Invest in Canada: Learn About the Free Trade Agreements in Canada

July 9, 2024

Whether you sell products or services or are looking for investors, when you’re looking to expand into new markets, investment in Canada leads to better growth and highly desired global market access. Businesses investing in Canada get access to 1.5 billion consumers across 51 countries, through Canada’s 15 free trade agreements. More and more these businesses are choosing the Bay of Quinte region of Canada for that investment. Here’s how you can benefit from Free Trade Agreements in Canada and why you should choose to grow into the Bay of Quinte region. 

How Your Business Will Benefit from Canada’s Free Trade Agreements

When you invest in Canada you will grow your business by: 

• Increasing competitiveness
• Gaining access to new consumers
• Removing barriers to trade and improving supply chain integration
• Receiving preferential access to world markets
• Lowering the risk to international investors and service providers
• Gaining access to global talent

The Bay of Quinte and What’s In It For You?

Located on the northern shores of Lake Ontario, the Bay of Quinte boasts a high quality of life and a balance of urban and rural communities. One hundred, ten thousand highly skilled workers call the region home and 5 key sectors operate in here: 

• the Bay of Quinte is “the largest food processing hub” in the eastern Ontario region
• the region currently employs more than 11,000 people in advanced manufacturing
• business services
• logistics and transportation 
• the tech sector is “quickly growing in the Bay of Quinte” region 

Here Are 5 More Reasons to Set Up Business In the Bay of Quinte

1. Low cost: the region has a lower cost of living, with the average family home costing around $600,000. It has the lowest tax rate on business investments in the G7.
2. Incentive opportunities: the Quinte Economic Development Commission (QEDC) works with industries to help businesses navigate the multitude of federal, provincial, and local inventive opportunities in the region. To date, QEDC has helped local businesses access over $50 million in funding. 
3. Education and training: with 8 post-secondary and educational institutions in the greater region residents and employees have access to industry-relevant learning in programs such as:
   • Manufacturing Engineering
   • Biotechnology
   • Welding and Fabrication 
   • Chemical Engineering
   • International Trade and Logistics
   • Business, Accounting, and Marketing
   • Technology
4. R&D: the Bay of Quinte region is at the vanguard of innovation because of its proximity to education institutions, tax incentive and grant opportunities, and business eco-system. 
5. Available now: there are high value properties available for investment in the region right now with market access, close to major highways, and railroads. 

The Bay of Quinte and Canada’s Free Trade Agreements will help your business expand globally. The Quinte Economic Development Commission (QEDC) provides information, connections, and resources for manufacturers in the Bay of Quinte. QEDC supports the region’s businesses and entrepreneurs as well as the local workforce.