Canada’s economic system is a mixed economy which is similar to the United States. It combines elements of Capitalism and Socialism. It is a combination of government regulations and independent marketing. Canada is one of the world’s most stable business ventures and one of the most attractive investment destinations. Canada is very dependent upon foreign trade and World War I had a huge effect on the Canadian economy. “When World War I jumped the prices of food fast and far, the Canadian West almost doubled its wheat acreage and increased its livestock by a third.” Starting in the 1920s, British Columbia became a great exporter of lumber. This was a start to a greater economic development followed by the products of the New North which were all exported. Canada depended on foreign trade so the depression hit the Canadian economy a lot harder than many other countries including the United States. By World War II, Canada had recovered from the economic depression. The war caused an enormous expansion that put Canada in top position among the nations of the world in production of nickel, newsprint, asbestos, platinum, and radium; second in gold, aluminum, wood pulp, hydroelectric power, and the building of cargo ships. Canada saw international trade as an opportunity because of the prosperous resources and depended on it hugely which had different effects.
     Canada is ranked in average about a 7.5 in the categories of “quality of life” of the OECD Better Life Index. Canada ranks above the average in housing, subjective well-being, personal security, health status, income and wealth, social connections, environmental quality, jobs and earnings, education and skills, and civic engagement. “89% of adults in Canada aged 25-64 have completed upper secondary education, 91% of people say they are satisfied with the quality of their water.” Although Canada accels in housing and community, they are scored below average for income, jobs and education. “The health impacts of urban air pollution continue to worsen, with air pollution set to become the top environmental cause of premature mortality globally by 2050.”
 OECD’s Index states that living in satisfactory housing conditions is one of the most important aspects of people’s lives because not only does it provide a place to sleep but also it creates a private and safe place. In Canada, the average home contains 2.5 rooms per person, more than the OECD average of 1.8 rooms per person and the highest rate in the OECD. In terms of basic facilities, 99.8% of people in Canada live in dwellings with private access to an indoor flushing toilet, more than the OECD average of 97.6%. For the condition of Canada’s communities, 92% of people believe that they know someone they could rely on in a time of need, more than the OECD average of 88%. There is a 1 percentage point difference between men and women, as 91% of men believe they have this kind of social support, compared with 92% of women. Many factors contribute to the quality of life in Canada, and the some of the most important are housing and a sense of community which Canada seems to have averaged higher compared to other countries.
      According to the World Factbook, Canada’s government is classified as both a constitutional monarchy and a parliamentary democracy. Canada’s government is a federation, which means powers are shared between federal and provincial governments. Canada is well-known as a champion of peace, human rights, equality and democracy. It is active in many international organizations, such as the United Nations, the Commonwealth and La Francophonie. Instead of a president, the Canadian government has a Prime Minister that represents the federal head of government.
   The article mentions that “Earlier this month, a report by the federal budget watchdog lowered its growth outlook for Canada and warned eroding economic conditions could drive the country into deeper deficits.” The government is a big part of the economy, and handles all of Canada’s economic conditions and attempts to solve problems. The “Finance Minister Bill Morneau’s release of the fiscal and economic update will also mark the public’s first opportunity” to help the federal budgets since April. The Canadian government also “continues to try to shake off the negative effects of low oil prices and the squeeze of a sluggish world economy”. The government is trying to better the economy, and it can be considered one of their main focuses.