When your company is considering international growth opportunities, Canada offers an exciting new location because of its economic strengths and many other advantages. However, before you can commit to expanding your company to Canada, you’ll need to know the benefits and challenges of that decision. Making the decision on an ideal location for your company’s expansion is the first step in growing your business and operating on a global scale.
From Canadian Business Growth Fund availability
“The Canadian Business Growth Fund (CBGF) provides long-term, patient, minority capital to ambitious entrepreneurs to fund growth and expansion of mid-market businesses with investments between $3 and $20 million. Supported by Canada’s leading banks and insurance companies, we have a national mandate to provide long-term, patient, minority capital to entrepreneurs pursuing growth and expansion strategies.”
GLOBAL MARKET ACCESS
With 14 trade agreements, Canada is the only G7 country that offers investors preferential market access to more than 50 countries.
Why expand your company to Canada?
Doing so opens up tremendous economic benefits, along with the advantages of a prime location and workforce. Here are some of the main benefits of doing business in Canada.
Canada Business Consulting is located in Toronto. We know every Canadian market, but we specifically know the Toronto market.
The Top Canadian Destination for International Businesses with Access to +1.5 BILLION CONSUMERS through international trade agreements
A recent report by Ryerson University‘s Centre for Urban Research and Land Development revealed that Toronto and the surrounding municipalities had the fastest growth of any urban region in Canada or the U.S. in 2019; a boom fueled by immigration and access to talent. Clearly, the Toronto Region remains a hot spot for both national and global businesses. This dynamic and quickly growing region has a lot to boast about.
As Canada’s economic engine, the Toronto Region has consistently outperformed all other international financial centres when it comes to providing a stable market for operations.
Diverse Talent Pool: Our highly skilled, multicultural, and multilingual talent pool continues to be a major pull for international businesses looking to grow their teams.
Competitive Business Costs: With universal healthcare and competitive business costs, you can grow your business in the Toronto Region, for less!
Central Location: Within a 90-minute flight of New York, Chicago, Boston, Philadelphia, Pittsburgh, and Washington, our region enjoys greater market proximity than any other North American city.
Central hub for global trade
Geographically, Canada is well situated to serve as a central hub for global trade. Our coastal ports provide direct maritime access to Asia, South America and Europe, while our inland Great Lakes provide easy access to several US states. On our southern border lies the world’s largest single- country consumer market with 328 million people.
With 14 trade agreements, Canada is the only G7 country that offers investors preferential market access to more than 50 countries, with over 1.5 billion consumers and a combined GDP of nearly USD$50 trillion. The modernizing of the Canada-United States-Mexico Agreement (CUSMA) and the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) guarantee market access to both the EU and North America. None of the other top investment destinations in the Americas can offer access to all 28 EU Member States. Once fully implemented, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will give companies operating in Canada access to one of the largest trading blocs in the world, providing enhanced access to key Asian markets.
GLOBAL MARKET ACCESS
14 Trade Agreements
51 Countries
1.5 Billion Consumers
USD$49.3 Trillion Combined GDP
Source: Global Affairs Canada, Trade and Investment Update 2018
Is Canada, as a brand, well recognized overseas?
Yes, Canada is well recognized in foreign business communities and continues to benefit from the reputation of our country and its people. In a 24-country poll conducted by the BBC World Service in 2014, Canada had mainly positive views and was ranked second only to Germany, but held top spot for the least negative views. For the past three years, Canada has also scored among the top two countries in a 70-country poll conducted by the Reputation Institute, a reputation-management consulting firm based in Boston.
Business Expansion Grants, Loans, and Funding Programs Canada Business Consulting (CBC) case managers Can Write for Your Business.