Geography Brazil occupies almost one-half of the entire South America continent, and is the fifth largest country in the world. It borders all Latin American countries except Chile and Ecuador. The 9,170km coastline and the 50,000km navigable inland waterways provide great potentials for water transportation which has not been well developed. Brazil is topographically relatively flat. 40% of the land is under the Amazon Rain Forest. Most of the arable land is found in the South, but the process of land development for agriculture is pushing into the Central-West and the North as well. The climate is mainly tropical and...
much more primitive financial and industrial base, and a much lower standard of labor productivity. Employee training would be a substantial part of investment.

Canadian industries can take advantage of the large labor base for labor intensive manufacturing processes like textile and electronics. There is also large potential in the agriculture, fisheries, and energy sectors. The huge population, combined with those of the MERCOSUL countries will form a gigantic consumer base for almost any product. As inflation and foreign debt under control, Brazil might fulfill the promises it gave in the 1970s as an economic miracle among developing countries.