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International Trade committee Most of our advertisement happens digitally, so we have the ability to continue efforts. Whether it be through the pandemic or coming out of the pandemic, our promotional efforts continue. We still see a high level of interest, if not an increased level of interest over the past
May 30th, 2022Committee meeting
Katie Curran
International Trade committee Our budget of about $33 million has stayed consistent to what it was last year. We have allocated approximately 78% to achieving our core responsibility in the three areas of focus: promotional mandate, working with investors and providing services to partners to help them increa
May 30th, 2022Committee meeting
Katie Curran
International Trade committee As part of our promotional campaigns we do surveys before viewers see the campaigns or the advertisements, to gauge their interest in investing in Canada originally. Then they see the campaigns. They interact with the campaigns, and then their interest is gauged again to see if t
May 30th, 2022Committee meeting
Katie Curran
International Trade committee This is outside of the scope of Invest in Canada, as we're focused on promoting and providing services to companies. We don't have a regulatory or policy framework at Invest in Canada.
May 30th, 2022Committee meeting
Katie Curran
International Trade committee I can definitely provide further details in writing about our pipeline. We're very excited. There's a lot of interest in Quebec, and we work very closely with our partners at the provincial level, who have an excellent investment promotion team and are really focused on driving i
May 30th, 2022Committee meeting
Katie Curran
International Trade committee We work closely with our colleagues at Global Affairs, like Ms. Wilshaw and her team, to help with answering those questions, when they arise from investors. We make sure they have all the information and they know Canada is well positioned to deal with some of those issues. Rig
May 30th, 2022Committee meeting
Katie Curran
International Trade committee Earlier this year it obviously was a concern for some investors; however, it wasn't a long-standing concern and it was something they felt was not a major impediment to their investments. We were able to work with our partners across all levels of government to help ease some of
May 30th, 2022Committee meeting
Katie Curran
International Trade committee I will refer that question to my colleagues at Global Affairs, as that's not an area we deal with.
May 30th, 2022Committee meeting
Katie Curran
International Trade committee I'm sorry. Could you clarify that question with regard to what you're looking for?
May 30th, 2022Committee meeting
Katie Curran
International Trade committee No. I'm not aware of any such evaluation.
May 30th, 2022Committee meeting
Katie Curran
International Trade committee We're focused on three results at Invest in Canada. The first result is the promotion result, which you're referring to, and that is part of campaigns that we run both in terms of content and advertising campaigns, as well as attending signature events. We also work with our net
May 30th, 2022Committee meeting
Katie Curran
International Trade committee The companies we work with are typically companies that are looking to invest in greenfield or brownfield expansions, so they're not necessarily running through another country on a financial transaction. We work with companies that are looking to set up either a manufacturing si
May 30th, 2022Committee meeting
Katie Curran
International Trade committee Yes, I believe we have an adequate allocation in our budget for what we are trying to achieve. We've seen substantial results over the past year on what Invest in Canada has been able to accomplish, including the promotional campaigns, working directly with investors and facilita
May 30th, 2022Committee meeting
Katie Curran
International Trade committee Obviously, the United States is a key player in foreign investment to Canada. It represents about 50% of all investments that come into Canada. We do have a portion of our resources, both from a promotional perspective as well as servicing clients, supporting investors from the U
May 30th, 2022Committee meeting
Katie Curran
International Trade committee I can do that. With the exception of the year of the pandemic, when there was a decline, we have seen growth in foreign direct investment into Canada. Just today, we saw the numbers come out from Statistics Canada on Q1 of 2022. We saw that there was 25% more than Q4 in 2021 and
May 30th, 2022Committee meeting
Katie Curran