Is Canada a free market economy?

As with most western countries, Canada is a reasonably free market, within the rules of international trade, trade agreements (NAFATA, CETA, etc.), and interprovincial trade rules. No country has a total free market. read more

No economy today is a free-market economy. For the simple fact that we have not freed freedom. And when freedom is oligarchically defined so are the market systems derived from such a flawed definition. Real freedom is a relativity theory in which the paradoxical rules of collective freedom protect and support the pursuit of personal freedom. read more

A market economy is one in which owners of capital are free to produce whatever quantities of any goods and services for which they believe there is a market. They are then free to sell their goods and services at whatever price the market will provide, without government interference. read more

Canada's government does offer socialized services, such as healthcare and education, but the nation's economy is not strictly a socialist economy. Global trade and market freedom allow some Canadians to amass substantial personal wealth, although taxes in the country do tend to be relatively high. read more