Enterprise Ireland announces increase in trade from Ireland to Canada
Ireland Inc. is proud to report an increase of 22% in trade from Ireland to Canada for 2010. The underlying story behind the figure is naturally complex but highlights the positive nature of the Canadian market for Irish based companies. The strength of the Canadian economy in the face of a global downturn, the ease of doing business and the matching of the Irish supply base to demand are contributing factors.
Enterprise Ireland works with indigenous Irish companies that are exploring and seeking opportunities in the Canadian market. These companies come from a range of sectors such as software, life sciences and machinery equipment. Some of the success stories to date include Curam Software, who provide Social Enterprise Management software to Canadian authorities, Advanced Innovations who supply mobile handsets to Public Mobile and Multi Hog providing sweeping machinery across Canada.
ICBA welcomes commitment to 12.5% corporation tax rate in National Recovery Plan 2011-2014
Ireland’s low corporation tax rate has been one of the most important factors in Ireland’s successful track record in attracting foreign direct investment from Canada and elsewhere. Recent surveys convey the encouraging fact that a substantial number of the multinationals operating in Ireland predict an increase in revenues in 2011 and the importance of retaining and enhancing Ireland’s attractiveness as key location for foreign direct investment cannot be overstated.
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