PM announces support to open new markets for small and medium-sized businesses

...The Prime Minister first announced a new export market development program that would provide direct financial assistance to entrepreneurs seeking to develop new export opportunities and markets, especially in high-growth emerging markets. These initiatives will be particularly helpful in helping SMEs finance activities such as participation in trade fairs and missions, and market research to create new business opportunities.

He also announced that the Canadian Trade Commissioner Service (TCS) will receive new staffing and programming resources to further assist Canadians doing business with the world. The TCS has more than 160 trade offices in Canada and around the world to help provide export advice and guidance to entrepreneurs.

Today’s announcements build on the Government’s commitment to encourage and support entrepreneurship by connecting them with the tools and resources they need to succeed. Small and medium-sized enterprises represent 99 per cent of all businesses in Canada and account for nearly 90 per cent of jobs in the private sector...

This has been excerpted from 18 March 2015 news release by the PMO.