
Canada is endowed with abundant resource wealth that will ensure
the strength of its economy for generations to come. In addition to
possessing oil sands with reserves second only to Saudi Arabia ,
10% of the world's forests and 20% of the world's fresh water,
Canada has been able to harness these great resources to become the
third largest diamond-producing nation, and the first producer of
hydroelectricity worldwide.
Staking new ground in the
digital economy
In addition, Canada also prides itself on being at
the forefront of progressive knowledge-based industries, such
as aerospace technology, wireless communications, and medical,
pharmaceutical and genetic research. Plus, thanks to the best
educated workforce in the world, Canada is producing a wide variety
of innovative products that are changing the way we live.
Improving quality of life
worldwide
Some of the innovations that are uniquely Canadian include: the
Canadarm, the mechanical arm used to manoeuvre
payloads and inspect the exterior of the Space Shuttle planes;
high-speed Zefiro trains designed and manufactured by
Bombardier; and, the BlackBerry,
developed by Research in Motion to support email, mobile telephone,
text messaging, and web browsing.
Canadian trade goes
global
The long-term growth of the Canadian economy is secured thanks
to continued
profitable trade made possible through the North American Free
Trade Agreement (NAFTA) and membership in the association for
Asia-Pacific Economic Co-operation (APEC). Canada's enduring ties
with the United States, by far our largest trading partner at $1.7
billion in trade daily, as well as strong historical ties with
Europe, the Middle East and Asia, have opened doors to limitless
opportunities for immigrant investors.
Strong international ties
for prosperity... and peace
Beyond the business aspect, Canada is also a prominent member of
the United Nations: its multiculturalism and bilingualism providing
a model for all members of this world body. Furthermore, over the
past 60 years, Canada has strongly advocated resolving global
issues in collaboration with other nations, a value best
exemplified by Canada's proposal in 1956 of peacekeeping forces to
maintain peace and security around the world.
Canada's strong economy, robust trade and the natural resources,
as well as its reputation as a good global citizen has helped
foreign direct investment in Canada rise to $465 billion in 2005
.