Study In Canada

Overview

Canada is one of the biggest nations in the world and the biggest in the western hemisphere. Canada, a country in northern North America, stretches from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean. Its citizens live in a community with a good level of living and a stable administration. The nation is resource-rich and has an advanced transportation network. The federal capital of Canada is Ottawa, and English and French are its official languages. Ten provinces and three territories make up this parliamentary democracy. The Canadian dollar is the official currency (CAD).

The brief downturn brought on by the COVID-19 epidemic was typically soon overcome by the Canadian economy. With customers facing record high inflation rates, interest rates—which had been significantly decreased in March 2020 with the goal of containing the economic damage caused by the pandemic—are now increasing once again. Canada’s employment rate and gross domestic product have returned to (and exceeded) pre-pandemic levels, signaling positive economic strength in the face of current challenges like labor shortages and supply chain restrictions. Relief packages, which were announced and implemented by the federal, provincial, and territorial governments to financially support people and businesses during numerous pandemic-related public health lock downs, are gradually ending.