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CHAPTER 9:
Canada and International Business
Chapter 9:
CANADA AND INTERNATIONAL BUSINESS
Fundamentals of International Business
Copyright © 2010 Thompson Educational Publishing, Inc.
Key Terms
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tax credit
Smart Border Accord
Human Development Index (HDI)
productivity
telecommuting
Chapter 9:
CANADA AND INTERNATIONAL BUSINESS
Fundamentals of International Business
Copyright © 2010 Thompson Educational Publishing, Inc.
Chapter Objectives
By the time you finish this chapter, you should be able to:
 Describe Canadian companies that are leaders at the international
level and those industries in which Canadian companies have had
international success and analyze the reasons for their success
 Evaluate the factors currently affecting the international
competitiveness of Canadian businesses
 Explain how Canada can attract foreign investment
 Explain how Canada’s cultural diversity contributes to its
competitive success in international business
continued on next page
Chapter 9:
CANADA AND INTERNATIONAL BUSINESS
Fundamentals of International Business
Copyright © 2010 Thompson Educational Publishing, Inc.
Chapter Objectives, continued
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Analyze the impact of international business activity on Canada’s
economy
Describe how the state of Canada’s economy affects
international businesses operating in Canada
Analyze the ways in which the workplace, occupations, nature of
work, and working conditions in Canada have changed as a result
of the growth of a global economy
Chapter 9:
CANADA AND INTERNATIONAL BUSINESS
Fundamentals of International Business
Copyright © 2010 Thompson Educational Publishing, Inc.
Unit 1 Overview –
CANADA’S ADVANTAGE
Chapter 9 –
Canada’s Competitive
Advantage
Chapter 9 –
Foreign Investment
in Canada
Culminating Activity for Unit 1 – Unit Test Thursday,
October 1st
Competitive Advantage
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Switzerland: ________________________
Japan: _____________________________
Sweden: ___________________________
United States:
________________________________________
________________________________________
Chapter 9:
CANADA AND INTERNATIONAL BUSINESS
Fundamentals of International Business
Copyright © 2010 Thompson Educational Publishing, Inc.
Competitive Advantage
 A product that a country of company is better at
producing than its competitors.
 Advantages based on:
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Technology
_________________________________________________
Marketing
Management
Quality
_______________________________________
Productivity
Warranty
Service
Chapter 9:
CANADA AND INTERNATIONAL BUSINESS
Fundamentals of International Business
Copyright © 2010 Thompson Educational Publishing, Inc.
Canada’s Competitive Advantages
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Lumber
___________________
Blackberry
___________________
What else is there????
Chapter 9:
CANADA AND INTERNATIONAL BUSINESS
Fundamentals of International Business
Copyright © 2010 Thompson Educational Publishing, Inc.
Canada’s Competitive Advantages
Canada’s Banking Industry
 Industry is dominated by the “__________________”:
Royal Bank of Canada, TD Bank, CIBC, National Bank,
BMO, and Scotiabank
 Canadian banks are larger and have greater
_________________ than European and American
competitors
 Canada’s banking system is tightly ________________ by
the federal government
 Designed to handle ups and downs of the business cycle
Chapter 9:
CANADA AND INTERNATIONAL BUSINESS
Fundamentals of International Business
Copyright © 2010 Thompson Educational Publishing, Inc.
Canada’s Competitive Advantages
Canada’s Banking Industry
 Canada has profitably exported its banking
expertise around the world
 Four of the ten largest banks in North
America, measured by assets, are Canadian
 _____________________________ has
more than two thousand branches in fifty
countries
Chapter 9:
CANADA AND INTERNATIONAL BUSINESS
Fundamentals of International Business
Copyright © 2010 Thompson Educational Publishing, Inc.
Canada’s Competitive Advantages
Canada’s Cultural Industry
 Includes publishing, theatre, visual art, music and
film
 Provides employment for skilled workers
 Is a growth industry—Canada’s exports of cultural
products doubled between 1997 and 2006
 To attract foreign investment, the government is
offering a tax credit
Chapter 9:
CANADA AND INTERNATIONAL BUSINESS
Fundamentals of International Business
Copyright © 2010 Thompson Educational Publishing, Inc.
Movies Filmed in Canada
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__________________
Elektra
Glitter
Happy Gilmore
The Notebook
Paycheck
 ____________
____________
 ____________
____________
 ____________
 2012
Canada’s Competitive Advantages
_______________________
A sum that can be deducted from the amount of
tax owed by an individual or business.
For example, to draw film and television
production to British Columbia, the provincial
government offers a _________________________
__________________________________________
Chapter 9:
CANADA AND INTERNATIONAL BUSINESS
Fundamentals of International Business
Copyright © 2010 Thompson Educational Publishing, Inc.
Canada’s Competitive Advantages
Canada’s Technology Industry
 To allow businesses and individuals to stay connected
across Canada’s large ____________________ area,
excellent communication technology is a necessity
 One of Canada’s great success stories is the ___________,
developed by Waterloo-based Research In Motion(RIM)
 Canada also has a strong software industry
 Digital media industry—focused on gaming, special
effects, animation, and simulation products for
entertainment and health industries and the armed
forces—employs over ___________________ people
Chapter 9:
CANADA AND INTERNATIONAL BUSINESS
Fundamentals of International Business
Copyright © 2010 Thompson Educational Publishing, Inc.
Canada’s Competitive Advantages
Chapter 9:
CANADA AND INTERNATIONAL BUSINESS
Fundamentals of International Business
Copyright © 2010 Thompson Educational Publishing, Inc.
Cirque Du Soleil
1.
2.
3.
4.
How did Cirque du Soleil start?
Describe the Cirque du Soleil shows.
Explain why Cirque du Soleil is easily exportable.
How does Cirque try to appeal to an
international audience?
Chapter 9:
CANADA AND INTERNATIONAL BUSINESS
Fundamentals of International Business
Copyright © 2010 Thompson Educational Publishing, Inc.
Insert video –
Cirque du Soleil
Chapter 9:
CANADA AND INTERNATIONAL BUSINESS
Fundamentals of International Business
Copyright © 2010 Thompson Educational Publishing, Inc.
Canadian Companies
** Research two Canadian companies that you find interesting and research the
following details…be ready to share with the class tomorrow.
Industry
1 Entertainment
Company
Name
Cirque De Soleil
Description of Company
/ Product
A dramatic mix of circus arts Love their shows – have been to
and street entertainment.
two now and love the
performance.
2
3
Chapter 9:
CANADA AND INTERNATIONAL BUSINESS
Why do you find them
interesting?
Fundamentals of International Business
Copyright © 2010 Thompson Educational Publishing, Inc.