Background

Task

Process

Showdown Home

Statistics Canada

Galileo Network

 

   

Canada is the world's second-largest country (9 093 507 sq. km.). It is a nation that actively promotes a culturally, socially and economically diverse and healthy environment.

"An independent study comparing the costs of doing business in North America and Europe rated Canada as the number one country. For every industry surveyed, overall costs are lower in Canada than either the U.S. or Europe.

Canada's competitive advantages include low land and construction costs, which combined with low interest rates, result in the lowest initial investment costs among the countries surveyed. Labour, electricity and telecommunications costs, as well as income tax rates and R&D tax incentives are all highly competitive." 1

The reasons for companies to invest in Canada are compelling and benefit all of Canada. But no company invests in Canada in general. The final decision about where in Canada a company might locate is made by people who have been persuaded that a particular region, province or territory will provide the best possible investment environment to ensure that company's success. And while we, as Canadians, might all be working towards a common goal—attracting investment in Canada—the internal competition between the provinces and territories is intense. Attracting new business and investment to each province or territory is critical.

hr

1   Why Invest In Canada? http://www.city.mississauga.on.ca/edo/topreason/topwhyinvest.htm



©Galileo Educational Network Association™