Manitoba

Strength in Diversity

Strategically located at the geographic centre of both Canada and North America, Manitoba boasts one of the most diverse economies to be found. With its rich natural resources, vast hydro-electric capacity, fertile land for farming, mature manufacturing base, and enterprising and highly educated people, Manitoba has something for every investor seeking steady economic growth. It’s easy to see why discriminating investors in search of excellent investment opportunities and an exceptional quality of life make Manitoba home.

Business Environment

  • Expected to post one of the best economic performances in Canada in 2009 and independent forecasters predict the province’s economy will outperform Canada’s for the fourth consecutive year
  • Economic growth of 2.2% in 2008- more than four times the national increase
  • One of Canada’s most diversified economies, helping to make it the most stable economic performer in the country
  • Competitive tax rates and R&D tax credits, low land costs and the most affordable housing in Canada
  • Home to an extensive and rapidly-growing network of research facilities in agri-foods, biotechnology, engineering and communications
  • Only province in Canada to enjoy 17 consecutive years of private capital investment growth—increasing by 42% over the last three years (double the national increase)

Workforce

  • 5 universities, 3 colleges and a variety of vocational and technical schools that produce a highly educated and skilled workforce—57% of Manitobans have some post-secondary education, including 48% with a university degree, college diploma or trade certificate
  • Low employee turnover rate gives businesses a tremendous edge over competition

Other Key Advantages

  • Lowest electricity costs in North America as well as the second lowest gasoline and diesel fuel tax rates in Canada
  • Key part of the Mid Continent Trade Corridor connecting to a 100 million+ market
  • Sophisticated transportation infrastructure (air, road and rail) enables cost effective speedy delivery of products to domestic and international markets
  • One of the world’s most advanced fibre optic networking and digital switching platforms

Sector Strengths

  • Aerospace
  • Agribusiness: Food Processing and Manufacturing
  • Biotechnology and Life Sciences
  • Contact Centres
  • Energy
  • Financial Services
  • Information and Communications Technology
  • Mining, Minerals and Petroleum
  • Transportation Equipment Manufacturing
  • Wood Processing