Stable and Growing Industrialized Economy

US is Canada's biggest trading partner. More than $1.8 billion worth of goods cross the border every day. Canadian businesses have access to the biggest purchasing power, the US citizens and 90% of the goods produced are consumed in US alone. Japanese & US car companies like GM, Chrysler, Ford, Toyota all have production facilities in Ontario. Ontario is the third largest producer of cars in the world after Detroit and Japan.

Economy

Canada has business access to over 400 million consumers of NAFTA (US, Canada and Mexico).
The total worth of the NAFTA economy is US$ 11.14 trillion.
Canada's economy has a growth rate of 3.2%.
Business rate of interest is 6.44%.
Consumer loans are available at 10.11%
Rate on deposits is 4.92%.
USA is Canada's largest trading partner.
Total Foreign Direct Investment in Canada is more than 217 billion dollars in 1998.
The unemployment rate is 7.3% and is falling.

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