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Succeed Globally CERBA Presentation PDAC 2011 Odette Corbu, Trade Commissioner DFAIT - Ontario Regional Office Foreign Affairs and International Trade Canada (DFAIT) Represents Canada around the world through – embassies, consulates and trade offices, – participation in multilateral institutions – international treaties and arrangements Tools: Trade Commissioner Service (TCS) Network Canada has diplomatic and consular offices in over 270 locations in 180 countries … the TCS is uniquely positioned to build international S&T networks for the benefit of Canadian Trade Commissioner Service (TCS) • TCS is Canada’s key asset connecting Canadian businesses with international opportunities • TCS is a professional organization providing 4 key services: • Market Potential Assessment • Preparing for International Markets • Problem Solving • Qualified Contacts DFAIT and the Mining Industry • FDI – new investment and marketing initiatives targeting national and international investors • CDIA – retention/expansion of Canadian investments in higher risks markets in Africa, Latin America, Russia, Australasia, etc • CSR – initiatives which enhance the capacity of developing countries to manage the development of extractive industries to benefit from their resources to reduce poverty • IBD – access to Global Value Chains for Canadian Mining Equipment, Services, Technologies and Education DFAIT and Private/Public Sectors Partners • • • • • • • • • DFAIT delivers its services in the mining sector in partnership with key partners such as: NRCan EDC BDC PDAC CAMESE CIM MAC Other Associations and Service Providers Provincial and Municipal Governments Global Exploration Budgets in 2009 Total Budgets = $ 13.B • • • • • • • • • • • • • • Canada United states Australia Pacific & S-E Asia China Russia Africa Mexico Argentina Brazil Chile Peru Other LA & Caribbean Rest of the World Source: NRCan 20.6% 7.3% 14.4% 5% 2.5% 4.3% 14.9% 5.8% 1.8% 2.9% 3.8% 5% 9.7% 2.0% Canadian Mining and Mineral Processing Industries Abroad • • • • • • • United States: 49 operations South, Central America & Caribbean: 91 operations Europe & Russia: 18 operations Asia (excluding China): 22 operations China: 10 operations Africa: 49 operations Australia: 24 operations Source: NRCan Mining in Ontario • Ontario continues to be Canada’s leading jurisdiction for the production of non-fuel minerals, and a major player in the world • It is the largest industry in Ontario to contribute both to the provincial tax base and international balance of trade • The province’s mineral production in 2008 was valued at $9.6 billion, with its 27 metal mines generating $6.6 billion for the economy • Ontario led the country in exploration expenditures in 2008 with $667 million • Ontario has the largest number of Canadian mining equipment, services, technologies and education providers Contact us today The Canadian Trade Commissioner Service Everywhere you do business Odette Corbu [email protected] tradecommissioner.gc.ca TCS General Enquiries: 1-888-306-9991