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Investing In Canada - Online Essay

Investing In Canada


- Factors that are attractive for direct investment in
Canada.
Canada is the second largest country in the world, occupying close to 10 million
square kilometres of land bounded by the Atlantic, Pacific and Arctic oceans.
Canada shares a 6,000 kilometre border and the five largest freshwater lakes in
the world with the United States. Known as the Great Lakes, they provide a route
to the Atlantic via the St.- Lawrence Seaway, permitting direct access to
international markets.

More international companies are investing in Canada. The stock of foreign
direct investment (FDI) in Canada has increased steadily over the past five
years to reach over $130 billion last year. Investor confidence ...

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force quality; International
business skills; raw materials; energy costs; infrastructure; business services
and legal environment.

Domestic Market

Canada's per capita purchasing power is second only to that of the United States,
among the G-7 countries, and the OECD expects Canada to lead the industrialized
countries in near-term economic growth. Inflation is below two per cent and
forecast to remain low. Cost of money is lower than it has been for decades.

Exports are at record high, having increased by 14 per cent in 1993 over 1992.
Under free trade, Canadian-based companies have increased their market share of
the Canada-U.S. market. Further, the Canada-U.S. Free Trade Agreement (FTA),
together with the North American Free Trade Agreement (NAFTA) which came into
force on January 1, 1994, gives Canadian-based companies an unparalleled access
to 365 million people, forming an economy larger than that of the European
Community. The combined 1993 GDP value of the ...

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cut by more than one-half in the past two years.
Major international firms have also won many productivity improvements in their
Canadian operations through work place initiatives in labor-management relations.


International Business Skills

Canada is a land of immigrants. Employers will find pools of experienced
workers who also offer fluency in foreign languages, knowledge of international
cultures and business practices, and networks of business contacts in the key
Asian, European and American markets. Canada is an effective bridge between
North America and Europe. Canadian business practices and laws are a blend of
American and European cultures. Canada's metric system of ...

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Investing In Canada. (2006, December 31). Retrieved December 23, 2024, from http://www.essayworld.com/essays/Investing-In-Canada/57957
"Investing In Canada." Essayworld.com. Essayworld.com, 31 Dec. 2006. Web. 23 Dec. 2024. <http://www.essayworld.com/essays/Investing-In-Canada/57957>
"Investing In Canada." Essayworld.com. December 31, 2006. Accessed December 23, 2024. http://www.essayworld.com/essays/Investing-In-Canada/57957.
"Investing In Canada." Essayworld.com. December 31, 2006. Accessed December 23, 2024. http://www.essayworld.com/essays/Investing-In-Canada/57957.
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PAPER DETAILS
Added: 12/31/2006 01:46:00 PM
Category: Economics
Type: Free Paper
Words: 2439
Pages: 9

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