Unmatched Investment Climate for Foreign Investors
The Best Place to Do Business over the Next Five Years, says the EIU
World’s eighth-largest recipient of FDI inflows between 2001 and 2010—The amount of investment coming to Canada demonstrates foreign investors’ confidence in the Canadian economy. The stock of foreign direct investment (FDI) in Canada stood at $561.6 billion at year-end 2010 – a level that has more than doubled in just over a decade (see figure below). Canada was the world’s eighth-largest recipient of FDI inflows between 2001 and 2010, attracting about US$36 billion a year over this period, or approximately US$1,060 per capita per year.
Figure: Inward FDI Stock into Canada, 1999-2010
US$ millions
Source: United Nations Conference on Trade and Development. World Investment Report 2010.
Details of the above chart in US$
- 1999: 174 billion dollars
- 2000: 212 billion dollars
- 2001: 213 billion dollars
- 2002: 225 billion dollars
- 2003: 289 billion dollars
- 2004: 315 billion dollars
- 2005: 341 billion dollars
- 2006: 375 billion dollars
- 2007: 516 billion dollars
- 2008: 443 billion dollars
- 2009: 523 billion dollars
- 2010: 561 billion dollars
Consistently ranked as a leading investment destination—Global competitiveness rankings clearly demonstrate Canada’s attractiveness to foreign investors. The Economist Intelligence Unit (EIU) ranks Canada No. 1 in the G-7 and No. 5 in the world as a country in which to conduct business from 2011 – 2015.
The World Bank Group also ranks Canada No. 1 in the G-7 and countries of the Organisation for Economic Co-operation and Development (OECD) for the lowest number of procedures required to establish a new business.
Source: Economist Intelligence Unit. Business Environment Ranking 2010.
World Bank Group. Doing Business in 2011.
Canada’s Low Corporate Taxes—In January 2011, Canada once again cut its federal corporate income tax rate to 16.5 percent.
Duty-Free Manufacturing Tariff Regime—Canada will reduce tariffs on all manufacturing inputs to zero by 2015.
Investment News
Publications
- Think Canada, A Strategic Choice (PDF 0.9 MB)
- Invest in Canada Flagship Report (PDF 7.43 MB)
- Invest in Canada Summary (PDF 2.2 MB)
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