At the same time as Canada is in the middle of the top 10 manufacturing nations of the world, it is furthermore experiencing incredible growth in the Business Technologies, IT, high technology and services industries. Its financial system is more and more branch out and knowledge-based. No longer relying entirely on natural resources, Canada's economy is raising from side to side novelty and technology.
Throughout 2008 and into 2009, Canada’s gross domestic product (GDP) grew quicker than any other G8 country and job scenario was strong. Employment opportunities was also well-built, interest rates reach evidence lows, and price rises remained low and stable irrespective of the global financial crisis.
A large quantity of Canada's manufacturing industry is lying in Ontario and Québec, where motor vehicle production comprises the leading sector in this industry. Other significant manufacturing sectors comprise Information Technology, food and beverages, paper and allied products, primary metals, fabricated metals, petrochemicals and chemicals.
The Atlantic, Prairie and Pacific regions of Canada have additional natural resource-based economies. The Atlantic Provinces center of attention is fishing, forestry and mining, while Prairie Provinces are reliant on agriculture and mineral fuels. British Columbia's major sectors are forestry and mining, in addition to tourism.
Major Exports of Canada:
Following are the major exports of Canada:
• Automobile vehicles and parts
• Natural gas
• Machinery and equipment
• High-technology products
• Forest and farm products
Major Imports of Canada:
Following are the major imports of Canada:
• Machinery and industrial equipment including communications and electronic equipment
• Vehicles and automobile parts
• Industrial materials (metal ores, iron and steel, precious metals
• Cotton, wool and other textiles
• Along with manufactured products and food