Strategic Ties Between Canada and Many South American Countries
March 25th, 2008
Templeton Financial Group expands its advisory service into South America in order to help create new dynamic opportunities in Canada for businesses and entrepreneurs in that region.
Templeton Financial Group announces that it will expand its strategic business advisory services to entrepreneurs and business in the South American region.
The company’s focus will be on helping businesses and entrepreneurs within this region to establish new markets within Canada for their products and services through reverse mergers, acquisitions, joint venture partnerships and exports.
“There is a tremendous amount of opportunity for businesses and entrepreneurs in this region to diversify their revenue streams, and create dynamic income opportunities, develop strategic partnerships’ and alliances by expanding into Canada.” –Jefferson Mesidor– President of Templeton Financial Group.
With a population of over thirty-three million people, Canada mirrors the United States in its affluent living standard and is a great prospect for businesses or entrepreneurs looking for market penetration in North America.
Canada will also benefit as well. Considering that the aging boom in the United States will represent a decrease in demand for Canadian consumer goods, combined with the fact that the United States absorbs almost 80% of Canadian exports its imperative that Canada begins to diversify it’s trading partners.
As a result, Templeton Financial Group’s business advisory services will also be geared to help Canadian businesses and entrepreneurs develop new market shares in South American countries such as Brazil.
Countries such as Brazil with a population of almost 200 million people, with a vast majority of the population being in the younger age groups, represent the consumer groups with the purchasing power of tomorrow, as they will be the ones with families and have the need for daily consumer goods such as home furnishings, etc.
According to Brazil’s Ministry of Development, Industry & Commerce, in 2005, Brazil’s total exports more than doubled to US$118 billion from $58 billion for 2001.
Over that same period, imports into South America’s largest country grew some 30% to $74 billion from $56 billion. Its top ten trading partners didn’t include Canada.
“In the long run, we believe that our efforts to create these strategic bridges between Canada and many of the South American countries will benefit all parties that are involved, and to help make a difference for generations to come.” -Jefferson Mesidor — President.
The company will establish its South American executive offices in Montevideo, Uruguay, later this year and expand into other strategic locations such as Sao Paulo, Brazil in early 2009.
Entry Filed under: FINWIRE®





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