Market Report : The Market Analysis Of A Foreign Market

Currently, Canada is economically heavily dependent on larger economic countries for research and development and new technologies. Canada also has always been dependent on the extraction of its primary products for export to other countries. "As far back as 1963 as much as sixty percent of the manufacturing industry was owned by firms whose head office lay outside the region or in foreign countries" (www.Statisticscanada/local/stateprov/ont.html. October 5, 2001).

Canada is currently sitting at a population of over 30 million people and is ranked 11th in the world in terms of exports (Canada: Economic Freedom, 2017). The economy in the country seems to be thriving very well with many skilled workers and plenty of jobs for most individuals in the civilian labor force. For the most part, Canada has always done pretty well in terms of having a successful economy. Starting in the early 50s Canada was thriving primarily off of the waterways unlike today the country thrives off selling petroleum, cars, and other things other countries need and want. Although this shift from a farm based economy too much more industrialization did not happen until after the Great War, it wasn't until the 1920s until Canada

Unemployment currently sits at a seven point two percent as of March two thousand thirteen. This is a slight increase recently but has gone down from about eight point seven percent back in two thousand nine, the labor force has also increased by roughly one million people since the middle of two thousand nine. There has been a big boom for Canada since the American financial crisis which definitely affected the livelihood of Canadian citizens. Canada is unique because it is officially a bilingual country. This is an important factor when considering doing business in Canada. Canada has a constitutional monarchy which also has three branches of parliamentary (Legislative, Executive, and Judicial). The head of state is Queen Elizabeth the second. Canada is one of the top ten trading countries in the world; they are a very globalized country. They have a varied culture in Canada a major factor in this may be because it has the highest immigrations rate per capita in the entire world. The country itself prides itself on the multiculturalism that it promotes as a society and as a government. They come from British and French ancestry but also have a big influence from the Canadian people that instantly make Canada a very diverse market. Canada also ranks eleventh highest in human development as of March two thousand thirteen according to a Human Development Index study conducted by the United Nations Development Program.

Canada has established a clear goal towards helping businesses have long-term relationships & growth internationally and to save money. Mainly focusing on negotiating better rules/policies that will work alongside local manufacturing and exporting organizations in Canada and around the world. Canada has become willing to aim their business intentions towards working with the WTO and other countries, in efforts to overcome their global presence issues. The “Free Trade Agreement” helps Canada’s exporter and manufacturer gain a competitive advantage globally (with Europe, Latin America and other countries) by exposing them to new customers and investment opportunities (resulting in greater sales numbers). Constant focus on building a

"A country can be influential in the world by the size of its heart and the breadth of its mind, and that's the role Canada can play," It is through these international affairs that have strengthen Canada economically and

The province substantial natural resources have long been the mainstay of its economy such as a aerospace. Information and communication technologies, biotechnologies, and the pharmaceutical industry play leading roles. All of these industries have helped quebec become an economically dominant province within canada, second only to ontario, in economic output.

Canada has been shaped by the historical influences of World War 1, The Roaring 20’s & Dirty 30’s and World Was 2; setting the basis for the society for which we live in today. World Was 1 had a big impact on Canada because it started the process of giving woman rights and showing people that they can do the same jobs men can do. The Roaring 20’s & Dirty 30’s has a big effect on the country because people went from having a lot of luxuries in the 20’s, To having no luxuries in the 30’s. When World War 2 came it gave people jobs and money so they could buy back everything they lost in the depression.

Canada is a very strong country but this didn't happen overnight. Thanks to Sir John A.Mac Donald (SJAM) we have our strong country. SJAM created the National Policy in order to make a huge impact on the Canadian economy. You may wonder what the goal of this policy was? Well the goal was to create a strong economy with jobs and immigrants making money for their country. Before SJAM put his policy through he needed to narrow it down into three parts. The parts would make a formula for a successful country. They were transportation, immigration and economy. Transportation to bring immigrants and resources in. Immigration so immigrants could make money and populate Canada. Economy to make money for Canada.

Canada is a country located in North America. Canada has a terrestrial border with only the United States and is bordered by the North Atlantic Ocean in the east, North Pacific Ocean in the west and Artic Ocean in the north (www.cia.gov/cia/publications/factbook). The country is composed of ten provinces and has three territories. It is a country that is larger a little bit larger than United States. Canada is one the biggest country in the world in the world with its 9,984,670 sq. km. Canada has a population size of 34,834,841 inhabitants and the most important part of this population is the 25-54 years. The country has also a good migrant rate and which can explain in part the size of its population. The governmental system is characterized by three principal features: a parliamentary democracy, a federation, and a constitutional monarchy. The country is leaded by a prime minister

The second key term, the business growth and economic growth of Canada. In Canada, skilled expatriates are a key source of information for Canadian companies in the global economy. Expatriates had opened doors to finance options available overseas and had attracted foreign speculation in Canada. People from around the world that came to Canada brought new education, strategies, different types of work experience, and a global business context to aid Canadians throughout the business world. There are also other advantages of hiring people from disparate countries. These people have helped business tap into an advanced community. They have expanded Canada’s customer foundation through mitigate cultural awareness and communication. Other than

Canada offers education at comparatively less cost than its other western counterparts that is one of its distinctive advantages.

Another aspect that is highly considered in Canada is how its people are peacekeeper, polite, look after one another and respect each other. In Brazil people are peaceful and polite, but not as much as

Another big thing in Canada is NAFTA. Nafta is a trilateral trade bloc between the U.S. and Canada and Mexico. Sadly, its reduced U.S. Jobs but it ships products

The overall Canadian industry and work operate in the context of free trade and also globalization. The increase in integration and economic interdependence has no effect on many economies, including the Canadian economy. The integration has instead strengthened the nation which makes it to stand out. Opening up new

According to Forbes, Canada is ranked 6th in their “Best Countries For Business” list; this list is constructed through careful analysis of the country’s economic data. There are many aspects that make up a country’s economy which will be explained in more detail below. All these factors can be analyzed separately but they are all interconnected which is why a country’s economy is so dependent on their individual success. The government’s goal is to prioritize economic growth in order to maintain a high standard of living for its citizens.