Canadian Branch plant economies

Canadian businesses and governments have been constantly working on increasing their global market, by enforcing more supportive programs and effective policies. Funding Canadian organizations to enter the international market. The government has announced various support programs with the intentions to improve support such as EDC helping canadian companies sell beyond Canada’s borders and BDC which support small and medium-sized businesses in all industries and

Due to the vast physical diversity in our country, there are many different natural resources available ranging from oil to fish to minerals. Canada is number 4 on the list of countries with the most natural resources; it has 33.2 trillion dollars worth of natural resources. The interior plains have a rich source of salt, oil and natural gas. The revenue from oil was about 2.5 billion dollars in 2016 in Alberta. The Great Lakes-St.Lawrence Lowlands has an industry of hydroelectricity and agriculture. The soil is very rich and good for farming. The great lakes and the St. Lawrence River also provides a source of fish and fresh water which is exported. Hudson Bay and Arctic Lowlands has a lot of different kinds of natural resources (e.g., forestry, hydroelectricity and natural gas) due to the physical diversity. Most of the economy in this region comes from mining ( over 100 million dollars in revenues). It’s very important for us to try to preserve the physical diversity of our country because as we can see our economy is greatly affected by it. We have most of our natural resources because of how different our land is in

In my opinion, the top growth areas for Canada’s future trade are machinery including computers, electrical machinery and equipment, and aircraft /spacecraft. Essentially, I included all the industries that involve technology and the sciences because that is how civilization will advance. First of all, there are already predictions of what the future will hold with the advancement of technology, such as artificial intelligence, robots, and digital currency changes. For instance, we can already see how the internet, phones, and online banking has changed not only our lives but the potential of businesses. There was even a poll in the US, where 59% of Americans are optimistic about the coming technological and scientific changes, and how it

Economically, Canada has grown enormously in terms of natural resources and manufacturing. They built Canadian pulp, paper grew, and new mills in different region. Also, mining boomed, so the minerals which are lead, zinc, silver, and copper were used to produce radios or home appliances. American companies invested in pulp, and paper mills and mines across Canada. The majority of these resources were then exported to the U.S.

Gender segregation in employment has prevailed in Canada for many years. The issue is likely to subject the country into an economic crisis, particularly now the economy is moving towards the so-called fourth industrial revolution. In a country where the labor force is made up of 50 percent women, such a revolution shift to male-dominated talent is likely to be detrimental to the country’s economy as talented people will lack to fill positions. As outlined in the article, the revolution, which is as a result of technological advances such as 3D Printing and Robotics, will negatively impact on the traditional female dominated industries (administration and clerical jobs), while

The question is why is that the case? A good study should be able to give us some answers. Why don’t we have a strong secondary manufacturing sector in Northern Ontario?

International trade is the selling and buying of goods and services between different countries. The trading is done between individual people, businesses and government agencies. Up to 40% of Canada’s total production is made up of exports of merchandise and services (The Canadian Encyclopaedia 2017). Canada is known to be the 11th largest export economy in the world and according to the Economic Complexity Index (ECI), it is the 23rd most complex economy (OEC 2017). Canada has quite a large range of exports with 46% being made up of automobiles, machinery and equipment. The remaining 54% is made up of natural resource industries such as agriculture, energy, fishing, forestry and mining (The Canadian Encyclopaedia 2017). Trade agreements are

In 2013, based on the Statics of the Canadian Industry (2014), the country had a total

under above discussed dimensions the structure, setup and its processes help and favours lot more in doing business in Canada relatively than many other countries in the world

This case study is about Dick Spencer, Vice President of a large manufacturing firm, Tri-American Corporation. He was also a plant manager of Modrow company, the Canadian branch of the corporation. Tri-American is mainly focused on the production of aluminum and other aluminum related operations. The company has wholly-owned subsidiaries in five United States locations as well as foreign affiliates in fifteen different countries.

This is in part due to the fact that the Canadian economy fails to support the development of domestic giants because of the reasons discussed above. As a result, value-added activities, for example R&D, are not performed in Canada. The branch plant operations simply carry out non-strategic and non-value-added operations that do not give the county any competitive advantages or innovative drives. Furthermore, re-investment is limited in the Canadian operations because the majority of the resources are allocated to build the companies? competitiveness, which is often done elsewhere.

During the middle period of 1950’s Canadian car industry was succeeding day by day, as they opened new plants and add features, and provide opportunity to work in the industry and earn their livelihood the residents.

The auto industry in Canada has been one the biggest contributors to the economy since its conception. Autonomous State by Dimitry Anastakis discusses both the political and economical impacts of the automobile industry. In the book, Anastakis examines aspects of the auto industry including the Organization of Petroleum Exporting Countries (OPEC) in 1973, which spiked oil prices causing a slow down in exporting goods and a decrease in the general economy. Additionally, Anastakis discusses the downfall of Chrysler in the late 1970’s, which eventually inspired a deal with the government in order to save the company. The book also references the continuation of globalization in Canada, focusing on elements such as the entrance of over seas (mostly Japanese) car companies and in what way they impacted North American domestic companies. Moreover, it explains the effects of the 1989 Free Trade Agreement that was signed between Canada and US. This agreement helped govern trade and economically boosted both Canadian and US markets.

(Sowell, 2006) further illustrates this point stating firms like Molex “will drive their cost lower through investments in plant efficiencies”. Linking this back to (Hill, 2009) where it goes on to say that “manufacturing sites are located in countries where cost conditions are favorable”. We can therefore see that these countries, which are cost favorable, were not chosen at random, but instead selected using a focused low cost strategy. This informs companies like Molex to invest their resources in plant efficiencies, further suggesting that these ‘plant efficiencies’ means an area where capacity utilization can be met but keeping both fixed and variable costs low. This favorable country that is not specified in the case study, could be less developed a country where exchange rate is favorable to the US dollar.

+ However, automobile is the most significant industry in Canada that they are not allow to lose. Although the US market is becoming more competitive and there are lost of disadvantage