Japan: By contrast, Canada came into existence 148 years ago peaceably, and its progress since, relative to other nation-building projects, has been largely untroubled, according to Toronto Star. Canada accounts for just 0.5 per cent of the world population, but 1.5 per cent of global GDP. The Canadian economy, which ranks ninth in the world, has grown at a faster pace over the past decade than its G7 peers, by almost 40 per cent, compared with Germany , the U.S. , France , Britain , Italy and Japan . With one of the world most open-door immigration policies, Canada is better able to cope with the two demographic spectres of this century – population decline, and a growing imbalance between working and retiree populations. Moynihan country has been forged in upheaval: a revolutionary war, a civil war, and wild, disruptive swings in the capitalism cycle. Japan and Russia have already gone into population decline, and Western Europe will soon follow, due to an aging population and an increasingly virulent xenophobia dating from the onset of the European financial crisis. And the U.S. will add an expected 40 million people, which bodes well for a Canada reliant on the U.S. market for export revenue. But, thanks to immigration, Canada will grow by a forecast 2.5 per cent a year over the next three decades.
(www.immigrantscanada.com). As
reported in the news.
Tagged under Japan, Canada topics.
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