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1.5 1.8 0.8 Pharmaceuticals 52 1757 Constellation Software: Toronto 3.1 0.4 2.9 18.7 IT services 53 1805 Canadian Utilities: Calgary 3.4 0.5 16.0 7.6 Utilities 54 1940 Laurentian Bank of Canada: Montreal 1.4 0.2 34.4 1.3 Banking 55 1975 Goldcorp: Vancouver 3.0 −4.2 17.0 9.4 Mining 56 1978 CAPREIT: Toronto 0.5 0.9 7.9 5.5 Real estate
Canada is the world's eighth-largest economy as of 2022, with a nominal GDP of approximately US$2.2 trillion. [1] It is a member of the Organisation for Economic Co-operation and Development (OECD) and the Group of Seven (G7), and is one of the world's top ten trading nations, with a highly globalized economy.
Canada has one of the highest levels of economic freedom in the world. Today Canada closely resembles the U.S. in its market-oriented economic system and pattern of production. [74] As of 2019, Canada has 56 companies in the Forbes Global 2000 list, ranking ninth just behind South Korea and ahead of Saudi Arabia. [75]
While Canada's ten provinces and three territories exhibit high per capita GDPs, there is wide variation among them. Ontario , the country's most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and midwestern United States .
The Toronto-Dominion Centre in Toronto. The economy of Ontario is diversified.Ontario is the largest economy in Canada, making up around 38% of Canadian GDP. [1] [2] Though manufacturing plays an important role in Ontario's economy responsible for 12.6% of Ontario's GDP, the service sector makes up the bulk, 77.9%, of the economy. [3]
The following is a list of the world's largest manufacturing companies, ordered by revenue in millions of U.S. dollars according to the Fortune Global 500. Currently the 50 biggest companies by revenue are included.
The region has also emerged as the Canada's largest biotechnology cluster, with over 50% of the country's life sciences companies based in the area. Toronto's biotech industry is centered around the Discovery District, a 2.5 km 2 area of the downtown core hosting a number of large hospitals, leading research institutions, and the MaRS buildings.
Agriculture companies of Canada (5 C, 21 P) Architecture firms of Canada (1 C, 63 P) Automotive companies of Canada (4 C, 8 P) B. Biotechnology companies of Canada ...