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In Canada, there are two types of sales taxes levied. These are : Provincial sales taxes ( PST ), levied by the provinces. Goods and services tax ( GST )/ harmonized sales tax ( HST ), a value-added tax levied by the federal government. The GST applies nationally.
As of 2023, Canada is a signatory to 15 free trade agreements with 51 different countries. [293] Canada is one of the few developed nations that are net exporters of energy. [291] [296] Atlantic Canada possess vast offshore deposits of natural gas, [297] and Alberta hosts the fourth-largest oil reserves in the world. [298]
US$122.9 billion (July 2024) [ 32][ 33] All values, unless otherwise stated, are in US dollars. The economy of Canada is a highly developed mixed economy, [ 34][ 35][ 36] with the world's tenth-largest economy as of 2023, and a nominal GDP of approximately US$ 2.117 trillion. [ 6] Canada is one of the world's largest trading nations, with a ...
In this example, you would pay a total of $5,946 over 20 months in order to pay off the card at its regular rate. On the other hand, transferring your debt to the balance transfer card allows you ...
Second, it wanted to maximize trade within Canada and minimize trade with the United States to avoid becoming an economic satellite. The Grand Trunk Railway of Canada linked Toronto and Montreal in 1853. Lines to Portland in Maine (which was ice-free), Michigan and Chicago, were subsequently opened. By 1870 it was the longest railway in the world.
In Canada, the Jamaican population is centred in Toronto, [155] with smaller communities in cities such as Hamilton, Montreal, Winnipeg, Vancouver and Ottawa. [156] Jamaican Canadians comprise about 30% of the entire Black Canadian population. [157] [158] A notable though much smaller group of emigrants are Jamaicans in Ethiopia.
[16]: 1, 3 In their 2017 list that ranked Canada's top 100 richest people, Toronto-based Rob McEwen of McEwen Mining, ranked 100th with a net worth of C$875 million, while number 1 on the list—the Toronto-based Thomson family of Thomson Reuters—had a net worth of C$39.13 billion. [17]
according to International Monetary Fund estimates [n 1] [1] Countries by estimated nominal GDP in 2024. [n 2] > $20 trillion. $10–20 trillion. $5–10 trillion. $1–5 trillion. $750 billion – $1 trillion. $500–750 billion. $250–500 billion.
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