Economy of Canada

Economy of Canada east one of most influential universally, supported by its proximity with the United States and several commercial treaties like the Agreement of free trade canado-American of 1987, and the Agreement of North-American free trade of 1994. Canada has many natural resources and a labor educated what ensures its economic safety for the future, with an average annual growth of 3%. The economy of Canada is 13th larger world according to its GDP PPP.

Budget policy

The budget policy of Canada is stated by the Government of Canada when this one deposits its annual budget with the House of Commons. This policy influences the economy in what milked in particular with the subsidies and allowances allocated by the Government. The budget policy indicates moreover the tax rates on the income as well as the modifications to the rates of the tax of sale, of the tax of excise as well as other types of incomes of the Government of Canada.

Monetary policy

Inflation

" The Bank of Canada aims at maintaining inflation at the rate concerned of 2%, that is to say the median point of the fork targets from 1 to 3%. Although the target of control of inflation is expressed according to the IPC total, the Bank makes use rather of the index of reference to measure trend inflation and to guide its decisions. The rate of increase in this index provides a more reliable measurement of the fundamental tendency of inflation and constitutes a better indicator of the future trend of the IPC global". (extracted taken on the Web site Bank of Canada).

Consumer price index (IPC total) " Measure trend of prices published by Statistique Canada and obtained by comparing the retail price of a typical “shopping basket” of goods and services with two dates différentes". (extracted taken on the Web site Bank of Canada).

Index of reference " Alternative of the consumer price index which excludes eight from the most volatile components of this last (fruits, vegetables, gasoline, fuel oil, the natural gas, interests on the mortgage deeds, interurban transport and tobacco - which accounts for 16% of the basket of the IPC) as well as the effect of the modifications of the indirect taxes on the other components. (Until May 2001, the Bank of Canada used as index of reference the IPC except food, energy and effect of the modifications of the indirect taxes) ". (extracted taken on the Web site Bank of Canada).

Directing rate

The monetary policy of Canada east implemented by the Bank of Canada, which influences short-term interest rates, and this, by announcing the fluctuations with the rise or the fall of its directing rate, the target rate of the financing at one day. While thus influencing the directing rate, the Bank of Canada secures a control on all other interest rates such as the rates of mortgage deeds, personnel, etc Moreover, this influence on the rates can affect the variations of the foreign exchange rate of the Canadian dollar.

Currency

The currency used in Canada:

* One hundred

* Five hundred

* Ten hundred

* Twenty-five hundred

* Fifty hundreds (rare)

* a dollar (In currency since 1986 - 1987)

* Two dollars (In currency since February 19th, 1996)

Related bonds: ( To visit the site of the Canadian royal Currency)

Banknotes used in Canada:

* dollars (impression stopped in 1986 - 1987)
* Two dollars (impression stopped in 1996)
* Five dollars
* Ten dollars
* Twenty dollars
* Twenty-five dollars (Impression stopped in 1937)
* Fifty dollars
* Hundred dollars
* Five hundred dollars (Impression stopped in 1937)
* Thousand dollars (Impression stopped in 2005)

Related bonds: ( To visit the site of the Bank of Canada)

Companies

Primary sector

See also Forestry development in Canada.

Secondary industry

sector of milk

Tertiary sector

See too

List of Canadian companies
Economy of North America

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