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Country summary

Capital

Ottawa

Borders

US 8,893 km (includes 2,477 km with Alaska)

Government type

a parliamentary democracy, a federation, and a constitutional monarchy

Population

33,487,208 (July 2010 est.)[1]

Population growth %

0.82 (2010 est.)[1]

Life expectancy

81.23 years[1]

Unemployment

8.3% (2009 est.)[1]

Index of Economic Freedom

7[2]

Corruption Perceptions Index

8[3]

Doing Business ranking

8[4]


A land of vast distances and rich natural resources, Canada became a self-governing dominion in 1867 while retaining ties to the British crown. Economically and technologically the nation has developed in parallel with the US, its neighbor to the south across an unfortified border. Canada faces the political challenges of meeting public demands for quality improvements in health care and education services, as well as responding to the particular concerns of predominantly francophone Quebec. Canada also aims to develop its diverse energy resources while maintaining its commitment to the environment.[1]

Economical characteristics[]

  • Currency: Canadian Dollar (ISO code: CAD)
  • Central bank discount rate: 1.75% (December 31 2008)[1]
  • Commercial banks lending rate: 4.73% (December 31 2008)[1]
  • Stock of money (M1): $356.2 billion (December 31 2008)[1]
  • Quasi money (with M1 makes M2): $1.299 trillion (December 31 2008)[1]


Statistics[]

Statistic/Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[5] 661 265 724 919 715 424 734 662 865 873 992 242 1 132 720 1 278 640 1 429 700 1 501 330
Govt. debt (% of GDP)[6] 65.980 59.922 57.828 54.670 51.865 48.573 45.174
Govt. revenue (% of GDP)[7] 21.359 20.873 20.392 19.754 19.764 19.726 19.642 19.255 19.578
Govt. expenses (% of GDP)[8] 20.195 19.044 18.725 18.577 18.617 18.415 18.073 17.863 17.762
Debt to revenue (years) 3.089 2.871 2.836 2.768 2.624 2.462 2.300

References[]

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Facebook. "Canada", from The World Facebook. Referenced 2010-09-21.
  2. Heritage Foundation. "Canada", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-21.
  3. Transparency International. "Canada", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-09-21.
  4. Doing Business. "Canada", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-21.
  5. World Bank. "Canada: GDP", from World Bank Data. Referenced 2010-09-21.
  6. World Bank. "Canada: government debt", from World Bank Data. Referenced 2010-09-21.
  7. World Bank. "Canada: government revenue", from World Bank Data. Referenced 2010-09-21.
  8. World Bank. "Canada: government expenses", from World Bank Data. Referenced 2010-09-21.

External links[]

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