| #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)
Median household income (2022)
Median individual income (2022)
Which provinces and territories have the most debt?
Servicing debt takes away much-needed funds that otherwise could be used to support programs and projects. Learn which provinces and territories have the most debt.
How much does the Ontario Government collect?
In 2024-2025, the Government of Ontario collected $226.2 billion in revenue. That’s more than a $20 billion or a 10% increase from the previous year. The largest source of revenue is personal income tax which reached $55.7 billion.
What percentage of Canadians are falling behind on mortgage payments?
Across the country, the rising cost of living is straining Canadian bank accounts. For many, meeting their debt obligations, including mortgage payments, is becoming challenging. Learn what mortgage delinquency rate nationally, and how it compares from region to region.