After the global recession in 2008, Canada was hailed as an
incredibly strong global economy due to the country's economic
health in the face of the shrinking economies of its allies.
Canada's reputation as a stable economic force continues
to this day, influencing business people from around the work to
choose Canada for the expansion of their businesses.
Canada's admirable business climate has been highlighted by
a number of different organizations. In 2012, Canada was
named the best country in the G20 for business by Forbes, and
Canada's strong economy and unrestrictive business regulation
are regularly recognized by the annual Doing Business project.
In 2014, Doing Business, an annual national business environment
ranking composed by the World Bank and the International Finance
Corporation, recognized Canada as one of the top two locations for
starting a business. Canada's overall rankings for the
2014 year were impressive, placing in the top 20 countries
internationally for business. Canada also took second place
for entrepreneurship and starting a business, likely due to the
fact that only one procedure is required to register a new business
and this process takes only 5 days. Additionally, it is
significantly less expensive to start a business in Canada than in
many other OECD high-income countries and there is no minimum
capital or net worth required to start a business!
When Canada's business rankings are compared to other
nations with similar sized economies, Canada's business
environment stands out. While Canada is ranked 19th overall
for doing business, similarly sized economies Spain is ranked 52nd,
Italy is ranked 65th, Russia is ranked 92nd, and India is ranked
134th. Canada also ranks above economic powerhouses Germany
and Japan for the ease of its business environment.
Every year, individuals from all around the world travel to
Canada in order to network with business owners and clients,
conduct market research, and get involved in the Canadian labour
market. As Canada's excellent business climate and
consistently strong economy continue to attract business people,
these individuals are forced to navigate complex Canadian
immigration procedures to determine their eligibility for business
travel to Canada.
Business visitors, individuals expanding their businesses to
Canada, and foreign workers transferring to a Canadian subsidiary
of their current company are all bound by different regulations,
complicating the process of doing business in Canada.
To learn more about navigating Canada's business environment
and how to do business in Canada as a foreign national, register
for FWCanada's Superivising Attorney Marisa Feil's webinar
on September 23rd here.
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September 21st, 2016 - Immigration authorities conducted the 20th round of invitations under Express Entry in 2016 and 43rd overall, inviting 1288 applicants for permanent residence with a lowest CRS score of 483.
Canada received more than 320,000 immigrants in the last 12 months, approaching levels not seen since the early 20th century. The per capital immigration rate at .88%, is consistent with previous Liberal government policies.
October 12th, 2016 - Immigration authorities conducted the 21st round of invitations under Express Entry in 2016 and 44th overall, inviting 1518 applicants for permanent residence with a lowest CRS score of 484.
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