The World's Countries
Canada
caCanada serves as a premier Northern gateway to the North American market through the USMCA trade agreement. Its stable political environment and a highly educated multilingual workforce provide a solid foundation for technology and natural resource enterprises. Entrepreneurs benefit from robust intellectual property protections and government-backed research and development incentives that are among the most generous globally. However, the nation presents significant operational challenges, including a high cost of living in major urban centers and a complex, multi-layered regulatory environment that varies by province. While the digital infrastructure is world-class, the vast geography can complicate domestic logistics and physical service delivery. High personal and corporate tax rates, combined with a tightening housing market, require careful financial planning for any new venture.
Local Currencies
| Currency | ISO | Value | Rank | |
|---|---|---|---|---|
| Canadian Dollar | CAD |
$1.36 | #6 |