Home > Management > International Business > Doing Business in Canada


Laurel Delaney

Guide to Doing Business in Canada

Government programs can ease your entry to this lucrative market


5.0
out of 10

Add Your Comments
 
 
Email Guide to Doing Business in Canada to a friend
Save the Guide to Doing Business in Canada to My Work.com Favorites
Print the Guide to Doing Business in Canada
link to this page
Save to del.icio.us
digg it!


With an estimated population of 32 million and per capita income of $28,390 (in U.S. dollars), Canada is one of the best places in the world to do business. The North American Free Trade Agreement (NAFTA) allows you to conduct and expand your business within the United States, Canada and Mexico with minimal constraints. Whether you plan to export to or import from Canada, establish an office, or set up a manufacturing facility, Canada offers enormous opportunities to grow your business.

Why is Canada an excellent choice for doing business?

  1. It offers low cost, high quality skilled workers.
  2. Canada and the United States are each other's most important trade partners. They also have the largest-ever trading partner relationship to exist between two nations.
  3. Border crossings are secure and efficient.
  4. Canada is an ideal export and investment destination for American companies looking for the marketplace most similar to their own.
  5. Trade with Canada contributes significantly to the United States economy.

Action Steps
The best contacts and resources to help you get it done

Scope the market


Check to see market conditions and competition in your niche.

I recommend: Try The Federation of International Trade Associations (FITA) for a quick study on market access, practical information, economic indicators, market research, country risk, doing business, taxes, the labor market, media and other useful topics. The government of Canada provides comprehensive information on investing, buying and selling for foreign companies.

Move your goods across the border quickly


The Free and Secure Trade (FAST) program is a joint initiative involving the Canada Border Services Agency and the United States Customs and Border Protection to help companies move pre-approved eligible goods across the border quickly.

I recommend: Apply for the FAST program online.

Win a Canadian government contract


The government accepts bids from US companies online via the MERX system.

I recommend: Visit the MERX site to get into the bidding.

Get help from the US government


The U.S. Commercial Service Canada can connect you with partners and help make arrangements to set up shop in Canada.

I recommend: Contact the Commercial Service.

Cover the legal angles


Understand Canadian incorporation, taxation, investment and employment laws. For instance, the government reviews all foreign investment to determine if it is likely to be of "net benefit" to Canada.

I recommend: Canadian law firm Gowling Lafleur Henderson created a legal guide for American companies doing business in Canada.

Tips & Tactics
Helpful advice for making the most of this Guide

  • The 2010 Olympics in Vancouver are opening a market for American companies for construction, security and food services. The U.S. Commercial Service can help connect you to the opportunities.

The official source of Doing Business in Canada is
the Market Research Firms in Canada page at Business.com

Featured Vendors

Business Directory
Get unlimited access to company profiles for all U.S. businesses. View detailed company information and build lists of sales leads. Free 7-day trial.
www.selectory.com

Businesses Directory
Directories & databases profiling U.S. manufacturers since 1912.
www.manufacturersnews.com

Subscribe to

Try our free weekly WhatWorks newsletter, with business how-to advice
& resources from Work.com.

click here to view a sample issue
 Related Resources from Business.com Back to top 
 Recommended Solution Providers Back to top 

Guides on business culture and doing business in Canada.

Series of reports on business customs, etiquette, cross-cultural communication, proper gifts, negotiating tactics, business culture, and manners.


 Best Sites to Learn MoreBack to top 

Guide for non-residents doing business in Canada, providing information on business guidelines and registration.

PDF file of a guide on doing business in Canada.

PDF file on doing business in Canada.

Information for non-Canadians and foreign companies who want to do business in Canada.

A guide by a top Canadian business law firm with acknowledged bench strength and reputation in business law.


  Best Blogs and Forums Back to top 

Discuss the business culture of North and Central American Countries, including Canada, Mexico, and the United States.

Small business blog discussing strategies for local businesses to take advantage of Internet marketing with focus in Canada.


  CommentsBack to top 

Loading Comments...


Add Your Comments


Email Guide to Doing Business in Canada to a friend
Save the Guide to Doing Business in Canada to My Work.com Favorites
Print the Guide to Doing Business in Canada
link to this page
Save to del.icio.us
digg it!


Is any content on this page inappropriate? To let us know, please click here.

Ads by Google







© 2008 Work.com, Inc. All Rights Reserved. Work.com is a property of Business.com.
Help | About Us | Site Map | Terms of Use | Privacy Policy | Community Policy | Community Blog | Advertise on Work.com | Contact Us / Feedback | Work.com Feed