HKD to CAD Live Rate

Eastern Asia, bordering the South China Sea and China

Northern North America, bordering the North Atlantic Ocean on the east, North Pacific Ocean on the west, and the Arctic Ocean on the north, north of the conterminous US

22 15 N, 114 10 E

60 00 N, 95 00 W

Southeast Asia

North America

total: 1,108 sq km

land: 1,073 sq km

water: 35 sq km

country comparison to the world: 184

total: 9,984,670 sq km

land: 9,093,507 sq km

water: 891,163 sq km

country comparison to the world: 3

six times the size of Washington, DC

slightly larger than the US

total: 33 km

regional border(s) (1): China 33 km

total: 8,893 km

border countries (1): US 8,893 km (includes 2,477 km with Alaska)

note: Canada is the world's largest country that borders only one country

733 km

202,080 km

note: the Canadian Arctic Archipelago - consisting of 36,563 islands, several of them some of the world's largest - contributes to Canada easily having the longest coastline in the world

territorial sea: 12 nm

territorial sea: 12 nm

contiguous zone: 24 nm

exclusive economic zone: 200 nm

continental shelf: 200 nm or to the edge of the continental margin

subtropical monsoon; cool and humid in winter, hot and rainy from spring through summer, warm and sunny in fall

varies from temperate in south to subarctic and arctic in north

hilly to mountainous with steep slopes; lowlands in north

mostly plains with mountains in west, lowlands in southeast

mean elevation: NA

elevation extremes: lowest point: South China Sea 0 m

highest point: Tai Mo Shan 958 m

mean elevation: 487 m

elevation extremes: lowest point: Atlantic Ocean 0 m

highest point: Mount Logan 5,959 m

outstanding deepwater harbor, feldspar

iron ore, nickel, zinc, copper, gold, lead, rare earth elements, molybdenum, potash, diamonds, silver, fish, timber, wildlife, coal, petroleum, natural gas, hydropower

agricultural land: 5%

arable land 3.2%; permanent crops 0.9%; permanent pasture 0.9%

forest: 0%

other: 95% (2011 est.)

agricultural land: 6.8%

arable land 4.7%; permanent crops 0.5%; permanent pasture 1.6%

forest: 34.1%

other: 59.1% (2011 est.)

10 sq km (2012)

8,700 sq km (2012)

population fairly evenly distributed

vast majority of Canadians are positioned in a discontinuous band within approximately 300 km (180 mi) of the southern border with the United States; the most populated province is Ontario, followed by Quebec and British Columbia

occasional typhoons

continuous permafrost in north is a serious obstacle to development; cyclonic storms form east of the Rocky Mountains, a result of the mixing of air masses from the Arctic, Pacific, and North American interior, and produce most of the country's rain and snow east of the mountains

volcanism: the vast majority of volcanoes in Western Canada's Coast Mountains remain dormant

air and water pollution from rapid urbanization

metal smelting, coal-burning utilities, and vehicle emissions impacting agricultural and forest productivity; air pollution and resulting acid rain severely affecting lakes and damaging forests; ocean waters becoming contaminated due to agricultural, industrial, mining, and forestry activities

party to: Marine Dumping (associate member), Ship Pollution (associate member)

party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Persistent Organic Pollutants, Air Pollution-Sulfur 85, Air Pollution-Sulfur 94, Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Seals, Antarctic Treaty, Biodiversity, Climate Change, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands

signed, but not ratified: Air Pollution-Volatile Organic Compounds, Marine Life Conservation

consists of a mainland area (the New Territories) and more than 200 islands

second-largest country in world (after Russia) and largest in the Americas; strategic location between Russia and US via north polar route; approximately 90% of the population is concentrated within 160 km (100 mi) of the US border; Canada has more fresh water than any other country and almost 9% of Canadian territory is water; Canada has at least 2 million and possibly over 3 million lakes - that is more than all other countries combined

7,191,503 (July 2017 est.)

country comparison to the world: 100

35,623,680 (July 2017 est.)

country comparison to the world: 38

noun: Chinese/Hong Konger

adjective: Chinese/Hong Kong

noun: Canadian(s)

adjective: Canadian

Chinese 92%, Filipino 2.5%, Indonesian 2.1%, other 3.4% (2016 est.)

Canadian 32.2%, English 19.8%, French 15.5%, Scottish 14.4%, Irish 13.8%, German 9.8%, Italian 4.5%, Chinese 4.5%, North American Indian 4.2%, other 50.9%

note: percentages add up to more than 100% because respondents were able to identify more than one ethnic origin (2011 est.)

Cantonese (official) 88.9%, English (official) 4.3%, Mandarin (official) 1.9%, other Chinese dialects 3.1%, other 1.9% (2016 est.)

English (official) 58.7%, French (official) 22%, Punjabi 1.4%, Italian 1.3%, Spanish 1.3%, German 1.3%, Cantonese 1.2%, Tagalog 1.2%, Arabic 1.1%, other 10.5% (2011 est.)

Buddhist or Taoist 27.9%, Protestant 6.7%, Roman Catholic 5.3%, Muslim 4.2%, Hindu 1.4%, Sikh 0.2%, other or none 54.3%

note: many people practice Confucianism, regardless of their religion or not having a religious affiliation (2016 est.)

Catholic 39% (includes Roman Catholic 38.8%, other Catholic .2%), Protestant 20.3% (includes United Church 6.1%, Anglican 5%, Baptist 1.9%, Lutheran 1.5%, Pentecostal 1.5%, Presbyterian 1.4%, other Protestant 2.9%), Orthodox 1.6%, other Christian 6.3%, Muslim 3.2%, Hindu 1.5%, Sikh 1.4%, Buddhist 1.1%, Jewish 1%, other 0.6%, none 23.9% (2011 est.)

total dependency ratio: 35.9

youth dependency ratio: 15.2

elderly dependency ratio: 20.7

potential support ratio: 4.8 (2015 est.)

total dependency ratio: 47.3

youth dependency ratio: 23.5

elderly dependency ratio: 23.8

potential support ratio: 4.2 (2015 est.)

total: 44.4 years

male: 43.5 years

female: 45 years (2017 est.)

country comparison to the world: 8

total: 42.2 years

male: 40.9 years

female: 43.5 years (2017 est.)

country comparison to the world: 29

0.32% (2017 est.)

country comparison to the world: 166

0.73% (2017 est.)

country comparison to the world: 141

8.9 births/1,000 population (2017 est.)

country comparison to the world: 208

10.3 births/1,000 population (2017 est.)

country comparison to the world: 190

7.4 deaths/1,000 population (2017 est.)

country comparison to the world: 117

8.7 deaths/1,000 population (2017 est.)

country comparison to the world: 73

1.7 migrant(s)/1,000 population (2017 est.)

country comparison to the world: 51

5.7 migrant(s)/1,000 population (2017 est.)

country comparison to the world: 18

population fairly evenly distributed

vast majority of Canadians are positioned in a discontinuous band within approximately 300 km of the southern border with the United States; the most populated province is Ontario, followed by Quebec and British Columbia

urban population: 100% of total population (2017)

rate of urbanization: 0.64% annual rate of change (2015-20 est.)

urban population: 82.2% of total population (2017)

rate of urbanization: 1.16% annual rate of change (2015-20 est.)

Hong Kong 7.26 million (2014)

Toronto 5.993 million; Montreal 3.981 million; Vancouver 2.485 million; Calgary 1.337 million; OTTAWA (capital) 1.326 million; Edmonton 1.272 million (2015)

at birth: 1.1 male(s)/female

0-14 years: 1.12 male(s)/female

15-24 years: 1.08 male(s)/female

25-54 years: 0.74 male(s)/female

55-64 years: 0.94 male(s)/female

65 years and over: 0.89 male(s)/female

total population: 0.87 male(s)/female (2017 est.)

at birth: 1.06 male(s)/female

0-14 years: 1.05 male(s)/female

15-24 years: 1.06 male(s)/female

25-54 years: 1.03 male(s)/female

55-64 years: 0.98 male(s)/female

65 years and over: 0.8 male(s)/female

total population: 0.98 male(s)/female (2017 est.)

29.8 years (2008 est.)

28.1 years (2012 est.)

total: 2.7 deaths/1,000 live births

male: 3 deaths/1,000 live births

female: 2.5 deaths/1,000 live births (2017 est.)

country comparison to the world: 216

total: 4.5 deaths/1,000 live births

male: 4.8 deaths/1,000 live births

female: 4.2 deaths/1,000 live births (2017 est.)

country comparison to the world: 180

total population: 83 years

male: 80.4 years

female: 85.9 years (2017 est.)

country comparison to the world: 7

total population: 81.9 years

male: 79.3 years

female: 84.7 years (2017 est.)

country comparison to the world: 21

1.19 children born/woman (2017 est.)

country comparison to the world: 221

1.6 children born/woman (2017 est.)

country comparison to the world: 183

74.8% (2012)

1.91 physicians/1,000 population (2016)

2.54 physicians/1,000 population (2015)

5.33 beds/1,000 population (2016)

2.7 beds/1,000 population (2012)

NA

NA

NA

NA

3.3% of GDP (2017)

country comparison to the world: 124

5.3% of GDP (2011)

country comparison to the world: 62

total: 16 years

male: 16 years

female: 16 years (2014)

total: 9.9%

male: 10.9%

female: 8.5% (2016 est.)

country comparison to the world: 129

total: 13.1%

male: 14.8%

female: 11.3% (2016 est.)

country comparison to the world: 100

7 deaths/100,000 live births (2015 est.)

country comparison to the world: 161

10.4% of GDP (2014)

country comparison to the world: 20

improved:

urban: 100% of population

rural: 99% of population

total: 99.8% of population

unimproved:

urban: 0% of population

rural: 1% of population

total: 0.2% of population (2015 est.)

improved:

urban: 100% of population

rural: 99% of population

total: 99.8% of population

unimproved:

urban: 0% of population

rural: 1% of population

total: 0.2% of population (2015 est.)

NA

29.4% (2016)

country comparison to the world: 26

conventional long form: Hong Kong Special Administrative Region

conventional short form: Hong Kong

local long form: Heung Kong Takpit Hangching Ku (Eitel/Dyer-Ball); Xianggang Tebie Xingzhengqu (Hanyu Pinyin)

local short form: Heung Kong (Eitel/Dyer-Ball); Xianggang (Hanyu Pinyin)

abbreviation: HK

etymology: probably an imprecise phonetic rendering of the Cantonese name meaning "fragrant harbor"

conventional long form: none

conventional short form: Canada

etymology: the country name likely derives from the St. Lawrence Iroquoian word "kanata" meaning village or settlement

special administrative region of the People's Republic of China

presidential limited democracy; a special administrative region of the People's Republic of China

federal parliamentary democracy (Parliament of Canada) under a constitutional monarchy; a Commonwealth realm; federal and state authorities and responsibilities regulated in constitution

none (special administrative region of the People's Republic of China)

10 provinces and 3 territories*; Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories*, Nova Scotia, Nunavut*, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon*

none (special administrative region of China)

1 July 1867 (union of British North American colonies); 11 December 1931 (recognized by UK per Statute of Westminster)

National Day (Anniversary of the Founding of the People's Republic of China), 1 October (1949); note - 1 July (1997) is celebrated as Hong Kong Special Administrative Region Establishment Day

Canada Day, 1 July (1867)

history: several previous (governance documents while under British authority); latest drafted April 1988 to February 1989, approved March 1990, effective 1 July 1997 (Basic Law of the Hong Kong Special Administrative Region of the People's Republic of China serves as the constitution); note - since 1990, China's National People's Congress has interpreted specific articles of the Basic Law

amendments: proposed by the Standing Committee of the National People’s Congress (NPC), the People’s Republic of China State Council, and the Special Administrative Region of Hong Kong; submittal of proposals to the NPC requires two-thirds majority vote by the Legislative Council of Hong Kong, approval by two-thirds of Hong Kong’s deputies to the NPC, and approval by the Hong Kong chief executive; final passage requires approval by the NPC

made up of unwritten and written acts, customs, judicial decisions, and traditions dating from 1763; the written part of the constitution consists of the Constitution Act of 29 March 1867, which created a federation of four provinces, and the Constitution Act of 17 April 1982; several amendments to the 1982 Constitution Act, last in 2011 (2016)

mixed legal system of common law based on the English model and Chinese customary law (in matters of family and land tenure)

common law system except in Quebec, where civil law based on the French civil code prevails

see China

citizenship by birth: yes

citizenship by descent: yes

dual citizenship recognized: yes

residency requirement for naturalization: minimum of 3 of last 5 years resident in Canada

18 years of age in direct elections for half of the Legislative Council seats and all of the seats in 18 district councils; universal for permanent residents living in the territory of Hong Kong for the past 7 years; note - in indirect elections, suffrage is limited to about 220,000 members of functional constituencies for the other half of the legislature and a 1,200-member election committee for the chief executive drawn from broad sectoral groupings, central government bodies, municipal organizations, and elected Hong Kong officials

18 years of age; universal

chief of state: President of China XI Jinping (since 14 March 2013)

head of government: Chief Executive Carrie LAM (since 1 July 2017)

cabinet: Executive Council or ExCo appointed by the chief executive

elections/appointments: president indirectly elected by National People's Congress for a 5-year term (eligible for a second term); election last held on 5-17 March 2013 (next to be held in March 2018); chief executive indirectly elected by the Election Committee and appointed by the PRC Government for a 5-year term (eligible for a second term); election last held on 26 March 2017 (next to be held in 2022)

election results: Carrie LAM elected chief executive; Election Committee vote - Carrie LAM 777, John TSANG 365, WOO Kwok-hing 21, invalid 23

note: the Legislative Council voted in June 2010 to expand the Election Committee to 1,200 members

chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor General Julie PAYETTE (since 2 October 2017)

head of government: Prime Minister Justin Pierre James TRUDEAU (Liberal Party) (since 4 November 2015)

cabinet: Federal Ministry chosen by the prime minister usually from among members of his/her own party sitting in Parliament

elections/appointments: the monarchy is hereditary; governor general appointed by the monarch on the advice of the prime minister for a 5-year term; following legislative elections, the leader of the majority party or majority coalition in the House of Commons generally designated prime minister by the governor general

note: the governor general position is largely ceremonial; Julie PAYETTE, a former space shuttle astronaut, is Canada's fourth female governor general but the first to have flown in space

description: unicameral Legislative Council or LegCo (70 seats; 35 members directly elected in multi-seat constituencies by party-list proportional representation vote; 30 members indirectly elected by the approximately 220,000 members of various functional constituencies based on a variety of methods; five at large “super-seat” members directly elected by all of Hong Kong’s eligible voters who do not participate in a functional constituency; members serve 4-year terms)

elections: last held on 4 September 2016; (next to be held in September 2020); note - by-election to be held on 11 March 2018 to fill 4 seats left vacant after 4 legislators were removed from office

election results: percent of vote by block - pro-democracy 36.0%; pro-Beijing 40.2%, localist 19.0%, other 4.8%; seats by block/party - pro-Beijing 40 (DAB 12, BPA 7, FTU 5, Liberal Party 4, NPP 3, other 9); pro-democracy 23 (Democratic Party 7, Civic Party 6, PP-LSD 2, Professional Commons 2, Labor 1, NWSC 1, PTU 1, other democrats 3), localists 6 (ALLin HK 2, CP-PPI-HKRO 1, Demosisto 1, Democracy Groundwork 1, other localist 1), non-aligned independent 1; note - 2 localists were barred from taking office in November 2016 and 4 pro-democracy legislators were removed in July 2017

description: bicameral Parliament or Parlement consists of the Senate or Senat (105 seats; members appointed by the governor general on the advice of the prime minister and can serve until age 75) and the House of Commons or Chambre des Communes (338 seats; members directly elected in single-seat constituencies by simple majority vote with terms up to 4 years)

elections: House of Commons - last held on 19 October 2015 (next to be held in 2019)

election results: House of Commons - percent of vote by party - Liberal Party 39.5%, CPC 31.9%, NDP 19.7%, Bloc Quebecois 4.7%, Greens 3.4%, other .8%; seats by party - Liberal Party 184, CPC 99, NDP 44, Bloc Quebecois 3, Greens 1, independent 7

highest court(s): Court of Final Appeal (consists of the chief justice, 3 permanent judges, and 20 non-permanent judges); note - a sitting bench consists of the chief justice and 3 permanent judges and 1 non-permanent judge

judge selection and term of office: all judges appointed by the Hong Kong Chief Executive upon the recommendation of the Judicial Officers Recommendation Commission, an independent body consisting of the Secretary for Justice, other judges, and judicial and legal professionals; permanent judges appointed until normal retirement at age 65, but can be extended; non-permanent judges appointed for renewable 3-year terms without age limit

subordinate courts: High Court (consists of the Court of Appeal and Court of First Instance); District Courts (includes Family and Land Courts); magistrates' courts; specialized tribunals

highest court(s): Supreme Court of Canada (consists of the chief justice and 8 judges); note - in 1949, Canada abolished all appeals beyond its Supreme Court, which prior to that time, were heard by the Judicial Committee of the Privy Council (in London)

judge selection and term of office: chief justice and judges appointed by the prime minister in council; all judges appointed for life with mandatory retirement at age 75

subordinate courts: federal level: Federal Court of Appeal; Federal Court; Tax Court; federal administrative tribunals; Courts Martial; provincial/territorial level: provincial superior, appeals, first instance, and specialized courts; in 1999, the Nunavut Court - a circuit court with the power of a provincial superior court, as well as a territorial court - was established to serve isolated settlements

parties:

ALLinHK (alliance of 6 localist groups)

Business and Professional Alliance or BPA [LO Wai-kwok]

Civic Party [Alvin YEUNG]

Civic Passion or CP [CHENG Chung-tai] (part of Civic Passion-Proletariat Political Institute-Hong Kong Resurgence Order alliance or CP-PPI-HKRO that dissolved after the 2016 election)

Democracy Groundwork [LAU Siu-lai]

Democratic Alliance for the Betterment and Progress of Hong Kong or DAB [Starry LEE Wai-king]

Democratic Party [WU Chi-wai]

Demosisto [Nathan LAW]

Federation of Trade Unions or FTU [Stanley NG Chau-pei]

Labor Party [Steven Kwok Wing-kin]

League of Social Democrats or LSD [Avery NG Man-yuen]

Liberal Party [Felix CHUNG Kwok-pan]

Neighborhood and Workers Service Center or NWSC [LEUNG Yui-chung]

New People's Party or NPP [Regina IP Lau Su-yee]

People Power or PP [Raymond CHAN]

Youngspiration [Sixtus "Baggio" LEUNG Chung-hang]

others:

Professional Commons (think tank) [Charles Peter MOK]

Professional Teachers Union or PTU

note: political blocks include: pro-democracy - Civic Party, Democratic Party, Labor Party, LSD, NWSC, PP, Professional Commons, PTU; pro-Beijing - DAB, FTU, Liberal Party, NPP, BPA; localist - ALLinHK, CP, Democracy Groundwork, Demosisto; there is no political party ordinance, so there are no registered political parties; politically active groups register as societies or companies

Bloc Quebecois [Martine OUELLET]

Conservative Party of Canada or CPC [Andrew SCHEER]

Green Party [Elizabeth MAY]

Liberal Party [Justin TRUDEAU]

New Democratic Party or NDP [Jagmeet SINGH]

Chinese General Chamber of Commerce (pro-China)

Chinese Manufacturers' Association of Hong Kong

Civic Act-up (pro-democracy)

Federation of Hong Kong Industries

Hong Kong Alliance in Support of the Patriotic Democratic Movement in China [Albert HO] (pro-China)

Hong Kong and Kowloon Trade Union Council or HKTUC (pro-democracy)

Hong Kong General Chamber of Commerce or HKGCC

Hong Kong Professional Teachers' Union or HKPTU [FUNG Wai-wah]

other: agricultural sector; automobile industry; business groups; chemical industry; commercial banks; communications sector; energy industry; environmentalists; First Nations organizations; public administration groups; steel industry; trade unions

ADB, APEC, BIS, FATF, ICC (national committees), IHO, IMF, IMO (associate), Interpol (subbureau), IOC, ISO (correspondent), ITUC (NGOs), UNWTO (associate), UPU, WCO, WMO, WTO

ADB (nonregional member), AfDB (nonregional member), APEC, Arctic Council, ARF, ASEAN (dialogue partner), Australia Group, BIS, C, CD, CDB, CE (observer), EAPC, EBRD, EITI (implementing country), FAO, FATF, G-7, G-8, G-10, G-20, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IGAD (partners), IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, MINUSTAH, MONUSCO, NAFTA, NATO, NEA, NSG, OAS, OECD, OIF, OPCW, OSCE, Pacific Alliance (observer), Paris Club, PCA, PIF (partner), UN, UNCTAD, UNESCO, UNFICYP, UNHCR, UNMISS, UNRWA, UNTSO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO, ZC

none (Special Administrative Region of China); Hong Kong Economic and Trade Office (HKETO) carries out normal liaison activities and communication with the US Government and other US entities

commissioner: Clement C.M. LEUNG

office: 1520 18th Street NW, Washington, DC 20036

telephone: [1] 202 331-8947

FAX: [1] 202 331-8958

HKETO offices: New York, San Francisco

chief of mission: Ambassador David Brookes MACNAUGHTON (since 2 March 2016)

chancery: 501 Pennsylvania Avenue NW, Washington, DC 20001

telephone: [1] (202) 682-1740

FAX: [1] (202) 682-7726

consulate(s) general: Atlanta, Boston, Chicago, Dallas, Denver, Detroit, Los Angeles, Miami, Minneapolis, New York, San Francisco/Silicon Valley, Seattle

trade office(s): Houston, Palo Alto (CA), San Diego; note - there are trade offices in the Consulates General

chief of mission: Consul General Kurt W. TONG (since 27 August 2016); note - also accredited to Macau

consulate(s) general: 26 Garden Road, Hong Kong

mailing address: Unit 8000, Box 1, DPO AP 96521-0006

telephone: [852] 2523-9011

FAX: [852] 2845-1598

chief of mission: Ambassador Kelly CRAFT (since 23 October 2017)

embassy: 490 Sussex Drive, Ottawa, Ontario K1N 1G8

mailing address: P. O. Box 5000, Ogdensburg, NY 13669-0430; P.O. Box 866, Station B, Ottawa, Ontario K1P 5T1

telephone: [1] (613) 688-5335

FAX: [1] (613) 688-3082

consulate(s) general: Calgary, Halifax, Montreal, Quebec City, Toronto, Vancouver

consulate(s): Winnipeg

red with a stylized, white, five-petal Bauhinia flower in the center; each petal contains a small, red, five-pointed star in its middle; the red color is the same as that on the Chinese flag and represents the motherland; the fragrant Bauhinia - developed in Hong Kong the late 19th century - has come to symbolize the region; the five stars echo those on the flag of China

two vertical bands of red (hoist and fly side, half width) with white square between them; an 11-pointed red maple leaf is centered in the white square; the maple leaf has long been a Canadian symbol

orchid tree flower; national colors: red, white

maple leaf, beaver; national colors: red, white

note: as a Special Administrative Region of China, "Yiyongjun Jinxingqu" is the official anthem (see China)

name: "O Canada"

lyrics/music: Adolphe-Basile ROUTHIER [French], Robert Stanley WEIR [English]/Calixa LAVALLEE

note: adopted 1980; originally written in 1880, "O Canada" served as an unofficial anthem many years before its official adoption; the anthem has French and English versions whose lyrics differ; as a Commonwealth realm, in addition to the national anthem, "God Save the Queen" serves as the royal anthem (see United Kingdom)

name: Ottawa

geographic coordinates: 45 25 N, 75 42 W

time difference: UTC-5 (same time as Washington, DC, during Standard Time)

daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November

note: Canada has six time zones

accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction

Hong Kong has a free market economy, highly dependent on international trade and finance - the value of goods and services trade, including the sizable share of reexports, is about four times GDP. Hong Kong has no tariffs on imported goods, and it levies excise duties on only four commodities, whether imported or produced locally: hard alcohol, tobacco, hydrocarbon oil, and methyl alcohol. There are no quotas or dumping laws. Hong Kong continues to link its currency closely to the US dollar, maintaining an arrangement established in 1983.

Excess liquidity, low interest rates and a tight housing supply have caused Hong Kong property prices to rise rapidly. The lower and middle-income segments of the population increasingly find housing unaffordable.

Hong Kong's open economy has left it exposed to the global economic situation. Its continued reliance on foreign trade and investment makes it vulnerable to renewed global financial market volatility or a slowdown in the global economy.

The mainland has long been Hong Kong's largest trading partner, accounting for about half of Hong Kong's total trade by value. Hong Kong's natural resources are limited, and food and raw materials must be imported. As a result of China's easing of travel restrictions, the number of mainland tourists to the territory surged from 4.5 million in 2001 to 47.3 million in 2014, outnumbering visitors from all other countries combined. After peaking in 2014, overall tourist arrivals dropped 2.5% in 2015 and 4.5% in 2016. The tourism sector rebounded in 2017, with visitor arrivals rising 3.2% to 58.47 million. Travelers from Mainland China totaled 44.45 million, accounting for 76% of the total.

The Hong Kong Government is promoting the Special Administrative Region (SAR) as the preferred business hub for renminbi (RMB) internationalization. Hong Kong residents are allowed to establish RMB-denominated savings accounts, RMB-denominated corporate and Chinese government bonds have been issued in Hong Kong, RMB trade settlement is allowed, and investment schemes such as the Renminbi Qualified Foreign Institutional Investor (RQFII) Program was first launched in Hong Kong. Offshore RMB activities experienced a setback, however, after the People’s Bank of China changed the way it set the central parity rate in August 2015. RMB deposits in Hong Kong fell from 1.0 trillion RMB at the end of 2014 to 559 billion RMB at the end of 2017, while RMB trade settlement handled by banks in Hong Kong also shrank from 6.8 trillion RMB in 2015 to 3.9 trillion RMB in 2017.

Hong Kong has also established itself as the premier stock market for Chinese firms seeking to list abroad. In 2015, mainland Chinese companies constituted about 50% of the firms listed on the Hong Kong Stock Exchange and accounted for about 66% of the exchange's market capitalization.

During the past decade, as Hong Kong's manufacturing industry moved to the mainland, its service industry has grown rapidly. In 2014, Hong Kong and China signed a new agreement on achieving basic liberalization of trade in services in Guangdong Province under the Closer Economic Partnership Agreement (CEPA), adopted in 2003 to forge closer ties between Hong Kong and the mainland. The new measures, which took effect in March 2015, cover a negative list and a most-favored treatment provision. On the basis of the Guangdong Agreement, the Agreement on Trade in Services signed in November 2015 further enhanced liberalization, including extending the implementation of the majority of Guangdong pilot liberalization measures to the whole Mainland, reducing the restrictive measures in the negative list, and adding measures in the positive lists for cross-border services as well as cultural and telecommunications services. In June 2017, the Investment Agreement and the Agreement on Economic and Technical Cooperation (Ecotech Agreement) were signed under the framework of CEPA.

Hong Kong’s economic integration with the mainland continues to be most evident in the banking and finance sector. Initiatives like the Hong Kong-Shanghai Stock Connect, the Hong Kong- Shenzhen Stock Connect the Mutual Recognition of Funds, and the Bond Connect scheme are all important steps towards opening up the Mainland’s capital markets and have reinforced Hong Kong’s role as China’s leading offshore RMB market. Additional connect schemes such as ETF Connect (for exchange-traded fund products) are also under exploration by Hong Kong authorities. In 2017, Chief Executive Carrie LAM announced plans to increase government spending on research and development, education, and technological innovation with the aim of spurring continued economic growth through greater sector diversification.

Canada resembles the US in its market-oriented economic system, pattern of production, and high living standards. Since World War II, the impressive growth of the manufacturing, mining, and service sectors has transformed the nation from a largely rural economy into one primarily industrial and urban. Canada has a large oil and natural gas sector with the majority of crude oil production derived from oil sands in the western provinces, especially Alberta. Canada now ranks third in the world in proved oil reserves behind Venezuela and Saudi Arabia and is the world’s sixth-largest oil producer.

The 1989 Canada-US Free Trade Agreement and the 1994 North American Free Trade Agreement (which includes Mexico) dramatically increased trade and economic integration between the US and Canada. Canada and the US enjoy the world’s most comprehensive and highly balanced bilateral trade and investment relationship, with merchandise trade of $544 billion in 2016, services trade of over $80 billion, and two-way investment stocks of nearly $700 billion. Over three-fourths of Canada’s exports are destined for the US each year. Canada is the largest foreign supplier of energy to the US, including oil, natural gas, and electric power, and a top source of US uranium imports.

Given its abundant natural resources, highly skilled labor force, and modern capital stock, Canada enjoyed solid economic growth from 1993 through 2007. The global economic crisis of 2007-08 moved the Canadian economy into sharp recession by late 2008, and Ottawa posted its first fiscal deficit in 2009 after 12 years of surplus. Canada's major banks emerged from the financial crisis of 2008-09 among the strongest in the world, owing to the financial sector's tradition of conservative lending practices and strong capitalization. Since the fall in world oil prices in 2014, Canada has achieved modest economic growth.

$453 billion (2017 est.)

$437.5 billion (2016 est.)

$428.8 billion (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 44

$1.764 trillion (2017 est.)

$1.712 trillion (2016 est.)

$1.687 trillion (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 18

$334.1 billion (2017 est.)

$1.64 trillion (2017 est.)

3.5% (2017 est.)

2% (2016 est.)

2.4% (2015 est.)

country comparison to the world: 89

3% (2017 est.)

1.5% (2016 est.)

0.9% (2015 est.)

country comparison to the world: 117

$61,000 (2017 est.)

$59,400 (2016 est.)

$58,700 (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 18

$48,100 (2017 est.)

$47,200 (2016 est.)

$47,100 (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 34

24.9% of GDP (2017 est.)

26.4% of GDP (2016 est.)

24.9% of GDP (2015 est.)

country comparison to the world: 52

19.9% of GDP (2017 est.)

19.6% of GDP (2016 est.)

20.4% of GDP (2015 est.)

country comparison to the world: 90

household consumption: 66.6%

government consumption: 10%

investment in fixed capital: 22.3%

investment in inventories: 0.7%

exports of goods and services: 191.9%

imports of goods and services: -191.3% (2017 est.)

household consumption: 58.1%

government consumption: 20.9%

investment in fixed capital: 22.8%

investment in inventories: 0.3%

exports of goods and services: 31.4%

imports of goods and services: -33.6% (2017 est.)

agriculture: 0.1%

industry: 7.2%

services: 92.7% (2017 est.)

agriculture: 1.7%

industry: 28.1%

services: 70.2% (2017 est.)

fresh vegetables and fruit; poultry, pork; fish

wheat, barley, oilseed, tobacco, fruits, vegetables; dairy products; fish; forest products

trading and logistics, financial services, professional services, tourism, cultural and creative, clothing and textiles, shipping, electronics, toys, clocks and watches

transportation equipment, chemicals, processed and unprocessed minerals, food products, wood and paper products, fish products, petroleum, natural gas

3% (2017 est.)

country comparison to the world: 103

4.8% (2017 est.)

country comparison to the world: 50

3.965 million (2017 est.)

country comparison to the world: 95

19.52 million (2017 est.)

country comparison to the world: 33

manufacturing: 3.8%

construction: 2.8%

wholesale and retail trade, restaurants, and hotels: 53.3%

financing, insurance, and real estate: 12.5%

transport and communications: 10.1%

community and social services: 17.1%

note: above data exclude public sector (2013 est.)

agriculture: 2%

manufacturing: 13%

construction: 6%

services: 76%

other: 3% (2006 est.)

2.6% (2017 est.)

2.7% (2016 est.)

country comparison to the world: 24

6.5% (2017 est.)

7% (2016 est.)

country comparison to the world: 91

19.6% (2012 est.)

9.4%

note: this figure is the Low Income Cut-Off, a calculation that results in higher figures than found in many comparable economies; Canada does not have an official poverty line (2008 est.)

lowest 10%: NA%

highest 10%: NA%

lowest 10%: 2.6%

highest 10%: 24.8% (2000 est.)

53.7 (2011 est.)

53.3 (2007 est.)

country comparison to the world: 9

32.1 (2005 est.)

31.5 (1994 est.)

country comparison to the world: 117

revenues: $66.19 billion

expenditures: $62.86 billion (2017 est.)

revenues: $623.7 billion

expenditures: $657.3 billion (2017 est.)

19.8% of GDP (2017 est.)

country comparison to the world: 155

38% of GDP (2017 est.)

country comparison to the world: 44

1% of GDP (2017 est.)

country comparison to the world: 15

-2% of GDP (2017 est.)

country comparison to the world: 84

43.6% of GDP (2017 est.)

44.8% of GDP (2016 est.)

country comparison to the world: 122

98.2% of GDP (2017 est.)

99.4% of GDP (2016 est.)

note: figures are for gross general government debt, as opposed to net federal debt; gross general government debt includes both intragovernmental debt and the debt of public entities at the sub-national level

country comparison to the world: 18

1 April - 31 March

1 April - 31 March

2% (2017 est.)

2.6% (2016 est.)

country comparison to the world: 93

1.6% (2017 est.)

1.4% (2016 est.)

country comparison to the world: 68

0.5% (31 December 2013 est.)

0.5% (31 December 2012 est.)

country comparison to the world: 133

1% (31 December 2010 est.)

0.25% (31 December 2009 est.)

country comparison to the world: 129

5.1% (31 December 2017 est.)

5% (31 December 2016 est.)

country comparison to the world: 144

2.9% (31 December 2017 est.)

2.7% (31 December 2016 est.)

country comparison to the world: 170

$310.3 billion (31 December 2017 est.)

$285.5 billion (31 December 2016 est.)

country comparison to the world: 17

$715.3 billion (31 December 2017 est.)

$637.3 billion (31 December 2016 est.)

country comparison to the world: 10

$1.736 trillion (31 December 2017 est.)

$1.613 trillion (31 December 2016 est.)

country comparison to the world: 10

$1.554 trillion (31 December 2017 est.)

$1.362 trillion (31 December 2016 est.)

country comparison to the world: 13

$719.2 billion (31 December 2017 est.)

$676.5 billion (31 December 2016 est.)

country comparison to the world: 22

$3.173 trillion (31 December 2017 est.)

$2.794 trillion (31 December 2016 est.)

country comparison to the world: 8

$3.185 trillion (31 December 2015 est.)

$3.233 trillion (31 December 2014 est.)

$3.101 trillion (31 December 2013 est.)

country comparison to the world: 5

$1.593 trillion (31 December 2015 est.)

$2.095 trillion (31 December 2014 est.)

$2.114 trillion (31 December 2013 est.)

country comparison to the world: 8

$10.06 billion (2017 est.)

$14.88 billion (2016 est.)

country comparison to the world: 21

$-55.57 billion (2017 est.)

$-50.53 billion (2016 est.)

country comparison to the world: 199

$540 billion (2017 est.)

$502.5 billion (2016 est.)

country comparison to the world: 8

$433 billion (2017 est.)

$393.5 billion (2016 est.)

country comparison to the world: 12

electrical machinery and appliances, textiles, apparel, watches and clocks, toys, "jewelry, goldsmiths' and silversmiths' wares, and other articles of precious or semi-precious materials"; Hong Kong plays an important role as entrep?t to the Chinese mainland; in 2017, 58% of Hong Kong’s re-exports originated in mainland China, and 54% were destined for the Chinese mainland

motor vehicles and parts, industrial machinery, aircraft, telecommunications equipment; chemicals, plastics, fertilizers; wood pulp, timber, crude petroleum, natural gas, electricity, aluminum

China 54.3%, US 8.5%, India 4.1% (2016)

US 76.4%, China 4.1% (2016)

$561.4 billion (2017 est.)

$520.1 billion (2016 est.)

country comparison to the world: 8

$443.7 billion (2017 est.)

$413.4 billion (2016 est.)

country comparison to the world: 10

raw materials and semi-manufactures, consumer goods, capital goods, foodstuffs, fuel (most is reexported)

machinery and equipment, motor vehicles and parts, crude oil, chemicals, electricity, durable consumer goods

China 45.5%, Taiwan 9.8%, South Korea 6.7%, Japan 6.3%, US 4.4% (2016)

US 52.2%, China 12.1%, Mexico 6.2% (2016)

$398.3 billion (31 December 2017 est.)

$386.3 billion (31 December 2016 est.)

country comparison to the world: 9

$85.6 billion (31 December 2017 est.)

$82.72 billion (31 December 2016 est.)

country comparison to the world: 29

$494.5 billion (31 December 2017 est.)

$505.9 billion (31 December 2016 est.)

country comparison to the world: 23

$1.608 trillion (31 March 2016 est.)

$1.55 trillion (31 March 2015 est.)

country comparison to the world: 15

$1.901 trillion (31 December 2017 est.)

$1.786 trillion (31 December 2016 est.)

country comparison to the world: 5

$1.045 trillion (31 December 2017 est.)

$1.004 trillion (31 December 2016 est.)

country comparison to the world: 12

$1.806 trillion (31 December 2017 est.)

$1.723 trillion (31 December 2016 est.)

country comparison to the world: 5

$1.366 trillion (31 December 2017 est.)

$1.277 trillion (31 December 2016 est.)

country comparison to the world: 11

Hong Kong dollars (HKD) per US dollar -

7.8 (2017 est.)

7.76 (2016 est.)

7.76 (2015 est.)

7.75 (2014 est.)

7.75 (2013 est.)

Canadian dollars (CAD) per US dollar -

1.31 (2017 est.)

1.33 (2016 est.)

1.33 (2015 est.)

1.28 (2014 est.)

1.03 (2013 est.)

electrification - total population: 100% (2016)

electrification - total population: 100% (2016)

35.75 billion kWh (2015 est.)

country comparison to the world: 61

643.2 billion kWh (2015 est.)

country comparison to the world: 7

41.74 billion kWh (2015 est.)

country comparison to the world: 55

516.6 billion kWh (2015 est.)

country comparison to the world: 7

1.205 billion kWh (2016 est.)

country comparison to the world: 55

73.35 billion kWh (2016 est.)

country comparison to the world: 3

11.62 billion kWh (2016 est.)

country comparison to the world: 23

9.303 billion kWh (2016 est.)

country comparison to the world: 27

12.63 million kW (2015 est.)

country comparison to the world: 55

147.6 million kW (2015 est.)

country comparison to the world: 9

100% of total installed capacity (2015 est.)

country comparison to the world: 9

26.3% of total installed capacity (2015 est.)

country comparison to the world: 188

0% of total installed capacity (2015 est.)

country comparison to the world: 107

9.2% of total installed capacity (2015 est.)

country comparison to the world: 20

0% of total installed capacity (2015 est.)

country comparison to the world: 180

53.7% of total installed capacity (2015 est.)

country comparison to the world: 38

0% of total installed capacity (2015 est.)

country comparison to the world: 187

11.4% of total installed capacity (2015 est.)

country comparison to the world: 65

0 bbl/day (2016 est.)

country comparison to the world: 148

3.679 million bbl/day (2016 est.)

country comparison to the world: 7

0 bbl/day (2014 est.)

country comparison to the world: 136

2.671 million bbl/day (2016 est.)

country comparison to the world: 5

0 bbl/day (2014 est.)

country comparison to the world: 139

892,500 bbl/day (2016 est.)

country comparison to the world: 11

0 bbl (1 January 2017 est.)

country comparison to the world: 147

169.7 billion bbl (1 January 2017 est.)

country comparison to the world: 3

0 bbl/day (2014 est.)

country comparison to the world: 156

1.883 million bbl/day (2016 est.)

country comparison to the world: 11

388,500 bbl/day (2015 est.)

country comparison to the world: 39

2.379 million bbl/day (2016 est.)

country comparison to the world: 11

9,625 bbl/day (2014 est.)

country comparison to the world: 84

991,600 bbl/day (2016 est.)

country comparison to the world: 9

332,000 bbl/day (2014 est.)

country comparison to the world: 25

381,200 bbl/day (2016 est.)

country comparison to the world: 24

0 cu m (2013 est.)

country comparison to the world: 148

149.9 billion cu m (2015 est.)

country comparison to the world: 5

4.49 billion cu m (2015 est.)

country comparison to the world: 69

114.8 billion cu m (2015 est.)

country comparison to the world: 12

0 cu m (2013 est.)

country comparison to the world: 120

78.25 billion cu m (2015 est.)

country comparison to the world: 5

3.243 billion cu m (2015 est.)

country comparison to the world: 42

19.63 billion cu m (2015 est.)

country comparison to the world: 15

0 cu m (1 January 2014 est.)

country comparison to the world: 151

2.182 trillion cu m (1 January 2017 est.)

country comparison to the world: 17

90 million Mt (2013 est.)

country comparison to the world: 43

564 million Mt (2013 est.)

country comparison to the world: 12

total subscriptions: 4,318,346

subscriptions per 100 inhabitants: 60 (July 2016 est.)

country comparison to the world: 36

total subscriptions: 15,155,520

subscriptions per 100 inhabitants: 42 (July 2016 est.)

country comparison to the world: 16

total: 17,584,969

subscriptions per 100 inhabitants: 245 (July 2016 est.)

country comparison to the world: 62

total: 30.752 million

subscriptions per 100 inhabitants: 86 (July 2016 est.)

country comparison to the world: 41

general assessment: modern facilities provide excellent domestic and international services

domestic: microwave radio relay links and extensive fiber-optic network

international: country code - 852; multiple international submarine cables provide connections to Asia, US, Australia, the Middle East, and Western Europe; satellite earth stations - 3 Intelsat (1 Pacific Ocean and 2 Indian Ocean); coaxial cable to Guangzhou, China (2015)

general assessment: excellent service provided by modern technology

domestic: comparatively low mobile penetration provides further room for growth; domestic satellite system with about 300 earth stations

international: country code - 1; submarine cables provide links to the US and Europe; satellite earth stations - 7 (5 Intelsat - 4 Atlantic Ocean and 1 Pacific Ocean, and 2 Intersputnik - Atlantic Ocean region) (2016)

4 commercial terrestrial TV networks each with multiple stations; multi-channel satellite and cable TV systems available; 3 licensed broadcasters of terrestrial radio, one of which is government funded, operate about 12 radio stations; note - 4 digital radio broadcasters operated in Hong Kong from 2010 to 2017, but all digital radio services were terminated in September 2017 due to weak market demand (2018)

2 public TV broadcasting networks, 1 in English and 1 in French, each with a large number of network affiliates; several private-commercial networks also with multiple network affiliates; overall, about 150 TV stations; multi-channel satellite and cable systems provide access to a wide range of stations including US stations; mix of public and commercial radio broadcasters with the Canadian Broadcasting Corporation (CBC), the public radio broadcaster, operating 4 radio networks, Radio Canada International, and radio services to indigenous populations in the north; roughly 1,119 licensed radio stations (2016)

.hk

.ca

total: 6.066 million

percent of population: 85% (July 2016 est.)

country comparison to the world: 69

total: 31,770,034

percent of population: 89.8% (July 2016 est.)

country comparison to the world: 23

number of registered air carriers: 7 (registered in China)

inventory of registered aircraft operated by air carriers: 253 (registered in China)

annual passenger traffic on registered air carriers: 41,867,157

annual freight traffic on registered air carriers: 11.294 billion mt-km (2015)

number of registered air carriers: 51

inventory of registered aircraft operated by air carriers: 879

annual passenger traffic on registered air carriers: 80,228,301

annual freight traffic on registered air carriers: 2,074,830,881 mt-km (2015)

B-H (2016)

C (2016)

2 (2013)

country comparison to the world: 201

1,467 (2013)

country comparison to the world: 4

total: 2

over 3,047 m: 1

1,524 to 2,437 m: 1 (2017)

total: 523

over 3,047 m: 21

2,438 to 3,047 m: 19

1,524 to 2,437 m: 147

914 to 1,523 m: 257

under 914 m: 79 (2017)

9 (2013)

26 (2013)

total: 2,100 km

paved: 2,100 km (2015)

country comparison to the world: 174

total: 1,042,300 km

paved: 415,600 km (includes 17,000 km of expressways)

unpaved: 626,700 km (2011)

country comparison to the world: 7

total: 2,576

by type: bulk carrier 1,142, container ship 471, general cargo 226, oil tanker 346, other 391 (2017)

country comparison to the world: 9

total: 639

by type: bulk carrier 16, container ship 1, general cargo 88, oil tanker 15, other 519 (2017)

country comparison to the world: 32

major seaport(s): Hong Kong

major seaport(s): Halifax, Saint John (New Brunswick), Vancouver

river and lake port(s): Montreal, Quebec City, Sept-Isles (St. Lawrence); Fraser River Port (Fraser); Hamilton (Lake Ontario)

oil terminal(s): Lower Lakes terminal

dry bulk cargo port(s): Port-Cartier (iron ore and grain),

container port(s): Montreal (1,446,000), Vancouver (3,054,000)(2015)

LNG terminal(s) (import): Saint John

total: 944

1,524 to 2,437 m: 75

914 to 1,523 m: 385

under 914 m: 484 (2013)

gas and liquid petroleum 110,000 km (2017)

total: 77,932 km

standard gauge: 77,932 km 1.435-m gauge (2014)

country comparison to the world: 4

636 km (Saint Lawrence Seaway of 3,769 km, including the Saint Lawrence River of 3,058 km, shared with United States) (2011)

country comparison to the world: 77

no regular indigenous military forces; Hong Kong garrison of China's People's Liberation Army (PLA) includes elements of the PLA Army, PLA Navy, and PLA Air Force; these forces are under the direct leadership of the Central Military Commission in Beijing and under administrative control of the adjacent Southern Command (2016)

Canadian Forces: Canadian Army, Royal Canadian Navy, Royal Canadian Air Force, Canadian Joint Operations Command (2015)

defense is the responsibility of China

0.99% of GDP (2016)

0.99% of GDP (2015)

1% of GDP (2014)

1% of GDP (2013)

1.12% of GDP (2012)

country comparison to the world: 114

17 years of age for voluntary male and female military service (with parental consent); 16 years of age for Reserve and Military College applicants; Canadian citizenship or permanent residence status required; maximum 34 years of age; service obligation 3-9 years (2012)

Hong Kong plans to reduce its 2,800-hectare Frontier Closed Area (FCA) to 400 hectares by 2015; the FCA was established in 1951 as a buffer zone between Hong Kong and mainland China to prevent illegal migration from and the smuggling of goods

managed maritime boundary disputes with the US at Dixon Entrance, Beaufort Sea, Strait of Juan de Fuca, and the Gulf of Maine, including the disputed Machias Seal Island and North Rock; Canada and the United States dispute how to divide the Beaufort Sea and the status of the Northwest Passage but continue to work cooperatively to survey the Arctic continental shelf; US works closely with Canada to intensify security measures for monitoring and controlling legal and illegal movement of people, transport, and commodities across the international border; sovereignty dispute with Denmark over Hans Island in the Kennedy Channel between Ellesmere Island and Greenland; commencing the collection of technical evidence for submission to the Commission on the Limits of the Continental Shelf in support of claims for continental shelf beyond 200 nm from its declared baselines in the Arctic, as stipulated in Article 76, paragraph 8, of the UN Convention on the Law of the Sea

despite strenuous law enforcement efforts, faces difficult challenges in controlling transit of heroin and methamphetamine to regional and world markets; modern banking system provides conduit for money laundering; rising indigenous use of synthetic drugs, especially among young people

illicit producer of cannabis for the domestic drug market and export to US; use of hydroponics technology permits growers to plant large quantities of high-quality marijuana indoors; increasing ecstasy production, some of which is destined for the US; vulnerable to narcotics money laundering because of its mature financial services sector

refugees (country of origin): 8,228 (Colombia); 7,356 (China); 6,774 (Haiti) (2016)