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Tuesday, January 20, 2015
Business in Canada
In early 2005, Kanada was recognized by the World Bank the second richest country in the world. According to the World Bank's ten richest countries in the world are located in the following order:
Australia
Canada
Luxembourg
Switzerland
Japan
Sweden
Iceland
Qatar
United Arab Emirates
Denmark
The United States recognized the twelfth country in the list, and the United Kingdom (England) takes the twenty second place.
In the last quarterly report of the Royal Bank of Canada (Royal Bank of Canada), the above magazine Maclean's, argues that "today's record low bank interest rates, stable low inflation and a significant improvement in government finances before the opening of the Canadian economy the best opportunities for development since the end of World War II. "
Today, in Canada, the world's lowest corporate income tax and the highest rate of job creation.
According to Garth Turner ( Garth Turner), a financial analyst and commentator on Canadian BBC, the Canadian economy is growing at an impressive pace, creating more jobs, but without any significant inflation.
Contrary to popular belief, do business in Canada is cheaper and easier than in the United States. A study conducted by KPMG found that operating costs (operating costs) of any Canadian business on average 6.7% lower than the cost of similar businesses located under comparable conditions just south - in the United States.
There are many favorable factors differentiating set of conditions for doing business in Canada, among them:
lower land prices;
lower the cost of all construction work;
the cost of electricity in Canada today is the lowest in the world;
the most favorable conditions for investment;
the availability of risk capital (venture capital) - today it is in Canada more than 2 times more per capita than the United States;
a large number of different government - federal and provincial programs - support and development of entrepreneurship, small and medium-sized businesses.
If you are a businessman, you have the ability to organize their work in Canada - to start from scratch or develop an existing business. For many years, entrepreneurs transform ideas into products and services. On the one hand they meet the needs of customers for their products and services, on the other hand are building their own careers. Official Canadian authorities are ready to assist entrepreneurs by offering them assess their business potential by answering the questions the so-called national tests for Entrepreneurs (National Entrepreneurship Test). This test is available on the Internet. According to the results of the test, you can get a number of recommendations and overall assessment of your business potential in Canada.
