November 23, 2018 – Ottawa, Ontario
The Honourable Mary Ng, Minister of Small Business and Export Promotion, joined small and medium-sized business owners in Ottawa today for a discussion on how the Fall Economic Statement will help Canadian businesses export.
In addition to a series of measures for increasing Canada’s competitiveness, the Fall Economic Statement proposes an Export Diversification Strategy that will invest $1.1 billion to increase Canada’s overseas exports by 50% by 2025.
The Export Diversification Strategy will include:
- investing in infrastructure to support trade;
- investing in CanExport to help SMEs explore trade opportunities;
- launching an export mentoring program to connect Canadian entrepreneurs looking to export and successful exporters;
- expanding the Trade Commissioner Service’s Canadian Technology Accelerator program;
- investing in SME export-readiness programs through local organizations; and
- enhancing the Trade Commissioner Service’s support for agricultural exporters.
These new measures will help Canadian SMEs take advantage of Canada’s 14 trade agreements that provide access to 51 countries, 62% of the global economy and 1.5 billion customers.
After addressing roundtable participants, Minister Ng had the opportunity to solicit their feedback on the Fall Economic Statement and the proposed Export Diversification Strategy.
The Fall Economic Statement is the next step in the Government’s plan to strengthen the middle class and build an economy that works for everyone.