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Trade
Don't pay a cent! Lowest prices! Instant rebates! Scratch and save! Buy
one, get one free! Enter the portal of the new economy! Every day, Canadian
consumers are bombarded by Internet ad banners, television commercials,
radio jingles, direct mail and newspaper flyers promoting everything from
luxury automobiles to baby shampoo.
The sheer choice of products in our stores and warehouses is a sign of
prosperous times and a burgeoning domestic demand for goods. In fact,
Canada
is often the first destination of global retail chains seeking new markets
across the oceans and borders. A 1999 study indicated that 60% of foreign-controlled
retailers operating in Canada
chose Canada
as their company's first international venture. Canada's
retail trade industry contributed $55 billion, or 5.6%, to Canada's
GDP in 2002. The wholesale trade industry accounted for $58 billion,
or 6%.
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