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Canada Canada 

France France 

Germany Germany 

ItalyItaly

Japan Japan 

RussiaRussia

United KingdomUnited Kingdom    United States of America United States of America 

G8 Countries G8 Countries 

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Canada has one of the highest levels of economic Canada has one of the highest levels of economic freedom in the world. Today Canada closely resembles freedom in the world. Today Canada closely resembles the U.S. in its market-oriented economic system, and the U.S. in its market-oriented economic system, and pattern of production. pattern of production. As of September 2011, Canada's As of September 2011, Canada's national unemployment rate stood at 7.1%, national unemployment rate stood at 7.1%, as the as the economy continues its recovery from the effects of economy continues its recovery from the effects of the 2007-2010 global financial crisis. In May 2010, the 2007-2010 global financial crisis. In May 2010, provincial unemployment rates varied from a low of provincial unemployment rates varied from a low of 5.0% in 5.0% in Saskatchewan to a high of 13.8% in  to a high of 13.8% in Newfound land and Labrador.. According to the Forbes According to the Forbes Global 2000 list of the world's largest companies in 2008, Global 2000 list of the world's largest companies in 2008, Canada had 69 companies in the list, ranking 5th next to Canada had 69 companies in the list, ranking 5th next to France. As of 2008, Canada’s total France. As of 2008, Canada’s total government debt burden is the lowest in the G8. burden is the lowest in the G8.

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. Prior to World War II, agriculture was the primary driver Prior to World War II, agriculture was the primary driver of the Canadian economy with over 60 percent of the population of the Canadian economy with over 60 percent of the population living in rural towns or farms. Canada had struggled to recover living in rural towns or farms. Canada had struggled to recover from the Great Depression, with Gross National Product falling by from the Great Depression, with Gross National Product falling by 43 percent and exports dropping by 50 percent between 1929 and 43 percent and exports dropping by 50 percent between 1929 and 1933. By 1933, unemployment had risen to more than 25%.1933. By 1933, unemployment had risen to more than 25%.

World War II marked a major transformation in the World War II marked a major transformation in the Canadian economy. Manufacturing, mining and services grew Canadian economy. Manufacturing, mining and services grew rapidly to meet the demands of the war and agriculture production rapidly to meet the demands of the war and agriculture production became more mechanized and efficient.became more mechanized and efficient.

As a result, there was an upturn in industrial production and As a result, there was an upturn in industrial production and manufacturing in Canada. New jobs were also being created while manufacturing in Canada. New jobs were also being created while industries benefitted from a highly trained and diversified labour industries benefitted from a highly trained and diversified labour force that had arisen during the war.force that had arisen during the war.

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-Canada contains a rich abundance of mineral, -Canada contains a rich abundance of mineral, forest and water-based resources such as iron ore, forest and water-based resources such as iron ore, nickel, zinc, copper, gold, lead, rare earth elements, nickel, zinc, copper, gold, lead, rare earth elements, molybdenum, potash, diamonds, silver, fish, timber, molybdenum, potash, diamonds, silver, fish, timber, wildlife, coal, petroleum, natural gas and hydropower.wildlife, coal, petroleum, natural gas and hydropower.

-Canada is a net exporter of energy, exporting -Canada is a net exporter of energy, exporting 2.151 million barrels of oil per day and 94.67 billion 2.151 million barrels of oil per day and 94.67 billion cubic metres of natural gas in 2010. cubic metres of natural gas in 2010. 

-10-10thth largest exporter of oil largest exporter of oil-3-3rdrd largest exporter of natural gas largest exporter of natural gas-Canada is the second largest country in the world -Canada is the second largest country in the world

in terms of land area. In 2010, its population was 34.059 in terms of land area. In 2010, its population was 34.059 million with a labour force of 18.59 million.million with a labour force of 18.59 million.

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Despite having the 9Despite having the 9thth largest labour force  largest labour force participation rate in the world, Canada faces an aging participation rate in the world, Canada faces an aging labour force.labour force.

In 2010,In 2010,

Canada also has an extremely low population Canada also has an extremely low population growth rate of 0.794 percent.growth rate of 0.794 percent.

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The Canadian labour force is split among The Canadian labour force is split among numerous industries. numerous industries.

 According to the latest available data from 2006

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As for its economy, agriculture was responsible As for its economy, agriculture was responsible for 2% of Canada’s GDP in 2010, with industry for 2% of Canada’s GDP in 2010, with industry accounting for 20% and services at 78%.accounting for 20% and services at 78%.

Despite contributing to only 2% of Canada’ GDP, Despite contributing to only 2% of Canada’ GDP, Canadian agricultural products are among the most Canadian agricultural products are among the most widely sought of in the world and still one of the world's widely sought of in the world and still one of the world's largest suppliers of agricultural products largest suppliers of agricultural products

After the 2008 financial crisis,Canada’s record a After the 2008 financial crisis,Canada’s record a negative industrial production growth rate in 2009 – negative industrial production growth rate in 2009 – after a long period of positive growth. The industrial after a long period of positive growth. The industrial production growth rate increase in the country’s production growth rate increase in the country’s manufacturing, mining and construction,recovered in manufacturing, mining and construction,recovered in 2010 – growing by 5.8 %.2010 – growing by 5.8 %.

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List of Key Canadian Industries by 2010 includes:List of Key Canadian Industries by 2010 includes:1. transportation equipment1. transportation equipment2. chemicals2. chemicals3. processed and unprocessed minerals3. processed and unprocessed minerals4. food products4. food products5. wood and paper products5. wood and paper products6. fish products6. fish products7. petroleum and natural gas.7. petroleum and natural gas.

List of Canadian Services includes:List of Canadian Services includes:1. retail1. retail2. business2. business3. education and health3. education and health4. finance and banking4. finance and banking

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Despite strong economic growth in the first half Despite strong economic growth in the first half of 2010, job creation slowed in the second half of the of 2010, job creation slowed in the second half of the year. As a result, unemployment rates still remain year. As a result, unemployment rates still remain relatively high. Canada's unemployment rate is relatively high. Canada's unemployment rate is expected to gradually improve and return to pre-expected to gradually improve and return to pre-financial crisis levels by 2015. From 2015 to 2016, the financial crisis levels by 2015. From 2015 to 2016, the unemployment rate is expected to remain consistent at unemployment rate is expected to remain consistent at 6.1 percent.6.1 percent.

1 10Seasonally adjusted as of February 2012

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Since 1992, Canada’s inflation rate has never Since 1992, Canada’s inflation rate has never gone above 2.75 percent. Apart from abnormalities gone above 2.75 percent. Apart from abnormalities in 1994, 1998 and 2009, where inflation dropped in 1994, 1998 and 2009, where inflation dropped below 1 percent, the inflation rate in Canada has below 1 percent, the inflation rate in Canada has remained fairly consistent and well anchored within remained fairly consistent and well anchored within the Bank of Canada’s operational target of 1 to 3 the Bank of Canada’s operational target of 1 to 3 percent. percent.

In 2011, Canada’s inflation rate (average In 2011, Canada’s inflation rate (average consumer price change) is expected to be at 2.231 consumer price change) is expected to be at 2.231 percent. From 2012 to 2016, the inflation rate is percent. From 2012 to 2016, the inflation rate is expected to hover between 1.9 percent and 2.03 expected to hover between 1.9 percent and 2.03 percent.percent.

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From 1999 to 2008, Canada possessed a From 1999 to 2008, Canada possessed a current account balance surplus. However, in the current account balance surplus. However, in the advent of the financial crisis, Canada now has the advent of the financial crisis, Canada now has the 77thth largest current account balance deficit in the  largest current account balance deficit in the world behind the US, Spain, Italy, France, Brazil and world behind the US, Spain, Italy, France, Brazil and the UK. the UK.

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Canada Canada 

France France 

Germany Germany 

ItalyItaly

Japan Japan 

RussiaRussia

United KingdomUnited Kingdom    United States of America United States of America 

G8 Countries G8 Countries 

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France was transitioning from an economy France was transitioning from an economy that has featured extensive government ownership that has featured extensive government ownership and intervention to one that relies more on market and intervention to one that relies more on market mechanisms but is in the midst of a euro-zone crisis. mechanisms but is in the midst of a euro-zone crisis.

The government has partially or fully The government has partially or fully privatized many large companies, banks, and privatized many large companies, banks, and insurers, and has ceded stakes in such leading firms insurers, and has ceded stakes in such leading firms as Air France, France Telecom, Renault, and Thales. as Air France, France Telecom, Renault, and Thales. It maintains a strong presence in some sectors, It maintains a strong presence in some sectors, particularly power, public transport, and defense particularly power, public transport, and defense industries. With at least 75 million foreign tourists industries. With at least 75 million foreign tourists per year, France is the most visited country in the per year, France is the most visited country in the world and maintains the third largest income in the world and maintains the third largest income in the world from tourism. world from tourism.

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-France is the 5th largest economy in the world at -France is the 5th largest economy in the world at $2.555 trillion on a GDP (PPP) basis in 2010, putting it $2.555 trillion on a GDP (PPP) basis in 2010, putting it behind the US, China, Japan and Germany, but just behind the US, China, Japan and Germany, but just ahead of the UK.ahead of the UK.

-Has long been part of the world's wealthiest and -Has long been part of the world's wealthiest and most developed national economies, world's 5most developed national economies, world's 5thth and Europe's 2nd largest national economy by nominal and Europe's 2nd largest national economy by nominal GDP as of 2010.GDP as of 2010.

-France's trade is one of the largest in the world. -France's trade is one of the largest in the world. France exports and imports various raw materials, France exports and imports various raw materials, automobiles and electronic products. In 2010, France’s automobiles and electronic products. In 2010, France’s exports totaled $456.8 billion while imports totaled up exports totaled $456.8 billion while imports totaled up to $532.2 billion.to $532.2 billion.

-France’s population was 65,102,719.-France’s population was 65,102,719.

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 According to the latest available data from 2010According to the latest available data from 2010

France has a growth rate of 0.549 percent per year.France has a growth rate of 0.549 percent per year.

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The leading industrial sectors in France are The leading industrial sectors in France are telecommunications (including communication telecommunications (including communication satellites), aerospace and defense, ship building (naval satellites), aerospace and defense, ship building (naval and specialist ships), pharmaceuticals, construction and specialist ships), pharmaceuticals, construction and civil engineering, chemicals, textiles, and and civil engineering, chemicals, textiles, and automobile production.automobile production.

With 39 of the 500 biggest companies of the With 39 of the 500 biggest companies of the world in 2010, France ranks 4th in the Fortune Global world in 2010, France ranks 4th in the Fortune Global 500, behind the USA, Japan and China. Paris is the 500, behind the USA, Japan and China. Paris is the second most important location in the world for the second most important location in the world for the headquarters of the world's 500 largest companies: headquarters of the world's 500 largest companies: there are more Fortune Global 500 company there are more Fortune Global 500 company headquarters in Paris than in Beijing, New York, headquarters in Paris than in Beijing, New York, London or Munich, but fewer than in Tokyo.London or Munich, but fewer than in Tokyo.

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Air FranceAir France World’s largest airline company in incomeWorld’s largest airline company in income

L’Oreal L’Oreal    World‘s largest cosmetic companyWorld‘s largest cosmetic company

GDF-SuezGDF-Suez   World’s largest energy companyWorld’s largest energy company

EDFEDF World’s largest utility companyWorld’s largest utility company

VINCI, Bouvgues VINCI, Bouvgues and Eiffageand Eiffage

Respectively world's 1st, 2nd and 4th building and public Respectively world's 1st, 2nd and 4th building and public work companieswork companies

Veolia Veolia EnvironmentEnvironment

World's largest environmental services and water World's largest environmental services and water management companymanagement company

LafargeLafarge World's largest cement companyWorld's largest cement company

JCDecauxJCDecaux World's largest outdoor advertising corporationWorld's largest outdoor advertising corporation

ToatalToatal World's fourth largest private oil companyWorld's fourth largest private oil company

Sanofi Aventis Sanofi Aventis  World's fifth largest pharmaceutical companyWorld's fifth largest pharmaceutical company

DanoneDanone World's fifth largest food company and the world's World's fifth largest food company and the world's largest supplier of mineral waterlargest supplier of mineral water

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In 2010, the French had an estimated wealth of In 2010, the French had an estimated wealth of US$14.0 trillion for a population of 63 million. In US$14.0 trillion for a population of 63 million. In terms of aggregate wealth, the French are the terms of aggregate wealth, the French are the wealthiest Europeans, accounting for more than a wealthiest Europeans, accounting for more than a quarter of wealthiest European households. Globally, quarter of wealthiest European households. Globally, the French nation ranks 4th wealthiest,.the French nation ranks 4th wealthiest,.

In 2010, wealth per French adult was a little In 2010, wealth per French adult was a little higher than US$290,000, down from a pre-crisis high higher than US$290,000, down from a pre-crisis high of US$300,000 in 2007.of US$300,000 in 2007.

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Almost every French household has at least Almost every French household has at least US$1,000 in assets.US$1,000 in assets. Proportionally, there are twice as Proportionally, there are twice as many French with assets of over US$10,000 and four many French with assets of over US$10,000 and four times as many French with assets of over US$100,000 times as many French with assets of over US$100,000 than the world average.than the world average.

The French are also among the least indebted The French are also among the least indebted populations in the developed world with personal debt populations in the developed world with personal debt accounting for "little more than 10% of household accounting for "little more than 10% of household assets".assets".

There were 2.6 millionaire households (measured There were 2.6 millionaire households (measured in terms of US dollars) living in France in 2010. (Crédit in terms of US dollars) living in France in 2010. (Crédit Suisse Global wealth report). This accounts for about Suisse Global wealth report). This accounts for about 0.45% of the total French population.0.45% of the total French population.

In 2010, among the top 1% of global wealth In 2010, among the top 1% of global wealth holders, 4,045 are French.holders, 4,045 are French.

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