Investment Opportunities
Forestry
Manitoba's northern forests provide an enormous opportunity for regional and industry stakeholders who want to explore the economic, social and environmental benefits of Manitoba's vast northern forest resource. With good markets for forest products, (including a growing bioeconomy), an underutilized wood supply in the region, a willing and able workforce, and existing infrastructure, Manitoba's northern towns and communities are well-positioned for growth in the forest sector.
Manufacturing and Processing
Manufacturing represents approximately 10 per cent of Manitoba's economic output, and is the largest contributor to GDP among industries. Manitoba manufacturers employ about 10 per cent of Manitoba's total employed workforce, and ship about $17 billion worth of goods annually, with about $9 billion worth of goods exported to foreign markets.
Mining and Exploration
The mining and petroleum industries make up the second largest primary resource industry of Manitoba's economy. The 2018 value of mining and petroleum production totalled $2.5 billion (preliminary estimate) and directly employed approximately 5,700 people. In 2017, Manitoba's mining and petroleum industries accounted for approximately 3.3% of the province's nominal GDP (basic prices) and 2.5% of international exports of goods.
Tourism
Tourism is a leading industry in Manitoba. It's also a growing industry with the potential to grow much larger. Such growth will lead to a broad range of economic, social and environmental benefits. Travel Manitoba is pulling out all the stops to help bring more tourists to our province over the next few years. More tourists will mean more opportunities for Manitobans to attract them and earn the leisure dollars they spend. Tourists will benefit and so will Manitobans. Investing in tourism will make our province an even better place to live and work than it already is.
Transportation
Northern Manitoba is characterized as a large geographical area that is home to urban, rural and remote communities that are serviced by a number of modes of transportation. The provincial government maintains a network of highways north of the 53rd Parallel, allowing personal vehicles, commercial carriers and public service vehicles to access northern rural and remote communities and industries in northern Manitoba.
