Not only is Canada a great country for families and individuals to live and work, it is also an attractive destination for foreign investors who would like to start a business or acquire an existing business. Here are some of the top reasons Canada should be your next destination for foreign investment.
- Stable Banking System
According to the World Economic Forum’s annual Global Competitiveness Report, Canadian banks are among the most stable in the world, making Canada a safe and rewarding choice for foreign investors.
- Educated Workers
Canada has the most highly educated workforce among the member nations of the Organisation for Economic Co-operation and Development. This means investors will have highly educated workers to help them grow their business and get the best return on their investment.
- The Canada-European Union Comprehensive Economic and Trade Agreement (CETA)
Having come into force provisionally on September 21, 2017, CETA is a trade agreement between Canada and the European Union (EU) which is designed to facilitate the transfer of goods and services between Canada and the EU. Among its other benefits, CETA provides that foreign investors from the EU cannot be restricted from establishing and expanding their businesses in the Canadian market. Once the investment has commenced, CETA ensures greater transparency and protection for the investments of EU investors.
- Projected Population and Economic Growth
Canada is a growing country which continues to attract some of the world’s most skilled and educated people. Statistics Canada estimates that by 2063, the Canadian population will have reached between 40 million people and 63.5 million people.
- Funding Programs
Canada’s federal and provincial governments, together with other government agencies, offer funding programs and incentives to help facilitate foreign investors’ investment in Canada.
If you would like to explore the options available to you to invest in Canada, call 1-800-CITIZEN today to book your initial consultation with a lawyer.