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Stewart McKelveyDoing Business in Atlantic CanadaCONTENTSCHAPTER 1 – INTRODUCTION .................................................................................................................. 1Basic Facts: Canada 1Basic Facts: New Brunswick 2Basic Facts: Prince Edward Island 3Basic Facts: Nova Scotia 4Basic Facts: Newfoundland and Labrador 5The Canadian Political and Judicial Systems 6Why Do Business in Atlantic Canada? 7Business Costs......................................................................................................................... 7Workforce ................................................................................................................................. 8Location.................................................................................................................................... 8Infrastructure ............................................................................................................................ 8Energy/Utilities ......................................................................................................................... 8Quality of Life ........................................................................................................................... 8Incentives ................................................................................................................................. 9CHAPTER 2 - FORMS OF BUSINESS ORGANIZATIONS....................................................................... 10Companies 10Overview of Incorporation ...................................................................................................... 10Federal or Provincial Incorporation ........................................................................................ 10Provincial Incorporation.......................................................................................................... 11Nova Scotia Unlimited Companies......................................................................................... 12Extra-Provincial Incorporations .............................................................................................. 13Other Business Structures 13Sole Proprietorship................................................................................................................. 13Partnership ............................................................................................................................. 14Limited Partnership ................................................................................................................ 14Joint Venture .......................................................................................................................... 15Co-operative Associations ..................................................................................................... 15CHAPTER 3 - REGULATION OF FOREIGN INVESTMENT..................................................................... 16The Investment Review Process 16Other Restrictions on Foreign Ownership 17CHAPTER 4 – IMMIGRATION LAW.......................................................................................................... 19Temporary Work in Canada 19Permanent Entry into Canada 19Business Class....................................................................................................................... 20Skilled Worker Class .............................................................................................................. 20Family Class........................................................................................................................... 20Provincial Nomination............................................................................................................. 21Other Considerations 21CHAPTER 5 – TRADE LAW ...................................................................................................................... 22International Trade 22NAFTA.................................................................................................................................... 22Other Free Trade Agreements ............................................................................................... 22Importing Goods..................................................................................................................... 23Import and Export Controls .................................................................................................... 23Trade Remedies..................................................................................................................... 24International Investment Dispute Resolution ......................................................................... 24Exchange Controls................................................................................................................. 25Provincial Laws ...................................................................................................................... 25Domestic Trade 25Competition Law..................................................................................................................... 25Product Standards and Codes ............................................................................................... 27Page i