Canada's Economy
Canada at a Glance
An overview of Canada's economy - its size, resources, services and immigration-driven population growth - and its place among rich countries.
Canada is the world’s second-largest country by area but has about 41 million people.
Size
- Among the world’s 10 largest economies.
- A G7 member.
Economy
- Services make up most of GDP.
- Resources: oil, gas, minerals, timber, wheat and potash.
- Manufacturing: cars, aerospace and food processing.
Population
- Most Canadians live within about 200 km of the US border.
- Population growth depends heavily on immigration.
Cities
Toronto, Montreal and Vancouver are major economic centres.
Challenges
- Housing affordability.
- Productivity growth.
- Trade dependence on the US.
India link
Canada has a large Indian diaspora, among the largest outside Asia.
The border belt
A map of Canada's population shows most people living in a thin strip along the US border, near markets and a milder climate.
Thinking a huge country means a huge population
Canada has about 41 million people.
Key takeaways
- Canada has about 41 million people and is a G7 member.
- Services dominate, with major resource sectors.
- Most people live near the US border.
- Immigration drives population growth.
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