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What Do You Know About The Economy Of Canada?

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    Ottawa city is the capital of Canada. The country growth sector is very stable. The ratio of Gross Domestic Product is same in 2004 and 2005. It is expected to stabilize in the 2006 as well this is great achievement of this country.  The ratio of unemployment is still very high which is 6.7 percent is in 2006. The living standard of the people of the Canada is very high. The consumption and investment is very important for the Canadian economy. It is the biggest exporter of agriculture products. It exports cereals, fruits, sugar beet, vegetables and tobacco. Canada produces 10 percent of the world's crops.

    The country is also getting benefit from rich minerals resources. The economy of the country is highly developed. Telecommunications, internet and aircraft industry are in high growth.  In natural resources the country have gas, zinc, uranium, nickel and oil are the key factors.  Canada has entered in agreement with America and Mexico by the North American Free Trade Agreement.  Canada imports machines and electronic equipments.  The trade partners of Canada are United States, China, Japan and United Kingdom. Hydrocarbons and Machines are the main exports of the country. So they are trying their best to support their economy.
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    N0pk4  

    answered 3 years ago

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