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

Exports

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.

Imports

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.

Destinations

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

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

 

Business Opportunities:

CANNABIS IN CANADA: GREEN IS GOOD     (Mar 2018)

Later this year, Canada is set to become the first G7 country to legalize recreational, adult-use cannabis. With the once-fledgling sector now boasting a combined market value of around $30 billion, whatever the moral or legal implications, entrepreneurs worldwide are looking to the ‘Great White North’ and considering opportunities to cash in on the so-called ‘Green Rush’.  (Article by Adams & Miles)

find the firm best prepared to serve you

AUSSIE TECH – BIG OPPORTUNITIES FOR DIRECT INVESTMENT     (Jan 2018)

There are huge opportunities for AGN technology clients in Australia. Between 2014 and 2020, the contribution of digital technologies to Australia's economy is forecast to grow 75% to A$139 billion.

Almost all of this growth (97%) is predicted to take place in a range of traditional sectors such as financial services, agribusiness, life sciences, resources and energy. The Australian government warmly welcomes foreign investment in the some critical areas.

find the firm best prepared to serve you

THE ‘MACRON EFFECT’ MAKING FRANCE AN ATTRACTIVE PLACE FOR FOREIGN DIRECT INVESTMENT     (May 2018)

Emmanuel Macron took office as the President of France on 14 May 2017, becoming the youngest president in French history and youngest head of state since Napoleon. His victory was based on a manifesto of significant social and economic reform. As his program has started to take effect, Macron has been hailed as having re-launched the French economy as an attractive destination for foreign direct investment – the so called “Macron Effect”.

find the firm best prepared to serve you

AGN News in the region:


January 2018

New Chair for International Business Development Committee


The AGN International Business Development Committee (IBDC) names Tony Sokic of Adams & Miles in Toronto, Canada as new leader.

read more
 

January 2018

AGN Creates New Super Region


AGN International announces the creation of a new “Super Region,” composed of Europe, the Middle East and Africa (EMEA). This region was created to increase opportunities for business development for the firms in both former regions. 

read more
 

AGN Firms in the country


Canada
Adams & Miles LLP
195 County Court Blvd.
Suite 200
Brampton ON L6W 4P7
Time Zone: GMT -5
Phone: (+1 905) 459 5605
EMail: solutions@adamsmiles.com
Adams & Miles LLP
2550 Victoria Park Ave.
Suite 501
Toronto ON M2J 5A9
Time Zone: GMT -5
Phone: (+1 416) 502 2201
EMail: solution@adamsmiles.com
Concert CPA
Suite 600 - 450 Marine Drive
Vancouver BC V5X 0C3
Time Zone:
Phone: (+1 604) 683 0333
EMail: victor.yoshida@concertcpa.ca
Contact Partner: Victor Yoshida
David Pel & Company Inc.
#102 - 10715 135A Street
Surrey BC V3T 4E3
Time Zone:
Phone: (+1 604) 585 1255
EMail: david@dpelcga.com
Contact Partner: David H. Pel
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
EMail: don@douganirwin.ca
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
EMail:
EPR Maple Ridge Langley, Chartered Professional Accountants
22377 Dewdney Trunk Road
Maple Ridge BC V2X 3J4
Time Zone:
Phone: (+1 604) 467 5561
EMail: psmith@eprcpa.ca
Contact Partner: Patrick Smith
EPR North Vancouver
219-700 Marine Drive
North Vancouver BC V7M 1H3
Time Zone:
Phone: (+1 604) 987 8101
EMail: andrea@eprnv.ca
Contact Partner: Andrea Agnoloni
EPR Rieger Bray Hohl
40 Centre Street
Suite 100
Chatham ON N7M 5W3
Time Zone: GMT -5
Phone: (+1 519) 436 0556
EMail: sandra@eprchatham.com
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
EMail:
EPR Stonewall
2 - 278 Main Street
Stonewall MB R0C 2Z0
Time Zone: Central
Phone: (+1 204) 467 5566
EMail: carol@eprstonewall.com
EPR Trillium LLP
174 Sydenham Street East
Aylmer ON N5H 1L7
Time Zone:
Phone: (+1 519) 773 5348
EMail:
EPR Trillium LLP
4174 Catherine Street
Dorchester ON N0L 1G0
Time Zone:
Phone: (+1 519) 268 2660
EMail:
EPR Trillium LLP
540 Clarke Road
Unit 18
London ON N5V 2C7
Time Zone:
Phone: (+1 519) 453 1400
EMail: sandy@eprtrillium.ca
Contact Partner: Sandy Kirkwood-Pearce
Hendricks & Associates
4899 Dundas Street West
Toronto ON M9A 1B2
Time Zone:
Phone: (+1 416) 766 3941
EMail: marlies@ha-accounting.com
Logan Katz LLP
105 - 6 Gurdwara Road
Ottawa ON K2E 8A3
Time Zone: GMT -5
Phone: (+1 613) 228 8282
EMail: office@logankatz.com
Meaden & Moore, LLP
717 7th Avenue S.W.
Suite 610
Calgary AB T2P 0Z3
Time Zone: GMT -7
Phone: (+1 403) 299 0560
EMail: meadenmoore@meadenmoore.com
Meaden & Moore, LLP
1440 St-Catherine West
Suitew 710
Montreal QC H3G 1R8
Time Zone: GMT -5
Phone: (+1 514) 866 5431
EMail: meadenmoore@meadenmoore.com
Meaden & Moore, LLP
40 University Ave
Suite 700
Toronto ON M5J1T1
Time Zone: GMT - 5
Phone: (+1 416) 596 1000
EMail: meadenmoore@meadenmoore.com
Meaden & Moore, LLP
1096 W. Pender Street
Suite 301
Vancouver BC V6E 2M6
Time Zone: GMT -8
Phone: (+1 604) 683 5877
EMail: meadenmoore@meadenmoore.com
Rolfe, Benson LLP
1500-1090 West Georgia Street
Vancouver BC V6E 3V7
Time Zone: GMT -8
Phone: (+1 604) 684 1101
EMail: admin@rolfebenson.com
Rumley Holmes LLP
301 Bryne Drive
Barrie ON L4N 8V4
Time Zone:
Phone: (+1 705) 722 4272
EMail: dholmes@rhpartners.ca
Contact Partner: David Holmes