Trade minister says government can lend small businesses a hand

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Peter Van Loan, the international trade minister in Canada, recently touted the importance that the government could have in the overall success of businesses in the country.

During a recent interview with the Globe and Mail, Van Loan said that the government was doing everything in its power to help small businesses by opening up trade negotiations with nations such as India. He said that much effort had been made to allow entrepreneurs to find business partners on a global scale.

"The investment of time and resources to have someone spend six months or a year traipsing in a foreign marketplace looking for the right partners and the right trading opportunities may be just too big to bite off," he said in an interview with the news source. "A larger business has a greater ability to absorb that kind of cost. In Canada, 98 percent of our businesses are small and medium sized. And that of course is where a lot of our most innovative and entrepreneurial elements are found."

Minister Van Loan made other headlines recently when he touted the importance of trade with the U.S. Dow Jones reports that Van Loan said that Canada had a "strong interest in a smooth flowing border with the United States." 




 

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