Canada and Florida: A Strong and Growing Economic Partnership
Canada and Florida are natural partners, perfectly complementing each other in so many different ways. For decades, resource-rich Canada has been supplying Florida’s booming economy and population with the prerequisites to sustain this strong growth, as well as with cutting-edge technologies and financial capital. And as both a hotbed of innovation and North America’s gateway to Latin America and the Caribbean, subtropical Florida has for the longest time been a favorite destination for Canadians eager to capitalize on Florida’s opportunities – for business, leisure, or both! From energy to building materials to food to telecoms equipment, Canadian firms have built a strong presence in Florida across a wide variety of industries. In fact, Canada remains Florida's #1 global economic partner, according to this economic impact study, prepared for the Consulate General of Canada in Miami.
As global leaders in developing the technologies of tomorrow, both Canada and Florida have been eagerly nurturing their bilateral links, which has resulted in some stellar examples of collaboration across a wide variety of fields. Private-sector businesses, universities, regional and local governments, and non-profit organizations have all been working steadfastly towards developing networks of partnerships that will bring ever closer the already intertwined economies of Canada and Florida.
Beyond just their commercial links, Canada and Florida share long-standing ties in culture, language (Quebec has North America’s largest francophone community, Florida the second largest), tourism (including Canadian “snowbirds” who reside in Florida part of the year), sports, and a variety of other areas. All of these linkages reinforce each other, contributing to a deeper mutual familiarity and understanding between Canadians and Floridians, while also facilitating the conduct of business.