Page 24 - FDI Alliance International Magazine. Winter 2020 Digital Interactive Issue.

PRIME MINISTER WELCOME TO

JUSTIN TRUDEAU CANADA

Canada is a country located in the northern lead, nickel, zinc and uranium. Certain areas to remove some of the responsibility for
part of North America. The Prime Minister of Canada also export energy. Whether it’s companies based in the United States. This is
is Justin Trudeau. This is the second largest natural gas, large oil and gas resources, design for businesses that are headquartered
country by total area in the world. Just south they are one of the few developing nations outside of Canada. If your company does
of Canada is the border to the United States. to achieve this. not have a permanent establishment then
The capital of this vast country is is Ottawa. your operational profits are not subject to
Montreal, Toronto and Vancouver are the The infrastructure in Canada is very highly Canadian income tax.
three largest metropolitan areas in the developed. They have a state-of-the-art
country. telephone system that’s supported by a There are many cultural similarities between
satellite system an earth-based relay centers Canada and the United States. Many of the
Nicknamed the Great White North, Canada as well as international underwater cables. demographics are similar with close statistics
is known for its cool climate and cold winters. These cables stretch across the Atlantic and in terms of ethnicities. The predominant
They are known for their maple syrup which and the Pacific oceans. language of English is the same language
is drawn from the sap of maple trees. In fact, used in the United States. There are some
their flag even has a maple leaf on it. Many Their transportation system includes exceptions where French is used such as
Canadians enjoy their love of the sport of railways, highways, expressways, air travel Quebec.
hockey. With such an advanced economy, as well as waterway travel. Canada has a
it is the 10th largest in the world. It is also very developed railway system which moves There is also a highly skilled Workforce.
one of the worlds top 10 trading nations and freight with ease. The trucking industry takes Many of the skilled workers rage in an age
has a highly globalized economy. Canada advantage of the many highways and from 25 to 55 years old. Canada has the
has been noted as one of the least corrupt expressways.There are 20 major ports with fifth largest Workforce in Artificial Intelligence.
countries in the world. the busiest port being located in Vancouver Some major corporations in Canada
on the West coast. Some of the smaller ships include, Brookfield Asset Management,
Manufacturing, mining and service sectors just travel on the great lakes but there is also Bank of Nova Scotia , Enbridge , Toronto-
have transformed the economy into being access for vessels to sail from the Atlantic. Dominion Bank, Alimentation Couche-Tard,
more industrialized and urban. Utilizing Royal Bank of Canada, George Weston,
the production of raw materials, such as Due to the close proximity to the United Magna International, Power Corp., and
farming, forestry, fishing and mining have States, Canada is a desirable location for Manulife Financial.
proven successful. The two more prominent many businesses. With a stable banking
components are the forestry and petroleum system and one of the world’s lowest Canada is a premier location due to its trade
industries. corporate tax rates, this country is able to freedom, investor protection, low corporate
become an investment dream. By continuing tax rates, and low corruption. There’s a
It is one of the world’s largest suppliers of to lower the corporate tax rate, Canada is steady growth projected for Canada
agricultural products such a sweet, canola ideal for international companies. The rate which would make an ideal location for
and other grains. There a leading exporter is ever-changing and continually goes down. any business.
of aluminum, cadmium, coal, copper, gold, The Income Tax Treaty has the possibility

24. FDI ALLIANCE INTERNATIONAL