International Trade in Canada

International Trade in Canada

After declining due to global recession, Canada's GDP has rebounded with growth estimated at over 3% in 2010 due to the stimulus package, the recovery of foreign trade and the newfound confidence of Canadian households. The growth rate should slow down in 2011, reflecting among others the... Read more

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Market Analyses About Canada (602)

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  • Hammer Down Truck n Trailer

    Hammer Down Truck n Trailer

    Road Freight, Canada

              I have been driving semi trucks for more than two decades and have found that the...
  • Win Global Partners

    Win Global Partners

    Business Development, Canada

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Business Tips About Canada (138)

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    ArmatusOne LLC

    Sales Agents, Canada

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  • Vatco Corporation

    Vatco Corporation

    Sales Agents, Canada

    VATCO CORPORATION, international food brokers, importers and agents, has established, since 1977, an excellent reputation helping...

Overview About International Trade in Canada

Main Industry Sectors

Accounting for almost two thirds of the GDP, the service sector dominates the Canadian economy. Its most dynamic areas are: telecommunications, tourism, Internet (almost 65% of Canadian households regularly use the Internet) and the aeronautical industry.

The agricultural sector represents a little more than 2% of the GDP and employs less than 2% of the population. Canada is one of the largest exporters of agricultural products in the world, wheat in particular. It produces 10% of the world's GMO harvests. Fishing is an important sector. Canada is one of the main producers of minerals, namely nickel, zinc and uranium. The country also has large reserves of oil and natural gas.

Canada has 6 strong sectors of primary industry: renewable energies (mainly wind), forestry sector, hydrogen and fuel cells, mines, metals and minerals, fishing, oil and gas. The manufacturing sector represents approximately a third of the GDP.

 

Economic Overview

After declining due to global recession, Canada's GDP has rebounded with growth estimated at over 3% in 2010 due to the stimulus package, the recovery of foreign trade and the newfound confidence of Canadian households. The growt...

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