Canada
- Summary:
Due to Canada's proximity to the United States, its population is very familiar with making cross-border purchases. In fact, Canada outranks both its neighbours to the south for cross-border purchases per capita in North America. While Canadians eagerly embrace international brands, there are multiple regulatory considerations to factor before expanding into the market. Foreign Merchants must manage and meet compliance with requirements such as sales tax regulations and the nation's official language act, which requires mandatory packaging information to be shown in both French and English.
- Preferred Languages:
- French, English
- Currency:
- Canadian Dollar - CAD
Country Facts
Population
Economy
Shopper Profiles
Rural vs Urban Living
The percentage of the population living in rural versus urban areas.
Demographic by Sex
Measure of how the population is split between female and male persons.
Internet Access
The percentage of the population that has access to the internet.
Buys Online
The percentage of the population that has made an online purchase since 2021.
Consumer Values & Behaviour
Where Consumers Place Value
Cross-border shoppers in Canada value these types of perks and service attributes.
Key Consumer Goods
These are the most popular products that consumers in Canada purchase cross-border.
Preferred Payment Methods
Shoppers in every country have preferred payment methods which, when offered, make them much more likely to complete a transaction successfully. Our research shows that shoppers in Canada prefer the following methods: Debit Card, Credit Card, BNPL, and Mobile Wallet.
Klarna
Klarna is the largest provider of Pay Later services in the world. Klarna offers flexible payment options that give customers more freedom to choose when and how to pay for a purchase. Klarna provides payment solutions for 90 million consumers and 250+ thousand retailers across 19 core markets.
Installment Payments
Union Pay
UnionPay, also known as CUP or PUI, is a card-based payment service founded in mainland China, but now available internationally. Within China, it is the most popular payment method.
Online Banking, Installment Payments
TreviPay
TreviPay offers payment methods for B2B buyers and sellers, offering net-terms for delayed payments.
Net Terms
Bank Transfer
Wire transfer, bank transfer, or credit transfer is a method of electronic funds transfer from one bank account to another bank account or through a transfer of cash at a cash office.
Online Banking
WebMoney
WebMoney utilizes transfers as a global settlement system for ecommerce. Users keep funds in a digital wallet that can be used for a variety of payments around the world.
Digital Wallet
Visa
Visa is the leading card network worldwide, boasting the largest transaction volume of any card scheme.
Credit Card
Mastercard
Mastercard is one of the leading credit card networks in the world.
Credit Card
American Express
American Express, also known as AMEX, is a top card network and offered in more than 130 countries.
Credit Card
PayPal
PayPal is a leading digital wallet and is available worldwide. It boasts multiple payment options within the platform and strong security.
Digital Wallet
JCB
JCB is a major credit card issuer and acquirer founded in Japan that is now available in 24 countries and accepted globally.
Credit Card
Apple Pay
Apple Pay is a payment method that utilizes the built-in biometric verification measures of enabled Apple devices to allow users to checkout with the click of one button. It allows users to save multiple payment methods including bank-issued debit and credit cards.
Digital WalletReady to expand? Reach can help.
Reach understands global consumers and how changes in their shopping experience affect your business.
Our experienced legal, financial, compliance and local-market experts provide in-depth global analytics for your business, as well as duty and tax calculations so that you can expand your business to new markets with certainty and ease.
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