News & Updates
- Canada is among top 10 in terms of developed economy, trading nation and stock exchanges. In addition to founding member of the UN, Canada is part of the OECD, the NATO, the G7, the Group of Ten, the G20, the NAFTA and the APEC forums.
- Canada is placed at number 22 in ease of doing business among 190 economies. Whereas starting a business, Canada ranked number 3 among 190 economies.
- No lethargic process of getting a company registered and obtaining VAT/ taxation registration.
- No official contact necessary and no bribes,
- In addition to economic freedom, foreign investors have unrestricted access to fair legal system and lack of Government interventions.
- Circa 38% of population resides in Ontario which makes it heaven for any start up or foreign investor. A start up or investor may think of Ontario Incorporation.
- About 4/5th population resides within less than 100 miles of contiguous US border. A Federal Incorporation may provide access to majority population within 100 miles although Canada is second largest country in terms of total area.
- One of highest per capita immigration rates due to mainly economic policies and freedom.
- Canadian economy is dominated by service sector whereas petroleum, agriculture, minerals and forestry are also major components.
- Last but not least, Canada has low level of income disparity and disposable per capita income above OECD average, 12th highest ranking in human development index and three-quarter of country’s workforce employed by Services sector.
http://www.doingbusiness.org/content/dam/doingBusiness/country/c/canada/CAN.pdf