Question

What government policy does Canada?  Governments often introduce policies and programs to promote the growth of certain industries. Favorable government policies (such as subsidies and tax rebates) attract multinational and domestic companies.

Answer 1

Foreign Investment Promotion and Protection Agreement (FIPA)-  A Foreign Investment Promotion and Protection Agreement (FIPA) is a joint bilateral agreement that aims to protect and encourage foreign investment by means of legally binding rights and obligations. FIPAs have essential frameworks that help open and stable international markets for Canadian investors.

Organisation for Economic Cooperation & Development (OECD)- The Organization for Economic Cooperation and Development (OECD) has a mandate to promote international investment cooperation between its members. This is done by developing and monitoring rules for promoting international cooperation and by consulting with representatives of non-member economies, business, labor and other groups. It also undertakes analytical work on trends and policies related to investment.

Asia Pacific Economic Cooperation (APEC)- The activities of the committees and working groups of Asia Pacific Economic Cooperation are aimed at promoting regional economic growth and cooperation and creating an Asia-Pacific culture. APEC groups are working towards liberalizing trade and investment, reducing and removing formal trade barriers such as tariffs and foreign investment restrictions.

United Nations Commission on Trade & Development (UNCTAD) -- On investment, the mandate of the United Nations Trade and Development Commission (UNCTAD) is to foster understanding on investment, business development, and technological capacity building issues, and to assist governments in formulating and implementing policies, strategies, and programs in these areas.