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Trade missions, the Trade Commissioner Service and the Canadian Commercial Corporation are among the many tools available to help Canadian small and medium-sized enterprises expand and succeed in global markets
April 24, 2015 – Victoria, British Columbia – Foreign Affairs, Trade and Development Canada
The Honourable Ed Fast, Minister of International Trade, today toured the facilities of Pacific GeoTech Systems Ltd. (PGTS) with Andy Lang, President, Eugen Toaxen, CEO, and Barry McPeake, Director of Business Development of PGTS, and discussed how the Government of Canada’s export tools have helped the company succeed internationally.
PGTS uses many of the tools offered through the Government of Canada’s Global Markets Action Plan (GMAP) to help small and medium-sized enterprises (SMEs) grow their businesses abroad. A valued client of the Canadian Trade Commissioner Service (TCS) in Canada, Latin America and Africa, PGTS also participated in Minister Fast’s August 2014 trade mission to Colombia and Peru and has been partnering with the Canadian Commercial Corporation (CCC) in Latin America. In 2012, PGTS worked with CCC to win a competitive contract with Colombia’s National Mining Agency for an integrated mining management system.
Prime Minister Stephen Harper recently announced, under Canada’s Economic Action Plan 2015, $50 million over five years in direct financial assistance to Canadian SMEs for market research and participation in trade missions. It is expected that this funding will help between 500 and 1,000 Canadian entrepreneurs per year reach their full export potential.
With GMAP, through economic diplomacy and under a whole-of-government approach to exporting, the Harper Government has revolutionized Canada’s trade-promotion efforts by ensuring Canadian businesses, especially SMEs, receive the full range of support and services they need to find success in global markets.
PGTS of Victoria, British Columbia, develops and deploys online, map-based enterprise systems for government agencies responsible for regulating the development of natural resources, particularly mining and oil and gas extraction, within their respective jurisdictions. The company’s systems are an important component of ensuring the transparency, accountability and corporate social responsibility of the extractive industries and the governments responsible for the regulatory environment in which these industries seek to work. PGTS has demonstrated considerable expertise in this domain in Canada and is seeking to leverage these capabilities and experiences in Peru and Colombia and throughout Latin America.
- One in five Canadian jobs is dependent on exports, representing 60 percent of our economy.
- There are more than one million SMEs across Canada, with 41,000 currently exporting—11,000 of these to emerging markets.
- Canadian business can count on the support of close to 1,000 trade commissioners in more than 160 trade offices around the world. In 2014, the TCS’s Pacific Regional Office, based in Vancouver, British Columbia, assisted 600 SMEs by providing them with on-the-ground international business support, including 1,142 targeted services, and connecting them to markets of interest.
- Trade missions open doors and provide on-the-ground support, business-to business contacts and information and tools for all Canadian exporters, especially SMEs. These missions are an important component of Canada’s GMAP, helping to position Canadian business for export success in foreign markets.
- In 2013-14, CCC was active in 57 countries with 183 Canadian companies. In the same year, CCC worked with 20 B.C. companies on export opportunities abroad.
“The Government of Canada, through the trade commissioner services and its export agencies, provides small and medium-sized business with the tools, information and support needed to grow and export. PGTS is another example of a company that is taking advantage of this support, and I encourage all Canadian entrepreneurs to do so.
“Under GMAP, the Harper Government will continue to provide tools and support to our companies to help them grow abroad, creating jobs and economic prosperity for all Canadians.”
– Ed Fast, Minister of International Trade
“At the recent PDAC conference in Toronto in March, the Canadian Trade Commissioner Service had a central booth that facilitated productive communications between Canadian businesses, Canadian trade commissioners and businesses and governments in various jurisdictions around the world. In our case, Canadian trade commissioners from various Latin American countries provided us with relevant contacts, knowledgeable background of the business environment and, in several cases, TCS staff personally introduced us to officials and moderated the discussions. We were able to establish contacts with a number of important decision makers, which will facilitate the pursuit of our business objectives in the region.”
– Barry McPeake, Director of Business Development, PGTS
Office of the Honourable Ed Fast
Minister of International Trade