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Starting a business in Canada can be an exciting venture for newcomers. With a supportive ecosystem and resources, entrepreneurs can thrive in this new environment.
Create a robust business plan that outlines your goals, target market, and funding needs. The Business Development Bank of Canada (BDC) offers free planning tools.
Register your business name and apply for necessary licenses. Learn about incorporation and taxation through Canada Revenue Agency (CRA).
Look into newcomer-friendly loans offered by organizations like Futurpreneur Canada or programs like Start-Up Visa.
Join local business associations like the Canadian Immigrant Business Network or attend networking events hosted by your local Chamber of Commerce.