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Foreign Direct Investment plays an important role in the Canadian economy,bringing considerable benefits in various fields and boosting the economic development.This can be observed in three perspectives.Firstly,FDI is closely linked to the contribution of productivity investment in terms of machinery and equipment.It has also beefed up the integration of international trades,thereby creating a more competitive business environment and enhancing the development of domestic companies.And with the performance of higher growth and better productivity,the standard of living in Canada is sustained and improved.Secondly,FDI assists in human resources and formation by enhancing knowledge in several ways; this will in turn stimulate innovations resulting in the expansion of product range and improvement of quality,as well as the reduction of manufacturing costs.Then the sharing of new technologies and commodities with host countries will be accelerated.Finally,FDI can create a lot of jobs with higher remunerations and better working environment.
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