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The Ontario government is planning to open a trade office in Calgary in the next few months to facilitate oil sands business for Ontario companies.
Currently 1,000 Ontario firms are involved in Alberta’s energy industry.
“We think there can be a lot more,” said Eric Hoskins, Ontario Economic Development Minister.
“Alberta companies regularly come to us and say ‘we’ve got a need’. We help them source it…Ontario’s got to be there on the ground, building relationships and creating networking opportunities for our companies.”
The annual cost of running the office is pegged at roughly $500,000. Alberta-Ontario annual trade is currently worth $44 billion.
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Abdul Samad
Ontario has many nickel, copper, gold, zinc and other platinum group metal mines and is one of the highest producer of nickel and platinum globally.Ontario is one of the main regions of Canada with a GDP contribution of around 37% and almost 40-60% of equipment suppliers, consultants and mining experts.