Business Start-Up Realities Canada vs. USA

Special affinity exists between Canada and the United States of America. Our close proximity, shared values, mutual interests, tight personal relationships, and significant economic ties define Canada's and the United States's collaboration. Our two nations have a robust and long-standing defense and national security cooperation that enhances their security more successfully than if they operated separately. The millions of jobs Canada and the United States support depend on trade and investment between them as well as the simple flow of products and people across the border, which is essential for both countries' economic competitiveness and growth. While benefiting all three nations significantly economically, the Canada-United States-Mexico Agreement (CUSMA)Footnote 1 enhances Canada's commercial connections with the United States and Mexico.

Cooperation across the line ongest international border in the world, Canada's land border with the United States stretches around 9,000 kilometers.

With consulates in Atlanta, Boston, Chicago, Dallas, Denver, Detroit, Los Angeles, Miami, Minneapolis, New York, San Francisco, and Seattle in addition to an embassy in Washington, D.C., Canada is rather visible in the United States. In addition, Canada works with fourteen Honorary Consuls and has three commercial offices. The United States has consulates general around Canada and an embassy in Ottawa. Roadmaps, pledges of allegiance, and leaders' speeches Prime Minister Trudeau greeted U.S. President Joe Biden to Canada for his first in-person visit following his inauguration in March 2023. Expanding on the promises made in the Roadmap for a Renewed Canada-US Partnership in 2021, the two leaders published a Joint Statement The statement gives accelerating the switch to clean energy top priority, strengthening critical minerals and semiconductor supply chains in North America, safeguarding shared waters and the Arctic, supporting diversity and inclusion, and bolstering global alliances to offset challenges to the international order. More than a hundred Leader-level pledges abound to outline a plan for building the new green economy. This entails initiatives to enhance cooperation between Canada and the United States on a range of shared interests and goals as well as the creation of an Energy Transformation Task Force under the direction of the Deputy Prime Minister.

The United States has thirteen states; Canada has seven provinces; and one territory on the border.

Almost two-thirds of Canadians, the great majority, live within one hundred kilometers of the border. Together, our two countries guarantee the security and integrity of our common border. Critical to both Canada's and the United States' economic development and well-being, officials from both nations closely cooperate to preserve the simple and safe flow of goods and people across the border. Although an estimated 800,000 Canadians dwell in the United States, every day some 400,000 individuals cross the Canada-United States border. Cross-border communities and customs abound among many Indigenous people in Canada and Native American tribes in the United States. Cooperation in Defense and Security Strong defense alliance and cooperation between Canada and the United States still exist. We work together to solve world problems and maintain our shared values on a worldwide scene. Working closely together, our defense and national security agencies enhance continental defense and simultaneously uphold world peace and security. Our bilateral defense and national security alliance spans a broad spectrum of cooperation, from continental defense to collective purposes through many partnerships to information sharing to defense material cooperation and close ties with law enforcement agencies. Recently, Canada and the United States agreed to speed NORAD's modernization. To address a range of security issues both of which Canada and the United States confront, the two nations are working closely.

This covers expenditure in the Canadian Armed Forces and NORAD, therefore supporting continental military projects.

Cooperation also exists to address problems including cross-border smuggling, armed violence, child sex exploitation, and extreme nationalism. Additionally emphasizing cybersecurity collaboration to safeguard important infrastructure are both nations. Globally security is a strong point of cooperation between Canada and the United States. Through NATO, they work closely in Europe and assist the security forces of Ukraine. Together, they also participate as members of the Global Coalition to fight Daesh in the Middle East. Maintaining a strong marine presence as well, Canada and the United States assure compliance with sanctions in the Indo-Pacific area and aggressively fight illegal commerce in the Caribbean Sea and Eastern Pacific Ocean. Strong and mutually beneficial trade between Canada and the United States serves to generate many jobs in both countries. With $3.6 billion in goods and services crossing the border daily by 2023, our trading relationship is really large. Many of these products call for teamwork and development among us, hence our networks are quite entwined. Additionally heavily invested in both Canada and the United States are partnerships between them. With the latter being the biggest investor in Canada and the former the main source of foreign direct investment (FDI) in the latter as of the end of 2022, Canada and the United States have a strong investing connection. Moreover, Canada imports US energy the most of all. A number of free trade agreements have transformed Canadian-American trade during the past few decades. Effective in July 2020, the most current agreement is the Canada-United States-Mexico agreement (CUSMA). Built on strong, efficient supply chains spanning all main sectors of the economy, CUSMA enhances our solid, well-rounded commercial relationship with the United States and Mexico.