Investing In Canada
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 is high.
International companies are discovering what firms in the United States have
known for decades: it pays to invest in Canada. There is a government commitment to attract foreign direct investment. Canada's government provides a competitive, welcoming climate for international business. It is committed to fiscal responsibility, deficit reduction and job creation.
The following are some essential points all of which prove Canada is a favorable
choice: Domestic market; wage competitiveness; work 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 ...