ARBUS 100 Chapter 5: UNIT 5

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On the global level canada is almost invisible. When canada is seen by the world it is thought of as hewers of wood and drawers of water , because of its history of wood and fish exports. P 252 asks, could these be canada"s competitive advantages? . Describe companies that are leader at the international level industries which canadian companies have had and international success and analyze the reasons for their success. Industry is dominated by the big six : royal bank of canada, td. Bank, cibc, national bank, bmo, and scotia bank. Canadian bank are larger and have greater reserves than. Canada"s banking system is tightly regulated by the federal government. Designed to handle ups and downs of the business cycles. The wef selected canada"s as the country with the soundest banking system in the world. Canada has profitably exported its banking expertise around the world.

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