Resource-Rich Country #1: Neighbor to the North Canada is incredibly natural resource rich. The country has over 3.6 trillion cubic feet of natural gas exported every year. Nickel is a top metallic mineral produced, with shipments valued at $3.5 billion. Copper production is over $2.03 billion, and gold exports top $8.39 billion. In total, $32.2 billion worth of mineral production takes place in Canada. Because these resources attract buyers around the world — including, of course, the U.S. — Canada has about C$56,464 million (US$55,393 million) in foreign exchange reserves and assets. Canada's Key Economic Investment OutlookCanada has the lowest net debt-to-GDP ratios of all the G-8 members. That means that the country doesn’t have to print its way out of an economic crisis. That sets up a nice strength argument for the economy and its currency. Canada has taken numerous measures to ensure bank liquidity, but not by injecting newly minted money into the system. Sign up for the Hot Commodities Guide to learn more about these economic measures. In order to access Resource-Rich Country #6, you will need to sign up for the broadcast!    . |
