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80.2% free. one of the world's leading free-market democracies, canada enjoys a large trade surplus, thanks to oil and mineral exports. because of its bilateral trade relationship with the united states, its economy tends to track that of its larger southern neighbor. a protracted dispute with the united states over softwood lumber was settled in 2005. despite one of the oecd's most restrictive foreign ownership policies in telecommunications, publishing, broadcasting, aviation, mining, and fishing, macroeconomic fundamentals remain strong, and unemployment is at a 30-year low.
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