- Business Advantage
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Accounting giant KPMG says Canada has proven to be second most competitive market in a comparison test of 10 leading industrial countries. In its report, KPMG says Canada lags only behind Mexico when it comes to how little businesses have to pay for labour, facilities, transportation and taxes.
The Province of British Columbia, Canada, issued its first Panda bond in China’s domestic bond market Jan. 21, 2016, officially accessing one of the world’s largest capital markets and strengthening relations with a key partner in the Asia-Pacific region.
Get set for British Columbia to lead the country in economic growth in 2016 and 2017, according to the Conference Board of Canada latest quarterly Provincial Outlook, released December 7.
British Columbia is moving to strengthen and diversify trade in Asian markets in order to grow the economy. Through a new Asia trade strategy, the Province will be opening trade and investment representative offices in Southeast Asia, developing a new strategy for India and expanding its activities in mid-size Chinese cities.
The Province of British Columbia has received approval from the Peoples’ Bank of China to become the first sovereign government to establish a Panda bond program in China s onshore Renminbi (RMB) market, Finance Minister Michael de Jong announced today.