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Home»Economy»Key features of Canada’s economic development

Key features of Canada’s economic development

April 1, 2025

Canada was colonized by Europeans, including the French and English, as early as the late 15th century and was founded as a modern nation in 1867.

It is a prosperous country that can lay claim to the 10th largest GDP in the world, thanks in part to its vast natural resources, significant manufacturing base, and vibrant seafood industry.

Today, Canada is divided into 10 provinces and three territories, with 75% of the population concentrated in just Ontario, Quebec, and British Columbia.

The nation has managed to prosper thanks to a neighbor to the south that shares military and defense interests, not to mention healthy trade and tourism.

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