This is an excellent seminar which competes with my own. I have attended it
and it is well worth
attending if you are a businessman aspiring to open in the USA.
I will be announcing my own repeat of a seminar soon. Mine deals more with
the personal aspects of taxation when you work across the border and what
kind of visa you will need to do so.
============================================================================
=
For Immediate Release - February 2, 2004
Contact: Jim Pettinger, 360-671-8866 or [email protected]
Higher loonie may hurt old exporters, but it helps new exporters
While established Canadian exporters to the USA may be hurting, the surging
loonie is good news for entrepreneurs and new exporters eyeing the lucrative
U.S. market.
Even at a so-called "unfavorable" exchange rate of $.75, the USA market,
with its huge size and positive business attitude, is still a great
exporting opportunity for just about any Canadian or other imported product
or service.
Recently, a major barrier for new exporters has been the cost of funding
their USA launch in Canadian dollars. Buying U.S. dollars for CDN $1.60+ was
expensive. But today, at a more reasonable CDN $1.30, and with many purchase
discounts available, Canadian companies can buy products, services, travel,
and attend trade shows for up to 50 percent less than just two years ago.
According to Jim Pettinger, president of International Market Access, Inc.
a Bellingham, Washington firm that assists USA exporters, "The economic
recovery in the USA is well underway, and most economists are optomistic
about 2004 (a presidential election year). Right now is a great time to
stake your position. And with the added support provided by traditional and
improved Canadian government programs, it should really be a no-brainer."
Bill Johnston, director of the federal government’s International Trade
Centre in Vancouver echoes Pettinger’s sentiments. "Studies indicate that
those who use government export assistance programs are four times more
likely to succeed in exporting than those who do it independently. No other
country has Canada’s support programs and services for exporters. Under the
umbrella of Team Canada Inc, and more locally, Trade Team British Columbia,
both new and experienced exporters have a leg up on their competition."
An upcoming event of interest to exporters to the USA is "Doing Business in
the USA", a one-day seminar in Richmond, BC on March 11. More information on
this and other trade events is available at www.ucantrade.com and
www.bctradeevents.com.
From its 15,000 sq. ft. facility in Bellingham, Washington, International
Market Access, Inc. provides more than 100 Canadian exporters with USA
Marketing Support Services, including USA business identity, warehousing,
distribution, order processing, fulfillment, foreign-trade zone services and
product representation.
------------------------------------------------
This Announcement is furnished by:
International Market Access, Inc.
Publishers of "Trade Tips: Selling to the USA"
3873 Airport Way, PO Box 9754
Bellingham, WA 98227-9754
E-mail: [email protected]
Tel: 360-671-8866
Fax: 360-671-7326
Website: http://www.ucantrade.com/
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