Canada

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Canada

  1. 1. Socio-Economic• Canada is the worlds eleventh-largest economy, with a 2012 nominal GDP of approximately US$1.77 trillion. It is a member of the Organization for Economic Co-operation and Development (OECD) and the G8, and is one of the worlds top ten trading nations, with a highly globalized economy. Canada is a mixed economy, ranking above the US and most western European nations on the Heritage Foundations index of economic freedom, and experiencing a relatively low level of income disparity. In 2008, Canadas imported goods were worth over $442.9 billion, of which $280.8 billion originated from the United States, $11.7 billion from Japan, and $11.3 billion from the United Kingdom. The countrys 2009 trade deficit totaled C$4.8 billion, compared with a C$46.9 billion surplus in 2008.• Since the early 20th century, the growth of Canadas manufacturing, mining, and service sectors has transformed the nation from a largely rural economy to an urbanized, industrial one. Like many other First World nations, the Canadian economy is dominated by the service industry, which employs about three- quarters of the countrys workforce. However, Canada is unusual among developed countries in the importance of its primary sector, in which the logging and petroleum industries are two of the most prominent components.
  2. 2. Political Profile• Canada has a parliamentary system within the context of a constitutional monarchy, the monarchy of Canada being the foundation of the executive, legislative, and judicial branches.[The sovereign is Queen Elizabeth II, who also serves as head of state of 15 other Commonwealth countries and each of Canadas ten provinces. As such, the Queens representative, the Governor General of Canada (at present David Lloyd Johnston), carries out most of the federal royal duties in Canada.• The direct participation of the royal and viceroyal figures in areas of governance is limited.[98][102][103] In practice, their use of the executive powers is directed by the Cabinet, a committee of ministers of the Crown responsible to the elected House of Commons and chosen and headed by the Prime Minister of Canada (at present Stephen Harper the head of government.• The governor general or monarch may, though, in certain crisis situations exercise their power without ministerial advice. To ensure the stability of government, the governor general will usually appoint as prime minister the person who is the current leader of the political party that can obtain the confidence of a plurality in the House of Commons.The Prime Ministers Office (PMO) is thus one of the most powerful institutions in government, initiating most legislation for parliamentary approval and selecting for appointment by the Crown, besides the aforementioned, the governor general, lieutenant governors, senators, federal court judges, and heads of Crown corporations and government agencies.The leader of the party with the second-most seats usually becomes the Leader of Her Majestys Loyal Opposition (presently Thomas Mulcair) and is part of an adversarial parliamentary system intended to keep the government in check.
  3. 3. Political Profile• Each of the 308 Members of Parliament in the House of Commons is elected by simple plurality in an electoral district or riding. General elections must be called by the governor general, either on the advice of the prime minister, within four years of the previous election, or if the government loses a confidence vote in the House. The 105 members of the Senate, whose seats are apportioned on a regional basis, serve until age 75. Five parties had representatives elected to the federal parliament in the 2011 elections: the Conservative Party of Canada (governing party), the New Democratic Party (the Official Opposition), the Liberal Party of Canada, the Bloc Québécois, and the Green Party of Canada. The list of historical parties with elected representation is substantial.• Canadas federal structure divides government responsibilities between the federal government and the ten provinces. Provincial legislatures are unicameral and operate in parliamentary fashion similar to the House of Commons. Canadas three territories also have legislatures, but these are not sovereign and have fewer constitutional responsibilities than the provinces. The territorial legislatures also differ structurally from their provincial counterparts.
  4. 4. Cultural Profile• Canadas culture draws influences from its broad range of constituent nationalities, and policies that promote multiculturalism are constitutionally protected. In Quebec, cultural identity is strong, and many French-speaking commentators speak of a culture of Quebec that is distinct from English Canadian culture. However, as a whole, Canada is in theory a cultural mosaic – a collection of several regional, aboriginal, and ethnic subcultures. Government policies such as publicly funded health care, higher taxation to redistribute wealth, the outlawing of capital punishment, strong efforts to eliminate poverty, an emphasis on multiculturalism, strict gun control, and the legalization of same-sex marriage are further social indicators of Canadas political and cultural values.• Historically, Canada has been influenced by British, French, and aboriginal cultures and traditions. Through their language, art and music, aboriginal peoples continue to influence the Canadian identity. Many Canadians value multiculturalism and see Canada as being inherently multicultural. American media and entertainment are popular, if not dominant, in English Canada; conversely, many Canadian cultural products and entertainers are successful in the United States and worldwide. The preservation of a distinctly Canadian culture is supported by federal government programs, laws, and institutions such as the Canadian Broadcasting Corporation (CBC), the National Film Board of Canada (NFB), and the Canadian Radio-television and Telecommunications Commission (CRTC).
  5. 5. Trading Rules & Policies• Canada and the United States share a common trading relationship. Canadas job market continues to perform well along with the US, reaching a 30 year low in the unemployment rate in December 2006, following 14 consecutive years of employment growth.• The United States is by far Canadas largest trading partner, with more than $1.7 billion CAD in trade per day in 2005. In 2009 73% of Canadas exports went to the United States, and 63% of Canadas imports were from the United States. Trade with Canada makes up 23% of the United States exports and 17% of its imports. By comparison, in 2005 this was more than U.S. trade with all countries in the European Union combined, and well over twice U.S. trade with all the countries of Latin America combined. Just the two-way trade that crosses the Ambassador Bridge between Michigan and Ontario equals all U.S. exports to Japan. Canadas importance to the United States is not just a border-state phenomenon: Canada is the leading export market for 35 of 50 U.S. states, and is the United States largest foreign supplier of energy.• Bilateral trade increased by 52% between 1989, when the U.S.-Canada Free Trade Agreement (FTA) went into effect, and 1994, when the North American Free Trade Agreement (NAFTA) superseded it.[citation needed] Trade has since increased by 40%. NAFTA continues the FTAs moves toward reducing trade barriers and establishing agreed-upon trade rules. It also resolves some long- standing bilateral irritants and liberalizes rules in several areas, including agriculture, services, energy, financial services, investment, and government procurement. NAFTA forms the largest trading area in the world, embracing the 405 million people of the three North American countries.
  6. 6. Trading Rules & Policies• Canada-U.S. Free Trade Agreement (Signed 12-Oct-1987, entered into force 01- Jan-1989, later superseded by NAFTA)• North American Free Trade Agreement (Entered into force 01-Jan-1994, includes Canada, U.S. and Mexico)• Canada-Israel Free Trade Agreement (Entered into force 01-Jan-1997)• Canada-Chile Free Trade Agreement (Entered into force 05-Jul-1997)• Canada-Costa Rica Free Trade Agreement (Entered into force 01-Nov-2002)• Canada-European Free Trade Association Free Trade Agreement (Entered into force 01-Jul-2009)• Canada-Peru Free Trade Agreement (Entered into force 01-Aug-2009)• Canada-Colombia Free Trade Agreement (Signed 21-Nov-2008; Canadas ratification of this FTA is now dependant upon Colombias ratification of the "Agreement Concerning Annual Reports on Human Rights and Free Trade Between Canada and the Republic of Colombia" signed on 27-May-2010)• Canada-Jordan Free Trade Agreement (Signed on 28-June-2009)• Canada-Panama Free Trade Agreement (Signed on 14-May-2010)
  7. 7. Top Products For Exports• Energy(Large Oil and Gases)• Agriculture(Forestry and Grains)• Mining( Nickel, Copper & etc.)
  8. 8. Peculiarities• Canada (Listeni/ˈ kænədə/) is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic to the Pacific and northward into the Arctic Ocean. Canada is the worlds second-largest country by total area, and its common border with the United States is the worlds longest land border.• The land that is now Canada has been inhabited for millennia by various Aboriginal peoples. Beginning in the late 15th century, British and French colonial expeditions explored, and later settled, the regions Atlantic coast. France ceded nearly all of its colonies in North America to Britain in 1763 after the Seven Years War. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces and territories and a process of increasing autonomy, culminating in the Canada Act 1982.• Canada is a federal state governed as a parliamentary democracy and a constitutional monarchy, with Queen Elizabeth II as its head of state. The country is officially bilingual and multicultural at the federal level, with a population of approximately 35 million as of 2013. Canadas advanced economy is one of the largest in the world, relying chiefly upon its abundant natural resources and trade networks, especially with the United States, with which it has had a long and complex relationship.• Canada is one of the worlds most developed nations, with the ninth highest per capita income globally, and the sixth highest ranking in human development. Subsequently, the country performs well in international rankings of education, civil liberties, quality of life, government transparency, and economic freedom. Canada is a recognized middle power and a member of many international institutions, including the G7, G8, G20, NATO, OECD, WTO, Commonwealth of Nations, Francophonie, OAS, APEC, and the United Nations.
  9. 9. Other Pertinent Info• Motto: A Mari Usque Ad Mare (Latin) "From Sea to Sea"• Anthem: "O Canada“• Royal anthem: "God Save the Queen”• Capital : Ottawa• Largest city :Toronto

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