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Introduction
and Geography |
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Canada
is the second largest country in the world after Russia. Canada
encompasses territory from the Atlantic to the Pacific, and from
the high Arctic to the northern border of the continental U.S.A.
Although very much a "northern" country, the terrain and
geography of Canada is very diverse. As well as the popular image
of Canada as a country of pristine forests and snowy vistas, there
are also deserts and badlands, temperate rain forests and long and
wide beaches. Canada has huge inland lakes, seemingly eternal prairies
and evergreen forests, woodlands and meadows. Canada's coastlines
are thousands of miles long, with fjords, and long, wild rivers
leading to the oceans.
In
contrast to the expanses of open country, Canada also has its share
of urban areas. The majority of the population and heavy industry
is in the two provinces of Quebec and Ontario, but large and modern
cities are spread across the land from the Atlantic to the Pacific,
all within a few hours drive, at most, from the border with the
United States. Commerce is active throughout the country, Vancouver
in the west and Halifax in the east are both major ports with trade
to every corner of the world. Alberta is a major oil and gas producer.
The Prairie Provinces (Alberta, Manitoba and Saskatchewan) with
their vast fields of grain help to feed the world. The fisheries
on both the West and the East Coast are widespread. Oil and natural
gas have recently been discovered off the East Coast. The Trans-Canada
Highway links the country from coast to coast, there is an extensive
network of railways, and a widespread network of airline routes
serving both major and remote communities.The rural areas are less
populated, with more and more people leaving for the larger towns
and cities. The lands to the north are much less developed, but
as some of these areas are utilized for their ample natural resources,
populations are growing. |
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Government
and Politics
Canada is a parliamentary democracy with a federal political system.
Each province or territory has its own democratically elected provincial
legislature headed by a premier, and also sends elected representatives
to the federal parliament in Ottawa. The House of Commons is the
main federal legislature. The prime Minister is the head of the
political structure, as well as an elected member of the House of
Commons where he must be able to command a majority. Bills passed
in the Commons are forwarded to an upper chamber, the senate, for
ratification. At present, the priminister appoints senators, although
there is increasing pressure to make the upper chamber too. The
nominal head of state in the British monarch, currently Queen Elizabeth
II, and Her Canadian representative is the Governor-General.
In
recent years, the dominant political trend in Canadian politics
has been regionalism. The provinces have sought to take back power
from the center, which makes it difficult for any one political
party to win majority support in all parts of the country at any
one time.
Canada
has played its part in the major events of the 20th century, including
both world wars, and today holds a prominent position in international
politics. The country is a member of NATO and one of the Group of
Eight (G8) countries, which, with the US, UK, Italy, Japan, France,
Germany, and Russia, decide on world trade agreements.
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Economy
With
a population of 30 million and a GDP exceed $830 billion, Canada
is one of the world's largest economies. A member of the G7 group
of leading industrial countries, Canada enjoys an enviable standard
of living, an excellent infrastructure, a highly educated and skilled
labour force as well as a well-deserved reputation as a successful
trading nation.
State
of the Economy
The Canadian economy is strong. Since 1994, Canada's economic performance
has been characterized by growth, low inflation, stable unit labour
costs, improved cost competitiveness, record exports, and a healthy
level of business investment.
Among the G-7 countries - the most developed economies in the world
- Canada ranks highly in per capita purchasing power. The country's
level of exports has never been higher. This is due to improvements
in cost competitiveness and strong productivity growth. As well,
Canada continues to maintain one of the lowest inflation rates in
the world.
Looking ahead, both the Organization for Economic Co-operation and
Development and the International Monetary Fund predict that Canada
will be among the fastest-growing industrial economies.
Domestic
Economy
Domestic business confidence is greater today than at any time since
1979. With a positive economic forecast and good prospects for consumer
spending, overall demand in the Canadian consumer and industrial
markets should continue to be strong.
Canadians
currently spend close to $500 billion each year on consumer goods
and services, with services now accounting for more than half of
Canadian household expenditures. Consumer spending has also risen
rapidly on items related to information technologies.
Average
family income continues to increase and growth in disposable income
continues to pick up as Canada's economy strengthens, labour market
conditions continue to improve, and governments move to trim tax
rates - a process that has already started in some provinces.
Investment
Climate
Canada's solid economic fundamentals, strong business investment,
increasing competitiveness, and integration into the North American
market provide the basis for the country's near- and long-term growth
potential.
A
sound and innovative domestic financial sector, combined with investment
from foreign sources, provide the capital necessary for more research
and development,
technological
upgrading, and infrastructure development. The environment for conducting
research and development remains highly attractive through some
of the most generous tax incentives among all industrial countries.
The labour force is highly educated, skilled and committed, and
works for competitive wages. Turnover and absenteeism rates are
low.
Government
policies are creating a more favourable climate for domestic and
foreign investors, including a low-inflation environment. Consumer
prices have risen by less than 2 percent annually since 1991, a
trend that is expected to continue. The fiscal environment has improved
considerably in recent years. The federal government has balanced
its budget and the ratio of debt-to-gross domestic product has started
to decline. Several provincial governments have also balanced their
budgets or moved into a surplus position.
Because
of its economic potential, Canada has continued to attract a large
volume of direct investment from foreign sources. The stock of foreign
direct investment in Canada has been increasing steadily in recent
years indicating continued investor confidence in Canada's long-term
prospects.
Financial
Services
Canada has always been known for the sophistication of its financial
markets. One of the main reasons for this is the strength of the
financial services sector.
The
Canadian financial services sector is made up of a variety of institutional
players and markets, all of which provide numerous, and in many
cases, competing products and services to domestic and foreign customers.
It is stable, sophisticated and internationally competitive. The
sector employs over half a million people, or about 3.5 percent
of working Canadians, and contributes about 8 percent of Canada's
gross domestic product.
With
assets in excess of $1 trillion, chartered banks form the heart
of Canada's financial services sector. They have approximately 8,000
branches throughout the country and an active presence in about
60 foreign countries. The country's six largest banks rank among
the top 100 banks worldwide.
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People
Canada pride itself on its multiculturalism. The country has evolved
a unique way of adjusting to the cultural needs of its increasingly
diverse population. In contrast to the US's "melting pot,"
Canada has opted for what is often called the "Canadian mosaic,"
a model based on accepting diversity rather than assimilation.
Native
Canadians
Today there are approximately one million Native Canadian, Though
national census figures usually break this group down into three
sub-sections- aboriginals (750,000), metis (Indian and French mixed
race 200,000), and Inuit (50,000). Of the million, about 60 percent
are known as Status Indians, which mean they are official settled
on reserve land. However, over 40 percent of Status Indian now live
away from reserve land, and only 900 of Canada's 2,370 reserves
are still inhabited. These lands are home to 608 First Nations group,
or bands, which exercises varying degrees of self-government through
their own elected councils. Since the 1970s, progressive councils
have plays a key role in the reinvigoration of traditional native
culture. Most non-Status Native Canadians are now integrated within
the rest of Canada's population.
British
and Irish Canadians
Canadians of British and Irish decent constitute about 60 of the
country's population. The first English settlers arrived in the
16th century. Thereafter, there was a steady trickle of English,
Scottish, Welsh, and Irish immigrants and several mass Immigrations,
prompted either by adverse politics at home or fresh opportunities
in Canada. These British and Irish settlers did much to shape Canada,
establishing its social and cultural norms and founding its legal
and political institutions. Canada's official Head of state is still
the British monarch.
French
Canadians
Canada's French-speakers make up about 25 percent of the total population,
and are the country's second largest ethnic group. They are mainly
based in just one of the 10 provinces, Quebec, but other pockets
thrive in other provinces. The French first reached the Canadian
mainland in 1535 when Jacques Cartier sailed up the St.Lawrence
River in search of a sea-route to Asia. Fur-trader, priest, and
farmers followed in Cartier's footsteps and by the end of the 17th
century, New Frence, as the colony was know, was well established.
Since the 1960s, the constitutional link between Quebec and the
rest of the country has been the subject of political debate, with
a strong minority of Quebececois pressing for full independence.
German
Canadians
Although there have been German-speakers in Canada since the 1660s,
the first major migration came between 1850-1900, with other mass
arrivals following both world Wars. On the whole, the English speaking
majority has absorbed the Germans, but distinctive pocket of German-speakers
hold strong today in Lunenburg, Nova Scotia and Kitchener-Waterloo
in Ontario.
Italian
Canadians
The widespread Italian presence in Canada can prove hard to see,
as for the most part, all 600,000 immigrants have merged almost
seamlessly with the English community. There are, however, exceptions;
in Toronto, with a large and flourishing Little Italy.
Chinese
Canadian
During the 1850s, Chinese laborers arrived in Canada to work in
the gold fields of British Columbia. Thereafter, they play a key
role in the construction of the railroad, settling new towns and
cities as their work progressed eastward. A flood of Chinese immigration
took place just before the return of Hong Kong to China by the British
in 1997. Most settlers chose Toronto, Montreal, and Vancouver to
live.
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Language
In addition to English, French is the joint official language of Canada,
but it has mutated in much the same way that North American English
has. Canadiens, especially those in the bigger cities, has adoptedsome
angtlicisms; modern |
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