Canadian Government Role in International Business

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trade missions

Team Canada visited Libya on an oil and gas mission and South Africa on an electricity mission.

in august 2009, junior team Canada visited Ecuador and Panama on a mission that focused on agriculture, rural development, enhancing youth leadership, and social responsibility

The ream creates a video and series of reports at the completion of each trip

the ream promotes Canadian culture/businesses in an effort to develop Canadian Identity aka brand Canada

Theses Canadian youth meet with international businesses, gather cultural and business information, and make critical contracts.

In addition Team Canada, there is also Junior Team Canada.

The Canadian group visits particular countries/regions and focuses on a specific industry.

Representatives of Canadian businesses accompany the prime minister, the Minister of International Trade and/or senior officials with DFAIT

Trade missions are organized through the department of Foreign Affairs and International Trade

-government promotes international business through trade missions

Consulates

These are located in major cities, but do not always provide a full range of services. For example, there are consulates in Munich, Germany, and Chongqing, china

Consulates general

These are located in major cities that are not capitals. There are offices in cities such as LA and SAO PAULO, Brazil

Permanent missions

These offices are located in major international organizations such as the UN, the WTO, and the EU.

High commissions

provide the same services as embassies, but are located in Commonwealth countries (Australia, Great Britain)

Embassies

located in capital cities of international countries and provide full range of serviecs

very easy to start a business in canada

In order to start a business, you need proper paperwork.

Must register with CRA (Canadian Revenue Agency) and will receive:

Payroll deduction information

An import/export account

A corporate income tax account

A registration number

a gst/hst number

Canadian Government Role in International Business by Mohamed Bahgat

Government Embassies, High Commissions, and Consulates

Ways government affects international trade and business

Ordering embargoes

Building infrastructure, such as roads and sewer systems

Establishing environmental policies

Military Systems

Education

Signing tax treaties with foreign governments

Determining fiscal policy, including currency exchange

Determining monetary policy, including currency exchange rates

Establishing immigration laws

Maintaining membership in trade organizations and negotiating trade agreements

Setting tarrifs

Establishing import and export laws

Trade Offices

they help canada import/export/invest

Canada has trade offices in 150 cities worldwide

Governments establish a trade offices in other countries to help there business operate in those countries

Government Regulations

Employers/Businesses must follow these rules/regulations

Ex. Minimum Wage, limited working hours due to school, etc

Governments set rules/regulations that affect businesses