Canada has a streamlined trans-border transportation system with direct access to the North American market. Excellent global market access for businesses. Facilitated by efficient transport linkages tying North America to Asia and Europe.
The North American market is served by a well integrated transportation system, which is among the world’s best. Automated permit ports, transponder-identification systems and joint processing centres are being tested and deployed for easy movement of goods. Bottom line: the border system is one of the world’s most efficient.
Canadian-based businesses have access to one market of nearly 482 million consumers with a combined GDP of over US$21 trillion.* Many Canadian production hubs are very close to U.S. markets with 16 of Canada’s 20 largest cities within a 1.5-hour drive of the U.S. border.
With the Canadian-European Union Comprehensive Economic and Trade Agreement (CETA) in force, firms operating in Canada have preferred market access to 45 foreign countries.
Canada’s preferred market access represents over 1.2 billion consumers and over US$41.3 trillion or 54.8%, of global GDP.
Canada’s market access is supported by a reliable and efficient transportation system, providing for effective Canadian business participation in global supply chains. Source: IMF World Economic Outlook, April 2017.
Canada’s Gateways offer an integrated and efficient transport network that spans from coast to coast, reaching deep into North America’s economic heartland. The Gateways’ strategic locations offer the most direct routes to and from Asia and Europe.
Sailing times from Canada’s Atlantic and Pacific deep-water ports are up to two days shorter than from other North American ports.
See more on how Canada attracts and assists the agriculture and food processing accessing sector here.
* Source: IMF World Economic Outlook, April 2017.