Australia 🇦🇺 and Canada 🇨🇦, even though they're far apart, actually have a lot in common when it comes to their economies. They both rely a lot on selling commodities like minerals and oil, which can be risky. Also, both countries deal with challenges in their housing markets because of immigration 🏠, which drives up prices in big cities. Plus, they're both trying to figure out how to boost innovation and productivity 🚀. Australia has seen some success with economic reforms that helped its economy grow, while Canada is still figuring out how to deal with its heavy dependence on oil and gas exports ⛽️. In a world full of uncertainty, both nations are working hard to make the most of their economic strengths while tackling their weaknesses 💪. #economy #canada #australia #canadaeconomy Support my research and projects: https://ko-fi.com/econyt Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Econ 👉 https://bit.ly/3qcMwTA ⭑ Enjoyed? Hit the like button! 👍 Citation: https://pastebin.com/XeexSw48 Maps: MapBox by GEOlayers 3 Image: https://commons.wikimedia.org/ Free Vectors/Photos https://www.vecteezy.com/ https://www.freepik.com/ Stock Footages: https://www.pexels.com/videos/ https://www.storyblocks.com/ https://www.istockphoto.com/ Music by: Youtube Library