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Right now the Canadian economy is relatively strong due to the high price of commodities like oil, gas, potash, and the resource sector in general. Canadian banks are very strong right now, the big five canadian banks are all in the top ten biggest banks in the world. Canada probably has the strongest banking system in the world for a variety of reasons, one being the collapse of major American banks, and Canadian banks taking their place. Canadian manufacturing has taken a hit in recent years but is slowly rebounding. Though Canada has a strong economy at the moment, there is a concern of being too dependent on resources and banking alone. Canada needs to diversify its economy and focus on increasing manufacturing again.
What else can I help you with?
Why are producers interested in achieving an economy of scale?
Producers or companies seek an economy of scale because by doing so it tends to dominate the market for certain products. When this happens, a natural monopoly is created and profits are enhanced.
What are Canadas imports?
Canada imports many motor vehicles, machinery, and fruits and vegetables.
Where is Canada's fishing industry?
Really... Its allalong Canadas coast... And any lakes and rivers inside our territory!
What is Economy Plus ticket?
Economy Plus is a premium seating option offered by some airlines, typically in the economy class section. It provides passengers with additional legroom and a more comfortable seating arrangement compared to standard economy seats. Economy Plus may also include benefits such as priority boarding and enhanced amenities, making it an appealing choice for travelers seeking extra comfort without upgrading to business class.
When output increases the PPC of the economy indicating in the economy.?
When output increases, the Production Possibility Curve (PPC) of the economy typically shifts outward, indicating economic growth. This expansion reflects an increase in the economy's capacity to produce goods and services, often due to factors like improved technology, an increase in resources, or enhanced productivity. As a result, the economy can produce more of both goods represented on the PPC, illustrating greater efficiency and potential for welfare improvement.
What is canadas economy based on?
A free market economy
What was Leonard Tilly's quote about Canadas economy?
www.Google.ca
Why do you think many Canadians moved from farms to cities?
asian bussnispeople have brought a great deal of welth to canadas economy
What is canadas national fish?
canadas national fish is cod and salmon................................................thats wat i think how bout u
What has Canada's economy been enhanced by?
North American Free Trade Agreement
What is Canadas capital city?
Ottawa
What is Canadas import?
tropical fruit
what is canadas largest providence?
mama
What is canadas youngest province?
Newfoundland and Labrador
When is canadas' national day?
July 1st
What are Canadas laws?
To many laws to list
What are canadas top 10 imports?
pooopooo
