Monday, April 15, 2024

Canada Economy 4-16-23

Nominal GDP 2.117T, Per Capita GDP $53,247, Population 38,781,291, Debt to GDP 67.8%,

Inflation 30%, Unemployment 5.4%, Labor force 21.7 million, Labor force 56%,Trade deficit 1.4B, Average Household income $75,452. 

Exports $91.4M. Exports included grain, sulfur, coal and petroleum.

Imports $103B. Exports need to increase to turn the trade deficit into a trade surplus.

Imports $103 billion

Cars—$28 billion (USD)

Car parts and accessories—$20 billion (USD)

Trucks—$15 billion (USD)

Crude oil—$14 billion (USD)

Processed petroleum oil—$14 billion (USD)

Phones—$11 billion (USD)

Computers—$9 billion (USD)

Medications—$8 billion (USD)

Turbo-jets—$6 billion (USD)

Gold—$6 billion (USD)

Source: Google source

Canada suffered a large Forest Fire Festival and missed out on exporting lumber. Trade was also affected by the global stagflation. They have turned into a one party monarchy and need an entirely new government, but the voters are fully indoctrinated to put up with extreme political correctness.

Norb Leahy, Dunwoody GA Tea Party Leader

 

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