Many Canadian businesses assume that the domestic market provides them with enough opportunities to grow and succeed. On the contrary, due to an increasingly globalized marketplace, businesses must expand their market and attract new customers outside of their country’s borders in order to reach their full growth potential. Business owners can take the necessary steps…
Being able to develop a product, service, or business that can be exported to foreign markets provides a sustainable advantage for Canadian firms. Although Canadian businesses are typically known as global leaders for quality products, being certified under an international quality standard will help businesses to engage in additional trade opportunities. For many Canadian businesses,…
With the relative weakness of the Canadian dollar against the U.S. dollar, many Canadian small businesses have ramped up exporting activities south of the border. The lower costs of buying from a Canadian company has made it very attractive for American businesses to purchase from Canadians. This trend is even impacting consumer markets with many…
Accessing and capitalizing on export expansion opportunities will be a critical strategy for businesses this year. A weakened Canadian dollar has increased the number of trade and export opportunities available for Canadian entities, and Canadian businesses must be willing to pursue these new markets to capitalize. Many small and mid-sized Canadian businesses that are new…
Canadian businesses looking to scale their operations and grow into new export markets can access CanExport funding for marketing and sales projects. Available for startups to medium-sized businesses, CanExport supports projects such as modifications to product packaging, conducting market research, and participating in international trade shows. Businesses can receive cost-sharing support from CanExport for up…
Following a profitable year in 2015, can Canada’s manufacturing industry continue to exceed expectations and repair economic damage caused by diminishing oil values? 2016 is shaping up to be a cautiously optimistic year for Canadian manufacturing. Led by a surging automotive industry, Canada has reasons for being hopeful that the manufacturing sector will help our…
Small businesses in Canada’s evolving food and beverage manufacturing industry have new opportunities to grow their business in export markets. Increasing worldwide demand for high-quality Canadian products, in addition to a weakened Canadian dollar, has created additional opportunities for manufacturers to develop international relationships. A popular export expansion strategy is to participate in trade shows…
As Canadian small businesses begin operations for the 2016 calendar year, many will begin implementing new strategies that adapt to changing market conditions. The low value of the Canadian dollar will continue to influence Canadian export growth, with new opportunities opening globally. Ensuring that your business can adapt to these changes will provide immediate and…
Ontario manufacturers have unparalleled access to business relationships in the United States. Close proximity to U.S. border crossings increases the speed of delivery times, reduces risk, and ensures a consistent and reliable export relationship. For decades, Ontario manufacturers have benefited from these relationships for decades, however early-stage manufacturers often face knowledge barriers that prevent their…
CME will be hosting a 1-hour Export Success Webinar on Effectively Selling in the Global Marketplace on November 19 at 11:00am to help early stage exporters. If your organization employs sales and business development professionals which engage with international clients, this webinar may be a good opportunity to increase their sales effectiveness. Keep in mind…