With a draft agreement in place for the Comprehensive Economic Trade Agreement (CETA) between Canada and the European Union, Canadian businesses (big and small) may soon be able to access the largest single market in the world. Currently, more than 850 companies in Nova Scotia are exporting products and services globally. Nova Scotia businesses are already developing a solid reputation for producing high-quality products and services.
Closer to home, the Council of Atlantic Premiers is working to reduce barriers to trade within our region. In January of 2015, the Council of Atlantic Premiers announced a new partnership within Atlantic Canada called the Red Tape Reduction Partnership. The goal of the Partnership is to help create a more competitive economic environment, to streamline business regulations across the region and to help increase job creation and economic growth with the ultimate goal of facilitating trade within Atlantic Canada.
The conditions for small businesses who want to explore trade options are better than they have ever been.
As a business owner in Nova Scotia you may want to consider exporting if you are interested in:
- Increasing revenues;
- Developing a larger client base;
- Identifying buyers, distributors and partners in other markets.
Guidance and support is available. For example, Nova Scotia Business Inc.’s Regional Business Development Advisors are skilled at connecting small businesses in Nova Scotia with the information and programs that suit individual business needs. Check out the Small Business Development Program for more information.