International Commerce
An active trading nation and the largest trading partner of the United States, Canada is an important part of international commerce. In 2009, Ontario exported $148 billion in goods and services worldwide, almost half of which was exported by more than 76,000 Toronto-based businesses.
As a member of APEC, (Asia Pacific Economic-Cooperation), Canada has exceptional access to Asia Pacific markets and is well positioned to capitalize on the long-term growth potential of local economies. To increase international commercel, Canada has invested over $1 billion in the Asia Pacific Gateway and Corridor Initiative to support stronger infrastructure links among Canada, NAFTA and Asia Pacific markets. NAFTA alone provides Canadian businesses with open access to 444 million consumers and a combined GDP of over $18 trillion (Canada's International Market Access Report, 2009).
Confidence in the Canadian economy make it an attractive destination for foreign direct investment (FDI). In 2009, the total value of Canada's FDI (Stock)1 was $549 billion. Ontario remains the top destination in North America for FDI (IBM, Global Location Trends, 2009), attracting more new jobs than any other jurisdiction in North America in 2008 (07).
1 Foreign Direct Investment (Stock) is defined as the value of the share of capital and reserves (including retained profits) attributable to the parent enterprise, plus the net indebtedness of affiliates to the parent enterprise.
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Financial Solutions for Buyers of Canadian Products
Export Development Canada provides direct buyer loans, lines of credit, loan syndication and leasing to Canadian companies exporting products globally
Year: 2010
Categories:
Access to Capital, Trade
Global Enabling Trade Report
Measures and analyzes institutions, policies and services enabling trade in national economies.
Year: 2010-2011
Categories:
Trade
Invest In Canada's Flagship Report: 2010
The Flagship Report provides Canada’s value proposition to foreign investors. It offers a comprehensive presentation of Canada’s conducive business environment and presents the wealth of business opportunities in 7 leading-edge sectors.
Year: 2010
Categories:
Business Environment, Incentives & Tax Advantages, Trade, Invest Toronto
Trade, Innovation, and Prosperity
The working paper from the Institute for Competitiveness and Prosperity examines the importance of expanded international trade to Ontario's prosperity.
Year: 2010
Categories:
Trade
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