Canadian economy

Canada’s economy is a diverse mix of industries, including natural resources like oil, minerals, and timber, along with manufacturing, technology, and services such as finance and healthcare. It benefits from abundant natural resources and global trade, especially with the United States. The economy is driven by household consumption, business investments, government spending, and exports. Factors like commodity prices, interest rates, and international trade relations influence its growth. Overall, Canada maintains a stable, resource-rich economy with a strong focus on sustainability and innovation, supporting a high standard of living for its residents.