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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.

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