AKVA Intl Research - PowerPoint [Final]

AKVA International Research : 

AKVA International Research Profile: British Columbia, Canada

Company Roster : 

Company Roster Alan Fassonaki Lead Writer Anush Babayan Lead Researcher Katie Johnson Lead Editor, Assistant Researcher Vince Ginsburg Project Leader, Graphical Designer

National Overview : 

National Overview Profile of Canada as a whole

Geography : 

Geography Second largest country, after Russia Total land area: 3,855,102 square miles Spans six time zones

Regionals : 

Regionals 10 provinces, 3 territories Each province or territory has its own capital city Location of its provincial or territorial government Atlantic Region (The East) Newfoundland Labrador Nova Scotia New Brunswick Prince Edward Island

Regionals : 

Regionals 10 provinces, 3 territories Each province or territory has its own capital city Location of its provincial or territorial government Central Region Quebec Ontario

Regionals : 

Regionals 10 provinces, 3 territories Each province or territory has its own capital city Location of its provincial or territorial government The Prairies Manitoba Saskatchewan Alberta (partial)

Regionals : 

Regionals 10 provinces, 3 territories Each province or territory has its own capital city Location of its provincial or territorial government The North Nunavut Yukon Northwest Territories

Regionals : 

Regionals 10 provinces, 3 territories Each province or territory has its own capital city Location of its provincial or territorial government The West Alberta British Columbia

British Columbia : 

British Columbia Highly diverse natural environment, population, economic base Rich in natural resources Gateway location between North America and Asia Home to the 2010 Olympic and Paralympics Winter Games

Economic Analysis : 

Economic Analysis Breakdown of British Columbia’s economic standings

Economical Analysis : 

Economical Analysis 2008: Canada among Top Ten nations with favorable business start-up costs Lower start-up costs than Seattle, San Diego, San Jose, and Las Vegas Outside financing available for companies with insufficient funds

Economical Analysis : 

Economical Analysis Canada’s gateway to Asia-Pacific Traditionally strong industries: forestry, mining, fishing, and agriculture Rise in new industries: eco-tourism, agro-tourism, filmmaking, high technology One of the world’s most modern educational, transportation, and telecommunication infrastructures

Economical Analysis : 

Economical Analysis Greatest Strength: Small business sector Small businesses are key to employment growth and GDP Small Business Profile 2009: Small businesses responsible for 98% of all business Providing over 1 million jobs to British Columbians Approx. 87 small businesses per 1,000 people 1/10th of Canada’s GDP Growing population, over 2 million Continually attracts tourists every year

Government Analysis : 

Government Analysis Laws and Regulations for British Columbia

Legal Analysis : 

Legal Analysis Geared towards the business owner Currently enacted 3-Year Plan to reduce bureaucratic “Red Tape.” Reduces: Requirements Regulations Permits Licenses

Legal Analysis : 

Legal Analysis Business start-up can be conducted online BizPal BizPal helps businesses in all aspects, from choosing a name to securing appropriate forms, permits, licenses, and tax deductions Choosing a business name costs only $40 All names must be approved with a Name Approval Request

Legal Analysis : 

Legal Analysis After choosing a name, businesses must decide on a “form of business.” i.e.: Sole Proprietorship General Partnership Incorporation Etc. Companies must register with a Statement of Registration at the British Columbia Business Registry website Registration must be within 56 days of the Name Reservation Date

Legal Analysis : 

Legal Analysis Next, companies must familiarize themselves with tax laws Income Tax Act, administered by the Taxation branch of the Canada Revenue Agency Best explained on a case-by-case basis by accountants or tax lawyers

Legal Analysis : 

Legal Analysis Depending on the form of business, different regulations apply: For Proprietorships or Partnerships Gross and Net profits/losses for its fiscal period must be reported on individual tax return For Corporations Corporate tax return must be reported within 6 months of the end of its fiscal period

Legal Analysis : 

Legal Analysis Small Business.ca website provides comprehensive FAQ, including: Specific tax questions When to tax customers on goods What purchases qualify as tax deductible

Population Demographics : 

Population Demographics The people of British Columbia

Canada’s Population - Age : 

Canada’s Population - Age 25% over age 55 Less than 40% are under 13 Median Age: 40.4

Canada’s Population - Gender : 

Canada’s Population - Gender Before, were more males than females Anywhere from 101-150 males for every 100 female Recently, proportions between males and females have leveled out 98 males for every 100 female

Canada’s Population - Language : 

Canada’s Population - Language Official Languages: English and French 58% speak English 21% speak French British Columbia, being of English descent, has more English speakers than French

Canada’s Population - Employment : 

Canada’s Population - Employment 2008 Unemployment Rate: 6.2% 10.8% of population below poverty line

Cultural Trends : 

Cultural Trends Summary of British Columbian culture

Cultural Summary : 

Cultural Summary Tolerant of social, cultural, economic, and political differences Welcoming towards other cultures Officially “multicultural”

Cultural Summary : 

Cultural Summary Express culture through television, movies, radio, and literature Enjoy cultural products from other countries Appreciate foreign artists and creators Though relatively small population, they are: Diverse Hold a powerful and pervasive culture throughout the world

Thanks For Watching : 

Thanks For Watching AKVA International Research © 2009