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New Opportunity for Indian Companies to Invest in Canada 2016-17
1. Better Opportunity for Indian Companies to Invest in Canada 2016-17
The decrease in crude oil prices and reduction in investment into the energy
sector in Canada comes as a perfect time for many of the Indian companies to
make an investment.
Canada is also keen in welcoming more Indian students interested in seeking
higher education as the working population in Canada is nearing their
retirement stage and the country needs to enter new force in the job market.
So, India can expect cooperation from the Canada in the education sector as
well. Moreover, focusing on the hydrocarbon sector, the private and public
sector companies in India have huge opportunities as the energy prices are
also extremely low in Canada. Looking at all the huge opportunities available
to private and public sector companies, it’s the right time for Indian
companies to make the investment into the Canadian oil sector. Once our
Prime Minister Narendra Modi has said that Canada has agreed for a long
term supply of uranium to India inorder to promote the Canada-India ties
and so Indian companies should grab the opportunities.
2. Mr. Modi also said that Canada has the capacity to attract more number of
Indian students and are eager to welcome more students and want them to
stay back even after the completion of their programs because Canada is one
such country with reducing working population. The one with high education
and industrial experience are among the largest immigrant in Canada.
CIF Chief Someshwar said that in order to attract more Indian students as well
as investors the Canadian government has ensured to ease the visa
processing. Ultimately, the investors along with the family reside in Canada
whereas for Indian students, Canadian government allows them to stay back
in Canada for limited period of time to get a job offer and issue a work permit.
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