3.2 Attracting foreign investment 

Foreign investment

 A foreign investment is when a company expands its business into a foreign investment.

==Advantages:== Employment, increased economic activity, new technology that improves productivity and forcing domestic companies to be more competitive.

==Disadvantages:== Detract from the country’s identity and profits earned by foreign-owned companies don’t stay in the host country. 

Key factors for support for foreign investors.

• interest rates,
• employment rates
• TSX inflation rates. doing that supports business environment for foreign investors.

A supportive business environment

Canada is the number one place to do business

Canada has a strong, stable economy, and has consistently maintained low interest, inflation, and unemployment rate.

Canada has strong ties to North america, Europe and Asia which is an advantage for international business

Has a abundant natural resources

a strong technology base

highly regulated social programs. ex. Education & health care

Most stable banking system

Canada’s business taxes are lower than the united states

Government provides tax incentives to companies working in the technology, science engineering and film industries.

Gateway to the world

Ways Canada is a gateway to the world

Making business connections easy

• NAFTA which is the  North American Free Trade Agreement which allows them to have access to Mexico which opens the gateway to Latin America.
• CETA - The European Union comprehensive economic Which allows Canadian businesses to trade unimpeded with all the countries in Europe
• Strong connection with Asia because of proximity immigration links
• Membership in APEC which is Asia Pacific economic cooperation.

Infrastructure advantage

• Second-largest country in the world to have a strong infrastructure and transportation system used for communication with other businesses

• Canada is home to more than 300 commercial ports

• St Lawrence seaway is the world’s longest inland waterway

• Extremely well developed rail system

  ==Advantages==: allowing goods from around the globe to travel easily from the Atlantic Ocean to the middle of North America.

A great place to live attracts great employees

Human Development Index (HDI): A statistic produced by the united nations used to rank countries based on three elements; Health, education, and standard of living.

• Great place to live because we embrace our values which include Freedom, equality, tolerance, compassion and Justice as they are written in the Charter of Rights and Freedoms for all citizens to read and follow.
• citizens themselves are very smart, talented, and educated so living here will put you in a good spot in human development,  with an education you will be both attracting great employment opportunities
• Toronto ranked 16th in Mercer Human Resources rate for quality of life

Cultural diversity

Canada’s best assets is its immigrants

Attracts highly educated and knowledgeable people who enhance and grow the workforce

Canada’s population has grown because of immigration policy

Immigration provides an advantage in international business expansion because of new immigrants with in-depth knowledge of their homelands and cultures.

Employees from different parts of the world use their culture to provides information about new and untapped markets throughout the world

They are able to easily respond to any foreign customers needs and provide information that is essential when Canadian businesses are exporting their products. 

Hiring employees with different backgrounds and experience introduce a variety of points of view to a workplace