Canada is not only the second-largest country in the world, but it was also voted as the second-best country in the world (U.S. News, 2020). Canada is under the constitutional monarchy, meaning Queen Elizabeth II is seen as the Head of State, with Justin Trudeau as the Prime Minister. Currently, the Liberal Party rules Canada, which according to The Canada Guide, is “the most historically successful” party. Canada has been able to have a politically stable government due to its ability to enforce individual rights, economic freedom, and equality. Canada takes pride in being a multicultural country and encourages its citizens to embrace their cultures.
Canada has few enemies like China and the South-Central Asian regions, like India, Iran, and Pakistan (Tunney, 2020). But it also has ties with the members of the North Atlantic Treaty Organization (NATO). For example, The United States, The United Kingdom, France, and Germany (Nato, 2020), which would help establish reasonable quotas and pricing on tariffs. Canada has the benefit of having the U.S. next door and water bordering three sides to easily receive exports from other countries. Accessibility is one of the key factors of doing business in another country.
Figure 9.
Canadian Federal Government (WordPress, 2015).
