Niagara is a Foreign Trade Zone (FTZ)
Niagara Region was designated as a Canadian Foreign Trade Zone (FTZ) in 2016. This designation provides opportunities for companies and suppliers that produce goods for export to learn about and apply for duty, tax, and tariff exemptions. As all Niagara municipalities are included in this FTZ, we believe Niagara businesses are in a very strong position to take advantage of the opportunities the FTZ designation offers.
There are federal, provincial, and regional incentive programs that are in place to support Canada’s exporters. Through the FTZ office, businesses will have a “one-stop-shop” to help them understand and use the programs that are in place. The FTZ office will provide information and support in the following areas:
- incentive programs
- mentoring services from experienced exporters
- global networking opportunities
- educational assistance
The Niagara FTZ is designed to provide “streamlined” access to other governmental agencies including the following:
- Canada Revenue Agency
- Canada Border Services Agency
- Transport Canada
- Export Development Canada
- Innovation, Science and Economic Development Canada
- Global Affairs Canada
For more information, you can call Jayesh Menon, Niagara’s Foreign Trade Zone Coordinator, at 905-980-6000 x 3440, or by email to email@example.com.