Business Environment Advantage
World-class Performer
Canada understands the importance of its business community and has created an environment to encourage its success. Name an international study and, odds are, Canada ranks as the top choice for its many competitive advantages.
Nexus for International Business Opportunities
U.S.: Canada is America's largest trading partner.
Europe: European markets provide tremendous trade opportunities for Canada. Some of the most important exports to the European Union are chemicals, machinery, transport equipment, computer electronics products and minerals.
Asia: A maritime nation, Canada has exceptional access to Asia-Pacific markets. With its advantageous geographical location, strong immigration links and membership in APEC that reduces trade barriers, Canada is well positioned to capitalize on the long-term growth potential of Asian economies. To maximize its strategic access and enhance its competitive position, Canada has invested over $1billion into the Asia-Pacific Gateway and Corridor Initiative to support stronger infrastructure links among Canada, NAFTA and Asia-Pacific markets.
Magnet for the Best and the Brightest
Canada is world renowned for its beauty and abundance of natural resources, but it is increasingly recognized for its brainpower. Canada has invested billions of dollars over the last decade to create a robust research and development (R&D) climate that is second to none. Canada ranks second behind the U.S. among the G7 and fourth in a 134-country review of the quality of scientific research undertaken in government and university laboratories. The Canadian Foundation for Innovation funds technology clusters across the country in domains ranging from pharmaceuticals to fuel cells to information and communications technologies.
Among Leaders in IT Industry Competitiveness
Canada ranks fourth in a 66-country review of the countries best suited to provide an optimally competitive environment for information technology (IT) firms.
- The U.S. and Canadian telecommunications and automobile industries are virtually integrated across the Canada-U.S. border.
- Cutting-edge American producers recognize Canadian leadership in industries such as fibre optics, aerospace and biopharmaceuticals.