Money/currency system

Citations - https://www.worldatlas.com/articles/important-facts-related-to-the-economy-of-canada.html

By Noah Larson

• Canada’s economy is unique with a 40:60 private to public job ratio and also because the service industry employs ¾ of Canadians.
• The economy of Canada has a GDP of 1.6 trillion because of its great contributions from Services, industry and agriculture they also have a debt of $582 CAD.
• The Service industry is very dominant in Canada but some other important parts are transport, timber, paper products, minerals, natural gas and minerals such as gold.
• The US is a major export to Canada, collecting mostly motor parts, plastics, aircraft, telecommunications equipment, chemicals, fertilizers, wood pulp, timber, crude petroleum, natural gas, and aluminum.
• The main export partners of Canada are US, China, Japan, Mexico, India, and South Korea.
• Canada also spent a lot on imports, 547.874 billion to be precise, collecting mostly machinery and equipment, crude oil, chemicals, motor vehicles and parts, electricity, and durable consumer goods.
• Canada mainly gets its goods from the US, China, Mexico, Germany, Japan, the UK, and South Korea.
• There are some challenges though like them being over reliant on natural goods and this has had an effect on the environment like decline of animals and forests.