- Elgar original reference
Edited by Léo-Paul Dana
Chapter 18: Canadian Perspectives of International Entrepreneurship
18 Canadian perspectives of international entrepreneurship Martine Spence The Canadian economy is characterized by its international dependence.* With 30 million inhabitants, the domestic market is limited and Canada relies on trade to fuel employment and growth more than almost any other industrialized country. The ﬁgures speak for themselves. Exports of goods and services rose to 468 billion dollars in 2001, or approximately 43 per cent of GDP (compared to an average 17 per cent for G7 countries); 167000 new jobs were created in the same year, of which a good number are related to international trade. Estimates are that one job in three is tied to international trade. One other notable point to mention is that more than 70 per cent of Canadian exporters are SMEs with annual sales under one million dollars (www.dfait-maeci.gc.ca). The federal government encourages entrepreneurs to expand internationally through the establishment of a large number of services designed to assist SMEs in their export eﬀorts, such as numerous sources of information and export advice, market and sector studies and the services of commercial attachés around the world. The government facilitates services access to entrepreneurs through the creation, in 1997, of a single point of reference: Team Canada Inc (TCI). TCI is a network of federal departments and agencies, uniting its eﬀorts with those of the regional trade networks established in each province and territory to support the growth of exporters. Its purpose is to rationalize business services. Any business can access the information...
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