Canada
On this page you will find beneficial information regarding foreign direct investment in / trading with Canada. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Federal Parliamentary Democracy under a Constitutional Monarchy
Population: 38.9 million (2022)
GDP: 2.14 trillion USD (2022)
Corporate Tax Rate: 33%
Personal Income Tax Rate: 15% - 33%
Major Exports: Crude Petroleum ($123B), Cars ($29.4B), Petroleum Gas ($24.3B), Refined Petroleum ($17.2B), and Gold ($14.7B), exporting mostly to United States ($438B), China ($25.4B), Japan ($14.3B), United Kingdom ($12.9B), and Mexico ($7.39B).
Major Imports: Cars ($31.9B), Refined Petroleum ($19.8B), Motor vehicles; parts and accessories (8701 to 8705) ($17.4B), Delivery Trucks ($17.3B), and Crude Petroleum ($16.8B), importing mostly from United States ($308B), China ($62.1B), Mexico ($22.2B), Germany ($14.1B), and Japan ($9.87B).
Investment Agency: Invest In Canada
Website: https://www.investcanada.ca/
National Chamber of Commerce: Canadian Chamber of Commerce
Website: https://www.chamber.ca/
Customs Agency: Canada Border Services Agency (CBSA)
Website: https://www.cbsa-asfc.gc.ca/
