Canada or Australia, which country has more development potential?

I think Australia has more development potential.

First, Australia has territorial advantages. Owning the entire Australia, it is surrounded by sea on all sides and is located in the southern hemisphere. It is a Commonwealth country, and the Queen of England is the nominal head of state of Australia. It is also a parliamentary country. Australia also has a vast territory. With a total area of ??7.68 million square kilometers, it ranks sixth in the world. It also has rich mineral resources, forest resources, agricultural, animal husbandry and fishery resources, and is a developed capitalist advanced country. GDP output value is 1,598.1 billion yuan. Although it currently ranks 12th in the world after Canada, its total population is 24 million, which is 2/3 of Canada. Therefore, Australia is richer than Canada on a per capita basis. Although Canada is larger than Australia, it is adjacent to the most powerful countries in the world and its development prospects are not optimistic.

Second, Australia has better geographical advantages. Surrounding Australia are several of the most populous countries in Asia and the most populous countries in the world: China, India, Japan, Indonesia, Bangladesh, Philippines, and Vietnam. Half of the 17 countries in the world with a population of more than 90 million are away from Australia. Australia is very close and includes several of the strongest countries in the world besides the United States. Canada has only one neighboring country, the United States, and is extremely economically dependent on the United States, so it is subject to greater constraints. 75% of Canada's foreign trade is with the United States, and most of the national borders with the United States are undefended. Therefore, it is reasonable to say that Canada is a special administrative region of the United States; while Australia's main trading partners are China and Japan. , the United States, relatively speaking, Australia's economy is more dependent on the East Asian market.

Third, Australia has a better geographical location. Most of Canada is located in the frigid and cold temperate regions, while Australia, on the contrary, is mostly located in the tropical and subtropical regions. Most Canadians are concentrated in the inland areas of North America on the border with the United States, while most Australians live in coastal areas, with Sydney and Melbourne accounting for half of the country's population. Both countries have large areas of uninhabitable areas that, despite poor living conditions, are rich in mineral resources. Among them, the difficulty of resource development in Australia is lower than that in Canada, and resources can be better utilized in the future.