Russia and Canada might have about 100 times more oil, both countries have more nuclear production and capability, both countries have economies about 60-70 larger than any other country they grouped them with. both countries export the same amount of products as the uk (about 460 billion dollars each country). Canada’s stock exchange is the same size as India’s and Australia’s combined.
the UK with 60 million people (less than 2 times Canada’s population) is running the world. it’s per capita wealth is the same as Canada’s, nominal gdp 65 percent bigger (Canada’s is just as much bigger than South Korea’s), same exports, more resources, more important trading partner of the US.
“Well strictly speaking Canada is a 2nd tier country, in terms of power. Because compared to the US, China, and Russia, Canada has a very low population”
south africa, saudi arabia, south korea are in the top tier countries and canada beats them all in almost every statistical category. the UK only has 60 million people population doesn’t have anything to do with it.
“In terms of world power, Canada is definitely a 2nd tier country(and I live in Canada). Russia isn’t.”
power is resources, economy, clout, market value, wealth per capita. ignoring population Canada matches Russia in all of those categories (it exports just as much if not more and has the second higher gdp per capita in the G8).
to be in the top tier a country has to be top 11. here is how Canada ranks in the main categories.
9th largest nominal gdp
9th most exports (same as UK and Russia). 2.6 times more exports than Australia.
2nd largest oil reserves
9th most billionaires
2nd largest nominal gdp per capita out of the 10 largest economies
1st in freshwater supply
7th largest market value of its fortune 2000 companies
74 % as much gold reserves as the UK.
Market value of it’s fortune 500 banks and insurance companies is larger than Spain’s.
1st in world’s production of uranium
8th in nuclear energy production, reactors (greater capability than China, UK, Spain, India).
the nuclear technology that started China, India, South Korea, Venezuela nuclear programs came from Canada.
“2nd tier in terms of power and influence.”
how is a country second tier when the country the rest of the world is dependent on trades more with it than it does with China and Japan ?
what about the second largest oil reserves ? oil alone got Saudi Arabia into the top tier.
what about candu reactors indicative of its nuclear capability ? it has scientists too (3 of the 7 best universities in the world outside of the US are in Canada)
What about being the 7th largest donator to the UN ?
“Canada lacks the military and the population to project its will worldwide”
what about Italy, South Africa, South Korea, Saudi Arabia ?
Canada can mask some of its deficiencies with the best nuclear technology in the world.
what about car production ? Canada was seventh for most of the last decade.
