Are you a non-Canadian business owner who is interested in conducting business in Canada? Canada is open for business and is very welcoming to foreign investment, as well as business immigrants. Some international business cost studies show that Canada’s business costs are some of the lowest – namely approximately 5 percent lower than those costs related to conducting business in the United States. It has steadily remained one of the best countries for business as far as being very welcoming and profitable across the globe.
Doing Business in Canada
Among the competitive advantages that are most notable as related to conducting business in Canada, some of the highlights include:
- Stability – Canada has a very reliable banking system. For several years, the World Economic Forum has rated Canada’s banking system as the most sound in the world.
- Highly-Skilled Workforce – Canada has a very highly-educated population and tends to attract many of the best and brightest from all parts of the world.
- Industry Strengths – Canada’s fiber optics, biopharmaceuticals, and aerospace industries have been recognized for their leadership. The nation is also a leader in other fields, such as digital gaming, agri-food, and medical devices.
- Location – Canada is located at the “crossroads” between the North American market and the strengthening economies of Asia.
- Lifestyle – Canada is known for cleanliness and its progressive society with high standards of living. It is known to be a wonderful place to live, work, and raise one’s family.
Marketing with Canadian Toll Free Numbers
If marketing to a new pool of customers and clients, Canadian toll free numbers can be added to your website to announce the launch or expansion of your business in Canada and to allow for your new client base to reach you without having to pay for the phone call.
The value of allowing your contacts to reach you via toll free numbers in Canada versus only allowing for online chat or email communication cannot be underestimated. Communication in person or via telephone still holds a lot of value as far as gaining trust and building brand loyalty. Canadian virtual numbers are an asset in every way.
Benefits of Doing Business in Canada
In addition to the above-mentioned advantages, Canada also offers businesses well-worth-it R&D tax credits and incentives. Also, the nation’s appealing environment for research is supported by policies that encourage innovation, such as sufficient protection for intellectual property, openness to high-skill immigration, transparent government practices, and open competition in the domestic market as it relates to the deployment of communication technologies/ platforms and digital information.
If you are interested in learning more about doing business in Canada, one of the best resources is the Canadian Trade Commissioner Service website. You are able to go to the section that lists cities, provinces, and territories and choose the area you are interested in to get more detailed information specific to an area in terms of conducting business in that area. The website also offers a plethora of information related to various industries in Canada.
One of the first decisions to make when interested in establishing a business in Canada is which type of business to form. Types include sole proprietorships, partnerships, cooperatives, joint ventures, franchise, and corporations. Most foreign companies opt for operating as a corporation. You will also need to decide whether to operate as a brand or a subsidiary and whether to incorporate provincially or federally. If the business is incorporated federally, there is a level of encouragement to conduct business throughout all of Canada.
In order to begin contacting the Canadian Trade Commissioner Service and other important resources for information, documents, hiring of staff and more, it is a necessity to have telephone conversations. The purchase and use of Canadian toll free numbers can greatly facilitate this process and help to move things along. You can purchase Canadian toll free numbers and use these numbers to both allow for incoming calls during the research and business establishment process as well as after the business has been established.
United World Telecom has been providing Canadian toll free numbers and toll free numbers for many other nations for decades. Call a global communications specialist from United World Telecom today, to discuss the process involved in obtaining your own Canadian toll free numbers.