As the Canada‑Chile Free Trade Agreement (CCFTA) celebrates its 20th anniversary this month, company representatives from both countries reflect on how the deal has helped business flourish.
As Canada celebrates its 150th birthday this month, trade commissioners who have helped home‑grown businesses succeed around the world reflect on the evolution of Canadian trade and exporting. While Canadian exporting has evolved considerably over the years, when it comes to helping clients, some things stay the same, trade commissioners say.
The global economy has shifted to a higher gear and that stronger growth is reflected in Canada’s international trade performance, indicates the newly‑released Canada’s State of Trade: Trade and Investment Update – 2017, an annual report from Global Affairs Canada’s Office of the Chief Economist.
From birch bark canoes to snowmobiles, and from medical advances to technological breakthroughs, Canada is a nation built on trade and innovation. Canada’s accomplishments have contributed significantly to global progress. As we mark Canada’s 150th birthday, here’s a look at some of Canada’s key inventions.
A Canadian company that makes equipment to measure turbulence in the water could make tidal power installations more viable and profitable. In partnership with researchers from Canada and the United Kingdom, Rockland Scientific Inc. is conducting promising tests in some of the world’s foremost tidal channels that could make the technology more sustainable.
While the United States remains Canada’s number one trading partner, additional data analysis shows Canadian businesses are increasingly diversifying their export markets, with the number of exporters selling to other countries climbing over the last few years—particularly to China, the United Arab Emirates, and Vietnam.
Speeding‑up drug‑discovery research could prove beneficial, given the time and cost involved in developing new pharmaceutical products. Find out how an agreement between organizations in Canada and Germany may help the process along, and lead to new drugs for genetic diseases such as cystic fibrosis.
The Canada-Chile Free Trade Agreement (CCFTA) will celebrate its 20th anniversary next month and Prime Minister Justin Trudeau and Chilean President Michelle Bachelet marked the occasion during a meeting in Ottawa earlier this week by witnessing the signing of amendments to modernize the deal—including a new chapter on promoting gender equality.
Canada tops the number of partnerships forged under a program that encourages Austrian companies and institutions to collaborate with foreign counterparts. Research projects involving wheat seeds, infectious diseases and rail‑car accessibility are highlighting the power of collaboration—and Canada’s diverse research strengths.
Expanding your business into international markets can be highly profitable, but it can also be risky. Similar to home or vehicle insurance for your personal property, trade credit insurance can help protect Canadian companies against deals going sour due to political turmoil, buyer insolvency and other risks associated with exporting abroad.
Ontario exported more to Michigan in 2016 than all of Canada did to China, the United Kingdom, Japan and Mexico combined, reveals data released recently by Statistics Canada. The United States remains Canada’s most important export destination and Ontario dominates with 52.4 percent of all Canadian exports to the U.S. last year originating from the province.
From North Carolina, South Carolina, and Georgia to Alabama, the Gulf of Mexico and the Mississippi Delta, the Southeastern United States ranks high as a place of business, with an influx of new industries that have reinvigorated and expanded its economic base. Find out why Canadians are stopping in rather than travelling through.
Two Canadian occupational therapists who have developed a unique tool that assesses and helps maximize brain functioning and cognitive skills are taking steps to bring their technology to global attention. The web and tablet-based tool detects even modest changes in neuro ability and measures their effect on a person's ability to function.
A new Canada Tariff Finder tool will allow Canadian companies to quickly find information about tariffs that may be added to the goods they export to foreign markets under the various free trade agreements (FTAs) Canada has made with other countries.
School's out for the summer for many post‑secondary students but for trade commissioners working to promote Canada as an education destination and establish commercial partnerships, it's business‑as‑usual. Find out how education, Canada's "secret" export, contributes billions to the economy.
An agreement between the University of Victoria and the Panama government is promoting the institution's top‑notch programs while helping Panamanian teachers and teachers‑in‑training learn new skills to advance their public education system.
A Calgary company has found a way to convert CO2 emissions—which are potentially harmful—and put them to good use from reinforcing concrete to manufacturing high‑performance electronics. Now Carbon Upcycling Technologies has found a U.S. market for its novel technology, with the assistance of the Canadian Trade Commissioner Service.
A Canadian company with technology that uses energy generated by renewable sources to create hydrogen for a wide range of uses is gaining contracts and notice across Europe and beyond. Hydrogenics is at the forefront to develop applications that could "decarbonize" energy that is stored and used around the world.
Canadian companies exporting abroad are more productive overall than those focusing solely on the domestic market, recent research by the Office of the Chief Economist reveals. The research, based on exporter profile data from Statistics Canada, shows exporters tend to be larger and more efficient, on average, than non‑exporting firms.
Heather Sheardown, a professor of chemical engineering at McMaster University in Hamilton, had an eye-opening experience when she met with one of Canada's trade commissioners in Germany. The collaboration that resulted between her lab and Bayer Pharmaceuticals could lead to new ways to deliver drugs to the eye for debilitating illnesses such as age‑related macular degeneration.
A Vancouver company that makes sustainable technology to improve the health and increase the yield of plants without using chemical pesticides or fertilizers is turning heads in the world of agricultural technology. Terramera promises to unlock the power of nature to make "clean" food affordable.
The journey begins with a great idea. Find out how making the right business decision is crucial for bringing that idea to the world.
An ocean separates Newfoundland and Labrador from Iceland, but it also joins them. When it comes to the harvest, sale and consumption of seafood, these regions have much in common, from fish species such as cod, mackerel and herring to similar marketing techniques and consumer tastes.
Ellen Melcosky has found a big global market for her Little Miss Chief wild-caught smoked salmon by promoting her company as distinctly Indigenous, telling her unique story and enlisting the help of the Canadian Trade Commissioner Service. It's a recipe that's bringing her success in countries around the globe.
2017 marks the 20th anniversary of a Canadian Trade Commissioner Service initiative to help women-owned businesses reach global markets. Find out how the Business Women in International Trade (BWIT) program continues to help women secure international contracts.
Passed down through generations, Shut Ur Pie Hole's unique recipe for pies in jars is becoming a hit in the United States, attracting more than just pie lovers and foodies.
For businesswomen wanting to stay one step ahead of the competition, an entire network stands poised to help. Find out how Global Affairs Canada's Business Women in International Trade (BWIT) program works with the Women’s Enterprise Organizations of Canada (WEOC) to help women‑owned companies.
As a child growing up in Cambodia, Richard Yim vowed that one day, he would do something to rid the world of unexploded landmines that kill and maim thousands of people each year. That day has come.
Global appetite for Canadian brain‑power is on the rise—a trend reflected in the growth of research and development (R&D) services exports in recent years. Data published recently by Statistics Canada shows that from 1990 to 2015, Canadian exports of R&D services grew at an annual average rate of 8.6 percent.
Canada's science, technology and innovation agreements with global partners have set the stage for some impressive achievements that are creating lasting benefits for Canadian researchers and exporters. Find out how agreements provide a stable framework for increasingly important collaborations amidst today's world of instant communications and ever‑evolving technology.
Canadians aren't afraid of the cold. In fact, with the Arctic making up about 40 percent of Canada's landmass, its inhabitants have embraced the harsh climate and developed cold weather expertise, now showcased in a new Canadian Arctic Capabilities guide.
A Métis‑owned company is competing with global footwear giants by telling the story of its ancient traditions—one pair at a time. Find out how Manitobah Mukluks has become the world’s leading manufacturer of modern mukluks and moccasins, while building capacity in Indigenous communities across Canada.
For businesses looking to export, a guide by the Canadian Trade Commissioner Service is here to help—every step of the way.
Technology being developed in Canada designed to help first‑responders deal with natural disasters and mass emergencies is turning heads in the Rocky Mountain region of the United States.
A program supporting industrial research and development (R&D) projects with high potential for commercialization helps Canadians take the first step with technology partners from Brazil, China, India, Israel or South Korea. As space industry representatives discovered, results can be out of this world.
From creating visual effects for the silver screen to producing the popular video games played on smart phones, Canada's high‑tech companies are "rising stars" in the highly competitive Los Angeles digital entertainment scene.
The Netherlands is a hub for security technologies and a gateway to Europe and it can be a challenging place to get established, but Canadian companies are gaining a leg up through a new platform offering guidance and connections.
American enterprises account for the lion's share of research and development (R&D) spending in Canada by foreign multinationals, new data shows.
January 1, 2017 will mark two years since the Canada‑Korea Free Trade Agreement (CKFTA) came into force with numerous advantages for Canadian exporters, and the anniversary date will bring even more tariff reductions.
From lobsters to nuclear power training simulators Canadian goods and services are reaping the benefits of the Canada‑Korea Free Trade Agreement (CKFTA) and with more tariff reductions coming soon, businesses say things can only get better.
An established economy and a hub of stability and influence in the burgeoning Asia-Pacific region, Singapore—with its fast-paced business climate—is an ideal gateway to Asia. Here's a look at why so many companies are "singing the praises" of Singapore.
Canada's unit labour cost (ULC) in manufacturing has improved considerably in recent years compared to the United States, according to data published by The Conference Board, an independent American organization that measures labour costs in the United States relative to other countries.
From creating visual effects for the silver screen to producing the popular video games played on smart phones, Canada's high‑tech companies are "rising stars" in the highly competitive Los Angeles digital entertainment scene.
Los Angeles is known as the entertainment capital of the world, home to major studios such as Disney, Fox, Paramount, DreamWorks, Sony, Universal and Warner Bros.—but entertainment is only one part of the big picture of Southern California's creative economy.
The Canada‑European Union Comprehensive Economic and Trade Agreement (CETA) gives Canadian companies a competitive advantage in the European Union and represents a progressive approach to free trade agreements. Find out what benefits CETA can bring to your company.
Canadian companies that export goods and services to the European Union will gain under the Canada‑European Union Comprehensive Economic and Trade Agreement (CETA). Two Canadian companies share their views on what this landmark agreement means for their business.
The Canada-European Union Comprehensive Economic and Trade Agreement (CETA) provides the potential to further diversify Canada's exports by facilitating access to the second-largest market in the world, after the United States.
Helping companies around the world migrate to Google Apps has brought vast business opportunities for Vancouver's AppBridge Software Inc. With the assistance of the Canadian Trade Commissioner Service and the CanExport program, the company's global presence is expanding to Japan and beyond.
Canadian companies looking to do business in China need to get their intellectual property rights in place. CanadExport offers seven tips that can help you get it done right.
Secondary markets in China are good places for Canadian companies to find opportunity. Cities with populations of 10 million and more offer dynamic economies, improving infrastructure and rising consumer demand. CanadaExport helps take the fears out of tapping into China's tiers.
A report by The Demand Institute titled No More Tiers: Navigating the Future of Consumer Demand across China's Cities analyzes key factors in China's 286 major urban centres. It categorizes the cities into 11 groups based on 200 variables.
Doing work in developing countries that is supported by international financial institutions can be lucrative for Canadian companies, while offering a degree of security, certainty and standards not always found in such markets. As LEA Group Holdings Inc. has found out, it can also have an even greater meaning.
The upward trending volume and downward trending price for Canadian crude oil exports that have persisted over the last two years have been reversed in the second quarter of 2016. Find out more in the latest from Global Affairs Canada's Office of the Chief Economist.
Identifying, bidding for and working on international development projects supported by International Financial Institutions is an intricate yet rewarding exercise. Find out how your company can pursue IFI opportunities with the help of the Canadian Trade Commissioner Service.
Zafin, a Vancouver‑based banking software company, called upon the Canadian Trade Commissioner Service (TCS) for key market intelligence and high level introductions. From the U.S. to Africa, to Vietnam and Europe and beyond, that's exactly what they got. Learn more about the impact the TCS can make on your international expansion.
Protecting your company from corruption requires knowledge and vigilance at all levels. In this conclusion of a two‑part series, CanadExport explores the strategies to avoid getting involved in bribery and corruption—and how to deal with it when it happens.
CanExport helps Canadian companies find new opportunities in high‑growth international markets. The cost‑sharing program, which is celebrating its six‑month anniversary, is opening doors to potential customers all over the world—just ask Team Eagle, an Ontario company looking to land new markets.
PMG Technologies, a Quebec‑based automotive safety and testing company, is pursuing two challenging yet lucrative markets: China and India. With help from the Canadian Trade Commissioner Service, PMG Technologies quickly and efficiently found its footing in each country.
What impact will Brexit have on Canada's exports to the U.K. and the E.U.? The U.K. is, after all, Canada's largest export destination within the E.U. by far. Find out in the latest facts and figures from Global Affairs Canada’s Office of the Chief Economist.
In the first article of a two‑part series, CanadExport looks at the problem of corruption in international business. Be aware of the legal, financial and reputational risks and read on to find out what one Canadian company did when confronted with corruption abroad.
It can be challenging to have many different products, sectors and potential customers. Cypher Environmental is cleaning up one market at a time, and leaving its customers looking for more.
It's been a tough 10 years for Energold Drilling Corp. and other Canadian companies working in Argentina. Having found a niche and invested in the country, the Vancouver company is thriving there today, with the help of the Canadian Trade Commissioner Service. And it expects a bright future ahead.
The pace of expansion of world trade volumes in 2015 was unchanged from 2014, with growth of 2.8%, which marked the fourth consecutive year of trade growth below 3%. However, real merchandise exports of developed economies grew 2.6% in 2015, while exports of developing economies grew 3.3%.
There are surprising parallels between Canada and Argentina geographically, historically, and socially. The two countries are also forging ever‑closer trade and investment ties, which is good news for Canadian exporters looking for prospects in this vast, complex and changing market.
Could your company benefit from mentorship by industry leaders, support in accessing financial resources, and key strategic partners? Then look no further than the Canadian Technology Accelerator (CTA). Hear what one company has to say about its experience in the CTA. Apply today.
For Alberta's Nelson Environmental Remediation, a robust export market has been the key to staying alive. With sales cycles that can last years or even decades, long‑term marketing and intelligence gathering are a must.
An intergovernmental network based in Europe is opening doors for innovative Canadian firms in the global marketplace. EUREKA promotes and supports market‑oriented global R&D and innovation, as well as facilitating access to financing. Find out how the program can help your company bring its products, processes and services to international customers.
Vancouver's Ayogo Health Inc. is empowering patients through its engaging game‑based technologies. The company's hard‑won success in the health technology field is improving lives, attracting investment and turning heads among life sciences, pharmaceutical and technology giants around the world.
Foreign direct investment has traditionally played a significant role in Canada's economic development. However, will multinationals operating in Canada continue to be a major contributor to Canada's economic prosperity? Find out in the latest from Global Affairs Canada's Office of the Chief Economist.
Size often matters for Canadian SMEs looking to do business with some of the world's largest corporations. A Moncton, New Brunswick‑based company found that the Canadian Trade Commissioner Service made it look bigger than it is—and increased the opportunities available to it at the same time.
Exports of services are bringing added value to Canadian companies looking to ensure their profitability and to make their products more competitive internationally. CanadExport shows how to take advantage of the booming global market for high‑value services.
Women entrepreneurs can learn about exporting, make connections and find new markets on Canadian trade missions organized by the Business Women in International Trade program. As one West Vancouver business owner found out, you can even leave with a massive contract in the works.
Major multinational corporations are buying goods and services from Canadian business women under programs and initiatives that promote diverse suppliers. Learn how your company can take advantage of them at three upcoming women‑focused trade missions that will help you build new networks and forge partnerships.
Female‑owned SMEs may represent a small share of Canadian exporters, but they account for a sizeable portion of exporters in particular industries. Global Affairs Canada's Office of the Chief Economist takes a closer look at female SMEs' share of exporters by industry.
Getting products to customers around the world is a complex business, given myriad choices, new technologies and inevitable pitfalls. CanadExport offers tips and strategies to achieve shipping success—and avoid logistical nightmares.
A new Global Affairs Canada study finds that companies that use the Canadian Trade Commissioner Service (TCS) export more in value, in product varieties, and to more markets than companies that do not use the TCS. So what are you waiting for? Contact the TCS today.
You have to be prepared for complicated infrastructure work in dynamic Southeast Asia, but there are also vast opportunities. Some successful Canadians companies in the region share their strategies, challenges and colourful stories about jumping into the Southeast Asian infrastructure boom.
It's no surprise that Southeast Asia is experiencing significant economic growth and widespread urbanization, but how can Canadian companies capture their share of these opportunities? Listen to the latest CanadExport podcast about infrastructure exports to Southeast Asia.
Canadian companies with innovative offerings will find that Thailand is a surprisingly progressive, well-located and resilient place to do business. We’ll show you how to avoid some common pitfalls and find some spectacular opportunities in this Southeast Asian powerhouse.
Often overlooked by Canadian companies doing business in Southeast Asia, Cambodia welcomes foreign investment, boasts a direct business culture, booming growth and an enthusiastic market for new products. CanadExport helps you discover business opportunities in this small but dynamic, fast-paced and well-connected country.
It's been a long journey for Novadaq Technologies, from the leading edge of medical diagnostics to success in a growing number of health-care markets around the world. Find out how a network of local distributors is helping the company successfully navigate the transition.
Canadian non-resource-based exports saw strong growth over 2014 and 2015. As of November, non-resource-based exports were up 34.9% since January of 2014. See what this means in the latest from Global Affairs Canada's Office of the Chief Economist.
Canadian companies exporting to APEC member economies may wish to consult a new online reference tool on the trade and tariff regimes for these countries—saving firms time and money as they navigate cross-border trade.
Small businesses in Canada can boost their prospects abroad through the new CanExport program, which helps them seek and develop new export opportunities. Find out how this program could help your company by sharing the risk of testing new markets—and leaving your comfort zone behind.
Could your company use some financial assistance to travel to target markets, attend a trade fair or conference, or conduct market research? Listen to the latest CanadExport audio podcast to learn about a new funding program designed to kickstart your international expansion.
New hassle‑free credit insurance that's available online is a game‑changer for small businesses that want to quickly and easily ensure they can close their foreign sales. CanadExport profiles a leading‑edge company that's using Export Development Canada's Trade Protect to keep its bank happy and avoid losses.
Foreign‑controlled firms play an important role in the Canadian economy. In fact, a clearer picture is emerging of the important role of foreign‑controlled firms for the Canadian economy and which countries are investing in Canada.
It makes the smallest parts on an aircraft, as tiny as one‑quarter the thickness of a human hair, yet Shimco is becoming critical to the international aerospace market with the help of the Canadian Trade Commissioner Service. Find how this tenacious little company is taking on the Goliaths of its industry—and winning.
Hear what one company has to say about developing and strengthening long‑term relationships in business, expanding into new markets, navigating cultural differences and opening doors to new customers.
Azzimov Corp. in Montreal is making shopping online as easy as in a store, focusing on big data to make sense of the tens of millions of items that Internet retailers offer. With the help of the Canadian Technology Accelerator, Azzimov's new "product-centric" search platform is in use in some of the largest markets in the world.
Global markets bring enormous risks as well as rewards. When a Montreal software company found that it faced impossible competition in a planned move into a U.S. market segment, it changed tactics and rethought its approach. Read on to find out what happened next.
The Canadian Trade Commissioner Service is working to bring the potential of the giant Southeast Asian infrastructure sector onto the radar of Canadian SMEs. The time to get involved is now; find out how to get a foot in the door and take advantage of TCS resources from marketing essentials to helpful introductions in the region.
If your company could use mentorship by industry leaders, support in accessing financial resources — not to mention key strategic partners — look no further than the Canadian Technology Accelerator (CTA). Hear what these two companies have to say about their experience in the CTA.
Canadian expertise in infrastructure is second to none, and Southeast Asia offers compelling opportunities, from roads and airports to hospitals and water-treatment systems. In the first in our series of articles on ASEAN, CanadExport shows you where and how to look for opportunities in the powerhouse ASEAN region and offers strategies for finding success there.
If your company could use mentorship by industry leaders, support in accessing financial resources — not to mention key strategic partners — look no further than the Canadian Technology Accelerator (CTA). Hear what these two companies have to say about their experience in the CTA.
Much has been said of the need for Canada to grow its exports by diversifying to markets outside of the U.S. But the latest from our Office of the Chief Economist takes a closer look at rates of growth by U.S. state, with some interesting observations for Canadian companies.
Small Vancouver company leverages Canadian Technology Accelerator in Silicon Valley to boost its revenues
There is nothing easy about Silicon Valley. A new Trade Commissioner Service short documentary follows Neurio, a small Canadian company looking to make a breakthrough in the demanding world of Silicon Valley. See how the Canadian Technology Accelerator is helping companies stand out in a crowd.
It started as a directory of voice‑over actors on a nascent internet a decade ago. Today, Voices.com has grown into a massive digital media marketplace. Now the Canadian Technology Accelerator is helping the company find a voice in the $26‑billion global language services industry.
Andrew Angus, founder and CEO of Collingwood, Ontario‑based Switch Video, says to dream big. He should know; his small company has found a way to transform his company into a global player. Find out how.
Is your company a high‑growth, market‑ready firm looking to access global markets faster? If so, watch the new TCS documentary which features an on‑the‑ground look at one company's experience participating in the Canadian Technology Accelerator in the U.S.
Just five years ago, Reflex Wireless was an idea in a university laboratory; today, the company is selling high‑tech products that are improving lives and finding success in the highly competitive Health IT field. With the help of the Canadian Trade Accelerator, it has a surprisingly large global footprint.
The claim is often made that Canada does not have many large firms. This supposed lack of large firms, it is thought, hinders Canada's international commercial performance. Read on to see what our Office of the Chief Economist has to say about that.
With an economy that's tripled in size in the last decade, a low‑cost skilled workforce, a strategic location and moves to "value‑up" in areas such as technology and aerospace, the market for Canadian products and services in Turkey is strong. Find out how to write your company into Turkey's amazing success story.
A new hands-on tool can be used by Canadian businesses to pursue business development with tier 1 and tier 2 suppliers active in the Marcellus Shale Gas Reserve, the largest of its kind in North America.
Hong Kong beckons today, as a springboard to China, a low-tax, service-driven economy and a wealthy market with a taste for new and innovative products. Find out how your company can take advantage of this international gateway.
The Herfindahl-Hirschman Index might sound like a list of medical conditions, but it's not. It's a key statistic used to measure the concentration of markets. Find out how Canada measures up in the latest facts and figures from our Office of the Chief Economist.
Keep your ear to the ground if you're interested in bidding for a NATO contract. Get ready for a long, intricate and expensive process and don't forget to follow up. In the second in our series on bidding on NATO contracts, CanadExport gives you the goods on how to play the same game as your competitors — and win.
With a vast procurement program in its operations and missions around the world, providing NATO with goods and services is immensely rewarding for companies large and small. In the first of two articles on NATO contracts, CanadExport looks at why this lucrative market may be right for you.
From his early days at Mitel, Terry Matthews learned the lessons of becoming an international entrepreneur. Today the business magnate continues to put Canadian companies all over the map, and he offers CanadExport readers some important advice for going global.
While energy continued to perform strongly among Canadian exports in 2014, that performance masks surprisingly strong growth in other areas — a testament to the strength and flexibility of Canada’s economy.
With a strong U.S. dollar, a market that’s close and familiar and the assistance of the Canadian Business Women in International Trade program, Canada’s women entrepreneurs are finding opportunity in exports to the U.S. On this International Women’s Day, CanadExport looks at how they’re making it happen.
Are you ready to export? It’s a question that many entrepreneurs ask themselves, given the risks as well as the rewards of developing sales outside of Canada.
Looking to connect with multi-national corporations, learn about export markets and reach out to new international customers? Make it happen by joining the Canadian Business Women in International Trade (BWIT) team at upcoming annual trade missions for women entrepreneurs.
It’s time for Canadian companies to prepare to take advantage of the historic Comprehensive Economic and Trade Agreement with the European Union. Find out how your company can succeed in this lucrative yet challenging market.
A Canadian pioneer in the field of satellite Internet access is finding customers for its unique antennas all over the world. With a successful reseller strategy and vertical markets that are limited only by the imagination, the sky’s the limit for C-Com Satellite Systems.
It has often been said that the significant flow of goods between Canada and China is one-sided, with Canada importing much more merchandise from China than the Chinese import from our country. However, new statistics suggest that Canada’s trade deficit with China may not be quite as large as initially thought.
Canada’s diversified immigrant population makes an important contribution to our export success, especially in emerging markets. CanadExport looks at a report that suggests how new Canadians can become important strategic assets for the country.
It’s a region of dynamic markets, low costs, incentives for foreign companies and favourable tax rates, yet Southeast Europe (SEE) can be complex for Canadian businesses to enter. See how Austrian companies can pave the way for you in SEE.
A study commissioned by the Canadian Trade Commissioner Service in Italy is helping companies capitalize on the country’s ambitious plans to renew its public infrastructure. With one of the world’s largest economies, there are rewards for Canadian firms that can navigate Italy’s many complexities.
Canadian trade has been following a pronounced diversification trend away from the U.S. and to emerging and developing countries. Find out more in this week’s analysis from our Office of the Chief Economist.
When Target Corporation announced in February that it lost $1-billion in Canada last year, many industry-watchers saw it coming. The retailer’s failed launch in Canada is a textbook case for companies looking to successfully move into any new market.
The risks and rewards of joint ventures in India
Looking to start a joint venture in India? Download the latest CanadExport audio podcast which features an expert who tells it like it is when it comes to tackling the challenges of partnering in one of the biggest markets in the world.
Canadian foreign affiliate sales increased from $350 billion in 2002 to $500 billion in 2012. But what does this trend mean for Canadian companies that serve foreign markets? Find out in the latest analysis from our Office of the Chief Economist.
It’s no surprise that India is not the easiest place to do business. However, despite declining growth rates, the country is showing a renewed confidence. CanadExport speaks to former Microsoft India chairman Ravi Venkatesan about the bounce in India’s step.
Growing up in China, Jacqueline Shan learned about traditional medicines. In Canada, she got a "crash lesson" in business. The combination has led to a range of successful herbal products, despite some setbacks. Read about Shan's journey and tips for success.
The Canada-Honduras Free Trade Agreement reinforces Canada's engagement in the Americas. Under the new free trade agreement, each country will eliminate 98 percent of its tariffs on goods imported from the other country. Find out how your company can benefit from greater trade and investment with Honduras.
In the first half of 2007, Canada enjoyed a boom in foreign direct investment, soaring to historic highs of more than $125 billion. Then came the second half of 2007, which marked the beginning of the financial crisis and a prolonged downward trend in FDI. So how is Canada doing now? Find out in the latest analysis from our Office of the Chief Economist.
Today, Canada and Korea celebrated the signature of the Canada-Korea Free Trade Agreement, the first of its kind for Canada in the Asia-Pacific region. CanadExport spoke with two Canadians about how this landmark free trade agreement will impact their companies.
Small and medium-sized companies can boost their sales by exporting to fast-growth markets, although they can fail dramatically in such places as well. CanadExport looks at strategies that can help you make it in the emerging world.
Are border security issues a bigger obstacle for your business than meeting the cost requirements of your customers? Read on as our Office of the Chief Economist shares what Canadian companies say are the biggest challenges to doing business abroad.
With intense price competition, layers of bureaucracy, creaking infrastructure and a complex culture, India is a challenging place to do business. Learn the strategies that Canadian companies are applying to thrive in India and other emerging markets.
After answering over 100 emergency medical calls from 12 yachts over the last 11 months, and from every corner of the globe, PRAXES Medical Group looks back at its year-long sponsorship of the Clipper Round the World yacht race. Has this venture helped this small Canadian company to go global?
To Ravi Venkatesan, if you can “crack the code” in India, your company will have success all over the world. As the former CEO of Cummins Inc. and Microsoft Corp. in India, he should know, Find out what he says about how-and why-to make it in India.
Intra-firm trade is an important part of the Canada-U.S. trade relationship. However, growth has not kept pace with total Canada-U.S. trade. Find out why in the latest facts and figures from Foreign Affairs, Trade and Development Canada’s Office of the Chief Economist.
The Canada-Korea Free Trade Agreement provides unprecedented new access for Canadians to the world’s 15th-largest economy, and will make South Korea a larger gateway into this dynamic region. Find out what it means for your business.
For almost a year, CanadExport has followed PRAXES, a small Canadian medical technology company whose technology is being used aboard the yachts of the Clipper Round the World Race. After some 10 months at sea, the small firm in a niche market is truly going global.
H.G. Wells wrote of the imperative in nature to "adapt or perish." The same could be said of the export market: companies that sell goods and services abroad must continuously modify their products to suit global or local needs.
China's economy is no longer growing at a brisk double-digit pace and the country is moving from an export-led growth model towards a more domestically-oriented economy. So what will this mean for Canadian SMEs? Find out what Foreign Affairs, Trade & Development Canada's Office of the Chief Economist has to say about China's changing economy.
Chris and David Hobbs, twin brothers at the helm of Two Tall Totems, a mobile development company in Vancouver, were busy turning heads at a recent wireless technologies trade fair in Barcelona. Find out what they did to stand out in the IT crowd.
From its early days in the 1940s, providing utility trailers to work camps developing Alberta’s booming oil fields, ATCO Structures & Logistics has made a name in the world of temporary structures. CanadExport looks at the strategies that have brought this mobile pioneer success in more than 100 countries.
The U.S. is projected to lead global growth in the upcoming years but will Canadian exports benefit from this American expansion? Find out in the latest facts and figures from Foreign Affairs, Trade and Development Canada’s Office of the Chief Economist.
Canadian start-ups are finding advice and funding among technology accelerators, early-stage capital sources and mentor networks. But there are many pitfalls to avoid in taking innovations to market and beyond. CanadExport offers some strategies for success in the commercialization ecosystem.
The yachts arrived in San Francisco but not before one crew member was thrown from a yacht into rough waters in the middle of the Pacific Ocean. Read the latest dispatch from the Clipper Round the World Race and get an update on PRAXES Medical Group’s international market expansion.
Government of Canada phone numbers in the National Capital Region have changed. If you are trying to reach a trade commissioner in the National Capital Region, take note of our new area code.
Jack Diamond, one of the principals of Toronto-based architectural firm Diamond Schmitt Architects, shares his advice to Canadian service exporters, as well as how CETA will affect his small business, and why Europe matters for his company. Listen to this podcast.
In 2013, the U.S. economy strengthened and Canada saw an increase in pull from emerging markets. While the 2008 global recession may seem like a distant memory, is recovery really in the air for Canada? Foreign Affairs, Trade and Development Canada’s Office of the Chief Economist takes a look at Canada’s 2013 upswing.
Canadian companies are finding opportunities in making India more sustainable, from finding new ways to manage wastewater to providing back-up power for the country’s ubiquitous cell-phone towers. Find out how you can clean up in this massive market for renewable energy and environmental technologies.
Praxes CEO Susan Helliwell weighs in with her views on partnerships and the crews ready themselves for the long Pacific crossing. Read the latest dispatch from Clipper Round the World yacht race.
Riding a packed city bus through the streets of Shanghai on a visit to China eight years ago, Wendy Weir witnessed a moment that would send her on a journey into the world of international business.
A major online database of Canadian companies is adding a specialized directory that will showcase the growing number of women-owned companies in the country and help them promote themselves in international markets.
Mark your calendars! From doing business with Fortune 500 companies to tapping peer networks, register for a key business event and take part in two accelerator programs for women entrepreneurs.
New self-serve kiosks and measures for trusted travellers are coming to airport customs halls and security counters. By reducing wait times and relieving congestion, the Canadian technologies and protocols are good news for international business passengers and for Canada as a global gateway.
The Harmonized System, or HS, is the standardized coding of names and numbers used in international trade to classify products. You need an HS code to know what customs tariffs to pay. But finding the right code and the right tariff is not always easy. Here are some resources to help you crack your HS codes.
The stock of Canadian Direct Investment Abroad (CDIA) and the diversity of destinations to which it is directed have both expanded tremendously over the past 25 years. But will the ongoing push to diversify Canada’s trade partners affect the future diversification of destinations for CDIA?
Canadian companies are building sustainability into the products and services that make up their supply chains, making international sourcing decisions based on their social, environmental and ethical impacts. Find out how to put your values where your procurement is and your procurement where your values are.
For Praxes, the seas are rocking and so is business. The company checks in with CanadExport to report on progress made with the Trade Commissioner Service in Australia, not to mention an update from Canadian skipper Eric Holden on the squalls en route to Singapore.
Better times are in store for Canada’s exporters, with accelerated global demand in 2014 expected to boost export volumes and fuel economic growth in the country. Check out what the improved trade picture means for Canadian companies abroad.
Canada’s export-to-GDP ratio was the second-highest of the G7 countries in 2012, behind only Germany. Yet export intensity varies extensively across provinces — with one province’s exports punching in well above its weight.
Brazil is one of the world’s most enticing markets, boasting a stable economy and an innovative science and technology industry. So what will it take for innovative Canadian companies to take advantage of this potential? Find out in the latest CanadExport audio podcast.
The fleet has survived the southern ocean with a few tough injuries, but the race must go on. Praxes Medical Group, the small Canadian health services company, is now reaching into the Australian market, using the Trade Commissioner Service to gain a foothold down under.
Doing work overseas can spell disaster for companies that aren’t prepared. Protect your employees, your reputation and your competitive advantage through a comprehensive risk management approach to travel and business outside of Canada.
Will Canadian exporters enjoy growth in non-resource merchandise and technological knowledge as emerging economies continue to grow? Find out in the latest feature from the Office of the Chief Economist.
A large-scale Brazilian education and internship program in Canada is enhancing skills and forging critical trade and investment ties between the two countries. Find out how to get your company involved.
The fleet is now eight days into race four and our company has already received nine calls from the yachts and two medical evacuations have occurred. The company is not only generating good leads but also good business. Catch up with John Hockin's latest blog entry.
Canadian companies doing business with the Association of Southeast Asian Nations (ASEAN) are meeting the challenges of this hot market head-on. CanadExport looks at some of their experiences and the strategies that are helping them make it in this complex, competitive and relationship-centric region.
Intermediate goods drove pre-crisis world trade to unprecedented levels. However, is the recent shrinking of trade in intermediate goods an indication that participation in global value chains is also decreasing? Find out in the latest feature from DFATD’s Office of the Chief Economist.
The latest Canadian Business Women in International Trade annual newsletter is now available. Read it today to get informative articles on Canada’s free trade agreements, success stories, and resources for Canadian business women.
Canada is drumming up business in ASEAN, a powerhouse of 10 dynamic countries in Southeast Asia marching toward economic integration. In the first of two feature articles, CanadExport looks at where the prospects are in the region and the strategies that are helping Canadian companies find success there.
In their second blog entry, Praxes touches base with CanadExport to update readers on the first leg of the Clipper Round the World yacht race that started in London. At the same time, the company gets strategic about the U.K., Brazil and beyond.
When they took over Arconas Corp. just over a decade ago, Pablo Reich and Dan Nussbaum found a niche for the commercial furniture company making airport seating, a specialty market where they saw sky-high potential.
Since 2000, Canada's exports have become increasingly characterized by their resource-based nature. But exports in one segment of the Canadian economy have helped to partially offset this trend. Find out where Canada is seeing a surge in the latest facts and figures.
Osaka, December 6, 2013 — Responding to the many opportunities in the Japanese pharmaceutical sector, the Canadian Trade Commissioner Service in Osaka is organizing a Canada Bio Seminar.
What do you get when you cross a small Canadian company, a bold market expansion strategy, and an 11-month-long, around-the-world yacht competition? You get an amazing business race. Today, CanadExport begins a blog series that follows one company's journey to going global.
Creating a joint venture is one way that Canadian businesses can enter the Chinese market. A partner can provide your company with many tangible benefits, including local market knowledge, established distribution channels and government connections.
Are you about to sell your product abroad or partner with a dream client? Great. But even if it is a business marriage made in heaven, make sure you negotiate and sign a written contract. If not, it may cost you a lot of time and money — even with a trustworthy partner.
From the beginning of the 1990s until the first quarter of this year, world exports increased by more than five times to reach a total of $4.5 trillion, but growth has not been constant throughout this period.
Canadian businesses thinking of entering the Indian market know the learning curve can be steep. A company with a growing presence in India shares two key pieces of advice.
In business, it's not only what you know, it's who you know. So get to know the Canadian Trade Commissioner Service's extensive network of contacts via Twitter. Follow us, retweet us, and tap into our nifty list of trade commissioners on the ground in markets around the world.
Quebec-based Ciara Technologies went from being a "completely unknown company" to being invited to bid on major contracts for Europe's automotive giants — in less than a year. Find out how the company went from zero to sixty faster than many firms.
After a decade of decline in exports, the Canadian auto industry has seen strong export growth over the past three years, with exports rising 58% since 2009. However, exports are still far off their record peak.
Halifax-based MedMira has spent the past 19 years expanding its business across the world and shows no sign of slowing down. The disease diagnostics company credits its success to both its cutting edge technology and assistance from the Canadian Trade Commissioner Service.
Do you need access to key statistics on Canadian trade and investment? DFAIT's Office of the Chief Economist has launched Canada's Trade Facts, a mobile-friendly website. It's fast, fun and free.
At first glance, air transportation may not seem particularly important to Canadian exporters. After all, only 10.3% of Canadian merchandise exports, by value, were transported by air in 2012. But according to DFAIT's Office of the Chief Economist, the numbers tell a different story.
Read the new guide by the Canadian Trade Commissioner Service that is designed to help companies navigate the complexities of doing business in China. Get hands-on knowledge that comes from trade commissioners who have helped thousands of companies tackle some of the most common challenges in China. Sign up to access the guide.
Expanding into global markets can be fraught with challenges. After all, the risks can be staggering. But so can the rewards. Find out how one company is reducing the risks of international business expansion — with results to show for it.
Are you planning the perfect pitch or entering into negotiations in a market whose language you don't speak? If so, you need an interpreter. An interpreter can be a valuable resource and a critical ally — when used properly. Read on to find out the dos and don'ts of working with one.
Canadian businesses are successfully diversifying their export markets beyond the U.S. While Canada’s exports to the U.S. still account for the large majority of exports — with 70% of Canadian goods and services still destined to the U.S. market in 2012 — this share is down from more than 80% in 2000.
Canada may have signed a free trade agreement with Costa Rica over ten years ago but SMEs are still seeing a boost to their business. In fact, companies like Ontario's Covertech Fabricating Inc. might not have even pursued this market were it not for this agreement.
Crowdsourcing, the online practice of soliciting services, ideas or content from undefined groups both on and offline, is gaining in popularity among companies as an inexpensive way to accomplish costly or tedious tasks, like accessing key market intelligence. But is this just a fad?
Trade between Canada and Israel has more than doubled since the two countries signed a free trade agreement (FTA) in 1996. The FTA has helped companies such as Manitoba's MicroPilot, which benefits from both the elimination of tariff and non-tariff barriers.
The U.S. market is vast, highly competitive, and can be intimidating to enter. That's where the updated report, Exporting to the United States, can help. From managing cross-border travel to financing your exports and more, get the latest U.S. market insight here.
Canada Goose, which manufactures and sells extreme weather outerwear, is doing booming business in Norway thanks to the free trade agreement between Canada and the EFTA countries of Norway, Iceland, Switzerland and Liechtenstein that came into force three years ago.
The latest Canadian Technology Accelerator (CTA) allows small to mid-sized companies to spend three months in Boston growing their business. The CTA provides Canadian companies with office space, mentoring and networking events.
The number of women-run businesses continues to grow in Canada as women are starting companies at double the national average rate. Prior to of International Women's Day on March 8, CanadExport spoke to two female entrepreneurs about working in international business.
Part of a company's success is based on the strength of its network. Here are two ways Canadian business women can network with like-minded business professionals and gain the key market insight companies need to succeed abroad.
Are you developing your market-entry plan for Brazil, Russia, India or China? While each market has its own unique characteristics, your success in these countries depend on six proven strategies gathered from trade commissioners and savvy business women.
Evans Consoles, a Calgary-based exporter, says the Canada-Jordan Free Trade Agreement is helping the company to be cost-competitive in this key Middle Eastern market. Hear why free trade is helping this small company become “a gorilla in the marketplace.”
When you meet a potential buyer for the first time, you may have as little as 60 seconds to get their attention. Having the perfect pitch is essential to making a good first impression. Take the time to craft your pitch with these 10 tips.
Six new amendments to the Corruption of Foreign Public Officials Act strengthen Canada's fight against foreign bribery. The new rules include stiffer penalties for Canadian companies and give the RCMP exclusive authority to lay charges.
Learn about how a Canadian company in the renewable energy sector is refining its market entry strategies, gaining high-level market insight, tapping key decision makers, and getting strategic advice on which markets to prioritize — all quickly and efficiently.
Some might say the ATA Carnet is the most important document after your passport. Find out how it helps business people cross borders with the tools of their trade and commercial samples, without paying duties or taxes.
A Quebec company credits the Canada-Chile Free Trade Agreement with its success in the South American market. The company says the agreement, coupled with Chile's proactive approach to trade, is giving it an edge there — even 15 years after the agreement was signed.
Over 60 percent of Canada's gross domestic product relies on trade, which is why the Government of Canada is pursuing the most ambitious trade expansion plan in its history. The latest CanadExport podcast features an expert who talks about why free trade agreements matter.
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