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EDC products and services include trade credit insurance, export financing for Canadian companies and for their foreign customers, equity investments, bonding products, international market expertise, as well as information on opportunities in international markets. [4] [5] [6] EDC was founded in 1944.
Invest in Canada is an arms-length Government of Canada organization that promotes and attracts foreign direct investment into Canada. It was created through the Investment Canada Act and launched on March 12, 2018 [ 1 ] as a departmental corporation.
It also activated an Economic Action Plan 2012 with the wider participation of Canada's business community to identify new markets, strengths and opportunities. [ 1 ] [ 2 ] [ 3 ] Finally they all came out with the new Global Markets Action Plan on November 27, 2013, to achieve these objectives.
SoFi was founded in 2011 as a student loan refinancing company. In 2019, SoFi — , short for Social Finance — expanded into investment services, offering a user-friendly platform to new investors.
The free trade agreements of Canada represents Canada's cooperation in multinational trade pacts and plays a large role in the Canadian economy. Canada is regularly described as a trading nation , considering its total trade is worth more than two-thirds of its GDP (the second highest level in the G7 , after Germany ).
Opportunity International Canada is one of five Opportunity International Support Member countries, along with the USA, Australia, the UK and Germany. Opportunity International Canada was founded in 1998 by David Stiller, who worked with a dedicated group of entrepreneurial Canadian business people to launch it as a registered charity in Canada.
Canada spends around 1.70% of GDP on advance research and development across various sectors of the economy. [55] [56] Canada's economic integration with the United States has increased significantly since World War II. [57] The Automotive Products Trade Agreement of 1965 opened Canada's borders to trade in the automobile manufacturing industry ...
Entrepreneurs and startup founders are offered the option of a startup visa if they meet four main criteria. The program aims to recruit innovative entrepreneurs to the country by linking them with Canadian angel investor groups, venture capital funds, or business incubators to facilitate the establishment of their startup business in Canada. [2]