Canada Tenders


Capital Ottawa
ISO 3166 Code CA
Population 35,675,834
Area, Sq KM 9,889,000
Currency Canadian Dollar
Official Language French, English
GDP, Billion USD 18,26,769
GDP Growth Rate, % 2.3
Inflation, Avg CP, % Chng 0.75
Interest Rates, % N/A
Unemployement Rate, % 7.03
Exchange Rate, 1 USD Equals 1.23
International dial code 1
Time Zone GMT-04:00
Internet TLD .ca

Canada is located in North America and comprises of three territories and ten provinces. It extends northward to the Arctic Ocean and Pacific from the Atlantic. The total area covered by this country is estimated to be approximately 9.98 million square kilometers. Canada is the fourth largest country in terms of land area and second largest in terms of total area in the world. The common border between Canada and the United States form the longest land border in the world. Since the end of glacial period, this country has consisted of eight forest regions and there are 31,700 large lakes in the country. Therefore Canada contains most of the fresh water in the world compared to any other country. Aboriginal people inhabited the land which is now known as Canada for several millennia. Later, in the beginning of 15th century, French and British colonies were established. In the year 1867, three colonies aligned to form the autonomous federal dominion of Canada. The country is a constitutional monarchy and federal parliamentary democracy and is officially a bilingual country at the federal level. It is also one of the most multicultural and ethnically diverse countries in the world. Due to large scale immigration from other countries, the current population of the country is estimated around 35 million. Canada is one of the wealthiest countries in the world and is also a developed country. Canada has eight highest ranking in Human Development Index and tenth highest nominal per capita income globally. The economy of Canada is also considered one of the largest in the entire world and it relies heavily upon the natural resources it has along with international trade networks which are quite well developed. When it comes to economic freedom, standard of living, education, civil liberties and government transparency, the rank of the country is one of the highest among others in International measurements. Having the World’s eleventh largest economy, Canada has a nominal GDP of 1.70 trillion USD approximately. With a highly globalized economy, it is also one of the top ten trading nations in the world. Canada is a mixed economy and the Toronto Stock Exchange happens to be the seventh largest stock exchange in the world. The worth of the imported goods was reported to be 523 billion dollars and that of exported goods, C$528 billion. Since the beginning of 20th century, the mining, manufacturing and service sectors and their steady growth have transformed the country’s economy to an industrialized and urbanized one from a largely rural economy.

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