Theory Of Economic Cycle

Location
Northern North America, bordering the North Atlantic Ocean on the east, North Pacific Ocean on the west, and the Arctic Ocean on the north, north of the conterminous US.

Area
Total : 9,984,670 sq km
Land : 9,093,507 sq km
Water : 891,163 sq km

Currency (Code)
Canadian Dollar (CAD)

Fiscal Year
1 April - 31 March

Major Stock Exchange
Toronto Stock Exchange

Central Bank
Bank of Canada

CANADIAN DOLLAR
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CENTRAL BANK RATE
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INFLATION RATE
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REAL GDP
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UNEMPLOYMENT RATE
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BALANCE OF TRADE
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TORONTO STOCK EXCHANGE - TSX
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ECONOMIC NEWS
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ECONOMIC CALENDAR
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Canada, as an affluent, high-tech industrial society in the trillion-dollar class, resembles the US in its market-oriented economic system, pattern of production, and affluent living standards. The impressive growth of the manufacturing, service and mining sectors has transformed the nation from a largely rural economy into one primarily industrial and urban, since World War II. The 1989 US-Canada Free Trade Agreement (FTA) and the 1994 North American Free Trade Agreement (NAFTA), which includes Mexico, touched off a dramatic increase in trade and economic integration with the US. Given its great natural resources, skilled labor force, and modern capital plant, Canada enjoys great economic prospects. Top-notch fiscal management has produced consecutive balanced budgets since 1997, although public debate continues over the equitable distribution of federal funds to the Canadian provinces. Exports account for roughly a third of GDP. Canada enjoys a substantial trade surplus with its principal trading partner, the US, which absorbs 80% of Canadian exports each year. Canada is the USA's largest foreign supplier of energy, including gas, oil, uranium, and electric power. Canada, during 2007, enjoyed good economic growth, moderate inflation, and the lowest unemployment rate in more than three decades.

Agriculture Products

Wheat, barley, fruits, vegetables, oilseed, tobacco, Dairy Products, Forest Products, Fish

Major Industries

Transportation equipment, food products, processed and unprocessed minerals, chemicals, wood and paper products, fish products, natural gas and petroleum.

Major Exports

Motor vehicles and parts, aircraft, industrial machinery, telecommunications equipment Chemicals, fertilizers, plastics Wood pulp, timber, natural gas, crude petroleum, electricity, aluminum.

Major Imports

Machinery and equipment, motor vehicles and parts, chemicals, crude oil, durable consumer goods, electricity.