What is SourceCAN?

SourceCAN is a free electronic doorway to the global e-marketplace that matches Canadian products and services with thousands of business opportunities posted by domestic and foreign corporations and governments. Through an international tender feeding system, small and medium sized Canadian companies can source bids, post opportunities and pursue strategic partnerships, all within a secure online trading environment.

Helping Canada become a worldleader in e-commerce, SourceCAN offers foreign firms a comprehensive and up-to-date Canadian capabilities database, as well a Global Partnering feature, facilitating the pursuit of strategic partnerships with Canadian companies. SourceCAN has become an instrumental tool in providing support for the global engagement of Canadian business.

Launched in June 2001, SourceCAN is a collaborative partnership arrangement involving: Industry Canada, the Canadian Commercial Corporation, Team Canada Inc. and Business Canada. SourceCAN has received extensive support from industry sectors, other Government departments, the provinces and private sector organizations. Together with its vast network of alliances and partnerships, the federal government and SourceCAN are working to provide all Canadians with an open and fair marketplace, while maintaining low cost and equal accessibility.

Key Elements of SourceCAN

• Comprehensive and up-to-date Canadian business capabilities database
• International tender/bid matching system
• Multiple international and domestic business opportunity feeds
• Global and Domestic Partner Matching service
• Business news, resources, information and helpful links
• A Virtual Tradeshow (VTS) marketing tool
• A Missions and Events Database

SourceCAN Advantage

• Creation of an open global trading community, which will enable all suppliers, particularly SME's, to interact electronically with any buyer, irrespective of where they are physically located.
• Substantial reduction of the administrative costs of purchasing tenders.
• Reduced private sector costs in dealing with Government.
• More effective use of the Internet for sourcing supplies.
• Establishment of a connected international trading community.
• Promotion of Canadian e-commerce and making Canadian local businesses more competitive in the global marketplace.