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2007-01-09 09:39:36 · 5 answers · asked by dkhgvusdygv 1 in Social Science Economics

5 answers

There is private and public (federal/provincial/local) involvement
in terms of the economy. There are public-owned companies,
called Crown corporations (i.e. telephone companies, energy
companies, power companies,) that compete alongside private
options, or have the market to themselves.

2007-01-09 17:09:10 · answer #1 · answered by Answerer17 6 · 0 0

In Canada we are mostly a capitalist economy. However there are some aspects that are not a pure capitalist. Health care is the main one that is more socialist concept, and the purest example. There are other things that are socialist leaning, but not really a cut case like health care. Like Universal daycare discussions, employment insurance and welfare.

So it is a mixed economy, not fully capitalist economy, not anywhere near a socialist economy, mixed - taking the good ideas from all types of economies.

2007-01-09 10:18:50 · answer #2 · answered by JuanB 7 · 1 0

Government regulation in some industries, direct intervention in others....but, like the US, private industry for the most part.

If I remember correctly, at least as of a few years ago, Canada's corporate tax rates were lower than that of the US.

2007-01-09 12:13:39 · answer #3 · answered by Anonymous · 1 0

Mostly it's the vile, secret plotting of Canada to invade the USA.

2007-01-09 09:46:56 · answer #4 · answered by Anonymous · 1 1

I think is has to do with a significant part of the country thinking that they are in France.

2007-01-09 12:21:09 · answer #5 · answered by Anonymous · 0 2

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