Foreign Markets to Feed on Prawns from St. John’s
The Canadian government recently announced that it will partner with the Canadian Association of Prawn Producers to market cold-water prawns to foreign markets such as Russia and China. The partnership is meant to boost Canada’s reputation as a producer of high-quality seafood. To accomplish this, the government will invest $165,000 via the AgriMarketing program to […]
Increase Sales Internationally To Stay Competitive
To stay competitive companies need to expand into foreign markets to increase sales and grab new customers. In today’s economy it may be hard for companies to expand due to financial restrictions, however, it is becoming increasing critical to gain an international presence in the global economy. The government often assists companies to offset some […]
Exporting to New Emerging Markets
The current emerging economies that businesses are aspiring to export to are Brazil, Russia, India and China or more commonly known as BRIC. However a recent article in the Toronto Star indicates that Mexico and other Latin American countries are the new hot markets businesses should be pursuing. Cited from research done by Canadian Manufacturers […]
Increase Productivity by Opening Export Markets
Jeremy Leonard opines in the Financial Post that although Canada leads the G7 in GDP and employment growth during the past decade, labour productivity growth is lagging. Labour productivity growth slowed to an average of just 0.7% per year int he past decade, less than half its rate in the 1990s, and below the 2.4% […]
Canada Needs to Grow Through Innovation in Global Economy
In his recent article, Craig Alexander, the senior Vice President and chief economist for TD Bank Group, voiced his concern about Canada’s slow growth as it struggles with artifacts from the recent financial crisis, unsustainable fiscal balances, and aging populations. The Canadian government is actively seeking out global free-trade agreements, such as the Trans-Pacific Partnership, to […]
Steven Harper on Possibility of Canada-China Free Trade Agreement
There has been quite a bit of buzz recently about the possibility of shipping Canada’s western oil to China. Could this opportunity pave the way for a future Canada-China free trade agreement? According to a recent interview with CBC Radio’s The House, Harper was asked about China’s Premier Wen Jiabao’s suggestion that Canada and China […]