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CABC Blog 2017-09-21T06:03:06+08:00

CABC BLOG

The Canadian province of Québec is considered the gateway to North America. It provides access to over 1.4 billion consumers, including the major Northeastern U.S. market. Québec is also a stakeholder in trade agreements signed by Canada, including: The Comprehensive and Progressive Agreement for Trans-Pacific Partnership Canada–Korea Free Trade Agreement The Comprehensive Economic and Trade Agreement between Canada and the E.U. The Canada-United States-Mexico Agreement Québec has a lot to offer: A highly qualified and diversified workforce Renowned private and public research facilities Specialized research and transfer centers Leading higher education institutions geared towards research A flourishing startup ecosystem Successful…
On September 9, 2019, CABC launched the 2019 Canada-ASEAN Business Survey Report. The research report is a collaboration with the University of British Columbia (UBC), with the support of the International Development Research Centre (IDRC). Some of the key findings: • Over nine out of ten respondents see the ASEAN region as offering more economic opportunity than other regions of the world. This is driven primarily by the strong fundamental economic growth in the region, as well as the favourable demographics and rise of the middle-class consumers. • In 2016, respondents reported significant optimism about the potential for further economic…
CABC at the 8th AEM-Canada Consultations Economic Ministers from the ten ASEAN Member States (AMS) and Canada (“the Ministers”) met on 10 September 2019 in Bangkok, Thailand for the Eighth ASEAN Economic Ministers-Canada Consultations. The Consultations were co-chaired by H.E. Jurin Laksanawisit, Deputy Prime Minister and Minister of Commerce of Thailand and H.E. John Hannaford, Deputy Minister of International Trade of Canada. The Ministers held a dialogue with representatives of the Canada-ASEAN Business Council and commended the Council for its on-going efforts to promote ASEAN-Canada trade and investment. The Ministers welcomed the results of the 2019 Canada-ASEAN Business Survey, which…
The idea behind diversification is fairly simple: Never put all your eggs in one basket. But for businesses, what does that actually mean? Here are our top 10 takeaways from Export Development Canada (EDC) research on what companies should consider when expanding internationally: Diversification = Many happy returns Using data from Statistics Canada, based on averages between 2010 to 2015, the EDC’s economic research and analysis department findings point to the tangible results of diversification by Canadian exporters.  The effect of selling to multiple markets: 64% of exporters sell to one market and account for 12% of total export value 6%…