The Canadian economy by Dominik Zosig Report The Canadian economy by Dominik Zosig

The Canadian economy by Dominik Zosig Contents I. The Country –General facts about Canada –Statistical data about Canada –Historic Background II.The Economy –The Gross Domestic Product –The economic sectors

The Canadian economy by Dominik Zosig The Country ca. 10 million square metres most northern point is close to the Northpole 33 million inhabitants 2.5 million square metres of forest ca colonized by France was foundation member of the NATO became independent from Britain in 1982

The Canadian economy by Dominik Zosig The Economy GDP = consumption + investment + exports − importsconsumptioninvestmentexportsimports 1.Natural Resources –Canada is world leader in production of raw materials –The vast majority is exported –Northern parts are unexploited 2.Energy –Worlds second largest reserves of oil and gas –Canada is the world‘s biggest consumer of energy –Western Canada sells oil mostly to the U.S. –Eastern Canada buys oil from the U.S. –Cheap energy makes large industry possible

The Canadian economy by Dominik Zosig The Economy 3.Manufacturing –Manufacturing was always secondary, though not unimportant –Canada is the most important exporter of textiles –Canada now produces more cars than the U.S. 4.Service Sector –Three quarters of all canadians work in this sector –It covers two thirds of the GDP –Big-Box Stores cut jobs –This sector grew rapidly in the last few years

The Canadian economy by Dominik Zosig Comparism Canada - Germany two weeks of vacation isThere is a compulsory health insurance There is no apprenticeship Currently many university graduates start working in jobs they are overqualified for People often move to a new town if they get a job there Unemployment rate is at 6%

The Canadian economy by Dominik Zosig Thank you for your attention! Sources of contents: –Wikipedia the free cyclopedia –Geo Special: „Canada“ – Gruner & Jahr (2001) –Statements of a Canadian relative YEAH DUDE!