Canada: Economy and Trade

Canada has a highly developed, diversified economy built on natural resources including oil and gas, minerals, and timber, alongside strong manufacturing, financial services, and technology sectors. Agriculture, particularly wheat and canola production on the prairies, remains a significant export industry.

Trade is dominated by an extensive commercial relationship with the United States, formalized through the United States-Mexico-Canada Agreement, alongside growing trade diversification efforts with the European Union and Asia-Pacific partners. Canada is a member of the G7, G20, and the World Trade Organization.