Population: 35 million in 20131
GDP: $1.83 trillion in 20132
GDP per capita: $51,958 nominal3 ($43,247 PPP4) in 2013
GDP growth rate: 2.4% in 20145
GDP by Industry 20126
Industry sector | Value added ($ billions) 2012 | Percent of total |
Other activities | 849 | 50.7% |
Wholesale, retail trade, restaurants and hotels | 217 | 13.0% |
Manufacturing | 182 | 10.9% |
Mining and utilities | 152 | 9.1% |
Transport, storage and communication | 126 | 7.5% |
Construction | 123 | 7.4% |
Agriculture, hunting, forestry, fishing | 26 | 1.6% |
Total value added | 1,675 | 100% |
Unemployment rate: 7.1% in 20137
Employment by Industry 20138
Employment sector | Employees (thousands) 2013 | Percent of total |
Wholesale trade, retail trade and repair of motor vehicles | 2,969 | 16.7% |
Finance and insurance | 2,361 | 13.3% |
Administrative and support service | 2,177 | 12.3% |
Electricity, gas, steam and air conditioning | 1,796 | 10.1% |
Construction | 1,324 | 7.5% |
Professional, scientific and technical | 1,289 | 7.3% |
Transportation and storage | 1,132 | 6.4% |
Accommodation and food service | 1,094 | 6.2% |
Real estate | 942 | 5.3% |
Public administration and defence | 938 | 5.3% |
Information and communication | 806 | 4.5% |
Agriculture, forestry and fishing | 361 | 2.0% |
Manufacturing | 301 | 1.7% |
Water supply, sewerage and waste management | 144 | 0.8% |
Education | 76 | 0.4% |
Mining and quarrying | 21 | 0.1% |
Human health and social work | 4 | 0.0% |
Total employment | 17,731 | 100% |
Top 10 Corporations by Revenue 2013* 9
Rank | Corporation | Revenue ($ billions) 2013 | Profit ($ billions) 2013 | Assets ($ billions) 12/31/13 | Industry |
1 | Suncor Energy | 34 | 4.1 | 66 | Energy |
2 | Royal Bank of Canada | 33 | 7.1 | 727 | Finance |
3 | Alimentation Couche-Tard | 32 | 0.5 | 10 | Retail |
4 | Magna International | 31 | 1.3 | 16 | Automobile supplier |
5 | Toronto-Dominion Bank | 28 | 5.6 | 728 | Finance |
6 | George Weston | 28 | 0.5 | 21 | Food processing |
7 | Onex | 25 | -0.3 | 33 | Diversified |
8 | Power Corporation of Canada | 25 | 0.8 | 291 | Energy |
9 | Bank of Nova Scotia | 24 | 5.6 | 627 | Finance |
10 | Enbridge | 22 | 0.4 | 49 | Energy |
* Corporate data calculated using the exchange rate 1.185 CAD = 1 USD
Household Wealth: $7.51 trillion (410% of GDP) in 201410
Household Wealth per Adult: $274,543 in 201410
Gini Coefficient: .337 in 201011
Central Government
Central Government Revenue: $688 billion (37% of GDP) in 201312
Central Government Expenditure: $741 billion (40% of GDP) in 201312
Central Government Budget Balance: -$53 billion (-3% of GDP) in 201312
Central Government Public Debt: $845 billion (46% of GDP) in Mar 2014* 13
Central Government 10 Year Bond Interest Rate: 1.66% on Jan 11, 201514
* Public debt calculated using the exchange rate 1.185 CAD = 1 USD
Public Funds
Alberta Heritage Savings Trust Fund: $17.3 billion (1% of GDP) in 201415
Quebec's Generations Fund: $5.2 billion (0.3% of GDP) in 201415
Tax Structure
Personal Income Tax Rates and Thresholds in 2013* 16
Corporate Tax Rate: 26% in 201417
* Thresholds calculated using the exchange rate 1.185 CAD = 1 USD
Money Supply (M1): $627 billion (34% of GDP) in Sept 2014* 18
Benchmark Interest Rate: 0.75% in Mar 201519
Total Reserves: $71.9 million in 201320
Exchange Rate: 1.185 Canadian Dollars = 1 U.S. Dollar on Jan 12, 201521
Inflation: 0.9% in 201322
* Monetary base calculated using the exchange rate 1.185 CAD = 1 USD
Top 10 Financial Institutions by Assets 201323
Rank | Financial Institution | Assets ($ billions) 10/31/13* |
1 | Toronto-Dominion Bank | 727 |
2 | Royal Bank of Canada | 726 |
3 | Bank of Nova Scotia | 627 |
4 | Bank of Montreal | 453 |
5 | Canadian Imperial Bank of Commerce | 336 |
6 | Desjardins Group | 179 |
7 | National Bank of Canada | 159 |
8 | HSBC Bank of Canada | 71 |
9 | Laurentian Bank of Canada | 29 |
10 | Canadian Wesertern Bank | 16 |
* Assets calculated using the exchange rate 1.185 CAD = 1 USD
Exports: $459 billion (25% of GDP) in 201324
Imports: $471 billion (26% of GDP) in 201324
Trade Balance: -$12 billion (-1% of GDP) in 201324
Foreign Direct Investment Inflow: $62 billion (3% of GDP) in 201325
Foreign Direct Investment Outflow: $43 billion (2% of GDP)in 201325
Foreign Aid Inflow: N/A
Foreign Aid Outflow: $4.9 billion (0.3% of GDP) in 201326
1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: IMF World Economic Outlook (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: International Labor Organization, Downloads (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: World Bank Indicators (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: Department of Finance Canada (Public debt) Go back
14. Source: Bloomberg (Government bond yield) Go back
15. Source: ESADE Sovereign Wealth Funds (Public funds) Go back
16. Source: OECD Stat Extracts, Public Sector, Tax Database (Individual tax rates) Go back
17. Source: Tax Foundation (Corporate tax rate) Go back
18. Source: Bank of Canada Weekly Financial Statistics(Money supply) Go back
19. Source: Bank of Canada (Benchmark interest rate) Go back
20. Source: World Bank Indicators (Total reserves) Go back
21. Source: Yahoo Finance (Exchange rate) Go back
22. Source: World Bank Indicators (Inflation rate) Go back
23. Source: Relbanks.com (Financial institutions by assets) Go back
24. Source: CIA World Factbook (Trade data) Go back
25. Source: OECD FDI in Figures (FDI data) Go back
26. Source: OECD Aid Statistics (Aid outlfow) Go back