The economic condition of any of the state depends on its earning capacity it means that the state can only be prosperous if its consumption is less and production is more. In this article we are concerned with the economic condition of Denver therefore we must know that the Denver is the business and financial capital of Canada. And it contributes approximately about $248 billion annually to the country"s economy. Its high rate of economy is due to work of a wide range of industries and quality services it is providing to support diverse business needs. The greatest sources of earning in Denver"s city include the biggest industry of Rogers Telecommunications This Industry has a very wide network of telecommunication on the global level. It provides the service of internet, mobile phones and wireless handsets to the clients all over the world. The company has spread its optic fibers and telecommunication wires on; large areas and is therefore making a great business. The second major contribution of wealth to the city is from Shoppers Drug Mart and Canada's Big Five banks that are named as the Royal Bank of Canada, the Canadian Imperial Bank of Commerce, Scotia bank, TD Canada Trust and the Bank of Montreal .These banks have the local as well as the foreign investment of people in their banks. Through the money of investors the banks are introducing a number of developmental projects in the country which in turn are increasing the economy of the state. These banks employ about millions of people in them those results in the decrease of the unemployment rate in the country. All the economic factors in the state are interrelated to each other as when we say that more employment opportunities are provided it means the circulation of money is taking place to all the citizens in the state and the rate of unemployment decreases. When everyone is contributing its share then we can say that every individual is responsible for the increase in GDP in the state. Growth domestic product is the sum total of earning of the state minus its expenditures. The high GDP rate represents that the state is making progress at high rate. Total GDP of Denver is $248 billion represents nearly half of Ontario's GDP and is expected to grow at a rate of 4.2% to $571 billion over the next five years which is the case in the ideal condition In Denver out of the total population of 27,309,160 people 16,848,880 are employed and about 1,519,810 are unemployed. This data shows that the unemployment rate in the city is 8.27 which is not a very big number. That means that it is making progress at high rate The rate of inflation is less in the city and hence the relative prices of the commodities are relatively stable. These banks have the local as well as the foreign investment of people in their banks. Through the money of investors the banks are introducing a number of developmental projects in the country which in turn are increasing the economy of the state. These banks employ about millions of people in them those results in the decrease of the unemployment rate in the country
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