Mauritius has undergone a remarkable economic transformation from a low-income, agriculturally based economy to a diversified, upper middle-income economy. The country is one of the few investment grade and business-friendly environments on the continent. Its economy is currently depends on sugar, tourism, textiles and apparel, and financial services, but is expanding into fish processing, information and communications technology, and hospitality and property development, offering a range of export and investment opportunities for Canadian businesses.