1.5 How does Canada attract foreign investment? Flashcards
What is foreign investment?
Is the practice of expanding a business into a foreign country
What is a foreign direct investment?
Foreign direct investment occurs when a) a foreigner or foreign company purchases some or all of the controlling interest in a domestic company, or b) a foreign business expands into other countries.
What is Portfolio investment
Portfolio investment occurs when an individual or corporation in another country purchases stocks or bonds that are issued by a company or national government.
When this course was written, the Canadian corporate tax rate was approximately
15%
Does Canada currently hold a trade surplus or deficit with China?
trade deficit (Canada exports $16.3 billion worth of merchandise to China, yet imports $48 billion. This is a trade deficit of $31.7 billion.)
Why do experts suggest that the trade relationship between Canada and China is unusual?
This is because Canada exports natural resources to China and imports manufactured goods. This is generally the trade pattern between a developing nation and a rich developed country. In this situation, that trade pattern is reversed.
What does Canada really want to export to China?
Oil
Canada is home to _________ of railway tracks which run from coast to coast.
53,000 km
Canada has over _________ of roadways
90, 000 km
What is a result of the strong communication system in Canada
E-businesses has grown
What is Canada’s major airport
Toronto’s Interantional Airport
Percentage literacy rate in Canada?
99%
What does a diverse culture mean?
a society is open to other customs, religions, and beliefs.
What are three classes of immigrants Canada allows to enter the country?
Economic immigrants: skilled and educated workers who can contribute to the economy, and their dependants.
Family class immigrants: people joining their families already established in Canada.
Refugees: people who require protection from their home countries.
As the baby boomers retire, why are immigrants becoming more important to Canada?
there will be large voids in the Canadian workforce. These voids cannot be filled solely by Canadian workers. Immigrants will be needed to fill these voids in the labour market.
How many immigrants were expected to come to Canada in 2012?
240,000 to 265,000
Which countries are mostly immigrants to Canada>
China Indonesia and India
MSN Money ranks Canada as the _________-best country in the world in which to live.
Sixth
Name three aspects of Canada’s marketplace that might motivate you to enter this market.
Low tax rates
Canada’s large Japanese population would provide an interested consumer base, as well as salespeople familiar with Japanese culture
Good transportation and communication networks
Good relationship between Canada and Japan
The business report is a formal communication tool used to provide information. Business reports are used to:
provide detailed information on a topic or issue
analyze information and data
propose an idea or a project
make a suggestion or prediction
Most business reports contain the same basic elements, regardless of their purpose:
a title page- report’s title, author’s name, organization, date
a table of contents
an introduction
the body/main findings
a conclusion
references
You must report on your team’s monthly international sales figures to a group of six managers at a monthly staff meeting. Is it more appropriate to use a presentation or a report?
Presentation
You have been researching whether or not it is fiscally sound to develop a new product. You need to get your findings to about 20 company executives. Some are located in your office, and others are located in remote offices in other cities. Is it more appropriate to create a report or a presentation?
Report
Dap Thach asks you to research the business climate of Germany and supply him with your findings. Is it more appropriate to create a report or a presentation?
report
