Canada Economic Factor

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The high import duties of around 117 percent in Canada are essentially high as compared to other nations which would limit the opportunities for Trader Joe’s. However, that would be good for the regional grocery industries of Canada such as farm boy. Some nearby markets in Canada, for example, the Asian and African stores who have now imbibed the Canadian framework in their business strategies and know how to get through the political regulations imposed on food produce which would likewise force a risk and high rivalry to Trader Joe’s.

Health Canada – Retail council Of Canada Guidance Document makes and prompts review about sustenance marking and taking care of in Canada which is on traded off. Trader Joe’s may need to begin naming some of their food items and this might be an immense change to their hierarchical culture.

Some other conventional stores in Canada, for example, Food basics, No-frills and Wal-Mart wmore you win the more your expense is, Trader Joe’s would need to consider that element since there may be no such alternate duty in United States.

Also, taking a glance at the Work Place Hazardous Material Information System (WHMIS) in Canada would determine the strategies and directions in which the Canadian government have settled on any item coming into the nation or created in the nation. It likewise states how laborers wellbeing and protection can be made. Trader Joe’s would need to investigate those arrangements to check whether they can get together to the standard and ensure protection strategy is made properly to cover representatives working for them and know the sort of items to bring into the nation.

Economic Factor

Economic System

Canada is the 10th largest economy in the world and has a big market for food processing sector which comprises