Canada: Digging Deep Into The Canadian Economy

Canada, a commonwealth country, has a service based economy, based on the principle of “Peace, Order, and Good Government. Canada is not a socialist country. It is a capitalistic economy. A mixture of capitalism and minimum state regulation, instead of a mixture of capitalism and socialism.  You can also watch videos on economy of other countries: Economy of Italy: Economy of France: Economy of Germany: Canada, just like many developed nations, followed a sequence of transitioning from a raw-material-based economy to a manufacturing-based economy, and finally transitioning again to a service-based economy. Ranked among the top ten countries on Economic Freedom Index, the Canadian economy has some resemblance with the Australian economy. The video also discusses Canadian immigration and its role on the country’s economy. The population factor is also mentioned and how the aging popula