Data sets offering a full view of Canada’s economy, international trade and finance sector. With links to rankings of the country’s best and safest banks. Updated October 2023
Canada: From Fossil Strength To A Green Economy
As one of the largest and most developed economies in the world, Canada is also considered a model for sustainable development and social inclusion. Canada not only boasts a highly skilled workforce and abundant energy, mineral and agricultural resources, but it benefits from a strong financial and banking sector, a favorable foreign investment environment and the immediate proximity to the US market.
A top exporter of crude petroleum and natural gas, Canada has at the same time placed itself at the forefront of the fight against the climate crisis through substantial investments in clean electricity and tech manufacturing, carbon capture, and hydrogen production. Economic challenges include a high household debt, over-reliance on trade with the United States, and low workforce productivity.
GDP & Economic Information
Macroeconomy & Sovereign Data
| Total Area | 9.9 million sq km |
|---|---|
| Type of Government | Federal parliamentary democracy under a constitutional monarchy |
| Capital | Ottawa |
| Total Population |
39.6 million |
| Median Age | 40.6 |
| Total GDP | USD 2 trillion (2023 est) |
| Adult Per Capita Income (PPP) | USD 60,146 |
Canada
Capital Raising & Corporate Finance
Tyro Entrepreneur Catapults Into Top CEO Ranks
Features
Ready For Takeoff
Banking
| Central Bank | Bank of Canada |
|---|---|
| Currency | Canadian dollar (CAD) |
| International Reserves | USD 113 billion |
| Sovereign Ratings |
Moody’s Aaa Fitch AA+ S&P AAA |
| Main Stock Exchanges |
Toronto Stock Exchange (TSX) Canadian Securities Exchange (CSE) |
Click here to read our picks for best bank in Canada and all of the Americas
Trade Data
| Total exports |
USD 562 billion |
|---|---|
| Leading Exports | Crude petroleum, Cars and vehicle parts, Natural gas, Gold, Lumber |
| Major Trade Partners – Export | United States, China, United Kingdom, Japan, Mexico |
| Total Imports | USD 624 billion |
| Leading Imports |
Cars and vehicle parts, Delivery trucks, Crude petroleum Refined petroleum |
| Major Trade Partners – Imports | United States, China, Mexico, Germany, Japan |
Canada's Leading Companies
| Finance | RBC Royal Bank, TD Bank Group, Sun Life Financial |
|---|---|
| Energy | Enbridge Gas |
| Telecom |
Rogers Communications |
| Retail | Shopify |
Global Finance Rankings & Awards: Canada
Global Finance Magazine awards recognize excellence in finance throughout the year, naming the world's best in a range of categories including Trade Finance, Investment Banking, Treasury & Cash Management, Innovation, Sustainable Finance and more.
Data Sources:
IMF World Economic Outlook
UN World Population Prospects
World Inequality Report
S&P Global Ratings
Moody’s
Fitch Ratings
IMF Direction of Trade Statistics (DOTS)
UN Conference on Trade and Development (UNCTAD)
CIA The World Factbook
World Bank’s World Integrated Trade Solution
Forbes Global 2000