Translations:Die Region Amerika/9/en

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A sales company was established in Canada in 2005 as a subsidiary of the U.S. BSH Home Appliances Corporation.[1] This was enabled by the North American Free Trade Agreement (NAFTA) that had been ratified in 1994. The business in Canada made up a small portion of the North American business. Yet the Canadian market acted at times as a linchpin: during the U.S. financial crisis in 2008, for example, Canada recorded very positive growth rates – unlike the weak U.S. market.[2]

  1. BSH Corporate Archives, A01-0023, GB 2005, page 5; A01-0024, GB 2006, page 56. The Canadian branch of BSH Home Appliances is currently located in a suburb of Toronto, Ontario. https://www.bsh-group.de/index.php?page=1072 (last downloaded on 28.11.2016).
  2. BSH Corporate Archives, A01-0026, GB 2008, page 46.