Canada

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    Canada

    Canada is a country in North America, to the north of the United States of America. Its official currency is the Canadian dollar, also known as the Loonie.

    Its economy has strong bonds with the United States, leading to a strong correlation of the two currencies and making the currency pair of the Canadian dollar and the US dollar (short: USD/CAD) one of the most traded worldwide.

    Canada has a strong, diverse economy — the 11th largest in the world. It is especially rich in natural resources, making it a huge exporter of commodities such as oil, gas, ore and timber.

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