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US$122.9 billion (July 2024) [31][32] All values, unless otherwise stated, are in US dollars. The economy of Canada is a highly developed mixed economy, [33][34][35] with the world's tenth-largest economy as of 2023, and a nominal GDP of approximately US$ 2.117 trillion. [6] Canada is one of the world's largest trading nations, with a highly ...
v. t. e. The politics of Canada functions within a framework of parliamentary democracy and a federal system of parliamentary government with strong democratic traditions. [ 1 ] Canada is a constitutional monarchy where the monarch is head of state.
The Government of Canada (French: Gouvernement du Canada) is the body responsible for the federal administration of Canada.The term Government of Canada refers specifically to the executive, which includes ministers of the Crown (together in the Cabinet) and the federal civil service (whom the Cabinet direct); it is alternatively known as His Majesty's Government (French: Gouvernement de Sa ...
The following list outlines the structure of the federal government of Canada, the collective set of federal institutions which can be grouped into the legislative, executive, and judicial branches. In turn, these are further divided into departments, agencies, and other organizations which support the day-to-day function of the Canadian state.
Canada's healthcare system, colloquially called "Medicare", is a significant economic factor. As most aspects of the healthcare system are financed from general government revenues, and as provincial governments bear the majority of these costs, healthcare has grown to become the largest component of Canadian provincial budgets.
The government's economic policy relied on increased tax revenues to pay for increased government spending. While the government did not balance the budget in its first term, it purported being fiscally responsible by reducing the country's debt-to-GDP ratio every year until 2020, when the COVID-19 pandemic hit. [1]
The Constitution of Canada (French: Constitution du Canada) is the supreme law in Canada. [1] It outlines Canada's system of government and the civil and human rights of those who are citizens of Canada and non-citizens in Canada. [2] Its contents are an amalgamation of various codified acts, treaties between the Crown and Indigenous Peoples ...
t. e. Canadian federalism (French: fédéralisme canadien) involves the current nature and historical development of the federal system in Canada. Canada is a federation with eleven components: the national Government of Canada and ten provincial governments. All eleven governments derive their authority from the Constitution of Canada.