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16 facts about Canada's economy you may not know

The Great White North's quirks and curiosities
Canada is the world's ninth-largest economy
Oil is Canada's main export
Only Saudi Arabia and Venezuela have larger reserves of oil
Canada produced a record 19.9 million gallons of maple syrup in 2024
Canada is the world's leading exporter of lobster meat, oats, newsprint and more
Removing King Charles III as head of state is virtually impossible
The earliest official paper currency in Canada was a playing card
Canada's currency is nicknamed the loonie
Canada was the first country to introduce coloured and glow-in-the-dark coins
Canada's polymer banknotes are said to smell like maple syrup
Small businesses make up 98% of Canada's businesses
A Canadian invented basketball
Hawaiian pizza and California rolls hail from Canada
Canada counts over 4,000 Tim Hortons locations
Canada has the highest per capita consumption of doughnuts in the world
Canada's thriving movie and TV production industry is dubbed 'Hollywood North'
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The Great White North's quirks and curiosities

O Canada – the land of Mounties, maple syrup and Tim Hortons coffee – has found itself in President Trump's sights, with the POTUS potentially eyeing it as the next addition to the United States. That's if Greenland or the Panama Canal don't get there first, of course.

While “there isn't a snowball's chance in hell” this will happen, at least according to former Canadian prime minister Justin Trudeau, the notion of Canada becoming the 51st state has certainly got people talking about the home of the Canucks.

With this in mind, read on to discover 16 facts about the nation's economy that might surprise you.

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Daniel Coughlin

23 May 2025

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