ANNOUNCEMENT 18 Mar 2015

In March 2015, the government of Canada announced a changed export promotion.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 1 neutral
  • 0 liberalising
Inception date: 18 Mar 2015 | Removal date: 16 Mar 2020
Still in force

Other export incentive

Prime Minister Stephen Harper announced on March 18, 2015 a new export market development program to provide $50 million over five years in direct financial assistance to entrepreneurs seeking to export to emerging markets for the first time. Non-repayable contributions, with cost-matching by recipients, will finance activities such as participation in trade fairs and missions, and market research. This program is expected to assist between 500 to 1,000 exporters per year across the country. The proposal is under consideration in Parliament as part of the government's budget proposal. That proposal also calls for the following actions:

  1. Providing $42 million over five years to expand the footprint and resources of the Trade Commissioner Service.
  2. Investing $18.1 million over two years, starting in 2016-17, to promote trade opportunities for the agriculture and agri-food sector.
  3. Providing an additional $12 million over two years, starting in 2016-17, to market Canadian agricultural and agri-food products around the world.
  4. Allocating $5.7 million over five years, starting in 2015-16, to help secure new market access for Canadian seal products.
  5. Providing $3 million over three years, starting in 2015-16, for the International Maritime Centre to attract foreign shipping companies to establish their headquarters in Vancouver.
  6. Supporting a new tourism marketing campaign in the United States.
  7. Ensuring that Canada's trade remedy system operates in an effective, accessible and transparent manner.

AFFECTED SECTORS

 
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AFFECTED PRODUCTS

 
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