Canada
 

General Information

    Advantages:

  • A strong economy and employment market 

  • Solid banking system (there hasn’t been a bank failure since 1983) 

  • Specialized financial markets for mature stocks (Toronto), venture stocks (Vancouver and Calgary) and derivatives (Montreal). 

  • Robust democracy with low campaigning costs

    Disadvantages:

 

  • The government controls every aspect of business and life 

  • Canada's business elite does not support a climate of risk or venture capital

  • There is little competition to lower prices

 

Canada is a country in the northern part of North America. It has ten provinces. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. 

 

Canada’s advanced economy is the tenth-largest in the world, relying chiefly upon its abundant natural resources and well-developed international trade networks. Within the service sector, the largest sub-sector is the trades, which are highly specialized, skill-based professions like electrician, carpenter, or computer repairman. Other large sub-sectors include health care, which includes doctors, nurses and surgeons, plus their clerks and assistants; finance, which includes bankers, stock brokers, and real-estate agents; education, which includes teachers, professors, librarians and administrators; and food and retail, which covers cooks, store clerks, and cashiers in places like shopping malls, restaurants, grocery stores, and other shops.

 

Canada is part of several major international and intergovernmental institutions or groupings including the United Nations, NATO, the G7, the Group of Ten, the G20, the North American Free Trade Agreement and the Asia-Pacific Economic Cooperation forum. 

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