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New Data: Annual Canadian Visitors to Arizona tops 1 million

Posted by   /  May 10, 2016  /  No Comments

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(Editor’s note: News releases are published unedited, unless they contain factual errors.)

Screen Shot 2016-05-10 at 12.27.57 PMPeople-to-People Ties Make Business Possible

Each year, hundreds of thousands of Canadians visit Arizona—and 25,000 homes in the state are owned by Canadians. So, while snowbirds may come for the sun and leave with the heat, their economic contribution lasts year-round. Canada’s Mattamy Homes, North America’s largest privately owned home-builder, has already developed 11 communities across the Phoenix and Tucson areas— and it has 6 new developments in the works, which are expected to generate thousands of new jobs in the next five years. Housing, tourist and business transactions are made easier by BMO Harris, a subsidiary of the Bank of Montreal (BMO) which has been doing business in Arizona since 1965. Along with BMO Private Bank, the two companies employ 500 people statewide in 51 banking centers.

A Business-Friendly Climate Powers the Relationship

Arizona’s business-friendly climate is reflected in the diversity of Canadian companies operating in the state. More than 350 Canadian-owned businesses operate across 1,000 locations in Arizona, employing over 18,000 Arizonans. Canadian utility firms EPCOR USA, the largest private water provider in Arizona, and Fortis Inc., an electricity and gas utility serve more than 350,000 and 657,000 Arizona customers respectively. In 2015 Fortis, through its Arizona subsidiary UNS Energy Corporation (UNS), contributed $47,500 to non-profit organizations to support programs that improve the health and well-being of children, families and seniors across the state.

‘Manufacturing’ Prosperity From the Ground Up

JV Driver Fabricators, an Alberta-based manufacturing company, has a 100,000 square-foot steel pipeline and structural fabrication facility in Phoenix, and 50 employees on site. This facility doubles the company’s capacity to serve the North American construction market. Ritchie Bros. Auctioneers, based in British Columbia, is the world’s largest industrial auctioneer, and has an auction site in Phoenix. Hosting 5 auctions per year, the company employs 25 Arizonans on a full-time basis, and 50 temporary workers for each auction. And Canada’s Bombardier employs more than 1,000 people at two sites in Arizona— an aircraft service center for business and commercial aircraft in Tucson, and an operations and maintenance center supporting the automated people mover system at Phoenix Sky Harbor International Airport, which is Bombardier technology.

Arizona–Canada trade

·         Arizona exports to Canada: $2.2 billion

·         Arizona imports from Canada: $1.5 billion

·         Bilateral trade: $3.7 billion

·         Arizona services exports to Canada: $1.2 billion

Arizona–Canada tourism

·         Arizona visits by Canadians: 1,005,900

·         Arizona vacation spending by Canadians: $1.1 billion

Arizona’s top goods exports to Canada

·         Vegetables: $232 million

·         Engines & turbines: $218 million

·         Aircraft: $131 million

·         Telephones & AV recording equipment: $89 million

·         Optical, medical & precision instruments: $86 million

Arizona’s top goods imports from Canada

·         Aircraft: $272 million

·         Softwood lumber: $94 million

·         Plastics & plastic articles: $88 million

·         Aircraft parts: $74 million

·         Optical, medical & precision instruments: $66 million

Arizona exports to Canada by industry

·         Equipment & machinery (51%)

·         Agriculture (17%)

·         Transportation (12%)

·         Minerals & metals (8%)

·         Chemicals (5%)

·         Plastics & rubbers (2%)

·         Other (5%)

Arizona imports from Canada by industry

·         Transportation (27%)

·         Equipment & machinery (23%)

·         Forest products (12%)

·         Plastics & rubbers (7%)

·         Agriculture (6%)

·         Minerals & metals (4%)

·         Other (21%)

Arizona Jobs

·         146,800 Arizona jobs depend on trade and investment with Canada

Arizona top services exports to Canada

·         Travel: $499 million

·         Transportation services: $247 million

·         Business, professional & technical services: $144 million

·         Royalties & license fees: $89 million

·         Insurance services: $82 million

Highlights

·    146,800 jobs in Arizona depend on Canada–U.S. trade and investment

·    Total Canada–Arizona goods trade: $3.7 billion

Connect to our team

For more information on Arizona’s trade with Canada, please contact our trade team in Los Angeles.

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  • Published: 12 months ago on May 10, 2016
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  • Last Modified: May 10, 2016 @ 12:29 pm
  • Filed Under: Economy

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