How is the Canadian economy?

Canada is a country rich in resources. In addition to Canada's own rich forest, fresh water and oil resources, Canadians also have a high concept of sustainable development. Canada has a population of only 35 million, but its land area is the second in the world, so it is rich in resources. Therefore, Canada's per capita resources are relatively high, and no country should be able to surpass them. Canada's per capita GDP ranks 16 in the world. Only by relying on the resource-based economy of "relying on mountains to eat mountains" can Canada be among the best.

Second, the economy on which the United States depends.

Because the United States and Canada are close, most of Canada's exports go to the United States. Many American manufacturers set up their factories in Canada because of the North American Free Trade Treaty. Anyway, there is no tariff on shipping them back to the United States for sale, so it only drives the Canadian economy.

Third, the economy driven by housing prices.

In fact, the rise of house prices and prices, in addition to the relationship between supply and demand, is often because there is too much money in the market, and the same thing can't be bought at the same price, so we can only use more money to buy assets of the same value. With the rise of housing prices, it attracts a lot of foreign capital to enter the Canadian market, and at the same time, it also promotes the vigorous development of more construction-related industries, and then money will slowly flow into all walks of life. From 20 1 1 to 20 17, the Canadian economy ushered in an economic climax by rising housing prices.

Fourth, the immigrant economy.

The small population mentioned earlier is an advantage, but everything has two sides. Because of its small population, Canada accepts nearly 300,000 immigrants every year to make up for the negative birth rate. The arrival of new immigrants has a great positive impact on the Canadian economy.

Verb (abbreviation of verb) high-tech economy

Although the high technology in Canada is not so good, the training of high-tech talents in Canada has always been in a world-class state. Therefore, there are still many high-tech talents in China.