However, its economic activity is mostly attributed to the large proportion of the services-sector, which occupies most of the labor force (71%).
|GDP||US$ 1.839 trillion|
|GDP growth (2012)||1.80%|
|Currency||Canadian Dollar CAD|
|Population below poverty line||10.80%|
Sectors and Occupation
There are several industries you can work in after you graduate. The country’s main sector is services which occupies the majority of the labor force (71%). However, the countries main industries are listed below.
The main industries in the services-sector and industries-sector are:
|Services (71 %)||Industry (27.1 %)|
|Retail sector||Transportation equipment|
|Real estate||Processed and unprocessed materials|
|Communication industries||Food products|
|Education and health industries||Wood and paper products|
|High Tech industries||Fish products|
|Entertainment industries||Petroleum and natural gas|
Ten Largest companies in Canada
Many of the Canadian companies are successful. The biggest of them are listed below. In case you’re interested in working at one of these, don’t hesitate to find out which university provides the appropriate course to study. You find a list of Canadian universities here.
- Royal Bank of Canada
- Bank of Nova Scotia
- Toronto-Dominion Bank
- Bank of Montreal
- Imperial Oil
- Canadian Imperial Bank of Commerce
- Suncor Energy
- BCE Inc.
- Canadian National Railway
- Potash Corporation of Saskatchewan
The economic performance is also reflected in the strength of the Canadian dollar, whose exchange rate is nearly 1:1 to the US$. Canada sends 75% of its exports to the US. This illustrates that Canada benefits from its strong neighbour, resulting in an economic growth of 1.8% in 2012.
Most traded goods
|Imported goods||Exported goods|
|Machinery and equipment||Motor vehicles and parts|
|Motor vehicles and parts||Industrial machinery|
|Durable consumer goods||Plastics|