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Home > Country Profile > Canada Economy, People, Culture, Flag

Canada Economy

People of Canada

Most of the people in

Canada

  are ethnically British or French, but other people from other European countries are also present and indigenous peoples are the majority in the north. Most Canadians live in cities, and most of the cities are close to the southern border. The largest urban areas are in Québec and Ontario provinces, or central Canada, where some two-thirds of the population lives.

French and English are the official languages, though English is more widely spoken than French. Canada sees many people immigrating to its land, though this group still remains a minority. The people of Canada are mostly literate and maintain a high standard of living.

Arts, Culture and Music of Canada

Canada has a variety of artistic cultures. The interest of the people in dance and music gets clearly reflected in symphony orchestras, opera companies, classical and modern dance groups, and live theater, which are quite common in Canada. The musicians of Canada have made a mark not just in their country but also across the globe. The same goes for the writers who have also gained worldwide recognition, the painters, the sculptors, filmmakers, and architects.

Flag of Canada

The flag of Canada is made up of two vertical bands of red (along the hoist and fly side and is half width), with a white square between them. The white square has an 11-pointed red maple leaf in the center. The official colors of Canada are red and white.
Please click here to view the Flag of Canada

Economy of Canada

The economy of Canada is quite advanced and most of the people enjoy high standard of living. In fact,

Canada has an abundance of natural resources, such as forests, minerals, fish, and hydroelectric power, all of which has helped Canada focus their economic development on the export of raw materials and around 33.6 percent of its GDP is dedicated to exports. This has in turn led to the conservation of the resources, which is a top priority of the nation.

Since the recession of the early 1990s, The Canadian economy has grown more rapidly than the other developed countries. The success can be attributed to several factors, including low inflation, low interest rates, and a low Canadian dollar (with respect to other major currencies), all of which helped exports to grow. During the year from 1986 to 1995, the Canadian economy grew 20.4 percent and reached a GDP of C$776.3 billion, representing a per-capita income of C$25,900. In 1999 it was C$976.7 billion. The mining, communications, utilities, trade, and financial services sectors grew the most in output, while employment growth was greatest in nongovernmental services. At the same time, the proportion of GDP accounted for by federal government expenditure decreased from 23.1 to 15.2 percent, the result of the sale of several large government-owned corporations as well as reduced program spending.

Related Links
Canada Location Map  |  Canada Political Map  |  Country profile of Canada  |  Economy of Canada  |  Indo-Canada Economic Relations  |  Flag of Canada  |  Economy in Canada  |  Insurance in Canada  |  Mortgage in Canada  |  Canada Fast Facts |  Polar Bear Tour

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