Canada's Domestic Market

There is an administration sense of duty regarding draw in outside direct speculation. Canada's administration gives an aggressive, inviting atmosphere for universal business. Additionally, it is focused on financial obligation, shortage lessening and employment creation. Canada is a great decision to put resources into because of their Domestic market, wage aggressiveness, work drive quality, International business abilities, crude materials, vitality costs, foundation, business administrations and legitimate condition.

What is a domestic market? A Domestic Market is a market within a country's own borders and trading is aimed at single market. In such markets, firms face similar set of competitive, political, economic, social, market and

Increasing global trade and advances in technology are changing the world economy. Countries that ignore what is happening and take a "business-as-usual" attitude will fall behind.

On the other hand, countries that take bold actions by adapting to new technologies and the realities of today's economy will meet the challenges of tomorrow head on, seize new opportunities, and build a better country. Building a positive entrepreneurial climate and help small businesses grow. Expanding markets for jobs and growth through trade Creating an efficient and modern infrastructure Increase global trade and business dealings, and continually upgrade Canadians' skills and knowledge levels to ensure jobs and growth.

All Canadians, individuals as well as groups in both business and government, need to work together to improve their chances for success Helping small business grow. Small business creates jobs, almost 90 percent of the new jobs in the Canadian economy. The priority is to make sure that nothing stands in its way, by removing obstacles to

Increasing the number of exporters and reduce the current account deficit and, as a result, create more jobs for Canadians. Building global linkages. A more strategic approach to promoting Canada as an investment site within NAFTA.

The two international strategies canadians should adopt is to open a plant in Mexico to assemble auto car parts. And Outsourcing the assembling of auto parts to Mexican plants. Canadian suppliers must compete based on lowest-cost, highest-quality, high value-added; components. The low value of the peso will encourage parts and vehicle sourcing from Mexico while discouraging exports to the Mexican vehicle market.

Global competition will intensify for both parts companies and assemblers, particularly as emerging countries struggle to develop their economies, many using the automotive sector to spur economic growth. It is expected that trade barriers will be reduced further, thus opening new market opportunities for Canadian firms. The risk of adopting this strategy is the firm will have to deal with a completely different set of rules and regulation of the Mexican government, that might not suit the firm’s goals and