Please Note: Export Market Access is now closed and not accepting further applications. For trade show grants and other forms of export support, learn more about the CanExport program. In Canada, exporting provides a new avenue to revenue and international competitiveness. While the rewards of exporting can be immense, businesses open themselves up to a great deal…
Although Canadian exports surpassed $521 million in 2016, it was the second straight year of decline. Since peaking in 2014, fewer products are being produced in Canada and sold internationally. This has raised the attention of the Canadian federal government, who’ve begun developing new programs in support of increasing international business opportunities. CanExport is one…
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…
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…
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’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…
BioAmber Inc. is a Montreal-based manufacturer of renewable biochemicals including bio-succinic acid, a building block chemical made from corn syrup. The company uses naturally-occurring sugars found in plant matter and transforms them into clean, green chemicals. Some of the products made from biochemical compounds include food flavour and additives, personal care products, adhesives, paints, and…
Canadian businesses looking to scale their operations and grow into new export markets can access CanExport funding for marketing and sales projects. Available for startups to medium-sized businesses, CanExport supports projects such as modifications to product packaging, conducting market research, and participating in international trade shows. Businesses can receive cost-sharing support from CanExport for up…