Canada

A very quick recovery

AA1

LOW RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

Updated in October 2021.

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GDP USD 1736bn (World ranking 9, World Bank 2020)
Population 38mn (World ranking 38, World Bank 2020)
Form of state Constitutional parliamentary monarchy
Head of government Justin Trudeau (PM)
Next elections 2023, legislative
  • Politically stable
  • High per capita GDP
  • Robust banking system
  • High data transparency
  • Large oil and gas reserves
  • Diverse GDP
  • Dependence on exports
  • High exposure to the U.S. economy
  • Sensitive to commodity prices
  • High personal debt
  • Government revenues dependent on oil

Trade structure by destination/origin

(% of total, 2020)

Exports Rank Imports
United States 73.4%
1
48.7% United States
China 4.8%
3
14.1% China
United Kingdom 3.8%
3
5.5% Mexico
Japan 2.4%
4
3.2% Germany
Mexico 1.2%
5
2.5% Japan

Trade structure by product

(% of total, annual 2020)

Exports Rank Imports
Petroleum, petroleum products and related materials 14.4%
1
13.3% Road vehicles
Road vehicles 11.5%
2
5.7% Other industrial machinery and parts
Gold, non-monetary (excluding gold ores and concentrates) 4.3%
3
5.5% Electrical machinery, apparatus and appliances, n.e.s.
Metalliferous ores and metal scrap 3.8%
4
4.5% Miscellaneous manufactured articles, n.e.s.
Non-ferrous metals 3.6%
5
4.3% Petroleum, petroleum products and related materials
The Allianz Trade Collection Complexity Score provides a simple assessment of how easy it is to collect debt around the world. The 2022 edition covers 49 countries that represent nearly 90% of global GDP and 85% of global trade.
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