VANCOUVER, B.C. – APRIL 27, 2016 – The Asia Pacific Foundation of Canada (APF Canada) today announced the release of The Asia Factor in Atlantic Canada, the first comprehensive study of the current impact and future opportunities that Asia presents to the Atlantic Canadian economy.
By 2030, Asia will account for 53 per cent of the world’s population, 50 per cent of the world’s GDP, 64 per cent of the global middle class, and over 40 per cent of global middle-class consumption. The Asia Factor in Atlantic Canada project was established to assist Atlantic Canada in better responding to Asia’s rising global economic importance by providing critical information on the opportunities and challenges for Atlantic Canadian business and trade with Asia.
The two-year project includes the following studies and reports:
- Project Summary Report
- Opportunities and Challenges in the Ocean Technology Sector
- Opportunities and Challenges in the Value-Added Food Sector
- Opportunities and Challenges in the Clean Technology Sector
- Atlantic Canada-Asia Success Story: Muwin Estate
- Atlantic Canada-Asia Success Story: Island Abbey Foods
- Business in Asia Consultation Report
- The Asia Factor in Atlantic Canada Booklet
The project represents the Atlantic side of The Asia Factor, a nationwide, multi-year project launched in September 2014 by APF Canada that examines the interaction of each province and territory with Asia. The Asia Factor provides comprehensive resources, information, and analysis on provincial-level Canada-Asia relations.
The project reports will be officially released April 28, 2016 in Halifax, Nova Scotia during The Asia Factor in Atlantic Canada Roundtable with Atlantic Canada business leaders and other stakeholders.
“Atlantic Canada has the entrepreneurial drive to benefit from the dramatic economic and political transformation underway in Asia,” said APF Canada President and CEO, Stewart Beck. “Many businesses in Atlantic Canada have seen success in Asia, but there is room to grow, both for investment in Atlantic Canada from Asia and for Atlantic Canadian businesses to expand their operations in Asia. We believe the outcomes of this project will help Atlantic Canadian businesses identify existing and new market opportunities in Asia.”
MEDIA ADVISORY: Members of the media are welcome to attend the opening session of The Asia Factor in Canada Roundtable from 8 a.m. to 9:40 a.m. in the Sackville Room, Delta Barrington Hotel, 1875 Barrington Street, Halifax on April 28, 2016 to learn more about Atlantic Canada’s engagement with Asia. Please call the contacts below to register.
About the Asia Pacific Foundation of Canada:
Established by an act of Parliament in 1984, the Asia Pacific Foundation of Canada (APF Canada) is a not-for-profit organization focused on Canada’s relations with Asia. Our mission is to be Canada’s catalyst for engagement with Asia and Asia’s bridge to Canada.
APF Canada supports the building of Asia-competency and promotes knowledge and understanding of developments in Asia. Its research and policy work focuses on trade, investment, innovation, energy, and the environment.
A leader in research and analysis on Canada-Asia relations for over 30 years, APF Canada partners with government, business leaders, academics, and opinion makers in Canada and across the Asia Pacific region to offer clear, specific, and actionable policy advice.
Visit APF Canada at www.asiapacific.ca
For more information or to arrange an interview please contact:
Asia Pacific Foundation of Canada
For more information on The Asia Factor in Atlantic Canada Roundtable please contact:
Asia Pacific Foundation of Canada