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The economy of Canada is a highly developed mixed economy, [33] [34] [35] with the world's ninth-largest economy as of 2024, and a nominal GDP of approximately US$2.117 trillion. [6] Canada is one of the world's largest trading nations, with a highly globalized economy. [36] In 2021, Canadian trade in goods and services reached $2.016 trillion ...
The economies of Canada and the United States are similar because both are developed countries.While both countries feature in the top ten economies in the world in 2022, the U.S. is the largest economy in the world, with US$24.8 trillion, with Canada ranking ninth at US$2.2 trillion.
While Canada's ten provinces and three territories exhibit high per capita GDPs, there is wide variation among them. Ontario , the country's most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and midwestern United States .
Canada has a highly developed mixed-market economy, [226] with the world's ninth-largest economy as of 2023, and a nominal GDP of approximately US$2.221 trillion. [227] It is one of the world's largest trading nations , with a highly globalized economy. [ 228 ]
C. Canada–United Kingdom Trade Continuity Agreement; Canada's Food Price Report; Canadian content value; Canadian Crude Index; Canadian Free Trade Agreement
Canada long sold itself as a beacon for immigrants, who were widely viewed as key to economic growth in a vast nation with a small and rapidly aging workforce. "Study, work and stay" was the ...
Canada is recognized in international rankings for a variety of reasons, ranging from its high standard of living to its strong economy and political stability.Canada ranks high on its social, legal, healthcare and education systems with its universities ranked among the best in the world. [1]
The Port of Vancouver is Canada's largest port and the third largest port in North America; it is responsible for Canada's trade with more than 170 world economies. The ports of Vancouver and Prince Rupert , which are ice-free year-round, are Asia's closest ports of entry on the west coast of North America—saving shippers more than two days ...
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