Think Canada May - June 2010 Edition
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Transcript of Think Canada May - June 2010 Edition
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Canada Solid Reasons to Invest
1
Think Creative.Think Competitive.
Think Bottom Line.
ThinkCanada.May-June 2010
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Canada Solid Reasons to Invest
2
Table ofContents Page
I Excellent Economic Fundamentals 3
II A Cost-Competitive Business Environment 12III A Dynamic Workforce 25IV A Solid Infrastructure 33V Easy Access to Markets 39VI An Excellent Place to Live 44
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I Excellent EconomicFundamentals
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Real GDP Growth and Projections (%)
0.8 0.7
0.30.6
-0.7
0.5
-0.5
3.43.2
1.9 1.9
1.3
2.0
2.5
-1.0
0.0
1.0
2.0
3.0
4.0
Can
ad
a
U.S.
U.K.
Fran
ce
Italy
Germ
any
Jap
an
%
2010-11
2006-09
Similarly, recent OECD statistics rank Canada as a top performer among G7countries in terms of GDP growth during the 2006-09 period and the bestduring the 2010-11 forecast period.
Source: OECD Economic Outlook, No. 87, May 2010.
Other Forecasts also Highlight Canadas
Relatively Strong EconomyOECD
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Canada was the only G7 country to post a surplus in 2008. Despite being inan overall deficit position during the 2009-2011 period, Canada will be in afar better position than most G7 member countries.
Source: OECD Economic Outlook, No.87, May 2010
Total Government Budget Balance 2008-11(% of GDP)(National Accounts Basis)
0.1
-2.7
-4.9
0.0
-3.3
-6.5
-2.1
-3.5
-5.1
-11.0
-4.4
-7.4
-10.2
-7.7
-14.0
-12.0
-10.0
-8.0
-6.0
-4.0
-2.0
0.0
2.0
Cana
daIta
lyU
.K.
Germ
any
Fran
ceU
.S.
Jap
an
2008
2009-11
Leading Most Other G-7 Countries
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a Low Inflation Rate Regime
A low inflation environment provides business certainty for investors. Canadastargeted inflation rate range between 1% and 3% has been extended until 2011.
Over the past five years, Canada has enjoyed relatively low inflation averaging 1.8% compared to 2.6% for the U.S. and 1.8% for the G7.
Inflation(Year-Over-Year % Change)
1.92.2
2.0 2.12.4
0.3
2.7
3.43.2
2.9
3.8
-0.3
1.8 1.9 1.9 1.9
3.0
0.3
-1.0
-0.5
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
2004 2005 2006 2007 2008 2009
Canada U.S. G-7
Source: OECD Economic Outlook, No. 87, May 2010
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Canadas solid fiscal situation and low inflation has led to lower interest rates.
The sharp decline in interest rates in both Canada and the U.S. in early 2009 were aconsequence of the global economic downturn. Rates in the U.S. were lowered morethan in Canada because of the greater severity of the slump in the U.S. economy.
Source Canada: Government of Canada 10-Year Bond: June 18, 2010
Source U.S.: U.S. Treasury, Constant Maturity 10-Year Bond: June 18, 2010
Daily Yields (%)
3.0
3.2
3.4
3.6
3.8
4.0
12-Feb-1
0
26-Feb-1
0
12-Mar-
10
26-Mar-
10
9-Apr-
10
23-Apr-1
0
7-May
-10
21-May
-10
4-Jun
-10
18-Jun-1
0
Long-Term Bond Yields (%)
1.5
2.02.5
3.0
3.5
4.04.5
5.0
5.5
Jan-0
5
Jan-0
6
Jan-07
Jan-0
8
Jan-0
9
Jan-1
0
.Low Interest Rates
Canada
U.S.
U.S.
Canada
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and Great Potential for Future Economic
Prosperity According the Prosperity Potential Index*, Canada ranks 1st in the G7 and 6th among
30 developed countries in terms of the likelihood for economic prosperity in theyear 2020.
Prosperity Potential Index - Ranking of Top TenCountries
10th
9th
8th
7th
6th
5th4th
3rd
2nd
1st
Swed
en
Norw
ay
Finlan
d
Icelan
d
Switz
erlan
d
Cana
da
Denm
ark
Luxemb
ourg
New
Zeala
nd
Nethe
rlands
Rank
* The Prosperity Potential Index measures the likelihood of economic prosperity in the year 2020 for 30 developed
countries. The ranking is based on data from the OECD on areas that spark future economic development:
demographics, trade, energy, technology and education. Source: Canadian Business Magazine, October 26, 2009
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Canada Solid Reasons to Invest
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II A Cost-CompetitiveBusiness Environment
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Canadas Positive Business Climate
Canada understands the importance of its business community and has created anenvironment to encourage its success.
Canada is the best place for doing business among the G7 over the next five yearsaccording to the Economist Intelligence Unit and it ranked fifth overall out of 82countries in the Economist Intelligence Units global business rankings for theforecast period (2010-14), down slightly from third from the historical period (2005-2009).
The country also ranks well for its infrastructure, market opportunities, low taxes,and foreign trade and exchange controls.
Business Environment of Top Ten Countries,Rank for Forecast Period 2010-2014
10th
9th
8th
7th
6th
5th
4th
3rd
2nd
1st
Sing
apore
S
witze
rland
Finlan
d
H
ong
Kong
Cana
da
Denm
ark
Austr
alia
New
Zeala
nd
Swed
en
Nethe
rland
s
Rank
Source: The Economist Intelligence Unit, June 2010
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is a Safe Haven for Business Investment
According to Dun & Bradstreets Global Risk Indicator (GRI)*, Canada is consideredone of the worlds safest countries to invest, due to the relatively mild slowdownexperienced as a result of the global credit crisis.
Despite being earmarked as having a deteriorating outlook, Canada ranks 1st in theG7 and 2nd among the 131 countries evaluated in the GRI study.
Highest Ranked Countries in Terms of the Global RiskIndicator*
10th
9th
8th
7th
6th
5th
4th3rd
2nd
1st
Austr
alia
Cana
da
Norw
ay
Switz
erlan
d
Austria
Finla
nd
Fran
ce
Germ
any
Luxe
mbou
rg
Netherlan
ds
Rank
The Global Risk Indicator (GRI) assesses economic, commercial, external and political risk to provide risk ratings for 131 countries worldwide.
Source: Dun & Bradstreet, August 2009
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and Relatively Less Time
Canada ranks first among the G7 for the fewest number of days required forestablishing a new business.
Duration (days)
56
7
10
13 13
18
23
0
5
10
15
20
25
Canada U.S. France Italy U.K. OECDAverage
Germany Japan
Source: Doing Business in 2010- The World Bank Group, 2009
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Canada also has Low Business Costs
For the eighth consecutive time, KPMGs Competitive Alternatives study finds Canadaleads the G7 with the lowest business costs.
Canada is the lowest-cost G7 country in 14 of the 17 industries analyzed by KPMGsCompetitive Alternatives 2010 report: aerospace, agri-food, automotive, chemicals,electronics, medical devices, pharmaceuticals, precision manufacturing,telecommunications, back office/call centres, software design, web and multimedia,
biotechnology and product testing.
Source: KPMG Competitive Alternatives 2010
Percentage Cost Advantage (Disadvantage) Relative to
the United States
5.0
1.8 1.7
0.0 0.0
-2.6
-7.6
-10
-8
-6
-4
-2
0
2
4
6
Can
ada
U.K.
Fran
ceIta
lyU
.S.
German
y
Japa
n
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Source: The Federal Budget, Finance Canada, March 4, 2010 and the OECD Tax Database.
* METR takes into account federal and provincial statutory corporate income tax rates, deductions and credits available in the corporate taxsystem and other taxes paid by corporations, including provincial capital taxes and retail sales taxes on business inputs.
and Offers an Overall Tax Advantage forFirms to Expand
International Comparison of Statutory General Corporate TaxRates in 2012
39.5 39.1
34.4
30.2
28.0 27.5
25.0
10
15
20
25
30
35
40
45
Japan U.S. France Germany U.K. Italy Canada
%
As a result of corporate income tax reductions introduced by the Government since2006, Canada will have the lowest statutory corporate tax rate in the G7 by 2012.
Canada is on track to having the lowest overall tax rate on new business investment(marginal effective tax rate (METR*)) in the G7 in 2010.
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Relative Generosity of
R&D Tax Incentives*(Index: Canada = 100.0)
76.1
77.0
80.6
84.0
85.9
100.0
123.9
50 60 70 80 90 100 110 120 130
Germany
Italy
U.S.
U.K.
Japan
Canada
France
19
with Quality R&D as its Major Benefit
Canada offers one of the mostfavorable tax treatments for R&Damong the G7.
Canada provides a system of
tax credits and accelerated taxdeductions for a wide-varietyof R&D expenditures.
Eligible costs include: salaries,overhead, capital equipment,and materials.
These tax-based incentives permitfirms to significantly reduce R&Dcosts through direct investment orsub-contracting in Canada.
Source: Warda, Jacek, Rating Measuring Canada's R&D Tax Incentives: May 22, 2009Note: Relative generosity is determined by dividing the after tax cost of performing $1.00 of R&D by 1 less the corporate tax rate.Results are indexed to the relative generosity of Canada's system of tax-based support for R&D. The higher the ratio the more competitive the tax system.* Calculations based on large firms
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Canada Offers Competitive and Affordable
Business Telephone Charges Canadas business telephone charges are relatively low among G7 countries.
Source: OECD Communications Outlook 2009
Annual Business* Telephone Charges
(US$ PPP**, Price per line)
1243
990
896
811
723
550
495
0 200 400 600 800 1000 1200 1400
U.K.
Japan
Italy
France
Canada
U.S.
Germany
* Business (small and medium-sized enterprises) basket of telephone charges include fixed access and 84,000 calls broken down according to
distance, destination (fixed, mobile and international), time of day over a one-year period.
**PPP = Purchasing Power Parity (equalization of purchasing power of different countries in their home countries for a given basket of goods)
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Canada has the lowest residential telephone charges among the G7 andOECD countries.
Annual Residential* Telephone Charges
(US$ PPP)
982
910
909
742
705
579
391
0 200 400 600 800 1000 1200
Japan
Italy
France
Germany
U.K.
U.S.
Canada
and Low Residential Telephone Charges
Source: OECD Communications Outlook 2009
* High usage basket of residential telephone charges include fixed access and 2,400 calls broken down according to distance, destination
(fixed, mobile and international), time of day over a one-year period.
** PPP = Purchasing Power Parity (equalization of purchasing power of different countries in their home countries for a given basket of goods)
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Canada has Sound Financial Institutions
With the world in the midst of the current financial crisis, investors can take comfortin the fact that Canada has the soundest banking system in the G7.
Six of the 50 safest banks are in Canada, according to a recent study: Royal Bank ofCanada (10th), Toronto Dominion Bank (14th), Scotiabank (22nd), Caisse Centrale
Desjardins (26
th
), Bank of Montreal (31
st
) and CIBC (37
th
).**
Soundness of Banks* World Rank
10th
9th
8th
7th
6th
5th
4th
3rd
2nd
1st
Canada
New
Zeala
nd
Australia Ch
ile
Hong
Kong
South
Africa
Namibia
Singapore
Panama
Brazil
Rank
*Standing among 133 countries. Ranking based on the degree of soundness of financial institutions. Source: Global Competitiveness Report, 2009-2010
** Standing among 500 world banks based on total assets and long-term credit ratings. Source: Global Finance Magazine , October 2009
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and Stands Among Leaders in IT
Industry Competitiveness Canada ranks second behind the U.S. among the G7 and fourth in a 66-country review
of the countries best suited to provide an optimally competitive environment forinformation technology (IT) firms.
IT Industry Competitiveness Index* World Rank
10th
9th
8th
7th
6th
5th
4th3rd
2nd
1st
U.S.
Finlan
d
Swed
en
Cana
da
Nethe
rland
sU.K.
Austr
alia
Denm
ark
Singa
pore
Norw
ay
Rank
*Standing among 66 countries. Index based on the following six categories of quantitative and qualitative indicators: overall business
environment; IT infrastructure; human capital; legal environment; R&D environment; and support for IT industry development.Source: Economist Intelligence Unit, September 2009.
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Canada has one of the Worlds Best-
Educated Workforces The overall skill level of Canadas workforce ranks high among competing
countries.
Canada has the second highest percentage of individuals achieving at leastcollege or university education, among OECD member countries.
Higher Education Achievement Among All Countries
58.7
56.055.0
54.053.0
47.0
44.043.0
42.0 41.2 41.0 41.0 41.040.0 40.0 40.0
30
35
40
45
50
55
60
Singapore
South
Korea
Canada
Japan
Taiwa
n
New
Zeala
nd
Irelan
d
Norway
Israel
Hong
Kong
Australia
Belgiu
mFra
nce
Denm
ark
Sweden
USA
%
Source: IMD, World Competitiveness Yearbook 2010
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Canadian schoolchildren ranked third among the 30 OECD countries and fourthamong all 57 countries surveyed in the OECD Program for International StudentAssessment (PISA).
The PISA survey is conducted annually among 400,000 school pupils across 57countries, and evaluates the capacity of 15-year old schoolchildren to
understand and solve academic problems. It also provides insights into the reading ability and mathematical knowledge of
schoolchildren.
PISA Score (points) - Top 10 OECD Countries
553542
529524 521 520 517 514 510 509
496
450
500
550
600
Finlan
d
South
Korea
Canada
New
Zeala
nd
Nethe
rlands
Australia
Japan
Switz
erland
Belgi
umIrelan
d
OEC
D Averag
e
Source: OECD 2007
is a World Leader in Youth Academic
Performance
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Canada ranked 3rd in the G7 and 14th in a 110-country study measuringinnovation performance in the manufacturing sector.
Canada stood in the top tier, ranking ahead of traditionally strong innovatorssuch as Britain (15th), Israel (16th), Germany (19th), France (20th) and Australia(22nd).
and Manufacturing Sector InnovativePerformance
International Innovation Index* World Rank
38th
20th19th15th
14th
9th8th
U.S. Japan Canada U.K. Germany France Italy
Index
*Standing among 110 countries. Index based on government support for innovation - through tax and education policies, and the quality of infrastructure; the
performance of innovative companies, measured by factors such as high-tech exports, the amount of intellectual property generated and employment growth.Source: The Innovation Imperative in Manufacturing How the United States Can Restore its Edge, Boston Consulting Group, March 2009
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Canada has Superior Management Training
Canada ranks first in the G7 and second in a 133-country study of locally availablemanagement education in first-class business schools. (see chart below)
In addition, five Canadian schools of management are ranked among the top 100 inthe world according to the Financial Times (UK) Global MBA rankings for 2009.University of Toronto (Rotman) 47th; University of Western Ontario (Ivey) 47th; York
University in Toronto (Schulich) 49th; University of British Columbia (Sauder) 71st ;and University of Alberta 77th.
*Standing among 133 countries. Index based on the quality of Management education in first-class business schools.Source: Global Competitiveness Report, 2009-2010
Management Education* World Rank
10th
9th
8th
7th
6th
5th
4th
3rd
2nd
1st
Switz
erland
Canada
France
U.S.
Singapore
Spain
Belgi
umQa
tar
Denm
ark
Icelan
d
Rank
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the Highest Concentration ofEntrepreneurs
From a global standpoint, Canada has the highest concentration of entrepreneurswithin its working population.
Businesses, including start-ups, develop new products and services and get them tomarket and conceive new types of organization and production and put them intopractice.
New companies also serve to remind existing firms of the need to adapt and continueinnovating.
Source: Statistics Netherlands 2008
Number of Entrepreneurs as a Percentage of the
Working Population
15.9
11.5 11.2 11.1 11.110.1 9.7
8.6 8.5
6.9
0
5
10
15
20
Canada
Nethe
rlands
U.K.
Irelan
d
Belgi
um U.S.
Germany
Finlan
d
Sweden
Denm
ark
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PC and Internet Users
Canada has a technology savvy population and workforce. It leads the G7with respect to Internet users per capita and is second to the U.S. among theG7 in terms of personal computers per capita.
Source: IMD, World Competitiveness Yearbook 2010
Internet UsersPer 1,000 Inhabitants
810 805797
769
733
689 689
600
650
700
750
800
850
Canada
Japan
U.S.
U.K.
Germany
France
Italy
Personal ComputersPer 1,000 Inhabitants
899
861
811794
751
710
667
600650
700
750
800
850
900
950
U.S.
Canada U.
K.
Germany
FranceJapan
Italy
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and a Readily Available Army of Qualified
Engineers Canada ranks second in the G7 in terms of the availability of qualified engineers
in its labour market.
Source: IMD, * Rank among 58 economies considered in the World Competitiveness Yearbook 2010.
Qualified Engineers Availability Index*
7.87 7.847.78
7.39
6.886.78
6.62
6.0
6.5
7.0
7.5
8.0
France Canada U.S. Japan Italy U.K. Germany
Index
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Canada Solid Reasons to Invest
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IV A SolidInfrastructure
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Canadas Highly Globalized Infrastructure.
Due to its rapidly growing prominence as an outsourcing market of choice, Canadaranked second in the G7 and eighth among 72 countries profiled in the recent A.T.Kearney/Foreign Policy Magazine Globalization Index* which measures economicintegration, personal contact, technological connectivity and political engagement.
In technological connectivity, one of the four components of the index, Canadasranking rose from sixth place in 1999 to second in 2006. It maintained this position
in 2007.
Globalization Index Rankings, 2007*
34th
28th25th
22nd
12th
8th7th
U.S. Canada U.K. Germany France Japan Italy
Index
Source: A.T. Kearney/Foreign Policy Magazine, 2007 * Standing based on 12 characteristics under the headings of trade, FDI, telephone,
travel, remittances & personal transfers, internet users, internet hosts, secure servers, international organizations, UN peacekeeping,
treaties and government transfers.
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Over the past decade, Canada has witnessed a substantial growth in both inward andoutward FDI reflecting its strong connection to global supply chains.
Canadas inward FDI stock reached C$549 billion in 2009, a more than 2-fold increase fromC$253 billion in 1999.
As for Canadas outbound FDI, the expansion of Canadian direct investment abroad (CDIA)has been equally spectacular, rising from C$291 billion in 1999 to C$593 billion in 2009, amore than 2-fold increase.
Canada's Inward and Outward FDI Stock ($Billion)
200
300
400
500
600
700
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
CDIA
FDI
.is Driven by a Dynamic Two-Way
Investment Process
Source: Statistics Canada, April 14, 2010
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The United States is
Canadas Largest Source of FDI In 2009, the U.S. share of foreign direct investment (FDI) in Canada stood at
52.5%, demonstrating its confidence in Canadas business climate.
Source: Statistics Canada, April 14, 2010
Geographic Distribution of Inward FDI Stock in Canada
2009United Kingdom 11.6%
Netherlands 8.5%
Switzerland 3.9%
Brazil 2.7%
France 3.3%
United States 52.5%
Others 17.6%
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From 2000-2009, EU countries increased their FDI in Canada by C$68 billion and othernon-EU countries together with the US increased their investment in Canada by C$163billion, thus demonstrating their confidence as well in Canada.
Source: Statistics Canada, April 23, 2010
0
100
200
300
400
500
600
'90 '92 '94 '96 '98 '00 '02 '04 '06 '08
Foreign direct investment in Canadaby geographic area of origin 1990-2009
Billion$Cdn
EU
US
Others
and Companies from Other Countries are
also Increasing their Investments in Canada
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Canada Solid Reasons to Invest
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V Easy Accessto Markets
C d Off Effi i t Fl f G d
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Canada Offers Efficient Flows of GoodsAcross Borders
Canada leads the G7 and ranks 6th among 121 countries in terms of the enablingtrade index, which measures the effectiveness of the combined factors of marketaccess, border administration, transport & communications infrastructure, andbusiness environment towards the efficient flow of goods over borders and to theirfinal destination.
Enabling Trade Index
5.97
5.57
5.44 5.44 5.445.35 5.33 5.33
5.29 5.27 5.27 5.24
5.125.07
5.02
4.8
5.0
5.2
5.4
5.6
5.8
6.0
Singapore
Hong
Kong
Switz
erland
Denm
ark
Sweden
Canada
Norway
Finlan
d
Austria
Nethe
rlands
New
Zeala
nd
Germany
Luxemb
ourg
Australia
U.S
Index
Global Enabling Trade Report 2009, World Economic Forum.
S li d T B d
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The North American market is serviced through a well-integrated transportationsystem, which is among the worlds best.
Automated permit ports, transponder identification systems and joint processingcentres are being tested and deployed for easy movement of goods
Bottom line the border system is one of the worlds most efficient.
Annual Transborder CrossingsTotal Number of Trucks and Canada-U.S. Air Passengers
(Two-way movements)
0
5
10
15
20
25
1984 1988 1992 1996 2000 2004 2008*
Millions
Source: Statistics Canada and Transport Canada, 2008 (* Preliminary data for 2008 air passengers)
Truck
Air
a Streamlined Trans-BorderTransportation System
20.8 million
11.5 million
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Canada has Efficient Transport Linkages
Tying North America with Asia
A reliable and efficient transportation system is key to effective participationin global supply chains.
In October 2006, Canada has launched the Asia-Pacific Gateway and CorridorInitiative, an unprecedented alignment of public and private sectorinvestments to strengthen Canadas position as a fast, efficient and secure
gateway between North America and Asia. These investments will improve the flow of people, goods and services
across Canadian rail, roads, bridges and through our ports and airports.
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Canada is a Desirable Location to Live,
Work, Study and Invest Canada ranks first in a 60-country study that measures the potential of a country as
an ideal place to live, work, study and invest.
Location Desirability Index*
62.3
61.1 61.1 61.0 60.7 60.5
59.659.0
57.757.1
55
56
57
58
59
60
61
62
63
64
65
Canada U.K. U.S.
Switz
erland
Germany
France
Australia Sw
eden Italy Japan
LocationDesirabilityScor
Index ranging from 0-100 based on five components of a countrys potential for immigration and investment: (a) Willingness
to live and work for a substantial period in the country; (b) Quality of life; (c) Good place to study for educational
qualifications; (d) The country has businesses Id like to invest in; (e) Equal opportunity.
Source: Red Hot Locations, London U.K. 2009
O Q f
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and has the Best Overall Quality of
Life Among Countries Canada has the best overall quality of life among the G7.
Source: IMD, * Rank among 58 economies considered in the World Competitiveness Yearbook 2010.
Quality of Life Index*
9.15
8.78 8.77
7.94
7.37
6.946.71
6.06.5
7.0
7.5
8.0
8.5
9.0
9.5
10.0
Canada Germany France U.S. U.K. Japan Italy
Index
i h E i l Q li f Lif i
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According to a recent annual quality-of-life ranking of 221 world cities, fourCanadian cities ranked among the top 25.
Source: Mercer Human Resources Consulting: May 2010
Overall Quality of Life Ranking (Top 25 Cities)
(Index: New York City = 100.0 )
108.6
108.0
107.9
107.4
107.4
107.2
107.0
107.0
106.5
106.3
106.2
105.9
105.7
105.5
105.4
105.3
105.0
104.8
104.6
104.5
104.2
104.2
104.1
103.9
103.9
98
102
106
110
Vienn
aZu
rich
Gene
va
Vancou
ver
Auckl
and
Dsse
ldorf
Frankfurt
Munic
hBe
rn
Sydn
ey
Cope
nhag
en
Wellin
gton
Amste
rdam
Ottaw
a
Brusse
ls
Toron
toBe
rlin
Melbo
urne
Luxemb
ourg
Stockh
olm Perth
Montr
eal
Hamb
urg
Nurem
berg
Oslo
with Exceptional Quality of Life in
Cities.
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According to a recent Eco-City* ranking of 221 world cities, four Canadian citiesranked among the top 25 with Calgary topping the list and Ottawa ranking 3 rd.
Source: Mercer Human Resources Consulting: May 2010
* Includes the following criteria: Water availability, water portability, waste removal, sewage, air pollution and traffic
congestion.
Eco-City* Ranking (Top 25 Cities)(Index: New York City = 100.0 )
145.7
145.1
139.9
139.9
138.9
137.8
137.5
137.4
135.6
135.6
135.6
135.3
133.6
133.6
133.6
133.6
133.6
133.6
133.5
133.5
133.3
132.4
131.6
131.6
131.5
110
115
120
125
130
135
140
145
150
Calga
ry
Honolulu
Ottaw
a
Helsin
ki
Wellin
gton
Minneapolis
Adelaide
Copenhagen
Kobe
,Japan Os
lo
Stockh
olmPerth
Montreal
Vancouver
Nurem
berg
Auckland
Bern
Pittsb
urghZu
rich
Aberd
een,
UK
Canberra
Singapore
Brisbane
Washing
tonDC
Melbo
urne
and Superior Eco-City* Standings
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d R k A M d l N ti f
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and Ranks Among Model Nations of
Peace According to the Global Peace Index, a recently released measure by the
Economist Intelligence Unit, Canada ranked second in the G7 and fourteenthamong 149 countries surveyed.
*Standing among 149 countries. Index ranking countries based on peacefulness, both domestically and abroad using 23 indicators, including
the number of soldiers killed overseas, the level of violent domestic crimes and relations with neighbouring countries.
Source: Economist Intelligence Unit, June 2010
Global Peace Index* World Rank
85th
40th32nd31st
16th14th
7th
Japan Canada Germany U.K. France Italy U.S.
Index
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Canada is also a Safe and Just Society
Canada ranks highest among G7 leaders in terms of the safest place to live andconduct business with the most fairly administered judicial system.
Source: IMD * Confidence that person and property is protected. Rank among 58 economies considered in the 2010 World Competitiveness Yearbook.
**Degree of fairness of the judicial system in Society. Rank among 58 economies considered in the 2010 World Competitiveness Yearbook.
Security* World Rank
8.5 8.5 8.5
7.6
7.4
6.9
5.9
5.0
5.5
6.0
6.5
7.0
7.5
8.0
8.5
9.0
Cana
da
Germ
any
Japa
nFra
nce
U.S.
U.K. Ita
ly
Index
Justice** World Rank
8.17.9
7.67.5 7.5
7.0
3.3
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
Canada
Germany
Japan
France
U.K.
U.S. Ita
ly
Index
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a Land of Equal Opportunity
Canada ranks first among the G7 in providing equal opportunities forindividuals.
Source: IMD * Race, gender, family background does not pose a handicap for competitiveness.
Rank among 58 economies considered in the 2010 World Competitiveness Yearbook.
Equal Opportunity* World Rank
7.0
6.7 6.7
6.4 6.4
5.6
5.0
4.0
4.5
5.0
5.5
6.0
6.5
7.0
7.5
Canada France U.S. Germany Japan U.K. Italy
Index
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Canada Solid Reasons to InvestCanadas economic fundamentals and relative cost advantages provide a first-ratebusiness environment. Canada offers:
Excellent Economic Fundamentals
Low inflation and low interest rates Strongest economy in the G-7
A Cost-Competitive BusinessEnvironment
Ease in establishing a new business
Competitive tax system
(particularly for R&D) Strong technological environment
A Dynamic Workforce
The worlds best-educated workforce
Technology savvy workers
Think Creative. Think Competitive. Think Bottom Line.
ThinkCanada.
A Solid Infrastructure
Highly globalized infrastructure andtechnological connectivity
Rapidly expanding foreign direct investmentlinkages
Easy Access to Markets
Geography and NAFTA provide easy access tothe worlds most prosperous market
Highly efficient transportation linkages withAsia
An Excellent Place to Live
Superb overall quality of life
A society rich in multiculturalism
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Invest in Canada Through Canadian diplomatic missions around the world, and with direct
access to investment contacts at national, provincial and municipal levelswithin Canada, the Invest in Canada Bureau of the Department of ForeignAffairs and International Trade Canada is well positioned to assist inattracting and expanding your investment. We invite you to explore all that
Canada has to offer.
Please contact your local Canadian Embassy,High Commission or Consulate, or write to us at:
Foreign Affairs and International Trade CanadaInvest in Canada Bureau,111 Sussex Drive, 3rd FloorOttawa, Ontario, Canada K1A 1J1E-mail: [email protected]
www.investincanada.gc.ca
Think Canada! is prepared by Arif Mahmud,Invest in Canada Bureau.