Focus Your BC Business Plan or Ontario Business Plan on One of These Key Industry Sectors

1. Focus Your BC Business Plan or Ontario Business Plan on One of These Key Industry Sectors Although Canada is one united, cohesive country, each province has its own unique attributes. This includes what sectors or industries that the local government chooses to focus on and develop. This focus applies to any existing or potential business, including immigrant investments and businesses. Two of the most economically prominent provinces in Canada are British Columbia (BC) and Ontario. If you are considering crafting a BC Business Plan or Ontario Business Plan, consider one of the industries below. These provinces have several priority sectors that differ but, many of them overlap. Some of the ones that overlap include: Agrifoods Food production is never not in demand. Agrifoods, defined by Google as “relating to the commercial production of food by farming”, is - and always will be - a necessary sector. There are many advantages to not only being able to be in control of your region’s own food production but also in

2. exporting. These reasons and more are why agrifoods is a great place to focus your efforts for your Ontario business plan or BC business plan. Forestry Despite the climate in Canada, many people are surprised to learn that they have thriving forests. The world still relies on paper products and to create those products, forestry is required. Both BC and Ontario focus on this industry and want to further capitalize on the sector. That is why a BC Business Plan or Ontario business plan in forestry is likely to be well received despite your status – natural-born citizen, permanent resident, or potential immigrant. Tourism Despite a decline in international tourism due to pandemic-fueled border closures and travel restrictions, this industry will recover and is still appealing to national residents. This sector is likely to take a temporary hit in the wake of recent times but, it will rebound. If you plan to have a BC business plan or Ontario business plan in this area, make sure you are focusing on the long-term as things are likely to be unstable in the immediate future. Transportation As the world’s population continues to grow and tourism returns, transportation continues to be an important aspect for any thriving province. It is no surprise that both British Columbia and Ontario focus on it. The opportunities in transportation are nearly endless. Not only must there be transportation drivers, dispatchers and controllers, the infrastructure for transportation is a huge component. The roads, rails, airports, and machines themselves all need to be continuously maintained, developed, and improved in line with developing technologies. A BC business plan or Ontario business plan in this space might get you far – no pun intended.

3. This is only a sampling of the top industries that overlap between these two provinces. If you are looking to create or setup a business in Canada, take a moment to consider the needs of the province in which you wish to live and/or setup business. It doesn’t matter of you are a native-born citizen or looking to immigrate into the country. There are programs in place to help further your BC business plan or Ontario Business Plan if you are attempting to further a priority sector of your given province.