Trade Accelerator Program (TAP) Toronto Export Workshop: Mar 21-22

Trade Accelerator Program (TAP) Toronto Export Workshop: Mar 21-22

Toronto-based businesses have a phenomenal opportunity when it comes to exporting products internationally. There are government funding programs and other resources available to companies of all sizes and industries; the key is knowing how to access them. Many of the hurdles businesses must face to export their products globally can be minimized through the development…

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…

Apply for the CDMN Soft Landing Program in Spring 2017

Apply for the CDMN Soft Landing Program in Spring 2017

The Canadian Digital Media Network’s CDMN Soft Landing program allows startups and small and mid-sized businesses to access new markets, collaborate with international partners, and improve global sales at reduced cost. Eligible export expansion initiatives may receive up to $4,000 in reimbursable expenses for projects lasting up to three months. CDMN Soft Landing will cover…

Canadian Exports to United States Are Being ‘Trumped’ by Mexico

Canadian Exports to United States Are Being ‘Trumped’ by Mexico

2016 wasn’t a great year for Canadian exports destined for the United States. In fact, Canadian exports decreased by 7.7%, despite a relatively low dollar value that should have increased competitiveness. Canadian exports to the U.S. have suffered a decline since early in 2015 while other top American trade partners (China, Mexico) have remained much…

CanExport Funding Awarded to 500+ Businesses in 2016

CanExport Funding Awarded to 500+ Businesses in 2016

Developing international markets is an imperative strategy for any business who is seeking to drive revenues and become globally competitive. Although it can be expensive and risky to act on an expansion plan, doing so can lead to a range of benefits such as generating substantially higher revenues, developing a more reliable value chain, and…

Ontario Export Awards Recognizes 12 Exceptional Manufacturers

Ontario Export Awards Recognizes 12 Exceptional Manufacturers

Ontario’s economic health is largely affected by manufacturing exports. In 2015, Ontario manufacturers generated nearly $290 billion in revenue; approximately $197 billion of this was from international customers. Manufacturers who export their products play a valuable role in boosting the province’s economy, from creating high value jobs to generating wealth that fuels future investments. But…

5 Ways Hillary Clinton’s Presidency Would Impact Canadian Business

5 Ways Hillary Clinton’s Presidency Would Impact Canadian Business

Disclaimer: This article does not endorse either political party or presidential nominee. Today is the American presidential election. We’ll soon know who the next leader of the United States is, and with that knowledge, we can begin looking at the new administration’s incoming changes. Yesterday’s blog reviewed Trump’s platform; and in an effort to analyze…

5 Ways Foreign Direct Investment Strengthens Canadian Businesses

5 Ways Foreign Direct Investment Strengthens Canadian Businesses

Most Canadians share an inaccurate, out-of-date view of how businesses grow and succeed in international markets. Gone are the days where businesses manufactured products in Canada and shipped them internationally; now companies must extend beyond borders and become part of an integrated international value chain. Traditional trade measurements fail to recognize is the effect that…

Ferrero Canada Awarded $1.5 Million to Expand Manufacturing in Ontario

Ferrero Canada Awarded $1.5 Million to Expand Manufacturing in Ontario

Ferrero International is the world’s third-largest manufacturer and distributor of confectionary goods. The company, best known for their chocolate treats, has an expansive network of 22 manufacturing facilities worldwide including Canadian operations in Brantford, Ontario. Ferrero Rocher, Nutella, Tic Tac, and Kinder Surprise are just some of the products made there. The company’s Canadian subsidiary,…

SEO, Export Expansion Strategies & Funding Event: September 20 in Chatham, Ontario

SEO, Export Expansion Strategies & Funding Event: September 20 in Chatham, Ontario

Exporting is one of the most important growth strategies used by businesses across Canada. Nearly 73,000 Canadian small and medium-sized businesses (SMEs) leverage new markets and opportunities outside of the country by exporting goods or services. This, however, only accounted for 11.8% of SMEs in Canada signaling that there is reluctance among Canadian businesses to…