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CANADIAN COMPANIES OFFERED WINNING STRATEGIES TO SUCCEED INTERNATIONALLY

March 19, 1997 No. 55

CANADIAN COMPANIES OFFERED WINNING STRATEGIES TO SUCCEED INTERNATIONALLY

The Honourable Art Eggleton, Minister for International Trade, and the Honourable John Manley, Minister of Industry, today released Canada's International Business Strategy (CIBS) 1997-98. This annual initiative is a blueprint laying out how the federal and provincial governments and industry will work together to generate new international opportunities for Canadian business.

This year, the international business strategies span 27 key industry sectors and include an Aboriginal Products, Services and Technology strategy, and a new Construction, Architectural and Engineering Services strategy.

"CIBS is a central element of the federal government's commitment to a Team Canada partnership, focussed on developing winning strategies that allow Canadian businesses to access international markets," said Mr. Eggleton. "Helping Canadian companies to succeed in these markets will create jobs and growth back home."

The CIBS Compendium, an electronic on-line list of federally and provincially sponsored sectoral activities taking place in Canada and abroad, in which the business community can participate, will be available to Canadian companies again this year. The CIBS Compendium will be updated regularly.

"With 40 per cent of GDP and one in three jobs in Canada dependent upon exports, it's clear that trade is critical to the Canadian economy," said Mr. Manley. "The relatively small size of our market also indicates that Canadian businesses must export to grow and increase their competitiveness."

CIBS sector strategies are valuable tools for both government and the private sector. Through National Sector Teams, composed of federal, provincial and private sector representatives, governments are better able to co-ordinate their efforts and reduce overlap and duplication. At the same time, CIBS gives Canadian industry a real opportunity to influence government strategies and spending priorities.

The complete CIBS industry strategies are available only electronically through the Internet at http://www.dfait-maeci.gc.ca or http://www.infoexport.gc.ca or http://Strategis.ic.gc.ca/IBIN. FaxLink service is also available at (613) 944-4500. Diskette versions and a limited quantity of the abridged hard copy versions are also available upon request through the InfoCentre by telephone at 1-800-267-8376 or (613) 944-4000 and by fax at (613) 996-9709.

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For further information, media representatives may contact:

Media Relations Office

Department of Foreign Affairs and International Trade

(613) 995-1874

Terry Ford

International Business Branch

Industry Canada

(613) 954-8895

ford.terry@ic.gc.ca

This document is also available on the Department of Foreign Affairs and International Trade's Internet site: http://www.dfait-maeci.gc.ca


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Last Updated:
2005-04-15
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