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GOVERNMENT

RESOURCES
REPORT
PROJECT 7

week 7
HORIZON CONSULTANT INC.
Table of Contents

Title Page

Table of Contents

Group Timesheet

Government Resources Report

Flowchart

Page 2
GROUP TIME SHEET 2023
GROUP NAME: PROJECT 7

Time
Total hours /
Weeks (From – To)
Example- 2PM – 7PM Week

WEEK 1 Tues 8 am -1 pm, Thurs 8 am-1 pm, Fri 2 pm-7 pm 15 HOURS

WEEK 2 Tues 8 am -1 pm, Thurs 8 am-1 pm, Fri 2 pm-7 pm 15 HOURS

WEEK 3 Tues 8 am -1 pm, Thurs 8 am-1 pm, Fri 2 pm-7 pm 15 HOURS

WEEK 4 Tues 8 am -1 pm, Thurs 8 am-1 pm, Fri 2 pm-7 pm 15 HOURS

WEEK 5 Tues 8 am -1 pm, Thurs 8 am-1 pm, Fri 2 pm-7 pm 15 HOURS

WEEK 6 Tues 8 am -1 pm, Thurs 8 am-1 pm, Fri 2 pm-7 pm 15 HOURS

WEEK 7 Tues 8 am -1 pm, Thurs 8 am-1 pm, Fri 2 pm-7 pm 15 HOURS

TOTAL NUMBER OF
105 HOURS
HOURS

KARAN SETHI C0848890

ROSE ANN EVANGELISTA C0848596

RUPINDER KAUR C0848891

HORIZON CONSULTANT INC. Page 3


HORIZON CONSULTANT INC.

CANADIAN GOVERNMENT WEBSITES THAT AID IN WORKING


EFFECTIVELY WITH REGIONAL TRADING BLOCS
THE TRADE COMMISSIONER SERVICE (TCS)
(TCS) offers valuable assistance to Canadian companies looking to work effectively with regional
trading blocs in the global market. The TCS provides a wide range of resources for companies
operating in both domestic and international markets.
For domestic markets, the TCS offers market intelligence and research specific to regional trading
blocs. This includes information on market trends, regulatory frameworks, and business
opportunities within each bloc. By accessing this information, Canadian companies can gain
insights into the dynamics and requirements of regional trading blocs, enabling them to make
informed decisions and tailor their strategies accordingly.
In terms of international markets, the TCS provides support through various means. One key
resource is their network of trade commissioners located in countries within regional trading
blocs. These trade commissioners have in-depth knowledge of the local markets, business
cultures, and trade dynamics. Canadian companies can leverage this network to establish
contacts, access market information, and receive personalized support and guidance in their
interactions with regional trading blocs.
Additionally, the TCS organizes trade missions and events focused on regional trading blocs. These
initiatives create networking opportunities and facilitate connections between Canadian
companies and stakeholders within the blocs. By participating in these missions, businesses can
establish relationships with potential partners, buyers, and government officials, enabling them to
navigate the regional blocs more effectively.
The TCS also provides business development services to Canadian companies. Trade
commissioners offer personalized advice and guidance on navigating regional trading blocs,
developing market entry strategies, understanding local regulations, and addressing trade-related
challenges. This hands-on support helps businesses of all sizes to effectively engage with regional
trading blocs and maximize their international trade opportunities.
Furthermore, the TCS serves as an advocate for Canadian companies, representing their interests
and addressing trade-related issues with foreign governments and regional trading bloc
authorities. Through their advocacy efforts, the TCS works to enhance market access for Canadian
businesses, resolve trade barriers, and promote fair trade practices within regional blocs.
Overall, the Trade Commissioner Service provides a wealth of resources to assist Canadian
companies in working effectively with regional trading blocs. From market intelligence and
personalized guidance to networking opportunities and advocacy support, the TCS offers valuable
resources that enable companies to navigate the complexities of regional trading blocs and seize
international business opportunities.
https://www.tradecommissioner.gc.ca/ Page 4
HORIZON CONSULTANT INC.

CANEXPORT
CanExport plays a crucial role in assisting Canadian companies with working effectively within
regional trading blocs in the global market. The program offers various resources to support
companies in both domestic and international markets.
One of the primary ways CanExport assists Canadian companies is through financial assistance.
The program provides funding to eligible small and medium-sized enterprises (SMEs) for their
international market development activities, including those related to regional trading blocs. This
financial support can be used to cover expenses such as market research, participation in trade
missions and trade shows, adaptation of marketing tools, and other activities aimed at expanding
into regional trading blocs. By alleviating a portion of the financial burden, CanExport enables
companies to invest in their engagement with these blocs and pursue opportunities within them.
In addition to financial assistance, CanExport offers valuable resources for companies looking to
work effectively with regional trading blocs. The program provides access to market research and
entry expertise, helping companies gain insights into the specific dynamics, regulations, and
business environments of regional trading blocs. This information equips Canadian businesses
with a better understanding of the market opportunities, cultural nuances, and entry strategies
within these blocs. It allows companies to make informed decisions and tailor their approaches to
effectively engage with regional trading blocs.
Furthermore, CanExport collaborates with various industry associations, trade organizations, and
government entities to provide networking opportunities, information sessions, and workshops.
These resources aim to educate Canadian companies on the nuances and requirements of
regional trading blocs, connect them with relevant industry stakeholders, and foster knowledge-
sharing and collaboration. By participating in these events, companies can expand their networks,
learn from industry experts, and gain practical insights on how to navigate regional trading blocs
successfully.
Overall, CanExport acts as a valuable resource for Canadian companies looking to work effectively
with regional trading blocs in the global market. Through financial assistance, access to market
research and entry expertise, and networking opportunities, the program supports businesses in
their efforts to capitalize on the opportunities presented by regional trading blocs and expand
their international presence.
https://www.tradecommissioner.gc.ca/funding-
financement/canexport/index.aspx?lang=eng
Page 5
HORIZON CONSULTANT INC.

EXPORT DEVELOPMENT CANADA (EDC)


Export Development Canada (EDC) plays a vital role in assisting Canadian companies with working
effectively within regional trading blocs in the global market. EDC offers a range of resources and
services to support companies in both domestic and international markets.
One significant way EDC assists Canadian companies is through its trade finance solutions. EDC
provides export insurance, financing, and bonding services to help manage the risks associated
with trading within regional trading blocs. These solutions provide companies with the financial
support and risk mitigation tools they need to navigate the complexities of these markets and
engage in trade with confidence.
EDC also offers valuable market knowledge and insights into regional trading blocs. Through
research reports, country profiles, and industry analysis, EDC provides companies with up-to-date
information on market trends, regulations, and business opportunities within these blocs. This
market intelligence helps companies make informed decisions, tailor their strategies, and identify
potential growth areas within regional trading blocs.
In addition, EDC provides risk mitigation services specifically designed for companies operating in
regional trading blocs. These services include political risk insurance and credit risk protection,
which safeguard businesses against risks such as payment defaults, political instability, and
contract performance issues. By mitigating these risks, EDC enables companies to operate
securely and with peace of mind within regional trading blocs.
EDC offers export development and financing solutions to support Canadian companies'
expansion into regional trading blocs. These solutions can include financing for market entry, trade
show participation, working capital, and export growth initiatives. By providing access to capital
and financial support, EDC helps companies seize opportunities within regional trading blocs and
overcome financial barriers to market entry and expansion.
Furthermore, EDC facilitates business connections and networking opportunities within regional
trading blocs. Through trade missions, business matchmaking events, and networking platforms,
EDC helps Canadian companies establish relationships with potential partners, buyers, and
industry stakeholders within these blocs. These connections enhance market access, foster
collaboration, and create avenues for growth and expansion.
Lastly, EDC offers international risk consulting services to assist Canadian companies in managing
the risks associated with operating within regional trading blocs. EDC's risk consultants provide
tailored advice and guidance on risk mitigation strategies, regulatory compliance, market entry
strategies, and other aspects of doing business within these blocs. This expertise helps companies
navigate the unique challenges and complexities of operating effectively within regional trading
blocs.
https://www.edc.ca/ Page 6
HORIZON CONSULTANT INC.

CANADA BUSINESS NETWORK (CBN)


The Canada Business Network (CBN) is a valuable resource for Canadian companies seeking
assistance with working effectively within regional trading blocs in the global market. CBN offers
various resources and support to companies operating in both domestic and international
markets.
One way in which CBN can assist Canadian companies is by providing access to a wealth of
information and resources on regional trading blocs. Through their website, CBN offers
comprehensive guides, articles, and publications that cover topics such as market entry
strategies, trade agreements, regulations, and business opportunities within specific blocs. This
information equips companies with the knowledge and understanding necessary to navigate the
intricacies of regional trading blocs effectively.
Moreover, CBN provides guidance and support to Canadian companies in understanding and
complying with trade regulations and requirements within regional trading blocs. They offer
information on import/export regulations, customs procedures, documentation, and compliance
guidelines specific to each bloc. This support helps companies ensure that they meet the
necessary requirements and operate within the legal framework of regional trading blocs.
CBN also assists Canadian companies in accessing funding and financial resources to support their
engagement with regional trading blocs. They provide information on government programs,
grants, and loans available to businesses looking to expand their operations within these blocs.
This guidance helps companies secure the necessary financial support to invest in market
research, trade missions, marketing activities, and other initiatives related to regional trading
blocs.
Furthermore, CBN serves as a platform for networking and collaboration. They facilitate
connections between Canadian companies and industry associations, trade organizations, and
government entities involved in regional trading blocs. Through events, webinars, and networking
opportunities, CBN enables businesses to establish valuable connections, share experiences, and
learn from industry experts and peers operating within these blocs.
CBN also offers personalized support and advice through their Business Information Officers.
These officers are available to answer inquiries, provide guidance, and connect companies with
relevant resources and experts. They can assist businesses in developing market entry strategies,
understanding the regulatory landscape, identifying trade opportunities, and addressing
challenges associated with regional trading blocs.
In summary, the Canada Business Network plays a vital role in assisting Canadian companies in
working effectively with regional trading blocs in the global market. Through their comprehensive
information resources, guidance on trade regulations, access to funding opportunities, networking
platforms, and personalized support, CBN equips businesses with the necessary tools and
knowledge to navigate regional trading blocs successfully.

https://canadabusiness.ca/ Page 7
HORIZON CONSULTANT INC.

ATLANTIC CANADA OPPORTUNITIES AGENCY (ACOA)


The Atlantic Canada Opportunities Agency (ACOA) offers valuable assistance to Canadian
companies in working effectively with regional trading blocs in the global market, with a particular
focus on supporting businesses in Atlantic Canada. ACOA provides various resources and
programs to help companies in both domestic and international markets.
One of the key ways ACOA assists Canadian companies is by providing funding and financial
support. They offer financial assistance through programs such as the Business Development
Program (BDP) and the Atlantic Innovation Fund (AIF). These programs help companies in Atlantic
Canada undertake market research, participate in trade missions and trade shows, and develop
marketing strategies specific to regional trading blocs. The funding provided by ACOA helps
companies cover the costs associated with market entry and expansion into these blocs, enabling
them to be more competitive in the global market.
ACOA also offers advisory services to businesses, providing guidance and expertise on working
effectively with regional trading blocs. They have a team of professionals who can provide
personalized advice on market entry strategies, export development, international partnerships,
and navigating the complexities of regional trading blocs. This advisory support helps companies
make informed decisions and develop effective strategies for engaging with these blocs.
In addition, ACOA facilitates networking and partnership opportunities. They organize trade
missions, business matchmaking events, and industry-focused conferences that bring together
companies from Atlantic Canada with potential partners and buyers within regional trading blocs.
These events create platforms for collaboration, knowledge-sharing, and building connections,
helping companies establish relationships and expand their networks within these blocs.
ACOA also supports companies in accessing market intelligence and research specific to regional
trading blocs. Through partnerships with research institutions and industry associations, ACOA
provides information on market trends, regulatory frameworks, and business opportunities within
these blocs. This market intelligence helps companies gain insights into the dynamics and
requirements of regional trading blocs, enabling them to tailor their strategies and make informed
decisions.
Overall, the Atlantic Canada Opportunities Agency plays a vital role in assisting Canadian
companies with working effectively with regional trading blocs in the global market. Through
funding programs, advisory services, networking opportunities, and market intelligence, ACOA
provides valuable resources and support to businesses in Atlantic Canada, helping them navigate
the complexities of regional trading blocs and seize international business opportunities.

https://www.acoa-apeca.gc.ca/ Page 8
HORIZON CONSULTANT INC.

BUSINESS DEVELOPMENT BANK OF CANADA (BDC)


The Business Development Bank of Canada (BDC) is a valuable resource for Canadian companies
seeking assistance with working effectively within regional trading blocs in the global market. BDC
offers a range of resources and services to support companies in both domestic and international
markets.
One significant way BDC can assist Canadian companies is through its financing solutions. BDC
provides financing options specifically designed to support companies' international expansion
efforts, including those targeting regional trading blocs. These financing solutions can be used to
cover various expenses such as market research, market entry activities, trade missions, and
adapting products or services to meet the requirements of regional trading blocs. By providing
access to capital, BDC helps companies overcome financial barriers and invest in their
engagement with these blocs.
Moreover, BDC offers advisory services to Canadian businesses, providing guidance on market
entry strategies, international trade regulations, and business development within regional trading
blocs. Their team of experts can help companies understand the unique dynamics and
requirements of these blocs, develop effective strategies for market penetration, and navigate
trade barriers and regulations. This advisory support empowers businesses to make informed
decisions and optimize their operations within regional trading blocs.
BDC also provides market intelligence and research resources to assist companies in
understanding the opportunities and challenges within regional trading blocs. They offer industry-
specific insights, market analysis, and trends reports that help companies stay informed about
market dynamics, consumer preferences, and regulatory changes. This information equips
businesses with the knowledge to identify potential opportunities, assess market viability, and
develop strategies that align with the requirements of regional trading blocs.
Furthermore, BDC provides resources and tools to help companies build their export capabilities
and navigate international markets effectively. Their online resources include guides, templates,
and webinars that cover various topics related to international trade, including regional trading
blocs. These resources offer practical advice and best practices to support companies in their
global expansion efforts.
In summary, the Business Development Bank of Canada serves as a valuable partner for Canadian
companies looking to work effectively with regional trading blocs in the global market. Through
financing solutions, advisory services, market intelligence, networking opportunities, and
educational resources, BDC supports businesses in their international expansion efforts, helping
them navigate the complexities of regional trading blocs and seize growth opportunities.
Page 9
https://www.bdc.ca/
HORIZON CONSULTANT INC.

STRATEGIC INNOVATION FUND (SIF)


The Strategic Innovation Fund (SIF) is a program offered by the Canadian government to assist
Canadian companies in working effectively with regional trading blocs in the global market. SIF
provides financial support and resources to promote innovation and competitiveness in various
sectors. Here's how SIF can assist Canadian companies and the resources available for companies
in both domestic and international markets.
One significant way SIF supports Canadian companies is by providing financial assistance for
projects that enhance competitiveness and productivity within regional trading blocs. The fund
supports initiatives aimed at developing and implementing innovative technologies, processes,
and products that enable companies to compete effectively within these blocs. Financial support
from SIF can be used for activities such as research and development, technology adoption,
scaling up production capabilities, and market diversification strategies. This funding helps
companies gain a competitive edge and navigate the challenges of regional trading blocs.
Moreover, SIF offers resources and expertise to help companies identify and seize opportunities
within regional trading blocs. The program provides access to a network of professionals who can
offer guidance on market analysis, business strategy, and international expansion. SIF also
collaborates with industry associations and research institutions to deliver sector-specific
knowledge and insights. These resources empower companies to make informed decisions,
develop innovative solutions, and effectively position themselves within regional trading blocs.
Additionally, SIF fosters collaboration and partnerships among Canadian companies and
international entities within regional trading blocs. Through its collaborative funding streams, SIF
encourages companies to form consortia and engage in collaborative research and development
projects. This facilitates knowledge-sharing, technology transfer, and market access within these
blocs. By fostering partnerships, SIF enhances the competitiveness and global reach of Canadian
companies operating within regional trading blocs.
Furthermore, SIF supports capacity-building initiatives to strengthen the capabilities of Canadian
companies in domestic and international markets. The program offers resources and funding to
support workforce development, skills training, and talent recruitment. These resources help
companies build the necessary expertise and capabilities to effectively engage with regional
trading blocs and adapt to the evolving global market.
In summary, the Strategic Innovation Fund (SIF) is a valuable resource for Canadian companies
seeking to work effectively with regional trading blocs in the global market. Through financial
support, resources, expertise, and collaboration opportunities, SIF assists companies in enhancing
competitiveness, driving innovation, and capitalizing on opportunities within these blocs. The
program plays a vital role in supporting the growth and success of Canadian companies operating
in domestic and international markets within regional trading blocs.

https://www.ic.gc.ca/eic/site/125.nsf/eng/home Page 10
HORIZON CONSULTANT INC.

REFERENCES
atlantique, Agence de promotion économique du Canada, and Atlantic Canada
Opportunities Agency. “Agence de Promotion Économique Du Canada Atlantique.”
Www.acoa-Apeca.gc.ca, 13 Jan. 2022, www.acoa-apeca.gc.ca/. Accessed 27 June
2023.
“Business and Industry - Canada.ca.” Canada.ca, 2014,
www.canada.ca/en/services/business.html.
“Business Development Bank of Canada.” BDC, www.bdc.ca/.
Canada Global Affairs. “CanExport.” GAC, 7 Dec. 2015,
www.tradecommissioner.gc.ca/funding-financement/canexport/index.aspx?
lang=eng.
Canada, Global Affairs Canada / Affaires mondiales. “Trade Commissioner Service -
Splash Page / Service Des Délégués Commerciaux - Page de Garde.”
Www.tradecommissioner.gc.ca, 17 Sept. 2018, www.tradecommissioner.gc.ca/.
“Export Development Canada (EDC).” Www.edc.ca, 2018, www.edc.ca/.
Government of Canada, Innovation. “Strategic Innovation Fund - Home.”
Www.ic.gc.ca, www.ic.gc.ca/eic/site/125.nsf/eng/home.

Page 11
FLOWCHART

WEEK 7

MEETING REGARDING GOVERNMENT


RESOURCES
(KARAN, ROSE ANN, RUPINDER)

2 GOVERNMENT RESOURCES
(KARAN)
2 GOVERNMENT RESOURCES
(RUPINDER)
3 GOVERNMENT RESOURCES
(ROSE ANN)

COMPILED AND DESIGNED


BY ROSE ANN

HORIZON CONSULTANT INC. Page 12

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