AGN Country Portals

Doing Business in Canada

Published in January 2018

Canada is a country in the north of North America. Its three territories and ten provinces run northwards to the Arctic Ocean and from the Pacific to the Atlantic Ocean. It has a land mass covering 9.98 million square kilometers (3.85 million square miles), making it the world's fourth-largest by land area and second-largest country by area.

Canada is urbanized with 82% of the 35.15 million people concentrated in large and medium-sized cities, many near the southern border. Its capital is Ottawa, and its largest metropolitan areas are Toronto, Montreal and Vancouver.

Canada's long and complex relationship with the United States has had a significant impact on its economy and culture, but its advanced economy is the tenth-largest in the world, relying chiefly upon its natural resources and well-developed international trade networks.

Queen Elizabeth II is Canada's Head of State in this constitutional monarchy and federal parliamentary democracy. The country has two languages at a federal level – French and English. It is one of the world's most ethnically diverse and multicultural nations, the product of large-scale immigration from many other countries.

Canada is a realm within the Commonwealth of Nations, a member of the Francophonie and part of several major international and intergovernmental institutions or groupings including the United Nations, the North Atlantic Treaty Organization, the G7 (formerly G8), the Group of Ten, the G20, the North American Free Trade Agreement and the Asia-Pacific Economic Cooperation forum.

Canada ranks among the highest in international measurements of government transparency, civil liberties, quality of life, economic freedom and education. As a developed country, Canada has the fifteenth-highest nominal per capita income globally as well as the tenth-highest ranking in the Human Development Index.

Many companies from Europe and commonwealth countries that have expanded to North America have found utilizing Canada as a starting point offers many advantages. Doing business in Canada is similar to these countries in areas such as business law and tax. For example, Canada has a VAT system similar to many European countries. Further, employees that relocate to Canada find a very good quality of life as evidenced in many indexes measuring this fact. Proximity to the US, with the majority of our population near the US border allows for expansion to the US from an established base in Canada.

For the most up-to-date statistics, this portal incorporates various live data feeds from:

  • The Organisation for Economic Cooperation and Development (OECD)
  • The World Bank
  • The observatory of Economic Complexity



Use the navigations buttons below to access to more live data:
Inflation, Development indicators, Exports, Trade Balance, and more.

OECD Country Comparison Portal

The window below is a direct feed of regularly updated information from the OECD. It provides data concerning everything from GDP growth, fiscal balance, investment, and unemployment rates to consumption, import volume and export volume. The window allows comparisons between Canada and other countries of the OECD average for these factors.

Inflation (CPI)

Total, Annual growth rate (%)

World Bank Development Indicators

The window below is a feed from the World Bank website and shows the primary World Bank collection of development indicators, compiled from officially-recognized international sources. It presents the most current and accurate Canadian and global development data available, and includes national, regional and global estimates. Amongst others it covers critical areas of Agriculture & Rural Development, Climate Change, Economy & Growth, Education, Energy & Mining, Environment, External Debt, Health, Infrastructure and Labor & Social Protection


This graph is taken from The Observatory of Economic Complexity (OEC). Products, represented by rectangles, are drawn from the 775 individual product classes found in the Standardized International Trade Code.

This graph shows volumes of goods exported from Canada.


This graph is taken from The Observatory of Economic Complexity (OEC). Products, represented by rectangles, are drawn from the 775 individual product classes found in the Standardized International Trade Code.

This graph shows volumes of goods imported into Canada.

Trade Balance

This graph is taken from The Observatory of Economic Complexity (OEC).

This graph illustrates the subsequent trade balance of exports and imports to and from Canada.


This graph is taken from The Observatory of Economic Complexity (OEC).

This graph shows the destinations of goods and services by country.


Business Opportunities:

     (February 2020)

The Italian Government has introduced measures intended to encourage workers and entrepreneurs to move to, and invest in, Italy:

For further information and take action, please contact us.

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BREXIT 3: AN UPDATE – WHERE TO NOW?       (December 2019)

The UK’s new Conservative-led government now has a clear parliamentary majority of 80 seats to enable it pass into law the Brexit Withdrawal Agreement (the ‘Deal’) by the deadline of the 30 January 2020.

So it would seem the election result has brought some clarity. Or has it?

On the 12 December 2019 the Conservative party won Britain’s General Election with a large majority and thus with it the power to fulfill their pledge to secure parliamentary approval of the Brexit Withdrawal Agreement by Christmas and leave the EU by 31 January 2020.

Despite the positive initial reactions of capital and currency markets, as well as they party’s election slogan “Get Brexit Done”, this isn’t the end of the matter. That is because the Withdrawal Agreement contains only the legalities around the divorce of Britain from the EU. It does not cover the future relationship.

So in fact, this is probably only the end of the beginning of the Brexit process. Prime-Minister Boris Johnson now has until December 2020 to agree a favorable forward-looking trade deal with the EU. Although he has until 30 June 2020 to ask for a further extension of Britain’s regulatory transition (standstill) period with the EU, Mr Johnson insists he will not ask for any extension. If a deal is not reached, Britain would then revert to World Trade Organisation tariffs and rules (i.e. a ‘No Deal’ or Hard Brexit).

Thus we are likely looking at another cliff edge deadline. Trade deals historically have taken years to deliver, but there are only some 6 months until the 30 June deadline. Perhaps because negotiations are not starting from scratch (it being a case of altering trade arrangements that are already in place) the PM must presumably be confident that a deal can be reached within this time, and is said to be looking as the so-called “Canada-plus” model.
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The Brexit leave date has come and gone and the future of the UK relationship with the EU is plagued with uncertainty which looks set to continue - but with a new deadline of Oct 31 2019.   


The UK Prime Minister's resignation only serves to confirm the now familiar message to business i.e. that they must continue to plan for uncertainty:
  • In the near term, consider exposure to possible disruptions in movement of good/services for both suppliers and customers, model scenarios of price changes (whether through logistical costs, tariffs & taxes or exchange rate movements) and consider if changes in mobility of people might impact the workforce or customer base.
  • Thereafter, think about scenarios for the possible opening up and closing down of opportunities in various markets, how the competitive landscape might alter and, perhaps in addition to planning for the downside, consider what upsides might present themselves?     
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AGN News in the region:

May 2020

Press Release #3: AGN GBV: Remote Working – Is the genie out of the bottle? 

In the third edition of a series of special reports, our survey highlights that almost all firms will retain some aspects of this new reality. Malcolm Ward, Global CEO comments, “For many being forced to introduce remote working has accelerated changes often already underway, and also created positive developments in areas like communication, technology and security – it’s also put a question mark over the use of traditional working practices in particular the future role of the office”.

Read the Press Release

May 2020

Press Release: Indian Firm Joins AGN Membership


AGN International welcomes JDNT and Associates to their AGN AP membership. Find out about the firm and their reasons for joining one of the world’s leading associations of independent certified public accounting and consulting firms.

Read the Press Release

AGN Firms in the country

Adams & Miles LLP
195 County Court Blvd.
Suite 200
Brampton ON L6W 4P7
Time Zone: GMT -5
Phone: +1(416) 502-2201
Adams & Miles LLP
2550 Victoria Park Ave Ste 501
Toronto ON M2J 5A9
Time Zone: GMT -5
Phone: (+1 416) 502 2201
Dougan Irwin & Associates
2nd Floor, Long Lake Plaza
#3 - 4890 Rutherford Road
Nanaimo BC V9T 4Z4
Time Zone: GMT-8
Phone: (+1 250) 754 1291
Contact Partner: Donald L. Irwin
EPR Maple Ridge Langley, Chartered Professional Accountants
21542 48 Avenue
Langley BC V3A 3M5
Time Zone:
Phone: (+1 604) 534 1441
EPR Maple Ridge Langley, Chartered Professional Accountants
22377 Dewdney Trunk Road
Maple Ridge BC V2X 3J4
Time Zone:
Phone: (+1 604) 467 5561
Contact Partner: Patrick Smith
EPR Rieger Bray Hohl
40 Centre Street
Suite 100
Chatham ON N7M 5W3
Time Zone: GMT -5
Phone: (+1 519) 436 0556
Contact Partner: Sandra Hohl
EPR Rieger Bray Hohl Licensed Public Accountants
40 Queen Street
Suite 100
Tilbury ON N0P 2L0
Time Zone:
Phone: (+1 519) 682 2300
EPR Yellowknife
P.O. Box 20072
Unit 410, 4921 - 49th Street
Yellowknife NWT X1A 3X8
Time Zone: GMT - 7
Phone: (+1 867) 669 0242
Logan Katz LLP
105 - 6 Gurdwara Road
Ottawa ON K2E 8A3
Time Zone: GMT -5
Phone: (+1 613) 228 8282
Meaden & Moore, LLP
717 7th Avenue S.W.
Suite 610
Calgary AB T2P 0Z3
Time Zone: GMT -7
Phone: (+1 403) 299 0560
Meaden & Moore, LLP
1440 St-Catherine West
Suitew 710
Montreal QC H3G 1R8
Time Zone: GMT -5
Phone: (+1 514) 866 5431
Meaden & Moore, LLP
40 University Ave
Suite 700
Toronto ON M5J1T1
Time Zone: GMT - 5
Phone: (+1 416) 596 1000
Meaden & Moore, LLP
1096 W. Pender Street
Suite 301
Vancouver BC V6E 2M6
Time Zone: GMT -8
Phone: (+1 604) 683 5877
Rolfe, Benson LLP
1500-1090 West Georgia Street
Vancouver BC V6E 3V7
Time Zone: GMT -8
Phone: (+1 604) 684 1101
Rumley Holmes LLP
301 Bryne Drive
Barrie ON L4N 8V4
Time Zone:
Phone: (+1 705) 722 4272
Contact Partner: David Holmes