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 (WB)
Canada is one of the safest countries to invest
Business of Canada “Welfare Potential Index” ranks Canada first in the G-7
Canada is the fifth-largest aerospace producer in the World
Canada is the fourth-largest agricultural export producer in the World
Canada is the third largest automotive products exporter
Nine of the top ten chemical companies in the World have production facilities in Canada
Canada is one of the five world leaders in biotechnology
Canada ranks number one in the OECD in higher education
Ontario Region (Toronto) is the Canadian economy engine (42% of the exports of Canadian products)
Currency: the Canadian dollar (CAD)
International Trade and Business in Canada:
Canadian International Trade.
Canada is the largest trading partner of the U.S. (the U.S. generate more trade with Canada than with all the countries of the EU)
Canadian largest
trading partners are the U.S., China, Mexico, Japan, and the EU
Quebec and Ontario are closer to New York, Boston, and Chicago than many industrial cities in the U.S.
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
The markets of the EU provides business opportunities for the exporters and importers of Canada.
Top Canadian Exports to the EU: chemicals, machinery, international transport equipment, computer electronics products and minerals
The EU represents the second-largest trade and investment partner of Canada
The countries of the EFTA are also important economic partners for Canada. International Trade Canada-EFTA: $13.2 billion, including exports of $4.2 billion
Canadian Trade Agreements
Under the North American Free-Trade Agreement (USMCA/NAFTA 2.0), Canada has direct access to the North American markets, including Mexico and the U.S. (the largest trading partner of Canada).