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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.
Wiki User
∙ 11y ago
Wiki User
∙ 7y agoCanada's economy has been enhanced by the Stimulus phase of their Economic Action Plan. The Stimulus was launched in January 2009 and has been very successful.
to win the GRAMMY Awards.
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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 are Canadas major imports and exports?
Canada's major export is 'energy', and our major import is 'industrial manufacturing/equipment'. Please see Statistics Canada link below.
What is the possessive of economy?
The possessive of economy is economy's.
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 has Canada's economy been enhanced by?
North American Free Trade Agreement
What is canadas national fish?
canadas national fish is cod and salmon................................................thats wat i think how bout u
What is Canadas import?
tropical fruit
What is Canadas capital city?
Ottawa
what is canadas largest providence?
mama
What is Canadas most popular sport?
Hockey
What are canadas top 10 imports?
pooopooo
What are Canadas laws?
To many laws to list
What is Canadas capitol?
Canada's capital is Ottawa.
