Interesting facts about Canada
With an overall territory of nearly 10 million km2, six time zones, an 8,890-kilometre border with the United States, two official languages and approximately ten more national languages, Canada is a cosmopolitan, uniquely diverse and successful country.
This could be due to its unique history having developed into a Federal State while maintaining its status as a member of the British Commonwealth. What is nowadays referred to as the Canadian East Coast, was first found by Vikings, then officially “discovered” by an Italian for the British, temporarily settled by Basques, incorporated by the French and eventually ceded to England under the “Treaty of Paris” in 1783.
The source of Canada’s sustainable development into one of the world’s leading economies also essentially lies in the country’s Eastern territories. The region around the ice-free port of Halifax in Nova Scotia experienced its first major growth spurt at the beginning of the 20th century, when larger steel ships gradually replaced ships with wooden or iron hulls, allowing year-round delivery of international trading goods to ice-free ports.
The western provinces of British Columbia, Alberta, Saskatchewan and Manitoba as well as the two most populous provinces of Ontario and Quebec in central Canada shape Canada’s political and sporting image to this day. The Atlantic provinces of New Brunswick, Prince Edward Island, Newfoundland, Labrador and Nova Scotia are closer to U.S. than to the Canadian metropolitan cities and also stand out with their combination of economic power, natural beauty and high quality of life.
This could be due to its unique history having developed into a Federal State while maintaining its status as a member of the British Commonwealth. What is nowadays referred to as the Canadian East Coast, was first found by Vikings, then officially “discovered” by an Italian for the British, temporarily settled by Basques, incorporated by the French and eventually ceded to England under the “Treaty of Paris” in 1783.
The source of Canada’s sustainable development into one of the world’s leading economies also essentially lies in the country’s Eastern territories. The region around the ice-free port of Halifax in Nova Scotia experienced its first major growth spurt at the beginning of the 20th century, when larger steel ships gradually replaced ships with wooden or iron hulls, allowing year-round delivery of international trading goods to ice-free ports.
The western provinces of British Columbia, Alberta, Saskatchewan and Manitoba as well as the two most populous provinces of Ontario and Quebec in central Canada shape Canada’s political and sporting image to this day. The Atlantic provinces of New Brunswick, Prince Edward Island, Newfoundland, Labrador and Nova Scotia are closer to U.S. than to the Canadian metropolitan cities and also stand out with their combination of economic power, natural beauty and high quality of life.
Facts and figures
At the 2019 World Economic Forum, it was once again established that Canada has the most solid banking system in the world. Looking back at the 2007/8 banking crisis, it appears that not a single Canadian bank had to be bailed out or supported by government subsidies during the financial crisis.
This was mainly a result of the market-oriented Canadian economic system. In 2011, the US edition of Forbes magazine voted Canada as the best business location in the world. Forbes explicitly pointed out that this decision was based on the fact that Canada is a high-tech society that manages to achieve continuous economic growth.
This economic resilience is supported by the abundance of natural resources. Canada, for example, has more than ten percent of the world’s forests and significant deposits of oil, natural gas, iron ore, lead, coal, copper, gold, uranium and zinc.
In addition to its wealth of natural resources, political and economic stability, Canada owes its reputation as one of the world’s most popular investment locations to its solid banking, health and education system as well as its excellent infrastructure.
An international economic heavyweight
Canada is a member of all the key international economic forums, such as the G7, G8, G20, OSCE, WTO, IMF and World Bank and has repeatedly been able to ensure an economic power that has become rare worldwide through a balanced economic policy.
An international economic heavyweight
Canada is a member of all the key international economic forums, such as the G7, G8, G20, OSCE, WTO, IMF and World Bank and has repeatedly been able to ensure an economic power that has become rare worldwide through a balanced economic policy.
At the 2019 World Economic Forum, it was once again established that Canada has the most solid banking system in the world. Looking back at the 2007/8 banking crisis, it appears that not a single Canadian bank had to be bailed out or supported by government subsidies during the financial crisis.
This was mainly a result of the market-oriented Canadian economic system. In 2011, the US edition of Forbes magazine voted Canada as the best business location in the world. Forbes explicitly pointed out that this decision was based on the fact that Canada is a high-tech society that manages to achieve continuous economic growth.
This economic resilience is supported by the abundance of natural resources. Canada, for example, has more than ten percent of the world’s forests and significant deposits of oil, natural gas, iron ore, lead, coal, copper, gold, uranium and zinc.
In addition to its wealth of natural resources, political and economic stability, Canada owes its reputation as one of the world’s most popular investment locations to its solid banking, health and education system as well as its excellent infrastructure.
