Maps and Exploration

Economy of Canada

Canada has an advanced and diversified mixed economy. The nation relies upon its abundant natural resources and well-developed international trade networks. As of 2026, it is the eleventh-largest in the world in nominal terms. Its GDP per capita in purchasing power parity (PPP) terms ranks third among G7 countries. Among OECD members, Canada has a highly efficient and strong social security system; social expenditure stood at roughly 23.1% of GDP. The country's average household disposable income per capita is "well above" the OECD average. The Government of Canada formulates economic policy while the Bank of Canada functions as its central bank and implements monetary policy. The Canadian economy ranks low in corruption and income disparity while ranking highly on economic freedom and stability. Canada ranks among the lowest of the most developed countries for housing affordability. It maintains a highly developed banking sector with the Toronto Stock Exchange ranked the tenth-largest stock exchange in the world by market capitalization. Its cooperative banking sector is pronounced with the world's highest per-capita membership in credit unions. Among G20 members, Canada has the second-largest foreign direct investment to GDP ratio and the lowest net debt-to-GDP ratio in the G7.

Also on this shelf

See also

• ▸Chautauqua, New York
• ▸Indigenous languages of the Americas
• ▸Emmanuel Episcopal Church (Pittsburgh)

Uncatalogued shelf

Text from Wikipedia; plate via Wikimedia Commons. Text CC BY-SA 4.0; plate freely licensed (see Commons). Source record. Images and catalogue data are reproduced from open-access collections.