The Case for Investing in Canada

Abstract

The rise of globalization has consequently resulted in international trade and interdependencies across borders. This article explains the Canadian business climate from an investment perspective both domestically and internationally. When examining Canada’s place within the G7 and Organization for Economic Cooperation and Development (OECD), it is crucial to pay in-depth attention to both macro and microeconomics and analyze them retrospectively. At the macroeconomic level, the government must form a functional taxation system, lower inflation rates, and balance the fiscal budget. At the microeconomic level, the government’s aim to reform by liberalizing and expanding markets. Additionally, investments in capital, people and technology, is the key to creating a stable, fully functional, long-term market. Public and private sectors both need to work hand-in-hand in creating favorable domestic business conditions that can attract investments from our international partners.