HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Message: New China Mission Agreements Bring Investment and Partnerships to Ontario
News Release
New China Mission Agreements Bring Investment and Partnerships to Ontario
China Trade Mission Continues to Deliver Results
January 8, 2015 10:00 A.M.
Ministry of Citizenship, Immigration and International Trade
As a result of the Premier's first international trade mission to China, Ontario has secured an additional 11 science and technology partnerships and clean technology commercial agreements worth an estimated $358 million. These projects could create up to 80 new jobs in communities across Ontario.
This is in addition to the 1,800 Ontario jobs that will be generated by 11 investments worth $966 million, which were announced by Chinese companies during the Premier's mission to China.
The mission was an important part of Ontario's Going Global Trade Strategy, which helps businesses expand into priority markets.
Attracting new investments and helping the province's businesses compete globally is part of the government's economic plan for Ontario. The four-part plan is building Ontario up by investing in people's talents and skills, building new public infrastructure like roads and transit, creating a dynamic, supportive environment where business thrives and building a secure savings plan so everyone can afford to retire.
Quick Facts
- In 2013, Ontario goods exported to China were worth about $2.15 billion, an increase of almost 10 per cent from 2012.
- According to the Conference Board of Canada, every $100 million increase in exports creates approximately 1,000 new jobs.
- Ontario maintains two International Marketing Centres in China to promote investment, trade and innovation partnerships: the Shanghai office opened in 2002 and the Beijing office opened in 2007.
- In 2011, Ontario and China launched a joint fund to support research collaboration projects in strategic technology sectors. The Ontario-China Research and Innovation Fund supported research in clean-air technologies and medical devices in 2014.
- 45 per cent of Canada’s R&D spending happens in Ontario.
Background Information
Additional Resources
- Read about Ontario’s Going Global Trade Strategy.
- See what else Ontario is doing to support research and innovation.
Quotes
“The momentum of the China trade mission continues to deliver dividends for Ontario companies. The strength of our relationship with China and the resulting agreements signal a strong vote of confidence in what Ontario’s clean tech sector has to offer and will help create jobs and opportunity across our province.”
Minister of Citizenship, Immigration and International Trade
“Ontario is proud to lead international science and technology collaboration that results in business growth for Ontario. Working collaboratively enables us to showcase Ontario's talented workforce and innovative tech companies while opening up opportunities in emerging markets. York Region’s Cenith Air Inc. demonstrates that strengthening our ties with China in key areas such as clean tech is generating jobs for Ontarians and growing Ontario’s clean tech sector.”
Minister of Research and Innovation
“Our company’s increased international presence in a key global market like China and the successful promotion of our state-of-the-art products was a direct result of the Premier-led trade mission and the support provided by Ontario’s Going Global Trade Strategy.”
Sam Qin
Cenith Air Inc. / Future Solar Developments Inc.
New Message
Please
login
to post a reply