Competitive Advantages
When a country has as much to offer as Canada , it is impossible to pinpoint a single reason to invest in one of the most dynamic economies in the world. Canada boasts multiple advantages and unparalleled potential — a place where businesses can achieve excellence on a global scale.
Community: Canada is a nation of intelligent, educated workers, ranking #1 in the OECD in higher education achievement.
Business Environment: The Economic Intelligence Unit has rated Canada the #1 place to do business in the G7 for the next five years.
Economic Advantages: Canada is better placed than many countries to weather the global financial turbulence and worldwide recession.
Tax Advantage: Canada offers businesses low tax rates, boasting the lowest payroll taxes among the G7 countries.
NAFTA Advantage: Canada's NAFTA advantage gives investors access to more than 443 million consumers and a combined GDP of more than US$15,4 trillion.
The Asia-Pacific Gateway and Corridor Initiative (APGCI): Take advantage of Canada's strategic location as the crossroads between the North American marketplace and the booming economies of Asia.
Transportation Advantage: Canada has sophisticated infrastructure and a highly developed transportation network.
Life Style Advantage: World-class universities, a universally acclaimed health care system, clean, friendly cities and spectacular scenery make Canada a great place to invest, work, live and raise a family.
Industrial Sectors:
The industrial size of Canada is as immense as the country itself. As one of the most competitive investment regions of the world, Canada has obvious advantages for sophisticated investors looking for new opportunities.
Canada has created a unique business environment allowing companies to grow on a global scale. In order to gain the best and brightest, Canada has focused its policies, business incentives and supports the universities around the key industries.
Notable industries in Canada:
Aerospace: Canada's global share of aerospace activity has tripled in the last 20 years, making Canada the world's 5th largest aerospace producer.
Ag-biotech: Canadian firms' revenues exceed those of US agro companies and are more than double the figures for of Japan and the UK.
Agri-food: Canada is the world's fourth-largest exporter of agricultural products.
Automotive: Canada is among the top 10 automotive countries and the 3rd largest exporter of automotive products after Japan and the U.S.
Bio-Products: Cutting-edge Canadian firms are converting energy crops and other agricultural residues into bio-fibres, bio-fuels and bio-industrial oils – environmentally beneficial alternatives to conventional products that are as healthy for the pocket book as they are for the planet.
Biotechnology: Canada is a leader in biotechnology—one of the top five countries in the world.
Business Services: Canada's business services sector is a critical node in today's multinational, multi-value chain model, generating over $57 billion in 2007 and employing 1.1 million workers.
Chemicals: Nine of the top 10 chemical companies in the world have production facilities in Canada.
Digital Media - Games: Canadian companies are global leaders across the entire gaming value chain – from tools development to casual games and serious games, to both mobile games and game development.
Financial Services: Canada's banks are ranked #1 globally by the World Economic Forum.
Life Sciences: Canada's life sciences innovators are at the very forefront of discovery.
- Bio-Pharma: Canada leads the G8 in growth of health research patents, and ranks fourth internationally.
- Contract Services: Canada has the highest rate of increase in the G7 in life sciences R&D workers, external patent applications and business expenditures on R&D, and the lowest life sciences labour costs.
- Medical Devices: Canada is a global leader in digital radiography, in vitro diagnostics, cardiovascular devices, dental implants and materials, and home health-care products.
Pharmaceuticals: Canada is the fourth fastest growing market in the world for pharmaceuticals.
Plastics: Canada is the world's fourth largest exporter of moulds and eighth largest exporter of plastics processing machinery.
Renewable Energy: With 430 companies, a rapidly growing workforce, and quality wind resources, Canada's Wind energy sector is the fastest growing renewable energy source in Canada
Software: Canada encourages growth through extensive R&D tax credits and the lowest operating costs in the G7.
Wireless: A high-talent, low-cost labour force, R&D advantages, smart regulations and centres of research excellence makes Canada a rewarding location for enterprising investors.
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