Page 25 - FDI Alliance International Magazine. Winter 2020 Digital Interactive Issue.
P. 25

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




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