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Starting a Business

Photo ©Carolyn B. Heller

The Canadian gov­ern­ment is active­ly encour­ag­ing immi­grants who want to start a busi­ness to come to Canada, at least if you have expe­ri­ence, rel­e­vant skills, and finan­cial resources. And despite the lin­ger­ing per­cep­tion that Canada is a high-tax nation, a 2006 KPMG study found that the costs of oper­at­ing a busi­ness, includ­ing elec­tric­i­ty rates, land and con­struc­tion costs, and cor­po­rate tax­es, were low­er in Canada than in the oth­er G7 nations (the United States, France, Italy, U.K., Japan, and Germany).

The Canadian gov­ern­ment has a num­ber of resources to offer prospec­tive entre­pre­neurs. The fed­er­al government’s Investment, Science, & Technology Branch pro­vides a wealth of infor­ma­tion designed for non-Canadians who are con­sid­er­ing start­ing a busi­ness in Canada. Another good start­ing point is the government’s Canada Business web­site for entrepreneurs.

The provin­cial gov­ern­ments also offer exten­sive resources for entre­pre­neurs. The British Columbia Ministry of Economic Development and Invest British Columbia; the Alberta Ministry of Employment, Immigration, and Industry; the Ontario Ministry of Economic Development and Trade; and the gov­ern­ment of Quebec all pro­vide infor­ma­tion about launch­ing a busi­ness in each of these provinces.

– Excerpted from the book, Living Abroad in Canada. To read more, buy the book.

Photo ©Carolyn B. Heller