By: Omar Hegazi

Low Tax Rates

Canadian governments have encouraged manufacturing through trade policies that support investment and innovation.

Companies that do research to produce better good and services will get lower taxes. For instance, if a car company spends money to research about better ways to produce better cars, then the amount of money that the company spent to do the research will help him to get a lower tax from the Canadian government.

Canada also has the lowest taxes among the G7 countries and by 2012, Canada's corporate income tax rate will fall from 18 percent to 15 percent - less than half of the U.S. rate.

Human Resources

Canada has a skilled labour force due to high levels of educational achievement and great amount of first-class business schools. For example, eight top management schools, ranked top in the world, and eighteen of the top engineering schools in the NAFTA countries are in Canada. According to this information, Canada has the highest percentage of individuals with a college or university qualification.

The frequency with which a worker leaves one job for another in Canada are half the American rates, resulting in greater stability for companies as well as less overall costs.

Canada is also ranks the first in the communications of technology as stated by the Organization for Economic Cooperation and Development.

The Organization for Economic Cooperation and Development also stated that Canada has the highest computer literacy rate in the G8.

Positive Business Climate

• The business climate of Canada has been ranked fourth in the world as a measure of how easy companies can run their business.

• Canada’s business climate encourages success of a business, fair competition, proper business ethics, and welcomes foreign investment.

• The international Policy Center (IPC) has ranked Canada first in ethical practices, which includes equal opportunity, support of human rights, equal labour standards, and protection of workers’ health and safety.

• Finally, Canada also has a higher rate of unionization than the U.S.A. which means that Canadian workers lose fewer work days per capita than those in the U.S.A. This helps Canada to have a steady and smooth operating environment.

Overview

If you're a non-Canadian thinking of starting a business or want to expand your company's operations, think Canada!

We have a lot more to offer business than just beautiful scenery.

A stable financial system, highly-skilled work force and competitive corporate taxes are only some of the advantages of doing business in Canada that will benefit your business' bottom line.

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