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Showing posts with label great advantage. Show all posts
Showing posts with label great advantage. Show all posts

Canada immigration services on boom

Canada is a well-run country which has booming and stable economy. With moderate budget deficit, an effective banking system and very little inflation risk, the country has managed to maintain a reasonable monetary policy.  Therefore, there are a lot of investors around the world who are very much interested in immigration to Canada and investing in different sectors in which it excels. Apart from regional clusters of industrial excellence, it is its indispensable connections to global value chains that make Canada, one of the world's most competitive investment locations

Canada offers various advantages to the investors looking for new opportunities. In order to attract best investors, Canada immigration services have been smoothened and the government has directed its policies, university support and business incentives around the key industries. Thus, it has managed to create a unique business environment where businesses can achieve excellence on global scale.

With unparalleled potential, Canada gives multiple reasons to sophisticated investors to invest their money in one of the world's most dynamic economies in the world.  Some of the factors that give Canada an edge over other countries are as follows:

a)      Canada is ranked first among G-8 countries for its overall quality of life. With its world class health care system, universally acclaimed universities and beautiful and clean cities, Canada is indeed a great place to invest, live and work.

b)      In recent years, Canada has been the only G8 country, which has been running surplus budgets and Canadian banks have, also, acquired first rank among G8 countries due to their   intrinsic credit worthiness. Thus, strong fiscal policy of Canada is another strong factor that is attracting sophisticated investors around the globe.

c)       Another factor that gives Canada an edge over other countries is its world class infrastructure and highly developed transport facilities. Also, it has strong technological infrastructure and leads G8 countries in broadband and high-speed internet use.

d)      Canada has wealth of natural resources that is spread across its varied regions. Its oil reserves are number second in the world with total of 180 billion barrels. This puts it ahead of countries like Iran and Iraq and behind South Asia. It is also third largest producer of Natural Gas and has been ranked ninth in the production of Crude Oil.

e)      Another advantage that investors can enjoy if they invest in business in Canada is low tax rates. Canada has lowest payroll taxes among the G7 countries.

f)       Investors can also take advantage of Canada's strategic location as the crossroads between the North American marketplace and the booming economies of Asia.

So, if you are interested in Canadian immigration services and then start a business, you should be eligible to immigrate under the Business Immigration Program. However, there are two requirements. First, you and your partner/spouse should have all-inclusive net worth (all assets minus all debts) of at least C$800,000. The best part is that it's not mandatory to liquidate any of these assets or bring them to Canada. Second, you must have at least two years of management experience, either in public sector or in private sector.

E-Commerce Rules in Canada

For all the parlor jokes about dot-coms, e-commerce is here to stay, and the momentum is just building.  E-commerce grew from a few billion dollars in the 1990s, to $250 billion in 2001.  Conservative forecasts place it above $3 trillion in the next few years.

The great advantage of e-commerce is its global reach without the limits of shelf space or warehousing.  E-commerce permits greater choice and price comparison, lower transaction costs, and brings together purchasers around the world.

The great danger of e-commerce is that it will forge ahead of the world's ability to come up with at least a minimum of global rules for it, including taxation, conflicting national laws, and adjudication of disputes.  Protecting consumers form cyber-crime is also important as is the greater notion of building confidence in e-commerce.

While e-commerce is still in its infancy, there is an urgency to solve this emerging global issue quickly, before the issues become insurmountable.  In this capacity also, Canada has become something of a leader.

On September 22, 1998, Parliament announced Canada's Electronic Commerce Strategy, which outlined a number of initiatives designed to establish Canada as a world leader in the adoption and use of electronic commerce.  The primary goals of the plan – facilitating economic growth, maximizing social potential, and reflecting and supporting global needs – were designed to break down the digital divide between information "haves" and "have nots" based on social, linguistic, or geographical grounds.   

In addition, Parliament passed the Personal Information Protection and Electronic Documents Act which has the dual purpose of providing for the protection of personal information while building consumer confidence in e-commerce.  Through this legislation, Canada has encouraged the development of higher encryption and authentication of electronic documents.

These initiatives have placed Canada above the U.S. in terms of Internet users and Internet hosts.  In addition, it leads the G7 nations in the share of population that uses the Internet, and in terms of connectedness and technological infrastructure, Canada ranks just slightly below the U.S.  At the same time, Canada has ensured that there is enough of a regulatory framework to protect consumers and innocent internet surfers.

Canada's initiatives should provide a model for the rest of the world.  It has managed to balance the competing requirements of encouraging e-commerce and Internet use, while still ensuring that consumers are protected.

The creative solutions that Canada has used to tackle regional issues are ones that can be applied on a global level.  The lessons learned, whether from its failures in the fish industry or its successes in developing e-commerce, are lessons which it can and ought to export to the world.