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CANADA'S INTERNATIONAL BUSINESS STRATEGY 1996/97OFFERS COMPANIES WINNING STRATEGIES TO GO GLOBAL

February 29, 1996 No. 27

CANADA'S INTERNATIONAL BUSINESS STRATEGY 1996/97

OFFERS COMPANIES WINNING STRATEGIES TO GO GLOBAL

The Honourable Art Eggleton, Minister for International Trade, and the Honourable John Manley, Industry Minister, on behalf of their Team Canada colleagues, today released Canada's International Business Strategy (CIBS) 1996-97. This annual initiative, a blueprint laying out how the federal and provincial governments and industry will work together to generate new international opportunities for Canadian business, is central to the Government's commitment to stimulate growth and create jobs. It includes international business strategies spanning 22 key industry sectors.

For the first time CIBS is available on-line via the Internet and governmental bulletin boards. Another new feature in this year's edition of Canada's International Business Strategy is 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. The CIBS Compendium will be updated regularly.

"Canada's International Business Strategy reflects a more strategic approach to this country's international business development priorities than we have seen in the past," said Mr. Eggleton. "Furthermore, this initiative is evolving into a business plan for Team Canada against which all federal departments will allocate resources."

CIBS sector strategies are valuable tools for both government and the private sector. Through the CIBS consultation process, federal and provincial governments are better able to co-ordinate their efforts and reduce overlap and duplication. At the same time, by encouraging close co-operation between governments and the private sector, CIBS gives Canadian industry a real opportunity to influence government strategies and spending priorities.

"Helping Canadian business capture global trade, technology and investment opportunities is key to our future growth," Mr. Manley said today in a speech to the Empire Club of Canada. "In an age when your competition is not just across the street but across the world, Canadian entrepreneurs must be prepared to expand their horizons."

CIBS is available through the Internet at http://www.dfait-maeci.gc.ca or FaxLink at (613) 944-4500. Diskette versions, and a limited quantity of hard copies, 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

or

Media Relations Office

Industry Canada

(613) 943-2502


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2005-04-15
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