Surrey: De-Risk Your North American Expansion
If you're contemplating a future expansion, Surrey in British Columbia, Canada may be the perfect springboard into North America and the Indo-Pacific region (IPR).
Canada is globally renowned for its political and economic stability, offering 15 free trade agreements with 51 countries, competitive tax rates, favorable immigration policies and incentives for capital asset acquisitions and hefty innovation projects. These features make Canada a hotbed for many ambitious companies.?
Among its many buzzing cities, Surrey in British Columbia stands tall as the ideal location for business expansion, to both North American and the Indo-Pacific region (IPR). Positioned gracefully on Canada's Pacific West Coast, Surrey is adorned with contemporary infrastructure, strong supply chains, esteemed universities, and an emerging high-tech ecosystem spanning across multiple sectors.?
Surrey is truly a gem. It offers the largest supply of industrial land in our region, competitive business tax rates, and affordable land costs. Moreover, the city’s power grid is 98% renewable, with some of the most competitive energy rates in North America. For energy hungry industries, Surrey offers a key competitive advantage.
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That's why many of the world’s most successful companies make Surrey their home-away-from-home.?
Notable entities like Amazon, McKesson, Skechers, and Walmart have made significant investments in Surrey in recent years. In fact, in 2022, Walmart chose Surrey to set up their most technologically advanced facility in Canada, which will serve as the future hub for their electric fleet. This investment allowed Walmart to sever dependence on long-haul trucking from distribution hubs in Alberta and can now support 45 Walmart Stores from this hub.
Considering your next expansion? We’re here to help. Whether you're a feisty startup or a significant multinational corporation, our team at Invest Surrey is here to help. Surrey is your key to success in North America and the Indo-Pacific region. This is just an excerpt. To get the full story and other insights, check out our website.