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This overview presented contains general description regarding Canada and its economy. Hopefully, the information provided should aid to clarify some FAQs for potential new settlers before they decide the worth of reaching after North-American Continent. LAW is a must in Canada. It is even for both general workers and Prime Minister. This is the basis of the strong state. It is just friendly recommended to be a fair person with Mr. LAW, because if an individual is not trusted any more by officials, then it means to lose much. That is why, practically 99.9% of people follow the law. And it is very suggested to new comers also. Efficient crime disclosures and quiet streets are results of above described paragraph. It is not odd here to report to about anything suspicious, and if police asks for assistance or, in other words, to keep eyes open, people respond immediately. Difficult to understand this from some point of view, but it is worth it, because crimes are under control. The Country of The Maple Leaves provides significant level of social services. Among those are gratuitous medical care, education, pension plans and various seniority payments. So, socialist system of western economy keeps working here dramatically efficient. No one here suffers of famine or any bareness. If a person cannot support himself, there are welfare system and unemployment assistance. Besides, if an individual experiences financial difficulties, Government acts like a nurse. However, any assistance terminated under fraudulent behavior. Canada has to be in funds to maintain high-level social warranties. So, it reflects in government taxes scheme, which is based on progressive scale. There are cases where taxpayers share with Government up to 50% income or more. But, main is to have money to pay from. One of the engines of North-American economy is insured financial credit system. It is possible to obtain real estate, cars and appliances, even more money with a credit allowed and to pay it back gradually. This way of living is very convenient rather than to save money for nothing. Nevertheless, there is a risk of incapability to pay a credit back, what is called bankruptcy. Please, do not worry, credit system is user friendly and anyone would carefully figure it out how to pay during certain period of time. Some credits allowed to be paid off for 20 years or over. Immigrants are in a great demand in Canada. The Government understands, that economy growth is only possible under conditions of stable intellectual and skilled labour influx to the market. Moreover, the population is extremely little over wide giant territories while most of it is concentrated at southern provinces near United States border. Ministry of Citizenship and Immigration Canada tends to simplify immigration processes involved. Consumption level is 70% of southern neighbour during last years. Canada is peaceful and appreciative country, capable of active response worldwide and able to maintain at critical situations. Canadian policy is based on non-aggressive point of view, which does not decrease the comprehensive role of this state in G7 Organization and the rest of the world.home |
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