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The average selling price of a home in Canada decreased by 3.9% year-over-year to $724,800 in July 2024. [74] Sales of new condo units in the first half of the year fell 57% from the previous year, marking the slowest pace in 27 years in Toronto [ 75 ] and all housing inventory in Vancouver increased by 39% compared to the year prior, rising ...
The Seniors Strategy for Canada—an annual NIA report on the state of public policy related to Canada's ageing population— was first published in 2015 when there was a demographic shift in Canada's population as the number of Canadians aged 65 and over increased. In 2015, this demographic outnumbered children under 15. [3]
Canada's fertility rate hit a record low of 1.4 children born per woman in 2020, [30] below the population replacement level, which stands at 2.1 births per woman. In 2020, Canada also experienced the country's lowest number of births in 15 years, [30] also seeing the largest annual drop in childbirths (−3.6%) in a quarter of a century. [30]
Canada's demographic landscape has undergone a profound transformation in recent decades, marked by a notable shift in age distribution. [4] The proportion of seniors, defined as individuals aged 65 and over, has surpassed that of children under 15, signaling a significant demographic shift. [ 3 ]
In Canada in September 2018, the consumer price index (CPI) rose 2.2% on a year-over-year basis. The Bank of Canada's monthly CPI measures changes in consumer prices based on the price of a "fixed basket of goods and services" purchased by Canadian consumers, [41] such as made up of goods and services that Canadians typically buy, such as food ...
The Canada Pension Plan (CPP; French: ... were made over the entire working life of a contributor from age 18 to 65 in constant dollars. ... at age 65) was just over ...
By the end of the 1960s, Statistics Canada estimated that the number of Canadians living in poverty had fallen from about 25% of the population in 1961 to about 20.8% in 1969, [79] and to 13.9% by 1982. [80]: 64
Canada's exports totalled over $637 billion, while its imported goods were worth over $631 billion, of which approximately $391 billion originated from the United States. [37] In 2018, Canada had a trade deficit in goods of $22 billion and a trade deficit in services of $25 billion. [37]