April 11, 2005
(Innovation, Trade and Rural Development)
Team Canada Atlantic
arrives in Chicago for trade mission
A delegation of 45 Atlantic Canadian
companies and organizations landed in Chicago, Illinois, yesterday.
The delegates are participating in the first Team Canada Atlantic (TCA)
trade mission to a market that has it all: the busiest airports, a
strong business base, a diversified economy and endless business
possibilities. The TCA delegation is in Chicago until Thursday,
"Atlantic Canadian companies increasingly recognize that exporting
is key to success in business," said Joseph McGuire, Minister of the
Atlantic Canada Opportunities Agency (ACOA). "Trade missions provide
an opportunity for our companies to break into new export markets
and improve their bottom line. That is why ACOA is proud to support
trade and investment initiatives like Team Canada Atlantic. We know
this approach works Ė we have the results to back it up. Given that,
we have high expectations for this mission."
Senator Marilyn Trenholme Counsell is taking part in the mission on
behalf of Minister McGuire.
"Newfoundland and Labrador has much to offer the world from an
investment, export and business perspective, and we are committing
to fostering opportunities for companies to market themselves
abroad," said Kathy Dunderdale, Minister of Innovation, Trade and
Rural Development. "In the past, we have led a number of successful
trade missions from Newfoundland and Labrador to various markets in
the United States and Europe. We are taking some excellent companies
with us on this mission and I am confident that we will repeat those
successes in Chicago."
Over the next few days, companies participating in the trade mission
will have the opportunity to meet with businesses and industry
leaders in a number of sectors, including advanced manufacturing;
agriculture; agri-food and seafood; building and construction;
consumer products; information and communications technology; and
Team Canada Atlantic is a partnership of ACOA, Agriculture and Agri-Food
Canada, Industry Canada, Foreign Affairs Canada, International Trade
Canada and the four Atlantic provinces. Team Canada Atlantic is
committed to strengthening the trade and investment relationship
between Atlantic Canada and the United States.
Trade missions have been at the core of the Team Canada Atlantic
approach since 1999. Nine trade missions to the New England states,
Atlanta, New York and Washington have helped more than 300 Atlantic
Canadian entrepreneurs to meet with nearly 2,500 buyers, agents and
business owners from across the United States, resulting in export
sales in excess of $35 million.
Complete List of Participating Companies and Organizations
Newfoundland and Labrador
Compusult Limited (Mount Pearl); iDance (St. Johnís); Labrador
Preserves (Forteau); Meditrain (St. Johnís); Nearshore Atlantic (St.
Johnís); Systems 'N' Solutions Ltd. (St. Johnís); Terra Nova
Industries Limited (Glovertown); thedog8it! (St. Johnís); Torngait
Ujaganniavingit Corporation (Nain); Unity Bay Energy Ltd. (St.
Johnís); Verafin Inc. (St. Johnís), Wholesome Dairy Limited
Apex Industries Inc. (Moncton), Computer Generated Solutions, Canada
Ltd. (Saint John); Craig Manufacturing Ltd. & Microbotic Digital
Machining (Hartland); GoSource (Moncton); Granite Town Farms Ltd.
(St. George); LabMentors Inc. (Fredericton); L.B. Manufacturing Inc.
(Dieppe); Etang Ruisseau Bar Ltd. (Shippagan); MedBridge Systems
(Fredericton); Northumberland Co-operative Ltd. (Miramichi); Ocean
Legacy Inc. (LíEtang); Saint John Port Authority (Saint John).
Abridean Inc. (Halifax); IQUB/The Bitz (Sackville); C-Vision
(Halifax); EdenValley Farms (ACA Co-operative Ltd.) (Kentville);
Fineline Fuel Systems (Truro); Fundy Composites Limited (Halifax);
Glenora Distillery (Glenville); Halifax Port Authority (Halifax);
Intelivote Systems Inc. (Dartmouth); LaHave Audio Products
(Bridgewater); Music Management International (Dartmouth); Nova
Scotia Textiles Ltd. (Windsor); Trail Blazer (Dartmouth); Van Dykís
Health Juice Products Ltd. (Kentville).
Prince Edward Island
Canadian Mussels, Ltd. (Montague); Fiber Connections Inc. (Summerside);
Holland College (Charlottetown); PEI Mussel King (Morell); Ravenwood
Stairways (Elmsdale); Storemark Quality Fixtures (Pooles Corner);
Vision Research Inc. (Charlottetown).
For more information, contact:
Valťrie Poulin, Director of
Communications, Office of the Honourable Joseph McGuire,
Minister of the Atlantic Canada Opportunities Agency, (613)
Tracy Kenney, Senior Communications Officer, Atlantic Canada
Opportunities Agency, (506) 851-2639
Lynn Evans, Director of Communications, Innovation, Trade and
Rural Development, Government of Newfoundland and Labrador,
Trade and Investment
- Canada and the United States
share the worldís largest and most comprehensive trading
relationship, which supports more than two million jobs in both
- Approximately C$1.8 billion in
trade crosses the Canada-U.S. border every single day.
- More than 80 per cent of
Atlantic Canada exports are destined for U.S. markets. Exports
create one out of every three new jobs in Atlantic Canada, and
for every $1 million in exports, eight to eleven full-time
positions are sustained.
- The United States is the largest
foreign investor in Canada and the most popular destination for
- Atlantic Canada exports to the
U.S. Midwest valued at $416 million in 2003, accounting for
approximately three per cent of Atlantic Canadaís total export
market to the United States.
- Chicago is the third largest
metropolitan area in the United States. It is home to more than
eight million people and 200,000 businesses.
- Chicagoís main industries are
financial services, transportation, business services,
government services, technology and retail.
- Chicago is home to numerous
Fortune 500 firms such as Boeing, Sears, Deere & Co., Motorola,
Allstate Corp., Caterpillar and United Airlines.
- Chicago has two airports which
process 83 million passengers a year. In addition, Chicago is
home to the largest rail center in the U.S.
- An estimated 75 per cent of the
U.S. population can be reached by truck within two days from
- Known as the meeting place for
the U.S., Chicago has an abundance of meeting facilities and
hosts many conventions and trade shows each year.
- In 2003, Atlantic Canada sold
$255 million worth of goods to Illinois, $30 million to Missouri
and $131 million to Wisconsin for a total of $416 million for
the U.S. Midwest.
- Chicago is home to the Consulate
General of Canada responsible for Illinois, Missouri and
Sources: Trade Data Online (strategis.ic.gc.ca),
InfoExport, the Canadian Consulate General in Chicago and World
Business Chicago (worldbusinesschicago.com)
2005 04 11