Search results
5 days ago · Investopedia is the world's leading source of financial content on the web, covering market news, investing, retirement, and more. However, the web page does not focus on Canada-specific topics or information.
- Simulator
Simulator - Investopedia
- Dictionary
A Ton Of Money: A slang term used to describe a significant...
- Markets Today
By clicking “Accept All Cookies”, you agree to the storing...
- Personal Finance
The Investopedia Team. Updated Feb 28, 2024. Predatory...
- Investing Essentials
Booster Shot: The name given to the first formal...
- Fundamental Analysis
Hiccup is a slang term for a short-term disruption within a...
- Reviews
Read reviews of financial products and services to learn...
- Academy
Each course is taught by an expert in the field—hand-picked...
- US Economy News Today: Inflation Slowed in May, Buoying Rate Cut Hopes
- The S&P 500 Keeps Breaking Records, So Why Are Market Watchers Nervous?
- What's Next for Nike After Disappointing Q4 Results, Outlook for 2025
- Toyota Follows Tesla With Plans To Launch Self-Driving EV in China
- Infinera Soars After $2.3 Billion Deal to Be Acquired by Nokia
- Simulator
- The Canadian Economy by The Numbers
- Canada's Top Industries: Real Estate, Manufacturing, and Mining
- Canada's Top Trading Partners
- The Bottom Line
- GeneratedCaptionsTabForHeroSec
Canadian 2022 GDP: $2.14 trillion (World Ranking: #9).Canadian 2022 GDP per Capita: $54,966.5 (World Ranking: #22).Canadian 2022 GDP Growth: 1.5%.Canadian 2022 Consumer Price Index(CPI) Inflation: 6.8%.Real Estate, Rental, and Leasing
Canada's real estate, rental, and leasing industry is comprised of establishments engaged in the following types of activities: real estate management; selling, renting, or buying real estate for others; appraising real estate; rental and leasing of tangible assets such as automotive equipment; and leasing of nonfinancial intangible assets such as copyrighted works. GDP for the industry, which employed about 283,777 people in 2022, rose 2.4% for the 12 months ending July 2023, according to th...
Manufacturing
Canada's manufacturing industry is engaged in the physical or chemical transformation of materials or substances into new products. These products may either be finished goods for consumption or semi-finished goods to be used in manufacturing processes. Canada's industries manufacture food, chemicals, petroleum, fabricated metal products, machinery, transportation equipment, and other products. GDP for the industry, which employed approximately 1.6 million people in 2022, decreased by 0.2% fo...
Mining, Quarrying, and Oil and Gas Extraction
Canada's mining, quarrying, and oil and gas extraction industry is primarily engaged in the extraction of naturally occurring minerals. The industry is dominated by oil and gas extraction, but other types of mining activity include mining coal and a range of metals, including gold, silver, copper, nickel, and more. Stone, sand, gravel, clay, and ceramic mining and quarrying are also part of the industry, as well as mining for potash. GDP for the industry, which employs approximately 207,000 p...
In June 2023, Canada's trade balance for goods and services was CAD$1 billion deficit. Total imports were CAD$64.4 billion and total exports were CAD$60.7 billion. Inventories, gross fixed capital formation, and exports each comprise roughly a third, respectively, of Canada's GDP, according to the Government of Canada. The country's top three tradi...
Canada is a highly developed nation with one of the largest economies in the world, impacting much of global trade. Its largest industries are real estate, mining, and manufacturing, and it is home to some of the largest mining companies in the world. A large portion of its GDP comes from international trade, with its largest trading partners being...
Learn about Canada's GDP, trade, industries, and major companies in this comprehensive article by Investopedia. Find out how Canada ranks among the world's economies and what factors drive its growth and challenges.
May 6, 2021 · Learn how to reduce your income tax by borrowing to invest, maxing out your RRSP, choosing tax-favored investments, and more. This article from Investopedia Canada provides practical advice and examples for Canadian taxpayers.
- Elvis Picardo
- GDP. Statistics Canada, a national agency, publishes growth statistics on the Canadian economy monthly and quarterly. The report shows the real gross domestic product (GDP) for the overall economy and is broken down by industry.
- Employment Change and Unemployment. Data on the Canadian employment market, such as the net change in employment, the unemployment rate, and the participation rate, is contained in the monthly Labour Force Survey released by Statistics Canada.
- CPI. Statistics Canada releases a monthly report on the consumer price index (CPI) that measures inflation at the consumer level. The index is constructed by comparing changes over time for a fixed basket of goods and services purchased by consumers.
- International Merchandise Trade. This monthly report from Statistics Canada shows the nation’s imports and exports and the net merchandise trade surplus or deficit.
Oct 24, 2023 · Learn about the CPP, the Canadian social security system that provides retirement or disability benefits. Find out how to apply, how much you can get, and how it compares to the U.S. Social Security.
- Julia Kagan
Feb 19, 2024 · Learn how retirement in Canada differs from the U.S. in terms of savings plans, taxes, health care, and pensions. Compare RRSPs, TFSAs, IRAs, 401 (k)s, OAS, CPP, and Medicare.
People also ask
What is Investopedia?
Is Canada a good place to invest?
What are economic indicators in Canada?
What do American and Canadian investors have in common?
Oct 21, 2023 · Learn how the U.S. and Canada differ in their financial markets, banking systems, and economic sectors. Compare the pros and cons of investing in each country and the opportunities for foreign investors.
