Robert Bathgate, Chair, of the Past President's Council of AmCham Canada and his wife Lynn recently attended the SEUS - CP Conference in Raleigh, North Carolina

Saturday, May 10, 2014

by Jason deBruyn, Staff Writer- Triangle Business Journal
"N.C. businesses export $7B to Canada, a 10% increase from 2011"

If Raleigh seemed just a bit friendlier today, it might have something to do with a visit from business leaders to our north.

At the Raleigh Convention Center this week, the N.C. Department of Commerce is hosting the annual Southeastern U.S. – Canadian Provinces Alliance (SEUS-CP) conference, a partnership between states in the Southeast and member provinces from Canada that works to promote trade and investments between member states and provinces.

North Carolina exporters have seen trade with Canada increase in the past few years. In 2013, North Carolina exported nearly $7 billion to Canada, according to U.S. Department of Commerce’s International Trade Administration. That’s about 23 percent of total merchandise exports last year and a nearly 10 percent increase from 2011.

Consider just as one example that PNC Financial Services Group, a sponsor of the conference, recently expanded commercial banking services in Canada, and now has a full-service commercial lending bank branch based in Toronto. Dave Olsen, chief operating officer of PNC Canada, says he has seen a growing interest and demand for cross-border financing and banking needs from both its U.S. and Canadian commercial customers.

Photo Caption:  Robert Bathgate, Chair, of the Past President's Council of AmCham Canada and his wife Lynn recently attended the SEUS - CP Conference in Raleigh, North Carolina ​


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