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CANADA
A tale of two Canadas: the two-speed economy
LOW RISK for entreprise
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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GDP | USD 1736bn (World ranking 10, World Bank 2019) |
Population | 38mn (World ranking 39, World Bank 2019) |
Form of state |
Constitutional parliamentary monarchy |
Head of government | Justin Trudeau (PM) |
Next elections | 2023, legislative |
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- Politically stable
- High per capita GDP
- Robust banking system
- High data transparency
- Large oil and gas reserves
- Diverse GDP
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- Dependence on exports
- High exposure to the U.S. economy
- Sensitive to commodity prices
- High personal debt
- Government revenues dependent on oil
Trade structure by destination/origin
(% of total)
Exports | Rank | Imports |
---|---|---|
United States
75%
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1 |
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China
4%
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3 |
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United_Kingdom
4%
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3 |
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Japan
2%
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4 |
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Mexico
2%
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5 |
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Trade structure by product
(% of total)
Exports | Rank | Imports |
---|---|---|
Cars And Cycles
12%
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1 |
8%
Cars And Cycles
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Crude Oil
11%
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2 |
5%
Engines
|
Aeronautics
4%
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3 |
5%
Vehicles Components
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Non Ferrous Metals
4%
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4 |
4%
Miscellaneous Hardware
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Other Edible Agricultural Prod
4%
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5 |
4%
Commercial Vehicles
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Low
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Medium
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Sensitive
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High
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Payments
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Court proceedings
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Insolvency proceedings
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Payments
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Court proceedings
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Insolvency proceedings
Insolvency law provides sophisticated mechanisms, but their efficiency in recovering unsecured debt is very limited, therefore pre-legal action should be considered as the best debt collection opportunity.
LATEST NEWS ABOUT CANADA
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Economic Outlook: Energy, trade and financial shockwaves
The Russian invasion of Ukraine has brought back significant headwinds to the global economic recovery and raised wider geopolitical risks.
Is the wealth middle class shrinking?
Only three countries have seen the wealth share of the middle class improve since the 2008 financial crisis.
Contacts
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