Americans buying businesses in Canada - unique issues
September 09, 2024
by a professional from University of Alberta in Calgary, AB, Canada
Business conditions are often similar in Canada and the United States.
There are exceptions for niche regulatory issues and unique geography.
But areas that differ between Canada and the US - and therefore require extra attention by Americans buying businesses in Canada are:
1. Tax
2. Employment & Non-Competes
3. Work permits
4. Investment Canada Act (approval & notification)