
Canadian economics
Canadian economics refers to the nation's economic system, which is a mix of free-market principles and government intervention. Canada is rich in natural resources, such as oil, minerals, and timber, which drive exports and economic growth. The country has a strong services sector, particularly in finance, technology, and healthcare. Additionally, Canada emphasizes social welfare, with public services like healthcare funded through taxation. This balance of market activity and government support aims to promote stable growth, reduce inequality, and improve the quality of life for all Canadians. Overall, Canada's economy is characterized by diversity and resilience.