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The Brazilian economy is very diversified and the largest in Latin America, with significant agricultural, hydrocarbons, and mineral wealth. Brazil has a large population and consumer base, and its banking system is regulated and solid. In recent years, the country has successfully approved and implemented various reforms, aimed at improving the business environment and attracting more private investors. Results can already be seen by the committed investments scheduled for next year in sectors such as information and communication technologies (ICT), energy and infrastructure, including water and wastewater. More positive developments are needed to address long-standing issues such as poor infrastructure, heavy bureaucracy, high taxes, and political uncertainty. Despite that, Brazil offers many opportunities for Canadian exporters and investors in multiple sectors, including digital industries, innovations, natural gas and cleantech.