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PANAEXPO April 24 - 26, 2009

Why Now



With 10 provinces, 3 territories and 6 time zones, Canada is the second largest country, eighth largest economy and one of the most multicultural countries of the World!

Toronto is the 5th largest city in North America, Canada's Business Capital. Over 5 million people live in the Greater Toronto Area and over 50% of them are immigrants, making Toronto the most multicultural city and a Business Gateway to the World. This incredibly diversified immigrant community of Toronto maintains vital ties and connects with the rest of the Global economy, creating unmatched international business opportunities. Any business exhibiting product and service here at Panama Festival & Expo in Toronto, has potential to reach people from more than 200 different ethnic and cultural groups. Toronto gives exhibitors the key to powerful international exposure and opens more doors for business.


October, 2008 - Foreign Affairs and International Trade Canada announced successful first round of negotiations toward a Free Trade Agreement with Panama. According to this Canadian Government agency, Canadian companies have demonstrated an elevated interest in Panama as an investment destination. Canadian trade with Panama increased 44 % between 2005 and 2007. Canadian investors are looking for opportunities, particularly in the areas of infrastructure and construction.

June, 2008 - Canada and Panama announced the new Air Transport Agreement between two countries marking another step forward in growing economic relationship, business and tourism. Air carriers of both countries are currently reviewing their plans for operating scheduled air services between Canada and Panama.

Canadians interest in Panama for investment, real estate, business and travel continues to grow and new business opportunities are being created with the upcoming direct travel and Free Trade Agreement between the two countries. PanaExpo 2009 is a perfect opportunity for interested Panamanians to promote their products and services in Canada.

Canadians are ready to come to Panama

Research shows, that Canadians very actively travel and migrate around the world. A study by Kenny Zhang (a senior researcher at the Centre of Excellence on Immigration Studies at Simon Fraser University in British Columbia, and a former associate research professor at the Shanghai Academy of Social Sciences), indicated that as many as 2.7 million of Canadians, or 9% of the total population of Canada lived abroad by the end of 2001. Today, these numbers are believed to be well in excess of 3 million, reaching more than 10% of Canada's population living permanently in other countries and rising.

Canadians are active travelers

Canada is ranked the forth country in the World by the percentage of its citizens living abroad, ahead of the United States, China, India and Australia. By comparison, only 2.5% of the population of the United States or 7 million US Americans live abroad.

Canadians are active buyers of Real Estate in Central America

Canadians are already buying properties in Mexico and Central America. HiFX, one of the largest providers of foreign exchange services, surveyed more than 100 agents in Mexico, Nicaragua and Costa Rica, and found that nearly 30% of all real estate clients in these regions are Canadian. More specifically, Canadian real estate buyers represent over 32% of all the buyers in Mexico, 27% of all the buyers in Nicaragua, and 26% of all the buyers in Costa Rica.


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