Study / Canada's Economy

Chapter 10 of 12

Canada's Economy

Canada's economy: industries, trade, and money.

Three main types of industry

  • Service industries — most Canadians work here (transportation, education, healthcare, construction, banking, communications, retail, tourism, government).
  • Manufacturing industries — paper, high tech, aerospace, automobiles, food.
  • Natural resources industries — forestry, fishing, agriculture, mining, energy. About 1 in 10 Canadians works in these industries.

Trade

  • The United States is by far Canada's largest trading partner.
  • Canada has trade agreements with countries around the world.
  • Canada is a member of the G7, G20, OECD, the WTO, and the United Nations.

Money

  • The Canadian dollar is Canada's currency.
  • The Royal Canadian Mint produces Canadian circulation coins.
  • The Bank of Canada is Canada's central bank.

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