What is the Government's Role In International Business (Ajit/Huzzzzzzzy)
GOVERNMENT EMBASSIES
Provides Variety of consular services around the world for Canadian travelling, studying, living, or working abroad
Located in the capital cities of countries
Provides a full range of serivces
Ex: Canadian Embassies located in USA, Mexico, Japan
TRADE MISSIONS
Promote international business to other countries
Organized through DFAIT (Department of Foreign Affairs and International Trade)
Group (Team Canada) visits a particular country/region & focuses on a specific industry
Provides Canadian business people with an opportunity to meet potential customer, suppliers, or key contacts
Gather Market
Junior Team Canada (Canadian Youth)
Meet with international businesses to gather cultural business info and make critical contact
Establishing Import/Export Laws
- setting specific rules/laws so imports and exports are maintained
Setting Tariffs
- protect domestic employment
- protect consumers (ex of not importing beef from USA b/c beef may be diseased
Maintaining Membership in Trade Organizations and Negotiating Trade Agreements
- be on good terms with other countries
- economy can prosper within your country and others
GOVERNMENT REGULATIONS
Minimum Wage
Employer must follow established safety standards
Register with CRA ( Canada Revenue Agency)
Canadians need single online application to start business
TRADE OFFICES
help Canadian businesses export products
lower costs by providing market intelligence and expertise