Minister spoke at the Ontario Export Awards, saying changes to the world’s economy mean Ontario needs to recalibrate its exporting efforts
MISSISSAGUA, Ont.—Minister of Citizenship, Immigration and International Trade Michael Chan made a stopover at the Ontario Export Awards 2014 to show his government’s commitment to improve the export sector in Ontario.
“Global trade has doubled over the last 10 years, but Ontario’s share of economic activity has not kept pace,” said Chan at the gala awards luncheon Nov. 25 in Mississauga, Ont.
“The Conference Board of Canada estimates that every $100 million increase in exports creates approximately 1,000 new jobs,” Chan said. “That means every time you reach out internationally, build relationships with new export clients, expand existing supply agreements or simply lay the groundwork at an international trade show, you are helping strengthen our economy.”
With Ontario’s top exporting companies being celebrated at the event, Chan made sure to address the importance of diversification in our export markets.
“Of course, trade with the U.S. and Europe will continue to be the foundation of Ontario’s export activities. But changes to the world’s economy mean we need to recalibrate our efforts.”
The 2014 Ontario Export Awards were organized with the support of Canadian Manufacturers & Exporters (CME), Canada’s largest trade and industry association, and was sponsored by HSBC Bank Canada, UPS, Lincoln Electric Co. of Canada, Buffalo Niagara Enterprise and the Port of Montreal.