How Closely is the Canadian Economy Linked to the U.S. Economy?

The economy of Canada is highly linked to the US economy. In fact, when the US economy is in expansion mode Canada does better and vice versa

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In terms of size, Canada’s population is about the size of California and its GDP is about the size of the GDP of Texas. The US GDP is about twelve times the size of Canada’s GDP.

Source: Country in Focus: Canada, Manning & Napier

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