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Economy of Canada

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177-519: The economy of Canada is a highly developed mixed economy , with the world's ninth-largest economy as of 2024, and a nominal GDP of approximately US$ 2.117 trillion . Canada is one of the world's largest trading nations , with a highly globalized economy. In 2021, Canadian trade in goods and services reached $ 2.016 trillion. Canada's exports totalled over $ 637 billion, while its imported goods were worth over $ 631 billion, of which approximately $ 391 billion originated from

354-537: A constitutional monarch from Europe. When no member of a European royal house desired the position, Iturbide himself was declared Emperor Agustín I. The United States was the first country to recognize Mexico's independence, sending an ambassador to the court and sending a message to Europe via the Monroe Doctrine not to intervene in Mexico. The emperor's rule was short (1822–1823) and he was overthrown by army officers in

531-484: A major conflict with the Catholic Church and Catholic guerrilla armies when he strictly enforced anticlerical articles of the 1917 Constitution which ended with an agreement. Although the constitution prohibited the reelection of the president, Obregón wished to run again and the constitution was amended to allow non-consecutive re-election and won the 1928 elections but was assassinated by a Catholic activist, causing

708-459: A 22 percent decrease from 1.79 million metric tons in YTD 2018. Based on available data, Canada's exports represented about 1.5 percent of all steel exported globally in 2017. By volume, Canada's 2018 steel exports represented just over one-tenth the volume of the world's largest exporter, China. In value terms, steel represented 1.4 percent of the total goods Canada exported in 2018. The growth in exports in

885-476: A broad overview of productivity levels and growth in member nations, highlighting key measurement issues. It analyses the role of "productivity as the main driver of economic growth and convergence" and the "contributions of labour, capital and MFP in driving economic growth". According to the definition above "MFP is often interpreted as the contribution to economic growth made by factors such as technical and organisational innovation". Measures of productivity include

1062-672: A burgeoning film, television, and entertainment industry creating content for local and international consumption (see Media in Canada ). Tourism is of ever increasing importance, with the vast majority of international visitors coming from the United States. Casino gaming is currently the fastest-growing component of the Canadian tourism industry, contributing $ 5 billion in profits for Canadian governments and employing 41,000 Canadians as of 2001. The general pattern of development for wealthy nations

1239-645: A country. This situation tends to lower the ranking of some of the most advanced countries, such as the G7 members and others. According to the United Nations Statistics Division : There is no established convention for the designation of "developed" and "developing" countries or areas in the United Nations system. And it notes that: The designations "developed" and "developing" are intended for statistical convenience and do not necessarily express

1416-492: A decade of civil war, the "wind that swept Mexico." The Mexican Revolution was a decade-long transformational conflict. It began with scattered uprisings against President Díaz after the fraudulent 1910 election, his resignation in May 1911, demobilization of rebel forces, an interim presidency of a member of the old guard and the democratic election of a rich, civilian landowner, Francisco I. Madero in fall 1911. In February 1913 ,

1593-610: A fast-growing portion of the total, at 7% in 2016. Canada possesses extensive oil and gas resources centered in Alberta, and the Northern Territories but is also present in neighboring British Columbia and Saskatchewan . The vast Athabasca oil sands give Canada the world's third-largest reserves of oil after Saudi Arabia and Venezuela, according to USGS . The oil and gas industry represents 27% of Canada's total greenhouse gas emissions , an increase of 84% since 1990, mostly due to

1770-640: A few island nations in the Caribbean , Canada is the only North American country to use the parliamentary system of government. As a result, Canada has developed its own social and political institutions, distinct from most other countries in the world. Though the Canadian economy is closely integrated with the American economy , it has developed unique economic institutions. The Canadian economic system generally combines elements of private enterprise and public enterprise . Many aspects of public enterprise, most notably

1947-407: A function of elevation. This gives Mexico one of the world's most diverse weather systems. Maritime air masses bring seasonal precipitation from May until August. Many parts of Mexico, particularly the north, have a dry climate with only sporadic rainfall, while parts of the tropical lowlands in the south average more than 2,000 mm (78.7 in) of annual precipitation. For example, many cities in

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2124-640: A group of officials from major creditor countries whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by debtor countries. 15 countries in Europe: three countries in the Americas: three countries in Asia: one country in Oceania: Comparative table of countries with a "very high" human development (0.800 or higher), according to UNDP ; "advanced" economies, according to

2301-789: A judgement about the stage reached by a particular country or area in the development process. Nevertheless, the UN Trade and Development considers that this categorization can continue to be applied: The developed economies broadly comprise Northern America and Europe, Israel, Japan, the Republic of Korea, Australia, and New Zealand. Terms linked to the concept developed country include "advanced country", "industrialized country", "more developed country" (MDC), "more economically developed country" (MEDC), " Global North country", " first world country", and "post-industrial country". The term industrialized country may be somewhat ambiguous, as industrialisation

2478-964: A leading producer, there is little risk of depletion. Large discoveries continue to be made, such as the massive nickel find at Voisey's Bay . Moreover, the far north remains largely undeveloped as producers await higher prices or new technologies as many operations in this region are not yet cost effective. In recent decades Canadians have become less willing to accept the environmental destruction associated with exploiting natural resources. High wages and Aboriginal land claims have also curbed expansion. Instead, many Canadian companies have focused their exploration, exploitation and expansion activities overseas where prices are lower and governments more amenable. Canadian companies are increasingly playing important roles in Latin America, Southeast Asia, and Africa. The depletion of renewable resources has raised concerns in recent years. After decades of escalating overutilization

2655-466: A majority of provinces, large government-owned integrated public utilities play a leading role in the generation , transmission and distribution of electricity. Ontario and Alberta have created electricity markets in the last decade in order to increase investment and competition in this sector of the economy. In 2017, the electricity sector accounted for 10% of total national greenhouse gas emissions. Canada has substantial electricity trade with

2832-627: A military coup d'état overthrew Madero's government, with the support of the U.S., resulting in Madero's murder by agents of Federal Army General Victoriano Huerta . During the Revolution, the U.S. Republican administration of Taft supported the Huerta coup against Madero, but when Democrat Woodrow Wilson was inaugurated as president in March 1913, Wilson refused to recognize Huerta's regime and allowed arms sales to

3009-454: A natural southern border between Mexico and Guatemala. The climate of Mexico is varied due to the country's size and topography. Tropic of Cancer effectively divides the country into temperate and tropical zones. Land north of the Tropic of Cancer experiences cooler temperatures during the winter months. South of the Tropic of Cancer, temperatures are fairly constant year-round and vary solely as

3186-520: A new Constitution of 1857 , separating Church and State, stripping the Church and the military of their special privileges ( fueros ); mandating the sale of Church-owned property and sale of indigenous community lands, and secularizing education. Conservatives revolted, touching off civil war between rival Liberal and Conservative governments (1858–1861). The Liberals defeated the Conservative army on

3363-502: A new generation of leaders. But his announcement set off a frenzy of political activity, including the unlikely candidacy of the scion of a rich landowning family, Francisco I. Madero . Madero won a surprising amount of political support when Díaz changed his mind and ran in the election, jailing Madero. The September centennial celebration of independence was the last celebration of the Porfiriato . The Mexican Revolution starting in 1910 saw

3540-548: A peaceful political solution, but the coalition splintered, plunging Mexico again into a civil war. Constitutionalist general Pancho Villa , commander of the Division of the North, broke with Carranza and allied with Zapata. Carranza's best general Alvaro Obregón defeated Villa, his former comrade-in-arms in the Battle of Celaya in 1915, and Villa's northern forces melted away Carranza became

3717-448: A plurality of around 38% and did not have a legislative majority. During the twenty-first century, Mexico has contended with high crime rates , bureaucratic corruption , narcotrafficking , and a stagnant economy. Many state-owned industrial enterprises were privatized starting in the 1990s with neoliberal reforms, but Pemex , the state-owned petroleum company is only slowly being privatized, with exploration licenses being issued. In

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3894-539: A political crisis of succession. Calles could not become president again, so he sought to set up a structure to manage presidential succession, founding the Institutional Revolutionary Party , which went on to dominate Mexico for the rest of the 20th century. Despite not holding the presidency, Calles remained the key political figure during the period known as the Maximato (1929–1934), that ended during

4071-435: A population of almost 130 million, it is the 10th most populous country and has the most Spanish speakers in the world. Mexico is a constitutional republic comprising 31 states and Mexico City , its capital and largest city , which is among the world's most populous metropolitan areas . The country borders the United States to the north; as well as Guatemala and Belize to the southeast. It has maritime borders with

4248-402: A push against government corruption, the ex-CEO of Pemex, Emilio Lozoya Austin , was arrested in 2020. After founding the new political party MORENA , Andrés Manuel López Obrador (commonly known as AMLO) won the 2018 presidential election with over 50% of the vote. His political coalition, led by his left-wing party founded after the 2012 elections, included parties and politicians from across

4425-450: A relative decline of more than 5% of GDP since 2005. Central Canada is home to branch plants to all the major American and Japanese automobile makers and many parts factories owned by Canadian firms such as Magna International and Linamar Corporation . Canada was the world's nineteenth-largest steel exporter in 2018. In year-to-date 2019 (through March), further referred to as YTD 2019, Canada exported 1.39 million metric tons of steel,

4602-461: A relatively low level of income disparity . The country's average household disposable income per capita is "well above" the OECD average. Canada ranks among the lowest of the most developed countries for housing affordability and foreign direct investment . Among OECD members, Canada has a highly efficient and strong social security system ; social expenditure stood at roughly 23.1% of GDP . Since

4779-595: A shift towards neoliberal policies, exemplified by the signing of the North American Free Trade Agreement (NAFTA) in 1994, amidst unrest in Chiapas . Mexico is a newly industrialized and developing country , with the world's 12th-largest economy by nominal GDP and 12th-largest by PPP . Mexico ranks first in the Americas and seventh in the world by the number of UNESCO World Heritage Sites . It

4956-462: A signatory of the Plan of Iguala that achieved independence, became president in a disputed election. During his short term in office, from April to December 1829, he abolished slavery. His Conservative vice president, former Royalist General Anastasio Bustamante , led a coup against him and Guerrero was judicially murdered . Mexico's ability to maintain its independence and establish a viable government

5133-520: A system of parallel voting that includes plurality and proportional representation . The Chamber of Deputies has 500 deputies. Of these, 300 are elected by plurality vote in single-member districts (the federal electoral districts ) and 200 are elected by proportional representation with closed party lists for which the country is divided into five electoral constituencies. The Senate comprises 128 senators: 64 (two for each state and two for Mexico City) are elected by plurality vote in pairs, 32 are

5310-611: Is a sovereign state that has a high quality of life , developed economy , and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are the gross domestic product (GDP), gross national product (GNP), the per capita income , level of industrialization, amount of widespread infrastructure and general standard of living. Which criteria are to be used and which countries can be classified as being developed are subjects of debate. Different definitions of developed countries are provided by

5487-414: Is a leading exporter of zinc, uranium, gold, nickel, platinoids , aluminum, steel, iron ore , coking coal , lead, copper, molybdenum, cobalt, and cadmium. Canada has a sizeable manufacturing sector centred in southern Ontario and Quebec, with automobiles and aeronautics representing particularly important industries. The fishing industry is also a key contributor to the economy. With the exception of

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5664-632: Is a major exporter of agricultural products, to the United States and Asia. As with all other developed nations, the proportion of the population and GDP devoted to agriculture fell dramatically over the 20th century. The agriculture and agri-food manufacturing sector created $ 49.0 billion to Canada's GDP in 2015, accounting for 2.6% of total GDP. This sector also accounts for 8.4% of Canada's Greenhouse gas emissions. The Canadian agriculture industry receives significant government subsidies and support as with other developed nations. However, Canada has strongly supported reducing market influencing subsidies through

5841-872: Is a member of United Nations , the G20 , the Organisation for Economic Co-operation and Development (OECD), the World Trade Organization (WTO), the Asia-Pacific Economic Cooperation forum, the Organization of American States , Community of Latin American and Caribbean States , and the Organization of Ibero-American States . Mēxihco is the Nahuatl term for the heartland of the Aztec Empire , namely

6018-810: Is also one of the world's 17 megadiverse countries , ranking fifth in natural biodiversity . It is a major tourist destination: as of 2022, it is the sixth most-visited country in the world , with 42.2 million international arrivals. Mexico's large economy and population, global cultural influence, and steady democratization make it a regional and middle power , increasingly identifying as an emerging power . Mexico has made significant political and socioeconomic gains in recent decades. However, as with much of Latin America , Mexico continues to struggle with poverty , systemic corruption , and extensive crime . Since 2006, an ongoing conflict between drug trafficking syndicates has led to over 127,000 deaths. Mexico

6195-491: Is an ongoing process that is hard to define. The first industrialized country was the United Kingdom , followed by Belgium . Later it spread further to Germany , United States , France and other Western European countries. According to some economists such as Jeffrey Sachs , however, the current divide between the developed and developing world is largely a phenomenon of the 20th century. Mathis Wackernagel calls

6372-407: Is by far its largest trading partner, accounting for about 73% of exports and 63% of imports as of 2009. Canada's combined exports and imports ranked 8th among all nations in 2006. About 4% of Canadians are directly employed in primary resource fields, and they account for 6.2% of GDP. They are still paramount in many parts of the country. Many, if not most, towns in northern Canada, where agriculture

6549-684: Is considered one of the six independent cradles of civilization , this era saw the origin of distinct cultural traits such as religious and symbolic traditions, maize cultivation, artistic and architectural complexes as well as a vigesimal (base 20) numeric system that spread from the Mexican cultures to the rest of the Mesoamerican cultural area. In this period, villages became more dense in terms of population, becoming socially stratified with an artisan class, and developing into chiefdoms . The most powerful rulers had religious and political power, organizing

6726-562: Is difficult, exist because of a nearby mine or source of timber. Canada is a world leader in the production of many natural resources such as gold , nickel , uranium , diamonds , lead , and in recent years, crude petroleum , which, with the world's second-largest oil reserves, is taking an increasingly prominent position in natural resources extraction. Several of Canada's largest companies are based in natural resource industries, such as Encana , Cameco , Goldcorp , and Barrick Gold . The vast majority of these products are exported, mainly to

6903-438: Is home of 10–12% of the world's biodiversity. Mexico ranks first in biodiversity in reptiles with 707 known species, second in mammals with 438 species , fourth in amphibians with 290 species, and fourth in flora, with 26,000 different species. Mexico is also considered the second country in the world in ecosystems and fourth in overall species. About 2,500 species are protected by Mexican legislation. In 2002 , Mexico had

7080-454: Is incompatible with agriculture due to aridity, soil, or terrain. In 2018, an estimated 54.9% of land is agricultural; 11.8% is arable; 1.4% is in permanent crops; 41.7% is permanent pasture; and 33.3% is forest. Mexico is irrigated by several rivers, with the longest being the Rio Grande , which serves as a natural eastern border with the United States. The Usumacinta River in turn, serves as

7257-494: Is not stabilizing as quickly as anticipated. During the period that John Crow was Governor of the Bank of Canada—1987 to 1994—there was a worldwide recession and the bank rate rose to around 14% and unemployment topped 11%. Although since that time inflation-targeting has been adopted by "most advanced-world central banks", in 1991 it was innovative and Canada was an early adopter when the then-Finance Minister Michael Wilson approved

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7434-552: Is now referred to as the Mexican Dirty War . In the 1980s the first cracks emerged in the PRI's complete political dominance. In Baja California , the PAN candidate was elected as governor. When De la Madrid chose Carlos Salinas de Gortari as the candidate for the PRI, and therefore a foregone presidential victor, Cuauhtémoc Cárdenas , son of former President Lázaro Cárdenas , broke with

7611-570: Is responsible for executing and enforcing the law and has the power to veto bills. The highest organ of the judicial branch of government is the Supreme Court of Justice , the national supreme court , which has eleven judges appointed by the President and approved by the Senate. The Supreme Court of Justice interprets laws and judges cases of federal competency. Other institutions of the judiciary are

7788-636: Is the world's 13th largest country by total area . It has coastlines on the Pacific Ocean and Gulf of California , as well as the Gulf of Mexico and Caribbean Sea , the latter two forming part of the Atlantic Ocean . Within these seas are about 6,000 km (2,317 sq mi) of islands (including the remote Pacific Guadalupe Island and the Revillagigedo Islands ). Almost all of Mexico lies in

7965-454: The 2024 presidential election in a landslide and upon taking office in October became the first woman to lead the country in Mexico's history. She was sworn in as Mexico's president on 1 October 2024. Mexico is located between latitudes 14° and 33°N , and longitudes 86° and 119°W in the southern portion of North America, with a total area of 1,972,550 km (761,606 sq mi),

8142-584: The Archdiocese of Mexico in 1546, with the archbishop as the head of the ecclesiastical hierarchy. Castilian Spanish was the language of rulers. The Catholic faith was the only one permitted, with non-Catholics and Catholics (excluding Indians) holding unorthodox views being subject to the Mexican Inquisition , established in 1571. Spanish military forces, sometimes accompanied by native allies, led expeditions to conquer territory or quell rebellions through

8319-635: The Constitution to allow the Mexican Army, Air Force or Navy to collaborate with the United Nations in peacekeeping missions , or to provide military help to countries that officially ask for it. The Mexican Federal Police was dissolved in 2019 by a constitutional amendment during the administration of President López Obrador and the Mexican National Guard established, amalgamating units of

8496-859: The Cordillera Neo-Volcánica , the Gulf Coastal Plain , the Southern Highlands, and the Yucatán Peninsula . An important geologic feature of the Yucatán peninsula is the Chicxulub crater , the scientific consensus is that the Chicxulub impactor was responsible for the Cretaceous–Paleogene extinction event . Although Mexico is large (a little over 2,000 mi (3,219 km) in length from its farthest land points), much of its land mass

8673-871: The Council of the Indies based in Spain to oversee State power in its overseas territories; in New Spain the crown established a high court in Mexico City, the Real Audiencia ('royal audience' or 'royal tribunal'), and then in 1535 created the Viceroyalty of New Spain . The viceroy was the highest official of the State. In the religious sphere, the Diocese of Mexico was created in 1530 and elevated to

8850-762: The Federal Electoral Tribunal , collegiate, unitary, and district tribunals, and the Council of the Federal Judiciary. Three parties have historically been the dominant parties in Mexican politics: the Institutional Revolutionary Party (PRI), a catch-all party and member of the Socialist International that was founded in 1929 to unite all the factions of the Mexican Revolution and held an almost hegemonic power in Mexican politics since then;

9027-558: The Forbes Global 2000 list, ranking ninth just behind South Korea and ahead of Saudi Arabia. International trade makes up a large part of the Canadian economy, particularly of its natural resources. In 2009, agriculture, energy, forestry and mining exports accounted for about 58% of Canada's total exports. Machinery, equipment, automotive products and other manufactures accounted for a further 38% of exports in 2009. In 2009, exports accounted for about 30% of Canada's GDP. The United States

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9204-465: The Human Development Index (HDI), which combines an economic measure, national income, with other measures, indices for life expectancy and education has become prominent. This criterion would define developed countries as those with a very high (HDI) rating. The index, however, does not take into account several factors, such as the net wealth per capita or the relative quality of goods in

9381-473: The IMF . Economic criteria have tended to dominate discussions. One such criterion is the income per capita; countries with the high gross domestic product (GDP) per capita would thus be described as developed countries. Another economic criterion is industrialisation ; countries in which the tertiary and quaternary sectors of industry dominate would thus be described as developed. More recently, another measure,

9558-531: The IMF ; "high income" economies, according to the World Bank . *Top country subdivisions by GDP *Top country subdivisions by GDP per capita *Top country metropolitan by GDP Mexico Mexico , officially the United Mexican States , is a country in the southern portion of North America . Covering 1,972,550 km (761,610 sq mi), it is the world's 13th largest country by area; with

9735-479: The International Monetary Fund and the World Bank ; moreover, HDI ranking is used to reflect the composite index of life expectancy, education, and income per capita. In 2023 , 40 countries fit all four criteria, while an additional 19 countries fit three out of four. Developed countries have generally more advanced post-industrial economies, meaning the service sector provides more wealth than

9912-472: The Mexican peso crisis , requiring a $ 50 billion IMF bailout. Major macroeconomic reforms were started by Zedillo, and the economy rapidly recovered and growth peaked at almost 7% by the end of 1999. After 71 years of rule, the incumbent PRI lost the 2000 presidential election to Vicente Fox of the opposing conservative National Action Party (PAN). In the 2006 presidential election , Felipe Calderón from

10089-794: The National Action Party (PAN), a conservative party founded in 1939 and belonging to the Christian Democrat Organization of America ; and the Party of the Democratic Revolution (PRD) a left-wing party, founded in 1989 as the successor of the coalition of socialists and liberal parties. The foreign relations of Mexico are directed by the President of Mexico and managed through the Ministry of Foreign Affairs . The principles of

10266-484: The North American Plate , with small parts of the Baja California peninsula on the Pacific and Cocos Plates . Geophysically , some geographers include the territory east of the Isthmus of Tehuantepec (around 12% of the total) within Central America. Geopolitically , however, Mexico is entirely considered part of North America, along with Canada and the United States. The majority of Mexican central and northern territories are located at high altitudes, and as such

10443-425: The Pacific Ocean to the west, the Caribbean Sea to the southeast, and the Gulf of Mexico to the east. Human presence in Pre-Columbian Mexico dates back to 8,000 BC as one of six cradles of civilization . Mesoamerica hosted civilizations including the Olmec , Maya , Zapotec , Teotihuacan , and Purepecha . Aztec domination of the area preceded Spanish conquest of the Aztec Empire , which established

10620-440: The Plan of Casa Mata . After the forced abdication of the monarch, Central America and Chiapas left the union to form the Federal Republic of Central America . In 1824, the First Mexican Republic was established. Former insurgent General Guadalupe Victoria became the first president of the republic — the first of many army generals to hold the presidency. In 1829, former insurgent general and fierce Liberal Vicente Guerrero ,

10797-416: The Seven Years' War . It created a standing military, increased coastal fortifications, and expanded the northern presidios and missions into Alta California . The volatility of the urban poor in Mexico City was evident in the 1692 riot in the Zócalo. The riot over the price of maize escalated to a full-scale attack on the seats of power, with the viceregal palace and the archbishop's residence attacked by

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10974-433: The Spanish Empire in 1821 and became a sovereign state the Intendency came to be known as the State of Mexico , with the new country being named after its capital: Mexico City . The country's official name has changed as the form of government has changed. The declaration of independence signed on 6 November 1813 by the deputies of the Congress of Anáhuac called the territory América Septentrional (Northern America);

11151-440: The Valley of Mexico and surrounding territories, with its people being known as the Mexica . It is generally believed that the toponym for the valley was the origin of the primary ethnonym for the Aztec Triple Alliance , but it may have been the other way around. In the colonial era (1521–1821) when Mexico was known as New Spain this central region became the Intendency of Mexico . After New Spain achieved independence from

11328-474: The World Trade Organization . In 2000, Canada spent approximately CDN$ 4.6 billion on support for the industry. $ 2.32 billion was classified under the WTO designation of "green box" license, meaning it did not directly influence the market, such as money for research or disaster relief. All but $ 848.2 million were subsidies worth less than 5% of the value of the crops they were provided for. Developed country A developed country , or advanced country ,

11505-479: The Yucatán Peninsula ), have a yearly median temperature between 24 and 28 °C (75.2 and 82.4 °F). Temperatures here remain high throughout the year, with only a 5 °C (9 °F) difference between winter and summer median temperatures. The Pacific coast is subject to natural hazards such as tsunamis and both Mexican coasts with the exception of the south coast of the Bay of Campeche and northern Baja California are vulnerable to serious hurricanes during

11682-437: The cod fishery all but collapsed in the 1990s, and the Pacific salmon industry also suffered greatly. The logging industry, after many years of activism, has in recent years moved to a more sustainable model, or to other countries. Productivity measures are key indicators of economic performance and a key source of economic growth and competitiveness. OECD's Compendium of Productivity Indicators , published annually, presents

11859-440: The commodities markets , which in turn negatively impacted resource-producing countries like Canada. The Bank's main priority has been to keep inflation at a moderate level. As part of that strategy, interest rates were kept at a low level for almost seven years. Since September 2010, the key interest rate (overnight rate) was 0.5%. In mid 2017, inflation remained below the Bank's 2% target, (at 1.6%) mostly because of reductions in

12036-407: The decline of the manufacturing sector in the Netherlands . The National Energy Policy of the early 1980s attempted to make Canada oil-sufficient and to ensure equal supply and price of oil in all parts of Canada, especially for the eastern manufacturing base. This policy proved deeply divisive as it forced Alberta to sell low-priced oil to eastern Canada. The policy was eliminated 5 years after it

12213-422: The foreign policy are constitutionally recognized in the Article 89, Section 10, which include: respect for international law and legal equality of states , their sovereignty and independence , trend to non-interventionism in the domestic affairs of other countries, peaceful resolution of conflicts , and promotion of collective security through active participation in international organizations . Since

12390-495: The forestry and petroleum industries are the most prominent components. Many towns in northern Canada, where agriculture is difficult, are sustained by nearby mines or sources of timber. Canada spends around 1.70% of GDP on advance research and development across various sectors of the economy. Canada's economic integration with the United States has increased significantly since World War II . The Automotive Products Trade Agreement of 1965 opened Canada's borders to trade in

12567-424: The gross domestic product (GDP) and total factor productivity . Another productivity measure, used by OECD, is the long-term trend in multifactor productivity (MFP) also known as total factor productivity (TFP). This indicator assesses an economy's "underlying productive capacity ('potential output'), itself an important measure of the growth possibilities of economies and of inflationary pressures". MFP measures

12744-415: The industrial sector . They are contrasted with developing countries , which are in the process of industrialisation or are pre-industrial and almost entirely agrarian , some of which might fall into the category of Least Developed Countries . As of 2023 , advanced economies comprise 57.3% of global GDP based on nominal values and 41.1% of global GDP based on purchasing-power parity (PPP) according to

12921-416: The inflation-targeting monetary policy that has been the cornerstone of Canada's monetary and fiscal policy since the early 1990s, the Bank of Canada sets an inflation target The inflation target was set at 2 per cent, which is the midpoint of an inflation range of 1 to 3 per cent. They established a set of inflation-reduction targets to keep inflation "low, stable and predictable" and to foster "confidence in

13098-460: The 1821 Plan of Iguala also used América Septentrional. On two occasions (1821–1823 and 1863–1867), the country was known as Imperio Mexicano ( Mexican Empire ). All three federal constitutions (1824, 1857, and 1917, the current constitution) used the name Estados Unidos Mexicanos —or the variant Estados-Unidos Mexicanos , all of which have been translated as "United Mexican States". The phrase República Mexicana , "Mexican Republic",

13275-663: The 1824 constitution and promulgating the Seven Laws , which placed power in his hands. As a result, civil war spread across the country. Three new governments declared independence: the Republic of Texas , the Republic of the Rio Grande and the Republic of Yucatán . The largest blow to Mexico was the U.S. invasion of Mexico in 1846 in the Mexican–American War . Mexico lost much of its sparsely populated northern territory, sealed in

13452-547: The 1848 Treaty of Guadalupe Hidalgo . Despite that disastrous loss, Santa Anna returned to the presidency yet again before being ousted and exiled in the Liberal Revolution of Ayutla . The overthrow of Santa Anna and the establishment of a civilian government by Liberals allowed them to enact laws that they considered vital for Mexico's economic development. The Liberal Reform attempted to modernize Mexico's economy and institutions along liberal principles. They promulgated

13629-456: The 1920 presidential election. Since Carranza could not run for re-election, he chose a civilian to succeed him, intending to remain the power behind the presidency. Obregón and two other Sonoran revolutionary generals drew up the Plan of Agua Prieta , overthrowing Carranza, who died fleeing Mexico City in 1920. General Adolfo de la Huerta became interim president, followed by the election of General Álvaro Obregón . The first quarter-century of

13806-574: The 1930s, the Estrada Doctrine has served as a crucial complement to these principles. Mexico is a founding member of several international organizations, most notably the United Nations, the Organization of American States , the Organization of Ibero-American States , the OPANAL and the CELAC . In 2008, Mexico contributed over 40 million dollars to the United Nations regular budget. In addition, it

13983-466: The 1960s. A 2009 study by Statistics Canada also found that, while manufacturing declined as a relative percentage of GDP from 24.3% in the 1960s to 15.6% in 2005, manufacturing volumes between 1961 and 2005 kept pace with the overall growth in the volume index of GDP. Manufacturing in Canada declined significantly during the Great Recession . As of 2017, manufacturing accounts for 10% of Canada's GDP,

14160-724: The Aztec Empire began in February 1519 when Hernán Cortés founded the Spanish city of Veracruz . The 1521 capture of Tenochtitlan and posterior founding of the Spanish capital Mexico City on its ruins was the beginning of a 300-year-long colonial era during which Mexico was known as Nueva España ( New Spain ). Two factors made Mexico a jewel in the Spanish Empire: the existence of large, hierarchically organized Mesoamerican populations that rendered tribute and performed obligatory labor and

14337-493: The Bank of Canada's July 15, 2015 rate adjustment, Prime Minister Stephen Harper explained that the economy was "being dragged down by forces beyond Canadian borders such as global oil prices, the European debt crisis, and China's economic slowdown" which has made the global economy "fragile". The Chinese stock market had lost about US$ 3 trillion of wealth by July 2015 when panicked investors sold stocks, which created declines in

14514-475: The Bank of Canada's first inflation-targeting in the 1991 federal budget. The inflation target was set at 2 per cent. Inflation is measured by the total consumer price index (CPI). In 2011 the Government of Canada and the Bank of Canada extended Canada's inflation-control target to December 31, 2016. The Bank of Canada uses three unconventional instruments to achieve the inflation target: "a conditional statement on

14691-479: The Canadian economy had the following relative weighting by the industry as a percentage value of GDP: The service sector in Canada is vast and multifaceted, employing about three quarters of Canadians and accounting for 70% of GDP. The largest employer is the retail sector, employing almost 12% of Canadians. The retail industry is concentrated mainly in a small number of chain stores clustered together in shopping malls . In recent years, there has been an increase in

14868-674: The Constitutionalists. Wilson ordered troops to occupy the strategic port of Veracruz in 1914, which was lifted. A coalition of anti-Huerta forces in the North, the Constitutional Army led by Governor of Coahuila Venustiano Carranza , and a peasant army in the South under Emiliano Zapata defeated the Federal Army in 1914, leaving only revolutionary forces. Following the revolutionaries' victory against Huerta, they sought to broker

15045-642: The Crown's monopoly of revenue, only two ports were open to foreign trade—Veracruz on the Atlantic (connecting to Spain ) and Acapulco on the Pacific (connecting to the Philippines ). Among the best-known pirate attacks are the 1663 Sack of Campeche and 1683 Attack on Veracruz . Of greater concern to the crown was the issue of foreign invasion, especially after Britain seized in 1762 the Spanish ports of Havana and Manila in

15222-578: The Epi-Classic, Nahua peoples began moving south into Mesoamerica from the North, and became politically and culturally dominant in central Mexico, as they displaced speakers of Oto-Manguean languages . During the early post-classic era (ca. 1000–1519 AD), Central Mexico was dominated by the Toltec culture, Oaxaca by the Mixtec , and the lowland Maya area had important centers at Chichén Itzá and Mayapán . Toward

15399-691: The Federal Police, Military Police, and Naval Police. As of 2022, the National Guard is estimated at 110,000. López Obrador has increasingly used military forces for domestic law enforcement, particularly against drug cartels. There have been serious abuses of power reported in security operations in the southern part of the country and in indigenous communities and poor urban neighborhoods. The National Human Rights Commission has had little impact in reversing this trend, engaging mostly in documentation but failing to use its powers to issue public condemnations to

15576-642: The French invaders and Liberalism became synonymous with patriotism. The Mexican Army that had its roots in the colonial royal army and then the army of the early republic was destroyed and new military leaders had emerged from the War of the Reform and the conflict with the French, most notably Porfirio Díaz , a hero of the Cinco de Mayo , who now sought civilian power and challenged Juárez on his re-election in 1867. Díaz then rebelled but

15753-483: The HDI accounts for more than income or productivity. Unlike GDP per capita or per capita income, the HDI takes into account how income is turned "into education and health opportunities and therefore into higher levels of human development." Since 1990, Norway (2001–2006, 2009–2019), Japan (1990–1991 and 1993), Canada (1992 and 1994–2000) and Iceland (2007–2008) have had the highest HDI score. The following countries in

15930-520: The IMF's list of 38 Advanced Economies, noting that the IMF's Advanced Economies list "would presumably also cover the following nine smaller countries of Andorra, Bermuda, Faroe Islands, Guernsey, Holy See, Jersey, Liechtenstein, Monaco, and San Marino[...]". San Marino (2012) and Andorra (2021) were later included in the IMF's list. There are 22 permanent members in the Paris Club ( French : Club de Paris ),

16107-479: The Mexican government encouraged Anglo-American immigration into present-day Texas, a region that bordered that United States. Mexico by law was a Catholic country; the Anglo-Americans were primarily Protestant English speakers from the southern United States. Some brought their black slaves, which after 1829 was contrary to Mexican law. In 1835, Santa Anna sought to centralize government rule in Mexico, suspending

16284-472: The Mexican revolution met at a constitutional convention to draft the Constitution of 1917 , which was ratified in February 1917. The Constitution empowered the government to expropriate resources including land, gave rights to labor, and strengthened anticlerical provisions of the 1857 Constitution. With amendments, it remains the governing document of Mexico. It is estimated that the revolutionary war killed 900,000 people out of Mexico's 15 million population at

16461-582: The National Guard, which was formed in 2019 from the disbanded Federal Police and military police of the Army and Navy. Figures vary on personnel, but as of are approximately 223,000 armed forces personnel (160,000 Army; 8,000 Air Force; 55,000 Navy, including about 20,000 Marines); approximately 100,000 National Guard (2021). Government expenditures on the military are a small proportion of GDP: 0.7% of GDP (2021 est.), 0.6% of GDP (2020). The Mexican Armed Forces maintain significant infrastructure, including facilities for

16638-531: The OECD's latest Canadian economic survey. The mandate of the central bank—the Bank of Canada is to conduct monetary policy that "preserves the value of money by keeping inflation low and stable". The Bank of Canada issues its bank rate announcement through its Monetary Policy Report which is released eight times a year. The Bank of Canada , a federal crown corporation, has the responsibility of Canada's monetary system. Under

16815-475: The PAN was declared the winner, with a very narrow margin (0.58%) over leftist politician Andrés Manuel López Obrador of the Party of the Democratic Revolution (PRD). López Obrador, however, contested the election and pledged to create an "alternative government". After twelve years, in the 2012 presidential election , the PRI again won the presidency with the election of Enrique Peña Nieto . However, he won with

16992-450: The PRI and challenged Salinas in the 1988 elections. In 1988 there was massive electoral fraud , with results showing that Salinas had won the election by the narrowest percentage ever. There were massive protests in Mexico City over the stolen election. Salinas took the oath of office on 1 December 1988. In 1990 the PRI was famously described by Mario Vargas Llosa as the "perfect dictatorship", but by then there had been major challenges to

17169-517: The PRI's hegemony. Salinas embarked on a program of neoliberal reforms that fixed the exchange rate of the peso, controlled inflation, opened Mexico to foreign investment, and began talks with the U.S. and Canada to join their free-trade agreement , which culminated in the North American Free Trade Agreement (NAFTA) on 1 January 1994; the same day, the Zapatista Army of National Liberation (EZLN) in Chiapas began armed peasant rebellion against

17346-591: The Pacific: According to the World Bank , the following 85 sovereign states and territories across are classified as "high income" economies , having a nominal GDP per capita in excess of $ 14,005 as of 2024: Unsovereign Territories are denoted with an asterisk (*) . There are 29 OECD member countries and the European Union —in the Development Assistance Committee (DAC), a group of

17523-467: The U.S. entered World War I. Although often viewed as an internal conflict, the revolution had significant international elements: Germany attempted to get Mexico to side with it, sending a coded telegram in 1917 to incite war between the U.S. and Mexico, with Mexico to regain the territory it lost in the Mexican-American War but Mexico remained neutral in the conflict. In 1916, the winners of

17700-434: The United States in YTD 2019. The gap between domestic demand and domestic production increased to −2.4 million metric tons, up from −0.2 million metric tons in YTD 2018. In YTD 2019, exports as a share of production decreased to 41.6 percent from 53 percent in YTD 2018. In 2017, heavy industry accounted for 10.2% of Canada's greenhouse gas emissions. Canada is one of the largest producers of metals (as of 2019): In 2019,

17877-401: The United States. In 2018, Canada had a trade deficit in goods of $ 22 billion and a trade deficit in services of $ 25 billion. The Toronto Stock Exchange is the tenth-largest stock exchange in the world by market capitalization , listing over 1,500 companies with a combined market capitalization of over US$ 3 trillion . Canada has a strong cooperative banking sector, with

18054-603: The United States. There are also many secondary and service industries that are directly linked to primary ones. For instance one of Canada's largest manufacturing industries is the pulp and paper sector, which is directly linked to the logging business. The reliance on natural resources has several effects on the Canadian economy and Canadian society. While manufacturing and service industries are easy to standardize, natural resources vary greatly by region. This ensures that differing economic structures developed in each region of Canada, contributing to Canada's strong regionalism. At

18231-788: The addition of 7 microstates and dependencies modified by the CIA which were omitted from the IMF version: 29 countries and dependencies in Europe classified by the IMF, 6 others given by the CIA: Plus seven countries and territories in Asia : three countries and territories in the Americas classified by the IMF, one territory given by the CIA ;: two countries in Oceania : The CIA has modified an older version of

18408-524: The army for a short period were incorporated as sectors of the single party that dominated Mexican politics from its founding in 1929. Obregón instigated land reform and strengthened the power of organized labor. He gained recognition from the United States and took steps to settle claims with companies and individuals that lost property during the Revolution. He imposed his fellow former Sonoran revolutionary general, Calles, as his successor, prompting an unsuccessful military revolt. As president, Calles provoked

18585-415: The arts and sciences. Díaz ruled with a group of advisors that became known as the científicos ('scientists'). The most influential científico was Secretary of Finance José Yves Limantour . The Porfirian regime was influenced by positivism . They rejected theology and idealism in favor of scientific methods being applied towards national development. An integral aspect of the liberal project

18762-681: The automobile manufacturing industry. In the 1970s, concerns over energy self-sufficiency and foreign ownership in the manufacturing sectors prompted the federal government to enact the National Energy Program (NEP) and the Foreign Investment Review Agency (FIRA). The government abolished the NEP in the 1980s and changed the name of FIRA to Investment Canada to encourage foreign investment. The Canada – United States Free Trade Agreement (FTA) of 1988 eliminated tariffs between

18939-460: The battlefield, Lerdo fled from office into exile. After the turmoil in Mexico from 1810 to 1876, the 35-year rule of Liberal General Porfirio Díaz (r.1876–1911) allowed Mexico to rapidly modernize in a period characterized as one of " order and progress ". The Porfiriato was characterized by economic stability and growth, significant foreign investment and influence, an expansion of the railroad network and telecommunications, and investments in

19116-484: The battlefield, but Conservatives sought another solution to gain power via foreign intervention by the French, asking Emperor Napoleon III to place a European monarch as head of state in Mexico. The French Army defeated the Mexican Army and placed Maximilian Habsburg on the newly established throne of Mexico, supported by Mexican Conservatives and propped up by the French Army. The Liberal Republic under Benito Juárez

19293-457: The binary labeling of countries as "neither descriptive nor explanatory. It is merely a thoughtless and destructive endorsement of GDP fetish. In reality, there are not two types of countries, but over 200 countries, all faced with the same laws of nature, yet each with unique features." A 2021 analysis proposes the term emerged to describe markets, economies, or countries that have graduated from emerging market status, but have not yet reached

19470-595: The capabilities to manufacture nuclear weapons, but abandoned this possibility with the Treaty of Tlatelolco in 1968 and pledged to use its nuclear technology only for peaceful purposes. Mexico signed the UN treaty on the Prohibition of Nuclear Weapons . Historically, Mexico has remained neutral in international conflicts, with the exception of World War II . However, in recent years some political parties have proposed an amendment of

19647-604: The colonial era. Notable Amerindian revolts in sporadically populated northern New Spain include the Chichimeca War (1576–1606), Tepehuán Revolt (1616–1620), and the Pueblo Revolt (1680), the Tzeltal Rebellion of 1712 was a regional Maya revolt. Most rebellions were small-scale and local, posing no major threat to the ruling elites. To protect Mexico from the attacks of English, French, and Dutch pirates and protect

19824-404: The colony of New Spain centered in the former capital, Tenochtitlan (now Mexico City ). The Mexican War of Independence in the early 19th century was followed by political and socioeconomic upheaval. The Mexican–American War resulted in significant territorial losses in 1848. Liberal reforms introduced in the Constitution of 1857 prompted domestic conflict, French intervention , and

20001-668: The construction of large ceremonial centers. The earliest complex civilization in Mexico was the Olmec culture, which flourished on the Gulf Coast from around 1500 BC. Olmec cultural traits diffused through Mexico into other formative-era cultures in Chiapas, Oaxaca, and the Valley of Mexico. In the subsequent pre-classical period , the Maya and Zapotec civilizations developed complex centers at Calakmul and Monte Albán , respectively. During this period

20178-570: The cost of energy, food and automobiles; as well, the economy was in a continuing spurt with a predicted GDP growth of 2.8 percent by year end. Early on July 12, 2017, the bank issued a statement that the benchmark rate would be increased to 0.75%. Following the COVID-19 pandemic, critics have pointed out that the Bank of Canada's inflation-targeting has had unintended consequences, such as fuelling an increase in home prices and contributing to wealth inequalities by supporting higher equity values. In 2020,

20355-421: The country was also the 4th largest world producer of sulfur ; the 13th largest world producer of gypsum ; the 14th worldwide producer of antimony ; the world's 10th largest producer of graphite ; in addition to being the 6th largest world producer of salt . It was the 2nd largest producer in the world of uranium in 2018. Canada has access to cheap sources of energy because of its geography. This has enabled

20532-546: The country's generation capacity. The second-largest single source of power (15% of the total) is nuclear power, with several plants in Ontario generating more than half of that province's electricity and one generator in New Brunswick . This makes Canada the world's sixth-largest electricity producer generated by nuclear power, producing 95 TWh in 2017. Fossil fuels provide 19% of Canadian electric power, about half as coal (9% of

20709-415: The country; temperate humid and sub-humid being found mostly on pastures at an elevation of 1,800 meters and higher in central Mexico and cold climate usually found at an elevation of 3,500 meters and beyond. Most of the country's territory has a temperate to dry climate. Areas south of the Tropic of Cancer with elevations up to 1,000 m (3,281 ft) (the southern parts of both coastal plains as well as

20886-513: The creation of several important industries, such as the large aluminum industries in British Columbia and Quebec. Canada is also one of the world's highest per capita consumers of energy. The electricity sector in Canada has played a significant role in the economic and political life of the country since the late 19th century. The sector is organized along provincial and territorial lines. In

21063-479: The de facto head of Mexico, and the U.S. recognized his government while Zapata's forces in the south reverted to guerrilla warfare. After Pancho Villa was defeated by revolutionary forces in 1915, he led an incursion raid into Columbus, New Mexico , prompting the U.S. to send 10,000 troops led by General John J. Pershing in an unsuccessful attempt to capture Villa. Carranza pushed back against U.S. troops being in northern Mexico. The expeditionary forces withdrew as

21240-404: The decade since 2009 has been 29%. The largest producers in 2018 were ArcelorMittal , Essar Steel Algoma , and the first of those alone accounted for roughly half of Canadian steel production through its two subsidiaries. The top two markets for Canada's exports were its NAFTA partners, and by themselves accounted for 92 percent of exports by volume. Canada sent 83 percent of its steel exports to

21417-563: The design, research, and testing of weapons, vehicles, aircraft, naval vessels, defense systems and electronics; military industry manufacturing centers for building such systems, and advanced naval dockyards that build heavy military vessels and advanced missile technologies. Since the 1990s, when the military escalated its role in the war on drugs , increasing importance has been placed on acquiring airborne surveillance platforms, aircraft, helicopters , digital war-fighting technologies, urban warfare equipment and rapid troop transport. Mexico has

21594-424: The development of an extensive social welfare system to redress social and economic inequities, were adopted after the end of World War II in 1945. Approximately 89% of Canada's land is Crown land . Canada has one of the highest levels of economic freedom in the world. Today Canada closely resembles the U.S. in its market-oriented economic system and pattern of production. As of 2019, Canada has 56 companies in

21771-512: The development of the oil sands. Historically, an important issue in Canadian politics is the interplay between the oil and energy industry in Western Canada and the industrial heartland of Southern Ontario. Foreign investment in Western oil projects has fueled Canada 's rising dollar. This has raised the price of Ontario's manufacturing exports and made them less competitive, a problem similar to

21948-577: The discovery of vast silver deposits in northern Mexico. The Kingdom of New Spain was created from the remnants of the Aztec empire. The two pillars of Spanish rule were the State and the Roman Catholic Church, both under the authority of the Spanish crown. In 1493 the pope had granted sweeping powers to the Spanish monarchy for its overseas empire, with the proviso that the crown spread Christianity in its new realms. In 1524, King Charles I created

22125-427: The early 20th century, the growth of Canada's manufacturing, mining, and service sectors has transformed the nation from a largely rural economy to an urbanized, industrial one. Like many other developed countries, the Canadian economy is dominated by the service industry , which employs about three-quarters of the country's workforce. Among developed countries, Canada has an unusually important primary sector , of which

22302-533: The economy has been rapidly growing in recent years. It is largely concentrated in the major urban centres, especially Toronto , Montreal and Vancouver (see Banking in Canada ). The education and health sectors are two of Canada's largest, but both are primarily under the influence of the government. The health care industry has been quickly growing and is the third-largest in Canada. Its rapid growth has led to problems for governments who must find money to fund it. Canada has an important high tech industry, and

22479-607: The end of the post-Classic period, the Aztecs (or Mexica ) established dominance, establishing a political and economic empire based in the city of Tenochtitlan (modern Mexico City ), extending from central Mexico to the border with Guatemala. Although the Spanish Empire had established colonies in the Caribbean starting in 1493 the Spanish first learned of Mexico during the Juan de Grijalva expedition of 1518. The Spanish conquest of

22656-475: The establishment of an Empire , countered by the Republican resistance led by Benito Juárez . The rise of Porfirio Díaz 's dictatorship in the 19th century sparked the Mexican Revolution in 1910, which led to profound changes, such as the 1917 Constitution . Over the 20th century, Mexico experienced significant economic growth ; as well as issues of repression and electoral fraud . The late 20th century saw

22833-777: The extension of the Rocky Mountains from northern North America crossed the country from north to south and a fourth mountain range, the Sierra Madre del Sur , runs from Michoacán to Oaxaca . The Mexican territory is prone to volcanism . Mexico has nine distinct regions: Baja California , the Pacific Coastal Lowlands, the Mexican Plateau , the Sierra Madre Oriental , the Sierra Madre Occidental ,

23010-454: The federal government, which captured a few towns but brought world attention to the situation in Mexico. The armed conflict was short-lived and has continued as a non-violent opposition movement against neoliberalism and globalization . In 1994, following the assassination of the PRI's presidential candidate Luis Donaldo Colosio , Salinas was succeeded by victorious PRI candidate Ernesto Zedillo . Salinas left Zedillo's government to deal with

23187-537: The first minority or first-runner-up (one for each state and one for Mexico City), and 32 are elected by proportional representation from national closed party lists. The executive is the President of the United Mexican States , who is the head of state and government , as well as the commander-in-chief of the Mexican military forces. The President also appoints the Cabinet and other officers. The President

23364-596: The first true Mesoamerican writing systems were developed in the Epi-Olmec and Zapotec cultures. The Mesoamerican writing tradition reached its height in the Classic Maya Hieroglyphic script , the earliest written histories date from this era. The tradition of writing was important after the Spanish conquest in 1521, with indigenous scribes learning to write their languages in alphabetic letters, while also continuing to create pictorial texts. In Central Mexico,

23541-472: The fourth-largest oil reserves in the world. The vast Athabasca oil sands and other oil reserves give Canada 13 percent of global oil reserves, constituting the world's third or fourth-largest . Canada is additionally one of the world's largest suppliers of agricultural products ; the Canadian Prairies are one of the most important global producers of wheat, canola , and other grains. The country

23718-412: The future path of the policy rate", quantitative easing , and credit easing . As a result, interest rates and inflation eventually came down along with the value of the Canadian dollar. From 1991 to 2011 the inflation-targeting regime kept "price gains fairly reliable". Following the Great Recession , the narrow focus of inflation-targeting as a means of providing stable growth in the Canadian economy

23895-442: The height of the classic period saw the ascendancy of Teotihuacán , which formed a military and commercial empire. Teotihuacan, with a population of more than 150,000 people, had some of the largest pyramidal structures in the pre-Columbian Americas. After the collapse of Teotihuacán around 600 AD, competition ensued between several important political centers in central Mexico such as Xochicalco and Cholula . At this time, during

24072-528: The highest elevations are found at the Trans-Mexican Volcanic Belt which crosses Mexico east to west: Pico de Orizaba (5,700 m or 18,701 ft), Popocatépetl (5,462 m or 17,920 ft) and Iztaccihuatl (5,286 m or 17,343 ft) and the Nevado de Toluca (4,577 m or 15,016 ft). Two mountain ranges known as Sierra Madre Oriental and Sierra Madre Occidental , which are

24249-607: The increase of inequality between urban and rural areas. The Green Revolution , a technological movement that led to a significant worldwide increase in crop production, began in the Yaqui Valley of Sonora in the middle of the 20th century. With robust economic growth, Mexico sought to showcase it to the world by hosting the 1968 Summer Olympics . The government poured huge resources into building new facilities, prompting political unrest among university students and others. Demonstrations in central Mexico City went on for weeks before

24426-431: The indigenous language of Nahuatl . Tequila , the distilled alcoholic drink made from cultivated agave cacti is a major industry. Because of its high biodiversity Mexico has also been a frequent site of bioprospecting by international research bodies. The first highly successful instance was the discovery in 1947 of the tuber " Barbasco " ( Dioscorea composita ) which has a high content of diosgenin , revolutionizing

24603-410: The level equivalent to developed countries. Multinational corporations from these emerging markets present unique patterns of overseas expansion and knowledge acquisition from foreign countries. The UN HDI is a statistical measure that gauges an economy's level of human development. While there is a strong correlation between having a high HDI score and being a prosperous economy, the UN points out that

24780-513: The mob. On 16 September 1810, secular priest Miguel Hidalgo y Costilla declared against "bad government" in the small town of Dolores , Guanajuato. This event, known as the Cry of Dolores ( Spanish : Grito de Dolores ) is commemorated each year, on 16 September, as Mexico's independence day. The upheaval in the Spanish Empire that resulted in the independence of most of its New World territories

24957-464: The neighbouring United States amounting to 72 TWh exports and 10 TWh imports in 2017. Hydroelectricity accounted for 59% of all electric generation in Canada in 2016, making Canada the world's second-largest producer of hydroelectricity after China. Since 1960, large hydroelectric projects, especially in Quebec , British Columbia , Manitoba and Newfoundland and Labrador , have significantly increased

25134-474: The north like Monterrey , Hermosillo , and Mexicali experience temperatures of 40 °C (104 °F) or more in summer. In the Sonoran Desert temperatures reach 50 °C (122 °F) or more. There are 7 major climate types in Mexico with warm sub-humid climate being coastal up to 900 meters found mostly in the southern region of Mexico; dry and desertic climates being found in the northern half of

25311-537: The number of big-box stores , such as Walmart (of the United States), Real Canadian Superstore , and Best Buy (of the United States). This has led to fewer workers in this sector and the migration of retail jobs to the suburbs. The second-largest portion of the service sector is the business service, and it employs only a slightly smaller percentage of the population. This includes the financial services , real estate , and communications industries. This portion of

25488-443: The oil shock woes that dragged it into decline in the first quarter". According to the Bank of Canada announcement, in the first quarter of 2015, the total Consumer price index (CPI) inflation was about 1 per cent. This reflects "year-over-year price declines for consumer energy products". Core inflation in the first quarter of 2015 was about 2 per cent with an underlying trend in inflation at about 1.5 to 1.7 per cent. In response to

25665-478: The planned opening of the games, with the government of Gustavo Díaz Ordaz cracking down. The culmination was the Tlatelolco Massacre , which killed around 300 protesters based on conservative estimates and perhaps as many as 800. Although the economy continued to flourish for some, social inequality remained a factor of discontent. PRI rule became increasingly authoritarian and at times oppressive in what

25842-537: The political spectrum. The coalition also won a majority in both the upper and lower Congress chambers. His success is attributed to the country's opposing political forces exhausting their chances as well as AMLO's adoption of a moderate discourse with a focus on reconciliation. The first confirmed case of COVID-19 in Mexico occurred on 28 February 2020. The COVID-19 vaccination in Mexico began in December 2020. Claudia Sheinbaum , López Obrador's political successor, won

26019-470: The politics for the next 25 years, often known as the "Age of Santa Anna", until his overthrow in 1855. Mexico also contended with indigenous groups that controlled the territory that Mexico claimed in the north. For example, the Comanche controlled a huge territory in sparsely populated central and northern Texas. Wanting to stabilize and develop that area — and as few people from central Mexico had chosen to resettle to this remote and hostile territory —

26196-489: The post-revolutionary period (1920–1946) was characterized by revolutionary generals serving as Presidents of Mexico , including Álvaro Obregón (1920–24), Plutarco Elías Calles (1924–28), Lázaro Cárdenas (1934–40), and Manuel Avila Camacho (1940–46). The post-revolutionary project of the Mexican government sought to bring order to the country, end military intervention in politics, and create organizations of interest groups. Workers, peasants, urban office workers, and even

26373-408: The presidency of Lázaro Cárdenas , who expelled Calles from the country and implemented many economic and social reforms. This included the Mexican oil expropriation in March 1938, which nationalized the U.S. and Anglo-Dutch oil company known as the Mexican Eagle Petroleum Company , which would result in the creation of the state-owned Pemex . Cárdenas's successor, Manuel Ávila Camacho (1940–1946)

26550-401: The production of synthetic hormones in the 1950s and 1960s and eventually leading to the invention of combined oral contraceptive pills . The United Mexican States are a federation whose government is representative , democratic, and republican based on a presidential system according to the 1917 Constitution . The Constitution establishes three levels of government: the federal Union,

26727-445: The residual growth that cannot be explained by the rate of change in the services of labour, capital and intermediate outputs, and is often interpreted as the contribution to economic growth made by factors such as technical and organisational innovation. According to OECD's annual economic survey of Canada in June 2012, Canada has experienced weak growth of multi-factor productivity (MFP) and has been declining further since 2002. One of

26904-416: The same time the vast majority of these resources are exported, integrating Canada closely into the international economy. Howlett and Ramesh argue that the inherent instability of such industries also contributes to greater government intervention in the economy, to reduce the social impact of market changes. Natural resource industries also raise important questions of sustainability. Despite many decades as

27081-974: The second fastest rate of deforestation in the world, second only to Brazil. It had a 2019 Forest Landscape Integrity Index mean score of 6.82/10, ranking it 63rd globally out of 172 countries. According to SGI there is Deforestation and soil erosion especially in rural areas of Mexico. In the 2022 report it was noted environmental protection laws have improved in major cities but remain unenforced or unregulated in rural regions. In Mexico, 170,000 square kilometers (65,637 sq mi) are considered "Protected Natural Areas". These include 34 biosphere reserves (unaltered ecosystems), 67 national parks , 4 natural monuments (protected in perpetuity for their aesthetic, scientific or historical value), 26 areas of protected flora and fauna, 4 areas for natural resource protection (conservation of soil, hydrological basins, and forests) and 17 sanctuaries (zones rich in diverse species). Plants indigenous to Mexico are grown in many parts of

27258-428: The state governments, and the municipal governments. The federal legislature is the bicameral Congress of the Union , composed of the Senate of the Republic and the Chamber of Deputies . The Congress makes federal law , declares war, imposes taxes, approves the national budget and international treaties, and ratifies diplomatic appointments. The federal Congress, as well as the state legislatures, are elected by

27435-412: The summer and fall. Although low-lying areas north of the Tropic of Cancer are hot and humid during the summer, they generally have lower yearly temperature averages (from 20 to 24 °C or 68.0 to 75.2 °F) because of more moderate conditions during the winter. Mexico ranks fourth in the world in biodiversity and is one of the 17 megadiverse countries . With over 200,000 different species, Mexico

27612-438: The support of Canada, Italy, Pakistan and other nine countries, which form a group informally called the Coffee Club . The Mexican Armed Forces are administered by the Secretariat of National Defense ( Secretaria de Defensa Nacional , SEDENA). There are two branches: the Mexican Army (which includes the Mexican Air Force ), and the Mexican Navy . The Secretariat of Public Security and Civil Protection has jurisdiction over

27789-510: The time. Consolidating power, President Carranza had peasant leader Emiliano Zapata assassinated in 1919. Carranza had gained the support of the peasantry during the Revolution, but once in power, he did little to institute land reform, which had motivated many to fight in the Revolution. Carranza returned some confiscated land to their original owners. President Carranza's best general, Obregón, served briefly in his administration but returned to his home state of Sonora to position himself to run in

27966-640: The total), and the remainder a mix of natural gas and oil. Only five provinces use coal for electricity generation. Alberta, Saskatchewan, and Nova Scotia rely on coal for nearly half of their generation, while other provinces and territories use little or none. Alberta and Saskatchewan also use a substantial amount of natural gas. Remote communities, including all of Nunavut and much of the Northwest Territories, produce most of their electricity from diesel generators at high economic and environmental costs. The federal government has set up initiatives to reduce dependence on diesel-fired electricity. Non-hydro renewables are

28143-441: The two countries, while the North American Free Trade Agreement (NAFTA) expanded the free-trade zone to include Mexico in 1994 (later replaced by the Canada–United States–Mexico Agreement ). As of 2023, Canada is a signatory to 15 free trade agreements with 51 countries. Canada is one of the few developed nations that are net exporters of energy. Atlantic Canada possess vast offshore deposits of natural gas , and Alberta hosts

28320-410: The upper half of OECD countries such as the United States. Canada's productivity is now around the median OECD productivity, close to that of Australia. More can be done to increase productivity, such as increasing the productivity of capital through improving the capital stock to output ratio and capital quality. This could be achieved through the liberalization of internal trade barriers, as suggested in

28497-637: The value of money", contribute to Canada's sustained growth, employment gains and improved standard of living. In a January 9, 2019 statement on the release of the Monetary Policy Report, Bank of Canada Governor Stephen S. Poloz summarized major events since the October report, such as "negative economic consequences" of the US-led trade war with China . In response to the ongoing trade war "bond yields have fallen, yield curves have flattened even more and stock markets have repriced significantly" in "global financial markets". In Canada, low oil prices will impact Canada's "macroeconomic outlook". Canada's housing sector

28674-422: The ways MFP growth is raised is by boosting innovation and Canada's innovation indicators such as business R&D and patenting rates were poor. Raising MFP growth is "needed to sustain rising living standards, especially as the population ages". Since 2010 productivity growth has picked up, almost entirely driven by above average multifactor productivity growth. However, productivity on the whole still lags behind

28851-403: The world and integrated into their national cuisines. Some of Mexico's native culinary ingredients include maize, tomato, beans, squash, chocolate, vanilla , avocado , guava , chayote , epazote , camote , jícama , nopal , zucchini , tejocote , huitlacoche , sapote , mamey sapote , and a great variety of chiles , such as the habanero and the jalapeño . Most of these names come from

29028-446: The world's highest per-capita membership in credit unions . It ranks low in the Corruption Perceptions Index (14th in 2023) and "is widely regarded as among the least corrupt countries of the world". It ranks high in the Global Competitiveness Report (14th in 2019) and Global Innovation Indexes (15th in 2022). Canada's economy ranks above most Western nations on The Heritage Foundation 's Index of Economic Freedom and experiences

29205-435: The world's major donor countries that discusses issues surrounding development aid and poverty reduction in developing countries . The following OECD member countries are DAC members: 25 countries in Europe: two countries in the Americas: two countries in Asia: two countries in Oceania: According to the International Monetary Fund , 41 countries and territories are officially listed as "advanced economies", with

29382-407: The year 2022 are considered to be of "very high human development": annual growth (2010-2022) According to the United Nations Department of Economic and Social Affairs ' World Economic Situation and Prospects report, the following 37 countries are classified as "developed economies" as of January 2024: 31 countries in Europe: two countries in Northern America: four countries in Asia and

29559-546: Was a government in internal exile, but with the end of the Civil War in the United States in April 1865, the Reunified U.S. government began aiding the Mexican Republic. Two years later, the French Army withdrew its support, but Maximilian remained in Mexico. Republican forces captured him and he was executed. The "Restored Republic" saw the return of Juárez, "the personification of the embattled republic," as president. The Conservatives had been not only defeated militarily but also discredited politically for their collaboration with

29736-408: Was a transition from a raw material production-based economy to a manufacturing-based economy and then to a service-based economy. At its World War II peak in 1944, Canada's manufacturing sector accounted for 29% of GDP, declining to 10.37% in 2017. Canada has not suffered as greatly as most other rich, industrialized nations from the pains of the relative decline in the importance of manufacturing since

29913-424: Was crushed by Juárez. Having won re-election, Juárez died in office in July 1872, and Liberal Sebastián Lerdo de Tejada became president, declaring a "religion of the state" for the rule of law, peace, and order. When Lerdo ran for re-election, Díaz rebelled against the civilian president, issuing the Plan of Tuxtepec . Díaz had more support and waged guerrilla warfare against Lerdo. On the verge of Díaz's victory on

30090-625: Was due to Napoleon Bonaparte 's invasion of Spain in 1808. Hidalgo and some of his soldiers were eventually captured, Hidalgo was defrocked, and they were executed by firing squad on 31 July 1811. The first 35 years after Mexico's independence were marked by political instability and the changing of the Mexican state from a transient monarchy to a fragile federated republic. There were military coups d'état, foreign invasions, ideological conflict between Conservatives and Liberals , and economic stagnation . Former Royal Army General Agustín de Iturbide became regent, as newly independent Mexico sought

30267-492: Was first announced amid a collapse of oil prices in 1985. The new Prime Minister Brian Mulroney had campaigned against the policy in the 1984 Canadian federal election . One of the most controversial sections of the Canada–United States Free Trade Agreement of 1988 was a promise that Canada would never charge the United States more for energy than fellow Canadians. Canada is one of the world's largest suppliers of agricultural products, particularly wheat and other grains. Canada

30444-427: Was in question. Spain attempted to reconquer its former colony during the 1820s but eventually recognized its independence. France attempted to recoup losses it claimed for its citizens during Mexico's unrest and blockaded the Gulf Coast during the so-called Pastry War of 1838–1839. General Antonio López de Santa Anna emerged as a national hero because of his role in both these conflicts; Santa Anna came to dominate

30621-403: Was more moderate, and relations between the U.S. and Mexico vastly improved during World War II , when Mexico was a significant ally. From 1946 the election of Miguel Alemán , the first civilian president in the post-revolutionary period, Mexico embarked on an aggressive program of economic development, known as the Mexican miracle , which was characterized by industrialization, urbanization, and

30798-551: Was questioned. By 2011, the then-Bank of Canada Governor Mark Carney argued that the central bank's mandate would allow for a more flexible inflation-targeting in specific situations where he would consider taking longer "than the typical six to eight quarters to return inflation to 2 per cent". On July 15, 2015, the Bank of Canada announced that it was lowering its target for the overnight rate by another one-quarter percentage point, to 0.5 per cent "to try to stimulate an economy that appears to have failed to rebound meaningfully from

30975-403: Was secular education. The Díaz government led a protracted conflict against the Yaqui that culminated with the forced relocation of thousands of Yaqui to Yucatán and Oaxaca. As the centennial of independence approached, Díaz gave an interview where he said he was not going to run in the 1910 elections, when he would be 80. Political opposition had been suppressed and there were few avenues for

31152-407: Was the only Latin American member of the Organisation for Economic Co-operation and Development since it joined in 1994 until Chile gained full membership in 2010. Mexico is considered a regional power hence its presence in major economic groups such as the G8+5 and the G-20 . Since the 1990s Mexico has sought a reform of the United Nations Security Council and its working methods with

31329-490: Was used in the 1836 Constitutional Laws . The earliest human artifacts in Mexico are chips of stone tools found near campfire remains in the Valley of Mexico and radiocarbon-dated to circa 10,000 years ago. Mexico is the site of the domestication of maize, tomato, and beans , which produced an agricultural surplus. This enabled the transition from paleo-Indian hunter-gatherers to sedentary agricultural villages beginning around 5000 BC. The formative period of Mesoamerica

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