DFAIT's FDI Strategy

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DFAITs role in FDI attraction, retention and
expansion
Brian Parrott Director Investors Services
Division 2009 EDAC/EDABC Joint
Conference September22, 2009
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Purpose
Objectives of the presentation

• Outline the key competitive pressures Canada is
  facing in competing for global foreign direct
  investment (FDI)
• Highlight DFAITs mandate and strategic approach
  to promoting and attracting FDI
• Discuss the key elements of DFAITs FDI strategy
• Provide the latest updates on Invest
  Canada-Community Initiatives (ICCI)

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Competitive context - Key pressure points
Canada competes against the US, the world's most
attractive FDI location
Current economic uncertainty increasing
investment risks
Emerging markets are capturing higher shares of
FDI
Competitors are rapidly improving their business
climate and increasing efforts to attract FDI
Economic slowdown puts downward pressure on new
FDI projects and expansions
FDI barriers in service industries impede
investment in Canada
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Promoting, attracting and retaining FDI - A key
component of DFAITs mandate
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Strategic approach - How DFAITs FDI strategy
has evolved
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Strategic approach - Objectives of DFAITs FDI
strategy
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Strategic approach - Proactive sectors and key
markets
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Strategic approach - Key elements of the FDI
program
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Strong partnerships Structure of the Invest in
Canada network
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• Update on
• Invest Canada Community Initiatives (ICCI)
• Component of the
• Global Commerce Support Program

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Global Commerce Support Program (GCSP)Invest
Canada Community Initiatives (ICCI)
Global Commerce Support Program
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ICCI Supporting Canadian communities in their
efforts to attract, retain and expand FDI in
Canada

• Inception 1998
• Eligible recipients municipalities, non-profit
  and public-private partnerships at the local
  community level.
• Partnerships encouraged
• Competitive process
• ICCI Support up to 50 of eligible expenses
  related to building and maintaining an
  organizations FDI readiness
• Priorities DFAIT proactive sectors and markets
• Program Budget 3 million/year
• Number projects funded for 2009 100 projects
• Results likely contributed to attracting FDI
  investment worth 840 million and creating more
  than 4,600 jobs between 2004-2007
• www.international.gc.ca/icci-icic 

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ICCI 3 Basic Principles
ICCI
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ICCI allocated 3M in 2009-10 for 100
Adjudicated Projects
NT NU 26,660
BC YT 395,600
NL 67,080
AB 395,600
MB 129,000
SK 129,000
QC 530,200
ON 1,025,000
PEI 26,660
NS 129,000
NB 146,200
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Eligible ICCI Projects

• Strategy Development Implementation
• Examples of Project Activities
• Strategy
• e.g. Creation of a targeted investment strategy
• Planning
• e.g. Development of business cases for targeted
  industries
• Implementation
• e.g. Translation of materials, web site
  development

• Capacity Building
• Examples of Project Activities
• Research
• e.g. SWOT analysis
• Economic Data
• e.g. Collect data and develop community
  investment profiles
• Investment Training
• e.g. EDAC and/or advanced CEDP courses

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Assessment Criteria

• Applications are evaluated based on the following
  assessment criteria
• Strategy (20 points)
• Project Components (20 points)
• Performance measures (20 points)
• Capacity (20 points)
• Work plan (10 points)
• Partnerships (10 points)

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ICCI Application Information Management
Online System How to apply
1. Register as Partner - Municipality with the
Virtual Trade Commissioner _at_ www.tradecommissioner
.gc.ca
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ICCI Application Information Management
Online System How to apply
2. Click on the Application for Funding button
in the ICCI tab
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ICCI Application Information Management
Online System How to apply
3. Click on the Manage your 2010-2011 button
to start your application
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ICCI Application Information Management Online
System How to apply
4. Fill out sections 1-9 in the main menu and
submit your application form
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Key Dates for 2010 ICCI Projects

• October 15, 2009
  
  Application submission deadline
• Mid-October to November 2009Adjudication period
  (times may vary by region)
• January 1, 2009Effective date of approved
  projects
• December 31, 2010Projects end date

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Contact Us
www.international.gc.ca/icci-icic
AlbertaTel 403-292-4509E-Mail
Barry.Schlinker_at_international.gc.ca British
Columbia/YukonTel 604-666-7633E-Mail
danielle.sabourin_at_international.gc.ca ManitobaTel
204-983-2594E-Mail Brent.Depape_at_international.
gc.ca New BrunswickTel 506-851-4965E-Mail
Barbara.Nadeau_at_international.gc.ca Newfoundland/La
bradorTel 709-772-5511E-Mail Karen.Barry_at_inter
national.gc.ca Northwest Territories/NunavutTel
780-495-4415E-Mail Tara.Scheurwater_at_internationa
l.gc.ca
Nova ScotiaTel 902-426-7249E-Mail
Valerie.Bachynsky_at_international.gc.ca OntarioTel
416-973-5054E-Mail Neil.A.Robinson_at_internationa
l.gc.ca Prince Edward IslandTel
902-626-2976E-Mail Heather.Connolly_at_internationa
l.gc.ca QuebecTel 514-283-6328E-Mail
Anderson.Blanc_at_international.gc.ca SaskatchewanTe
l  306-975-5318E-mail Kayla.Burechailo_at_internat
ional.gc.ca HeadquartersTel  613-944-3142
E-mail Maria.Lo_at_international.gc.ca