Answer:
Mixed economy
Step-by-step explanation:
Like most capitalist economies, including the US, Canada's economy can be characterized as a mixed economy, in which the state and private enterprise operate in the production of goods and services in a system of competition. The state operates through state-owned companies in strategic sectors such as oil, while private enterprise operates in virtually every market. Mixed economies, therefore, are the most common type of production model prevailing in capitalist economies.