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Tourism in Canada

Tourism is a vital part of the Canadian economy, providing employment and stimulating economic development in every province. It generates over CAD 100 billion in tourism spending each year, accounting for 2.1 percent of Canada’s GDP and 3.1 percent of total exports. It directly supports 739 700 jobs or 3.9 percent of total employment. In 2018, travel exports accounted for […]

Foreign Direct Investment in Canada Thrives Amidst the Pandemic

As the world looks into emerging from the economic hazard caused by the pandemic, Canada will remain in the frontline for foreign direct investment.
According to Analyst Francis Campbell, “Global businesses need to grow while minimizing risk, which is why foreign investors will continue to choose Canada for both its tremendous opportunities and stability.

Canadian FDIs to Reap as Minister of Innovation, Science and Industry holds first bilateral meeting with U.S. Secretary of Commerce

On March 17, 2021, The Canadian Minister of Innovation, Science and Industry, Honourable François-Philippe Champagne, met virtually with Gina Raimondo, United States Secretary of Commerce. Their discussion included building back a Renewed U.S.–Canada Partnership launched by Prime Minister Justin Trudeau and President Joe Biden following their virtual meeting on February 23, 2021.
Their iconic exchange included plans