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Ontario Food Cluster
• The Ontario Food Cluster is among the three largest food and beverage processing jurisdictions in North America – and is the largest in Canada
• Ontario has a global reputation for food quality, processing methods, and safety standards
• The Ontario Food Cluster offers rapid access to trade and investment opportunities throughout the province’s agri-food and beverage sector
• We guide business to the Ontario regions that provide the best opportunities for agri-food success
• Our job is to make your job easier
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Welcome to the Ontario Food Cluster
The Ontario Food Cluster
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Welcome to the Ontario Food Cluster
• Eleven regional, city and community members
• Three provincial and federal government partners
• Countless benefits to locating a business in Ontario
• www.ontariofoodcluster.com
A compelling opportunity for the global agri-food sector
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Welcome to the Ontario Food Cluster
•Due to the North American Free Trade Agreement (NAFTA), Ontario enjoys access to over 460 million consumers and a combined GDP of $18.7 trillion across Canada, Mexico and the U.S.
•When CETA comes into force in 2016, almost 94 percent of EU agricultural tariff lines will be duty-free
•Manufacturing revenues from the Ontario agri-food industry currently total $36.9 billion from 3,200 companies
Our people story – Ontario’s #1 employer is the agriculture and agri-sector
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Welcome to the Ontario Food Cluster
• 110,000 people in Ontario work directly in agri-food processing, and the agriculture, agri-food and beverage sector is one of Ontario’s top employers with 740,000 jobs
• Researchers and innovators are at work in 55 university and college programs from 25 institutions concentrating on agriculture, food science, nutritional science and culinary arts
• Canada’s R&D tax incentive program is one of the most generous in the world
Ontario is the largest provincial economyin Canada – an aggressive trading nation
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Welcome to the Ontario Food Cluster
• More than $1.9 billion worth of goods cross the Canada‑US border every day
• Ontario has an export-oriented business culture: agri-food exports total $11.86 billion
• Canada’s business operating costs are second lowest in the G-7 and five percent lower than those in the U.S., according to KPMG
Ontario’s top agri-food exports
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Welcome to the Ontario Food Cluster
Top agri-food exports, Ontario 2014 ($ millions)
Baked goods (bread, pastry etc.) 957.0Soya beans 861.4Food preparations 382.7Sweet biscuits 350.0Sugar confectionary without cocoa 326.1Pork cuts, fresh / chilled 320.9Waffles and wafers 305.0Mixes and doughs 292.7
Ontario is Canada’s “business province” and has a strong entrepreneurial culture
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Welcome to the Ontario Food Cluster
• It takes only one procedure and five days to register a company
• The combined federal-provincial statutory general corporate income tax rate is an average of 26 percent, well below comparable rates in most other G-7 countries and more than 13 percentage points below the United States
• A 2013 KPMG study indicates that Canada’s corporate
income-tax rate has decreased more rapidly than that of any other country
Canada has stellar economicfundamentals and is a G7 leader
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Welcome to the Ontario Food Cluster
• World’s soundest banking system six years in a row
• One of a handful of nations with Triple-A credit rating
• Tax credits can reduce after tax cost of $100 in R&D spending to less than $41
• Among the lowest tax rates on new business investment in G7
Soundness of banks ranking by World Economic Forum
Zero-tariff approach to food processing and manufacturing inputs attracts FDI
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Welcome to the Ontario Food Cluster
• Tariff-free-zone for all manufacturing inputs, machinery and equipment
• 50% per year straight-line depreciation for food manufacturing and processing equipment
• Adds up to rapid profitability on new Canadian operations and steady increases in FDI
Inward FDI into Canadian food processing industry from Statistics Canada
Ontario’s agri-food sector strategic R&D and tax incentive programs
• Agriculture and Agri-Food Canada’s Growing Forward 2 program enhances the competitiveness of agri-food sectors. A federal-provincial-territorial initiative, it is a $3 billion initiative provided between 2013 to 2018
• Investing in Business Innovation is a FedDev Ontario initiative that boosts private sector investment in start-up businesses to accelerate the development of new products, processes and practices and brings them to market.
• See more government incentive programs at www.ontariofoodcluster.com/incentives
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Welcome to the Ontario Food Cluster
Consider Ontario’s agri-food R&D advantages
• Lowest costs in G7 for R&D intensive sectors, with up to a 10.7% advantage over the U.S.
• 55 agri-food-specific university and college programs
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Welcome to the Ontario Food Cluster
Commitment to labour force & research expertisefrom Common University DataOntario
Dedicated agri-food research and labour development institutes and networks
• University of Guelph
• University of Toronto
• McMaster University (Hamilton)
• Ryerson University
• University of Waterloo
• Conestoga College, Institute of
Food Processing Technology
• Western University (London)
• Laurier University (Brantford)
• Soy 20/20
Welcome to the Ontario Food Cluster
The Ontario Food Cluster fosters a collaborative, innovation approach throughout the agri-food sector
• Food Institute
• Centre for Nutritional Modeling
• Canadian Research Institute for Food Safety
• Programs in Food Safety, Nutrition and
Regulatory Affairs
• NSF International-Guelph Food Technology
Centre
• Greenhouse and Processing Crops
Research Centre (Essex County)
• Many more
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Ontario offers excellent location and attitude for doing global business
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Welcome to the Ontario Food Cluster
• Ontario Food Cluster communities are within a two hour or less drive of the U.S. border
• Recent multi-billion dollar investments in port, rail, road and air transport offer supply chain efficiencies
• One in five Canadians has a mother tongue other than English or French
• Asian and European languages spoken extensively
• Canada leads the G7 for the administration of justice and for offering equal opportunities to individuals
Ontario residents share in Canada’s excellent quality of life
• Among highest number of entrepreneurs in working population
• Clean air, water and land
• Cultural diversity within a tolerant society
• Many recreation options
• Publicly-funded healthcare
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Welcome to the Ontario Food Cluster
Number of entrepreneurs as percentage of working population from OECD
Fast-track immigration process
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Welcome to the Ontario Food Cluster
• Responsive to agri-food business expansion
• Uncapped number of work permits available to foreign workers
• Fast, straightforward process for intra-company transfers
• Special programs to help recruit R&D talent
Are you hungry yet? The Ontario Food Cluster welcomes you!
Join 3,200 globally recognized agri-food companies including:
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Welcome to the Ontario Food Cluster
• General Mills Canada
• H.J. Heinz Company of Canada Ltd.
• Royal Canin Canada
• Dr. Oetker Canada
• Kraft Canada Inc.
• George Weston Ltd.
• Maple Leaf Foods
• Kellogg Canada
• Cargill Canada
• Purdy Fisheries
• Saputo Inc.
• Unilever
• Dare Foods
• McCain Foods
• Parmalat Canada
• Horizon Milling G.P.
• Wing’s Food Products
• Grissin Bon
• Ferrero Canada Ltd. / Ltée
• ConAgra Foods Inc.
• Vincor Canada
• Solis Mexican Foods Inc.
• Clovermead Bees and Honey
Get to know us at: www.ontariofoodcluster.com
• Greater Toronto Marketing Alliance
• City of Hamilton
• City of London
• Windsor-Essex
• City of Guelph
• City of Brantford
• Sarnia-Lambton
• County of Elgin
• County of Middlesex
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Welcome to the Ontario Food Cluster
• Southwestern Ontario Marketing Alliance (SOMA)
• Ontario East Economic Development
• Ontario Ministry of Agriculture, Food and Rural Affairs
• Dept of Foreign Affairs Trade and Development
• Agriculture and Agri-Food Canada