The Influence Of Global Business In Canada

Global business is defined as the "environment in different countries can influence decision-making on resources used and capabilities". The Canadian government tries to collaborate the private and public sector so it can promote the agenda that is common between them and to have an effective business environment. One of the relationship between Canadian businesses and government to promote a shared vision and agenda in the global business environment is the relationship between trade and investment markets. The effectiveness for the Canadian businesses and the government engaging together to promote the trade and investment relationship has a huge effect on the Canadian economy, as it helps and supports Canada’s job market and growth. The

This being said provides large amount of employment, economic opportunities and good lifestyle for the Canadian business and government. For example in 2006, over 345,000 people were employed in oil, gas and electricity sector alone. (Canadian Energy Overview 2006) In 2005, petroleum companies and electrical utilities contributed over $31 billion in bonuses, fees, dividends, and taxes to Canadian provinces which supports health and education. (2005 Net Cash Expenditures) Canada is pleased to have such strong and efficient energy sector, but Canada does face energy challenges. As it’s becoming more difficult now a days to find oil, natural gas and coal. And therefore there must be ongoing development. Due to the climate changing in the world it is very important to develop, transport and use energy in an environmentally manner. Therefore Canadians and government will partnership to work together to transform A shared vision for energy in Canada into

Canada knows what the benefits of exports are. As it allows Canadians to sell their goods and service in exchange for foreign goods and services. Canada highly depends on its trades as it straightens the amount of incomes and living standards of its nation. For example in 2011, Canada’s exports and imports of goods and services were $1.1 trillion in total which equals the average size of Canada’s economy. Its gross domestic product was $1.7 trillion last year and 63.3 percent of trade in shares. Canada is so highly depend on its trade that it improves the quality of the way Canadians live every day. The way we live, eat, drink, dress and use machineries are all part of trade and international resources by the Canadian Government. For example when we Canadians read the daily headlines while eating food or drinking juice, coffee or tea are all imported goods from other place in the world. Or the cars we ride in Canada are build overseas. Without trade Canada has nothing to gain which means high average costs for producers, in return high prices for consumers. But with trade being offered in Canada means becoming more secure and stable employment. Which is more efficient and profitable for government by paying more in taxes, providing revenues to the public coffer. Trade is split between Consumers, workers and businesses. Where consumers equals lower prices and increased variety of goods and services. Workers and businesses equals higher productivity and wages which both