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Disadvantages Of Doing Business In Canada

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This report is to analyse the advantages and disadvantages of doing business with Canada. One of the main disadvantages is that the population is shifting into an overpopulated senior population and the repercussion of this is the difficulties in pleasing the younger and older generations simultaneously. Canada is filled with rich recourses beneficial for trade and gives us a competitive advantage, items such as Oil Sands, Oil and gas, lumber, and water. The public infrastructure in Canada is still a work in progress, but we strongly excels economically and is estimated that it will surpass the United States in the nearby future; this itself shows the progress that we have overcome over the past few years. The natural resources that Canada …show more content…

This all originates from Canada’s diverse society in the country that creates connections with other countries for international trade. When planting a business in Canada there is a high likely hood that this will attract many customers and will grow and expand rapidly. Canada’s diverse population and wide range of resources will be beneficial in boosting your profits. Canada’s rapid growing industries are increased by their information and communications technologies (ICT), environmental technologies, and oil and gas exploration. Oil and gas is a large aspect in exporting and importing business in Canada. Our Telecommunication network enhances Canada’s resources by their status by their advancement network and world-class roads. This then creates more opportunities for worker that are highly skilled and educated, and bilingualism in the workforce. Oil sands are hidden treasure of Canada’s wealth there is estimated to be over 170 billion barrels of oil (over 27,000 trillion liters) in the tar sands. The prairies offer up over 1.7 million km2 of land being a valuable asset to Canada’s resources. (StatsCan). This land is mainly known for its large farms that produce crops like wheat and other grains, as well as beef and other types of livestock or commercial purposes. As the world’s population grows exponentially larger every day, having all of this farmland in our possession offers Canada a huge …show more content…

It’s the public infrastructure that includes aspects like- roads, water, mains, sewers, bridges - that allows people to live out their daily lives and improves Canada’s efficiency. The possibility of having a successful business in Canadian depends on innovative and efficient infrastructure. Ottawa would be a main example of lack of instruction in a 1st world city consists of one train system; the O-Train (that’s just being made) and bus routes that are satisfactory. Ottawa has begun its renovations for the new transitways but it will possibly take years to complete the final product. The O-train scheduled to finish in 2018, however the city needs a strategy that connects the main locations using the transitway otherwise the likely hood of it being done on time will be low. Even though the nation’s capital lacks the public infrastructure, there are many other cities in Canada that has better designed infrastructure for business such as Toronto, Montreal, and Vancouver. The future for Ottawa is heading in the direction of attracting international business given the transitway continues to expand and improve in its services. Highways in Canada is a large transportation in Canada and states on their website that there are over 38,000 km of national and regional highways stretching from coast to coast to coast (Transport Canada). This makes the future transportation in Canada much more reliable and

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