9 reasons to invest in Canada
After the pandemic, many countries of the world began to give signals of economic depression. Regional wars are fueling the global crisis even more. International investors are looking for safe havens. So where to invest?
Lawyer Abide Gülel, Member of the Foreign Economic Relations Board Turkey-Canada Business Council, recommends Canada for global investment. Abide Gülel, Foreign Trade and Energy Law Specialist, gave the following information about the advantages of investing in Canada:
SAFE TRADING CORRIDOR
Canada is well positioned to serve as a hub for global trade. Air transport infrastructure is the best in the world. It provides direct sea access to Asia, Europe and South America with its coastal ports. Secure trade corridors facilitate continuous supply chain and business operations.
REACH 1.5 BILLION CONSUMERS
Canada has the world’s 13th largest economy. Canada provides investors with preferential market access through 14 trade agreements to 49 countries with approximately 1.5 billion consumers and $60 trillion in Gross Domestic Product .
COUNTRY OF TALENTS
Canada has the world’s most educated workforce, with nearly 62 percent of Canadians aged 25-64 graduating from higher education institutions.
The Canadian marginal effective tax rate (METR) is currently at 13.8 percent, the lowest in the G7 and below the OECD average.
Companies of all sizes investing in research and development (R&D) in Canada are eligible for the Scientific Research and Experimental Development (SR&ED) tax incentive program, Canada’s largest R&D program.
Canada ranks first among the G7 countries in terms of political stability.
ROBUST BANKING SYSTEM
Canada has the six safest banks in North America. The same six banks are among the top 35 in the Global Top 50 of the world’s safest banks.
Canada ranks 3rd in the G7 and 13th globally in the 2021 Corruption Perceptions Index.
Canada has a very good quality of life. It is a free country. Canada has six cities among the top 100 cities in the world.