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Economy:
Economy:

General characteristics of the Canadian economy:

Canada is among the ten nations leaders in manufacturing, and also experiencing a huge growth phase in high-tech industries and services. The economy is increasingly diverse and knowledge-based, ceases to be exclusively related to natural resources to pursue growth through innovation and technology.

Economic data from Canada:

Main economic sectors: industry, technology, finance

Major industrial regions: the cities of Vancouver, Montreal and Toronto

Currency: Canadian Dollar ($ symbol - CAD)

GDP: $ 1.44 trillion (2012 estimate)

GDP per capita: U.S. $ 41,500 (estimate 2012)

GDP composition by sector of the economy: services (69.6%), industry (28.6%) and agriculture (1.8%) - 2012 data

Work force (2012): 18.8 million active workers

Unemployment rate: 7.3% (2012)

Investment: 23.7% of GDP (2012)

Public debt: 84.1% of GDP (2012)

Inflation Rate: 1.8% (2012)

Monetary reserves: U.S. $ 702 billion (31/12/2012)

Major farming products produced: wheat, barley, oilseed, tobacco, fruits, vegetables, dairy products, forest products, fish

Principal manufactured products: transportation equipment, chemicals, food products, wood and paper products, fish products, petroleum and natural gas.

Main export commodities: motor vehicles and parts, industrial machinery, aircraft, telecommunications equipment, chemicals, plastics, fertilizers, pulp, timber, crude oil, natural gas, aluminum

Main economic partners: (export): United States, United Kingdom and Japan

Main economic partners (import): United States, China and Mexico

Exports: (2012): U.S. $ 481.7 billion

Imports: (2012): U.S. $ 480.9 billion

Trade Balance: surplus of $ 800 million

Economic block belongs: NAFTA (North American Free Trade Agreement)