Canada has one of the most advanced and stable economies in the world and weathered the global recession comparatively well. In 2013, the World Economic Forum ranked the country’s financial system as the world’s most stable for the sixth consecutive year.
The UK is Canada’s second biggest trading partner. Moving forward, the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union (EU) will remove trade tariffs and is projected to inject £1.3 billion into the UK economy.
Sources: GOV.UK, World Economic Forum
For more detailed information when trading with Canada, visit our guide to exporting to Canada.