Business Scope

Canada is rated as one of the top five places to do business. It is also predicted to have the highest economic growth of all G7 countries, more than Japan, Germany and the United Kingdom. As a member of NAFTA, there is access to the economy of the United States.
The Government of Canada welcomes and encourages international business people to invest their entrepreneurial expertise, technical skills and investment capital in Canada’s economy. The objective of the Business Immigration Program is primarily to promote, encourage and facilitate the immigration of experienced businesspersons from abroad. This class of immigrant makes a positive contribution to Canada’s economic development by applying their capital and knowledge to Canadian business ventures, which in turn creates jobs for Canadians and permanent residents. As such, Business class immigration has been very successful in Canada; specially the ever-increasing popularity of the Investor Program among new / desirous immigrants to Canada is self-evident.Canadian Banks focusing on initiatives for Newcomers
Canada’s Banks are realizing that they need to “attract a diverse client and employee base to be successful in tomorrow’s economy.” Given that by 2030, statistics show that immigration will be the only source of population growth, leading banks are implementing initiatives tailored to this market in their efforts to grow market share.Most banks are adding to their language capabilities, offering several languages at automated banking machines, and staffing banks with multi-lingual tellers. Many have also been changing their loan approval standards for newcomers, given that they do not have credit history in Canada.With assets in excess of $1 trillion, chartered Banks form the heart of Canada’s financial services sector. They have approximately 8,000 branches throughout the country and an active presence in about 60 foreign countries. The country’s six largest banks rank among the top 100 banks worldwide. Canada has therefore, lots of opportunities for business and career enhancements.