Language selection


2018 Canada-Florida Economic Impact Study

Canada is Florida’s most important economic partner

Table of Contents

Executive Summary – The Canada-Florida Economic Relationship

Merchandise Trade

Investment and Employment

Real Estate


Areas for further collaboration



Executive Summary – The Canada-Florida Economic Relationship

When you combine trade in goods and services, including tourism, with investment, Canada is by far Florida's most important international economic partner.

Despite the one thousand miles of distance that separate Canada and Florida, Canada has an enduring impact on the Florida economy that extends well beyond tourism and natural resources. Trade between the two countries has grown steadily at a rate of 3.6% annually since 2009. An example of Canada's importance to the state's trade economy can be found in the Tampa area were the four Congressional districts comprising the Tampa Bay area are the largest exporters to Canada in Florida and together account for 22% of all of the state's exports to Canada. Meanwhile, Canadian investment in Florida remains strong, with almost 500 Canadian companies present in the state, drawn by the low cost of doing business, excellent logistics infrastructure, and close international opportunities with Latin America and the Caribbean. Canadian businesses can be found across the state of Florida, but most are tightly concentrated in the southeast (Miami-Dade, Broward, Palm Beach), west (Tampa-Hillsborough) and central (Orange County and Orlando).

Purchases of residential real estate by Canadians have recovered from 2015’s historical low as stability in the value of the Canadian dollar and booming home prices in Canada have prompted more Canadians to sell and move their assets to the United States. Canada remains Florida’s number one international patron of real estate by a considerable margin. Loyal snowbirds and other Canadians who own Florida property also inject several billion dollars annually into the economy through property taxes. An estimated $508 million in property taxes are added to local coffers from existing Canadian real estate holdings, and an additional $67 million a year from new property sales alone. Future purchases of real estate by Canadians will depend on continued stability of the Canadian dollar as well as Florida and Canadian property values. Florida has long been a favorite retirement destination for Canadians and will continue to draw their real estate dollars.

Table 1: Economic Impact of the Florida-Canada Relationship, Select Indicators, USD Billions
1 Real estate and tourism data is calculated from data provided from 2017 while trade data from sources is calculated using data provided from 2016 as it was the most recent available data at time of writing.
Canadian exports to Florida$4.3$4.6
Florida exports to Canada$3.5$2.7
Total trade relationship$7.8$7.3
Canadian residential real estate purchases in Florida$4.6$7.0
Canadian tourism spend in Florida$6.0$6.5

Canada is Florida’s #1 source of international tourism, with 4% more Canadian visitors in vacationing in the state in 2017 versus 2016. Since 2010, Canadian tourists are spending 24% more time in Florida and are spending 53% more money in the state; an estimated $6.5 billion in 2016 alone. Canadian tourism has generated an estimated $686.5 million in related tax revenue, making Canadian tourism a slightly larger contributor to the Florida economy than Canadian real estate. Further, hundreds of Floridian businesses and thousands of employees depend on the impact of Canadian tourism, especially seasonal snowbirds, who return to the state year-after-year.

Americas Market Intelligence (AMI), a leading regional market intelligence and consulting firm, conducted this economic impact study in 2014 and found that the Canada-Florida relationship had continued to thrive through and after the Great Recession. AMI was contracted again in 2017 to track the progress of this economic relationship three years later. This report explores the four main components of the Canada-Florida relationship: trade, investment, real estate and tourism, in an effort to describe and quantify the economic impact Canada has on the Sunshine State.

To summarize the deep linkages between Canada and the State of Florida:

The impact of Canadian trade and investment on the well-being of Floridians and the Florida economy cannot be overstated. In the words of Enterprise Florida’s Senior Vice President of International Trade & Business "Canada is by far the number one partner the state of Florida has.” A visualized overview of Canada’s importance to trade, tourism, and foreign investment in the state of Florida can be found in Figure 23 in the Annex of the document and below.

Graphic of Florida’s Top Global Partners, Canada Among the Top 5, Florida Chamber of Commerce 2017

Table of Contents

Merchandise Trade


Canada and Florida enjoy an intimate and prosperous trade relationship that has remained stable despite more recent stumbles. Even with Canada’s lack of proximity to Florida, it is one of the Sunshine State’s top trading partners, amassing $7.3 billion in total trade. From agriculture products to petroleum to pharmaceuticals to aircraft parts, both Florida and Canada’s economies benefit from trade.

Total trade between Canada and Florida has remained stable year-over-year but has ultimately contracted since 2013 with a compound annual growth rate of -2.2% between 2013 and 2016. Florida imports from Canada grew at a CAGR of 1.8% annually from 2013 to 2016, with Canada-origin exports to the state reaching an annual growth rate of 2.0%.

Florida exports to Canada fell -7.8% and -3.7% in 2014 and 2015, as the US dollar rapidly appreciated 7.3% and 15.7% y-o-y, respectively. While the favorable foreign exchange between 2013 and 2016 helped drive growth in Canada’s exports to the state, Florida exports contracted at a CAGR of -7.6% during that time, weighing down overall trade between the two.

Table 2: Canada-Florida Total Trade, Billions of USD
Total FL imports from Canada$4.6
Canada-origin imports$3.5
Total FL exports to Canada1$3.5
FL-origin exports$2.7
Canada-FL Trade Balance+$1.9
1 Florida exports to Canada provided by Trade Stats Express is based on the origin of movement (OM) series, which credits export merchandise to the state where the goods began their final journey to the port (or other point) of exit from the United States, as specified on official U.S. export declarations filed by shippers. The OM can be either the location of the factory where the export item was produced or, in many cases, the location of a distributor, warehouse, or cargo processing facility. As a result, exports from Florida to Canada may be underestimated, as much of Florida’s merchandise trade with Canada crosses the border by surface modes of transportation in a state along the US-Canada border and did not pass through a customs port of entry in Florida.

Source: Statistics Canada, Trade Stats Express, US Census Bureau-U. S. Exports of Goods by State

Figure 1: Trade Balance between Florida and Canada, USD Billions

Chart showing Trade Balance between Florida and Canada, USD Billions

To put these numbers in perspective, it is helpful to compare Canada to other leading Florida trade partners. With $3.5 billion in Florida exports flowing to Canada in 2016, Canada ranks second among the top export markets for Florida, just slightly behind Brazil. Canada initially surpassed Switzerland for the number two spot in 2013 when imports from Florida fell after the price of gold peaked in July of 2011 and subsequently fellFootnote 1. The Canadian government reports that 620,200 Florida jobs depend on trade with Canada, Footnote 2 making it a cornerstone of the Florida export sector.

While Canada’s imports from Florida contracted at a 2013-2016 CAGR of -7.6%, exports to other important trade partners such as Brazil and Colombia’s contracted as well (-12.2% and -12.9% respectively). Colombia and Brazil are likely to rival Canada as Florida’s top export markets going forward.

Figure 2 : Florida's Top Five Export Markets, USD Billions, 2006-2016

Chart showing Florida's Top Five Export Markets, USD Billions, 2006-2016

Source: Trade Stats Express-State Export Data, International Trade Administration

Table 3 : Florida's Top Ten Export Markets, 2016
Total exportsUSD billions, 2016
Dominican Republic$1.7
United Arab Emirates$1.5

Trade between Florida and Canada remains highly diversified, enabling multiple sectors of Florida’s economy to benefit from the Canada-Florida relationship. In 2016, the largest product category of Canadian exports to Florida were returned exports (HS Code 98), making up 14% of total exports. The Special Classification Provision (98) chapter of the United States Harmonized Tariff Schedule covers areas such as repaired imports, charity items, military apparel, Government imports, religious and education items, and duty-free goods. The top category within the Classification at the HS6 level, “Imports Of Articles Exported & Returned, No Change”, suggests that the returned exports are not involved in any cross border value-add manufacturing under NAFTA. Other top product categories include heavy machinery, electrical machinery, furniture and petroleum products. Notable among the top ten product categories for growth between 2013 and 2016 were pharmaceutical products, fertilizers, and furniture.

Table 4: Top Ten Canada Merchandise Exports to Florida by Category, 2016
Product CategoryTotal exports, USD millions% of total exports2013-2016 growth, %
Special Classification Provisions$52912%18%
Nuclear Reactors, Boilers, Machinery Etc.; Parts$50712%5%
Furniture; Bedding; Lamps; Prefab Beds$2596%14%
Aircraft, Spacecraft, And Parts Thereof$2486%7%
Mineral Fuel, Oil Etc.; Bitumen Subst; Mineral Wax$2416%-37%
Electric Machinery; Sound Equip; TV Equip; Parts$2225%-3%
Wood And Articles Of Wood; Wood Charcoal$1844%6%
Pharmaceutical Products$1514%23%
Vehicles, Except Railway Or Tramway, And Parts Etc$1323%11%
Total product categories$4,2931100%14%
1 Statistics Canada reports 2016 Canada exports to Florida as $4.5 billion, while the US Census Bureau reports them to be $4.2 billion.

Source: US Dept. of Commerce, Statistics Canada

Florida exports to Canada are similarly diversified, with the top product category, electric machinery, representing 12% of total exports. While machinery and high-tech goods are featured in Florida’s exports to Canada, produce and food products are also strongly represented. Large export categories include $393 million in nuclear reactors and boilers, $325 million in fertilizers, $294 million in pharmaceuticals and $190 million in edible vegetables and roots.

Table 5: Top Ten Florida Merchandise Exports to Canada by Category, 2016
Product categoriesTotal exports, USD millions% of total exports2013-2016 growth, %
Nuclear Reactors, Boilers, Machinery Etc.; Parts$46413%3%
Electric Machinery Etc; Sound Equip; TV Equip; Parts$37311%-12%
Aircraft, Spacecraft, And Parts Thereof$3279%6%
Optic, Photo Etc, Medic Or Surgical Instruments Etc$2738%0%
Edible Vegetables & Certain Roots & Tubers$2066%-5%
Edible Fruit & Nuts; Citrus Fruit Or Melon Peel$1976%-9%
Vehicles, Except Railway Or Tramway, And Parts Etc$893%-23%
Essential Oils Etc; Perfumery, Cosmetic Etc Preps$802%2%
Total product categories$3,5011100%-7.6%
1 Statistics Canada reports 2016 Florida exports to Canada as $2.7 billion, while the US Census Bureau reports them to be $3.5 billion.

Source: US Dept. of Commerce, Statistics Canada


According to data published by Enterprise Florida, of all goods exported from Florida in 2016, 77% are classified as Florida-origin goods, meaning 23% of Florida's exports originate as products from out of the state. Florida-origin goods are a combination of manufactured goods and raw materials such as agricultural produce. 93% of Florida-origin exports are of manufactured goods, while 37% of all manufactured goods produced in Florida are exported. Overall Florida-manufactured exports have grown 93% between 2000 and 2016. The close integration of many Canadian and Floridian companies means that considerable Canadian value-add is incorporated into Florida-origin goods, and vice versa. Additionally, a significant proportion of Canadian exports to Latin America and the Caribbean are trans-shipped through Florida ports. Unfortunately, there is no current data describing this traffic.

Florida is also a common stopover location for merchandise trade arriving from or on their way to a third trading partner. In 2016, 23% of Florida’s exports were non-Florida origin, meaning they were imported and re-exported without any changes made to them on their route to their final destination. The Port of Miami is undertaking an initiative to increase transshipment volume in South Florida. In November 2013, Port Miami and Port Miami Customs and Border Protection established a Transshipment Committee, with the mission to promote and grow the port as a hub for transshipments in the Americas. Prior to 9/11, transshipment accounted for 20% of the port’s business, but thanks to rising costs associated with increased security and tighter customs regulations, the port had lost business to nearby foreign ports. The Port of Tampa continues to specialize in north-south transshipment since, for many companies in the North America, it is often more cost-effective to truck goods to Tampa rather than South Florida. Tampa is making a concerted effort to open up new trade channels, including increased air and shipping channels to Latin America, the Caribbean, and Asia.

In 2012Footnote 3, the US Bureau of Transportation Statistics reported that $1.2 billion worth of goods shipped between Florida and countries outside of North America passed through Canada on their way to their final destination. This made up less than one percent of Florida’s total trade, meaning that Canada is not a significant transshipment location for Florida goods. However, industry observers believe that a significant amount of Canada goods bound for Latin America and the Caribbean travels through Florida ports, which function as a gateway to its southern neighbors. Unfortunately, the US Bureau of Transportation Statistics only reports transshipment data when the US is either the ultimate origin or destination, not when it is the stopover location for goods in transit, so the significance of Florida to Canada’s transshipment trade cannot be ascertained. However, one can reasonable assume the trend of Canada as a pass-through for goods headed to Florida as a final destination continues to be minimal.

Integrated Trade

Freer trade between the US and Canada has led to deeper economic integration and dependence. The passing of NAFTA and increasing trade flows between the US and Canada has driven increases in inter-industry trade, as companies rely more heavily on other firms in the same industry as part of their supply chains and distribution networks. Under NAFTA, bilateral trade between Canada and the US has grown 4% annually on average between 1994 and 2016, soundly outpacing economic growth and proving that efficiencies through industry specialization and supply chain linkages can extend across a well-managed border. Thanks to this open trade border, Florida and Canada have been able to enjoy the benefits of economic integration.

Florida and Canada share five of their ten top export categories: nuclear reactors, electrical machinery, fertilizers, vehicles and aircraft. This indicates that specialized companies in one market are supplying companies in the same field in the partner market. According to US Census Trade Data, Florida’s strong suit is nuclear reactors, electrical equipment & machinery, and fertilizers, while Canadian exporters possess a comparative strength in specific products such as mineral fuel and wood products. Examples of integration include Canadian exports of organic chemicals used in Florida as fertilizers and pharmaceutical manufacturing, with the subsequent sales back to Canada.

As represented in Table 6, there are 10 industries that represent significant trade integration, exhibiting Florida-Canada trade ratios of between 80%-119%. A ratio close to 100% means that a similar volume of goods is being traded to and from both markets. This signifies a high level of integration, as exports from Canada or Florida supply value-add manufacturers across the border, who in turn export the finished goods back to Canada or Florida. In contrast, an exceedingly high Florida/Canada ratio in Table 6 indicates a relative specialization among Florida exporters and a lack of integration with Canadian suppliers. Similarly, a Florida/Canada ratio approaching 0% signifies high specialization on the Canadian side of the trade relationship.

Table 6: Florida-Canada Integrated Trade
Product categoryFlorida exports, USDCanada exports, USDFlorida/Canada ratio
Soap; Waxes, Polish; Candles; Dental Preps$15,415,938.00$12,918,670.00119%
Products Of Animal Origin$1,020,911.00$878,703.00116%
Carpets And Other Textile Floor Coverings$1,313,191.00$1,168,921.00112%
Musical Instruments$731,743.00$670,406.00109%
Nuclear Reactors, Boilers, Machinery$464,175,002.00$507,417,005.0091%
Miscellaneous Edible Preparations$19,703,028.00$21,899,513.0090%
Miscellaneous Manufactured Articles$4,227,211.00$4,799,039.0088%
Toys, Games & Sport Equipment; Parts & Accessories$16,134,674.00$20,071,195.0080%

Source: US Dept. of Commerce

Spotlight on Aerospace

Aerospace is perhaps one of Florida’s most dynamic industries. Florida is home to over 2,100 aviation and aerospace companies, with significant clusters in South Florida, Cape Canaveral, and the Tampa Area and smaller clusters around Air & Naval bases. Leading aviation multi-nationals, including Lockheed Martin, CAE, Heico, and Embraer have operations in the state, employing almost 90,000 Floridians.

South Florida’s total exports of air craft and parts grew 12.5% year-over-year in 2016, with the category remaining the South Florida’s leading export to the world. This is driven in large part by Latin America’s growing passenger and cargo demands as well as military contracts.

With Canada exporting $248 million in aircrafts and parts to Florida in 2016, a significant amount of Canada value is added into Florida’s aerospace manufacturing and assembly sector. Additionally, Florida’s aerospace exports to Canada totaled $327 million in 2016, demonstrating that this industry in these two markets is highly integrated. Just as aircraft assemblers located in Florida look to Canadian parts suppliers to feed their production, Canadian companies depend on Florida to boost their US and Latin American sales.

Flight training and MRO (maintenance, repair and overhaul) are key portions of Florida’s aerospace sector, and Canadian companies participate heavily in Florida’s MRO industry. Canadian aerospace leaders Bombardier and as well as Toronto Sky Aviation have MRO operations in South Florida, servicing the area’s bevy of passenger and cargo airlines. CAE, a Canadian provider of flight modeling, simulation technologies and training systems, operates a training and simulation center serving the US, and Latin America out of the Tampa area. Finally, Canadian airlines such as Air Canada, WestJet, AirTransat, Sunwing, and Porter connect Florida with Canada, with several taking advantage of the state’s MRO and airport hubs to service their aircrafts. Within aerospace, the various sectors of engineering, manufacturing, and assembly, MRO are highly intertwined, with Canadian and Florida companies working in partnership.

Complimentary Trade

While Florida and Canadian exports are highly integrated, specialized exporters benefit from the Canada-Florida relationship by satisfying otherwise unmet demand in the partner market. Of Florida’s 10 most specialized export categories, eight of them are agricultural/animal products. Agricultural and processed foods make up 21% of Florida’s total exports to Canada, while Canada’s agricultural exports to Florida represent only 18% of the total.

Table 7: Florida's Top 10 Most Specialized Exports, 2016
Product categoryFlorida exports, USDCanada exports, USDFlorida/Canada ratio
Ores, Slag And Ash$1,622,061.00$3,354.0048,362%
Raw Hides And Skins (no Furskins) And Leather$386,036.00$3,380.0011,421%
Cotton, Including Yarn And Woven Fabric Thereof$274,017.00$8,093.0033,86%
Footwear, Gaiters Etc. And Parts Thereof$4,849,390.00$154,692.003,135%
Leather Art; Saddlery; Handbags$60,094,072.00$2,367,292.002,539%
Silk, Including Yarns And Woven Fabric Thereof$5,894.00$300.001,965%
Furskins And Artificial Fur; Manufactures Thereof$489,092.00$28,652.001,707%
Edible Fruit & Nuts; Citrus Fruit Or Melon Peel$197,077,912.00$18,719,185.001,053%
Vegetable Plaiting Materials & Products$130,790.00$13,383.00977%
Wood Pulp Etc; Recovered (Waste & Scrap)$58,195,635.00$7,337,850.00793%

Source: US Dept. of Commerce, Statistics Canada

While Florida’s specialized exports are based on agriculture, Canada’s in general are mostly natural resources such as petroleum, minerals and wood. As observed earlier, the Special Classification Provisions group of goods has made a dramatic rebound in 2016, representing the largest goods group by dollar value among Canada’s top-10 most specialized exports. Canada’s second largest specialized export in 2016 were furniture goods, having grown at a CAGR of 10.5% between 2010 and 2016 and consistently in Canada’s top 10 overall exports to Florida during that time. As a group, natural resource products (excluding agricultural products) account for 21% of Canada’s exports to Florida, compared to Florida’s 7% of exports to Canada

Spotlight on Agriculture

Florida gained fame around the world as an agricultural powerhouse when orange farmers realized it was one of the only places in the United States where oranges could be grown year-round. Since then, Florida has become synonymous with orange juice and is recognized as a national leader in agriculture. Florida is the leading state in the US for orange, grapefruit and sugarcane production, number two in strawberries and bell peppers, and lastly number three in cabbage and honey. According to the US Department of Agriculture, total Florida agricultural sales equaled $8.3 billion in 2015, representing 1.6% growth since 2010.

Florida exports almost half of its total agricultural production, equivalent to $4.04 billion. Canada remains the largest international consumer of Florida's produce, importing over $874 million, or 22% of Florida's agricultural exports. Located within a 48-hour trucking distance, consumers in southern Ontario and SW Quebec have easy access to exports of perishable fruits from Florida. With Canada’s short growing season, Florida’s winter and spring crops are popular agricultural products for Canadian buyers. For example, Canadian consumers purchased most of Florida’s orange and tangerine fruit exports in the 2015-2016 season.

Canada’s agricultural sector is also significant, accounting for an estimated 1.7% of GDP, equivalent to $27.8 billion in 2016. However, Canada’s agricultural strengths are narrow, specifically in livestock and livestock products, and grains, such as canola, wheat, and soy. Canada is a large exporter of both grains and livestock but also a large importer of many other processed food stuffs such as wine, baked goods, and prepared beverages.

Given Florida’s favorable growing conditions, several Canadian agricultural producers and agricultural industry suppliers have invested in the Sunshine state. Examples include Canadian growers Veg Pro International and David Oppenheimer & Co., and suppliers of fertilizer and pesticides, Crop Production Services and Agrium Advanced Technologies.

An illustrated example of the broader agriculture integration between the US and Canada can be found in Figure 20 in the Annex of this document.

Table 8: Canada's Top 10 Most Specialized Exports
Product categoryFlorida exports, USDCanada exports, USDFlorida/Canada ratio
Oil Seeds Etc.;Grain, Seed, Fruit, Plant$3,471,815.00$21,693,300.0016%
Meat And Edible Meat Offal$8,969,016.00$60,006,123.0015%
Furniture; Bedding; Lamps; Prefab Bedding$31,235,091.00$259,522,126.0012%
Special Classification Provisions$64,054,587.00$592,119,301.0011%
Salt; Sulfur; Earth & Stone; Lime & Cement Plaster$2,977,256.00$29,181,793.0010%
Milling Products; Malt; Starch; Inulin; Wheat Gluten$680,724.00$11,417,764.006%
Prep Cereal, Flour, Starch Or Milk; Bakers Wares$4,794,533.00$123,261,368.004%
Wood And Articles Of Wood; Wood Charcoal$4,630,136.00$184,207,852.003%
Mineral Fuel, Oil Etc.; Bitumen Subst; Mineral Wax$4,248,460.00$241,131,909.002%

Source: Statistics Canada

Professional Services

Merchandise represents the bulk of trade between Canada and Florida, but services also are a significant part of this relationship. Canada’s service exports with the world totaled US$78.9 billion in 2016, 55% of which were to the United States, with management, financial, architectural and engineering services as the leading sectors. While there is no concrete data available on how Canadian service exports breakdown by state, Canadian companies have a strong presence in Florida’s service sector.

Canadian service providers in Florida are strongest in the financial, engineering, clean technology, construction, architectural, and transportation industries. Star performers are TD Bank with 98 branches around the state, Bombardier, a global leader aerospace engineering services, Colliers, an international real estate group, and Stantec and SNC Lavalin, leading engineer firms with presence in eight Florida cities.

A list of leading Canadian companies in the Florida professional services sector can be found in the Annex.

Spotlight on Engineering Services – SNC-Lavalin (Atkins), Hatch & Others

It could be argued that engineering firms are the strongest of all Canadian service providers in Florida, as evidenced by the number of companies (40+) with presence in the state. A new entrant to Florida’s engineering services sector is SNC Lavalin, a Montreal-based engineering services and construction management firm specializing in the areas of oil & gas, mining, infrastructure, and power. Founded in 1911, the company has projects and offices across North America, Europe, Latin America and Africa.

In 2017, SNC Lavalin made two major acquisitions that brought the company to the state as a significant investor. In July, 2017 SNC acquired its UK-based rival, Atkins which included 13 offices in Florida including Atkins’ North America Headquarters in Tampa. The acquisition totaled $2.9 billion and is yet another sign of increasing consolidation in the engineering and architectural services industry. Another large Canadian engineering firm in Florida, Hatch, entered Tampa in a similar manner. The company entered the state in 2006 with English company Mott MacDonald upon the acquisition of an Australian waste water treatment company. Currently, Hatch’s offices in Tampa focuses on two main business lines: phosphate mining and municipal water infrastructure.

SNC Lavalin’s investment in the state of Florida did not stop with its acquisition of Atkins. In October of 2017, the company announced it was acquiring Orlando-based Data Transfer Solutions, a developer and provider of asset management, geographic information systems (GIS) and transportation planning software solutions. Data Transfer Solutions’ portfolio is mainly geared towards government and transportation providers, but its asset management and GIS solutions provide a perfect complement to an engineering and construction services firm. As such, SNC Lavalin intends to enhance “service offerings in digital asset management for clients” and enhance the efficiency of their service delivery across their core sectors.

With the dual acquisition of Atkins and Data Transfer Solutions, SNC Lavalin is marking a large presence in the state behind both large and small business, as well as traditional and tech-oriented service providers. It is expected that SNC Lavalin will maintain the Tampa office of Atkins as some form of headquarters, and, in conjunction with the acquisition of Data Transfer Solutions, will bring new meaning to the “high-tech corridor” between Tampa and Orlando.

SNC Lavalin joins a cadre of other engineering firms in the state and a smaller pool of Canadian engineering firms with presence in Florida including Stantec, CAE USA, and Parsons Brinkerhoff.


Spotlight on Clean/Sustainable Technology – Pure Technologies

As a net exporter of oil and gas, with expertise in natural resource management, and a leader in green technology, Canada has a serious competitive advantage over other countries that are inexperienced in clean/sustainable technology. Several Canadian clean tech/engineering firms have penetrated the US market and are attracted to Florida because of the unique environmental challenges it presents.

Pure Technologies, headquartered in Calgary, Alberta, is a global leader in the inspection and monitoring of water and oil and gas pipelines and bridges. Using propriety technology, the company evaluates the condition of water infrastructure such as pipelines, identify any structural deficiencies, and provide recommendations on how to repair, rebuild, or remove it.

Pure Technologies entered Florida in 2010, in order to take advantage of the state’s growing population and consequent changes in urban development. It established its state headquarters in Miami, and currently the office oversees all Florida operations. Other offices across the US and Canada include Texas, California, Edmonton, and Mississauga.

In January 2018 Pure Technologies was acquired by Xylem Inc., another water technology and transportation service provider based in Rye Brook, New York. The acquisition follows an exclusive commercial partnership where Xylem represented Pure Technologies’ products and services in emerging markets such as the Middle East, India and Southeast Asia. Pure Technologies remains an independent company under the Xylem family.

Table of Contents

Investment and Employment

Table 9: Florida's Top Ten Foreign Investors, Number of Affiliates with Presence in Florida, 2016
Country of originNumber of subsidiaries present in Florida
United Kingdom636

Source: Enterprise Florida


Florida is home to almost 500 Canadian companies, making Canada among the largest foreign investors in Florida. A scan of the Florida Dept. of State’s Division of Corporations database yields more than 1,236 businesses with a Canadian Primary Address. Analysis of the breakdown among the listed companies reveals a sizable portion of Canadian businesses are filed as Limited Liability Companies or Limited Partnerships suggesting that these are companies filed to handle the US real estate assets of Snowbirds and other Canadians in the state. As such, their incorporated businesses are not considered in this study as a Canadian business in these estimates but is indicative of the broader impact Canadians have in Florida’s economy.

Canadian affiliates are concentrated across central and southern Florida, with 37% of affiliates located in the southeast, tri-county area of Miami-Dade, Broward, and Palm Beach counties. 25% of affiliates are located in the Tampa region comprising of Citrus, Hernando, Hillsborough, Manatee, Pasco, Pinellas, Polk and Sumter county. 19% of affiliates are located in and around the Orlando-Daytona Beach area. An additional 11% are located across from Northeast Florida (Jacksonville and Duval County) to the panhandle, with the remaining regions representing 8%.

Figure 3: Canadian Subsidiaries in Florida by County, 2016

Map showing Canadian Subsidiaries in Florida by County, 2016

Source: Enterprise Florida


% of Total Canadian Affiliates in Florida, Number of Canadian Affiliates

Chart showing Percentage of Total Canadian Affiliates in Florida, Number of Canadian Affiliates

Source: Enterprise Florida

Canadian trade and investment in the state is responsible for an estimated 620,200 jobs in Florida, as reported by Dun & Bradstreet.Footnote 4 This accounts for 6.4% of all employment generated in Florida, according to the Florida Department of Labor. Enterprise Florida estimates that as of 2014, 34,300 jobs were generated by Canadian FDI, second to the United Kingdom’s 51,400.Footnote 5 A total of 955,500 jobs in Florida are supported by FDI and global investment, meaning that the estimated 620,200 jobs generated by Canadian investment and trade account for 65% of the estimated employment generated by all FDI in Florida.

Canadian affiliates are distributed among a wide range of industries, although the service industry is where Canadian companies are most concentrated. The top industry for Canadian affiliates includes financial services, representing 25% of the total affiliates in Florida. This is owing in large part to TD Bank, with over 90 branches in the state. Other services, including healthcare, business & professional services such as management consulting, advertising, legal counsel, as well as engineering, architecture, construction and real estate, together account for 37% of Canadian affiliates. Within manufacturing, the third largest industry category, heavy manufacturing such as machinery, vehicle and aerospace parts are well represented, but also lower value-added manufacturing, such as cement, brick, and paper processing.

Select examples of cross-border direct investment between Florida and Canada can be found in Figure 21 and Figure 22 in the Annex of this document.

Figure 4: Canadian Affiliates by Industry, 2016

Chart showing Canadian Affiliates by Industry, 2016

Source: Enterprise Florida

Financial Services

Canadian companies are well represented in the financial services sector, especially in commercial banking. Several Canadian commercial banks have retail branches in Florida, including TD Bank, BMO Harris Bank, Desjardins, and the National Bank of Canada (NAT Bank). TD Bank is by far the largest, with 39 branches in South Florida (south of Vero Beach), 44 in Central Florida, and 15 in the North Central and Jacksonville area. BMO Harris Bank is present in Central Florida and Tampa, and Desjardins and NAT Bank are present only in South East Florida,
serving the niche market of the area’s French-Canadian population.

RBC Bank once held a large retail presence in Florida but was absorbed into PNC Bank’s branch network following its 2011 acquisition for $3.45 billion. RBC, along with Scotiabank, currently operate a small office in South Florida overseeing wealth management and trust services, to clients in Latin America and the Caribbean.

Canadian banks are particularly drawn to South Florida for the local and international opportunities it offers. Banks are interested not only in providing commercial and retails services to consumers and businesses but also taking advantage of opportunities in Latin America, such as trade finance, private banking and South Florida’s dynamic real estate market.

Spotlight on Financial Services – Desjardins Bank in South Florida

Desjardins Bank is among Canada’s top ten commercial banks and is the largest in the Province of Quebec. Desjardins arrived in Hallandale Breach, Florida in 1992, with the sole purpose of serving South Florida’s French-Canadian population. Today, Desjardins has three branches in Broward County and one in Palm Beach County, opened in 2016.

In Florida, Desjardins has more than 26,000 customers and is growing at a net rate of 1,000 accounts annually. 96% of the bank’s customers are Canadian, of whom a large majority (90%) hail from Quebec. The bank’s main mission is to serve Desjardins customers in Canada who visit Florida and need easy access to their funds during their stay.

Desjardins offers basic banking services such as checking and savings accounts, mortgages, wire transfers, online banking and currency exchange. It also serves many local business, 96% of the banks commercial customers are Canadian. Serving primarily a niche-market of French-speaking Canadians, all of the bank’s employees across its four branches speak both French and English.

Both the National Bank of Canada (NAT Bank) and Desjardins Bank have been expanding in Southeast Florida, both recently opening branches in Palm Beach. Though TD Bank’s services are not specialized toward the Canadian Francophone community like those of NAT Bank and Desjardin’s, it’s rapid expansion and diversification to include local Floridians as its customers has made it a formidable competitor

Both Desjardins and NAT Bank are highly affected by the seasonal traffic of Canadians in Florida. The average profile of a Desjardins customer is a 64-year-old retiree who spends three to four months on-average in Florida from November to April, with a peak between January and April. As a result, Desjardins reported that their transaction volume fluctuates from 4,000 transactions monthly in the winter and falls to 800 transactions per month during the summer.

The bank’s current president stated that the bank’s business is dependent on the exchange rate between the Canadian and US dollar. With the aggressive appreciation of the US Dollar against the Canadian Dollar, and the bank is already seeing customers “staying less, spending less and just parking money in the bank”. The exchange rate also has a large effect on the bank’s mortgage business. The President further indicated that mortgages and investment loans for properties remains a good business despite an unfavorable F/X. This has been driven by the booming housing market in Canada that is driving more Canadians to selling their homes and expanding their assets in the United States and Florida.

The President also commented that overall, Florida offers a very friendly business environment and an optimistic future. Housing values and sales are picking up again, population in the state is growing, there is a high rate of new building development, and economic growth in the state remains promising.

Tampa-Hillsborough Area

The Tampa Bay region is the second largest metropolis in Florida, behind the tri-county area of Miami Dade-Broward-Palm Beach, making it an attractive location for foreign investors. Drawn by the low cost of doing business, its central location, climate, and quality of infrastructure, Hillsborough County hosts 81 Canadian affiliates, as of 2017. The greater Tampa metro region is home to over 150 Canadian companies and affiliates Footnote 6.

Among Canadian companies located in the Tampa Bay Metropolitan area, financial services is the strongest industry, particularly banking and insurance. Utilities has risen to the second largest Canadian industry in the area following the acquisition of Tampa Electric and TECO by Nova Scotia based Emera. Manufacturing remains a staple industry, mainly aerospace and medical devices. The Tampa area’s relatively cheaper cost of land benefits not just capital-intensive industries such as manufacturing but also lower-barrier sectors such as banking where rapid branch and office expansion play a key role in market share acquisition. Tampa also offer’s excellent connectivity to the rest of the state and the US through the I-4 and I-75 corridors, Tampa International Airport, and the Port of Tampa. Wholesale trade, mainly in chemicals, fabricated metals, hardware and electronics, is the fourth largest industry for Canadian companies in Tampa, followed by professional services.

Figure 5: Tampa Bay Metro Area Canadian Companies by County, Number of Companies, 2016

Chart showing Tampa Bay Metro Area Canadian Companies by County, Number of Companies, 2016

Source: Enterprise Florida

Figure 6: Canadian Companies and Affiliates in the Tampa Bay Metropolitan Region by Industry (2 Digit NAICS), % of Companies, 2016

Chart showing Canadian Companies and Affiliates in the Tampa Bay Metropolitan Region by Industry (2 digit NAICS), Percentage  of Companies, 2016

Source: Enterprise Florida

According to the Tampa Bay Partnership’s Director of Research David Sobush, the top reason for companies establishing operations in the area has been the city’s central location in Florida, important linkages to key transportation infrastructure, quality of workforce and a low cost of doing business. Compared to Miami-Dade, Tampa is often a preferred location for companies trucking goods from the north for shipment overseas. Additionally, the Interstate 4 corridor, historically known as the “high tech corridor,” is a major artery connecting Tampa to the east coast of Florida, facilitating the movement of all manner of goods between Tampa, Orlando, Daytona, and Cape Canaveral. Access to the I-4 and I-75 corridors provide Tampa with immediate access to other markets across the state and deeper integration into the Florida economy.

Tampa’s Free Trade Zone, which has expanded to include Hillsborough, Polk, Lake, and Pinellas counties, continues to draw companies to Tampa as a prime transshipment location in Florida. With 19 designated zone sites, the Tampa FTZ allows companies to import, house, and re-export goods without having to pay import duties. The Port of Tampa, Florida’s largest, handles a diversity of cargo including liquid, dry and break bulk as well as Roll-On Roll-Off (Ro-Ro) cargo, meaning it is more than capable of handling the rapid movement of goods for import and export.

Though wholesale trade is only the fourth largest industry among Canadian companies in the area, according to the US Census the sub-sector of chemical production represents 66% of all Tampa area exports to Canada. Chemical production includes products such as mineral and chemical fertilizers used mainly in agriculture. In comparison to Tampa’s total exports, exports to Canada are representative of the whole with 75% of Tampa’s total exports in 2016 comprised by fertilizers and other chemical products. To stress the importance of the linkage between Canada and the Tampa area, the four Congressional districts comprising the Tampa area are the top exporting districts to Canada among Florida’s 27 districts. These four districts together account for 22% of all of Florida’s exports to Canada.

A list of select Canadian companies present in the Tampa Bay Metropolitan area can be found in the Annex.

South Florida as a Gateway to Latin America

Between Miami International Airport, Port Miami and Port Everglades, South Florida is considered to be an international logistics hub primarily facilitating trade and investment with Latin America. With close proximity to Latin America, superb logistics connectivity with the region and a large, well-educated Latin American workforce, South Florida is considered globally to be the primary international gateway to Latin America.

Eight out of ten of Miami’s top 10 export markets are Latin American countries, championed by Brazil, Venezuela and Colombia. Trade with Latin America makes up 79% of all of the Miami-Dade custom district’s international trade, Footnote 7 valued at $44.5 billion in 2016. Manufactured goods such as aircraft and automobile parts along with high tech goods, such as computers and mobile phones, and telecommunications equipment are the largest and fastest growing exports out of the customs district to the region.

This intimate trade relationship with Latin America is facilitated by South Florida’s logistics sector which is uniquely oriented toward Latin America. Miami International Airport is the largest international air cargo airport in the United States, transporting 1.89 million US tons of cargo in 2016, 76% of which represents trade with Latin America. With more than 195,000 international flights annually and non-stop service to 75 Latin American cities, Miami exporters can get goods to anywhere in the region in one day’s time. Likewise, South Florida’s ports are also highly integrated with Latin America. The dredging of Port Miami to accommodate post-Panamax ships, completed in 2015, has already increase the port’s cargo handling by 1.9% y-o-y, especially cargos originating or destined for Latin America and Caribbean countries.

South Florida is also unique thanks to its large and well-educated Latin American and Hispanic workforce. Miami-Dade is home to 1.3 million Latin American-born residents, and 1.5 million Miamians are Spanish speakers. This allows companies interested in doing business with Latin America to hire employees who are either originally from or have connections to main export markets in the region, which overcomes language barriers and breaks down cultural obstacles.

For these reasons, South Florida is a bustling Latin America business hub, home to over 1400 multinational headquarters, more than 80 of which oversee Latin America. Canadian companies and others come to South Florida to manage Latin America sales, marketing, human resources, and finance, as well as to house their export logistics to Latin America and the Caribbean. Canadian companies with Latin American headquarters in South Florida are concentrated in the logistics and telecom sectors, among others.

Canadian companies who are interested in entering Latin America and are looking for guidance on how to do so may be interested in the Consulate General’s Canadian Accelerator Program. The program encourages companies to consider foreign markets, such as Florida, Latin America and the Caribbean, as low-cost, strategic locations to begin penetrating new markets. Companies may participate in the program either personally through personal visits, or virtually. The program also offers mentoring, and workspace in foreign markets as well as introductions to potential partners, investors and customers. For more information and instructions on how to apply to the program, please visit

More recently, International Trade Minister Francois-Philippe Champagne rolled out a new investment agency called, Invest in Canada , designed to promote Canada as a destination for foreign investments.

For more information on Invest in Canada, please visit

A list of select Canadian companies with Latin American headquarters located in South Florida can be found in the Annex.

Table of Contents

Real Estate


Thanks to Florida’s warm climate, alluring coastline and affordable property values, the state’s real estate market has been attractive to foreign buyers for several decades. On a national scale, international clients account for 10% of the dollar volume of residential real estate sales, while within Florida, the share of properties sold to international clients was 22% in 2017. Between 2012 and 2015, the share of international buyers purchasing property in Florida fell before rebounding to 2017 levels. In 2017, international buyers represented $33.6 billion worth of purchases in the state of Florida.

The financial crisis of 2008 hit Florida homeowners hard, and property values fell dramatically. Since then, however, the residential real estate market in the state has been recuperating steadily, with residential sales growing at 6.7% CAGR from 2014 to 2016. This continues to be driven by a diverse base of international clients who continue to scoop up Florida properties. Despite the headwinds of an appreciating US Dollar and rising home prices in the state of Florida, Canadians continue to overwhelmingly favor Florida’s real estate market. According to the National Realtors Association, Canadians purchased an estimated $19.0 billion worth of US properties in 2017. An estimated 37% of Canadian real estate purchases in the US were in Florida, representing an estimated $7.0 billion worth of real estate.

Table 10: Overview of Florida's Residential Real Estate Sales, 2015 - 2017
YearTotal Florida residential real estate sales, USD billionsResidential real estate sales to international customers, USD billions% of total sales going to international customers% of Canadians purchasing Florida real estate

Source: National Realtors Association

Canadians dominated Florida’s foreign property sales, representing the single largest nationality among international clients in the state. Canadians widely purchase property in Florida to use as a vacation home, while Latin Americans, such as Argentines and Venezuelans, use Florida real estate as ways to stabilize the value of their assets in the face of fluctuating currency value. Homes bought by Latin Americans may be rented out but, in many cases, they remain vacant.

Figure 7: Top 10 Nationalities of International Residential Real Estate Purchases within Florida, % of Total International Sales, 2017

Chart showing Top 10 Nationalities of International Residential Real Estate Purchases within Florida, Percentage of Total International Sales, 2017

Source: National Realtors Association


Cash transactions are the dominant form of financing for Canadian real estate purchasers, accounting for 86% of their transactions in 2017. Overall, international clients are starting to favor more expensive properties; in 2017, the median price of a home in Florida was $259,400, up 2.7% from 2016’s median price of $252,500. Median prices among Canadian purchasers inched up to $232,500, an increase of 5.5% over 2016 and 23% higher than 2015’s median price of $189,000.

Overview of Canadian Real Estate Buyers

In 2017, according to the National Realtors Association, Canadian real estate purchases totaled $19.0 billion in the United States. Purchases of Florida properties represented an estimated 37% of Canadian real estate acquisitions in 2017, equivalent to more than $7.0 billion. Canadian real estate investment in Florida is sensitive to the value of the Canadian dollar, which hovered close to $1 USD since 2008 but has quickly depreciated 29% relative to the US Dollar. Historically, the near parity helped Canadian purchases of real estate to remain at 30%+ of total international sales since between 2010 and 2012. However, booming real estate sales and prices, coupled with a fall in monthly inventories since 2012 is leading several Canadians to sell their primary homes and relocate to US destinations, including Florida.

Figure 8: Value of the Canadian Dollar, USD, 2010-2016

Chart showing Value of the Canadian Dollar, USD, 2010-2016

Source: United States Internal Revenue Service

Figure 9: Florida Real Estate Purchases by Canadians, USD Billions

Chart showing Florida Real Estate Purchases by Canadians, USD Billions

Source: National Realtors Association

“Snowbirds” refer to retired or semi-retired people who live away from their northern homes during significant portions of each winter and represent a large share of Florida’s real estate market. The Canadian Snowbirds Association estimates that at least 350,000 Canadians spend from three to six months in Florida, while upwards of 100,000 more spend between one and three months in the state. Among these part-time Florida residents, an “overwhelming majority,” likely 8 out of 10, own property in Florida, and their numbers are growing.

Canadians are currently an aging population, and according to Statistics Canada, the number of Canadians aged 65 to 74 is forecasted to grow at least 36% between 2016 and 2036 (1.6% CAGR), with a more liberal forecast anticipating growth of 47% (1.9% CAGR) over the same time period. As a result, the number of snowbirds traveling to Florida can be expected to grow steadily, particularly if foreign exchange and housing market dynamics hold.

The effects of Canada’s growing snowbird population in Florida can be observed in the real estate market. Snowbirds are largely retirees, aged 60 and up, who are on a fixed income and are sensitive to property taxes, condominium fees, out-of-pocket healthcare expenses etc. As a result, more and more Canadian residents in Florida are moving into retirement communities in less expensive areas of the state. Canadian buyers comprise the bulk of buyers in areas such as Cape Coral-Fort Myers, Naples-Immokalee-Marco Island, and North Point-Sarasota-Bradenton, ranging from 42% to 51%. In comparison to other large urban areas such as the Miami-Fort Lauderdale and Orlando-Kissimmee, Canadian buyers only represent 19% and 12%, respectively among other nationalities. That said, the majority of Canadians continue to purchase properties in the areas of Miami-Fort Lauderdale-West Palm Beach, Tampa-St. Petersburgh, and Cape Coral-Fort Myers.

Figure 10: Florida Residential Real Estate Purchases by Canadians by Region, % of Canadian Residential Real Estate Sales, 2017

Figure 10: Florida Residential Real Estate Purchases by Canadians by Region, Percentage of Canadian Residential Real Estate Sales, 2017

Source: National Realtors Association


While there is no reported data on the total portfolio value of property owned by Canadians, an estimate can be generated by using an average of the median value of properties purchased by Canadians since 2015, equal to $213,967. If up to 500,000 Canadians own residential property in Florida, and assuming that most homes are owned by couples, it can be estimated that the total value of Canadian residential property in Florida hovers around $53 billion.

Spotlight on Canadian Snowbird Association

The Canadian Snowbird Association (CSA) is a not-for-profit group whose mission is to advocate for the rights and privileges of Canadians travelling outside of Canada. Founded in 1992, the Association currently has over 110,000 members and lobbies the United States and Canadian governments on issues such as the permitted length of travel, property estate taxes, and healthcare, among others. The Association is also active in the organization of the Snowbird Extravaganza, an annual trade show in Lakeland, Florida that attracts 30,000-40,000 Canadian snowbirds and showcases local businesses that serve this niche market.

According to the Director of Research at the CSA, Evan Rachkovsky, the most pressing issue among snowbirds at the moment remains the amount of time the US Government allows Canadians to stay in the US, but increasingly the Snowbird Association is lobbying to have Snowbirds granted the same homestead exemption rate on their properties as their US citizen counterparts. As it stands, US law provides Canadians with a six-month visitation period that, if exceeded, results in heavy penalties. Among the penalties faced by Canadian citizens is "double-taxation" under both US and Canadian law. A Double-Taxation Agreement is currently in place under the US-Canada Tax Treaty, however it remains underused as Canadians must file two tax returns rather than one.

In July 2017, US Rep. Elise Stefanik (R-NY) and Rep. Ted Deutch (D-FL) introduced HR 3513 - The Canadian Snowbird Visa Act which extends the maximum legal stay of Canadian Snowbirds to 240 days (~8 months) out of the year and grants the person(s) nonresident alien tax status during their stay, allowing Snowbirds to legally stay in the US for an extended period of time and not expose themselves to the penalty of dual-taxation. The House Bill remains "introduced" in the House Judiciary and the House Ways & Means committee as of early 2017. Mr. Rachkovksy stated the CSA continues to actively work on pushing the bill through the US House.

The reforms implemented by the Canadian Snowbird Visa Act defines eligible Snowbirds as any Canadian citizen 50 years or older, that owns or rents US property during their stay in the United States. The extension of the "Snowbird Visa" from six to 8 months would translate to the Florida economy enjoying two additional months of spending that directly contribute to local businesses and local tax bases (in the form of sales taxes). Further, the extension of the Snowbird Visa could encourage more Canadian retirees to purchase a US or Florida property.

Using the average visit spent of Canadians in Florida during 2016 of $1,916 and the average visit duration of 21.5 days, we can estimate that on average, Canadians spend $88 per day in Florida. An extension of the time spent by the roughly 350,000 long-term snowbirds by 60 days would inject an additional $1.9 billion into the Florida economy.


Spotlight on Canadian Real Estate’s Tax Contribution

Canadians have on average accounted for 27% of all foreign buyers of real estate in the state of Florida, 8 percentage points above the national average of 19.1%. Because Florida has no state-level income tax, counties and municipalities derive a majority of their public revenue from property taxes, meaning Canadian property holders in the state make a significant contribution to their local tax base.

While the total number of properties owned by all Canadians in Florida is not tracked by any state, federal or Canadian agency, we can use our earlier estimate of Canadian property holdings in Florida to calculate annual contributions to state coffers from existing Canadian real estate holdings. Of Florida's 67 counties, 30 have property tax rates in excess of 1% with the rest having a tax rate below 1% of a property’s appraised value. State-wide, the average property tax rate is estimated to be <1.0% at 0.96%. Using the earlier estimate of $53 billion total land holdings by Canadians in Florida yields an average annual property tax contribution estimation of $508 million across all of Florida’s counties, cities, and municipalities.

In 2017, Canadians purchased an estimated gross amount of $7.0 billion worth of real estate in Florida. At an average property tax rate of 0.96%, new Canadian real estate buyers directly contributed an estimated $67.2 million to county property tax bases in 2017 alone.

An estimated 50% of new properties were purchased in either the tri-county area of Miami-Ft Lauderdale-Palm Beach or the Tampa-St. Petersburg-Clearwater area. Between these two metro areas, $3.5 billion worth of properties were purchased in 2017 representing an estimated $42.0 million yearly contribution to five county's revenues (Miami-Dade, Broward, Palm Beach, Hillsborough, & Pinellas). On average, this represents a 1% yearly contribution by Canadians across the five-county’s property tax bases.

Table of Contents


Canadian tourists represent a sizeable portion of Florida’s international tourism economy. Thanks to relative stability in the Canadian dollar and very favorable exchange rates between 2011 and 2013, Canadian tourists and snowbirds keep flocking to the Sunshine State in droves, recovering mightily since the 2008-2009 Recession. According to Visit Florida, in 2017, Florida received 3.5 million Canadian visitors, a figure that has grown overall 1.7% annually since 2010. Canadian visitors to the state did peak in 2013 at 4.1 million visitors and coincided with the near parity of the Canadian dollar with the US dollar at $1.07. According to Statistics Canada, in 2016, Canadians spent a total of 73.8 million nights in the state, a 37% increase since 2010. Likewise, Canadian’s total spend in 2016 of $6.5 billion dollars was an increase of 69% since 2010.

Figure 11: Canadian Visitors to Florida, Millions of Visitors

Chart showing Canadian Visitors to Florida, Millions of Visitors by Year

Source: Visit Florida

Figure 12: Canadian Tourism Spend in Florida, USD MillionsFootnote 8

Chart showing Canadian Tourism Spend in Florida, USD Millions by Year

Source: Statistics Canada

Table 11: Florida's Top Five International Tourism Markets, 2017
CountryMillions of Visitors

Source: Visit Florida

Canadians continue to spend more time in Florida than any other state in the US, thanks in large part to Canadian snowbirds. Canadians stayed in Florida an average of 21.5 days per visit, a full 5 days more than Arizona (16.7 days), another popular snowbird destination. This is compared to a national averageFootnote 9 of 7.4 nights per visit, 9.9 nights in California and 3.5 nights in New York.

Considering these impressive numbers, it is not surprising that Canadians are the leading tourist group in Florida, constituting 25% of all international visitors to Florida, despite a 2.4% year-over-year drop in foreign visitors to the state in 2017.

Thanks to their geographic proximity, Canadian visitors to Florida hail primarily from Canada’s eastern provinces; tourists from Ontario and Quebec made up 83% of all Canadian visitors to Florida in 2014.Footnote 10 This is a trend that has held steady since as far back as 2009 and is likely to continue to prevail.

Figure 13: Canadian Visitors to Florida by Province of Origin, % of Visitors, 2014

Chart showing Canadian Visitors to Florida by Province of Origin, Percentage of Visitors

Source: ITA, Office of Travel and Tourism Industries

Based on Statistics Canada data on inbound air passengers, Orlando is the most frequented location among Canadian visitors. Orlando’s theme parks attract short-term tourists, especially families with children, but perhaps more importantly, Orlando is the principal airport serving the Central Florida retirement communities where snowbirds are concentrated. While Miami may be the top destination for Latin American and European tourists, Canadians are more likely to visit cities with large Canadian populations, such as Ft. Lauderdale, Tampa, Ft. Myers and Sarasota. This trend is even more pronounced in comparison to 2010, when 20% of Canadian tourists flew into Miami; By 2016, this number had fallen to 14%. An example of the popularity of large metropolitan areas for Canadian tourists would be the number of direct flights between Fort Lauderdale International Airport (FLL) and major Canadian cities. Flights between FLL and Canada are serviced by Canadian airlines such as AirCanada, AirTransat, Sunwing and WestJet. During peak periods for Canadian tourists heading to Florida, there can be as many as 9 daily direct flights connecting Fort Lauderdale to major cities such as Montreal, Toronto and Ottawa. Smaller airlines such as Sunwing will service Fort Lauderdale seasonally with a small handful of weekly flights connecting Halifax, Quebec City, and Winnipeg directly to South Florida. Smaller regional players such as Porter Air service Florida through a partnership with JetBlue.

Figure 14: Inbound Final Air Destinations, % Inbound Canadian Air Passengers, 2016

Chart showing Inbound Final Air Destinations, Percentage Inbound Canadian Air Passengers, 2016

Source: Statistics Canada

Figure 15: Purpose of Visit, '000 of Visitors, 2014

Chart showing Purpose of Visit, Thousands of Visitors, 2014

Source: ITA Office of Travel and Tourism Industries

Canadians travel to Florida primarily for holidays, a trend that has remained stable over the past several years. In 2014, 84% of Canadians visiting Florida did so for leisure, either for vacation or to visit friends or relatives. Only 6% of Canadian visitors came for business purposes, and 10% cited “other reasons” including students and patients seeking medical treatment.

Canadians visiting Florida for leisure pursue a variety of activities while in the state, the number one being shopping, closely followed by nightlife activities. Even with a weakening Canadian dollar, it is reasonable to expect Canadian tourists visiting Florida to continue spending at current levels; the percentage of Canadians spending money on Florida retailers has hovered around 66% of visitors in recent years. Sightseeing and visiting friends and family remained the second and third most popular activities, while participating in outdoor recreation came in as the fifth most popular activity.

Figure 16: Top Activities by Canadian Tourists, % of Visitors, 2014

Chart showing Top Activities by Canadian Tourists, Percentage of Visitors, 2014

Source: ITA, Office of travel & Tourism Industries

Canadian vacationers in Florida fall into one of two categories: 1) those who travel for one or two-week vacations and mostly stay in hotels; and 2) “snowbirds” who spend some or all of the winter season in Florida. Short-term snowbirds might rent a hotel or other property during their time in Florida, but most of them own their own homes or condos, or travel by RV. As a result of this large snowbird population, ownership or rental of second home is the largest accommodation category for Canadian visitors to Florida (shown as “other combination” in Figure 17).

Figure 17: Accomodation Type by Canadian Visitors to Florida, '000 of Visitors, 2014

Chart showing Accomodation Type by Canadian Visitors to Florida, Thousands of Visitors, 2014

Source: ITA, Office of travel & Tourism Industries


Figure 18: Canadian Outbound Travelers by Age, ‘000s of Travelers, 2011-2022

Chart showing Canadian outbound Travelers by Age, Thousands of Travelers, 2011 to 2022

Source: Conference Board of Canada

Snowbirds have favored Florida as a retirement destination ever since the 1970s when air travel prices became accessible for the average middle-class family. Over the years, this trend has grown, and with its pleasant weather, a reasonable cost of living, and cultural and linguistic similarity, close to 500,000 Canadian snowbirds currently spend their winter in Florida. This trend has intensified in recent years, as baby boomers reach retirement age. Currently, older Canadians are traveling to the US in record numbers, and the Conference Board of Canada estimates that in 2017, more seniors than children will travel abroad for the first time in history.Footnote 11 Beyond 2017 it is forecasted that Canadian outbound seniors will grow 2% annually, while growth for children will amount to only 0.3%.

For 74% of traveling Canadian seniors (65+), the United States was their final destination in 2016. Since Florida is a prime destination for Canadian retirees, an aging Canadian tourist population will bring more snowbirds to Florida. The results of this trend have already begun to manifest themselves, as real estate purchases by Canadians have trended toward the traditional retirement communities of Naples, Ft. Myers and Sarasota, and away from Miami and Ft. Lauderdale, which attract younger visitors. Spending on healthcare will also likely increase as Canadian tourists to Florida age, while other areas may experience a decline in expenditure, such as theme parks, hotels, and retail shopping.

There is no concrete data on the long term economic impact of snowbirds in Florida, but their impact is substantial. They contribute to local retailers, restaurants, travel services, car dealerships and rental agencies, healthcare providers, and the real estate market, among others. As a result, the money snowbirds inject into the economy is more broadly diffused than spending by short term visitors, who concentrate their spending on hotels, restaurants, shopping and entertainment. Their presence also has an impact on employment in the region, as billions of snowbird dollars prop up local business and create sustained job growth. As Yves Beauchamp, the former Director of CanadaFest, a festival celebrating French-Canadian culture in Hollywood, Florida, put it, “Without the snowbirds, hundreds of Florida businesses would go bankrupt.”

Spotlight on Canadian Tourism’s Tax Contribution ($686 Million)

Estimates by Visit Florida calculate that in 2016, out-of-state visitors spent an estimated US$111.7 billion in the state of Florida. Visit Florida estimates that in 2017 the number of total visit by Canadians grew 4% to 3.5 million, so one can assume spending by Canadians in 2017 will follow the growth in visitors entering Florida.

Using the most recent official figures from Statistics Canada, it is estimated that Canadian travelers to Florida spent upwards of US$6.5 billion in 2016 at annual exchange rates. This represents roughly 5.9% of all out-of-state spending in 2016, likely among the largest single contributions to the state's tourism sector from out-of-state visitors (Visit Florida does not track or publish a detailed breakdown of out-of-state tourism spend by country).

From the $111.7 billion spent by out-of-state visitors in 2016, Visit Florida estimates that $11.6 billion worth of taxes were generated at the state and local level. Using the percentage of Canadian tourism spending of 5.9%, we can estimate that in 2016, Canadian tourism to Florida contributed $686.56 million to state and local coffers in 2016 alone. To put the numbers in perspective, the $686.5 million worth of tax revenue generated by Canadian tourism is enough to fully fund:

  • 1.7x Hillsborough County's transportation system
  • 4.8x Miami-Dade's Public Safety (fire, policy, ambulance)
  • 14.4x Pinellas County's Culture, Library and Recreation services
  • Roughly half of Miami-Dade's transportation system
  • 18.1x Hillsborough's children, elderly, and homeless services
  • 1.8x Broward's Sheriff & Fire Rescue departments
  • 4.0x Palm Beach County's public library system
  • 5.9x Broward's public library system
  • 4.2x Pinellas County’s economic development budget

Spotlight on CanadaFest

CanadaFest is an annual event that takes places the last weekend of January in Hollywood, Florida. It is a festival catering to Broward County’s large Canadian population, celebrating French Canadian culture with musical performances, artists, food and drink, and vendors.

The festival was originally founded by the French languages newspaper, Le Soleil de la Floride, in the 1980s, in an effort to thank the French Canadians residing in Florida for their patronage in the area year after year. The festival was at risk of being dissolved in the late 1990s when the newspaper underwent a change of ownership, but thanks to the efforts of one French-Canadian Florida resident who insisted that the festival’s economic impact on the community was too great to forgo, the festival is still strong today. Currently, CanadaFest attracts more than 35,000 attendees each year.

The current Director of CanadaFest, Denise Dumont, estimates that among Canadian attendees, 90% are French Canadian while the remaining are Anglo Canadians, either snowbirds who reside in the area for six months of the year, or Canadians who vacation in the area during the end of January. The festival continues to offer free admission.

While the economic impact of the festival on the city of Hollywood has never been tracked, the Director insists that its effects are large and lasting. During the two days of the festival, surrounding parking lots, restaurants, bars, boutiques, and hotels benefit directly from more than 35,000 people who flood Hollywood for the event. Additionally, it provides the opportunities for the festival’s many sponsors to showcase their services and recruit clients.

CanadaFest provides booths for more than 80 vendors, who pay from $480 to $5,000 to publicize their services at the festival. These sponsors are most often service providers who cater to the French Canadian population in Florida, which is unique in that they are 1) snowbirds, who need financial, travel, housing and transportation solutions while in the US and 2) retirees, who have special health needs and enjoy specific types of recreation. Thus, typical sponsors include French-speaking banks, real estate agents, travel agents, sporting gods, car rental agencies, home-improvement companies, and insurance brokers, among others. Within Florida, CanadaFest is one of the largest events that brings Canadians together in one place and provides a unique opportunity for local merchants to reach this niche market. Some of the 2017 CanadaFest sponsors included Desjardins Bank, AirCanada, Medavie Blue Cross.

Ms. Dumont claims that, CanadaFest nearly doubled it number of vendors (sponsors) in 2017, and as a non-profit organization, will need vendors in order to drive growth. Ms. Dumont stated that they plan to move the festival back to its original February timeframe and expand to a three-day format. According to Ms. Dumont, this would avoid unfavorable January weather but also potentially attract younger Canadian spring-breakers in addition to the festival’s normal crowd of Snowbirds. There are also additional considerations around the festivals location, as parking and distance have been pain-points for many attendees.

Table of Contents

Areas for further collaboration

Public-private partnerships

Several public-private partnerships have been developed between Canadian and Floridian entities to further create trade and investment synergies. In the past, one such partnership was the six-year collaboration between Florida’s Applied Research Associates, based in Panama City, and Canada’s Agrisoma Biosciences and the Canadian National Research Council. After several years of collaboration, together, these partners launched the world’s first biofuel powered jet into flight in 2012, marking a milestone in global efforts to toward sustainability in air travel.

Using the biofuel research from the Agrisoma-Applied Research Associate’s collaboration, the two partners have since led separate but successful applications with several public and private sector entities. Applied Research Associates spearheaded applications of its biofuel technology with the US Navy in 2016 and with Lufthansa Airlines in 2017. The US Navy is currently performing certification testing the developed biofuels to eventually modify its specifications for military and defense-grade fuel. In January of 2018, Agrisoma and Honeywell led a successful transcontinental flight of more than 13,000km to Melbourne, Australia powered by biofuel research pioneered by Agrisoma.

Rokk3r Labs continues to be a successful example of private-public partnerships between Florida and Canada entities. The Canadian-Colombian company that started a grassroots movement in Miami to lend support to startups have moved into startup incubation, venture capital, and PPPs. In March of 2017, the company launched a $150 million investment arm, Rokk3r Fuel, to help fund the next wave of Miami-based startups moving through the company’s incubator in Miami. In January of 2018, Rokk3r Labs, in collaboration with Citi.moov, were selected by the Fastrack Institute to build and develop a technology solution to incentivize Miami residents to share rides, bike or use public transit instead of driving alone. The initiative is funded by the Knight Foundation, Codina Partners and the Miami Dade Expressway Authority. Though Rokk3r is small, it continues to make meaningful impact locally with its various initiatives that have the potential to grow beyond the community.

Education and University Research Linkages

Canada is committed to participating in international study and research partnerships that build understanding among peoples, develop global citizens and leaders, and contribute to the development of nations. There are several initiatives between Canada and the United States of America to foster linkages among college and/or university students. Within Florida, two examples are the Florida-Canada Linkage Institute’s Out-of-State Tuition Exemption Program, and Fulbright Canada.

Out-of-State Tuition Exemption Program

The Florida Statute 288.8175 enables the Florida-Canada Linkage Institute (FCLI) to award out-of-state tuition waivers to citizens of Canada. The purpose of the tuition fee exemption program is to provide international students attending any institution of the State University System of Florida ( or community college (, the opportunity to pay in-state tuition rates. To qualify, the student must be a citizen of Canada. The selection process is highly competitive, and awards are limited. Candidates are evaluated based on their academic record, area of specialization, and their aspirations for the future. The tuition exemption that is offered covers the out-of-state portion of tuition costs. Students are responsible for the in-state tuition costs. For application deadlines, eligibility and requirements visit

The FCLI is managed by the University of Central Florida, Barbara Ying Center, Phone: +1-407-823-3647, Email:

Fulbright Canada

The Canada-U.S. Fulbright Program operates on the principle of reciprocal exchange and provides the opportunity for outstanding American and Canadian students and scholars to study, lecture and/or conduct research in the other country. This exchange program provides support to students, scholars, teachers, and independent researchers through a variety of programs which are open to individuals in all academic fields with the exception of medical training. Fulbright Canada aims to grow intellectual capacity, increase productivity, and assist in the shaping of future leaders.

Complete details for all of these programs can be found here:

To learn more about scholarship opportunities for study and research in Canada and abroad please visiting

Table of Contents


The 2014 version of this study found the relationship between Canada and Florida building itself out of the international financial crisis and back towards the path of stability and prosperity. Despite the decline in trade and investment flows during the Great Recession, the relationship has had a remarkable turnaround and now firmly on the steady path of growth. Trade between Canada and Florida rebounded 3.6% since 2009, Canadian tourism and real estate spend in the state continues to grow, and by far, Canada remains Florida's most important international economic partner.

The Canada-Florida trade relationship remains a diverse one, featuring both raw materials, and high value-added goods. This has created and fosters deep trade integration as well as specialization, allowing the benefits of trade to be spread among various sectors of the economy on both sides of the border. Canadian trade and investment is responsible for upwards of 620,000 jobs in the state and bring billions in investment to the state every year. Financial institutions, engineering companies, energy providers, and manufacturers are drawn to the state for the dynamic finance, high-tech, energy and aerospace sectors it possesses. With cost-effective access to Latin America, combined with the cultural and linguistic similarities of Florida's population, directly impacted by immigration from Latin America, makes expansion to the state and beyond even more attractive. Further, low-cost and low-barriers of doing business in the state makes it easy for Canadians to set up shop.

Given the frigid winters across Canada's eastern provinces, it comes as no surprise that Canadians from Ontario and Quebec flock to Florida during the wintertime. Canadian tourists injected an estimated $6.5 billion into the state through various tourism activities, generating more than half a billion dollars in tax revenue for the State, counties, and municipalities. For many Canadian tourists, they eventually become property owners in the state. This group purchased more than $7.0 billion worth of properties in 2017, many becoming second or primary homes for Canadians. It is expected that this trend will continue as the number of Canadians that reach "Snowbird Age" grows. The growing number of Canadian tourists, snowbirds, and property holders will continue to inject tourism, tax and real estate dollars for years to come.

Given these trends and figures for trade, investment, real estate and tourism, Canada exceeds all of Florida's other international partners in terms of economic impact and engagement. Canada is by far the most consistent and the most consistently high-ranking economic partner the state has when compared to other top partners such as Brazil and the United Kingdom. Though the exchange rate of the Canadian dollar has fallen from previous years of parity, the state of Florida has remained an attractive place for Canadian entrepreneurs, investors, vacationers, and retirees. In the words of Enterprise Florida’s Senior Vice President of International Trade & Business "Canada is by far the number one partner the state of Florida has. It is largest and most important for the state across all levels of economic engagement."

Table of Contents


Table 12: Select Canadian Companies with Presence in Florida
Company NameSector
DCM AeronautiqueAerospace (aircraft components)
CAEAerospace (flight simulation)
Air CanadaAirlines
Ritchie Bros. Auctioneers Inc.Automotive (auction)
The Boyd Group, Inc.Automotive (motor vehicle repair and maintenance)
TCG International Inc.Automotive (motor vehicle wholesale)
Uni-SelectAutomotive (motor vehicle wholesale)
Stantec Inc.Business Services (architecture consulting)
The Jim Pattison GroupBusiness Services (automotive, media, food packaging)
BFI Canada LtdBusiness Services (environmental consulting)
Golder Associates Ltd.Business Services (environmental consulting)
Marketwire Canada LimitedBusiness Services (information services)
CSI Consulting Inc.Business Services (legal consulting)
Leger MarketingBusiness Services (management consulting)
Livingston International Inc.Business Services (management consulting)
Priority Management Systems Inc.Business Services (management consulting)
MPIQCBusiness Services (product design and electronic manufacturing solutions)
Sonitec-Vortisand Inc.Business Support Services (water softening services)
Agrium Inc.Chemicals (fertilizer)
Potash Corporation Of Saskatchewan Inc.Chemicals (fertilizer)
Chemtrade Logistics Inc.Chemicals (manufacturing)
Mitel Networks CorporationCommunications Equipment Manufacturing
Redline CommunicationsCommunications Equipment Manufacturing
Softchoice CorporationComputer, Office Equipment and Software Merchant Wholesalers
PCL Constructors Inc.Construction (buildings, civil)
Acuren Group Inc.Construction (inspection)
Coreslab Structures, Inc.Construction and Hardware Materials Wholesale
Interfast Inc.Construction and Hardware Materials Wholesale
Olympia Tile InternationalConstruction and Hardware Materials Wholesale
JEFOCrop and Animal Production
Village Farms InternationalCrop and Animal Production
Shred-It International Inc.Document Shredding Services
Future ÉlectroniqueElectronics Wholesale
Bombardier Inc.Engineering Services (aerospace)
Norr LimitedEngineering Services (building)
Delcan CorporationEngineering Services (building, environment)
IBI GroupEngineering Services (building, environment)
S.M. International (Le Groupe)Engineering Services (consulting)
ADF Group Inc.Engineering Services (infrastructure)
SNC-Lavalin Group Inc.Engineering Services (infrastructure)
Cirque du SoleilEntertainment Services
Versent CorporationEntertainment Services
Bank of MontrealFinancial Services (banking)
National Bank Financial Group (National Bank Of Canada)Financial Services (banking)
TD Bank Financial Group (TDBFG)Financial Services (banking)
The Bank Of Nova ScotiaFinancial Services (banking)
Cambridge Mercantile GroupFinancial Services (global payments)
Fairfax Financial Holdings LimitedFinancial Services (insurance)
Great-West Life & AnnuityFinancial Services (insurance)
Ian Martin LimitedFinancial Services (insurance)
Independent Order ForestersFinancial Services (insurance)
Kingsway Financial Services Inc.Financial Services (insurance)
Manulife Financial CorporationFinancial Services (insurance)
Sun Life (Financière)Financial Services (insurance)
Onex CorporationFinancial Services (investment services)
RBC Financial GroupFinancial Services (investment services)
Ice River Springs Water Co., Inc.Food Manufacturing
Alta Genetics Inc.Food Processing (beef)
The Oppenheimer GroupFood Processing (fruits and vegetables)
Teknion CorporationFurniture Manufacturing
Alimentation Couche-Tard Inc.Grocery Stores
Global Upholstery Co. Inc.Home Furnishings Wholesale
Northcore Technologies Inc.ICT (computer programming)
The Descartes Systems Group Inc.ICT (computer programming)
CGI Group Inc.ICT (computer system design services)
Vortex SolutionICT (computer system design services)
Presagis Inc.ICT (software services)
Constellation Software Inc. (CSI)ICT (software)
Garda World Security CorporationInvestigation and Security Services
Forensic TechnologyLife Sciences (medical devices)
Novadaq Technologies Inc.Life Sciences (medical devices)
Atrium Innovations Inc.Life Sciences (pharmaceutical)
Cangene CorporationLife Sciences (pharmaceutical)
H2O InnovationMachinery and Equipment Manufacturing
Canam Group Inc.Metal Products Manufacturing
Urecon Ltd.Metal Products Manufacturing
Samuel, Son & Co. Limited (SSCL)Metals and Minerals Wholesale
Measurements International Ltd.Non-Metallic Mineral Product Manufacturing
Opta Minerals Inc.Non-Metallic Mineral Product Manufacturing
Domtar Corp.Paper Product Manufacturing
Impark (Imperial Parking Corporation)Parking Services
MontelProfessional and Commercial Equipment Wholesale
Avison Young Inc.Real Estate
Firstservice CorporationReal Estate
Cimco Refrigeration LimitedRefrigeration Systems
Algoma Central CorporationShipping services (water transportation)
Versacold Logistics Services LimitedStorage and Warehousing
World Point Terminals, Inc.Storage Services
Circa EnterpriseTelecommunications
Convergia Networks IncorporatedTelecommunications
Prevost Car Inc.Transportation services (Mass Transit and Ground Passenger Transportation)
Traffic Tech Inc.Transportation services (trucking)


Table 13: Select Canadian Service Providers with Presence in Florida
Air CanadaAirline
Golder AssociatesEnvironmental consulting
CSI Consulting IncLegal consulting
Leger MarketingManagement consulting
Livingston InternationalManagement consulting
Priority Management Systems IncManagement consulting services
Sonitec-Vortisand Inc.Water softening services
Shred-It InternationalDocument shredding services
PCL ConstructorsConstruction
Acuren GroupConstruction inspection services
Norr LimitedEngineering
IBI GroupEngineering
S.M. InternationalEngineering
ADF GroupEngineering
Cirque du SoleilEntertainment
Versent CorporationEntertainment
National Bank of CanadaFinancial services
Bank of Nova ScotiaFinancial services
RBC Financial GroupFinancial services
Desjardins BankFinancial services
The Descartes Systems GroupICT
CGI Group Inc.ICT
Apple ExpressLogistics
Avison Young Inc.Real estate
Traffic Tech Inc.Transportation


Select Canadian Companies in the Tampa Bay Metropolitan Area

  • Accel Networks
  • Air Canada
  • Alumi-Guard
  • Arbor E&T
  • Bausch & Lomb
  • Bio-Lab
  • Bombardier
  • CAE Usa
  • Calpac
  • Car Wash Partners
  • Cardel Homes
  • CCX Holdings
  • CGI Technologies and Solutions
  • Coreslab Structures
  • Cott Beverages
  • Crop Production Services
  • David Oppenheimer & Company
  • DS Services Of America
  • Federal Marine Terminals
  • Finishmaster
  • First Investors Corporation
  • First Service Residential Florida
  • Future Electronics
  • Gardner Capital Holdings
  • Golder Associates
  • Harris BMO Bank National Association
  • IBI Group
  • Innquest Corporation
  • Integrated Dealer Systems
  • Intertape Polymer
  • IPG
  • Jeld-Wen
  • Kaycan
  • Manatron
  • Manulife Financial
  • Master Collision Repair
  • Mendota Insurance Company
  • Mitel Technologies
  • MSS Distribution
  • MWH Constructors
  • Newterra
  • Olympia Tile
  • Open Text
  • Parsons Brinckerhoff
  • PCL Construction
  • Peoples Gas
  • Pods Enterprises
  • Progressive Waste Solutions
  • RBC Capital Markets
  • Res-Care
  • Service Experts
  • Southern Home Care Services
  • Stantec
  • Superior Plus Construction
  • Tampa Electric Company
  • TD Bank, N.A.
  • Teco Energy
  • The Gerber Group
  • TLC Vision Centers
  • Tomasino & Associates
  • Xcira
  • Zenith Insurance Company


Table 14: Select Canadian Companies with Latin American Headquarters in South Florida
CompanyLatAm HQ location
ADF InternationalMiami Gardens
Air Canada CargoMiami
Air Transat Holidays USADania Beach
Apple ExpressDoral
Avison YoungCoral Gables
Blue Streak AmericaBoca Raton
Bombardier AerospaceFt. Lauderdale
CAEMiami Springs
C P Vegetable OilFt. Lauderdale
Chemo InternationalMiami
Doyton Bakery EquipmentWeston
Gildan Active WearMiami
PBB Local LogisticsDoral
Quebec InternationalNorth Miami
Stratos Global CorpPlantation
TeknionCoral Gables
TVR Communications LLCFt. Lauderdale

Figure 19: Florida-Canada Trade, February 2018

Graphic showing Florida-Canada Trade Numbers, February 2018

Figure 20: US-Canada Integrated Agriculture

Agriculture and Agri-Food Canada Integrated Canada-US Supply Chain Promotional Poster

Figure 21: Canada Direct Investment in Florida

Canada Direct Investment Numbers in Florida Poster

Figure 22: Florida Direct Investment in Canada

Florida Direct Investment Numbers in Canada Poster

Figure 23: Florida’s Top Global Partners, Canada Among the Top 5, Florida Chamber of Commerce 2017

Graphic of Florida’s Top Global Partners, Canada Among the Top 5, Florida Chamber of Commerce 2017


Footnote 1

95% of Florida exports to Switzerland in 2011 were scrap precious metal.

Return to footnote 1

Footnote 2

“Canada and the United States – Florida.” November 2013. The Government of Canada.

Return to footnote 2

Footnote 3

The US Bureau of Transportation Statistics no longer reports on goods shipped between Florida and the rest of the world that pass-through Canada. Most recent data is 2012.

Return to footnote 3

Footnote 4

“Canada and the United States – Florida.” January 2018. The Government of Canada.

Return to footnote 4

Footnote 5

Enterprise Florida. January 2018. “2016 Florida International Business Highlights.”

Return to footnote 5

Footnote 6

Comprising Citrus, Hernando, Hillsborough, Manatee, Pasco, Pinellas, Polk and Sarasota counties.

Return to footnote 6

Footnote 7

The Miami Customs District includes Port Miami, Port Everglades, Miami International Airport and several other small regional ports.

Return to footnote 7

Footnote 8

At time of publishing, Statistics Canada only reported figures up to 2016

Return to footnote 8

Footnote 9

Average calculated from Statistics Canada reporting on top 15 US states visited by Canadians.

Return to footnote 9

Footnote 10

At time of research, the ITA Office of Travel and Tourism Industries published data in 2016 covering tourism trends and data until 2014

Return to footnote 10

Footnote 11

Redekop, David. 2013. “Outlook for Leisure Travel.” Travel and Tourism Research Association of the Conference Board of Canada.

Return to footnote 11

Date Modified: