Canada's economy is diversified and highly developed. The foundation of Canadian economy is foreign trade and the United States is by far the nation's largest trade partner. Foreign trade is responsible for about 45% of the nation's gross domestic product. GDP Growth Rate in Canada averaged 0.80% from 1961 until 2015, reaching an all-time high of 3.33% in the fourth quarter of 1963 and a record low of -2.30 percent in the first quarter of 2009. The financial account for countries is essentially the transactions between Canada and the World, including direct investment inflows and outflows, as well as the capital and financial account balance. You may assume that since foreign trade is such a large percentage of Canada’s GDP that their financial
