Nick Giesbrecht SiYi Huang Youx Xaio Methodology Interview with Diane Gray President and CEO of CentrePort CentrePort Canada 201415 Business Plan Mayors Trade Council Report 2008 ID: 799640
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Slide1
CentrePortCanada
Jonas Hendrickson-GracieNick GiesbrechtSiYi HuangYoux Xaio
Slide2Methodology Interview with Diane Gray
President and CEO of CentrePortCentrePort Canada 2014-15 Business PlanMayor’s Trade Council Report 2008CentrePort Canada Act Legislation 2008
Slide3What?CentrePort Canada is North America’s newest 20,000-acre inland port and Foreign Trade Zone (FTZ), offering unique access to tri-modal transportation (road, rail and air
)When?CentrePort Canada officially opened its doors in November 2009Where?
CentrePort
Canada is an inland
port located in Winnipeg and Rosser,
Manitoba
How?Currently there are more than 20,000 acres of land ready for new development and more than 530,000 square feet of industrial space available in existing warehouse facilities.
Slide4Why Winnipeg?
GeographicCentre of North AmericaAsia-Pacific GatewayMid-Continent Trade CorridorThe port of ChurchillEconomicLabor costsTaxes
Logistic
Railways
Roads
International airport
Slide5http://arcticbridge.com/
Slide6Geographic
Slide7Transportation
Slide8Distances to Selected North American Population Centres
Slide9Transit Times to North American Cities
Slide10Current Businesses operating within CentrePort
Major Corporations and Industry LeadersMacDon, Winpak, Fort Garry Fire Trucks, Boeing, Magellan, StandardAero, Paterson GlobalFoods, Bison Transport, TransX
,
Conviron
,
Gardewine
North, GE Aviation, North West Company, Payne Transportation, Rosedale Transport and Peak of the Market.Recent Retailer InvestmentsIKEA and Cabela’s
Slide11Strategic Partnerships with Government
Construction of CentrePort Highway ($212 million)Headingley Bypass Extension ($150 million)Flood-proofing of Highway 75 ($250 million)Extension of Chief Peguis Trail
To
McPhillips
by 2021 ($110 million)
To Route 90/
Brookeside Blvd by 2021 ($130 million)
Slide12Slide13Strategic AdvantagesDirect access to tri-modal transportation (rail, truck, air cargo)
Foreign Trade Zone (FTZ) benefitsPrime industrial land for any size of development – available for sale or lease (including build-to-lease options)Lowest published energy costs in North America
Lowest business costs in Midwestern Canada and US
Affordable, abundant
labour
, with competitive wages and government-
funded employee health care costsAssistance with fast-tracked development approvals
Slide14Weekly Average Wages in Western Canada
Slide15Rail, Trucking, and Air Cargo AdvantageRail
- Three class I railways have access to CentrePort: Canadian Pacific Railway, Canadian National Railway and Burlington Northern Santa Fe, with CP and CN operating intermodal yards in Winnipeg. Current development of common-use rail facility and adjacent industrial park for rail-intensive business.Truck
- major trucking hub as home to a significant number of national and international trucking companies clustered in and around the inland port.
New expressway directly supports this industry by making it more efficient to move cargo to Manitoba’s highway network.
Air
- James Armstrong Richardson International Airport is located at
CentrePort, and is home to major cargo operations including Fed Ex, Purolator, UPS, Canada Post, Air Canada Cargo and Cargojet Inc. This enables worldwide freight-forwarding services as the airport has the most dedicated freighter movements in Canada.
Slide16Canadian Pacific Railway
Slide17Canadian National Railway
Slide18Burlington Northern Santa Fe Railway
Slide19AirWinnipeg James Armstrong Richardson International AirportCanada’s #1 airport
for scheduled freighter flights24-hour all-weather operationsMore than 173,000 tonnes of cargo moved through
Slide20Foreign Trade Zone AdvantageCentrePort is Canada’s only Foreign Trade Zone. This means that all commercial businesses operating within
CentrePort enjoy the following advantages:Customs Bonded Warehouse: relieves tariffs and sales taxes Duties Relief: provides upfront tariff relief
Duty Drawback
: reimburses tariffs paid on exported goods
Export Distribution Centre
: relieves sales taxes, provided that export revenues account for at least 90 per cent of a company’s revenues and that not more than 20 per cent of value be added to the imported products.
Exporters of Processing Services: relieves sales taxes provided that the imported goods are owned by a non-resident and sold to a foreign resident.
Slide21Challenges for CentrePortNew Foreign Trade Zone Regulations
Government regulation promoting more Foreign Trade ZonesForeign Trade Zones can be established anywhere in Canada Creates competition for Centreport
Slide22Challenges for CentrePortFind an Anchor Tenant
Currently CentrePort does not have an anchor tenant.Need to secure an anchor tenant before common use rail facility can be built.Target industries include agribusiness and food processing; advanced manufacturing
Slide23Challenges for CentrePortMake Themselves Appealing
Currently CenterPort hopes to “support trade oriented activity, including the exports of manufacturing and agricultural products, as well as inbound products.”What does CentrePort do that is not already being done?What benefits does CentrePort Offer?
Slide24CentrePort Canada Short-term and Long-term Goals
Short-termbusiness and marketing plans to attract companies Land development Strategic relationships with key partners Unique soft infrastructure offerings Long-term
to generate own-source revenues
meet financial targets
Slide25Questions?