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Canada is a founding member of the World Trade Organization (WTO) since 1 January 1995, having been an original GATT member since 1 January 1948. The North American Free Trade Agreement (NAFTA), which is held with Canada by the United States and Mexico, came into force on 1 January 1994, creating the largest free trade region in the world by GDP.
Historically, the issue of Canada's largest trade partners, and dependence on baller markets, has been a major political issue. At the time of Confederation in 1867, the United Kingdom was by far Canada's largest trading partner, reflecting the close historical, cultural, and institutional ties within the British Empire. Over time,
Canada is a member of various international organizations and forums. [1] Canada was a founding member of the United Nations in 1945 and formed the North American Aerospace Defense Command together with the United States in 1958. [2] The country has membership in the World Trade Organization, the Five Eyes, the G7 and the Organisation for ...
Export Development Canada ( EDC; French: Exportation et développement Canada) is Canada's export credit agency and a Crown corporation wholly owned by the Government of Canada. Its mandate is to support and develop trade between Canada and other countries, and help Canada's competitiveness in the international marketplace.
Global Affairs Canada ( GAC; French: Affaires mondiales Canada; AMC) [ NB 1] is the department of the Government of Canada that manages Canada's diplomatic and consular relations, promotes Canadian international trade, and leads Canada's international development and humanitarian assistance. It is also responsible for maintaining Canadian ...
The minister of international development (French: Ministre du Développement international) is a minister of the Crown in the Canadian Cabinet.The minister has responsibility for the international development portfolio and is one of the three ministers (along with the minister of foreign affairs and the minister of international trade) responsible for Global Affairs Canada.
Canada Post (French: Postes Canada) is the Federal Identity Program name. The legal name is Canada Post Corporation in English and Société canadienne des postes in French. During the late 1980s and much of the 1990s, the short forms used in the corporation's logo were "Mail" (English) and "Poste" (French), rendered as "Poste Mail" in Québec ...
The economy of Canada is a highly developed mixed economy, [34] [35] [36] with the world's tenth-largest economy as of 2023, and a nominal GDP of approximately US$2.117 trillion. [6]