Digital Progress: Canada
% OF GDP
Canadian Economy
GDP 2022: 3.4%
CANADIAN GDP BY INDUSTRY
GDP 2023F: 1.0%
GDP 2024F: 1.1%
20.2%
Finance, Insurance,
& Real Estate
14.8%
Other
4.1%
Transportation
& Warehousing
6.6%
Professional,
Scientific,
& Technical
Services
7.0%
2.08T
CAD2012,
SAAR
(Feb 2023)
Public Administration
12.7%
Health & Education
10.3%
Wholesale &
Retail Trade
7.4%
Construction
9.4%
Manufacturing
7.5%
Mining and Oil
& Gas Extraction
GENERAL GOVERNMENT NET DEBT 2
-2
■2022 ■2023F
-4
163 161
-6
133 129
-8
92 95
94 96
99 99
82 83
-10
14
14
45 47
02
0
ANNUAL % CHANGE
(0.7)
(0.4)
(2.6)
REAL GDP GROWTH 1
U.S.
Canada
Eurozone
U.K.
Japan
2010-2019
2022E-2024F Avg.
GOVERNMENT FINANCIAL DEFICITS 3
(6.3)
(6.3)
(5.8)
(4.9)
(5.3)
-12
CA
GE
U.K.
Adv. Econ.
U.S.
FR
IT
JN
% OF GDP
CA
2022
■2023F
GE
Adv.
U.S.
U.K.
FR
IT
JN
Econ.
1 Sources: Scotiabank Economics, Haver Analytics, Statistics Canada. Forecasts as of May 18, 2023; 2 Sources: IMF Apr 2023 Fiscal Monitor. Calendar years shown; 3 Scotiabank Economics, IMF Apr 2023 Fiscal Monitor,
CBO. Calendar years shown.
63
(8.0)
(7.8)
(3.7)
(6.4)View entire presentation