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Canada

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Canada 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
Internet & Connectivity
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