The US To Canada

If you're an American business owner considering expansion into Canada, welcome to the land of wealth and opportunity! Thousands of American businesses have already paved a well-traveled road into the Great White North, so why should you miss out? You'll quickly find as you investigate that it takes very little effort to expand into Canada thanks to its nearness and the constant encouragement of foreign investment by the Canadian government. So keep reading and before you know it you'll be signing the deed on commercial real estate. Toronto awaits!

Why is Canada such a great place to expand into? The primary obstacles to trading internationally are tariffs, which are taxes imposed on foreign companies whose products compete with locally made products in order to give the local products the advantage. Thanks to the North American Free Trade Agreement, no tariffs exist between the United States and Canada, which means that you can sell your cheaper American-made bathroom vanities to contractors building Brampton condos with no penalty, even if you're undercutting a Canadian company. This gives you more options than you would normally have had.

An even bigger incentive than no tariffs for American businesses entering Canada is the fact that in many cases the Canadian government will pay you to move into the market by offering subsidies and tax breaks. The R & D tax credit Canada offers means that money spent on research and development conducted in Canada can be claimed against your taxes. Not all industries have tax breaks, only the ones that are in need of development and investment. The film and television industry is another one of these areas. Many provinces offer tax breaks to companies who opt to shoot in Canada.

The greater buying power you have from being based in America gives you access to a lot of capital that you can turn a profit on if you invest it in Canada. House flipping is one way this can be done. You can buy a Brampton property much more cheaply than your average American property, improve it for less and resell it on the Canadian market for a profit. Areas like Brampton and other suburbs outside of major Canadian cities are prime targets since there's a population boom in Toronto which is leading to a housing crunch.

Sometimes you don't even have to leave your American hometown to make money off of Canadians. With the rise of e-business, many American companies are able to turn a profit by selling real estate web site templates or cloth diapers directly to consumers across the border via internet stores. Shipping in these cases can be done via the postal service or through couriers with the buyers absorbing the cost rather than the seller. This type of business eliminates the need for Canadian middle-men to re-sell your products at a profit for them through a physical store and for bulk transportation that would have required the more expensive services of a dedicated shipping company.