EU CANADA DAY

29th May 2012 Milano

Canada Starts Here*

The BC Jobs Plan
1. 2. 3. 4. Establish a Major Investments Office Establish a BC Jobs and Investment Board Establish an Aboriginal Business and Investment Council Advance and conclude agreements with First Nations to provide certainty for investors and more opportunities for Aboriginal communities and families. 5. Follow through with smart de-regulation 6. Enhance business access and productivity 7. Support business start-ups 8. Enhance the regulatory framework for forests, lands and natural resources 9. Develop the potential of Liquefied Natural Gas 10. Attract and retain more international students 11. Create partnerships to ensure training spaces are matched with regional employment needs.

* http://www.bcjobsplan.ca/wp-content/uploads/2011/09/CSH_BCJobsPlan_web.pdf Canada Starts Here commits the B.C. government to doing what it takes to protect and defend jobs, and to promote B.C. as a safe harbour for new investment. Focus on the three pillars enabling job creation, opening markets and getting goods to market.

Canada Starts Here

Targets on the Path to Success
Fiscal and Economic
Top 2 GDP growth in Canada by 2015 Top 2 in new job growth in Canada by 2015

International Education
Increase the number of international students in British Columbia by 50 percent over the next four years Strict new quality assurance system in place by 2012

Energy and Mines

By 2015, in concert with the private sector, B.C. will see: Eight new mines in operation Nine upgrades and expansions to currently operating mines At least one LNG pipeline and terminal in operation in Kitimat by 2015 and three in operation by 2020 Mining permit (Notices of Work) backlog reduced by 80 percent by August 31, 2012 Water and Land Act permit backlog reduction of 50 percent by December 31, 2012

Canada Starts Here

Targets on the Path to Success
Transportation Deltaport and Ridley Island terminal upgrades completed and operational by 2014 Border Technology and Information systems in place by March 31, 2012
Aviation YVR to attract one new international carrier per year for the next two years to further develop trade and tourism between B.C. and the Asia Pacific Aboriginal Relations 10 new non-treaty agreements in place with B.C. First Nations by 2015 to improve economic certainty

Tax and Regulation Small Business Venture Capital Program tax credit enhanced by 2012 Extension of the Apprentice Training Tax Credit program for an additional three years Business tax competitiveness review to inform Budget 2012 Commitment to net zero regulatory gain through 2015 Regulatory Reporting Act enacted in 2012

Energy Powering the Future

BC is Canadas #1 coal producer, #3 natural gas producer and #3 hydro electricity generator A world leader in alternative energy and power technologies hydrogen fuel cells, clean-diesel systems, advanced power cells 92% of all electricity power comes from renewable resources, namely hydro Opportunities: Clean energy: BCs Energy Plan aims for 50% of new supply to be Green Energy Conventional and offshore oil/natural gas Coal and coal-bed gas

Life Sciences Discovery & Innovation Hub

60+ biotech firms founded in BC during past 10 years 3rd largest number of any North American location Industry focus is development of pharmaceuticals, therapeutics and genomics products for health care University of BC is a key life science research hub and business incubator Local companies/research institutions are partnered with top biopharmas GlaxoSmithKline, Roche, Merck, Bayer, Aventis, etc. BC offers 20-40% cost saving over US in biotech R&D/bio-products manufacturing. R&D incentives ($28 per $100 of research costs) a key advantage

Hollywood North Vancouver Film and Television

British Columbia is the third-largest motion picture production centre in North America 1.5 bn Dollars of film produced in BC p.a. Well-developed infrastructure 50 shooting stages, water tank, one of North Americas largest special effects studios, over 30 postproduction facilities, and two film labs Direct broadband link to Los Angeles BC offers 20% cost saving over US. Financial Centre key advantage for international rights distribution Shorter time to market

Information Technology Pioneering Digital Innovation/New Media/ Games

BC is a pioneer/innovator in satellite microwave telecom networking, software, new media (electronic games/convergence film industry) IT annually employs 65,000 people (16% growth over last 5 years) Growing presence of international IT firms - Alcatel, Business Objects, Electronic Arts, Nokia, Oracle, Radical Entertainment, Pixar, Disney Interactive and Microsoft Opportunity drivers: deep talent pool 20-40% cost saving over US world-class infrastructure and attractive R&D incentives

Resort Tourism World Class Destinations

Spectacular/diverse natural environment creates unrivalled variety of tourist experiences and opportunities Over 23 million visitors hosted in 2010, generating $ 10.1 bn in revenues (70% from non-residents) BCs 40+ major resorts (including Whistler-Blackcomb) employ 26,000 people & generate 20% of tourism revenues Some spectacular new resorts in development West Coast hub for the cruise ship industry (Alaska cruises)

Wood Products Building on Strength

Wood products manufacturing - BCs #1 export industry ($10 Bn plus annually) Market diversification opportunities in China, Taiwan, Korea, India and Europe Product diversification opportunities: engineered wood products, building components and pre-fab housing

British Columbia, the place to work, to play and to do business..

Thank you for your attention!

British Columbias Key Industry Sectors

Web Links to Asset Maps and other Documents:
Energy and Renewable Energy
BC Energy Plan: www.energyplan.gov.bc.ca/ BC Bioenergy Strategy: www.energyplan.gov.bc.ca/bioenergy/PDF/BioEnergy_Plan_005_0130_web0000.pdf BC Carbon Tax: www.fin.gov.bc.ca/scp/tp/climate/carbon_tax.htm BC Climate Action Plan: www.livesmartbc.ca/plan/index.html Advanced Energy: http://trade.britishcolumbia.ca/Sectors/Documents/AssetMap_AdvancedEnergy.pdf

Infrastructure
Pacific Gateway Strategy: www.canadaspacificgateway.ca/ BC Ports Strategy: www.gov.bc.ca/ecdev/down/bc_ports_strategy_sbed_mar_18_05.pdf Provincial Transit Plan: www.th.gov.bc.ca/Transit_Plan/index.html Gateway Programme: www.gatewayprogram.bc.ca/

British Columbias Key Industry Sectors

Industry Sector Profiles/ Asset Maps
Information and Communications Technology:
Software: https://trade.britishcolumbia.ca/Sectors/Documents/AssetMap_Software.pdf Communications & Wireless: http://trade.britishcolumbia.ca/Sectors/Documents/AssetMap_CommWireless.pdf Security & Imaging: https://trade.britishcolumbia.ca/Sectors/Documents/AssetMap_SecurityImaging.pdf Systems: https://trade.britishcolumbia.ca/Sectors/Documents/AssetMap_Systems.pdf Digital Media: http://trade.britishcolumbia.ca/Sectors/Documents/AssetMap_NewMedia.pdf

Life Sciences:
Infectious Diseases: http://trade.britishcolumbia.ca/Sectors/Documents/AssetMap_InfectDisease.pdf Marine Biosciences: http://trade.britishcolumbia.ca/Sectors/Documents/AssetMap_MarineBioSciences.pdf Neuroscience: http://trade.britishcolumbia.ca/Sectors/Documents/AssetMap_Neuroscience.pdf Oncology: http://trade.britishcolumbia.ca/Sectors/Documents/AssetMap_Oncology.pdf Regenerative Medicine: http://trade.britishcolumbia.ca/Sectors/Documents/AssetMap_RegenMed.pdf

Other Leading Sectors

Nanotechnology: http://trade.britishcolumbia.ca/Invest/Documents/AssetMaps/AssetMap_Nanotechnology.pdf International Financial Services: http://trade.britishcolumbia.ca/Sectors/Documents/AssetMap_IFI.pdf International Financial Centre: www.ifcbc.com Sustainable Technology: http://trade.britishcolumbia.ca/Invest/Documents/AssetMaps/SectorProfile_SusTech.pdf New Media: http://trade.britishcolumbia.ca/Sectors/Documents/AssetMap_NewMedia.pdf

European Contacts
Rolf Fyne Director, Business Development Europe International Trade and Investment Representative Office Government of British Columbia, Canada The Middle House High Street Streatley, Berkshire, RG8 9HY, UK Tel: +44 (0) 1491 874013 Cell: +44 (0) 7900 673 906 E-mail: rfyne@britishcolumbia.ca Rainer M. Giersch Director Business Development Europe International Trade and Investment Representative Office Government of British Columbia, Canada Nikischstrae 1 D-22761 Hamburg, Germany Tel: +49 - 40 - 23 2288 Fax: +49 - 40 - 23 2277 Cell: +49 - 172 - 45 00 376 E-mail: rgiersch@britishcolumbia.ca Web: http://trade.britishcolumbia.ca