| Canada's proximity to the United States has given | | | | steps have been completed, building a business plan |
| rise to a lot of confusions. Hence it is only fair to | | | | should be a much easier. |
| start off by clearly stating that the Canadian market | | | | There are a few major industries that receive the |
| is very different from the US market and it is a | | | | focus in Canada. The power industry is one and |
| completely separate economy. The country does | | | | Canada is one the few developed countries in the |
| have major connections with the US in every sphere | | | | world who are net exporters of power. As an |
| but it also works very hard to keep itself from being | | | | exporter, your job is to connect the supply with the |
| influenced by what is happing in the US. | | | | demand and stand in as the medium that controls the |
| Canada as an economy is very strong and the | | | | connection. So you have to find pockets that are in |
| country counted amongst the world's wealthiest | | | | need of energy. These are often momentary |
| nations. It is a part of the OECD (Organization for | | | | shortages of energy, so you have to react quickly. |
| Economic Co-operation and Development) and also | | | | There have been large developments in key sectors |
| the G8 alliance of nations. These important positions | | | | like mining, manufacturing and service. Thus there has |
| held by the country makes it one of the top ten | | | | been a good all round growth that includes all the |
| trading countries. Thus it is a very active trading | | | | three major industry types - primary, secondary and |
| market and hence a good market to be around. | | | | tertiary. The service sector is in fact the largest in |
| These factors make the country a very potent | | | | the country and it employees around three quarters |
| market for import/export businessmen to profit | | | | of the entire workforce. |
| from. | | | | For a businessman this means that there are a lot of |
| The country has a very high standard of living and a | | | | consumers who are just waiting for for high quality |
| high per capita income. This gives its citizens the | | | | goods to be imported in to the country. As |
| purchase power that they need to get in to higher | | | | mentioned earlier, the country has a high per-capita |
| end of products that can be demanded. Since the | | | | income and hence a large portion has a high |
| country is so very trade-friendly, getting the | | | | purchasing power. |
| necessary permits should be easy enough for | | | | As an importer thus you can choose to import items |
| legitimate businessmen. | | | | in to the service sector, the mining sector or in to |
| So once you have located a market for yourself, it is | | | | the manufacturing sector. As an exporter, you can |
| time to move in and start studying the market first | | | | export the mined materials and manufactured items |
| hand. Then you have to analyze the niche that you | | | | and all of it will be of a very high quality - as |
| will be working on to see how much potential it will | | | | reflected by the countries economy. |
| hold in the near and distant future. After these crucial | | | | |