Prince George is Canada's western-most inland port and British Columbia's first Foreign Trade Zone. A Foreign Trade Zone (FTZ) is an officially designated location that is eligible for tariff and tax exemptions on raw materials, components, or finished goods imports. Investing in the Prince George FTZ helps businesses connect with provincial, national, and international markets by way of the city's transportation network:
- The Prince George Airport (YXS).
- A CN intermodal terminal.
- Provincial Highways 16 and 97.
- Access to the Port of Prince Rupert and the Port of Metro Vancouver.
For more information on the FTZ boundaries:
Foreign Trade Zone benefits
Program | Benefit | Qualifications |
---|---|---|
Duties Relief Program | Upfront relief of duties | Goods must be exported within four years. |
Drawback Program | Refunds duties for exported goods. | Goods must have been exported within four years. |
Customs Bonded Warehouse | Defers/relieves duties and taxes. | Goods must not be substantially altered. |
Export Distribution Centre Program | Upfront relief of GST/HST on certain imports and domestic purchases. | Must be export-oriented commercial entity that adds only limited value to goods. |
The Exporters of Processing Services Program | Upfront relief of GST/HST on certain imports. | Goods must belong to non-resident and be re-exported after being processed. |
Prince George's transportation network
One-Window Task Force
Prince George's single-window service allows investors direct access to:
- Canada Border Services Agency
- Canada Revenue Agency
- Transport Canada
- Foreign Affairs and Trade Development
- Industry Canada
- Export Development Canada
For more information on the One-Window Task Force, contact us at.
Economic Development
City Hall - 2nd Floor
1100 Patricia Boulevard
Prince George, BC V2L 3V9
Canada
Email: ecdev@princegeorge.ca