Canada is said to be one of the wealthiest nation in the world and rightly so. It is a prominent member of the G8 and also of the OECD (Organization for Economic Co-operation and Development). It has been maintaining its rank amongst the top ten trading nations of the world and it is thus a very active market that has a lot of potential. Canada is a mixed economy and is one of the largest economies. Its economy is behind that of the US but is actually higher than most of the European countries. Canada has a high standard of living and has an open market that has all the characteristics of the US market. This includes the marketing and the manufacturing process as well. The country has been experiencing a rapid growth on all fronts. The total income of the government has actually been posting a surplus and the unemployment rate is also at an all time low. The actual rate varies from location to location but the highest unemployment rate is only 14.8% percent with the average being around 7.77%. The lowest rate is 3.4%. Such figures should be able to satisfactorily paint the picture of a country that has been prospering for over a long time now. Canada has a few large key sectors and these are sectors that have been the most active contributors to the Canadian economy. The country began as a small agrarian (agriculture based) economy and then within a century it turned itself in to a large trading country that has its presence in a lot of different places. The key sectors serving it are the sectors like mining, manufacturing and powers. Importers will happy to know that the service sector is actually the largest employer of workforce in the country. This gives the importers a large demographic that has a decent amount of purchasing power and is willing to spend that amount on imported goods that suit their needs. Canada is a large country that manufactures a lot of the mainstream items that may be required by the general population. So the importer must start getting creative at this point. The best way to cutout competition is to see a gap in the supply and demand relationship within the existing transactions and make it so that only you can fulfill that gap. Exporters can rejoice at the fact that Canada actually in the position to export something that not many countries can. It exports power to the neighboring countries, mainly the US. The power sector is thus a very strong and powerful sector within Canada. Next we come to the other key areas. Canada's mining products will make for a great exporting portfolio and it will help you if you are already have had some experience in such trading. The manufacturing industry is a place where all the exporters are going to because of the sheer variety and number of options in that sector.
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