Browse by: Categories Locations
Welcome to CompanyListing.ca - Canadian Company Directory
CompanyListing.ca is a community and business resource to foster relationships between buyers and sellers of goods and services. Our primary goal is to promote Canadian companies at the regional, provincial, and international level.

Canadian Economy

Canada is one of the world's wealthiest nations, with a high per capita income, and is a member of the Organisation for Economic Co-operation and Development (OECD) and the G8. It is one of the world's top ten trading nations. Canada is a mixed market, ranking lower than the U.S. but higher than most western European nations on the Heritage Foundation's index of economic freedom. Since the early 1990s, the Canadian economy has been growing rapidly, with low unemployment and large government surpluses on the federal level. Today, Canada resembles the U.S. in its market-oriented economic system, pattern of production, and high living standards. As of February 2009, Canada's national unemployment rate was 7.77%. Provincial unemployment rates vary from a low of 3.6% in Alberta to a high of 14.6% in Newfoundland and Labrador. According to the Forbes Global 2000 list of the world's largest companies in 2008, Canada had 69 companies in the list, ranking 5th next to France. As of 2008, Canada's total government debt burden is the lowest in the G8. The OECD projects that Canada's net debt-to-GDP ratio will decline to 19.5% in 2009, less than half of the projected average of 51.9% for all G8 countries. According to these projections, Canada's debt burden will have fallen over 50 percentage points from the peak in 1995, when it was the second highest in the G8.

© 2005-2011 CompanyListing.ca. All Rights Reserved.