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12 February, 2021updated 30 Oct 2021 05:07

Investing in Canada: what you need to know

All of the key data and information needed when considering investing in Canada.

By Carmen

As of 2021, Canada has a population of 38.4 million, making it the 38th largest country in the world by this measure. There are 49.7% males and 50.3% females.

There are 17.5 million people employed in Canada, with an unemployment rate of 8.1% – 1.5 million people.


Canada is the 11th largest economy in the world with a GDP of $1.8 trillion. Canada’s GDP has grown by 10% between 2010 and 2021 and is expected to grow by 24% by 2025.

As of 2021 there are 1.7 million students in tertiary education in Canada, with 2.7 million students in secondary and 2.5 million in primary education. Canada spent 8.2% of its GDP on education in 2019.

Canada ranked 23rd in the World Bank’s Doing Business Report (2020). In the 2019 report it finished 22nd. In the World Economic Forum’s Global Competitiveness Report (2019), Canada finished 14th, after ranking 12th in 2018.

Public healthcare expenditure totalled $128.1 billion and private healthcare expenditure equalled $55.7 billion in 2018.

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The largest urban areas in Canada are Toronto (6.2 million people), Montreal (4.2 million) and Vancouver (2.6 million).

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