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G7, G8, G20, NATO, OECD, WTO, Commonwealth of Nations, Francophonie, OAS, APEC, United Nations, Heritage Foundation.

 

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1. The Canadian economy is dominated by the service industry, which employs about three quarters of Canadians and accounts for 78% of GDP.

2. The sector of business services is largely concentrated in the major urban centres, especially Toronto, Montreal and Vancouver.

3. The rapid growth of health care industry has led to problems for governments who must find money to fund it.

4. The primary industries are increasingly becoming less important to the overall economy, although they still account for 6.2% of country’s GDP.

5. Central Canada today produces more vehicles each year than the neighbouring U.S. state of Michigan, the heart of the American automobile industry. Manufacturers have been attracted to Canada due to the highly educated population with lower labour costs than the United States.

6. The large reliance on natural resources has several effects on the Canadian economy and Canadian society.

7. Nearly two-thirds of Canada's forest products, including pulp and paper, are exported to the United States; 72% of Canada's total newsprint production also is exported to the U.S.

8. As of 2008, Canada’s total government debt burden is the lowest in the G8.

9. Many Canadian companies have focused their exploration and expansion activities overseas (Latin America, Southeast Asia, and Africa) where prices are lower and governments more accommodating.

10. Broadly speaking Canadian oil production peaked in the mid-1970s, but due to the new offshore basins being exploited in Atlantic Canada and the boom of the Alberta Oil Sands overall production will not peak until the late 2020s.

 

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1. Canada has a mixed economy estimated as the wealthiest in the world.

2. Canada buys agricultural, energy, forestry and gas from its top trading partners.

3. Canada imports good from the USA, the UK and Japan.

4. Canada is a global source of natural resources, gas and nonferrous metals.

5. The most important sector of the Canadian economy is the primary sector.

6. Business and financial services, retail, education and health sectors employ three quarters of Canadians.

7. Canada's education and health sectors are publicly funded and controlled.

8. The growth of manufacturing and service sector has made the country the world’s largest suppliers of agricultural products.

9. Canada buys wheat, canola, and other agricultural products from the U.S.

10. The economy of Canada was not especially hard hit by the global financial crisis.

 

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1. Canada is one of the world’s…

2. The Canadian economy is…

3. The Canadian economy occupies the place above…

4. A large part of the Canadian economy belongs to…

5. The largest Canada’s importers are…

6. Canada is one of the largest exporters of…

7. Canada has large deposits of…

8. The most developed economic sector is…

9. Canada is one of the largest suppliers of…

10. Canadian manufacturing sector includes…

 

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1. What type of economy does Canada belong to?

2. What place does the Canadian economy occupy in the world?

3. What does Canada export?

4. What countries are the main Canadian importers?

5. What is the most developed economic sector in Canada?

6. What sectors does the Canadian service industry include?

7. What part of the population does the service sector employ?

8. What economic sectors have made Canada’s economy more industrial?

9. What agricultural products does Canada produce/

10. What caused the country’s trade deficit and unemployment increase?