Canadian Bail-in Regime Update
Canada: National Information
GDP broken down by province/territory continues to demonstrate that Canada's
economy is well diversified
Canada's GDP by Province / Territory1
(%)
YT
0.2%
NT
NU
0.2%
0.2%
BC
13.8%
AB
15.3%
SK
MB
QC
3.5% 3.2%
ON
19.7%
38.7%
1 Percentages may not add up to 100% due to rounding
CIBC
NL
1.4%
PE
0.3%
Population²
Canada: Key Facts
GDP (Market Prices)³
GDP per capita³
Labour Force4
Provinces/Territories
Legal System
2023 Transparency
International CPI
40.5 MM
CAD 2,904 BN
CAD 52,144
21.5 MM
10/3
Based on English
common law,
excluding Quebec
which is based on
civil law
12th
Economist Intelligence Unit
(2021-2025)
Best business
environment: ranked
1st among G7; 2nd
globally5
Moody's
Aaa
NB
1.6%
NS
2.0%
Canada Sovereign Credit
Ratings (M/S&P/F/DBRS)
S&P
AAA
Fitch
AA+
DBRS
AAA
1 Statistics Canada (November 2023 Table 36-10-0402-02)
2 Statistics Canada (December 2023 Table 17-10-0009-01)
3 Statistics Canada (September 2023 Table 36-10-0491-01)
4 Statistics Canada (September 2023 Table 14-10-0287-01)
5 Economist Intelligence Unit (2021-2025)
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