Canada has a key first mover advantage as the only country to have free trade agreements (FTA) with all other countries in the G7. Canada is also the only G7 country with preferential FTA access to the world’s two largest economies the E.U. and the U.S., making it well positioned for businesses looking for a competitive advantage. With support from the B.C. government, export-ready international enterprises can develop strong relationships to obtain essential resources, skilled labour, and streamlined shipping and logistics that bring efficiency and value to their operations.
With a rich supply of resources across various industries, intelligent logistics to bring raw materials in and send finished goods where they need to go, and a deep pool of skilled labour, B.C. brings a substantial advantage to investors around the world.
Doing business with British Columbia brings you the access, predictability, streamlined processes and reduced costs that come with one of the world’s most open trading economies.
Low costs, competitive taxes, a skilled workforce, and abundant natural resources make B.C. an ideal opportunity for U.S. investors.
Often referred to as Canada’s gateway to Asia and Asia’s gateway to Canada, British Columbia has a long history of positive international trade and investment activities, especially with China.
Natural resources, such as LNG, are in high demand in Japan and have great availability in B.C. Building on longstanding relationships, Japan can enjoy significant opportunities to invest in natural resources from many regions of B.C.
B.C. is strongly connected to Korea. We are home to the second-largest community of Koreans in Canada, and nearly half of all Canadian goods exported to South Korea come from B.C.
Partnerships, such as the B.C. India Business Network, establish and support business and cultural ties between India and the communities of British Columbia.
With a long history of trade arrangements benefitting both regions, Canada and the E.U. have a strong foundation of powerful frameworks, processes, and partnerships that will continue to provide value.
Businesses in B.C. pay a general corporate income tax rate of only 27%, one of the lowest in the G7. With the tax credits and exemptions available to businesses operating in B.C., ASEAN investors can enjoy substantial opportunities to thrive and grow.
Discover the sector or regional advantages to support your business. Learn more about community engagement and consulting with Indigenous people and First Nations communities in British Columbia.