Sunday, May 10, 2015

Canda, our neighbor to the north will have a better agreement on trade.

That is what President Obama stated. He said NAFTA would be eliminated and the new TPP would take it's place. NAFTA will be eliminated, right?

Canada's GDP per capita is $52,210. 

It's over all GDP is $1.827 within a population of 35.15 million citizens.

Canada is considered a High Income OECD member.

Canada is ranked 20th by the IMF and the World Bank.

Agricultural commodities are wheat, barley, oilseed, tobacco, fruits, vegetables; dairy products; fish; forest products.

Industrial products transportation equipment, chemicals, processed and unprocessed minerals, petroleum products and natural gas.

Canadians' life expectancy is 81 years. Primary school enrollments meets 98 percent of the population. 

It carbon footprint is 14.7 metric tons of carbon emissions.

International trade makes up a large part of the Canadian economy. Exports amount to more than 45% of its GDP. The United States is by far its largest trading partner, accounting for about 79% of exports and 54% of imports as of 2008. Canada is one of the few developed nations that are a net exporter of energy. Canada imports mostly machinery and equipment, motor vehicles and parts, electronics, chemicals, electricity and durable consumer goods. This page provides - Canada Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Canada Balance of Trade - was last refreshed on Monday, May 11, 2015.

The housing market in Canada has been strained since the global economic collapse. It is making an uneven return to normal.

May 10, 2015
By Tamsin McMahon

...Several local real estate boards (click here) have already reported their sales numbers for April ahead of the Teranet-National Bank House Price Index due out on Wednesday and Canadian Real Estate Association’s measure of national resale prices set to be released Friday. Nationally, average prices rose 9.4 per cent in March compared to a year earlier, to $439,114. Strip out Toronto and Vancouver, however, and prices rose just 2.4 per cent, the Canadian Real Estate Association said. It’s expected to be more of the same in April, as hot markets in Toronto and Vancouver most likely drove up national home prices once again....