PS O’Toole and PS Dechert Announce Funding to the Canadian Association of Mining Equipment & Services for Export to help the Mining Sector’s Success in Markets Abroad
Wednesday July 16, 2014 – Mississauga, Ontario
Erin O’Toole, Parliamentary Secretary to the Minister of International Trade, and Bob Dechert, Parliamentary Secretary to the Minister of Justice and Attorney General of Canada, today announced that the Canadian Association of Mining Equipment & Services for Export will receive up to $101,034 to help the Canadian mining sector achieve success in markets abroad.
The contribution is from the Government of Canada’s Global Opportunities for Associations (GOA) program. In all, GOA is contributing up to $3 million this year to 38 industry associations across Canada to create new opportunities for Canadian companies in markets around the world.
The 38 associations will undertake 112 separate projects in support of Canada’s engagement in global trade. The vast majority, 95 percent, are aimed at countries designated as priorities for Canada under the Global Markets Action Plan (GMAP) and 90 percent are in GMAP priority sectors.
GOA delivers assistance across a wide range of sectors of the Canadian economy, including education, financial services, aerospace, infrastructure, and information and communications technologies. GOA provides matching funding of up to 50 percent of eligible expenses to support national associations for the benefit of an entire industry. The maximum annual GOA contribution is $150,000.
- Canada’s GMAP is the most ambitious pro-trade and pro-investment plan in Canada’s history. The plan focuses on Canada’s core strengths in priority markets through bold trade policy and vigorous trade promotion, and it sets concrete targets to grow the presence of Canada’s small and medium-sized enterprises in emerging markets.
“Many small and medium-sized enterprises rely on their associations to represent them abroad. Contributions from Global Opportunities for Associations help those smaller companies make important contacts and meet new clients around the world, allowing them to grow their businesses and create jobs and opportunities back home.”
– Ed Fast, Minister of International Trade
“I am pleased that the Global Opportunities for Associations fund will help the mining industry connect with international opportunities. When Canadian companies succeed in foreign markets, it creates jobs and opportunities here in Mississauga and throughout the country.”
-Bob Dechert, Parliamentary Secretary to the Minister of Justice and Attorney General of Canada