Country Analysis - Canada (2007)

Résumé du document

Canada closely resembles the US in its market-oriented economic system, pattern of production, and affluent living standards. Since World War II, the impressive growth of manufacturing, mining, and service sectors has transformed the nation from a largely rural economy into one primarily industrial and urban. 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 solid economic prospects. Exports account for roughly a third of GDP. Canada enjoys a substantial trade surplus with its principal trading partner, the United States, which absorbs more than 85% of Canadian exports.

Extraits

[...] Deficits in the Trade balance Canada is a strong importer of Consumer goods. The consumer goods balance is in deficit of about USD 32 billion. And this trend is increasing as imports have grown by 15% over the last 5 years. The import is mostly coming from Asia and the US. Canadian economy is closely linked to the US's one. Its economy is strong and relies on a wide industrial sector. Nevertheless its trade balance is positive thanks to its natural resources in petrol, gas and forests. [...]

[...] The import of Travel and Transportation services is the main factor of deficit. Services represent only 11% of exchanges. The Transfers balance is neutral and is slightly deteriorating over the years. The exchanged volume is increasing but Transfers still represent only of receipts. The capital flow balance is strongly in deficit. In 2005, this deficit was representing USD 22.8 billion but has been decreasing by 42% between 2001 and 2005. The capital balance will be analysed in more details later on. [...]

[...] Clarica Trust Company) Colgate-Palmolive Canada Conagra Limited Costco Canada Inc. DaimlerChrysler Canada Fin. Export Development Corp. Farm Credit Corporation Fiat Finance Canada Ltd. Financement Quebec Ford Credit Canada Limited GE Capital Canada Funding Company GE Capital Canada Inc. General Mills Canada, Inc. General Motors Acceptance Corp. of Canada Ltd, Goldman Sachs Canada Goldman Sachs Canada Finance Co. [...]

[...] Country Analysis Canada Canada is a leading country in the fight against doping. The World Anti-Doping Agency (WADA), based in Montreal, supports the drafting of the UNESCO Anti-Doping Convention, the aim of which is to promote, on a national and international level, the harmonization of measures against doping. Canada has already signed up to this Convention. Culture & Communication Films and cinema : Seats per 1000 inhabitants Annual attendance per inhabitant Book production : Total Daily Newspapers: Total Avg Circulation (or Copies Printed) per 1000 inhabitants National libraries: registered users Reference year 2002/03 Source: UNESCO Country Analysis Canada 6 Conclusions and Recommendations for investors 6.1 Key points about Canada for investors Foreign direct investment in Canada has more than doubled since 1990. [...]

[...] American investors see us up close, and like what they see. But new investors are also coming from around the world. Canada has become a great place for entrepreneurs. The 2003 World Competitiveness Yearbook ranked Canada: 1st for overall business environment, 3rd for globally for overall competitiveness. Why is it interesting to invest in Canada? Smart Workforce Canada believes in its people and welcomes talent from around the world. That's why as a percentage of its GDP, Canada spends more dollars on education than any other country in the world. [...]