What type of economic system does Canada have?

1 Answer
aielliot
Oct 15, 2016

Canada has a Market Orientated Economy much like the United States.

Explanation:

Canada exports a lot of Natural Resources. Oil and Logging are leading Exports. Canada has the second largest Oil reserves in the world. It also has large Natural Gas reserves.

Relatively low cost labor, Social Security, and Health Care make it a stable place for types of manufacturing.
Agriculture and Service industries are also a large part of the Canadian Economy.

Canada is the number one trading partner with the United States.

https://www.reference.com/world-view/type-economy-canada-552d451a326de089#

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