answersLogoWhite

0


Best Answer

The Canadian economy shadows the American economy but to a lesser degree. Due to Canada relying on American imports and exports there was a large change in cross-border cash flow which affected the Canadian economy. There are items such as the housing market which are far stronger in Canada.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How closely does the economy in Canada follow the economy in the US?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What type of economy does US and Canada have?

The U.S. and Canada have a free market economy.


Is Canada's economy better than US's economy?

Yes


Whose economy is srtonger the US or Canada?

China


Which is not primarily a market economy Cuba US Canada Mexico?

Cuba is a socialist economy.


What does the us and Canada's economies have in common?

Canada's economy has grown in parallel with the US. That explains how Canada, a weakly populated country with not nearly as much industry as the US, obtains the 10th largest economy in the world. Canada and the US are immensely economically tied, as they are each others' largest trading partner.


What country affect the us economy?

All countries affect the US Economy in some measure, but particularly Japan, Britain, Canada and Mexico.


What makes Canada's government different from US's government?

Canada - Mixed economy, less capitalist, appoints judges. U.S.A. - Capitalist economy, votes for judges.


Can people convicted of a crimb go to Canada?

If you mean to run away to Canada, then no, not really. Canada and the US cooperate very closely in returning criminals from the other country.


Could Canada be considered as a puppet to the US?

Canada is a puppet to the USA in it's media, however the culture and economy are "Canadian".


How Canada proximity to the US affect Canada's trade and economy?

Because the US and Canada are direct neighbors, and also share a cultural and historical bond, they are very close allies. The US is the most successful country in economics, as it has the world's largest economy. Because of this, the Canadian economy has grown in parallel to the US's. This explains how Canada, a country with merely 35,000,000 people, has one of the largest economies on Earth. Also, the US and Canada created a free-trading association with Mexico. This made trading between these nations easier, faster, and obviously, free. In addition, the US and Canada are each others' largest trading partners.


How does Canada's proximity to the US affect Canada's trade and economy?

Because the US and Canada are direct neighbors, and also share a cultural and historical bond, they are very close allies. The US is the most successful country in economics, as it has the world's largest economy. Because of this, the Canadian economy has grown in parallel to the US's. This explains how Canada, a country with merely 35,000,000 people, has one of the largest economies on Earth. Also, the US and Canada created a free-trading association with Mexico. This made trading between these nations easier, faster, and obviously, free. In addition, the US and Canada are each others' largest trading partners.


How does Canada's proximity to the US affect its trade and economy?

Because the US and Canada are direct neighbors, and also share a cultural and historical bond, they are very close allies. The US is the most successful country in economics, as it has the world's largest economy. Because of this, the Canadian economy has grown in parallel to the US's. This explains how Canada, a country with merely 35,000,000 people, has one of the largest economies on Earth. Also, the US and Canada created a free-trading association with Mexico. This made trading between these nations easier, faster, and obviously, free. In addition, the US and Canada are each others' largest trading partners.