Canada, economy | See Canada.
‘Oil and vehicles, Canada’s two biggest exports, are both declining, and may continue to do so. Oil from Alberta’s tar sands is expensive to produce. The United States, by far its biggest foreign customer, is fracking more and importing less. Carmaking has never fully recovered from a recession in the United States in 2008. Production has dropped from a peak of 3m vehicles in 1999 to 2.2m last year. (Source: ‘Don’t drill, plant’, The Economist March 3rd 2018, p41).