| #CanadaFacts

Economy

Understand how various levels of government across Canada generate revenue and where the money goes. Explore economic levers, including taxes, trade, inflation, immigration, and employment trends, and how they impact Canadians. Dive into our Canada Facts series, where fascinating insights meet reliable data, delivering everything you need to stay informed and captivated about Canada!

Key Indicators

GDP (2023)

$2.38 trillion
Source: Statistics Canada

Median household income (2022)

$70,500
Source: Statistics Canada

Median individual income (2022)

$43,090
Source: Statistics Canada
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How much does the City of Toronto collect and spend?

Toronto ranks eighth overall among all governments in Canada by budget size, ahead of many provinces and territories, and all other municipalities. Learn how much the city collects and where it spends its money.

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Electric Cars, Infrastructure Henry Dang Electric Cars, Infrastructure Henry Dang

How many electric car charging stations are in Canada?

Since 2016, Canada has been ramping up construction of key infrastructure to support Canadians switching from gas-powered vehicles to zero-emission vehicles, including electric charging stations. Dive into the data to explore how many electric charging stations there are across the country and which provinces have the most robust system.

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How many Canadians have registered retirement savings plans?

Registered Retirement Saving Plans or RRSPs are an important part of the retirements savings equation for many Canadians. These plans provide additional funds upon retirement, giving people an added level of financial security. Learn how many Canadians invest in RRSPs.

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How many Canadian workers are unionized?

In 2023, Statistics Canada reported that 5.3 million Canadians—about 3 in 10 employees—were covered by collective bargaining agreements. Of which 76.7% of public sector employees were unionized compared to 15.5% of employees in the private sector.

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What is the labour force survey and what does it tell us?

The Labour Force Survey provides insights into shifting national, provincial, territorial, and regional labour trends such as employment across industrial sectors, hours worked, labour force participation, and unemployment rates.

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How charitable are Canadians?

In 2023, Canadians donated a record high $12.7 billion to charities. That’s an 11.8% increase from the $11.4 billion reported in 2022.

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Are Canadians getting wealthier?

The median and average household net worth of Canadians have been increasing. The median household net worth of Canadians reached $519,700 in 2023, and the average reached $995,900.

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