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Canada's rich and vast natural resources have greatly contributed to expanding its national economy. However, with the surge in knowledge-based industries, innovations in key technology sectors, and a dramatic rise in high-tech exports, Canada now offers investors like you unlimited growth potential.

Average Annual Growth Rates of Foreign Direct Investment
by Industry (%) 1990-2005

Industry

Average Annual Growth (%)
1990-2005

 Electrical & Electronic Products

13.4

 Energy

12.0

 Services & Retailing Industry

11.3

 Communications

10.6

 Finance & Insurance Industry

10.1

 Transportation Equipment

9.2

 Food, Beverage & Tobacco

8.7

 Metallic Minerals & Metal Products

8.5

 Machinery & Equipment

8.0

 Chemical Products & Textiles

8.0

 Construction & Related Activities

6.2

 Wood & Paper Industry

 3.6

 Source: Statistics Canada, May 2006

Sowing the seeds for growth

If you dream of starting your own business, it is easier to start a business in Canada than in any other G8 nation. With over $465 billion of annual foreign direct investments, generous tax incentives and flourishing R & D, Canada offers the most favourable environment for making your business vision come true.



Strategic relations with the United States

As the fastest growing and most competitive member of the G8, Canada benefits from strong international ties to Europe, Asia and the United States. Thanks to its strategic location and the signing of the North American Free Trade Agreement (NAFTA), Canada gives business people like you access to markets in the United States and Mexico with a combined gross domestic product (GDP) of over US$11.4 trillion.

Opening the door to world markets

Thanks to strategic locations on the west coast, a successful Asian community, and the port of Vancouver, Canada has unique access to Asia-Pacific markets which promise long-term potential.

The Middle Eastern community in Canada is growing every year. To help all Canadian companies who want to do business internationally - including emerging Middle East markets - the Canada Trade Commissioner Service has offices located in 12 cities across the country, as well as 140 offices worldwide, to find new markets abroad and identify key contacts.

Furthermore, the province of Québec is conveniently located near the United States border, with the city of Montréal a mere 90-minute drive from the beginning of major U.S. markets. The Port of Montréal, as well as two international airports, also ensure that merchandise can be quickly moved to European markets.

Not only does Canada offer the ideal environment for starting or investing in a new business, but it also offers the infrastructure and location to help international business people create strong relationships with major world markets.

Low labour costs

Canada's competitive position vis-à-vis the G8 has improved substantially in the past 10 years as the skills and productivity of Canadian workers have risen while labor costs have dropped. As a result, Canada continues to record the lowest operating costs among the world’s 11 major economies.

 

 
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Canada’s aerospace industry is one of the most advanced in the world and has been an important contributor to the pioneering NASA space program since the 1960s. From the latest in flight simulation technology to cutting-edge robotics, Canada leads the way.


Canada has placed a strong emphasis on medical, pharmaceutical and genetic research, which in addition to providing a multitude of commercial applications also improves the lives of Canadians and people around the world.


Commercial aircraft manufacturing, microchip production, and everything
in between: Canada encourages all forms of industry by ensuring a healthy economic climate. If it can be built, it can be sold, and Canadians do both
exceedingly well!