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The “buy local” movement has been around in some form since international trade and globalization began. In Canada, a “Buy Canadian” movement began as early as 1914, when the First World War economy saw imported products as a threat for the first time.
What has changed and why are there so few Canadian SME exports? And what can be done to help more of them succeed in global markets?
Whether or not your international distributor agreements are about to end, it’s important to start preparing now for when that eventuality occurs.
The idea of supporting local businesses is inherently appealing, but “buy local” campaigns may hurt the same businesses they’re designed to support.
As your supply base expands into the global trade arena, sellers and buyers need to be acutely aware of how this may impact purchases under the FCA Incoterm.
Since October 2015, I have been working on one of the biggest projects of my logistics career – to relocate my career, home and life from Ottawa, ON to beautiful Victoria, BC.
Facing a global economic slump and a sharply devaluating loonie, the government of Canada has strategically turned its attention on growing international markets with the goal of tapping into the economic benefits of global trade including seeking a free trade deal with China.
A Global Trade Enthusiasts Meetup group is an ideal place for import export professionals to get together and learn from each other’s experiences, to network, and to share common interests for business growth and development.
Many international partnerships are set up to fail because of incorrect assumptions. If we take key lessons from 17th century trading ships, we can see how best to plan ahead and strengthen partnerships to survive any import export situation.
It has been a unique privilege to be nominated as a delegate for Canada to the B20 Task Force on Financing Growth, and thereafter, to receive an invitation from the organizers to attend the final summit meeting, including a joint session with Heads of State for an even smaller group of participants.
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