Canadian+Economy

The Canadian Economy

Canada has the 9th largest economy in the world.It is one of the worlds wealthiest nation. Canada’s economy is a mixed economy and the country is one of the most important suppliers of agricultural products. Canada is the biggest producer of zinc, uranium and is a big source of global gold, nickel, lead and aluminum.

**Canada** **Economy: Trade**
Canada’s trading partner is the US. Here are some important trade related facts about Canada:

> Here are some key statistics, according to the 2009 estimates.
 * Nearly 80% of its exports are to the US
 * Over 65% of Canada’s imports are from the US
 * Canada is the largest foreign supplier of energy to the US
 * ==**Canada** **Economy: Key Statistics**==
 * GDP (real growth rate): -2.4%
 * Unemployment rate: 8.5%
 * Consumer Price inflation : 0.2%
 * One of the wealthiest nations in the world, Canada’s considerable natural resources allow it to play a significant role in international trade.
 * While the oil industry is important in Alberta, Newfoundland and Labrador, Northern Ontario houses a large number of mines of coal, copper, iron ore and gold. The British Columbia region is famous for forestry, while the fishing industry is quite strong in the Atlantic Provinces.
 * http://www.economywatch.com/world_economy/canada/