Welcome to Our New York Chapter
Founded: 2020
Territory: New York City, Long Island, Connecticut, New Jersey (adjacent communities)
Executive Director: John Costanzo (john@maplecouncil.org)
Partners: Consulate General of Canada, Hofstra University, Long Island Association, Ontario Trade & Invest, Québec Delegation in New York, State of New York, U.S. Commercial Service
Background: On the fifth anniversary of the founding of MAPLE Business Council in Southern California in June 2020, we announced the launch of our second chapter - New York. Led by senior executive John Costanzo who brings over 35 years of international supply chain leadership experience, most recently as CEO of Purolator International, our New York Chapter shines a spotlight on the opportunities for bilateral investment, trade and entrepreneurship between the New York and Canada.
Social Media: Follow MAPLE New York on Twitter @MAPLENewYork
Growing Our Economic Ties
The economic relationship we enjoy is significant. Consider that:
Canada is the #1 export market for the state of New York.
New York is the 4th largest state merchandise export market for Canada in the U.S.
Manufactured goods accounted for 78% of Canada’s exports to New York state in 2016.
Ontario and Québec represent 86% of Canada’s exports to New York state.
New York’s $1.5 trillion GDP is 88% the size of Canada’s.
The Port of New York is the 3rd largest port in the U.S.
Canada supports New York with a Consulate General in New York City.
Canadian expats in New York City have connected together through the Canadian Association of New York (CANY) organization since 1864.
A Tremendous Economic Relationship
If your business is considering expansion into either the Canadian or New York markets, we would like to help. Consider these facts:
Total trade between Canada and New York state is over $22 billion.
New York exports of goods to Canada exceed $14 billion.
New York exports over $8 billion in services to Canada.
Canada is the #1 export market for New York state.
New York imports over $16 billion in goods from Canada.
Canada sells more to New York than it sells to China.
5 million Canadian travelers visited New York state in 2017 and spent $1.2 billion.
Over 735,000 jobs depend on trade with Canada in the tri-state region of New York, New Jersey and Connecticut.
478 companies in New York are Canadian-owned.
Over 65,000 New York residents are employed by Canadian-owned businesses.
Canada’s Thomson Reuters employs over 16,000 New Yorkers.
The third busiest trading port between Canada and the U.S. is the Buffalo NY Peace Bridge which accounts for 11% of all trade with Canada nationally.
Top goods exports to Canada include gems, precious metals & jewelry, paper & paperboard, aluminum, natural gas, motor vehicle parts, plastics, copper, optical, medical and precision instruments.
Top imports from Canada include gems, precious metals & jewelry, aluminum, natural gas, copper, paper & paperboard, plastics, fuel oil, furniture & bedding, electricity and pharmaceutical products.
Top services exports to Canada include financial, business & professional, travel, transportation and royalties.