Canada's Economy

Question 1

What kind of nation has Canada always been, economically speaking? What’s the engine of economic growth?

Answer 1

Trading nation
Commerce

Question 2

When did Canada enacted free trade with US? When did Mexico became a partner of NAFTA? How many people and merchandise did this agreement cover in 2008?

Answer 2

1988
1994
444 million people
$1 trillion in merchandise trade

Question 3

What’s the global ranking of Canada’s economies? Which group of industrialized countries does it belong to? What are the other countries in that group?

Answer 3

One of the ten largest
G8 - US, Germany, UK, Italy, France, Japan and Russia

Question 4

What are the three main types of industries in Canada?

Answer 4

Service, manufacturing and natural resources

Question 5

What percentage of working Canadians work in service industries?

Answer 5

75%

Question 6

What are some examples of manufactured products in Canada? Who is Canada’s largest international trading partner, and how much of Canadian exports are destined to it?

Answer 6

Paper, high tech equipment, aerospace tech, automobiles, machinery, food, clothing.
US
Three-quarters (biggest bilateral trading relationship)

Question 7

What industry type provides a large percentage of Canada’s exports? What industries does this include?

Answer 7

Natural resource commodities
Forestry, fishing, agriculture, mining, energy

Question 8

How is the Canada-US border traditionally known as? How many people cross every year in safety?

Answer 8

The world’s longest undefended border
Millions

Question 9

What are the words in the Peace Arch (Blaine, State of Washington)? What does this symbolize?

Answer 9

“Children of a common mother”
“Brethren dwelling together in unity”
Close ties and common interests of US-Canada