Saturday 10 May 2014

Manufacturers Canada, Canada Manufacturers, Canadian Manufacturers, Manufacturing Companies in Canada

Canada is the 7th largest manufacturing country as per Global Manufacturing Competitiveness Index 2013. Manufacturers of Canada heavily rely on resource based manufacturing. Canada has established manufacturing industry. Canada’s manufacturers export more motor spares and motor vehicles, aircraft, industrial machinery, electronics and telecommunications equipment. Canadian manufacturers do more exports and its economy depends on manufacturing exports. Canadian manufacturers’ most trading partners are from United States.
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Manufacturers of Canada enjoy several advantages in manufacturing industry which are offered by Canadian government. Canada has efficient regulatory environment which is favorable for business people like manufacturers. The cost of obtaining licenses is reduced recently. There is no minimum capital required for starting a company. Government has flexible labour regulations for business. Canadian manufacturers have low trade or non-trade barriers which allows for open markets. Government encourages manufacturers by providing incentives to invest in under-developed areas in Canada. 

Canadian manufacturers are blessed with abundant natural resources like energy, forest and mineral resources. They are the leading exporters in natural resources and resource-based technology. The major challenge for manufacturers is to find out technically skilled labour for rapid evaluation of technology used in manufacturing. Appreciation of Canadian dollar affects exports by manufacturers. Canadian manufacturers are the major contributors to the Canadian economy. They are also best in food processing, pharmaceuticals, shipbuilding and primary metals among others. 

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Many of the Canadian manufacturers are utilizing latest technology in automation, nanotechnology, robotics and bio technology. Canadian manufacturers used to invest more on research, transformation of new discoveries into advanced products and technology. They are the global leader in innovation and advancements. 

Bizbilla.com provides a huge platform to get connected with innovative manufacturers of Canada. Trading with Canada now becomes easier with the help of Bizbilla.