Minister Ng announces new measures to help Canadian small businesses access global markets amid COVID-19
November 3, 2020 - Ottawa, Ontario - Global Affairs Canada
Helping Canada’s small businesses go global is key to driving economic recovery.
Today, the Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, announced new actions to help Canadian businesses grow while navigating the challenges of the COVID-19 pandemic in the global marketplace.
The Government of Canada launched the CanExport SMEs program—delivered through the Trade Commissioner Service—in 2016. As an investment totalling $190 million, this program has helped thousands of small business owners and entrepreneurs break into new international markets with funding of up to $75,000 to cover travel costs and other expenses.
With international travel restricted due to COVID-19, the CanExport SMEs program is pivoting to now help small businesses:
develop and expand their e-commerce presence by covering partial costs associated with online sales platforms and digital strategy consulting, as well as advertising and search engine optimization
attend virtual trade shows and other business-to-business events
navigate new COVID-19-related trade barriers by helping pay for new international market certifications and requirements
Canada is working to build a sustainable and resilient recovery that benefits everyone. That is why these new measures will also provide dedicated support for Indigenous and women-owned small businesses, which have been disproportionately impacted by the COVID-19 crisis.
This new support will help hundreds of small businesses in the coming months explore new opportunities to sell their world-class Canadian products and services in the international marketplace, grow their businesses, and create good jobs for Canadians.
Join us to celebrate Women Entrepreneurs and their impact creating BC businesses, jobs, connections, communities and more!
#WEcreateBC is an online celebration that highlights the incredible impact of women entrepreneurs around BC, and the communities that support them.
HOW YOU CAN JOIN IN
1. Follow @wecbc and @fwecanada 2. Post using #WEcreateBC and tag us in your photo Women business owners: Share a photo or video of what you create with your business Business support community: Share how you support women entrepreneurs, or an inspirational story from your community 3. You'll be entered to win a Woman-Owned Prize Pack!
The 50 – 30 Challenge is an initiative between the Government of Canada, business, and diversity organizations. Together with project co-creators, many of whom have been striving to increase corporate diversity for decades, the government is shaping a plan to improve access for racialized persons, people who identify as LGBTQ2, people living with disabilities, as well as First Nations, Inuit and Métis to positions of influence and leadership on corporate boards and in senior management.
The goal of the program is to challenge Canadian corporations to increase the representation and inclusion of diverse groups within their workplace, while highlighting the benefits of giving all Canadians a seat at the table. The government has always believed in seeking the best available advice when making decisions. The 50 – 30 Challenge will be developed with the help of decades of expertise from both private sector and advocacy partners, and will offer a variety of tools and resources to support participating companies in achieving real results.
To maintain momentum on this work, and in the spirit of transparent co-creation, the government is planning to further publicize the beginnings of further dialogue and the shaping of this initiative very shortly.
Company participation will help illustrate the collaborative nature of this approach as those involved work in partnership to design a meaningful challenge.
The benefits Diversity in the workplace makes good business sense. Companies that are more diverse:
are more likely to outperform their peers
are twice as likely to meet or exceed financial targets
are eight times more likely to achieve better business outcomes
generate and foster fresh insights, new ideas and creative solutions
draw on the full talents of their organizations and people
How to participate Companies, not-for-profits and other organizations that are interested in the 50 – 30 Challenge can sign-up by filling in the 50-30 Challenge form.
COVID-19 has changed our lives, businesses, organizations — and our entire world. Change is happening fast and adaptation is critical to our economic survival.
So how do we build back better? That’s what Rising Economy Week is all about. Join with other leaders for a week of immersive virtual events with leading thinkers, disruptive ideas, trend insights, economic outlooks, forums and idea-building workshops, all focused on moving the needle on economic recovery and creating a future of vibrant prosperity.
Covid is sure to reshape our country in profound new ways, but, write famed demographers Wendell Cox and Joel Kotkin, the most powerful will be accelerating trends that were already underway. A look at a sped-up future with big implications.
BCEDA is continuing to seek success stories to highlight on the Economic Development in Action website. The website is advertised internationally and used as a tool to market your community and attract international investors. Economic Developers can use the website to collaborate on ideas and gain inspiration from others. We a looking for a brief summary of your successful projects, partnerships and initiatives.