A european incentives update

Article Abstract:

European Union nations each have their own incentives program to attract economic development and Eastern European nations that had been opposed to offering incentives are now beginning to do so. Among the main forms of financial incentives offered in Europe are project or capital grants; local incentives; land and building; labor costs; training and education; research and development; special tax zones; and corporate tax incentives.

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Europe's best rev up investments

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Several European countries have become hot spots for growth as companies expand in the region, including Germany, France, the UK, and Ireland. The auto industry finds strong support in having many suppliers in these countries. Spain is gaining ground as an investment center, and the Netherlands is moving into e-commerce.

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Canada's business climate beckons investors

Article Abstract:

Among the advantages Canada offers to direct foreign investors are a skilled workforce; low production and research and development costs; and a high living standard, according to Prime Minister Jean Cretien. A recently-adopted tax cut will further enhance Canada's image for direct foreign investment.

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