Buying commercial property in Canada: A foreign investor's guide
This guide explains the legal framework, eligibility, and the step-by-step process for purchasing commercial property in Canada as a foreigner
Finding efficient flight booking solutions is essential for Canadian businesses. FCM Travel Canada offers a structured approach to managing corporate travel. Understanding its services can help you streamline bookings and control costs.
This guide explains how Canadian businesses can use FCM Travel for flights. We've also explained how Wise can help you pay for international travel expenses with transparent fees and better exchange rates.
FCM Travel is a global travel management company (TMC) with dedicated operations in Canada.¹ It specializes in handling travel arrangements for business clients.
FCM's typical clients include corporations, educational institutions, and public sector groups.1 A TMC provides a centralized system for booking flights, hotels, and car rentals. It helps businesses enforce travel policies, manage expenses, and ensure traveller safety.
Booking flights with FCM Travel is typically done through a corporate agreement. Employees do not book as individuals but as representatives of their organization.
Most clients access FCM's services through a dedicated online booking tool or a designated travel consultant.2 For example, some universities give staff access to a platform like Concur to book flights that comply with university travel policies.2
The process generally involves:
For any international travel costs not covered by a central account, using a multi-currency payment solution can reduce expenses.
Using FCM for flight bookings provides several advantages for businesses. Companies gain access to negotiated corporate rates and a wide inventory of flight options.
Key benefits include:
These features apply to both domestic flights within Canada and international travel. The structured oversight helps businesses manage their travel budget and support their employees effectively. Cost savings from FCM can be enhanced by using smart payment options for any related international fees.
FCM Travel primarily serves corporate, public sector, and institutional clients.¹ Its model is not designed for individual leisure bookings. Access to their booking services is almost always granted through an employer or an affiliated organization with a corporate account.
Yes, FCM Travel Canada manages bookings for domestic flights within Canada. It also handles international travel arrangements for its clients. Organizations use FCM to book travel to events and business locations across the country and abroad.
Booking fees are typically part of a customized service agreement between FCM and the client company. These fees are negotiated based on the volume of travel and the level of service required. They are not usually charged on a per-booking basis to the individual traveller.
Managing international travel payments requires a cost-effective solution. While FCM streamlines bookings, Wise helps businesses and their employees save money on international transaction fees and currency exchange.
When employees need to pay for travel expenses in a foreign currency, bank cards often add high conversion fees. With a Wise Business account, you can pay invoices and manage expenses in over 40 currencies at the mid-market exchange rate.
To pay for an international expenses with your invoice:
This process ensures you avoid hidden bank markups, making business travel more affordable.
FCM Travel Canada provides contact details for its Canadian offices on its website. This includes phone numbers and email addresses for general inquiries and client support.¹
Yes, FCM is a full-service travel management company. In addition to flights, it facilitates bookings for hotels and car rentals to provide a complete travel itinerary for its clients.2
A travel management company offers cost savings through negotiated rates, ensures travel policy compliance, and provides detailed reporting for budget oversight. It also offers traveller support and duty of care, which are crucial for business travel.3
Pairing FCM Travel Canada's booking services with a smart payment solution creates a highly efficient travel program. A Wise Business account helps you manage international travel costs by offering transparent fees and the mid-market exchange rate on all currency conversions. You can pay international vendors, reimburse employees, and track spending in multiple currencies from one platform. Open a Wise Business account to simplify your international payments.
Sources:
Sources verified on 15 June 2026
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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