Canada

Country Summary

Introduction

Background

Canada became a self-governing dominion in 1867, while retaining ties to the British crown. Canada aims to develop its diverse energy resources while maintaining its commitment to the environment.

Geography

Area

total: 9,984,670 sq km
land: 9,093,507 sq km
water: 891,163 sq km

Climate

varies from temperate in south to subarctic and arctic in north

Natural resources

bauxite, iron ore, nickel, zinc, copper, gold, lead, uranium, rare earth elements, molybdenum, potash, diamonds, silver, fish, timber, wildlife, coal, petroleum, natural gas, hydropower

People and Society

Population

38,516,736 (2023 est.)

Ethnic groups

Canadian 15.6%, English 14.7%, Scottish 12.1%, French 11%, Irish 12.1%, German 8.1%, Chinese 4.7%, Italian 4.3%, First Nations 1.7%, Indian 3.7%, Ukrainian 3.5%, Metis 1.5% (2021 est.)

Languages

English (official) 87.1%, French (official) 29.1%, Chinese languages 4.2%, Spanish 3.2%, Punjabi 2.6%, Arabic 2.4%, Tagalog 2.3%, Italian 1.5% (2022 est.)

Religions

Christian 53.3%, Muslim 4.9%, Hindu 2.3%, Sikh 2.1%, Buddhist 1%, Jewish 0.9%, Traditional (North American Indigenous) 0.2%, other religions and traditional spirituality 0.6%, none 34.6% (2021 est.)

Population growth rate

0.73% (2023 est.)

Government

Government type

federal parliamentary democracy (Parliament of Canada) under a constitutional monarchy; a Commonwealth realm; federal and state authorities and responsibilities regulated in constitution

Capital

name: Ottawa

Executive branch

chief of state: King CHARLES III (since 8 September 2022); represented by Governor General Mary SIMON (since 6 July 2021)
head of government: Prime Minister Justin Pierre James TRUDEAU (Liberal Party) (since 4 November 2015)

Legislative branch

description: bicameral Parliament or Parlement consists of:
Senate or Senat (105 seats; members appointed by the governor general on the advice of the prime minister and can serve until age 75)
House of Commons or Chambre des Communes (338 seats; members directly elected in single-seat constituencies by simple majority vote with terms up to 4 years)

Economy

Economic overview

one of the world’s largest economies; leading global financier and macroeconomic partner; largest US trading partner; key timber and oil and gas industries; Canada sends over half its development aid to the World Bank; key “blue economy” developer

Real GDP (purchasing power parity)

$1.832 trillion (2021 est.)
$1.752 trillion (2020 est.)
$1.849 trillion (2019 est.)

Real GDP per capita

$47,900 (2021 est.)
$46,100 (2020 est.)
$49,200 (2019 est.)

Agricultural products

wheat, rapeseed, maize, barley, milk, soybeans, potatoes, oats, peas, pork

Industries

transportation equipment, chemicals, processed and unprocessed minerals, food products, wood and paper products, fish products, petroleum, natural gas

Remittances

0.04% of GDP (2021 est.)
0.05% of GDP (2020 est.)
0.08% of GDP (2019 est.)

Exports

$611.146 billion (2021 est.)
$484.226 billion (2020 est.)
$561.63 billion (2019 est.)

Exports - partners

US 73% (2019)

Exports - commodities

crude petroleum, cars and vehicle parts, natural gas, gold, lumber (2021)

Imports

$609.256 billion (2021 est.)
$517.964 billion (2020 est.)
$589.037 billion (2019 est.)

Imports - partners

US 57%, China 11%, Mexico 5% (2019)

Imports - commodities

cars and vehicle parts, delivery trucks, crude petroleum, refined petroleum (2019)

Exchange rates

Canadian dollars (CAD) per US dollar -
Exchange rates:
1.254 (2021 est.)
1.341 (2020 est.)
1.327 (2019 est.)
1.296 (2018 est.)
1.298 (2017 est.)


Page last updated: Thursday, December 14, 2023