Premier David Alward of New Brunswick, Premier Kathy Dunderdale of Newfoundland and Labrador, Georgia Governor Nathan Deal, Premier Robert Ghiz of Prince Edward Island and Premier Darrell Dexter of Nova Scotia met with state and business leaders during Atlanta trade mission
Georgia’s largest foreign market is Canada, which purchased 18% of the state’s worldwide goods exports, more than the state’s next two largest foreign trading partners combined. Canadian-owned companies operating in Georgia total 147 and employ 14,229 people.
The oil sands in Alberta create income and jobs in Georgia. Several companies in the state have developed specializations providing services and manufactured products to the Canadian oil sands industry.
GIW Industries Inc., based in Grovetown, recognizes the oil sands as one of their “top 10” customers. The company manufactures centrifugal slurry pumps adapted to withstand the rigors of oils sands production. Its heavy duty slurry pumps are designed to reduce particle contamination and for improved wear life. This small Georgia firm with 400 local employees is a significant contributor in the successful processing of oil sands into oil.
The automotive sector remains an important component of the extensive trade between Georgia and Canada. In 2011, approximately $2.1 billion in transportation equipment was exchanged. A driving force of the strong trading relationship is Ontario-based Magna International. Magna is the world’s most diversified automotive supplier. Decostar, Magna’s Carrollton-based subsidiary, produces a wide range of automotive brands and employs more than 600 Georgia residents.
Consulate General of Canada
1175 Peachtree Street, N.E. • 100 Colony Square, Suite 1700 • Atlanta, GA 30361-6205
Phone: (404) 532-2000 • Fax: (404) 532-2050
Unless otherwise mentioned, all figures are based on 2011 data in U.S. dollars (US$1.00=C$0.9891). Statistics Canada: tourism, based on combined same-day and overnight travel (5/2012 release); goods & services trade (2/2012 release). World Institute for Strategic Economic Research (WISER): Canada’s export ranking (2/2012 release). U.S. Census Bureau: trade (2/2012 release). Services trade data not available at a sub-national level. Figures may not add up due to rounding. Produced by the Embassy of Canada in Washington, D.C.
Georgia sells more goods to Canada than to the state’s next two largest foreign markets combined
* Job numbers from trade (2010 data) and Canadian-owned businesses (2009 data) are from a 2012 study commissioned by the Government of Canada