MGM101H5 Study Guide - Final Guide: Registered Retirement Savings Plan, Energy Market, Canadian Dollar
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MGM101H5 Full Course Notes
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Document Summary
Business environment: canada and its economic system: Current member of g7/8 makes canada possesses one of the most fully developed economic systems in the world. natural resources, skilled workers, sophistication of tech- based business have helped us grow. A core requirement to the stability and growth of any economic system lies in its ability to support and promote both the current and future economic activity taking place. This encompasses both the ability to provide a stable environment for economic growth and to ensure that the required business and economic management systems are in place to support an organized approach to economic development. Our banking system is known to be one of the most efficient. Possession of natural resources (commodities and energy market) makes us have a comparative advantage. The end result is that many domestic and foreign companies and investors view canada as a safe and lucrative place to do business.
