The Advantage

Prepared for Brazilian Delegation - Collision June 2020 Winnipeg Factoids

• The world’s most famous spy 007 James Bond was inspired by a Winnipegger​

• Aboriginal Peoples Television Network (APTN), headquartered in Winnipeg, is the first national Aboriginal network in the world.​

• The classic tale of Winnie the Pooh was inspired by a Winnipegger​

• The inventor of the cellphone was Winnipeg-born Martin “Marty” Cooper

• Winnipeg’s Union Station was designed by the same architects responsible for Grand Central Station in New York City

2 How team will support Brazilian companies Team Manitoba approach with:

• Team Manitoba is a coalition between the Province of Manitoba, City of Winnipeg and Economic Development Winnipeg / YES! Winnipeg. • We bring a hassle-free, business oriented, customer-focused approach to investment projects, and will be supporting companies along every step of the way. • In addition, our business community is well-recognized as open, accessible and collaborative.

3 Why Winnipeg

Central location Low business costs and time zone

Easy access to Supportive business global markets environment

Tri-modal transportation Skilled global talent and hub multiple recruiting opportunities

4 Central location and connectivity

• Geographic centre of • Home to CentrePort , North America’s largest tri- modal inland , which includes the James Armstrong Richardson International Airport1 • The only major city between Thunder Bay and Vancouver with direct rail connections to the U.S. • Connected to the Mid-Continent Trade and Transportation Corridor, a system of highways and rail routes from Canada through the U.S. to Mexico • One hour from the busiest U.S. border crossing in ,2 with a standard wait time of 10 minutes or less3 • Directaccess to free trade agreements • Canada-United States- Mexico Agreement (CUSMA) • Canadian-European Union Comprehensive Economic and Trade Agreement (CETA) • Canada-Korea Free Trade Agreement (CKFTA) • Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP)

1. Grow with us, CentrePort Canada, 2020 2. Transportation Systems Planning and Development - Strategic Planning, Province of Manitoba, 2020 5 3. Manitoba's Strategic Advantages: Major Road Crossings into the U.S., Province of Manitoba, 2020 Tri-modal transportation hub

• 24/7 all-weather international • Only major Canadian Prairie • Headquarters for two of airport with no slot city served by three Canada’s top 10 inter-provincial restrictions continental class 1 railways: trucking companies3 CN, CP and BNSF • One of the most reliable • “Five minutes to 55 mph” (90km) airports in the world1 • New 270-hectare rail park in using the CentrePort Canada development at CentrePort Way expressway4 Canada2

1. Expand your business here, Winnipeg Airports Authority, 2020 2. CentrePort Canada Rail Park™, CentrePort Canada, 2020 3. The Top 100: A ranking of Canada's top for-hire fleets, Today’s Trucking, 2019 4. Tri-modal transportation, CentrePort Canada, 2020 6 An affordable city Among the lowest published electricity rates in North America

Hydro cost comparison for general service, in c/kWh

Winnipeg, MB Montréal, QC Vancouver, BC St. John’s, NL Portland, OR Detroit, MI Miami, FL Chicago, IL Regina, SK Houston, TX Seattle, WA Moncton, NB Calgary, AB Halifax, NS Nashville, TN Ottawa, ON Toronto, ON Charlottetown, PE Edmonton, AB New York, NY San Francisco, CA Boston, MA 0 5 10 15 20 25 30

Medium Loads (2,500 kw for 1,170,000 kwh2). Comparison of electricity prices in major North American cities, Hydro Québec, 2019 7 An affordable city Among the lowest industrial rental rates in Canada

Average net rental rate Market ($ PSF / year) Q4 2019 Q1 2020

Montreal, QC 6.83 6.97

Winnipeg, MB 7.5 7.4

Halifax, NS 8.07 n/a

Toronto, ON 9.44 9.91

Ottawa, ON 10.27 10.36

Edmonton, AB 11.50 10.30

Vancouver, BC 12.49 13.11

*Rental rates reflect net asking $PSF / Year

Selected Industrial Market Reports, Colliers Canada, 2020 8 An affordable city Cost of living below the Canadian average

• The average price of residential property in Winnipeg is $306,600 – 41% lower than the Canadian average and the third lowest among Canadian metropolitan areas1

• The average monthly rent in Winnipeg is $1,070 – among the lowest in major Canadian cities.2

• Outside of Quebec, Winnipeg has the lowest monthly median daycare cost at $651.4 Manitoba is one of three provinces that set maximum child-care fees for parents.3

1. Forecasted for 2020. Housing Market Outlook, Canadian Mortgage and Housing Corporation, 2019 2. Rental Market Outlook, Canadian Mortgage and Housing Corporation, 2020 3. In Progress. Child care fees in Canada 2019, Canadian Centre for Policy 9 Alternatives, 2020 Immigration Programs and agencies

• The Manitoba Provincial • ESDC Global Talent Stream* Nominee Program • AIESEC • IRCC Dedicated • VanHack Service Channel* • Manitoba START Program

Manitoba has added close to 224,000 international immigrants to the province since 20001

In 2019, Winnipeg CMA population grew by more than 12,000 people, an increase of 1.48%2

Sources: 1. Table: 17-10-0014-01, Statistics Canada, 2019 | 2. Table: 17-10-0135-01, Statistics Canada, 2019

*Referral may be required. Please contact YES! Winnipeg for more details. 10 Diverse, Multilingual Workforce More than 100 languages spoken in Winnipeg

One of the largest Francophone communities in Canada outside of Québec​ Winnipeg’s French speaking population is over 80,000, with over 26,000 native French speakers

44,595

26,710

17,595 17,435

8,820 8,785 6,845 6,095 6,090 5,970

Source: Catalogue: 98-316-X2016001, Statistics Canada, 2016 * For the Winnipeg Census Metropolitan Area 11 The Brazilian Connection

Rio Grande do Sul sister-state to Manitoba

6,095 Individuals in Winnipeg indicated Portuguese as their mother tongue1

Brazilian Association in Winnipeg (Brasiw) Unir os/as brasileiros/as e suas famílias e amigos ao mesmo tempo promovendo a cultura e a língua brasileira, enquanto incenta a adaptação à cultura e costumes canadenses. Dar suporte a imigrantes brasileiros chegados que estejam se estabeleçendo em Winnipeg e cidades vizinhas.

Conselho de Cidadania Brasileira em Winnipeg (CCBW) Em 2015, foi criado o Conselho de Cidadania Brasileira de Winnipeg (CCBW) pela necessidade dos brasileiros residentes em Manitoba de uma aproximação com o Consulado Brasileiro em Toronto. O CCBW serve como uma ponte de comunicação entre a sociedade civil (você) e o Consulado.

Brazilian Companies in Winnipeg Canadian companies hiring Brazilian talent.

1. Language, Statistics Canada, Census Profile, 2016 Census, Winnipeg Census Metropolitan Area

12 Economic Sectors of Focus

YES! Winnipeg focuses on five key sectors 1. Advanced Manufacturing 2. Aerospace 3. Agribusiness 4. Creative Industries 5. Information and Communication Technologies

13 Information and Communication Technologies 1,300+ COMPANIES 19,000+ OCCUPATIONS Cost competitive Canadian city Winnipeg is a low cost city to operate a tech for tech firms company and a more affordable place for potential employees Winnipeg $35 to call home Montreal $37

Vancouver $38

Saskatoon $38

Toronto $40

Edmonton $42

Ottawa $42

Calgary $46

$0 $10 $20 $30 $40 $50

Total Estimated Cost ($M)

Total estimated 1-year cost for 500 employees in 75,000 sq. ft. and consists of rent cost, tech talent wages, support non-tech wages, and management wages.

Source: Statistics Canada, CBRE Research, 2019 16 Manitoba Government Incentives

The Industry Expansion Program Potential provincial funding of up to $460,000 for training new employees*

Canada-Manitoba Job Grant Eligible employers may apply for up to $10,000 for each individual worker to assist with training costs.

Manitoba Scientific Research and Experimental Development Up to 15 per cent tax credit which can apply unused credits available for a 20-year ​carry-forward and a 3-year carry-back

Paid Work Experience Tax Credit Up to $5,000 per placement/year for each hired co-op student/graduate

17 Global Tech Companies in Winnipeg

Food delivery service company, headquartered and expanding in Winnipeg, has a technologically-advanced backend that was ranked in the top 5 of Deloitte’s, Technology Fast 50 for 2018.

Amazon Web Services is a subsidiary of Amazon.com and provides on- demand cloud computing platforms. The company acquired Winnipeg's Thinkbox Software in 2017 which became known as AWS Thinkbox and is leading developer of production-proven tools for entertainment, architecture and design industries.

Farmers Edge is a global leader in decision agriculture servicing over 20 million paid product acres worldwide with precision digital solutions. Integrating field-centric data, easy-to-use software, state-of- the-art processing technology, predictive modelling, and advanced agronomic analytics, to provide growers with scalable solutions to produce more with less.

18 The industry association responsible for showcasing Manitoba’s innovation and growing the province’s tech sector.

130 member companies Programs Include: & 10,000+ employees

• Build connections • Shape industry • Receive deals • Grow talent • Gain exposure • Access Resources • Access to Markets

19 The industry association responsible for growth in the interactive digital media (IDM) industry

Members: 100+ companies • Business development NMM’s membership is made up of over 100 • Education companies whose innovative • Training events products and services include mobile apps, video • Industry information games, augmented and • Career promotion virtual reality, and more

Source: New Media Manitoba 2020 https://newmediamanitoba.com/ 20 An innovation-based economic development agency and a powerhouse community to fuel Manitoba’s innovation economy

Programing Includes: • Award winning mentors • Over 7,500 prototypes created • Subject matter experts • Worked with over 200 • 4-stage startup program companies raising over $220M • Canada’s largest non- • Over $2M in digital profit fabrication lab prototyping equipment

Source: New Media Manitoba 2020 https://newmediamanitoba.com/ 21 Smartpark Innovation Hub

• $36 million, 70,000 square-foot engineering and innovation facility • Graduate and PhD researchers, start - ups and Technology Transfer Office

Red River College Innovation Centre

• $95 million investment for an institute of innovation, applied research, entrepreneurship and commercialization • Acts as an anchor for Innovation Alley Educational Opportunities

23 Agribusiness 1,800+ COMPANIES 13,800+ EMPLOYEES

Source: Custom run table, Statistics Canada, 2018 Agribusiness highlights Manitoba exported over $6 billion in agribusiness products domestically in 20181

• 16 grain companies are headquartered in Winnipeg2

• Manitoba's Agribusiness real GDP was over $6 billion in 20183

• Our province is the largest producer of sunflower seeds in Canada4 • Manitoba leads Canada in ag manufacturing and grain exports; exporting to 50+ countries4

• Over $1.5 billion has been invested in Agri-Food in Manitoba since 20165

Sources: 1. Manitoba Trade Statistics, Government of Manitoba, 2019 | 2. Licensed grain companies, Canadian Grain Commission | 3.Table: 36-10-0402-01, Statistics Canada, 2018 | 4. Your investment destination for Food and Agri-Product Processing, Government of Manitoba, 2018 | 5. The Manitoba 26 Protein Advantage, Government of Manitoba, 2019 Manitoba’s crops Fast Fact

Manitoba is at the heart of Canada’s agricultural production, contributing1: Manitoba’s seeded hectares for peas grew Wheat 15% by almost 50% from Canola 16% 2018 to 2019 based 2 Potatoes 20% on industry need. Oats 20% Soybeans 24% Hogs 26%

0 5 10 15 20 25 30

The average yields of crops grown in Manitoba have increased significantly over the past 5 years.2

Average yield (kilograms per hectare) Type of crop 2015 2016 2017 2018 2019 Barley 3,700 3,900 4,300 4,052 4,140 Canola 2,200 2,100 2,500 2,427 2,354 Oats 3,600 3,700 4,200 3,932 3,860 Peas 2,900 2,600 3,200 3,200 3,318 Rye 3,000 3,300 4,340 3,830 3,789 Soybeans 2,400 2,800 2,400 2,089 1,964 Wheat 3,400 3,500 4,000 3,999 4,022

Sources: 1. Three-year average, 2017-2019. Table: 32-10-0359-01, Table: 32-10-0200-01, and Table: 32-10-0200-01, Statistics Canada, 2017-2019 | 2. Table: 32-10-0359-01, Statistics Canada, 2015-2019 27 Winnipeg is an agribusiness hub

National councils and associations with headquarters in Winnipeg • Canadian Association of Agri-Retailers • Canola Council of Canada • Canadian Oilseed Processors Association • Canadian Malting Barley Technical Centre • Canadian International Grains Institute • Canadian Agricultural Safety Association • Cereals Canada • Flax Council of Canada • Food Development Centre () • Pulse Canada

Key government departments in Winnipeg • Canadian Grain Commission • : Agriculture & Agri-Food Canada • National Research Council Canada • Province of Manitoba: Agriculture, Food and Rural Development

28 Winnipeg is an agribusiness hub Industry leaders with headquarters in Winnipeg

Buhler Industries / Versatile and MacDon are global farm equipment suppliers with large operations in Winnipeg.

29 Manitoba is a plant protein hub Significant investment in existing or new facilities is consolidating Manitoba as a hub for plant protein processing.

Roquette is building the world’s largest pea processing facility in Portage la Prairie.1

Merit Functional Foods Corporation (a joint venture between Burcon NutraScience Corporation and Merit Functional Foods) is building a new pea and canola processing facility in Winnipeg, which will be the world’s only commercial-scale food-grade canola protein production facility.2

Winnipeg-based Manitoba Harvest Hemp Foods is the world’s largest manufacturer of hemp foods, including plant protein blends and hemp protein powders.3

Sources: 1. Province of Manitoba, 2019 2. AgCanada, 2019 30 3. Manitoba Harvest Hemp Foods, 2019 Manitoba is a plant protein hub Government organizations and industry partners collaborate to make Manitoba North America’s protein supplier of choice.

Manitoba is part of the $153 million Protein Industries Canada (PIC) supercluster that supports projects on value-added agriculture improving plant-based proteins.1

The Manitoba Protein Advantage Strategy, an initiative by the provincial government ministry of Manitoba Agriculture, will focus future efforts and encourage leadership and industry collaboration.

As part of the Manitoba Protein Advantage Strategy, the Food Development Centre in Portage la Prairie will be receiving additional investment to support protein sector innovation and commercialization.2

Sources: 1. Canada Newswire, 2019 2. Province of Manitoba, 2019 31 Manitoba has a mature agribusiness industry

Manitoba is home to notable agribusiness companies that specialize in plant processing.

In 2018, J.R. Simplot Company announced a $460 million investment and expansion in the company’s potato processing operations near Portage la Prairie.1

Husky Energy has been the leading ethanol producer in Western Canada since opening its first ethanol plant almost 40 years ago. The facility in Minnedosa was Western Canada’s first commercial ethanol plant.

BeeMaid Honey is Canada’s largest honey processor & packer, serving international companies like Kraft Foods, Costco, Sysco, Starbucks and others.

In 2018, McCain Foods (Canada) announced infrastructure investments totaling $75 million for its Portage la Prairie and Carberry, Manitoba facilities.2

Sources: 1. Province of Manitoba, 2018 32 2. McCain Foods Canada, 2018 Key industry leaders born in Manitoba

World-renowned companies have their roots in Manitoba

Richardson International is Canada’s largest agribusiness and is recognized as a global leader in agriculture and food processing. Based in Winnipeg, Richardson is a worldwide handler and merchandiser of all major Canadian-grown grains and oilseeds and a vertically-integrated processor and manufacturer of oats and canola-based products.

Paterson Global Foods (PGF) is a privately held diversified corporation with a long standing history in Canada and the world dating back to 1908. PGF attributes its success and esteemed reputation for service to its commitment to shipping high quality agricultural commodities to suppliers and consumers across Canada and the world.

Parrish & Heimbecker, Limited (P&H) is a Canadian, family owned agribusiness, with roots in the agriculture industry dating back more than 100 years. Founded in 1909, P&H is growth-oriented, diversified and vertically-integrated with operations spanning across grain trading, handling and merchandising, as well as crop inputs, flour milling and feed mills.

Sources: 1. Province of Manitoba, 2018 2. McCain Foods Canada, 2018 33 Header Header

Alberto Velasco-Acosta Kyla Wills Director of Foreign Business Development Direct Investment Manager YES! Winnipeg YES! Winnipeg P: 204.954.1972 P: 204.954.0993 C: 204.806.0036 C: 204.770.7552 E: [email protected] E: [email protected]

Contact: YES! Winnipeg Suite 810, One Lombard Place, Winnipeg, MB R3B 0X3 P: 204.954.1997 TF: 855.734.2489 E: [email protected] www.yeswinnipeg.com www.economicdevelopmentwinnipeg.com 34