You are the manager of an mnc considering an expansion into a new
My country is Canada, a constitutional monarchy with Queen Elizabeth II as its head of state. It has a population of around 37.59 million people, with an average per capita income of $48,501 (as of 2018). The currency used in the country is the Canadian dollar and it experiences a moderate inflation rate at 2%.
Canada’s GDP growth has been steady since 2016 and was recorded at 1.8% during 2019; also its debt service ratio stands at 8%. Its trade balance is usually positive due to strong exports – mainly in goods such as oil & minerals, manufactured items and agricultural products.
The official languages spoken in Canada are English and French while Christianity is most common religion followed by Islam. Major cities include Ottawa (capital), Toronto, Montreal and Vancouver; climate varies across different regions ranging from subarctic tundra in north to temperate rainforest on Pacific coast.
Lastly Canada belongs to several international organizations like United Nations (UN) World Trade Organization (WTO) or North American Free Trade Agreement (NAFTA).
Thus by looking at various aspects discussed above one can see that Canada offers diverse opportunities for foreign investors who wish to explore this region.