Reports

Invest In Canada: Science, Technology and Innovation

Canada has become an increasingly attractive destination in which to grow a business, and a desirable location from which to launch into other international markets.

Its appeal is due to a consistently strong economy, abundant natural resources, and a record of political stability and good governance. In addition, Canada enjoys close proximity and access to the US market and excellent trade deals with global markets. It is an economy open to foreign investors, with a stable financial structure and a great depth and breadth of technological innovation.

Canada was the tenth largest economy in the world in 2019 according to the World Economic League Table. It has the world’s second largest surface area, a population of 37.5 million, and a GDP of US$1.731 trillion (US$46,510 per capita). Its economy is projected to rise to become the ninth largest economy by 2024 and eighth largest by 2029, this is thanks in part to its rate of population growth which is the largest among the G7 countries.