year marked by Mexico’s overtaking as the United States’ #2 exporter and the election of Donald Trump, Canadian businesses are waiting cautiously to see what the future brings. The Trade…