Governor Ducey heads to Canada today, leading a four-day Arizona economic development mission to Toronto and Montréal to meet with government officials and business leaders to highlight Arizona’s attractive business climate and lifestyle.
The Arizona-Canada relationship is crucial to Arizona’s economy – Canada is our second-largest export market and one of our largest trading partners.
- Arizona has a $5 billion bilateral footprint with Canada.
- Arizona’s annual trade with Canada totals more than $3.8 billion.
- 350 Canadian businesses are currently operating in Arizona including BMO, Bombardier Aerospace, and Silent-Aire.
- 1 in 20 Arizona jobs are the direct result of trade and investment with Canada
And it’s not just the Arizona-Canada business relationship that’s thriving, more than a million Canadians visit Arizona every year for our great climate and quality of life.
- There are 125+ direct flights per week between Phoenix and Canada
- 75% of all international travelers going through Phoenix Sky Harbor are Canadians
- 94% of all international housing in Maricopa County is owned by Canadians.
- 83% of all international commercial real estate in Maricopa County is owned by Canadians.
It’s clear that a strong relationship between Arizona and Canada is beneficial for both economies. Governor Ducey is committed to fostering this relationship by continuing to collaborate and work with Canadian business leaders and elected officials to ensure our economies remain vibrant and strong.
SOURCE: Arizona Commerce Authority