Canadian Businesses: Diaspora Nation

Diaspora Nation: Today, Canada attracts more immigrants from Asia and Latin America than from Europe. But only China and India are among our top 10 trading partners, according to The Star. This is a large and growing problem because diaspora networks are becoming more and more important to global economic growth. As that we are releasing today a new study called Diaspora Nation that we are releasing today finds, Canadian businesses that discover how to tap into emerging markets such as Brazil, China, India and the Philippines will thrive in coming decades. If Canadian businesses fail to mobilize immigrant talent and expertise, Canada will miss one of the enormous global economic developments now underway and Canadas population grows more diverse every year. Oddly, our trading and export patterns have not diversified to the same extent. We remain woefully dependent on trading with the United States. One reason is that we re not doing a good enough job integrating immigrants economically. The diversity of our people is one of Canadas strengths but we re not capitalizing on this comparative advantage. (www.immigrantscanada.com). As reported in the news.