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Canada at a Glance

Published on May 2016 | Categories: Types, Business/Law, Marketing | Downloads: 24 | Comments: 0

Canada as a Glance is a fact sheet which provides information on population, geographic features, economic activity, and much more.http://www.InvestInCanada.gc.ca



Canada At a Glance
Bering Sea Chukchi Sea
Bering Strait


Norwegian Sea Greenland Sea


Beaufort Sea



Denmark Strait



Canada’s total population grew by an annual average of less than 1% between 2001 and 2006, the second highest among the G7 industrialised countries and just behind the U.S. Immigration made up about two thirds of the increase in population between mid-2005 and mid-2006, with priority given to high-skilled workers. According to the 2006 World Competitiveness Yearbook, Canada has the highest percentage of individuals achieving at least college or university education among those 50 countries surveyed.
Gulf of Alaska



Baffin Bay

Yukon Territory

Great Bear Lake

Davis Strait
Port Radium


Northwest Territories


Prince Rupert

Great Slave Lake

Hud son Stra it

Rankin Inlet

Lake Athabasca

Hudson Bay
Fort McMurray Churchill Inukjuak

Ungava Bay

Labrador Sea

Total Population Population Growth Rate Population Distribution by Sex

British Columbia
Prince George


Kamloops Red Deer


Newfoundland and Labrador
Labrador City

32,270,507 1.2%


Lake Winnipeg

Vancouver Seattle



St. John's
Corner Brook

Men Women
Population Distribution by Age Group

49.5% 50.5%





Thunder Bay


Gulf of St. Lawrence

Lake Nipigon

Prince Edward Island

Charlottetown Québec Fredericton
L. Superior

Lake Sakakawea


Lake Oahe

Trois-rivieres North Bay

Nova Scotia


New Brunswick

L. M


ich ig

0-14 15-64 65+
Population of Main Metro Areas

17.6% 69.3% 13.1%
San Francisco
Great Salt Lake


L. Huron

L. Ont ario

Salt Lake City

U. S. A.

Milwaukee Chicago

Hamilton Detroit


Rochester Buffalo Windsor rie L. E Cleveland New York


Toronto Montréal Vancouver Ottawa-Gatineau (Capital) Calgary Edmonton Québec Hamilton Winnipeg London

5,304,090 3,635,733 2,208,333 1,148,785 1,060,007 1,016,007 717,641 714,935 706,854 464,304

Canada is the second largest country in the world, covering the entire northern part of the North American continent except for Alaska (the provinces of British Columbia and Ontario are each four times as large as Great Britain). The land area is 9,093,507 sq. km (excluding freshwater areas). Surrounded by the Arctic, Atlantic and Pacific Oceans, Canada has the world’s longest coastline (243,792 km). The southernmost point of land, Point Pelee in Ontario, is farther south than Rome while the northernmost tip of land on Ellesmere Island is close to the North Pole.

Canada shares a common border with the United States of America that � ����� stretches across 8,893 km. Of Canada’s 20 largest cities, 17 are within an hour and a half drive of the U.S. border. ��������������������������� In the centre of the country, the climate is continental with warm summers (July average 15-25°C) and cold, snowy winters (January average -16 to -6°C). The maritime climates of the east and west coasts tend to be somewhat milder in winter and cooler in summer.


In 2005-06, Canada reported its ninth consecutive budget surplus and its tenth consecutive balanced budget. The surplus was used to bring the federal government’s debt down to 35% of GDP, its lowest level in 24 years. Canada was a top performer among the G7 in GDP growth over the 2002-05 period and is expected to continue its dynamic performance in 2006-08. With 54 per cent of its population employed, Canada’s labour force to population ratio ranks ahead of all other G7 nations. The unemployment rate was 6.8% in 2005, remaining close to the lowest rate in 30 years, and having fallen gradually from around 8% at the beginning of 2002. Canada also enjoys the lowest overall labour costs in the G7. Characteristics of the Main Productive Sectors The economy is well diversified. Services provide the greatest contribution to GDP, accounting for 68.9% of GDP in 2005. In 2006, Canada was the lowest-cost country in which to do business among the G7 for the sixth consecutive time, with costs significantly below those in the United States and Europe. Canada is the lowest-cost G7 country in 12 of 17 industries analyzed in the 2006 KPMG Competitive Alternatives report, including aerospace, chemicals, electronics, medical devices, pharmaceuticals, clinical trials, precision manufacturing, telecommunications, biotechnology, software design, Web and multimedia and corporate service centres.

Gross Domestic Product by Sector
(chained 1997 dollars, millions of $)

2005 Value
Goods sector Services sector 331,607 733,291


31.1% 68.9%

Gross Domestic Product by Industry
(chained 1997 dollars, millions of $)

Personal computer ownership in 2004 was 689 per 1,000 persons. Canadians used the Internet at a rate of 629 per 1,000 persons in 2004. For the same year, Canada ranked 3rd in a 60-country study of broadband subscribers, with a rate of 147 per 1,000 persons. The value of all business purchases by Canadians on the Internet totalled $39.2B in 2005, an increase of 38% from $28.3B in 2004. Among retail businesses, 42% had a website in 2005, up from 38% in 2004. The federal government has invested heavily in the electronic infrastructure to encourage and facilitate e-commerce and e-government. Over the past few years, Canada has ranked at or near the top in government Internet services among 22 countries (Accenture). All federal government departments can be contacted for information or to make electronic filings through the main website (www.canada.gc.ca), which also provides links to every provincial government. The country has a large industrial base and the manufacturing sector improved its competitiveness during the 1990s. In 2005, the industry sector

equalled 28.6% of GDP (includes mining and oil and gas extraction; manufacturing; construction and utilities). The primary sector plays an important role, accounting for one quarter of exports and 5.8% of GDP. Canada’s resource sector has become extremely technologically advanced—this sector’s exciting productivity gains are one reason that resource exports are still vital to the Canadian economy. In 2005, Canadian mineral production (in ‘000 tons) was: copper 573 (refined 515), nickel 182, lead 73 (refined 110), zinc 621 (refined 723), iron ore 30,125; and, (in tonnes) gold 119, silver 1,060 and uranium 12.6. The agriculture sector totalled 2.2% of GDP in 2005 with farm receipts for animal products totalling $18,462M and $13,500M for crops. The sectors with the highest foreign investment in 2005 were finance and insurance ($89,107M) and energy ($81,887M).

2005 Value
Agriculture & fishing Mining Utilities Manufacturing Construction 25,488 38,865 27,948 174,987 63,689 51,241 65,997 62,219 213,985 24,183 47,535 8,996 43,383 23,221 60,704 47,073 59,462 26,225


2.4% 3.6% 2.6% 16.4% 6.0% 4.8% 6.2% 5.8% 20.1% 2.3% 4.5% 0.8% 4.1% 2.2% 5.7% 4.4% 5.6% 2.5%

Labour Force Statistics (thousands)
2005 Value
Employed Full-time Part-time Employed - Annual % change Participation rate Unemployment rate 16,169 13,204 2,965 1.4% 67.2% 6.8%

Transportation Wholesale trade Retail trade Finance Administrative & support Professional & related Recreation Info. & cultural Accom. & food

Commercial Rising employment and lower taxes have supported growth in consumer purchases. Statistics Canada reported in June 2004 that real consumer spending grew by an average of 3.1% from 2000 through 2003, faster than average GDP growth of 2.3%. Total retail sales in 2005 amounted to $368B, a 4.7% increase over 2004. The automotive sector, including new-car dealers, suppliers of used vehicles and parts and petrol stations, accounted for about 24% of the total, followed by supermarkets at 17%. Banks The Bank of Canada is the central bank. According to Moody’s Financial Strength Ratings, Canadian banks stand first among G7 countries in credit worthiness. The financial services sector is dominated by six large domestic banks: Bank of Montreal, National Bank of Canada, Royal Bank, ScotiaBank, TD Bank, CIBC. All of these have offshore branches or affiliates. In addition to domestic banks, 70 foreign banks operate in Canada.

Industrial price index Consumer price index 1.6% 2.2%

Health & social Educational Public administration Other services

Gross Domestic Product (current prices, million of $)
2005 Value %
GDP at market prices Private consumption Public consumption Gross fixed capital formation Change in stocks Exports of goods and services Imports of goods and services
Real increase of GDP - 2005


National Government Canada is a constitutional monarchy. The prime minister is the head of government. The legislative branch comprises an elected House of Commons and an appointed Senate.

The legal system in Quebec is different from the rest of Canada, following a French-style civil code rather than British common law. Tax System Canada has the lowest effective corporate income tax rates for research and development (R&D) operations in the G7 and one of the lowest corporate income tax rates for manufacturing operations. This low rate is the result of Canada’s five-year tax reduction plan, which leveled the playing field between the manufacturing and service sectors and reduced the average corporate tax rate to 4.5 percentage points below the average American rate. Fiscal measures introduced in the 2006 federal budget will raise this rate advantage for manufacturing to 5.1% by 2010. Besides income and capital taxes, the federal government and nine of the 10 provinces collect a consumption tax on goods and services. The federal goods and services tax (GST) of 6% is a type of value-added tax. Standardization and Certification of Products Canada has no significant restrictions on transfers of technology. Regulatory agencies become involved if an industry or product is subject to broad regulation, such as food, drugs and textiles, in order to ensure they comply with national standards of quality and safety. Some goods are restricted or prohibited such as firearms and other weapons. Protection of Patents and Trademarks Patents, trademarks, copyrights, industrial designs (including integrated-circuit topographies) and plant breeders’ rights are recognized in Canada. Trade secrets are also protected through provincial law. Licensing of proven technology specifies whether patent rights are exclusive or non-exclusive, regional or national in scope, and whether there are restrictions on what can be produced with the technology. They also specify the kinds of defaults on payments that will result in cancellation of a licence. Intellectual Property Canada’s level of protection for patents and trademarks conforms to general standards in Europe and the United States. Canada is a signatory to the Paris Convention on Intellectual Property, the International Patent Co-operation Treaty and the World Intellectual Property Organisation’s treaties on copyright. The Canadian Intellectual Property Office (CIPO) is the main agency responsible for processing and registering intellectual property claims, however it is not an enforcement agency. As of July 2004, CIPO has operated as an International Searching Authority and International Preliminary Examining Authority under the Patent Co-operation Treaty.

1,371,425 760,380 264,242 284,048 11,185 519,680 467,673

100.0% 55.4% 19.3% 20.7% 0.8% 37.9% 34.1% 2.9% 2.6%

Average GDP Growth - 2000-2005 (chained 1997 dollars, 2005)
GDP per capita

(current prices, 2005)


Languages Federally, the two official languages are English and French. Federal agencies and some provinces provide bilingual service. The official language in the province of Quebec is French. Canada has one of the world’s most multilingual societies. With over 100 languages identified as the mother tongue (Statistics Canada, 2001), the top 10 spoken in Canada are: English 58.6%, French 22.6%, Chinese (includes Mandarin, Cantonese, Hakka and other Chinese languages) 2.9%, Italian 1.6%, German 1.5%, Punjabi 0.9%, Spanish 0.8%, and Portuguese, Polish and Arabic all 0.7%. Religions Roman Catholic 43.6%; Protestant 29.2%; Christian Orthodox 1.6%; Christian not included elsewhere 2.6%; Muslim 2.0%; Jewish 1.1%; Buddhist 1.0%; Hindu 1.0%; other 5.6%; no affiliation 16.5%.

Provincial and Territorial Governments There are 10 provinces and three territories, with the provinces having wide jurisdiction in many areas, such as natural resources, education, healthcare, direct taxation, civil law and provincially incorporated companies. The two levels of government (federal and provincial) share power in some areas, such as agriculture, immigration and old-age pensions. Municipal governments operate under provincial jurisdiction.

Trade and Economic Organization Memberships
• Asia Pacific Economic Co-operation • Commonwealth • Group of Eight (G8) • International Monetary Fund • La Francophonie • North Atlantic Treaty Organisation • Organisation for Economic Co-operation and Development • Organisation of American States • United Nations (and its subsidiary agencies) • World Bank • World Trade Organisation

Foreign direct investment in Canada has more than doubled since 1990. Increasingly more foreign investment in Canada goes to knowledgebased industries in high-tech manufacturing such as electronics, communications and chemicals. Some of this investment is motivated by one of the most generous R&D incentives in the world. In 2005 exports of goods and services accounted for 38% of GDP and supported an estimated one third of all Canadian jobs. Canada ranked first in the G7 as the best place in which to conduct business over the five-year period 2007-2011, according to the Economist Intelligence Unit. This ranking is based on the fact that Canada has world-class infrastructure, excellent market opportunities and sound business environment.

Exchange Rates
Can. Dollar per U.S. Dollar 2000 2001 2002 2003 2004 2005 Imports 2005
1.49 1.55 1.57 1.40 1.30 1.21

Can. Dollar per Euro
1.37 1.39 1.48 1.59 1.62 1.51

Foreign Trade by Industry (millions of $)
Exports 2005 Value
Oil and gas extraction Automobile and light-duty motor vehicle manufacturing Petroleum refineries Paper mills Sawmills and wood preservation Aerospace product and parts manufacturing Alumina and aluminum production and processing Non-ferrous metal (except aluminum) smelting and refining Resin and synthetic rubber manufacturing Veneer, plywood and engineered wood product manufacturing Other exports 66,243 54,026 14,709 11,916 11,189 10,976 8,300 7,496 6,834 6,329 238,175

15.2% 12.4% 3.4% 2.7% 2.6% 2.5% 1.9% 1.7% 1.6% 1.5% 54.6% Automobile and light-duty motor vehicle manufacturing Oil and gas extraction Computer and peripheral equipment manufacturing Other motor vehicle parts manufacturing Pharmaceutical and medicine manufacturing Aerospace product and parts manufacturing Motor vehicle gasoline engine and engine parts manufacturing Semiconductor and other electronic component manufacturing Navigational, measuring, medical and control instruments manufacturing Iron and steel mills and ferro-alloy manufacturing Other imports

29,568 25,550 13,634 11,981 9,994 9,254 8,693 8,345 7,650 7,188 248,904

7.8% 6.7% 3.6% 3.1% 2.6% 2.4% 2.3% 2.2% 2.0% 1.9% 65.4%

Foreign Direct Investment Stocks by Industry (millions of $)
Inward 2005 Value
Wood and paper industry Energy Metallic minerals and metal products Machinery and equipment Transportation equipment Finance and insurance industry Services and retailing industry Food, beverage and tobacco Chemicals, chemical products and textiles Electrical and electronic products Construction and related activities Communications 13,474 81,887 26,433 15,215 35,914 89,107 41,943 24,077 41,122 27,641 10,469 8,279

Outward 2005 Value
10,100 54,467 49,681 5,971 17,493 206,753 57,946 9,156 13,577 20,838 7,694 11,382

3.2% 19.7% 6.4% 3.7% 8.6% 21.4% 10.1% 5.8% 9.9% 6.7% 2.5% 2.0%

2.2% 11.7% 10.7% 1.3% 3.8% 44.5% 12.5% 2.0% 2.9% 4.5% 1.7% 2.4%

Foreign Trade by Country (millions of $)
Exports 2005 Value
United States Japan United Kingdom China Mexico Germany South Korea France Belgium Netherlands Rest of the World 365,741 9,170 8,254 7,103 3,365 3,236 2,821 2,538 2,287 2,194 29,486

Foreign Direct Investment Stocks by Country (millions of $)
Imports 2005 Share
83.8% 2.1% 1.9% 1.6% 0.8% 0.7% 0.6% 0.6% 0.5% 0.5% 6.8% United States China Japan Mexico United Kingdom Germany Norway South Korea France Italy Rest of the World

Inward 2005 Value
215,146 29,514 14,788 14,594 10,424 10,263 6,061 5,374 4,994 4,584 65,018

Outward 2005 Value Share
64.1% 7.2% 6.8% 5.2% 3.1% 2.6% 2.3% 1.5% 0.9% 0.8% 5.4% United States United Kingdom Barbados Ireland Bermuda France Cayman Islands Netherlands Australia Brazil Rest of the World

56.5% 7.8% 3.9% 3.8% 2.7% 2.7% 1.6% 1.4% 1.3% 1.2% 17.1% United States United Kingdom France Netherlands Switzerland Japan Germany Hong Kong Brazil Luxembourg Rest of the World

213,746 42,714 34,726 19,487 13,566 12,262 11,048 9,912 8,220 8,018 91,359

46.0% 9.2% 7.5% 4.2% 2.9% 2.6% 2.4% 2.1% 1.8% 1.7% 19.6%

266,532 29,888 28,442 21,736 13,048 10,804 9,356 6,274 3,667 3,437 22,377

Canada is the top-ranked country in the OECD for both the lowest number of procedures (2) and the shortest duration for completion (3 days) of the process of establishing an industrial or commercial business, according to the World Bank Group. Trade System Under the North American Free-Trade Agreement (NAFTA), Canada has guaranteed access to the North American market, including Mexico—over 440M people with a combined GDP of over $16.0 trillion. In addition to eliminating tariffs, NAFTA provides procedures for border facilitation; movement of personnel; investment and intellectual property protection; and, product certification. Canada has adopted the international Harmonized Coding System to classify goods. Two programs help importers recover duties paid in certain circumstances: the DutyDrawbacks Program and the Duty-Relief Program. More information is available through the Canada Border Services Agency (CBSA). Importers may choose to use customs brokers as agents to handle imports and to deal with the CBSA. Investment System The chartered banks own the largest investment dealers, which are also the largest underwriters of new securities. Canada has three specialized securities-trading markets. The largest is the Toronto Stock Exchange (TSX). The Montréal Exchange specializes solely in trading derivatives. Shares of mining companies and other junior or speculative issues are generally traded on the TSX Venture Exchange. Export Development Canada provides trade finance and risk management services to Canadian exporters and foreign investors, including loans to foreign buyers, accounts receivable insurance to protect against non-payment, as well as other types of financing products. Tariffs Canada has a harmonized tariff system. The mean tariff rate for all goods was set at 1.1% in 2002. Products traded with the United States and Mexico fall under the terms of NAFTA and most tariffs were eliminated in 2004. Goods subject to quotas or restrictions that require an import permit include: textiles and clothing; raw steel; farm products such as poultry, eggs, beef and veal, dairy products and some grains. Canada-U.S. Border Issues The North American market is serviced through a well-integrated transportation system, which is among the world’s best. Automated permit ports, transponder identification systems and joint processing centres are being tested and deployed for easy movement of goods. The FAST and NEXUS programs that were developed under the 2001 Canada-U.S. Smart Border Declaration ensure that trade and investment continue to flow easily between the two countries. As a result, border wait times today average less than 10 minutes—one of the most efficient systems in the world.

Canada’s truck, air and rail services are fully integrated with U.S. networks, providing efficient access to consumers and suppliers throughout North America. Under the Canada-U.S. Smart Border Action Plan, Canada is working with the U.S. to strengthen the Government’s capacity to deliver secure and efficient border services, including the secure flow of people, the secure flow of goods, secure infrastructure, and information sharing and coordination in the enforcement of these objectives. Asia-Pacific Gateway On October 11, 2006, Prime Minister Harper announced the Asia-Pacific Gateway and Corridor Initiative, an integrated set of investment and policy measures that is set to strengthen Canada’s competitive position in international commerce. The Initiative delivers significant new public investment—$1 billion overall, including $321 million in immediate projects for a variety of infrastructure, transportation technology and border security projects. The Initiative aims to address emerging bottlenecks and multi-modal transfer points, and cement the reputation of the Gateway and Corridor as a reliable, efficient and secure connection between North America and Asia. Roads Canada is ranked first for road provision among all of the G7 countries. In 2004, the Canadian road network consisted of 1.4M km of roadways, of which 85% are urban or local rural roads. The Trans-Canada Highway is the longest highway in the world at 7,821 km, linking all 10 provinces. Freight tonnage carried every year on Canadian highways is estimated to be close to 400M tonnes. Railways Canada’s railway system is the third largest among OECD countries at 73,000 kilometres, with significant links into the United States. There is also easy access to Canada’s major ports and to interior communities through truck-rail intermodal service. In 2004, Canadian railways moved 260.8M tonnes of freight.

Ports Canada has the world’s longest inland waterway open to ocean shipping—the Great Lakes/ St. Lawrence Seaway System. The Seaway provides a direct route to the industrial heart of North America and handles some 200M tonnes of cargo each year. There are 300 commercial ports and harbours handling many goods shipped in and through Canada. Major ports include Vancouver, Montréal, Halifax, Port-Cartier, Septˆles/Pointe-Noire, Saint John and city of Québec. I Vancouver is Canada’s largest port and the main terminal for goods being shipped to the Asia-Pacific region. Airports Canada’s air transportation system includes 10 major international airports and over 300 smaller ones. In 2005, air traffic transported approximately 83.9M passengers and 1,379 metric tonnes of merchandise. Toronto is the busiest airport in the country, accounting for almost one-third of all traffic.

Currency The currency is the Canadian dollar, divided into 100 cents. There are notes of 5, 10, 20, 50 and 100 dollars; and coins of one, five, 10, 25 and 50 cents as well as one and two dollar coins. Standard Time Canada has six time zones. From the first weekend of November to the second weekend of March standard time applies as below. The rest of the year Daylight Saving Time applies (except in Saskatchewan). • Hours behind GMT • Newfoundland (island) 3.5 • Maritime Provinces 4 • Eastern zone 5 • Central zone 6 • Mountain zone 7 • Pacific zone 8 Entrance Requirements Visitors arriving from abroad require a valid passport. Visitors from many countries will also need a Temporary Resident’s Visa (TRV) to enter or transit Canada. It is best to check with the nearest Canadian Embassy or Consulate, or check the Citizenship and Immigration Canada website at: www.cic.gc.ca Health Care System Canada has a national health care system for citizens and permanent residents. The system benefits business in two ways: it helps maintain a healthy work force, and it drastically reduces employee benefit costs. In 2006, KPMG studied the comparative cost of statutory benefits plus other employer-sponsored plans, as a percentage of payroll. This critical combination of costs was lower in Canada than in any other G7 country. The Government of Canada provides predictable support to provinces and territories through the Canada Health Transfer (CHT). Cash transfers are legislated to increase by 6 per cent annually up to 2013-14. This means an additional $1.1 billion in 2006-07 and $1.2 billion more on top of that in 2007-08 in support of provincial-territorial health systems, and growing every year thereafter. In addition to the CHT, $5.5 billion in wait times reduction funding will be provided to provinces and territories from 2004-05 to 2013-14 as part of the 10-Year Plan. Connections from Canada • By Air Most major international carriers have direct or connecting flights to Canada. The majority of visitors arriving on overseas flights will enter via Toronto, Montréal or Vancouver airports. • By Sea Passenger traffic via sea to Canada is somewhat limited by the number of carriers, but there is a fair amount of cruise ship traffic in summer. • By Land There are 12 major road border crossings with the United States and a host of smaller ones. Many CBSA customs offices offer service 24 hours a day. Electrical Current All of North America uses 110 volts for most residential and commercial purposes.

Government of Canada

Invest in Canada Bureau
E-mail: [email protected] www.investincanada.gc.ca

Bank of Canada

Canada Border Services Agency

Working Hours • Banks Generally, banks are open Monday to Friday from 8 or 9 a.m. to 6 p.m. Some banks (or branches) have extended hours during the week and are open part of the day on Saturdays. • Public Offices Office hours for all levels of government tend to be 8:30 a.m. – 4:30 p.m. • Shops Shopping hours vary widely from province to province and within municipalities. Generally, food stores have the longest hours (e.g., 8 a.m. - 8 p.m.) and are open daily except for statutory holidays; large cities have some 24hr supermarkets, drugstores and convenience stores. Vacations and Holidays Vacations: Governed by provincial labour laws and union contracts. Many employees receive only two weeks annual vacation but those with longer service may receive four or five weeks. Holidays: January 1st, Easter Friday or Monday, Victoria Day (May), July 1st (Canada Day), first Monday in September, second Monday in October, November 11th, December 25th and 26th. Additional holidays apply in specific provinces, notably June 24th in Quebec and the first Monday in August in most provinces.

Canada Revenue Agency

Canadian Tourism Commission

Citizenship and Immigration

Foreign Affairs and International Trade Canada

Human Resources and Social Development Canada
www.hrsdc.gc.ca www.servicecanada.gc.ca
Cat No. FR5-7/2007E-PDF ISBN 978-0-662-43142-8

Service Canada Transport Canada

*Unless otherwise specified, all funds are in Canadian dollars.

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