ada has excellent economic prospects. However,
the continuing constitutional impasse between English- and French-speaking
areas has observers discussing a possible split in the confederation;
foreign investors are becoming edgy.
GDP:
purchasing power equivalent - $521.5 billion, per capita $19,400; real
growth rate -1.1% (1991 est.)
Inflation rate (consumer prices):
4.2% (November 1991, annual rate)
Unemployment rate:
10.3% (November 1991)
Budget:
revenues $111.8 billion; expenditures $138.3 billion, including capital
expenditures of $NA (FY90 est.)
Exports:
$124.0 billion (f.o.b., 1991)
commodities:
newsprint, wood pulp, timber, crude petroleum, machinery, natural gas,
aluminum, motor vehicles and parts; telecommunications equipment
partners:
US, Japan, UK, Germany, South Korea, Netherlands, China
Imports:
$118 billion (c.i.f., 1991)
commodities:
crude petroleum, chemicals, motor vehicles and parts, durable consumer
goods, electronic computers; telecommunications equipment and parts
partners:
US, Japan, UK, Germany, France, Mexico, Taiwan, South Korea
External debt:
$247 billion (1987)
Industrial production:
growth rate -3.8% (August 1991); accounts for 34% of GDP
Electricity:
106,464,000 kW capacity; 479,600 million kWh produced, 17,872 kWh per capita
(1991)
Industries:
processed and unprocessed minerals, food products, wood and paper products,
transportation equipment, chemicals, fish products, petroleum and natural
gas
Agriculture:
accounts for about 3% of GDP; one of the world's major producers and
exporters of grain (wheat and barley); key source of US agricultural
imports; large forest resources cover 35% of total land area; commercial
fisheries provide annual catch of 1.5 million metric tons, of which 75% is
exported
Illicit drugs:
illicit producer of cannabis for the domestic drug market; use of
hydroponics technology permits growers to plant large quantities of
high-quality marijuana indoors; growing role as a transit point for heroin
and cocaine entering the US market
:Canada Economy
Economic aid:
donor - ODA and OOF commitments (1970-89), $7.2 billion
Currency:
Canadian dollar (plural - dollars); 1 Canadian dollar (Can$) = 100 cents
Exchange rates:
Canadian dollars (Can$) per US$1 - 1.1565 (January 1992), 1.1457 (1991),
1.1668 (199
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