Arizona and Canada have a long and fascinating history and a dynamic contemporary relationship. Early on, Canadian visitors discovered winters in the Sonoran Desert. Arizona’s agricultural bounty has made its way north, while Canadian lumber has fueled decades of Arizona’s construction industry. I am now seeing the fast-paced and unprecedented North American trilateral integration of Canada, the United States, and Mexico. Canadian companies are using Arizona as their launch pad into Mexico. Record numbers of Canadian companies with California operations are now relocating to Arizona seeking lower taxes and a reasoned regulatory environment. Canadians continue to pour FDI into Arizona and Canada leads all other countries in investment in our State.
Arizona’s growth has propelled it to become one of the fastest growing states in the U.S. Canada plays a massive role in that growth. As I’ve already mentioned, Canada is the largest foreign direct investor in the State of Arizona. Bilateral trade and services between Canada and Arizona in 2018 evolved into $4.5 billion annually, excluding tourism and foreign direct investment. A vibrant new trade paradigm has emerged. Eclipsing the traditional markets of tourism and agriculture, it now encompasses Aerospace, Mining, Finance, and Automotive industries, as well as advanced research and development. The total Canada/Arizona bilateral footprint in 2018 was more than $10 billion and growing, with more than a million Canadians visiting Arizona in 2018, spending more than a billion dollars a year, plus Canadian snowbirds adding another $1.5 billion, totaling $2.5 billion in Canadian Tourism into Arizona each year. Over 200 nonstop direct flights a week connect Canada and Arizona. Beginning November 2019, the Air Canada flights between Montreal and Phoenix will increase to six flights per week, a 25% capacity increase on that vital and previously underserved route.
The Canada Arizona Business Council was formed to promote and increase bilateral Foreign Direct Investment, Trade, and Tourism between Canada and Arizona. The CABC brings together senior players in every industry on both sides of the border. Our networking capability and reach assures “one degree of separation” from the decision makers; CEO’s, Presidents, founder/entrepreneurs, professionals; in every sector.
Simply stated, the CABC facilitates business marriages at the most senior level.
I heartily invite you to browse our site and learn more about our private sector group. If you have business on either side of the border that you want to start, grow, or refine, consider aligning with our powerhouse council.
I look forward to talking business with you,
R. Glenn Williamson
Founder and CEO