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Presentation to the Slovenian Chamber of Commerce September 24, 2013.

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Presentation on theme: "Presentation to the Slovenian Chamber of Commerce September 24, 2013."— Presentation transcript:

1 Presentation to the Slovenian Chamber of Commerce September 24, 2013

2 2 Overview of Canada’s economy GDP (2011) 1.7 trillion CDN$ 2.7% GDP growth between 2012 Q2 and 2013 Q2 Unemployment rate: 7.1% (August 2013) Merchandise exports: 39.2 billion CDN$ (4.3% increase since 2012) Merchandise imports: 40.1 billion CDN$ (-0.8% decline since 2012) Merchandise trade balance: -0.9 billion CDN$ Consumer Price Index (CPI): 1.3% between 2012 and 2013

3 3 Canada is a Global Energy Leader 3 rd largest oil reserves (dominantly in mid and western Canada) 6 th largest oil producer (a large portion of production is in Alberta, with oil sands being the main source of production) 3 rd largest producer of natural gas (mostly conventional gas, with shale gas fields discovered in Ontario and Quebec) 3 rd largest producer of hydro power 2 nd largest producer of uranium Over 75% of power generation non emitting Vast renewable and clean energy potential The sector employs over 500,000 both directly and indirectly

4 4 Strengths of the oil and gas industry in Canada Most of the world's recoverable oil reserves are in Canada, making Canada one of the most important investment destinations for oil. Canada offers an advantageous location for R&D. Today's petroleum industry requires innovative technology; Canadian technology suppliers have proven their excellence. Canada has large gas supplies, including unconventional reserves. Canada is well-positioned geographically to supply the growing energy demand of Asia via its Pacific ports and terminals. Canadian production companies in the sector are sizeable and well-run, and operate internationally. Canada has displayed enviable economic management and a stable financial sector through the recent economic downturn.

5 5 Canadian Power conference APPrO APPrO is a conference that has been organized in Toronto, on an annual basis since 2003. This year it will be held between the 19 th and the 20 th of November. The target audience consists of professionals in the energy sector from all over the world interested in meeting and learning from professionals based in Ontario. Participants include representatives from the Ontario Power Authority, KPMG, Ontario Energy Association, Transcanada Energy, numerous colleges and universities from Ontario and numerous other firms as well as governmental institutions. Covered topics will include: nuclear perspectives, projects finance, gas fired power generation, political issues etc. Further information: om_frontpage&Itemid=1

6 6 Agriculture and agri-food in Canada The agriculture and agri-food system encompasses several industries including the farm input and service supplier industries, primary agriculture, food and beverage processing, food distribution, retail, wholesale and foodservice industries. It makes a significant contribution to Gross Domestic Product (GDP) and employment, directly providing one in eight jobs, employing 2.1 million people and accounting for 8.0% of total GDP. Canada is both the sixth-largest exporter and importer of agriculture and agri-food products in the world [if the EU is treated as a bloc], with exports and imports valued at $40.3 billion and $31.0 billion, respectively.

7 7 Canadian agriculture at a glance Canadian Agri-Food Trade ** (CDN$ billion) 200920102011 Total Agri-Food Exports: 35.17535.46040.303 Total Agri-Food Imports: 28.00928.10631.117 Trade Balance:7.1677.3549.186 Canadian Top 5 Agri-Food Exports ** (CDN$ billion) 200920102011 Total Agri-Food Exports: 35.17535.46040.303 Canola3.4563.3984.592 Non-durum wheat4.5663.9354.574 Canola oil0.8671.3981.856 Soybeans0.9891.3351.385 Frozen pork1.0111.0591.295

8 8 The Gourmet Food & Wine Expo The annual Gourmet Food & Wine Expo is held in November at the Metro Toronto Convention Centre, North Building. Each year the Expo offers 38,000 guests an unparalleled opportunity to sample over 1,500 fine wines, spirits and beers from around the globe. In 2013 it will be held between November 14-17. Further information:

9 9 The Canadian Trade Commissioner Service The Canadian Trade Commissioner Service (TCS) provides Canadian companies with on-the-ground intelligence and practical advice on foreign markets to help them make better, more timely and cost-effective decisions in order to achieve goals abroad. Through our presence in more than 150 cities worldwide, we gain market intelligence and insight, and uncover opportunities for Canadian companies. With offices across Canada, we can help companies prepare for international markets, right here at home. We can assist Canadian companies to: export, establish abroad, tackle a market access issue, pursue a joint-venture or strategic alliance, participate in global value chain, seek technology and R&D partnerships.

10 For more information Contact us at The Canadian Embassy, Budapest, Hungary Budapest 1027, Ganz utca 12-14. Budapest, 1027 Hungary Tel: +36 1 392 3351 Fax: +36 1 392 3395 E-Mail: Website:

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