Canada & Business Culture
Canadian meeting style values facts and this listening habit (plus, don’t interrupt)
Active listening
This independent institution sets interest rates to control inflation.
Bank of Canada
Canada’s top trading partner by far is this country
The United States
He co-founded Research In Motion (RIM), now BlackBerry Limited.
Mike Lazardis
What is Canada’s government approach to business is described this way, reflecting its regulatory style.
Meetings are expected to start on time and follow this simple planning tool
Agenda
Canada targets approximately this inflation rate over time.
2%
Canada, the U.S., and Mexico trade under this agreement
USCMA, CUSMA, or T-MEC
This Canadian entrepreneur built SoftKey, later The Learning Company, and appears on Shark Tank U.S.A.
Kevin O'Leary
Name one common approval areas companies must navigate
Health, labor, environment, competition
After this social signal, Canadians often switch to first names
After being invited to a business dinner, there's more trust in between the people
What is Canada's top in the global economy?
Top 9th economy
Name one key Canadian export products listed in your slides
This iconic device, credited to RIM, made the company famous with professionals.
Blackberry
Public buyers commonly use these formal procurement processes that can add time to deals.
RFQ and RFQ's
Name one common small-talk topic and one that’s usually avoided.
Roughly this share of Canada’s economy comes from service-led industries.
70% of Canada's GDP comes from service led industries
Two-way goods trade with this partner was about $56B in 2024, ranking roughly #4.
Mexico
At its peak, BlackBerry controlled roughly this share of the U.S. smartphone market and this share worldwide.
About 50% in the U.S. and 20% worldwide
Taxes are described as transparent because businesses account for this layered system
What is the federal + provincial structure (GST/HST and corporate income tax
These functions inside big companies can stop or delay a deal if rules aren’t met.
Procurement, Legal, and Security
Name one current macro indicators shown: any two of GDP (nominal), inflation, or unemployment.
7.1% Unemployment rate in Canada 2025
Inflation hit 1.9% in August of 2025
Name one other major partners beyond the U.S. noted on the slide.
U.K., European Union, China
The video argues BlackBerry’s decline stemmed from missing this industry shift? What was that industry?
eyond laws and taxes, one type of public support mentioned helps priority sectors. Name it.