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Canada’s economy contracted in April amid COVID-19 restrictions. Statistics Canada says the 0.3 per cent GDP decline follows 11 straight monthly increases.
The economy of Canada is a highly developed mixed economy, [33] [34] [35] with the world's ninth-largest economy as of 2024, and a nominal GDP of approximately US$2.117 trillion. [6] Canada is one of the world's largest trading nations, with a highly globalized economy. [36] In 2021, Canadian trade in goods and services reached $2.016 trillion ...
The Canadian economy most likely grew at an annualized rate of 4.6% in the second quarter over the first, boosting market expectations of another big interest rate hike in September. The result ...
A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2023. For illustrative purposes, market income (total income less government transfers) [1] per capita from tax returns is included. (The per capita, rather than per tax filer, measure is chosen for comparability with GDP per capita.)
In 2023 the population of Canada was 39,566,248 (Q1, 2023) [1] compared to 36,991,981 in 2021 [2] while the population of the United States was 333,287,557 in 2022, [3] almost nine times larger than Canada. The United States GDP was $24.8 trillion in 2021. [4] The United States has the largest economy globally and Canada ranks 9th at US$2.015 ...
The Canadian economy most likely grew at an annualized rate of 4.6% in the second quarter over the first, boosting market expectations of another big interest rate hike in September. The result ...
Canadian Finance Minister Chrystia Freeland on Thursday unveiled an economic update, slashing 2023 real GDP forecast to 0.7%, but said the economy would avoid a recession, while announcing C$11.3 ...
On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. [5] The rankings of national economies over time have changed considerably; the economy of the United States surpassed the British Empire's output around 1916, [6] which in turn had surpassed the economy of the Qing dynasty in aggregate output decades earlier.