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
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answer #1
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answered by Answerer17 6
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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
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answer #2
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answered by JuanB 7
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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
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answer #3
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answered by Anonymous
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Mostly it's the vile, secret plotting of Canada to invade the USA.
2007-01-09 09:46:56
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answer #4
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answered by Anonymous
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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
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answer #5
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answered by Anonymous
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