Doing Business in Canada

The objectives of the subject “International Trade and Business in Canada” are the following:

1. To analyze the Canadian Economy and Global Trade;
2. To know the business opportunities in Canada;
3. To explore the Canadian trade relations with the country of the student;
4. To know the Canadian Trade Agreements;
5. To examine the profile of Canadian Companies;
6. To develop a business plan for the Canadian Market.

The Subject “Foreign Trade and Business in Canada” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: American Business, World Trade.

Masters: International Business, Foreign Trade.

Languages: or Canada Canada.

1. Credits of the subject “Foreign Trade and Business in Canada”: 2 ;
2. Duration: two weeks.

Canadian Preferential Access and Free Trade Agreements:

1. Canada and the North American Economic Area;
2. United States-Mexico-Canada Agreement (USMCA/NAFTA 2.0);
3. APEC;
4. Agreement for Trans-Pacific Partnership (CPTPP);
5. European Union-Canada Comprehensive Economic and Trade Agreement (CETA);
6. Trade Agreements;
   1. Canada-European Free Trade Association (EFTA);
   2. Canada-Jordan Free Trade Agreement;
   3. ASEAN-Canada Economic Cooperation Agreement;
   4. UK-Canada Free Trade Agreement;
   5. Canada-India Comprehensive Economic Partnership Agreement;
   6. Canada-Honduras Free Trade Agreement;
   7. Canada-Panama Free Trade Agreement;
   8. Colombia-Canada Free Trade Agreement;
   9. Peru-Canada Free Trade Agreement;
   10. Chile-Canada Free Trade Agreement;
   11. Canada-Costa Rica Free Trade Agreement;
   12. Canada-Ukraine Free Trade Agreement;
   13. Canada-South Korea Free Trade Agreement;
   14. Canada-Israel Free Trade Agreement.
7. SICA (observer country).

1. WTO
   1. Agreement on Trade in Services (GATS);
   2. Agreement on the Application of Sanitary Measures;
   3. Agreement on Technical Barriers to Trade;
   4. Agreement on Preshipment Inspection;
   5. Agreement on Safeguards;
   6. Trade Facilitation Agreement.
2. WCO
   1. Revised Kyoto Convention.
3. International Bureau of Containers and Intermodal Transport (BIC);
4. Chicago Convention (ICAO);
5. IMO
6. Customs Convention on Containers;
7. Istanbul Convention;
8. International Chamber of Shipping (ICS);
9. International Road Transport Union (IRU)
   1. TIR Convention;
   2. Guidelines on Safe Load Securing for Road Transport.

American Trade and Economic Organizations. Canada is a member of:

1. Inter-American Development Bank (IADB);
2. ECLAC;
3. Asian Development Bank.

Global Organizations:

1. OECD
   1. OECD anti-corruption measures.
2. UN
   1. UNCTAD;
   2. ITC;
   3. UNCITRAL;
   4. WIPO.
3. WB;
4. WTO;
5. IMF;
6. African Development Bank;
7. Pacific Economic Cooperation Council (PEEC);
8. Regional Cooperation Council (RCC).

1. Canadian population: 35.7 million people;
2. Area of Canada: 9,984,670 km² (the world's second-largest country, the first is Russia);
3. Canada shares its border with the U.S.;
4. Capital of Canada: Ottawa;
5. Business City: Toronto;
6. Canada has two official languages: English and French (Quebec and Montreal);
7. Canada gained the independence from Britain in 1867. Since then the Queen is the Head of State;
8. Abolition of Slavery in Canada: (1834);
9. African Diaspora in Canada: 0.8 million people (2,7% of Canadian population).

Main religion in Canada: Christianity:

1. Catholicism (14 million);
2. Protestants (9 million, 29% of Canadian population, Methodists).

Canada belongs to the North American Economic Area (Western-Christian Civilization).

Canadian Economy.

1. Canada is the top-ranked nation in the OCDE for both lowest number of procedures (2) and shortest duration for termination (3 days) to incorporate a business (World Bank);
2. Canada is one of the safest countries to invest;
3. Business of Canada “Welfare Potential Index” ranks Canada first in the G-7;
4. Canada is the fifth-largest aerospace producer in the World;
5. Canada is the fourth-largest agricultural export producer in the World;
6. Canada is the third largest automotive products exporter;
7. Nine of the top ten chemical companies in the World have production facilities in Canada;
8. Canada is one of the five world leaders in biotechnology;
9. Canada ranks number one in the Organization for Economic Cooperation and Development (OECD) in higher education;
10. Ontario Region (Toronto) is the Canadian economy engine (42% of the exports of Canadian products);
11. Currency: the Canadian dollar (CAD).

Canadian International Trade.

1. Canada is the largest trading partner of the United States (the U.S. generate more trade with Canada than with all the countries of the EU);
2. Canadian largest trading partners are the U.S., China, Mexico, Japan, and the EU;
3. Quebec and Ontario are closer to New York, Boston, and Chicago than many industrial cities in the United States;
4. The Asia-Pacific Gateway and Corridor Initiative is an association of public resources and private sector to take advantage of Canadian strategic location at the crossroads between the North American market and the Asian emerging economies;
5. The markets of the EU provides business opportunities for the exporters and importers of Canada.
   1. Top Canadian Exports to the EU: chemicals, machinery, international transport equipment, computer electronics products and minerals;
   2. The EU represents the second-largest trade and investment partner of Canada.
6. The countries of the European Free Trade Association (EFTA) are also important economic partners for Canada. International Trade Canada-EFTA: $13.2 billion, including exports of $4.2 billion.

Canadian Free Trade Agreements

Under the North American Free-Trade Agreement (USMCA/NAFTA 2.0), Canada has direct access to the North American markets, including the United Mexican States and the U.S. (the largest trading partner of Canada).

Ayah Bdeir:

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