B.C.’s Trade Diversification Strategy: Driving Growth for Canadian Businesses in New Markets

In response to the increasing interest among Canadian companies to diversify their market presence beyond the United States and China, local governments are stepping up to support these businesses. One such example is B.C.’s Trade Diversification Strategy, which focuses on bolstering export development and investment attraction by capitalizing on British Columbia’s competitive advantages. The strategy targets new markets such as Mexico, Taiwan, and Vietnam, while also expanding in key existing markets.

If you are considering expanding your business into new markets and require logistical support, Canaan Group is well-equipped to assist you. With extensive global reach and experience, we can serve as a reliable solution provider to help streamline your expansion efforts and navigate the complexities of international trade.

Source:
1. B.C.’s Trade Diversification Strategy, Government of British Columbia’s website, May 11, 2023. Accessed May 23, 2023.