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Map Overview Economy Trade & Business Infrastructure Business Environment Organisations Info. Sources Useful Information

Canada

Business Environment
Market Information

Doing Business in Canada

Use of Agents and Distributors; Finding a Partner
Distribution channels in Canada vary greatly according to the products and commodities involved. For example, industrial equipment of considerable size and value is usually purchased directly by end-users. Smaller equipment and industrial supplies, on the other hand, are frequently imported by wholesalers, acting in some cases as exclusive distributors, or by manufacturers' sales subsidiaries. Many major distributors expect to work on a two-tier commission basis. For contract shipments, agents are offered a low (but realistic) commission, but they receive a higher rate when purchases are made from a local agent's own stocks. Consumer goods are purchased by importing wholesalers, department stores, mail-order houses, chain stores, wholesalers' and retailers' purchasing cooperatives, and many large, single-line retailers. Manufacturers' agents also play an important role in the importation and distribution of consumer goods. In addition, the importance of department stores, mail-order houses and cooperative purchasing organizations as direct importers has increased substantially. Many of these groups have their own purchasing agents abroad.

Travel Considerations
Budget meal: US$5-10
Moderate restaurant meal: US$10-25
Top-end restaurant meal: US$25 and upwards
Budget room: US$12-25
Moderate hotel room: US$25-40

For most visitors, the largest expense will be accommodation. Food prices are generally much lower than those in Western Europe, but are a little higher than USA prices. If you stay in budget accommodation and eat in cafes, expect to spend around US$40 a day, not including long-distance transport. If you stay in motels and eat at restaurants occasionally, you're looking at around US$75 a day. It's best to change money at companies such as Thomas Cook, which specialises in international transactions. If you can't find a money exchange office or booth, try a bank. American Express and Thomas Cook are the best travelers' checks to have, and you should make sure they are either in US or Canadian dollar denominations. Credit cards are widely accepted, especially Visa, MasterCard and American Express. A 7% Goods & Services Tax (GST) is applicable to all transport, accommodation, restaurant meals and just about anything else you're likely to purchase, including newspapers. On top of this, in most of Canada, a provincial sales tax also must be paid. This can, in some provinces, add 15% to the quoted price, so factor it into your expenses before you reach a cash register.

It's considered normal to tip 10-15% of the bill. Tips are usually given to waiters, cab drivers, hairdressers, hotel attendants and, by savvy drinkers, bar staff.

General Business Hours

Monday - Friday: 8:30 a.m. - 5:00 p.m.
Bank Business Hours
Monday - Thursday:10:00 a.m. - 4:30 p.m.
Friday:10:00 a.m. - 6:00 p.m.
Saturday:10:00 a.m. - 3:00 p.m.
These hours may vary depending upon the bank.

Usual Holidays and Festivals

1 January New Year's Day
21 April Good Friday
24 April Easter Monday
22 May Victoria Day
1 July Canada Day
4 September Labour Day
9 October Thanksgiving Day
11 November Remembrance Day
25 December Christmas Day
26 December Boxing Day
There are also a number of provincial holidays

Some Useful Sources of Information

Markets and Sectors
http://www.tradeport.org/ts/countries/canada/sectors.html

Market Access
http://www.tradeport.org/ts/countries/canada/market.html

Investment Climate
http://www.tradeport.org/ts/countries/canada/climate.html

ACEIS - Agriculture and Agri-Food
Canada's electronic agriculture information service
http://www.agr.ca/

Bureau de la statistique du Québec - Access to data
on Quebec's economy.
http://www.bsq.gouv.qc.ca/bsq/

Canada - Industry Statistics
Offers detailed cross sectional and some time series views
of some 230 Canadian industries.
http://strategis.ic.gc.ca/sc_ecnmy/sio/homepage.html

Canada Web
Features national business, shopping, city guides, news,
weather, market place and more.
http://www.canada-web.com/

Canada's Yellow-Net
News, online business directories and more
http://www.yellow-net.com/canada.htm

Canadian Business Map - Carte du commerce
canadien Company Directories, Analysis and Statistics, Legislation,
Regulations and more
http://commercecan.ic.gc.ca/

Canadian Corporate News
Business and investment news, media and disclosure services
http://www.cdn-news.com/index.html

Canadian Financial Network
Collection of 1,200 financial resources for int'l and Canadian investors
http://www.canadianfinance.com/

Consumer Panel of Canada
Information about the measurement of Canadian purchase patterns
http://www.npd.com/cpc.htm

Department of Foreign Affairs and International Trade
Info of Canadian foreign policy, business, investment, human
rights, culture, education, travel, law.
http://www.dfait-maeci.gc.ca/

Globe and Mail
Authoritative source for Canadian business news
http://www.theglobeandmail.com/

INCAN - Canada's Industrial Connection
Source of information about manufacturers, distributors and
suppliers of Canadian industrial goods and services.
http://www.incan.com/

Strategis
Guide to Canadian government services, companies, int'l
trade & investment, technical innovation, and business support
http://strategis.ic.gc.ca/

Statistics Canada
Data on aspects of Canada's economy, land, people and government
http://www.statcan.ca/start.html

United States Information Service
The US Embassy in Ottawa provides information on Canada - US Trade.
http://www.usis-canada.usia.gov/

Canada - Importing Guidelines
http://americas.fiu.edu/customs/canada.htm

Guide to Importing Commercial Goods -
http://www.rc.gc.ca/E/pub/cp/rc4041ed/rc4041ed.html

 

 

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