Canadian Companies Lag Foreign Rivals In Asia

Last update: 04/09/2012

TORONTO, Sept 4 (Bernama) -- A report commissioned by the Canadian Council of Chief Executives says too many Canadian companies lag their foreign rivals in making inroads into rapidly-growing Asia.

It points out that only half of Canada's largest companies have operations in China, while all of the top American companies do.

"Many Asian business leaders see Canada only as a link to the giant US market, and our country has less brand visibility than smaller countries such as Switzerland or the Netherlands," said the report, released on Aug 30.....