RD has a great potential for Canada

Dominican Republic has a high potential for investment and to date, taking into account the entry of Canadian capital are registered investment of US$ 5,000 million dollars since 1993, said Ambassador under-secretaries Kuiack.

Canada is one of the most stable economies in the world. According to the Canadian Ambassador to the country his nation has five strengths: low rates of interest, low inflation, economic growth, increase of jobs and security.

Canada interest rate is about 2% and the Bank is 1%. Mortgage loans do not exceed 2.5% and 3%. There was no banking rescue during the global economic crisis in Canada and more and have greater ability to supply of jobs. The per capita income is US$ 47,000 dollars Canadian, it revealed.

What is the position "N world of the Canadian economy"?
Canada is the strongest of all the economies of the G7 group. For this reason u000aWe talk about low interest rates of GDP growth, recovery of works, of the strengths of our banks. We didn't rescue of banks during the global crisis. But earlier it wasn't always like that, we had a crisis in the economy in 1994, with many debts, and we started a program that gave us this fortress in the world.

Does "EN QUÉ CONSISTI" that program?
Had to cut services, our debt, the size of the Government (the Government workers, and prioritize services). Health is paramount and also education and research. Canada is the country with better rates of tax on new businesses and also for research. For example, the Blackberry company benefited much of help from the Government, to be the best company in the world in telecommunications.

Do aid means tax exemptions?
Yes. There is much help in the payment of taxes and tax "holiday", but u000athose who are using their profits in research are also exempt from payment on that amount.

How does it benefit A level staff?
We have very low inflation, low interest and there is much work. Also companies have plenty of capital, very effective, they are using to buy machinery and technologies to improve their systems. We have a health and education system guaranteed to all citizens. We are a source, there are many people who go to Canada to be studied, including Dominicans, who we have given seven leadership Fellowship, for one year. It is a good way of Exchange, because we started with one and there are seven. I hope that next year will be 50.

Do these programs are with universities?
Yes. We have programs of studies in English and French. people like study in Canada. We have a program where students can stay to work a year later. u000aIt is a program of the Government of Canada and universities. The that you want, young people, who want to can do it, we have an agreement with Dominican Republic, and can enhance your experience and learn from other country.

Is it true that Canada is requiring workers?
Is true. We have a need for workers, there are provinces such as the Alberta need more people, which is an oil, and as you know we sell oil in the world. We are a country really hard, we export commodities (oil, gold, food), we have markets around the world, we are an exporting country. And thanks to exports the Canadian dollar is really hard, he has climbed with the price of gold, fuel, oil, but also thanks to our infrastructure and our investment. We know that we will have more old people in 25 years. There are many young people and the growth of the family is very large.

What is the? u000aPARITY with D "did LAR American?"
Are almost igualitos. time in when we are a bit forward and occasionally a little behind.

As everyone want to attract more able people and have a program, here at RD have a Consulate in which people can bring their passports without having to send it to another country, as before, and thanks to that, we have seen a growth of almost double Dominicans visiting Canada, and faster processing of permanent residence. Why we have seen more Dominicans they go to work and live in Canada.

Do VISAS granted recently are in work or tourists?
By tourists, visitors. temporary resident. Many people who goes to New York wants to go to Canada. There is protection for those who have no work, social programs that apply to these persons.

Agreement labour
every year Canada is receiving more Dominican students through various u000aprogrammes of scholarships with the country's universities, agencies, private, and summer camps, said Yamile Adames.

Ambassador Kuiack innovative defines the working arrangement concluded between Canada and RD, rather to give security to the employees of both sides and ensure the rights of Canadian companies. It is also in the phase of an agreement of free trade and the environment. Companies invest in this country more than all the other combined in 2011; Canadian investment is higher. It was almost US$ 500 million, but since 1993 is almost $5,000 million, and we are now as number two in the country, "and that is a sign of confidence in the economy of RD", said. We have the new Scotia Bank, Blackberry, and others. The Canadian export development Bank gave priority to RD in Latin America and invested more than US$ 1,000 million here.

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