Evolution and current trends of Economy 4.0 in Canada

Abstract

Dynamics of socio-political and economic development of Canada is characterized by the presence of contradictory and multi-directional trends, which were caused, in the first place, by instability of the global economy and international trade, sharp conjuncture fluctuations in global commodity and financial markets, as well as low rates of economic growth in a number of key countries. The activities of the Government of Canada have become more open and transparent for citizens, because anyone has the opportunity to get acquainted with the reports and plans of any Canadian government body on its official website. Elective e-government allowed Canadians to participate more actively in public affairs and control government actions, and therefore significantly contributed to the development of civil rights. In many international ratings, taking into account, first of all, the stability of the political situation, the stability of the financial system, the level of income on the soul of the population, as well as the conditions of doing business and living in the country, Canada occupies a leading position and is in the top 20 countries of the world.