Starting a transport business in Canada is easy and you may start with CD$ 50K even but is advised to start with CD$150K. NOw comes the most crucial part. If you hire drivers for your fleet then you have to pay according to pay chart/system of canada and after meeting all expenses, tax parts a little is left as profits initially cpl of years. MY friend is settled in Toronto since 2000 and is running a transport business. I talked with him recently and now he is planning to move to USA for better returns. His words cleared my doubts about transport business in Canada and results in low returns (Approx. 8%--10% only)
I am also planning to migrate to canada and wish to acquire a running business with good expanssion/growth potential and making a group of like minded ppl to form a consortium which will enable us to explore together and acquire a business of big/large scale together.
I invite you to join/share your whatsapp/calling numbers. Lets share our knowledge, information and update each other about latest developments.
